The U.S. Cotton Trust Protocol welcomes Sri Lankan textile manufacturer Teejay Lanka and its wholly-owned subsidiary Teejay India as new members. Teejay is the first textile manufacturer in Sri Lanka to join the Trust Protocol and membership will allow the company to prove the cotton fiber element in its sourcing mix is more sustainably grown…
The Ambassador of Viet Nam in Colombo Ho Thi Thanh Truc paid a courtesy call on State Minister of Regional Cooperation Tharaka Balasuriya at the Foreign Ministry premises on 13 July, 2021. While reiterating on the long-standing bilateral relations between the two countries, the State Minister Balasuriya noted that the main focus of the Government…
Mr Sanjeeva Jayawardena, President’s Counsel, has been re-appointed to the Monetary Board of the Central Bank of Sri Lanka (CBSL), for a fresh term of 6 years, up to June 2027, by His Excellency the President Gotabaya Rajapaksa, consequent to his nomination being approved by the Parliamentary Council. Mr.Sanjeeva Jayawardena is the first President’s Counsel…
To help close the gender gap and promote greater work-life balance, particularly at a time of COVID-19 impacts, IFC and the Federation of Chambers of Commerce and Industry Sri Lanka (FCCISL) have launched a new online learning series to strengthen business commitment towards flexible work and family-friendly practices to help employees. Over 40 Sri Lankan…
Issues comprehensive handbook with protocols to ensure COVID-safe events Urges industry, venues, and clients to pledge support to follow suggested guidelines Expresses grave concern over survival of industry if safety violations lead to further outbreaks 130,000 jobs and 600,000 livelihoods connected to the Rs 30 Bn industry at risk Calls for prioritizing industry in vaccination…
Sri Lanka was recently recognized as one of the top destinations for Digital Nomads, emerging second in Club Med’s index of the best places and countries around the world to become a Digital Nomad. Club Med collected and assessed data in line with the growing demand for the nomadic lifestyles which enables travellers to escape…
The United States continues to support small businesses in Sri Lanka as they work to overcome the economic challenges posed by the pandemic. The U.S. International Development Finance Corporation (DFC) awarded USD 150 million in funding to Sri Lanka’s DFCC Bank to bolster the local small and medium-sized enterprise (SME) sector, strengthen private sector investment,…
As a way of appreciating Sri Lanka’s Olympic team for representing the country at the Tokyo 2020 Olympic games, Cinnamon Life will be hosting the contingent at Cinnamon Grand Colombo. Cinnamon Life, which is Sri Lanka’s first ever integrated resort will host the entire contingent on full board complimentary basis, in adherence with all necessary…
In line with the recently concluded Sri Lanka Investment Forum (SLIF) 2021 oganised by the BOI, The Ceylon Chamber of Commerce and Colombo Stock Exchange, the Council for Startups held a webinar on the Startup Ecosystem Landscape to attract investments via the local Tech and Innovation opportunities. It was noted that in a thriving /robust…
The Silk Road Journal by Mahika Ming The Katharagama Esala Perahera festival began few days ago. There are various views about the practice of “fire walking” which takes place during the festival. It is believed to be held for centuries to invoke blessings on the people & the country. Fire walking is mainly a religious…
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