Pelwatte Dairy, the renowned dairy producer of Sri Lanka has welcomed the Government’s move to ban the chemical fertilizers from the next Maha season towards endowing a healthy future generation to the country. Pelwatte Dairy Industries, which is on an inspiring mission to develop its compost production to help support the healthy lifestyle of the…
The first Geo-Zone Coordination Meeting for the Implementation of the FAO Global Action on Fall Armyworm (FAW) Control in South Asia was hosted by the FAO Asia-Pacific Regional Office recently. Representatives from the Department of Agriculture in Sri Lanka, the FAW Task Force and the FAO Representation in Sri Lanka attended the meeting hosted virtually…
Business Sentiment – Index Falls To A Five Month Low The impact of the third wave of the COVID-19 pandemic on the local economy is expected to be less severe than the previous waves “due to the selective nature of mobility restrictions and the ongoing vaccination drive,” according to the Monetary Board of the Central…
The Chamber Academy, the knowledge arm of the Ceylon Chamber of Commerce has joined hands with Hutchison Telecommunications Lanka (Pvt) Ltd and London Stock Exchange Group – Sri Lanka to host a timely webinar on the amendments that were introduced to the Inland Revenue Act. The virtual discussion will be beneficial for corporates and individuals…
The Sri Lanka Export Development Board (EDB) is implementing an assistance scheme to enable farmers and processors in Sri Lanka to obtain organic certification as per the Sri Lanka Organic Standard – SLS 1324:2018. The certificates will be issued by the certification institutes accredited for SLS 1324:2018 by the Sri Lanka Accreditation Board (SLAB). This…
Marking an important milestone of its 60 years’ history, People’s Bank began construction of its all-new Head Office building. The Prime Minister, Honourable Mahinda Rajapaksa inaugurated the construction by unveiling the ceremonial plaque digitally on the 28th of May 2021. The ceremony to mark this event which was held simultaneously at the Temple Trees and…
Diversified Sri Lankan conglomerate Sunshine Holdings (CSE: SUN) recorded resilient revenue and profit growth in a pandemic-affected macroeconomic environment, reporting notable top-line and bottom-line performances growth during the year ended 31 March 2021 (FY20/21). Group’s Healthcare and Consumer sectors led growth while healthcare segment remained the major contributor to total Group revenue in FY21. Sunshine…
The Ministry of Finance and the World Bank recently signed a new grant from the European Union to support the Agriculture Sector Modernization Project (ASMP). This grant is part of the EU’s EUR 25 million support to the US$ 125 million project and will be administered by the World Bank. Since inception in 2016, the Agriculture…
The Silk Road Journal – by Mahika Ming World renowned Chinese agronomist Yuan Longping who developed the first hybrid rice strains passed away in the Peoples Republic of China (PRC) at 91 few days ago. Just the way we dubbed late Prime Minister Dudley Senanayaka as the “Father who gave rice – Bath dun piya”(probably…
The ban, which does not apply to Italian citizens, was introduced in late April and was due to expire on Sunday. Rome: Italy extended Sunday an entry ban for people coming from India, Bangladesh and Sri Lanka, as a continued precaution against the more transmissible India-dominant variant of the novel coronavirus. The ban, which does not…
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