Sri Lanka reaches debt restructuring deal with creditor nations: report

Sri Lanka has been informed of an apparent resolution regarding the restructuring of its debt with creditor nations. However, the awaited official confirmation letter from the creditor committee is yet to materialize, as stated by a government source, Reuters reported on Wednesday. Approximately a month subsequent to securing a deal with the Export-Import Bank of […]

‘s raw talent into IT professionals

By Jekhan Aruliah For all its catastrophic consequences COVID-19 lockdowns at least had a silver lining for Sri Lanka’s towns and cities beyond the Western Province. Thousands of staff returned from Colombo to hometowns across Sri Lanka to be locked-down with their families. Many sadly lost their jobs, as their work required their physical presence […]

ComBank’s Rs 6 billion Debenture Issue to open on 12th December

The Colombo Stock Exchange (CSE) has approved in principle the listing of Commercial Bank of Ceylon’s Rs 6 billion Debenture Issue opening on Tuesday 12th December 2023. The Bank has announced an initial issue of 60 million Basel III Compliant – Tier 2 Listed Rated Unsecured Subordinated Redeemable Debentures with a Non-Viability Conversion feature, at […]

Gary Mehigan: Former MasterChef Australia Judge is finally here in Sri Lanka

Internationally acclaimed Celebrity Chef and former MasterChef Australia judge, Gary Mehigan, has officially arrived in Sri Lanka for a highly anticipated three-day culinary extravaganza, presented in partnership with Cinnamon Hotels & Resorts. The culinary maestro landed at the Bandaranaike International Airport late last night (27th), where he was warmly welcomed with a traditional Sri Lankan […]

Public Investment for Closing the SDG Financing Gap: Sri Lankan Perspective

Sri Lanka, like many nations, grapples with the challenge of bridging the gap between aspirations and resources to achieve the United Nations’ 2030 Agenda for Sustainable Development. A new study conducted by the Institute of Policy Studies of Sri Lanka (IPS) delves into this issue, highlighting the pivotal role of public investment in driving progress […]

Vallibel One records a net profit of Rs. 4.47 Bn during the second quarter

Notwithstanding the macroeconomic constraints and conditions that prevailed during the year, Vallibel One Group remained focused on delivering steadfast value to its stakeholders. The Group recorded a revenue of Rs. 30.54 Bn for the second quarter, bringing the organization to reach a cumulative revenue of Rs. 58.26 Bn, resulting in a 5% increase against the […]

Sri Lanka Economic Summit 2023 kicks off

The Ceylon Chamber of Commerce will host the Sri Lanka Economic Summit 2023 on November 28th and 29th at the Shangri-La Hotel, Colombo, with President Ranil Wickremesinghe attending as the Chief Guest. The inauguration will also feature a Keynote Address and Fireside Chat with Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission of India […]

Bulgarian President seeks increased bilateral trade and tourism flows with Sri Lanka

Ambassador Dhammika Kumari Semasinghe presented Letters of Credence concurrently accrediting her as Sri Lanka’s Ambassador Extraordinary and Plenipotentiary to the Republic of Bulgaria with residence in Warsaw, Poland, to President Rumen Radev of Bulgaria, at the Presidential Palace in Sofia on 22 November 2023. The formal presentation ceremony was followed by a  meeting between Sri […]

Page 155 of 4040