Category: Featured
Dutch companies exploring investment opportunities in renewable energy and sustainable agriculture: Envoy
The Dutch companies are eager to explore investment opportunities in renewable energy, eco-labeling and sustainable agriculture, if Sri Lanka can showcase a corruption free business environment, Her Excellency Bonnie Horbach, Ambassador to the Kingdom of the Netherlands in Sri Lanka stated at a meeting with the leadership of the Ceylon Chamber of Commerce, during Her […]
ITC meets Min of Trade to present e certificate of origin system for SL exporters
Nalin Fernando, Minister of Trade, Commerce and Food Security in Colombo was presented the new Electronic Certificate of Origin (eCoO) system by the International Trade Centre (ITC) team, led by Ms. Raghad Altalli, Programme Manager and Trade Facilitation Advisor. The new eCoO system, implemented by the Department of Commerce (DoC), is a fully digital solution […]
ComBank launches LankaPay cards in Sri Lanka
Sri Lanka’s payment cards domain took a giant leap today when the Commercial Bank of Ceylon in collaboration with LankaPay launched a national credit and debit card with international acceptance. This National Card Scheme is an initiative implemented by LankaPay in partnership JCB International Co. Ltd, the Japan-based international card, with over 150 million cardholders […]
‘s biography launched in Colombo
The biography of the late Editor of The Sunday Leader Lasantha Wickrematunge, Unbowed & Unafraid was launched today by his ex-wife Raine Wickrematunge, at an event held at the Sri Lanka Foundation Institute. The welcome address was delivered by Lasantha Wickrematunge’s niece, journalist Raisa Wickrematunge, followed by the keynote address by Peter D’ Almeida and […]
IMF Executive Board Approves USD3 Bn Under the Extended Fund Facility (EFF) Arrangement
The Executive Board of the International Monetary Fund (IMF) approved today a 48‑month extended arrangement under the Extended Fund Facility (EFF) with an amount of SDR 2.286 billion (395 percent of quota or about US$3 billion). Sri Lanka has been hit hard by a catastrophic economic and humanitarian crisis.The economy is facing significant challenges stemming […]
Ekva to energise Sri Lanka’s startups
Ekva LLC, a US company with strong Sri Lankan roots spearheaded by Amith Boteju, CEO will be in Sri Lanka to find promising startups in any industry for the company’s accelerator. “We aim to invest and guide promising startups to build sustainable businesses and raise funds. Selected startups will be offered an investment from Ekva […]
Indian Min Jaishankar inaugurates “Geoffrey Bawa: It is essential to be there” marks 75 yrs of Indo-Lanka relations
Indian Minister of External Affairs Dr. S. Jaishankar inaugurated the Sri Lankan exhibition “Geoffrey Bawa:It is Essential To be There” at the National Gallery of Modern Art in New Delhi recently. Indian Minister of State for External Affairs and Culture Meenakshi Lekhi was also present on this occasion. The historic exhibition which features the works […]
Eran urges Govt to disclose contents in IMF agreement
Even though the present government said no, the Samagi Jana Balawega emphasized from the beginning that this country needs some sort of agreement and financial assistance from the International Monetary Fund because it gives a signal to the international market that there is a financial discipline in the country paving the way for bilateral and […]
Opinion: HNB reiterates importance of developing a national savings culture
HNB Deputy General Manager – Retail and SME Banking, Sanjay Wijemanne As more Sri Lankans face concerns over their personal financial security, and that of the country, HNB is working to help raise awareness on the opportunities that every Sri Lankan can access, in order to develop their savings habits, and help drive an effective […]
SL raises Commonwealth of Nations Flag for Peace as collective commitment
On the occasion of Commonwealth Day, the Commonwealth of Nations Flag for Peace was raised on 13 March 2023 by State Minister of Foreign Affairs Tharaka Balasuriya with the participation of Secretary of the Ministry of Foreign Affairs Aruni Wijewardane and officials of the Ministry symbolizing Sri Lanka’s commitment to the shared values and principles of […]
Book Review: The Seven Moons of Maali Almeida – 2022 Booker Prize Winner
March 12, 2023 (LBO) – I am not a book reviewer. I am probably not even what one would really consider well read. However, during covid, I finally broke a long dry spell of not finishing a book. Since then I thankfully find the reading habit has come back to me, upgrading my mind like […]
SL welcomes UN agreement to protect high seas
Sri Lanka welcomes the conclusion of negotiations on a landmark agreement to enhance the international legal regime concerning the conservation of marine biological diversity in the High Seas which concluded on 4th March at the United Nations Headquarters, New York, Ministry of Foreign Affairs said in a statement released today. The agreement covers almost two-thirds […]