EDB develops vocational education, training plan for electrical & electronics industry
The Sri Lanka Export Development Board (EDB) with the assistance of the Tertiary and Vocational Education Commission (TVEC) has prepared a Vocational …
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Pakistan envoy seeks joint ventures & collaborations with Sri Lanka
Acting High Commissioner, Tanvir Ahmed, and Trade & Investment Attaché, Asmma Kamal called on the newly appointed Finance Minister Basil …
Automobile Component Manufacturers surpass 5,000 employment appointments in WP: SLACMA
The brand-new component manufacturers have surpassed the granting of 5,000 new employment appointments in the Western Province over the past few …
Hemas Partners with Govt plastic waste recycling campaign
Hemas Holdings partnered with the Ministry of Environment to support its environmental initiative ‘Not a Rule but a Discipline’ focused on the …
China donates another 1.6mn doses of Sinopharm COVID-19 vaccines to Sri Lanka
The Government of China donated another consignment of 1.6 million doses of the Sinopharm COVID-19 vaccines to Sri Lanka. The two SriLankan Airlines …
Nations Trust Bank Unlisted Debenture Oversubscribed Upon Opening
Nations Trust Bank announced the successful oversubscription of its Unlisted Debenture prior to its opening, aggregating LKR 5 Bn in applications. …
Sri Lanka expects nearly USD 2.65bn forex inflows over next 3 months: Nivard Cabraal
State Minister of Money & Capital Markets Ajith Nivard Cabraal stresses that what is most important is the cash flow, not the Reserve level at a …
Employer-supported Childcare: A Solution to Labour Shortages?
By Amanda Balasooriya Kanthi is a 33-year-old working mother who resides in Kuliyapitiya. Her two-year-old daughter is enrolled at a private crèche …
Foreign reserves will fall to a record low of USD 2.6bn after July 27, lowest level in SL history: Mangala
Former Minister of Finance Mangala Samaraweera stresses that a fuel shortage is likely to occur very soon, with about USD 1.2 billion in fuel costs …
Baurs to bring expert team to study Sri Lanka’s agriculture ecosystem
One of the pioneers in agriculture fertilizer and a leading diversified business group, A. Baur & Co. (Pvt.) Ltd., also known as Baurs, will be …
HIPG Delegation visits SL Ambassador to China; discussions on joint investment promotion
As construction work begins in the industrial park at the Hambantota Port, efforts are being made to attract Sri Lankan and international investors. …
Hayleys Fabric cuts carbon footprint by 15-pct with Sri Lanka’s largest solar roof
Leading textile manufacturer, Hayleys Fabric further reduced its carbon footprint by 15% with the installation of the largest private sector rooftop …
Sandra De Zoysa appointed Chairperson of SLASSCOM for 2021/2022
The Sri Lanka Association of Software and Services Companies (SLASSCOM) appointed Sandra De Zoysa as Chairperson for 2021/’22, at the 9th Annual …
JAT Holdings IPO oversubscribed
The IPO of JAT Holdings was an oversubscription of 82,904,846 ordinary shares. Priced at a value of Rs. 27 per share, the IPO raised Rs.2.2 billion …
Sri Lanka’s Weakening External Finances to Pressure Corporate Ratings: Fitch Ratings
Sri Lankan corporates could face rating pressure should the government further restrict imports amid weakening external finances, Fitch Ratings says …
Sri Lanka records USD 978Mn exports in June 2021; maintains its upward trend
As per the latest statistics released by the Sri Lanka Customs, the export sector performance has been able to maintain its upward trend in June 2021 …
Moody’s places Sri Lanka’s Caa1 rating under review for downgrade
Moody's Investors Service ("Moody's") has today placed the Government of Sri Lanka's Caa1 foreign currency long-term issuer and senior unsecured debt …
Russell Juriansz elected as Chairman of Sri Lanka Shippers’ Council
Sri Lanka Shippers’ Council held its 51st Annual General Meeting on 14 July 2021. Considering the prevailing situation in the …
In Sri Lanka Cash Transfers Give Essential Support to People Hit Hardest by COVID-19: World Bank
When the first lockdown was imposed in March 2020, Nayani’s financial woes worsened overnight. Struggling with partial loss of sight and Chronic …
Personal Data Protection vs Right to Information – TISL’s recommendations on Data Protection Bill
By Transparency International Sri Lanka: Sri Lanka is on the verge of introducing a bill on Personal Data Protection which aims to regulate the …
Sri Lanka receives multi-day fishing vessel monitoring system from Australia
Sri Lanka received a multi-day fishing vessel monitoring system that contributes to ensure maritime security, under a financial grant from Australia. …
Committee on demarcation of jurisdiction proposes to establish new Courts & increase Judges
The Committee appointed to review demarcation of jurisdiction and to increase the number of Courts presented its report to the Minister of Justice …
Fitch affirms Sri Lanka’s People’s Bank at AA -(lka); Outlook Stable
Fitch Ratings has affirmed the National Long-Term Rating of People's Bank (Sri Lanka) (PB) at 'AA-(lka)'. The Outlook is Stable. KEY RATING DRIVERS …
Online platform launched for Sri Lankan exporters seeking access to Chinese market
The Sri Lanka Embassy in Beijing assisted the Hairong Technology Co. Ltd organised the introduction of the "Sri Lanka Platform" along with an …