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CMA CGM applies surcharges on cargo from India, Sri Lanka, Middle East Gulf

French ocean carrier CMA CGM has notified its customers of an Overweight Surcharge (OWS), effective from 1 October 2024 until further notice. The …

Government Plans Relief for High VAT & Income Taxes, President Tells IMF Delegation

President Anura Kumara Dissanayake engaged directly with an IMF delegation yesterday, including Director of the Asia Pacific Department Krishna …

IMF to Announce Dates for Third Review under EFF Program for Sri Lanka

The International Monetary Fund (IMF) will soon announce the dates for the third review under the Extended Fund Facility (EFF) program for Sri Lanka, …

Admiral Sirimevan Sarathchandra Ranasinghe (Rtd), new Chairman of Sri Lanka Ports Authority

Admiral Sirimevan Sarathchandra Ranasinghe (Rtd) aasumed duties today (10/03/2024) as the Chairman of Sri Lanka Ports Authority (SLPA).  He was …

Independent Consultant of Gates Foundation met with Secretary to President

Chanditha Samaranayake, Independent Consultant of the Gates Foundation met with the Secretary to the President Dr. Nandika Sanath Kumanayake at the …

Central Bank of Sri Lanka Discontinues Pension Payments for Governors

The Central Bank of Sri Lanka (CBSL) has announced a significant change in its pension policy for former Governors, effective from September 11, …

High-Level IMF Team Meets Sri Lankan Government to Discuss Economic Reforms

A high-level delegation from the International Monetary Fund (IMF) arrived in Sri Lanka today (02) to engage with the newly formed government led by …

External Affairs Minister S Jaishankar to visit Colombo this week

External Affairs Minister S. Jaishankar is set to visit Colombo this week, marking the first high-level engagement with newly elected President Anura …

Fonterra unveils its revised strategy, emphasizing stronger focus on Ingredients & Foodservice businesses

Fonterra Co-operative Group Ltd has released its revised strategy, which will see the Co-op deepen its focus on its high-performing Ingredients and …

YUKTHI Calls for Rejecting the Recent Bond Deal

YUKTHI, a plural research forum supporting working people’s movements and people’s struggles for democracy and justice in Sri Lanka, calls on the …

EnerGulf: Leading the charge in sustainable energy

The solar energy landscape is evolving, driven by technological advancements, increasing environmental concerns, and the urgent need for sustainable …

Women’s Chamber of Industry and Commerce holds 39th AGM

The Women’s Chamber of Industry and Commerce (WCIC) held its Annual General Meeting (AGM), marking a pivotal moment in the organization’s 39-year …

President Meets with U.S. Ambassador Julie Chung

President Anura Kumara Dissanayake met with U.S. Ambassador Ms. Julie J. Chung at the Presidential Secretariat, today (01). Ambassador Chung extended …

SL Purchasing Managers’ Index for construction industry expands at slower pace in Aug 2024

Sri Lanka Purchasing Managers’ Index for Construction (PMI -Construction) expanded at a slower pace in August 2024 over the significantly higher …

Sri Lanka’s August 2024 Merchandise Exports Rise by 4.2-pct to USD 1.2 Bn

As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in August 2024 amounted to US$ 1,165.4 million, …

Opinion: Positive Market Impact of SL’s Presidential Elections – Key Decisions for Good Governance

By Uddeepa Peiris Sri Lanka has recently witnessed significant political change following the conclusion of the presidential elections. With a new …

KOICA to offer loans for projects aimed at preventing fraud and corruption in Sri Lanka

The Korea International Cooperation Agency (KOICA) has pledged its full support for the transparency initiative of the current government. This …

Japan to Restart 11 Stalled Projects in Sri Lanka with Government Support

The Japanese Ambassador to Sri Lanka, MIZUKOSHI Hideaki, affirmed that the Japanese government is committed to fully supporting efforts to combat …

Central Bank maintains policy interest rates at their current levels

The Monetary Policy Board of the Central Bank of Sri Lanka, at its meeting held on 26 September 2024, decided to maintain the Standing Deposit …

Visa Applications Now Available Under Previous System Starting Midnight Today

Minister of Public Security, Vijitha Herath addressed the recent visa issues, stating that the government has taken swift action to resolve the …

Vote on Account first; 2025 Budget early next year: NPP Economic Council

The new President plans to introduce a vote on account to cover expenditures until a fully-fledged budget is presented next year, according to …

Presidential Subsidy Initiative Supports Farmers and Fishermen

President Anura Kumara Dissanayake has instructed the Treasury to provide an allowance of Rs. 25,000 per hectare to paddy farmers for the Maha season …

Navigating new EU sustainability and labelling requirements: Challenges and opportunities

By Joint Apparel Association Forum (JAAF) The European Union (EU), with its vast market of over 448 million consumers, has always been a key …

Planters’ Association of Ceylon welcomes new President : Calls for collaborative efforts to transform sector

The Planters’ Association of Ceylon (PA) congratulates NPP leader Anura Kumara Dissanayake on his election as the 9 th Executive President of Sri …