USAID launch Island plastic challenge to help consumer goods companies address plastic waste
In support of the Ministry of Environment's policy on plastic waste reduction, the United States Agency for International Development’s (USAID) partner, …
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Framing a fresh narrative of South Asian Luxury at CFW
Luxury edition by CFW focuses on refreshing the luxury narrative which is relevant to Sri Lanka and South Asia. This narrative is presented in a conversation …
Bath Curry Indicator trending down
Advocata Institute’s Bath Curry Indicator (BCI) , which tracks changes in the retail price of food in Colombo that typically goes into a packet of rice, …
Central Bank publishes “Recent Economic Developments: Highlights of 2022 and Prospects for 2023”
The Central Bank of Sri Lanka today published “Recent Economic Developments: Highlights of 2022 and Prospects for 2023”. The publication can be downloaded …
Business Chambers request all parties to call off protests planned on 2nd Nov
Several Business Chambers in a joint statement note with concern that some organizations have called for mass protests on 2 nd November. While recognizing …
Free-Trade-Agreements essential to enhancing Sri Lankan apparel’s resilience
With fears of a global economic recession looming, the Joint Apparel Association Forum (JAAF) is actively stepping up engagement with top Government and …
PwC discusses the path towards ESG for food and beverage industry
Committed towards supporting the local food and beverage sector adapt to initiating measurable ESG initiatives, help gain investor confidence and generate much …
SL Purchasing Managers’ Index: Sept 2022 manufacturing PMI decline
Manufacturing PMI declined in September 2022, indicating a setback in manufacturing activities on a month-on-month basis. Accordingly, Manufacturing PMI …
Ceylon Chamber seeks acceleration of reforms and greater accountability for Govt spend
The Ceylon Chamber of Commerce acknowledges the rationale for the recently proposed tax changes and calls on the Government to show greater restraint, …
Hayleys Fabric strengthens biodiversity regeneration efforts, Partners with CEA and local universities
Strengthening its commitment to drive biodiversity regeneration and environmental conservation, Hayleys Group subsidiary and leading textile manufacturer …
Sri Lanka Central Bank appoints new deputy Governor
The Monetary Board, with the concurrence of the Minister of Finance, has promoted K M A N Daulagala, Assistant Governor and the Secretary to the Monetary …
Women in Sri Lanka call for stronger measures to protect their rights
Women leaders from four provinces in Sri Lanka have urged local government authorities to strengthen efforts to protect women, who have been affected by the …
Central Bank of Sri Lanka maintains policy interest rates
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 05 October 2022, decided to maintain the Standing Deposit Facility Rate (SDFR) and …
How a country in economic turmoil is still ripe for investors
For businesses in the field of large-scale manufacturing, a critical factor that determines their future and success is a key decision made at their very …
Real-estate still a good long-term investment: Report
Research Intelligence Unit, a consultancy firm specializing in real-estate says the sector will continue to be a good long-term investment while the current …
ADB to provide USD14Bn to ease food crisis, promote long-term food security in Asia and Pacific
The Asian Development Bank (ADB) today announced plans to provide at least $14 billion over 2022–2025 in a comprehensive program of support to ease a …
Exporters pessimistic over outlook on economy and export orders, SMEs more vulnerable to crisis: Report
The latest bi-annual Export Barometer Survey indicates that exporters are increasingly concerned about the implications of the expected contraction of the Sri …
CICT named best container terminal of its capacity in Asia for 6th successive year
Colombo International Container Terminals (CICT) has been crowned the Best Container Terminal in Asia in the Under 4 million TEUs category for the sixth …
“There is opportunity in crisis” – JAAF Secretary General
Apparel industry proves resilient in the face of adversityTotal apparel exports in July 2022 ($ 522.14 million) - 22.4% increase YoY As Sri Lanka struggles …
Businesses spending higher percentage of technology budgets on cybersecurity, Sophos research reveals
Sophos, a global leader in next-generation cybersecurity, today released additional findings from its survey report, The Future of Cybersecurity in Asia …