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Month: August 2023

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  • COLOMBO PORT CITY RECEIVED APPROVAL FOR
    BUSINESSES OF STRATEGIC IMPORTANCE

COLOMBO PORT CITY RECEIVED APPROVAL FOR
BUSINESSES OF STRATEGIC IMPORTANCE

The Colombo Port City Economic Commission has achieved a significant milestone in its journey, to transform the Colombo Port City into a globally competitive special economic zone (SEZ). The Parliament…

Sri Lanka to embrace sustainable manufacturing and circular economy, gain significance, differentiate globally elevating manufacturing economy” – Swaminathan

The plastics and rubber products market expected to grow to $1899.33 billion in 2027 at a CAGR of 6.7% with new developments in packaging and innovation Sri Lanka’s Advancement circular…

COPF raps Finance Ministry over its failure in recovering the loss incurred by the Sugar Tax Scam

The Committee on Public Finance (COPOF) questioned the officials representing the Ministry of Finance regarding the action taken to recover the loss incurred by the Sugar Tax Scam in Sri…

Ceylon Chamber Announces Strategic Partnership to Implement ERP Solution

The Ceylon Chamber of Commerce entered a strategic partnership with renowned implementationservice provider Pristine Solutions Pvt Ltd, to revolutionize its operations and bring cutting-edgetechnology to the forefront with the implementation…

Velona Cuddles Bamboo Nappies Set to Revolutionize Baby Care in Australia 

Threadworks, a leading innovator in baby products, is thrilled to announce the successful launch of its ground-breaking product line – Bamboo Nappies – in Australia. Designed to provide parents with…

Sri Lanka’s Central Bank Cut SRR by 2 %

In a bid to increase market liquidity, the Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 8 August 2023, decided to reduce the Statutory…

Sri Lanka Agripreneurs’ Forum and I/D/E/A/S Announce Partnership Launch “Agcelerator” Funding and Mentoring Program for Agri SMEs and Startups

Sri Lanka Agripreneurs’ Forum (SLAF), the leading agribusiness association in Sri Lanka, and I/D/E/A/S(Initiatives in Development of Entrepreneur Approaches & Strategies), a group of retired Sri Lankanprofessionals dedicated to giving…

India hands over INR 450 million for Sri Lanka’s Unique Digital Identity project

Indian High Commissioner handed over a cheque of 450 million for the Sri Lanka Unique Digital Identity (SL-UDI) Project.  High Commission of India in Colombo, Sri Lanka twitted, “High Commissioner…

Abu-Dhabi based low-Cost Carrier Air Arabia clears to operate to Sri Lanka

The low-Cost Airliner (LCA) will operate scheduled direct flights to Colombo, qualifying itself with the Sri Lanka Civil Aviation technical and operational requirements and meeting with international safety standards, Passenger…