Sri Lanka asks Amazon to remove bikinis and doormats featuring its flag
Sri Lanka has asked retail giant Amazon to take down bikinis, briefs and doormats featuring the nation’s lion flag from its site, authorities said Sunday, two days after it protested…
The Ceylon Chamber of Commerce signs MOU with McLarens Maritime Academy
The Ceylon Chamber of Commerce (CCC) and the McLarens Maritime Academy recently entered in to a Memoranda of Understanding where CCC appointed surveyors will have an opportunity to undertake training…
Global Fashion Brands Face Legal Complaints On Labour Rights Violations at Hirdaramani Mercury Apparel
Sri Lanka’s Stand Up Movement and Commercial & Industrial Workers’ Union (CIWU) filed a complaint with the Labour Commissioner to conduct an inquiry into nonpayment of workers’ wages and bonuses,…
Central Bank Announces Six Month concessionary Period for Lease Payment Obtained By Passenger Transport Sector
The Central Bank (CB) instructed licensed commercial banks and licensed specialized banks to grant a concession for lease facilities obtained by COVID-19 affected businesses and individuals in passenger transportation services…
Sri Lanka’s discussions for emergency financial support with IMF failed due to disagreements over policy requirements
The International Monetary Fund (IMF) couldn’t proceed with disbursing emergency financial support for Sri Lanka as the discussions failed due to disagreements over policy requirements on debt sustainability to address…
China approves $1.5 billion currency swap with Sri Lanka
(Reuters) – China has approved a 10 billion yuan ($1.54 billion) currency swap with Sri Lanka, a government spokesman in Colombo said on Wednesday. The deal will allow the island…
United States First Lady presents Sri Lanka’s Ranitha Gnanarajah with the International Women of Courage award
On the 8th of March, First Lady of the United States Dr. Jill Biden and Secretary of State Antony Blinken honored Ranitha Gnanarajah as an International Women of Courage (IWOC) award winner for her commitment…
India Denies Approving Sri Lanka’s WCT Deal with Adani group
India on Friday denied Sri Lanka’s announcement that New Delhi had cleared the proposal of an Adani group company to develop the West Container Terminal (WCT) at Colombo port, according to…
Gembridge appoints top gem merchant Armil Sammoon as its ambassador to Sri Lanka
Digital coloured gemstone trading platform Gembridge appointed top gem merchant Armil Sammoon as its ambassador to Sri Lanka. Under its global ambassador network, Gembridge plans to popularise the trading platform…
CB decides to hold policy rates steady
The Central Bank(CB) decided to hold its policy rates steady while reemphasizing its commitment to sustain the low-interest rate structure until the economy recovers. The Monetary Board of the CCB,…