Large-scale solar capacity growth expected to top wind in 2022 for the first time
Growth in large-scale solar capacity is expected to exceed wind growth next year for the first time, according to a new report from the U.S. Energy Information Administration. In its…
Central Bank of Sri Lanka holds policy rates at their current levels despite inflationary concerns
The Central Bank of Sri Lanka (CBSL) decided to hold key policy rates at their current levels despite concerns over rising inflation rates and possible inflationary pressures over the medium…
Ceylon Graphite Enters into Strategic Partnership with Sri Lanka’s LOLC to Capture Global Battery Anode Market
Sri Lanka’s diversified Conglomerate LOLC Holdings PLC has entered into MOU with Vancouver-based Ceylon Graphite Corp. to jointly develop at least three new graphite mines and to set up a…
United States Provides $75 million to NDB Bank to Strengthen Sri Lankan Small and Medium Businesses
The United States is providing a welcome boost to Small and Medium Enterprises (SME) in Sri Lanka struggling with the impact of the pandemic. The U.S. International Development Finance Corporation…
Ceylon Chamber welcomes acceleration of vaccine drive
The Ceylon Chamber of Commerce commends the efforts taken by the President, Ministry of Health, and other relevant authorities to accelerate the process of vaccinating the population of Sri Lanka…
Vish Govindasamy takes over as the new Chairman of the Ceylon Chamber of Commerce
The Ceylon Chamber of Commerce elected Vish Govindasamy as its Chairman during the Chamber’s 182nd Annual General Meeting on Tuesday (29). He succeeds Dr. Hans Wijayasuriya who completed his 2-Year Term as…
The Ceylon Chamber of Commerce to conduct the National SME Forum 2021
In an effort to support all players in the SME Eco-system, the Ceylon Chamber of Commerce has organized a National SME Forum in collaboration with public, private, and Non-Governmental sector…
IFC’s Investment in Sunshine Holdings to Help Diversify Business Operations in Sri Lanka, Drive Efficiency
Consumers in Sri Lanka are set to benefit from a new $5 million investment by International Finance Corporation (IFC) to Sunshine Consumer Lanka Ltd, a subsidiary of Sunshine Holdings PLC…
Spice Industry Veteran and Gulam Chatoor from the Spice Arena
Gulam Chatoor the present Chairman of Saboor Chatoor (Private) Ltd, one of the leading spice exporters of Sri Lanka records nearly seven decades of piloting the company. To date, Gulam…
Sri Lanka Prepares to launch its first official Tourism ‘Travel App’ to Assure post-COVID travelers with Unique Experiences
Sri Lanka is preparing to launch its first official Tourism ‘Travel App’ with the assistance of WorldBank and Asian Development Bank with a focus on enhancing the visitor experience and improving the…