Sri Lanka expects $250 million to its dwindling FX Reserves from Bangladesh in Crucial July
The Central Bank of Sri Lanka is expecting a $250 million boost from its dwindling foreign exchnage reservers from the Bangladesh Bank in July. “Inflows expected to the Central Bank…
Sri Lanka and IFAD partners to launch $42.7M project to reduce poverty and increase food security in the face of climate change
The International Fund for Agricultural Development (IFAD) together with the Government of Sri Lanka last week signed a financial agreement to launch the Smallholder Agribusiness and Resilience Project (SARP). The…
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…
Costa Rica’s Rebeca Grynspan to Head UNCTAD
Rebeca Grynspan of Costa Rica will be the new Secretary-General of UNCTAD, the UN trade, and development body. Her nomination to the post by UN Secretary-General António Guterres was approved…
Sri Lanka’s FX reserves hit a new low of $ 4.02 billion in May
Sri Lanka’s gross official foreign exchange reserves tumbled to $ 4.02 billion at end of May from $4.5 billion a month ago as the country faces $3.5 billion external debt…
IATA Says Global Travel Restart Still Stalled In the Absence of Harmonized Measures-IATA
The International Air Transport Association (IATA) expresses frustration at the lack of coordination among governments worldwide for a data-driven risk-managed approach to re-establishing the freedom to travel while welcoming relaxation…
CSE envisages transforming to a multi-product securities exchange before 2025
The 35-year-old Colombo Stock Exchange (CSE) set eyes to take a quantum leap – towards a much more comprehensive and multi-product securities exchange before 2025 in catching up with lost…
United States Airlifts Emergency Supplies to Help Sri Lanka Combat Covid-19 Surge
The United States continues to stand with the people of Sri Lanka in the battle against the COVID-19 surge. Yesterday, U.S. Embassy Charge d’Affaires Martin Kelly and Secretary to the…
CCC Partners with Australia’s Market Development Facility to promote inclusive and sustainable private sector-led growth
The Ceylon Chamber of Commerce (CCC) recently entered into an MOU with Market Development Facility (MDF), Australia’s flagship private sector development program, to support the private sector in innovating to…