Critical minerals boom: Global energy shift brings opportunities and risks for developing countries
As the climate emergency intensifies, demand is surging for minerals that are critical for renewable energy technologies like solar panels, wind turbines and electric vehicles (EVs). UN Trade and Development…
Colombo International Tea Convention to drive global dialogue on Tea as a Lifestyle and a Livelihood
The Colombo International Tea Convention will be held from the 24th to the 26th July 2024, bringing together the biggest leaders and disruptors of the tea industry to inspire insightful…
Fostering Collaboration and Unity: Sri Lanka Pakistan Business Council’s Diplomatic Outreach
The Sri Lanka Pakistan Business Council of The Ceylon Chamber of Commerce recently paid acourtesy call on the newly appointed High Commissioner of Pakistan in Sri Lanka, Major General (R)…
Debt-for-nature swaps could give $100 billion boost to climate fight, says report
(Reuters) – Debt-for-nature swaps, where poorer countries have debt written off in return for protecting ecosystems such as barrier reefs or rainforests, could provide $100 billion for the fight against…
New Partnership to Foster Climate Resilience in Sri Lanka as IFC Emphasize Support for the Nation’s Development Agenda
o bolster growth and combat climate change, the International Finance Corporation (IFC) and Citizens Development Business Finance PLC (CDB)—a leading non-banking financial institution in Sri Lanka—are partnering to enhance CDB’s…
Sri Lanka fulfilled nearly $2bn foreign debt servicing commitments after declaring foreign debt default
The government has settled over $ 1.9 billion in foreign debt and interest payments between President Ranil Wickremesinghe’s assumption of office and February 2024, according to Rajith Keerthi Tennakoon, President’s…
Sri Lankan Prime Ministers Beijing Visit an Invitation for Chinese Strategic Expansion
By Asanga Abeyagoonasekera Six months before the presidential elections, Sri Lankan Prime Minister Dinesh Gunawardena visited China to meet Chinese Premier Li Qiang. During the meeting, Li Qiang said, “China…
Regulations on the Colombo Port City’s duty-free shopping complex submitted for cabinet approval amid legal concerns
The Committee on Public Finance (COPF) informed the Secretary to the Ministry of the Investment Promotion to intervene with immediate effect to arrive at a decision regarding a duty-free shopping…
U.S. Embassy in Sri Lanka to Host Youth Forum Leadership Summit 2024: Empowering Young Leaders Across South Asia
The Youth Forum Leadership Summit 2024 organized by the U.S. Embassy in Sri Lanka will be held March 4 to 7 in Colombo. The eagerly anticipated Youth Forum Leadership Summit is…
Russia is re-emerging in South Asia
By Aleksei Zakharov Forced by the unprecedented isolation from the West, Russia has embarked on a course of outreach to the global South. South Asia is a region where Moscow…