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December 15, 2021
Martin Raiser, the World Bank's country director for China, has highlighted the need for countries to work harder on providing debt relief to countries faced with unsustainable debts given the unprecedented economic pressures heightened by the COVID-19 pandemic.
December 14, 2021
The COVID-19 pandemic has sparked a drastic change in the way the world is working together, with globalization accelerating and global cooperation emerging as a trend that could transform the world after COVID
December 13, 2021
Business News / Advertorial The Port of Colombo is the best-connected port in South Asia, according to the annual report of the Maritime Transport Review released by the United Nations Conference on Trade and Development (UNCTAD) for the year 2021. According to the Liner Shipping Connectivity Index (LSCI) at port level, eight of the top […]
December 13, 2021
Sri Lanka’s first fully carbon neutral Bank, the Commercial Bank of Ceylon has emerged as one of the top banks – and the only Sri Lankan bank – to win two Climate Assessment for Financial Institutions (CAFI) awards from the International Finance Corporation (IFC). These ground-breaking climate impact awards were conferred on Commercial Bank in […]
December 13, 2021
Addressing the challenges of hoteliers, SLT-MOBITEL, the National Information and Communications Technology (ICT) Solutions Provider has launched its new ‘SLT Check-In’ solution partnering with the world class cloud-based property management system, Hoteliga to provide to the local hospitality market a comprehensive and unique technological offering. SLT-MOBITEL and Secvision (Pvt) Ltd, the authorized local partner for […]
December 13, 2021
By Sanath Nanayakkare Sanjaya Mohottala, Chairman of the Board of Investment of Sri Lanka (BOI) has reiterated his desire to step down from his post, at a meeting held with President Gotabaya Rajapaksa last week, according to press release issued by the BOI. The Chairman further said that he was grateful to the President for […]
December 13, 2021
Coconut Kernel Product Sector Nestlé Lanka was awarded the Best Exporter in the Coconut Kernel Sector for the financial years 2019/2020 and 2020/2021, at the 24th Presidential Export Awards held recently. Organised by the Sri Lanka Export Development Board (EDB), these prestigious awards are presented in recognition of companies’ outstanding contribution to the country’s export […]
December 13, 2021
After a trend towards regionalisation last year, global cooperation increased in 2021 Vaccine cooperation and financial assistance helped meet pandemic challenges Major economies announced the launch or extension of global infrastructure plans COP26 and the global tax rate were examples of successful global diplomacy Following on from a year in which supply chains and international travel […]
December 13, 2021
Saegis Campus, considered as one of the leading higher education institutions situated at the heart of Colombo, now offers various Ministry of Education approved undergraduate degrees under the Interest Free Student Loan (IFSL) scheme introduced by the Sri Lankan Government. This initiative comes in view of uplifting the country’s transformation as a key knowledge hub […]
December 13, 2021
Arava Private Limited, a leading exporter of coconut-based products received the “Emerging Exporter 2020-2021” Award at the Presidential Export Awards organized by the Export Development Board Sri Lanka (EDB). The flagship event of EDB, which has helped many of Sri Lankan exporters to reach global market in terms of productivity and value creation, was recently […]