The Sri Lanka Export Development Board (EDB), in partnership with the Sri Lanka High Commission in Male, Maldives, and the Sri Lanka – Maldives Business Council (SLMBC), is set to facilitate the participation of 19 exporters, including 15 SME entrepreneurs, in the upcoming ‘Hotel Asia Exhibition & International Culinary Challenge 2024’. Scheduled from May 13

State Minister of Finance Shehan Semasinghe highlighted Sri Lanka’s proactive measures over the past two years to address its economic challenges, speaking at the Asian Development Bank (ADB) Governor’s Business Sessions in Tbilisi. He emphasized the country’s commitment to necessary reforms, including an extended fund facility with the IMF and support from ADB and the

Deputy Assistant Secretary of the Treasury for Asia, Robert Kaproth, emphasized the critical importance of sustaining Sri Lanka’s ongoing economic reforms to avert potential future crises. This statement came during a bilateral engagement with State Minister of Finance Shehan Semasinghe in Tbilisi, held alongside the ADB 57th Annual Meetings in Georgia. Discussions centered on the

Hemas Hospitals, a prominent healthcare institution in Sri Lanka, is actively exploring opportunities to expand its presence into Kenya. Led by CEO Dr. Lakith Peiris and a delegation including Sri Lanka’s High Commissioner to Kenya, Kana V. Kananathan, Hemas Hospitals engaged in discussions with Kenyan health authorities in Nairobi. The talks, held on Friday, centered

During the 40th Annual General Meeting (AGM) of the Chartered Institute of Logistics and Transport (CILT) Sri Lanka in Colombo, President-elect Chandima Hulangamuwa emphasized the urgent need for Sri Lanka to enhance its logistics sector. He highlighted the country’s current Logistics Performance Index (LPI) ranking at 73 among 139 nations, indicating room for improvement. Hulangamuwa

Donors and the Asian Development Bank (ADB) recently announced a substantial replenishment of USD 5 billion for ADB’s Asian Development Fund (ADF) 14 and Technical Assistance Special Fund (TASF) 8. This commitment, made during ADB’s 57th Annual Meeting in Tbilisi, signifies a crucial boost for ADB’s operations in its poorest and most vulnerable developing member

The Chartered Institute of Personnel Management (CIPM) Sri Lanka is gearing up to host its prestigious National HR Conference 2024 (NHRC 2024) under the theme “Navigating the HR Horizon” on June 5 and 6 at the Monarch Imperial, Sri Jayewardenepura Kotte. CIPM Sri Lanka President Ken Vijayakumar emphasized the significance of the event in addressing

Hayleys Solar, the renewable energy division of Hayleys Fentons, recently finalized a substantial solar power installation project, boasting a capacity of 2.3MW for Texlan Centre Pvt Ltd, a prominent hosiery manufacturer and exporter in Sri Lanka. The grid-tied rooftop solar power system, installed atop Texlan’s manufacturing facility in Minuwangoda, has a capacity of 2,343kWp and

NDB Wealth Management Ltd., a leading private sector Asset Management Company in Sri Lanka, has recently formed a strategic collaboration with nVentures Pte Ltd, a Singapore-based venture capital fund specializing in B2B startups across South and Southeast Asia. This partnership aims to drive the growth of local and global startups through the introduction of the

Farmers in Sri Lanka’s North Central Province received firsthand exposure to the applications of drone technology in modernizing agricultural practices, thanks to an awareness program organized by the Commercial Bank of Ceylon PLC in collaboration with the Mahaweli Authority of Sri Lanka. Over 100 farmers in the Thambuttegama area of the Anuradhapura District, along with