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    IFC Partners with Ceylon Biscuits Limited to Support Women Retailer Development, Promote Inclusive Business Growth in Sri Lanka

    IFC Partners with Ceylon Biscuits Limited to Support Women Retailer Development, Promote Inclusive Business Growth in Sri Lanka

    IFC, a member of the World Bank Group, has joined hands with Ceylon Biscuits Limited (CBL) Group to provide training and business development opportunities to strengthen and increase female participation in retail supply chains in Sri Lanka. The project will also focus on promoting digital payment methods among…

    Gazette issued banning re-export of spices & allied products

    Gazette issued banning re-export of spices & allied products

    A Gazette notification has been issued prohibiting the re-export of key spices and allies products from Sri Lanka, with immediate effect.The Ministry of Finance, issuing a release recently (05), said no approval will be granted under the Finance Act-Commercial Hub Regulations of Sri Lanka to engage in entrepot and…

    Investor Dr. Mark Mobius in Colombo next week

    Investor Dr. Mark Mobius in Colombo next week

    Colombo’s upcoming major mixed development, Cinnamon Life announced the visit of the legendary emerging markets investment pioneer, Dr. Mark Mobius for an exclusive breakfast forum hosted by the premier lifestyle brand. The latest in a series of high-profile engagements by Cinnamon Life, the interactive forum is set to…

    Omega Line to build new $24 mn lingerie factory

    Omega Line to build new $24 mn lingerie factory

    The Board of Investment of Sri Lanka signed an agreement with Omega Line Limited to reconstruct the factory…

    Sri Lanka’s Hambantota port in deal with NYK to tranship vehicles

    Sri Lanka’s Hambantota port in deal with NYK to tranship vehicles

    Hambantota International Port Group (HIPG) said it recently entered into an agreement with Japanese shipping conglomerate Nippon Yusen…

    SL should prepare implementable electricity generation plans: Nishan de Mel

    SL should prepare implementable electricity generation plans: Nishan de Mel

    Sri Lanka should prepare implementable and consistent electricity generation plans incorporating PESTAL factors, global trends and policy changes,…

    Slowdown of Indian economy to affect Colombo port earnings: CBSL Chief

    Slowdown of Indian economy to affect Colombo port earnings: CBSL Chief

    Earnings of Sri Lanka’s main commercial port in Colombo is to be affected by the slowdown of the…

    Altair infuses USD 25 mn via syndicated loan

    Altair infuses USD 25 mn via syndicated loan

    A consortium of leading local banks, comprising of the Bank of Ceylon, NDB Bank and National Savings Bank…

    Shangri La’s ‘One Galle Face’ mall to open November 8th

    Shangri La’s ‘One Galle Face’ mall to open November 8th

    In an opening that will transform the retail sector in Sri Lanka, Shangri La has announced it will…

    Sri Lankan tourist traffic recovers after Easter attacks

    Sri Lankan tourist traffic recovers after Easter attacks

    Immediately after the Easter bombings of churches and hotels, inbound traffic was down to 25-30 percent of previous levels,…

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