On the 75th, Independence, time to re-plug to the world economy
Lanka Business Online
by LBO
7h ago
Advocata Institute As Sri Lanka is inaugurating its political independence of 75 years on February 4th, the burning issue the public is struggling to grapple with, in the recent past, is the worst economic slump. Many factors have contributed to the current economic crisis but protectionism and trade barriers are main elements that have further ..read more
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Hatch enters partnership with Draper Startup House to strengthen SL’s position as Startup Nation
Lanka Business Online
by LBO
7h ago
Startup ecosystem builder Hatch entered a strategic partnership with Draper Startup House, a global network of spaces connected to resources for entrepreneurs. Hatch shares a vision with Draper Startup House for Sri Lanka and has come onboard to support Hatch’s “Sri Lanka: From Troubled Nation to Startup Nation” initiative which seeks to change the narrative ..read more
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Ceylon Chamber Facilitates SME Entry to International Markets
Lanka Business Online
by LBO
7h ago
Supporting the capacity development and growth of the Small and Medium Enterprises sector, the Ceylon Chamber of Commerce recently held a series of workshops to facilitate SMEs’ entry into international markets. The Enterprise Transformation and Market Access (ET&MA) programme, developed and conducted by the Ceylon Chamber’s Centre for SMEs together with VSSL Global, offers mentorship ..read more
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Hambantota International Port handles 3 cruise ships in January
Lanka Business Online
by LBO
7h ago
Cruise ships Artania, Coral Geographer, and The World visited Hambantota International Port (HIP) in January 2023.   More than 1000 passengers disembarked to visit popular tourist destinations in the South.  Amongst the sights were the Mulkirigala Temple, Ruhuṇu Kataragama Devalaya, Udawalawe National Park, Yala National Park, and the bird park in Hambantota. They also visited ..read more
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Ceylon Chamber of Commerce launches outlook 2023 report
Lanka Business Online
by LBO
7h ago
The Ceylon Chamber of Commerce (CCC) recently launched the 8th edition of its flagship annual Outlook Report for 2023 at the Economic Outlook 2023 seminar. The Report was launched in the presence of Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka who delivered the keynote address. Compiled by the Economic Intelligence Unit ..read more
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E-commerce: An islandwide phenomenon and youth-oriented futuristic industry of SL – Report
Lanka Business Online
by LBO
7h ago
Daraz Sri Lanka and Sri Lanka Association for Software Services Companies (SLASSCOM) released the first in-depth study on the adoption and use of e-commerce in Sri Lanka during difficult economic times at a roundtable discussion held in Colombo on Monday 30th January 2023. The report titled “E-commerce: A Driver of Inclusive Growth in Sri Lanka ..read more
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Merchandize exports reached USD 13Bn in 2022
Lanka Business Online
by LBO
2d ago
Merchandise exports have increased by 4.6% to US$ 13,070.6 Million in 2022 compared to the corresponding period of 2021, Sri Lanka Customs data showed. Earnings from the merchandise exports, however, decreased by 9.7% y-o-y to US$ 1,044 Mn in December 2022, as per the data released by Sri Lanka Customs. This was mainly due to ..read more
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DFCC partners with CDB to promote convenient access to inward remittances
Lanka Business Online
by LBO
2d ago
DFCC Bank PLC, one of Sri Lanka’s most trusted banks and a leader in inward remittances, has partnered with Citizens Development Business Finance PLC (CDB) one of the top four largest non-banking financial institutions (NBFIs) in Sri Lanka, to promote convenient access to inward remittances. CDB is the 10th financial institution to become a partner ..read more
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CA Sri Lanka to create history in the Middle East with inaugural conference for Accountants
Lanka Business Online
by LBO
5d ago
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) which stakes claim for organising the biggest annual business summit in Sri Lanka, is set to create history in the Middle East as it plans to host its very first conference in the region targeting Accounting Professionals including Chartered Accountants.   The power packed ..read more
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Aitken Spence Travels welcomes first charter flight from Uzbekistan for year 2023
Lanka Business Online
by LBO
5d ago
Aitken Spence Travels the premiere destination management company in Sri Lanka, welcomed the first charter flight for the year from Uzbekistan on Friday 27th January 2023 to the Mattala Rajapaksa International Airport (MRIA) with more than 200 holiday makers.  Uzbekistan Airways will operate weekly flights commencing from the 27th of January and will continue till end of ..read more
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