In an effort to reduce the carbon footprint of businesses, the private sector has proposed an Extended Producer Responsibility (EPR) initiative to be adopted as a more cohesive alternative to address the environmental issues created by flexible packaging in Sri Lanka.
Softlogic Holdings subsidiary Odel PLC has entered entered into an agreement with the Urban Development Authority (UDA) to lease, operate and mange Arcade Independence Square for a period of 10 years commencing from April 1, 2021, with an option to renew for a further 10-year period subject to terms and conditions of the lease agreement.
Present animosity against China or India must be stopped, said senior economist Dr. W. A. Wijewardena, if Sri Lanka is looking to become a developed country in the next generation, an ambition which requires a series of fixes in the economy.
Sri Lanka has been successful in implementing only seven policy measures that were gender sensitive during the COVID-19 crisis, much lower that the implementation of its regional peers such as Pakistan, India, anSri Lanka has been successful in implementing only seven policy measures that were gender sensitive during the COVID-19 crisis, much lower than the implementation of id Bangladesh that rolled out 14, 18, and 17 policies during the crisis.
The Central Bank of Sri Lanka (CBSL) and the People’s Bank of China (PBoC) have entered into a bilateral currency swap agreement with a view to promoting bilateral trade and direct investment for economic development of the two countries, and to be used for other purposes agreed upon by both parties, a Central Bank statement said.
The Sri Lanka Association of Printers (SLAP) is calling all printers in the country to observe a ‘Black Day’ today to protest against the unprecedented increase in the price of paper and other raw materials, which has resulted in the overall cost of production to expand significantly.
In an effort to extend further relief measures to depositors of finance companies, the Monetary Board of the Central Bank has decided to increase the maximum compensation payment under Sri Lanka Deposit Insurance and Liquidity Support Scheme (SLDILSS) from Rs. 600,000 to Rs. 1,100,000.
In a fresh Banking Act Direction, the Central Bank has informed all licensed banks and National Savings Bank (NSB) to refrain from purchasing Sri Lanka international sovereign bonds (ISBs) with effect from March 23, 2021 until April 9, 2021
In an effort to increase avenues to increase tourism traffic to the country, the Sri Lanka Convention Bureau (SLCB) together with industry stakeholders have initiated the launch of the ‘Meet in Sri Lanka’ series to cater to the high potential MICE market.
The COVID-19 pandemic struck world will see the light at the end of the tunnel this year, as the global economy is poised for a “solid rebound” in 2021, the United Nations Conference on Trade and Development (UNCTAD) said today.
Russian billionaire Andrey Melnichenko who is in town, as exclusively reported by Mirror Business, visited the Colombo Port City today. He was accompanied by Sri Lankan-born British Politician and former EU Parliamentarian Niranjan Deva Aditya
More countries issue travel advisories
Sri Lanka Tourism invites global travellers for upcoming season
Russian embassy urges citizens to stay vigilant in Arugam Bay
US Embassy issues travel warning for Arugam Bay
India-Sri Lanka ferry service operates smoothly