In a move to support the expansion of trade and business relations between Sri Lanka and Qatar, Qatari-based Doha Bank set up a representative office in Colombo on Thursday. The unit in Colombo will operate as a Trade Facilitation Bank providing market information services and financial support for entrepreneurs and investors. It is the first Middle Eastern bank to set up an office in Sri Lanka.
Sri Lanka Anti-Doping Agency for the first time in the history of the country to be hosting the ‘15th Asia / Oceania Inter-governmental Ministerial Meeting on Anti-Doping in Sport’ themed ‘Athlete Rights’ from 18th-19th June at Hotel Kingsbury, Colombo.
Sri Lanka participated in the World Environment Day 2018, organized by the United Nations Environment Programme (UNEP) in association with the global co-host for this year, the Permanent Mission of India to the United Nations on 5th June 2018.
The external sector displayed a mixed performance in March 2018. Even though expenditure on imports continued to increase, exports which peaked to historic high levels in March 2018, contributed to a lower trade deficit vis-a-vis the previous two months of the year.
A ceremony to mark the World Environment Day, which falls on June 5, will be held at Kegalle under the patronage of President Maithripala Sirisena today ( June 4th). The theme of the World Environment Day this year is “Combat environmental pollution caused by plastic misuse”.
On World Environment Day, the message is simple: reject single-use plastic. Refuse what you can’t re-use. Together, we can chart a path to a cleaner, greener world." — Secretary-General, António Guterres Humans are both creatures and moulders of their environment, which gives them physical sustenance and affords them the opportunity for intellectual, moral, social and spiritual growth. In the long and tortuous evolution of the human race on this planet a stage has been reached when, through the rapid acceleration of science and technology, humans have acquired the power to transform their environment in countless ways and on an unprecedented scale.
Twenty-six nations including Sri Lanka, will participate at the biennial Rim of the Pacific (RIMPAC), the world's largest international maritime exercise, scheduled between June 27 to Aug. 2, in and around the Hawaiian Islands and Southern California. This is the first time Sri Lanka is participating in RIMPAC.
Sri Lanka is looking at introducing an electronic court filing system, Chief Justice Priyasath Dep said.The Chief Justice had said this while attending the 13th Conference of the Presidents of Supreme Courts of Shanghai Cooperation Organization (SCO) Member States in Beijing.
The Executive Board of the International Monetary Fund (IMF) has completed the fourth review under the Extended Fund Facility with Sri Lanka, approving the disbursement of US$ 252 million. Issuing a statement, the IMF said that Sri Lanka continues to make important progress under the program and that major achievements include the launch of the new Inland Revenue Act as well as important steps in energy-pricing reforms and towards flexible inflation targeting.
Sri Lanka’s merchandise export earnings at US dollars 1,108 million (US $ 1.1 billion) recorded the historically highest monthly value, recent External Sector performance report released by the Central Bank of Sri Lanka (CBSL) said. However, the year-on-year growth of export earnings in March 2018 moderated as the highest monthly export value for 2017 was recorded in March. Earnings from industrial exports had mainly contributed towards the growth in export earnings.