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Minister Sabry highlights SL’s progress on economic stabilization during visit to Singapore
During Foreign Minister Ali Sabry’s visit to Singapore recently he had a productive discussion with the Foreign Minister of Singapore on enhancing relations between both countries, recognizing shared opportunities and challenges. At the luncheon hosted by Singapore’s Foreign Minister, Sabry emphasized collaboration in areas of mutual interest including seeking assistance for capacity building for public […]
Star Garments Group expands to Togo to build its first overseas manufacturing facility
Star Garments Group (“Star”) announced its plan to build a large-scale apparel export manufacturing factory in Togo to boost the West African country’s textile and apparel capabilities, through a financing package that includes a USD 15 million loan by the International Finance Corporation (IFC), a member of the World Bank Group. The move marks Star’s […]
John Keells Logistics Launches Innovative Fleet Management Operation for DHL Express Sri Lanka
John Keells Logistics (JKLL), a leading provider of 3PL services in Sri Lanka, launched a new fleet management operation in partnership with DHL Express Sri Lanka earlier this year. This strategic collaboration involves dedicated fleet deployment and driver management by JKLL on behalf of DHL Express Sri Lanka while complying with DHL’s global standards. The […]
Hambantota International Port records High Growth in LPG operations in second quarter 2024
The Hambantota International Port’s (HIP) second quarter report on LPG operations records an increase of approximately 100% in volumes handled compared to 2023 numbers. Bunker volumes at the port have also increased considerably by almost 128%. Building on this success, HIP has expanded its services to accommodate diverse oil and gas operations, including LPG vessel […]
Downtown Duty-Free Mall at Port City Colombo geared up for opening as operators get BSI status
Port City Colombo announced that China Duty Free (CDF) and One World Duty Free (ODF) have been granted status as Businesses of Strategic Importance (BSI) by the Cabinet, according to an official Cabinet media statement released on 10th July 2024. This approval paves the way for the commencement of travel retail operations at the upcoming […]
‘s Colombo office
Delmege Lifestyle Cluster, a leader in innovative and sustainable interior design solutions, has been awarded the interior fit-out project for LankaPay’s office premises at No.61 Dharmapala Mawatha, Colombo 7. This project will transform the nine-floor office premises into a functional, sophisticated, and modern complex that reflects its brand identity and futuristic digital landscape. Agreement was […]
‘s with UNDP support
The Government of Sri Lanka revised and submitted its Nationally Determined Contributions (NDCs) in July 2021 to the United Nations Framework Convention on Climate Change, as a required obligation being party to the Paris Agreement, and developed the NDC Implementation Plan (2021-2030) with the support of the United Nations Development Programme (UNDP)’s Climate Promise Phases […]
MAS official clothing partner for Paris Olympics: Launches MAS Athlete Training Academy
At an event held in Colombo, MAS Holdings was announced as the Official Clothing Partner of Team Sri Lanka for the Paris Olympic Games 2024. Here, the official kits were handed over to the Sri Lanka Olympic contingent. The event coincided with the inauguration of the MAS Athlete Training Academy, an initiative by MAS to […]
Cabinet approves special salary increment for Govt employees not engaged in recent trade union action
Non-executive government employees, who reported for duty on July 8 and 9, 2024, will be granted a special salary increment as a token of appreciation for their dedication during a challenging economic period. This increment was approved by the Cabinet following President Ranil Wickremesinghe’s proposal. Accordingly, the Secretary of the Ministry of Public Administration, Home […]
Orient Finance PLC Welcomes Daniel Alphonsus as Independent Non-Executive Director
Orient Finance PLC, a member of the Janashakthi Group, announces the appointment of Daniel Alphonsus as an Independent Non-Executive Director to the Company’s Board of Directors, effective from 5th of July 2024. Daniel spearheads Daraz’s payments, financial services, and digital goods divisions across South Asia. In addition, he serves on multiple economic reform committees for […]