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‘s Most On-Time Airline
FitsAir, Sri Lanka’s first and only privately-owned low-cost airline and subsidiary of Aberdeen Holdings was adjudged as Asia’s most punctual airline in July 2023. Outflying its peers, FitsAir proudly earned the prestigious accolade for maintaining an impressive 100% on-time performance across its network of international flights. Reaffirming its unwavering dedication to consistently deliver on-time flights […]
ComBank launches Sri Lanka’s first Green Home Loans scheme
The Commercial Bank of Ceylon has announced another initiative under its Green lending portfolio to support customers who share the Bank’s commitment towards the environment. Green Home Loans of up to Rs 50 million are now available for the purchase of homes that have been granted Green Building Certificates by the Green Building Council of […]
Two new boats added to HIP’s Marine Services fleet
The Hambantota International Port (HIP), in a bid to expand its marine services, has deployed 2 additional boats to their existing fleet that’s available for hire by local service providers engaged in offering crew changes, bunker and draft surveying, a platform for technical support in Underwater inspections, Underwater and afloat repairs, propeller cleaning, supply of […]
President joins spectators to witness final Randoli Esala Perahara
In a profound display of reverence for Sri Lanka’s rich cultural heritage, President Ranil Wickremesinghe graced the concluding Randoli Perahara of the esteemed Esala Perahara festival, held at the iconic Sri Dalada Maligawa in Kandy. The auspicious occasion witnessed an international touch as well, with the distinguished presence of US Senator Chris Van Hollen, who […]
Imposing 30-pct tax on EPF/ETF makes workers paupers as it applies to their savings: Eran Wickramaratne
The present government’s income tax policy to attract an effective tax rate of 30% would require a salary above Rs. 500,000 per month. Probably 90% of the working population draws less than 500,000 per month. This government is now amending the income tax laws to impose a 30% income tax on EPF/ETF. This tax will […]
Visa Celebrates 35 Years in Sri Lanka; Unveils Visa Government Solutions for market
Today marks a significant milestone for Visa, the global leader in digital payments, celebrating its 35-year anniversary in Sri Lanka. This journey encapsulates the company’s unwavering commitment to the nation and signifies the pivotal role Visa has played in helping the country transition towards a comprehensive digital economy. Celebrating the milestone, Visa announced a pledge […]
Delmege Interior Décor outdoes itself once more
The Edith Cowan University Sri Lanka (with its local partner ACBT), opened its doors to the public unveiling seven floors of modern, elegant and functional interiors, carefully planned and designed to bring out the best in those utilizing these spaces. Delmege Interior was proud to be associated with the internationally renowned and recognized Edith Cowan […]
Sri Lanka’s merchandise exports surpasses USD 1 billion mark in July
Sri Lanka’s merchandise exports increased by 2.18 % to US$ 1,027.2 Million in July 2023 compared to June 2023 as per the provisional data released by the Sri Lanka Customs. However, it is a 11.79 % decrease when compared to the value recorded in July 2022. This declining of merchandise exports is due to the […]
Building Sri Lankan food security and self sufficiency in Jaffna
By Jekhan Aruliah K.Suganthon was only 21 when he setup his first business back in 2003. With the Sri Lanka Civil War simmering in an uneasy ultimately unsuccessful ceasefire (2002-2006), he opened an outlet in Colombo’s Pettah market. From Pettah, famous for its streets densely packed with shops and market stalls, Suganthon started trading edible […]
HIP ‘Sea Fair’ to showcase Hambantota Entrepreneurs
The Hambantota International Port (HIP) has joined hands with the Ministry of Youth Affairs’, Small Enterprises Development Division to bring about progressive change for entrepreneurs in the Hambantota District. “As a forward thinking organisation, committed to the wellbeing of the community, HIPG is dedicated to creating meaningful opportunities for small-scale entrepreneurs in our region. As […]