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Colombo Dockyard signs agreement to set up fully-fledged workshop at Hambantota International Port

Colombo Dockyard signs agreement to set up fully-fledged workshop at Hambantota International Port

Colombo Dockyard (CDPLC) inked an agreement with Hambantota International Port Group (Private) Ltd (HIPG), to setup a fully-fledged workshop at the HIPG …

July 18, 2024 | Shipping and Transport | Read More
Sri Lanka High Commission in London unveils first ever replica of Colombo Port City abroad

Sri Lanka High Commission in London unveils first ever replica of Colombo Port City abroad

The High Commission of Sri Lanka in London in collaboration with the Colombo Port City Economic Commission (CPEC) and the CHEC Port City Colombo (Pvt) Ltd …

July 17, 2024 | Featured, Real Estate & Construction | Read More
JAAF welcomes electricity tariffs reduction :Calls for continued energy policy reforms

JAAF welcomes electricity tariffs reduction :Calls for continued energy policy reforms

The Joint Apparel Association Forum (JAAF) welcomed the recent decision by the Public Utilities Commission of Sri Lanka (PUCSL) to implement a 25.3 percent …

July 17, 2024 | Apparel, Companies, Featured, Industry | Read More
Opinion: Sri Lanka’s Path to Prosperity – Harnessing Foreign Investment Amid Climate & Political Challenges

Opinion: Sri Lanka’s Path to Prosperity – Harnessing Foreign Investment Amid Climate & Political Challenges

By Jithendra Antonio Sri Lanka, an island nation rich in history and culture, is grappling with severe economic vulnerabilities. With limited land and finite …

July 17, 2024 | Watch Tower | 1 Comment | Read More
PMI indicate expansions in both manufacturing and services activities in June 2024

PMI indicate expansions in both manufacturing and services activities in June 2024

Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 56.6 in June 2024, indicating an expansion in …

July 16, 2024 | Companies, Featured, General Services, Industry | Read More
Fitch Affirms SriLankan Airlines’ Government Guaranteed Bonds at ‘C’; Withdraws Rating

Fitch Affirms SriLankan Airlines’ Government Guaranteed Bonds at ‘C’; Withdraws Rating

Fitch Ratings has affirmed the rating on SriLankan Airlines Limited's (SLA) USD175 million government-guaranteed 7% unsecured bonds due 25 June 2024 at 'C', …

July 16, 2024 | Aviation | Read More
VIDEO: FBI releases identity of suspected gunman in assassination attempt of former president Donald Trump

VIDEO: FBI releases identity of suspected gunman in assassination attempt of former president Donald Trump

Former President Donald Trump was the target of an assassination attempt Saturday at a Pennsylvania rally, days before he was to accept the Republican …

July 14, 2024 | Other News | Read More
Seylan LKR 10Bn Debenture Issue oversubscribed on opening day

Seylan LKR 10Bn Debenture Issue oversubscribed on opening day

Seylan Bank, announced that its recent LKR 10Bn Debenture issue was oversubscribed on its opening day, with applications for over 100 million debentures, …

July 14, 2024 | Banking and Finance | Read More
We are still reviewing Sri Lanka’s debt restructuring deal with bondholders, says IMF

We are still reviewing Sri Lanka’s debt restructuring deal with bondholders, says IMF

The International Monetary Fund (IMF) is currently evaluating Sri Lanka's recent debt restructuring deal with bondholders, according to Julie Kozack, Director …

July 12, 2024 | Economy | Read More
Director General of UNESCO Audrey Azoulay to visit Sri Lanka

Director General of UNESCO Audrey Azoulay to visit Sri Lanka

The Director-General of the United Nations Educational, Scientific and Cultural Organization (UNESCO) Audrey Azoulay will visit Sri Lanka from 16 – 19 July …

July 12, 2024 | World | Read More
COPF uncovers major failings in online visa procurement; calls for forensic audit & possible abrogation or amendment

COPF uncovers major failings in online visa procurement; calls for forensic audit & possible abrogation or amendment

The Committee on Public Finance (COPF), chaired by Dr. Harsha de Silva, has released a critical report revealing major discrepancies in the procurement process …

July 12, 2024 | Politics | Read More
Growth and Scale Summit 2024: Learn from global experts online for free

Growth and Scale Summit 2024: Learn from global experts online for free

The Global Growth and Scale Summit 2024 is poised to be a transformative event for business owners, entrepreneurs, and working professionals worldwide.  …

July 12, 2024 | World | 1 Comment | Read More
Asiri Hospitals and NITF sign Agreement to provide healthcare benefits for all Agrahara members

Asiri Hospitals and NITF sign Agreement to provide healthcare benefits for all Agrahara members

Asiri Group of Hospitals, trusted for high standards in patient-centered care has signed a landmark agreement with the National Insurance Trust Fund (NITF), to …

July 12, 2024 | Special Reports | Read More
Gear Up: SpeedBay endurance championship – 6hrs hits track this Saturday

Gear Up: SpeedBay endurance championship – 6hrs hits track this Saturday

The SpeedBay Endurance Karting Championship 2024 comes to life following a 5-year hiatus with it much anticipation and excitement amongst the competitors and …

July 11, 2024 | Featured, In Pictures, Other | Read More
Ceylon Chamber hosts ADB consultation mission to strengthen agri-food value chains in Sri Lanka

Ceylon Chamber hosts ADB consultation mission to strengthen agri-food value chains in Sri Lanka

As part of efforts to address the urgent need for reforms in Sri Lanka’s agriculture sector, the Ceylon Chamber hosted a consultation mission from the Asian …

July 11, 2024 | Agriculture, Companies, Featured, Industry | Read More
Minister Sabry highlights SL’s progress on economic stabilization during visit to Singapore

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 …

July 11, 2024 | Featured, Trade | Read More
Star Garments Group expands to Togo to build its first overseas manufacturing facility

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 …

July 11, 2024 | Apparel | Read More
John Keells Logistics Launches Innovative Fleet Management Operation for DHL Express Sri Lanka

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 …

July 11, 2024 | Logistics | Read More
Hambantota International Port records High Growth in LPG operations in second quarter 2024

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 …

July 11, 2024 | Shipping and Transport | Read More
Downtown Duty-Free Mall at Port City Colombo geared up for opening as operators get BSI status

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 …

July 11, 2024 | Real Estate & Construction | Read More
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