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 …
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', …
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 …
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, …
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 …
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 …
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 …
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. …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
Delmege Lifestyle Cluster awarded interior fit-out project for LankaPay’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 …
15 Govt Ministries join to take stock of SL’s progress on NDC’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 …
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 …
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 …