Author: lbostgadmin
Aitken Spence Logistics Expands its Reefer & GP Container Fleet
Aitken Spence Logistics, the pioneer in integrated logistics, strengthened its mobile storage solutions operations by acquiring the reefer and GP (General Purpose) container fleet of a competitor business. Aitken Spence Logistics introduced the concept of mobile cold storage solutions using reefer containers on rent, with 24-hour backup maintenance which has been widely accepted by the […]
BOI enterprises export revenues, record 2019 values: Double digit growth recorded in seven sectors
Accounting for 65% of all national exports and 85% of all national industrial exports, the Board of Investment today announced that total export earnings recorded as at date for the year, from enterprises under its purview, have surpassed export revenues with the corresponding year-to-date value achieved in 2019. The year 2019 is regarded as the […]
INSEE Cement’s 360-degree approach eases cement shortage in Sri Lanka
Uninterrupted supply through comprehensive production, imports and logistics optimization reaps positive results Operating at maximum production capacity with optimized distribution channels for a number of weeks, INSEE Cement has successfully helped to mitigate the cement shortage that was prevailing in the local market. INSEE Cement’s concentrated and immediate contingency measures across its entire operation at […]
TISL concerned by delays in RTI Commission appointments
The Right to Information (RTI) Commission, which is the central appellate and monitoring body established under the Right to Information Act of Sri Lanka, is one of the most important independent public institutions in the country today. The Commission is empowered to play a critical role under the RTI law, including hearing matters on appeal, making recommendations for reform, issuing guidelines on record management and […]
Minister of External Affairs of India calls on Foreign Minister Prof. GL Peiris
Foreign Minister Prof. G. L Peiris and Minister of External Affairs of India Dr.S. Jaishankar discussed bilateral relations between Sri Lanka and India on the sidelines of the 5th Indian Ocean Conference in Abu Dhabi. Cooperation in the economic sector, cultural as well as people to people initiatives, and joint initiatives in regional organisations formed […]
UN expert calls for ‘inclusive society’ to end scourge of slavery in Sri Lanka
Sri Lanka has a robust legal framework to tackle contemporary forms of slavery and been making progress in other areas, such as increasing minimum age of employment from 14 to 16 and the establishment of a child-labour free zone. However, Sri Lanka must become more inclusive and embrace all sectors of society if it is […]
Sri Lanka detects first Omicron variant case
Sri Lanka’s Health Promotion Bureau has confirmed that the first case of the Omicron variant of the coronavirus was detected in Sri Lanka. Accordingly, a Sri Lankan who returned from Nigeria on the 23 of November has been tested positive for COVID-19 new variant Omicron.
VIDEO: Why are so many people quitting?
20 Million Americans have quit their jobs since April. Attrition in India’s tech sector is up 23%. We are in the middle of the Great Resignation. Should you resign too? What can employers do to retain talent?
PUCSL is ready to regulate LP Gas; standard already formulated
The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator and the designated regulator for the petroleum industry, together with Sri Lanka Standards Institute (SLSI) has already formulated a standard for the much-talked LP gas in September this year and is ready to regulate LP Gas and other related industries, Janaka Ratnayake, Chairman […]
hSenid BIZ IPO Opens tomorrow, First-Ever for Sri Lanka’s IT/BPM Sector
The IPO for Sri Lankan multinational software solutions provider, hSenid, will open tomorrow. Managed jointly by NDB Investment Bank and CT CLSA Capital, hSenid marks Sri Lanka’s first-ever IT/BPM public equity issuance, allowing the public to invest in a whole new sector of the economy, and potentially Sri Lanka’s most promising sector for future growth. […]
U.S. donates nearly 200,000 additional Pfizer-BioNTech vaccines to Sri Lanka
Nearly 200,000 additional Pfizer-BioNTech vaccine doses arrived in Sri Lanka today as a donation from the American people. This gift demonstrates the ongoing commitment of the United States to support Sri Lanka in the fight against COVID-19. As the pandemic continues and new variants emerge, the United States continues to partner with the Sri Lankan Ministry […]
Japanese Marubeni Corporation Explores Possibilities of Investing USD 375mn in Wind Power Project
Marubeni Corporation’s Executive Management Team for Asia visited Sri Lanka to negotiate an investment opportunity for the 200MW Mannar Wind Power Project. During this visit, the team met with President Gotabaya Rajapaksa and the Minister of Finance. The Marubeni Corporation with revenues of US$ 67 billion and a history spanning 160 years specializes in Renewable […]