Author: lbostgadmin
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 and agreement with the Consortium comprising GBS Technology Services, IVS Global-FZCO, and VF Worldwide Holdings Ltd. The Committee’s findings highlight significant concerns and recommend urgent corrective actions. Key Findings: Uncompetitive Procurement […]
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. Hosted by Shihan Sheriff, a 3X Amazon Best Selling and international award-winning author, this free global online summit will feature 45 global experts, each offering unique insights and expertise. The event is supported […]
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 provide comprehensive concessions to all government employees through the Agrahara Medical Insurance scheme. The Memorandum of Understanding (MoU) was signed by Dr. Manjula Karunaratne, Director/Group CEO of Asiri Hospitals, and Gamani […]
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 racing enthusiasts. Endurance Karting aims to test the stamina, strategy, and teamwork of drivers. Teams of drivers take turns navigating go-karts around the FIA-CIK certified SpeedBay Karting Track in Bandaragama, striving to […]
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 Development Bank (ADB). The mission aims to prepare an investment project to bolster Sri Lanka’s agribusiness sector through targeted investments, technical support, and policy reforms. The Ceylon Chamber brought […]
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 […]