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Sri Lanka – Bangladesh agree to promote maritime cooperation
The newly appointed High Commissioner of the People’s Republic of Bangladesh to Sri Lanka Tareq Md. Ariful Islam representing presented his credentials to President Gotabaya Rajapaksa at the President’s House Monday. During the ensuing discussion, explaining the current economic situation in Sri Lanka and the steps taken by the Government to contain the COVID – […]
EU, UNDP call on youth leaders to join ‘United Creatives’ for digital peacebuilding
The United Nations Development Programme (UNDP) and the EU are calling on youth leaders, influencers, and creators to promote peace through digital action by joining a new regional programme in Sri Lanka and the Maldives. ‘United Creatives’ is implemented by the social change agency Love Frankie and will support youth from across the two countries […]
Uber marks 5 yrs in SL, serves 1.8Mn riders and 110,000 drivers
Jan 12, 2021 (LBO) – Uber today marks its fifth year anniversary in Sri Lanka, during which it has served 1.8 million riders, completed more than 53 million trips and created livelihood opportunities for 110,000 drivers. Since its launch in 2015, Uber Sri Lanka has successfully transformed the mobility landscape of the country offering citizens […]
IFC’s $25Mn investment in NTB to help businesses continue operations amid COVID-19
In an effort to provide improved access to critical working capital for Sri Lankan businesses impacted by the COVID-19 pandemic and to help preserve jobs, IFC, a member of the World Bank Group, is providing a $25 million loan to Nations Trust Bank (NTB). The financing package, which will be used by NTB to help […]
FIU imposes penalties to finance companies for violation of customer due diligence rules
Jan 11, 2021 (LBO) – Financial Intelligence Unit (FIU) as the regulator for Anti-Money Laundering and Countering the Financing of Terrorism in the country, has imposed penalties amounting to Rs. 2.3 million in total for the period from 01.06.2020 to 31.12.2020 to enforce compliance on financial institutions. The Monetary Board of the Central Bank has […]
Thailand to focus on investment opportunities in plantation and agri in SL
Ambassador of Thailand in Sri Lanka Chulamanee Chartsuwan paid a Farewell Call on Foreign Minister Dinesh Gunawardena on 08 January 2021. During the meeting, the Foreign Minister noted that Thailand has potential to invest in Sri Lanka especially in the plantation and agricultural sector. Both sides endorsed the importance of finalizing the Free Trade Agreement to spearhead the bilateral economic and trade relations. In regard to trade relations, the Minister […]
“We changed political culture of forgetting village after winning power” President
No political witch hunt; only strict adherence to law: will not entertain lumpen politics – President says in Lathugala · Policy decision to allow cultivation without hindrance · Officials must visit villages · Every village to see sustainable development President Gotabaya Rajapaksa said the political culture of forgetting the village after winning power has been […]
Sri Lanka’s boat manufacturing capabilities highlighted in Jordan
The Embassy of Sri Lanka in Jordan with the active facilitation of the Sri Lanka Export Development Board held a virtual Meeting on 6 January 2021, to showcase Sri Lanka’s highly specialized boat manufacturing capabilities to a Jordanian Boat importing company in Aqaba port city which currently sources and imports boats for the Jordan, Iraq […]
Foreign Minister assures the early resumption of medical tourism for Seychellois
The outgoing High Commissioner of Seychelles in Colombo Conrad Vincent Mederic called on Foreign Minister Dinesh Gunawardena at the Foreign Ministry today, 08 January 2021. The Foreign Minister complemented the High Commissioner Mederic for his outstanding and significant contributions towards enhancing Sri Lanka – Seychelles relations during his tenure including the Presidential visits in 2017 and 2018 as the first High Commissioner of Seychelles to Sri Lanka. While acknowledging the staunch […]
SIR PONNAMBALAM ARUNACHALAM (1853-1924)
On the 97th Death Anniversary which falls on 9th January 2021 Compiled by Sega Nagendra and Suresh Murugaser, great grandchildren of Sir P.Arunachalam FAMILY Ponnambalam Arunachalam was the youngest Son of Gate Mudaliyar A.Ponnambalam. He was born on 14th September 1853 to a highly respected and a well-educated professional family originally from Manipay, Jaffna. Gate […]
Union Assurance hosts virtual gala for annual awards
Union Assurance takes digital disruption to the next level as it felicitated top achievers of the Agency and Bancassurance sales force at a glittering Virtual Gala on 18th December 2020. The event was viewed by over 5000 participants and attended by a distinguished leadership including the John Keells Chairman, Krishan Balendra and President, John Keells Group, […]
Korean based Heung A Line expands services to Sri Lanka
Heung A Line head quartered in South Korea launched its maiden service (SIS/CI6) in Sri Lanka with its first vessel call at the CICT of the Port of Colombo with mv. BALTIC SOUTH v. 2001W on the 22nd of December 2020. The service is jointly operated by Heung A Line in partnership with Sinokor Line, […]