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Sri Lanka’s export earnings grew by 2.5-pct in February
Sri Lanka’s export earnings registered a growth of 2.52% with US$ 993.73 Mn in February, compared to the previous year, maintaining the growth momentum recorded during the last five months as per the provisional statistics released by Sri Lanka Customs. This is the highest export figure recorded for the month of February during the last […]
5 reasons why South Asia is coming together to beat marine plastic pollution
By CECILE FRUMAN , JOHN ROOME & PAWAN PATIL Collaboration, cooperation, consensus – these words are seldom used when describing the interactions of the eight sovereign nations that make up South Asia. For a variety of reasons, South Asia is considered the least integrated region in the world with restrictions on the movement of people, goods, services and capital. Yet, Afghanistan, Bangladesh, […]
CEAT ups radial production by 72,000, exceeding half a million tyres per year
CEAT Kelani Holdings has announced that it has increased production of Passenger Car Radial (PCR/Van) tyres by 72,000 tyres a year, adding 16 per cent to its annual capacity in this category, as part of its expansion plan to support government efforts to conserve foreign exchange through domestic production. This first phase of the planned […]
President instructs and allocates Rs. 23Bn to conserve entire river system before end of year
President Gotabaya Rajapaksa has directed the Ministry of Environment to take steps to clean and conserve all rivers in the country before the end of the year. Rs. 23 billion have been allocated to clean up the entire river system under the ‘Surakimu Ganga’ (Conserve Rivers) programme.’ If that amount is not sufficient, additional […]
EXECUTIVE, Sri Lanka’s top-notch business travel partner ties up with onyx hospitality group & Mrs. World
Executive, the premier travel partner of all business travelers to and within Sri Lanka has recently tied up with ONYX Hospitality Group providing luxurious travel convenience to OZO Hotels and Amari Galle. Puneet Dutta, General Manager of Amari Galle – Sri Lanka was excited to share his thoughts on the new partnership. “Exceeding our guest […]
Sampath Bank powers real-time online payments to Inland Revenue Department with LankaPay
Sampath Bank joined hands with LankaClear to become one of the first banks in the country to facilitate real-time online payments to the Inland Revenue Department (IRD). Sampath Bank customers will now be able to make payments to the Inland Revenue Department, 24 x 7 x 365, directly from their savings or current accounts using […]
CCC-Private sector propose alternative to problem of managing flexible packaging waste
The Ceylon Chamber of Commerce (CCC) and industry stakeholders propose an Extended Producer Responsibility (EPR) initiative as a more cohesive alternative to addressing the environmental issues created by flexible packaging in Sri Lanka. The Chamber and the private sector believe that adopting an EPR approach to the issue, instead of banning flexible packaging altogether, would […]
HSBC Colombo Fashion Week Summer edition announces fashion in new environment
HSBC Colombo Fashion Week popularly known as CFW, in its 18th year introduces an important aspect of sustainability which is an urgent need around the world to make Circularity-in-Fashion work. This emphasis is themed as the Week of Circularity. This focus aims to propel the fashion design industry of Sri Lanka to transform itself and […]
Sri Lanka is not renegotiating Hambantota port lease deal with China: report
Sri Lanka’s ambassador to China Palitha Kohona has dismissed suggestions that the country is planning to extend a 99-year lease it granted to Beijing to run Hambantota port. Palitha Kohona said in an interview with the South China Morning Post that his country would “never be an unsinkable aircraft carrier posing a threat to anyone […]
From Waste to Energy: Kaduwela MC & UNDP work towards sustainable waste management
To create a transformation in the management of municipal waste, by generating electricity and producing liquid fertilizer using bio degradable solid waste, a Biogas system was handed over to the ownership of the Kaduwela Municipal Council (KMC) yesterday, under the leadership of Mayor Buddhika Jayavilal with the participation of Robert Juhkam, Resident Representative, United Nations […]
Media freedom is not the freedom of media owners: President
“Media freedom does not mean freedom of media owners. Certain media owners want to run the country the way they want. I cannot allow that to happen“, said President Gotabaya Rajapaksa. President Rajapaksa also said that he has not exerted any influence on the media as the President, and he will not hesitate to take […]
Transparency International welcomes SriLankan’s decision to sue airbus
Transparency International Sri Lanka (TISL) welcomes the decision by SriLankan Airlines to sue the company Airbus SE for $ 1 billion damages, loss of reputation, reimbursement of costs and interest. Sri Lankan Airlines has also called for the cancellation of the purchase agreement for four A350-900 Airbus aircraft and the return of the advance payment […]