Lead Story

‘Chopstick Travel’ – Keep the Sri Lankan Holiday Dream Alive’

As a part of Sri Lanka Tourism’s continuous International Promotions to ‘Keep the Sri Lankan Holiday Dream Alive’’, Destination Sri Lanka will be featured in one of the Top ‘Culinary Travel’’ YouTube Channels in the world- ‘‘Chopstick Travel’’  With the mission to popularize the Safe & Secure Bio Travel Bubble Process and rich tourism product…

(0) Comments | June 12, 2021 12:32 pm

Featured

Union Assurance and Cinnamon Hotels & Resorts Provide Over 3,000 Meals to Flood Victims

Union Assurance partnered with Cinnamon Hotels & Resorts to distribute over 3,000 meals to people impacted by the inclement weather as part of Cinnamon’s ‘Meals that Heal’ community project. Amidst the ongoing fight against the pandemic, extreme weather events have impacted over 200,000 individuals across 10 districts in the country. The distribution of meals to displaced communities was conducted in collaboration…

(0) Comments | June 13, 2021 9:45 pm

Renaissance Sri Lanka to help victims of the X-Press Pearl disaster

The recent burning and sinking of the Xpress Pearl is a terrible catastrophe. Renaissance Sri Lanka comes to the rescue of more than 4000 families in the severely affected Sri Lankan fishing communities. “The ship has dealt a death blow to our lives. We can’t go into the sea which means we can’t make a…

(0) Comments | June 13, 2021 8:45 pm

Brandix Sustainability Summit Calls for Net Zero Carbon Future

Stakeholders engage in inspiring discussion on translating targets to action Brandix hosted its inaugural Sustainability Summit on the 4th of June, in celebration of World Environment Day 2021 on 5th June. The summit focused on the theme ‘Towards a Net Zero Future – Translating Targets to Action’, providing a platform for key stakeholders to explore…

(0) Comments | June 11, 2021 7:50 pm

The Bank with a heart, hosts webinar to help SMEs elevate their business through ‘Facebook’

Seylan Bank, recently conducted a skills & knowledge sharing webinar exclusively for Small Medium Enterprises (SME’s) to help them adapt to the current digitally driven business environment. The Live Webinar was hosted via Zoom, YouTube and Facebook. The interactive session gathered approximately 1000 registrations. The webinar “Let’s use Facebook effectively to promote business growth in the…

(0) Comments | June 11, 2021 7:48 pm

Meet Startup Investors Online with Founder Institute Sri Lanka

If you are currently raising funding for your startup, or are looking to raise funding in the future, then join this online event featuring Sri Lankan startup investors. Learn how startup funding works, how investors evaluate pitches, the types of founders investors are looking for, and more. Anyone interested in learning more about raising funding…

(0) Comments | June 11, 2021 12:24 pm

Port City Colombo donates high flow oxygen therapy machines to aid the national battle against COVID-19

Amid the third wave of the rising number of COVID-19 cases around the country, Port City Colombo donated high flow oxygen therapy machines to aid the national battle against the pandemic. The donation was made to Health Minister Pavithra Wanniarachchi at the Health Ministry premises on Tuesday (08) and was handed over by Jiang Houliang,…

(0) Comments | June 11, 2021 12:05 pm

Round Island delivers on commitment to freshness and quality with renewed safety measures in place

While Sri Lanka grapples with the after effects of the MV X-Press Pearl marine disaster off the South and West coasts of the island, the Ministry of Fisheries has assured citizens that in suspending fishing activities from the affected coasts, all seafood that makes its way to the markets has officially been declared safe for…

(0) Comments | June 11, 2021 12:54 am

Sri Lanka Insurance Shines at “Brand Finance Most Valuable Brands 2021”

Awarded the Most Loved Insurance Brand Awarded the most valuable General Insurance brand for the 4th consecutive year Sri Lanka Insurance tops the ranking in many aspects in the recently published Brand Finance report on Sri Lanka’s Most Valuable Brands 2021 edition. Sri Lanka Insurance tops the list as The Most Loved Insurance Brand of…

(0) Comments | June 10, 2021 3:05 pm

Uber announces additional COVID relief for drivers and couriers

Uber announced an updated financial support program for drivers and couriers on its platform, allowing those diagnosed with COVID to claim 14 days in partial earnings support after they furnish an RT PCR test from an accredited lab.   Car, Tuk and Moto drivers, as well as courier partners, with a positive RT PCR test…

(0) Comments | June 9, 2021 4:22 pm

Rhino Group Donates 8 ICU Ventilators to Ministry of Health

Rhino Group serving Sri Lanka for over half a century, has stepped forward to donate 8 ICU Ventilators worth over Rs. 10 million to the Ministry of Health to support the nation combat the COVID-19 pandemic, the company has announced.   As a corporate entity with the welfare of the community and environment it operates…

(0) Comments | June 9, 2021 4:16 pm

Top News

Concessionary Scheme for Businesses and Individuals Affected by the third Wave of COVID-19

Considering the difficulties faced by the borrowers of Licensed Finance Companies and Specialised Leasing Companies [hereinafter referred to as Non-Banking Financial Institutions (NBFIs)], due to the third wave of COVID- 19 pandemic, the Central Bank of Sri Lanka (CBSL) issued circular No. 06 of 2021 on concessions for COVID-19 affected businesses and individuals, requesting NBFIs…

(0) Comments | June 11, 2021 7:02 pm

SLITHM signs MoU with Ecole hôtelière de Lausanne

The Sri Lanka Institute of Tourism and Hotel Management (SLITHM) has entered into a Memorandum of Understanding (MoU) with EHL Advisory Services Llp to conduct a gap analysis study in Sri Lanka with the aim to improve the quality of tourism education on par with global tourism education standards. Established in 1964, SLITHM is the…

(0) Comments | June 11, 2021 6:02 pm

Luxury SUVs for MPs While Imports for Doctors & General Public Held Indefinitely from March 2020

The Ceylon Motor Traders Association (CMTA) has expressed its concerns on the decision the Government has taken to import 400 vehicles – including 227 luxury SUVs – to a value of Rs. 3.7 billion through the Bank of Ceylon. The Government reversed its earlier decision to cancel the order, citing the fact that the Letters…

(0) Comments | June 11, 2021 2:34 pm

United States Provides Humanitarian Assistance to Sri Lankans Affected by MV X-Press Pearl Cargo Ship Fire

The American people are providing $100,000 in immediate assistance to support response efforts to the MV X-Press Pearl ship fire. The MV X-Press Pearl has discharged plastic debris and chemical waste into the surrounding waters, endangering coastal resources and the livelihoods of nearby fishing communities. The assistance will deliver immediate support to families whose livelihoods were affected by this…

(0) Comments | June 11, 2021 1:48 pm

Sri Lankan Non-Life Insurers’ Capital to Normalise after Improving on Lower Claims

Fitch Ratings : The regulatory risk-based capital (RBC) ratios of non-life insurers in Sri Lanka will normalise in the medium term with the resumption of dividend pay-outs to shareholders and a likely moderation in earnings, Fitch Ratings says. RBC ratios of non-life insurers improved considerably in 2020 due to the low motor and medical insurance…

(0) Comments | June 11, 2021 12:26 pm

Courtyard by Marriott to debut in Sri Lanka

Business Traveller India – Marriott International is set to introduce the Courtyard by Marriott brand to Sri Lanka, this year. The hospitality giant has signed an agreement with Colombo City Centre Partners (Private) Limited, part of the Abans Group, for this 164-key hotel, expected to open in late 2021. Located in the heart of Colombo city…

(0) Comments | June 11, 2021 12:20 am

The key to Invest Forums is the ‘bottom-line’ conversion – MTI

Whilst commending the recently concluded ‘Sri Lanka Invest Forum 2021’,  MTI Consulting has highlighted the need to diligently track and progress every single interest indicated and convert them to ‘bottom-line’ impact. “Sri Lanka’s initiative to hold this forum is very timely – given that nations and corporations around the world are trying to figures out…

(0) Comments | June 10, 2021 1:15 pm

Sri Lanka and Ethiopia discuss enhancement of political and economic ties at first ever bilateral consultations

Sri Lanka held Foreign Ministry Level Virtual Bilateral Consultations with the Federal Democratic Republic of Ethiopia on 09 June 2021. In keeping with the current policy of the Government, Foreign Minister Dinesh Gunawardena has attached priority to further strengthening ties with countries in the Africa Region. Bilateral Consultations between Sri Lanka and Ethiopia were held…

(0) Comments | June 10, 2021 1:10 pm
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Analysis

Mitigating Sri Lanka’s COVID-19 Education Crisis: Priority Areas for Action

By Ashani Abayasekara and Thisali de Silva The year 2020 saw close to 1.6 billion students from over 180 countries being kept out of schools for extended periods of time, in response to the COVID-19 pandemic. Despite commendable efforts by many countries to put in place alternative remote learning strategies and corrective measures, learning losses…

(0) Comments | June 9, 2021 1:18 pm

The Polymerase Chain Reaction keeps the Silk Road safe

The Silk Road Journal – by Mahika Ming The demand for COVID – 19 testing is increasing ever since the infection was identified in 2019. All health facilities are struggling to their maximum to expand the ability to meet the rising demand. At the outset people had to wait 24 hours or more to get…

(0) Comments | June 8, 2021 1:37 pm

Land Prices in Western Province Increase By 74% from 2018 to 2021

According to the annual Land Price Index released by LankaPropertyWeb, Sri Lanka’s number one real estate platform, in the Western Province (except Colombo Municipality area) the overall land price values have increased by 74% from 2018 to 2021. The company also revealed that, on an annual basis, the increase in average land prices between 2018…

(0) Comments | June 2, 2021 1:04 pm
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