Sabalenka reveals first tennis inspired Grand Slam tennis livery on A380 Emirates has announced a landmark partnership with the world’s No. 1 tennis player, Aryna Sabalenka, who becomes the airline’s first tennis ambassador. The milestone builds on Emirates’ longstanding commitment to tennis as the Official Airline of all four Grand Slams worldwide. To mark the occasion, Sabalenka unveiled…
The International Monetary Fund (IMF) has indicated that there is no immediate change to the electricity pricing objectives under Sri Lanka’s IMF-supported program, reaffirming the importance of maintaining cost recovery in the utility sector. Responding to an inquiry during a press briefing yesterday (15), IMF Communications Department Director Julie Kozack said that the program includes…
Sri Lanka’s economic growth is expected to slow over the next two years, the World Bank said in its latest Global Economic Prospects – January 2026 report. The World Bank projects Sri Lanka’s real GDP growth to ease to 3.5 percent in 2026 and 3.1 percent in 2027, following an estimated growth of 4.6 percent…
Hayleys drives Sri Lanka’s renewable energy future with 50 MW facility HayWind, the wind energy arm of Hayleys Fentons Limited, part of the Hayleys Group – Sri Lanka’s largest diversified conglomerate – marked a defining milestone in the country’s renewable energy journey with the groundbreaking ceremony of its 50 MW Wind Power Project in Mannar….
Sri Lanka’s commercial capital Colombo has been featured in Agoda’s month-by-month travel guide for 2026, with the global digital travel platform recommending the city as a top destination for May, coinciding with the Vesak festival. Agoda said visitors travelling to Colombo during this period can experience vibrant lantern displays, temple observances and evening processions, offering…
SriLankan Airlines, the national carrier of Sri Lanka, has unveiled a landmark international branding initiative to promote the Colombo Nawam Maha Perahera 2026, one of the country’s most distinguished religious and cultural festivals. The initiative is showcased on an Airbus A320neo, transforming the aircraft into a flying ambassador of Sri Lanka’s living heritage. Through a…
MTI Consulting was engaged to conduct a performance review of the Industrial Development Corporation of Zimbabwe and to develop turnaround strategies, which have now been successfully concluded. “The assignment benefitted from the active participation and strategic guidance of the leadership of the Mutapa Investment Fund and SERA (State Enterprises Restructuring Agency). We are pleased with…
Washington, D.C.: Statement by Mr. Evan Papageorgiou, International Monetary Fund (IMF) Mission Chief for Sri Lanka: “An IMF staff team will visit Sri Lanka from January 22 to January 28, 2026, to hold discussions with the authorities on the size and scope of the damage caused by Cyclone Ditwah. The findings of the mission will…
A fact-finding mission from the International Monetary Fund (IMF) will visit Sri Lanka from January 22 to 28 to assess the damage caused by Cyclone Ditwah and evaluate its implications on the country’s ongoing economic reform programme, IMF Communications Director Julie Kozack said. She made these remarks while responding to a question raised by Ada…
In line with the Government’s policy to achieve net zero carbon emissions by 2050, construction of the 50-megawatt wind power project developed by Hayleys Fentons Limited in Mannar was officially launched this morning (15) under the patronage of President Anura Kumara Dissanayake. The state-of-the-art wind power plant in Mannar, which harnesses the area’s natural wind…
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