The Pathfinder Foundation (PF) and the Xinhua News Agency signed an Agreement to jointly publish ‘China Watch’ a. This is another pioneering initiative of the PF and its China – Sri Lanka Cooperation Studies Centre (CSLCSC). Xinhua, the official news agency in China is the largest, authoritative and most influential media establishment in China. Within…
Emirates and flydubai partnership announces first codeshare routes With the start of the partnership, Emirates will codeshare on 29 routes operated by flydubai Passengers can book from 03 October with travel commencing on 29 October Reach more destinations easily, frequently and quickly Following the commencement of their partnership, Emirates and flydubai today announced that Emirates…
UN’s specialized agency for industrial development working to usher Inclusive and sustainable industrialization framework will unveil its way forward on industry framework of Sustainable Development Goals (SDGs) on Sri Lanka today 2 October afternoon for the first time. The visiting New Delhi based UNIDO Regional Representative Dr Rene Van Berkel will be addressing the Lankan…
The Ceylon Chamber of Commerce will close accepting applications from organizations, who wants to compete in the ‘Best Corporate Citizen Sustainability Awards 2017,’ on the 4th October, 2017. The annual event, which is conducted for the 14th consecutive year has seen heavy interests of a large number of local corporate firms, which have already come forward to take…
The UK has given 15 million pounds to Sri Lanka in support of the program to minimize the use of tobacco. According to the Minister of Health, Nutrition and Indigenous Medicine Dr. Rajitha Senaratna, the WHO has started programs to control the use of tobacco. President Sirisena and he were given awards for the…
Reuters – Sri Lankan shares edged higher for a second straight session and closed at a more than one-week high on Friday as investors bought beverage and manufacturing shares while continued foreign buying in the market underpinned positive sentiment, brokers said. The Colombo stock index ended 0.07 percent up at 6,438.24, its highest close since…
A staff team from the International Monetary Fund (IMF) led by Jaewoo Lee visited Colombo during September 18-29, 2017 to hold discussions on the third review of the Sri Lankan authorities’ economic program that is being supported by a three-year Extended Fund Facility (EFF). The program aims to support the authorities’ ambitious reform agenda to…
Mobitel (Pvt) Ltd, Sri Lanka’s National Mobile Network Operator enhanced its 4G LTE network coverage by innovatively deploying its existing 900MHz spectrum. This initiative is Sri Lanka’s first such deployment, thus significantly enhancing Sri Lanka’s LTE coverage and making Mobitel the No.1 network for LTE Broadband in Sri Lanka. Mobitel Chairman, P.G. Kumarasighe Sirisena stated…
SriLankan Airlines added another feather to its cap by being honoured with a prestigious Four Star Rating by the Airline Passenger Experience Association (APEX) in the first ever airline industry rating programme based solely on feedback from passengers. Captain Suren Ratwatte, CEO of SriLankan Airlines, said: “We are delighted to receive this rating of excellence,…
Fitch Ratings has maintained the Rating Watch Negative (RWN) on Sri Lanka-based alcoholic beverage manufacturer Distilleries Company of Sri Lanka PLC’s (DIST) National Long-Term Rating of ‘AAA(lka)’, as the company takes steps to complete its restructuring exercise and resolve its capital structure, which will require regulatory approval. Fitch placed DIST on RWN in September 2016…
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