Khaleej Times – Hotels in Dubai have been requested to support guests impacted by the recent airspace closures, according to authorities. In a statement to Khaleej Times, the Dubai Department of Economy and Tourism (DET) confirmed that the safety and welfare of citizens, residents, and visitors is the country’s highest priority. “Hotels have been requested to support…
By Dr Bilesha Weeraratne With over 18% already aged 60 and above—and one in four projected to be 60 or older by 2041—the Sri Lankan population is rapidly ageing. IF harnessed effectively, the elderly population and the related Silver Economy have great potential to contribute to Sri Lanka’s economy. This blog analyses the challenges and…
JAT Holdings PLC has completed the second phase of the expansion of its binder manufacturing plant in Sri Lanka. The facility is now fully operational and will increase production capacity by 76%, supporting the Group’s growth ambitions across its emulsions and coatings portfolio in both domestic and regional markets. Binders are a main raw material…
Emirates has announced that it will continue operating a limited flight schedule from March 5 until 23:59 UAE time on March 7, 2026, due to ongoing airspace closures across the region. In its latest update issued at 15:30 Dubai time on March 4, the airline said it is prioritising customers with earlier bookings on the…
Reuters – Oil prices rose on Thursday amid growing concern over the prolonged closure of the Strait of Hormuz, as the U.S.-Iran war chokes off vital Middle East oil and gas flows while production facilities limit output. Brent crude was trading up $1.67, or 2.05%, at $83.07 per barrel by 0141 GMT. U.S. West Texas…
Reuters – Gold rose on Thursday as the widening Middle East conflict drove investors towards the safe-haven asset, while a softer dollar also lent support to bullion prices. Spot gold climbed 0.8% to $5,177.26 per ounce by 0249 GMT. U.S. gold futures for April delivery were up 1% at $5,186.40. The U.S. dollar eased from…
24-Hour Emergency Services for Tourists and Migrant Workers Operating Successfully – Ministry of Foreign Affairs Focus on Facilitating Grace Period Extensions for Migrant Workers Seeking to Resume Overseas Employment President Instructs Officials to Obtain Information on Individuals Who Have Travelled to Middle Eastern Countries for Tourism and Business A meeting to review the measures currently…
Reuters – Japan and the United States are working to include a nuclear power project in the second round of deals under Japan’s $550-billion investment package, two people with knowledge of the matter told Reuters on Wednesday. The nuclear power project, which the sources say will involve Westinghouse, is designed to strengthen both countries’ energy…
Sri Lanka will be represented at a high-level international policy dialogue this week, as Central Bank Governor Dr. P. Nandalal Weerasinghe joins global financial leaders at the Asia in 2050 conference in Thailand. The High-level Roundtable titled “Bringing Everything Together – Policy Challenges for Asia Going Forward” is scheduled to take place on Friday, March 6,…
Hambantota International Port (HIP) has commissioned a new six-hectare Roll-on/Roll-off (RoRo) yard as part of Stage I of Phase II of its RoRo yard expansion programme, marking a significant step in the port’s long-term automotive transhipment strategy. The newly completed yard increases vehicle parking capacity to 4,500 units per terminal space, easing pressure on existing…
Video Story
