As part of the “Clean Sri Lanka” initiative, a development project has been proposed to enhance the area surrounding the Nelumwewa hot springs in Welikanda, Polonnaruwa, with the aim of promoting it as a tourist attraction. A discussion regarding the proposed development was held Yesterday morning (24) at the site, followed by a field inspection….
A meeting between Secretary to the President Dr. Nandika Sanath Kumanayake and the Bank of Ceylon (BoC) Employee’s Union was held yesterday morning (24) at the Presidential Secretariat. The discussion focused extensively on the current issues in the banking sector, with attention directed toward identifying appropriate and effective solutions. During the meeting, Dr. Kumanayake emphasized…
Showcasing it’s potential to promote Sri Lanka as a top tourism destination, Sri Lanka Tourism hosted a successful Familiarization Tour for ten leading Travel Agents all across Australia, including Melbourne, Sydney, and the Gold Coast. These agents completed a 10-day Tour around Sri Lanka, experiencing the country’s diverse tourism offerings. Being the first time visitors…
The airline has carried over 1.7 million passengers in the past 2 weeks Emirates’ passengers experienced minimal disruptions to their travel plans after last night’s (23 June) regional events, with regularly scheduled flights resuming within a few short hours. The airline quickly activated its robust contingency and disruption plans, with no diversions, only a small…
Bloomberg – Oil slumped and stocks gained as US President Donald Trump said Tuesday a ceasefire has been implemented between Israel and Iran, spurring optimism there will be a lasting pause in the conflict. Brent crude slid almost 5% in early Asian trading, briefly dropping below the level of June 12, the day before Israel attacked…
The Sri Lanka Export Development Board (EDB) recently convened a high-level meeting to explore strategic collaboration for the implementation of the newly launched Initiative for Textile Sustainability Benchmarking (ITSB) a transformative platform aimed at elevating sustainability standards across Sri Lanka’s textile and apparel sector. The ITSB initiative is a joint effort by the Global Reporting…
The Commercial Bank of Ceylon has been honoured as the Best Bank among Sri Lanka’s domestic banks for a remarkable 14th year by FinanceAsia, one of the world’s foremost information sources on the Asian financial markets. The Best Bank award was presented to Commercial Bank at the FinanceAsia Country Awards gala at the Conrad in…
Reuters – Global shares rallied and the dollar extended declines on Tuesday after U.S. President Donald Trump said Iran and Israel had agreed to a ceasefire, sending oil prices into a deep dive as concerns over supply disruptions ebbed. Writing on his Truth Social site, Trump implied a ceasefire would go into effect in 12 hours, after…
Resus Energy PLC has made history with the launch of the country’s first-ever Green Bond issue by a local energy company, aiming to raise Rs. 1 billion to accelerate the nation’s transition to clean energy. The issue, scheduled to be opened on 25th June 2025, is also the country’s first Green Bond issue by a…
The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has increased to 0.6% in May 2025, compared to -0.8% in April 2025, according to the latest data released by the Department of Census and Statistics. The Year-on-Year inflation of the Food Group increased to 5.9% in May…
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