Sri Lanka’s Colombo Stock Exchange (CSE) marked a historic milestone today (12) as the All Share Price Index (ASPI) crossed the 14,000-point mark for the first time, closing at 14,035.81 with a gain of 150.72 points. The S&P SL20 Index also saw significant growth, rising by 42.80 points to close at 4,186.09. Trading activity remained…
The Sri Lanka Export Development Board (EDB) and the International Trade Centre (ITC) co-organized a series of factory visits as part of the UK-Sri Lanka Trade Mission under the SheTrades Commonwealth+ Programme. 59 factory visits were held from December 2nd to 6th, the initiative brought buyers from the West and North Yorkshire Chamber of Commerce…
Lanka Milk Foods (CWE) PLC (LMF) has set an extraordinary benchmark at its Ambewela Farms, achieving a record-breaking daily milk production of 62,000 litres from a single source. This represents a truly massive growth from the 3,000 litres to 60,000 liters per day recorded. When the company took over the facility from the state sector…
The 31st FACETS Gem and Jewellery Show, organised by the Sri Lanka Gem and Jewellery Association (SLGJA) – in partnership with the National Gem and Jewellery Authority (NGJA), will open its doors between 4th and 6th January 2025 at the Cinnamon Grand, Colombo. Kicking off the new year, FACETS 2025 has become a highly anticipated…
Times of India – ChatGPT, the popular AI chatbot, is back online after a global outage on Thursday left millions of users unable to access its services. The outage, which began shortly before 7 pm ET (5:30 am IST), affected not only ChatGPT but also OpenAI’s API and Sora services. Services were restored around 8…
Foreign Minister, Vijitha Herath, had a cordial meeting with Ambassador Tim Enderlin, Assistant State Secretary and Head of the Peace and Human Rights Division of the Swiss Federal Department of Foreign Affairs, during his recent visit to Sri Lanka. The discussion centered on promoting national unity and reconciliation in the country. The Foreign Minister reiterated…
Cinnamon Hotels & Resorts, in partnership with Indra Traders, is set to expand its footprint in Sri Lanka’s hill capital, at the start of 2025, with the launch of the Kandy Myst by Cinnamon – a vibrant new addition to the brand’s portfolio. This strategic collaboration reflects the brand’s commitment to elevating Sri Lanka’s tourism…
In a significant move to advance environmental sustainability, the governments of Sri Lanka and Korea International Cooperation Agency (KOICA) formalized their partnership today with the signing of the “Developing Sustainable Integrated Solid Waste Management Project in Uva and Northern Provinces” in Sri Lanka. The event, held at the Ministry of Public Administration, Provincial Council and…
The Sri Lanka Tourism Development Authority (SLTDA), in collaboration with the Sri Lanka Tourism Promotion Bureau (SLTPB), has invited Mr. Noor Ahmad Hamid, the Chief Executive Officer of the Pacific Asia Travel Association (PATA), to visit Sri Lanka from the 19th to the 21st of December, 2024. The primary purpose of his visit is to…
The Chamber of Lankan Entrepreneurs (COYLE) proudly unveils I AM the Sri Lankan Entrepreneur 2024, a prestigious awards evening dedicated to celebrating and empowering the country’s most remarkable entrepreneurs. Taking place on the 5th of March 2025, this landmark event will honour those whose bold vision and innovation have driven Sri Lanka’s industries forward. This…
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