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NYK’s Regional Team visits Hambantota International Port

NYK’s new Regional Managing Director Hiroyuki Noma, stationed in Singapore, made a courtesy visit to Hambantota International Port (HIP) last week. The delegation also consisted of Keisuke Furukawa, Regional RORO head; Sagara Pieris, Group Management Committee Member; Jeremy Anandappa, Director NYK Lanka (Pvt.) Ltd.; and Dhammika Sampath, Deputy General Manager of Customer Service & Business…

(0)Comments | October 23, 2024 2:07 pm

Sri Lanka–USA Business Council re-elects Charithra Hettiarachchi as President for 2024/2025

The Sri Lanka–USA Business Council (SLUSABC) of The Ceylon Chamber of Commerce elected Charithra Hettiarachchi, CEO of WICHY Plantation Company (Pvt) Ltd, as President for the 2024/2025 term at its 8th Annual General Meeting held on October 15, 2024, at the Hilton Colombo Residence. The AGM featured Her Excellency Julie J. Chung, U.S. Ambassador to…

(0)Comments | October 23, 2024 1:31 pm

Discover Sri Lanka’s Gem Legacy at FACETS 2025: South Asia’s Leading Gem and Jewellery Exhibition

The Sri Lanka Gem and Jewellery Association (SLGJA) is proud to announce the 31st edition of FACETS Sri Lanka, South Asia’s premier gem and jewellery exhibition. FACETS Sri Lanka 2025 will take place from 4th to 6th January 2025 at the Cinnamon Grand Colombo. This prestigious exhibition is a global meeting point for the gem…

(0)Comments | October 23, 2024 1:28 pm

World Bank’s Martin Raiser Urges Focus on Jobs, Investment for Sri Lanka’s Recovery

Martin Raiser, the World Bank’s Vice President for South Asia, held a meeting with Sri Lankan officials during the 2024 Annual Meetings of the IMF and the World Bank Group in Washington, D.C. Raiser engaged with Central Bank Governor Nandalal Weerasinghe and Treasury Secretary Mahinda Siriwardana, focusing on trade, investment, and fiscal stability as the…

(0)Comments | October 23, 2024 11:30 am

Evolving Apparel Industry Models: Hela and Reebok’s partnership to capitalize on verticality

Hela Apparel Holdings PLC, the publicly-listed fashion conglomerate headquartered in Sri Lanka, recently announced an exclusive long-term partnership with Authentic Brands Group to design, manufacture, and sell Reebok-branded outerwear across the UK and Europe. This collaboration marks a significant milestone in expanding the Hela Group’s offering to the fashion industry by fusing its design, manufacturing…

(0)Comments | October 23, 2024 10:57 am

US Embassy warns citizens to avoid Arugam Bay due to ‘credible threat’

The U.S. Embassy in Colombo has strongly advised its citizens to avoid the Arugam Bay area until further notice, citing credible information warning of an attack targeting popular tourist locations in the Arugam Bay area. The Embassy says it has received credible information warning of an attack targeting popular tourist locations in the Arugam Bay…

(0)Comments | October 23, 2024 10:07 am

China donates Rs. 30 million to Sri Lanka as emergency flood relief

The Chinese Ambassador to Sri Lanka, Qi Zhenhong, met with President Anura Kumara Dissanayake this afternoon (22) at the Presidential Secretariat. During their meeting, Ambassador Qi made a donation of LKR 30 million (USD 100,000) as emergency flood relief to assist those affected by the recent flooding in the country. In addition to immediate relief…

(0)Comments | October 22, 2024 5:29 pm

Hyundai Motor India falls 7.6% in debut after country’s biggest IPO

Stock lists at 1,934 rupees vs IPO price of 1,960 rupees Company valued under $18 bln vs targeted $19 bln IPO was oversubscribed but failed to excite retail investors Focus on SUVs justifies buy ratings -analysts Recent India sales slowdown nothing to worry about, exec says Reuters – Hyundai Motor India shares fell as much…

(0)Comments | October 22, 2024 4:18 pm

Port City Colombo Spearheads Growth of the It Industry in Sri Lanka

Port City Colombo is progressively facilitating the growth of a robust digital ecosystem that would uplift the Sri Lankan economy. In line with the Government of Sri Lanka’s vision to establish a USD 15 billion digital economy by 2030, Port City Colombo aims to support the country’s ambitious growth targets by attracting leading technology companies…

(0)Comments | October 22, 2024 2:36 pm

Got Trapped in a Digital Scam? 5 Smart Steps to Secure Yourself Quickly

As shoppers start to spend more digitally, fraudsters actively seek vulnerable shoppers for financial scams. Emerging digital payment frauds can catch even the most cautious users by surprise. Once trapped, how does one get out of it? Here are five effective tips from Visa to help act swiftly and minimise the risk if you’ve been…

(0)Comments | October 22, 2024 2:34 pm

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