The Embassy of Sri Lanka in Brussels organised a ‘Ceylon Speciality Tea Mocktail Evening’ to promote Ceylon tea in a creative and innovative way in the Belgian market. The event was held at Sri Lanka Residence in Brussels on 04 September 2024. The mocktail was attended by well over 30 participants comprising tea importers, distributors, retailers,…
Sri Lanka Retailers Association hosts APRCE 2024, the premier event of FAPRA Tokyo, Japan, named as the host country for the next APRCE, to be organized by the Japan Retailers Association At a grand ceremony on September 6th, 2024, held at Shangri-La Colombo, veteran business leader Murali Prakash was officially appointed as the Chairman of…
Powered by the A18 Pro chip and built for Apple Intelligence, the Pro lineup introduces larger display sizes, Camera Control, innovative pro camera features, and a huge leap in battery life Apple introduced iPhone 16 Pro and iPhone 16 Pro Max, featuring Apple Intelligence, larger display sizes, new creative capabilities with innovative pro camera features, stunning graphics for immersive…
Platforms like TikTok are becoming integral for SMBs to reach their audience across different geographies By Indika De Zoysa It goes without saying that social platforms have evolved from a mere communication tool to a powerful catalyst for business growth. For businesses in Sri Lanka, leveraging social media is now optional but essential for navigating…
The Colombo Stock Exchange (CSE) and DFCC Bank PLC (DFCC) signed a Memorandum of Understanding (MoU) recently with the aim of enhancing the facilitation of Inward Investment Accounts (IIAs) for non-resident foreign individuals (FIs) in Sri Lanka. This collaboration will enable FIs to request IIAs when opening Central Depository Systems (CDS) accounts via the CSE…
SriLankan Airlines and flydubai, the Dubai-based carrier, have announced today an interline agreement commencing from 09 September 2024, introducing more travel opportunities between Sri Lanka, the UAE and beyond on select routes on the carriers’ networks. This interline agreement will enable passengers travelling with SriLankan Airlines to seamlessly connect via Dubai’s aviation hub to more…
The service, which was reduced to three days a week due to lower-than-expected bookings, will now be operated on Saturdays too starting 21st September 2024. The passenger ferry service between Nagapattinam in Tamil Nadu and Kankesanthurai in Sri Lanka will add an extra weekly sailing. The service, which was reduced to three days a week due to…
Reinforces the transparency, stability and predictability of AGEL’s Capital Management Plan Adani Green Energy Ltd (AGEL) redeems its USD 750 million 4.375% Holdco Notes due 8 September 2024 (“Holdco Notes”) through a fully funded redemption reserve account maintained since January 2024. The Holdco Notes were for funding AGEL’s accelerated growth in the past 3 years….
There has been an exponential increase in the number of vessels arriving at Hambantota International Port (HIP) for repairs and layups this year, marking a significant boost in its operational growth. From January to August 2024, the port hosted 23 vessels for these services, a remarkable 53% increase compared to the 15 vessels during the…
Solidifying its position as a leader in sustainable finance, DFCC Bank has emerged as the first institution in Sri Lanka to issue a Senior, Rated, Unsecured, Redeemable Green Bond. This landmark move underscores its commitment to fostering environmental stewardship and promoting renewable energy. Subject to receiving approval, this historic bond issue will soon be made…
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