The Ceylon Chamber of Commerce launched its landmark policy document, ‘Vision 2030,’ designed to steer Sri Lanka towards sustainable and inclusive development by 2030. The inaugural copy of this comprehensive economic plan was presented to President Ranil Wickremesinghe. The document will also be distributed to political party leaders, the Central Bank Governor, and the Treasury…
The Football Association [The FA] has extended its long-term global partnership of the FA Cup with Emirates for a further four years – and the world’s most iconic domestic cup competition will continue to be called the Emirates FA Cup until 2028. The new four-year partnership extension between Emirates and the FA Cup will begin…
Implementation of the Power Sector Reforms and Financial Sustainability Program under the loan assistance of USD 300 million from ADB The Government of Sri Lanka had discussions with the Asian Development Bank (ADB) to mobilize three policy-based loans (PBL) amounting to USD 300 million to implement the Power Sector Reforms and Financial Sustainability Program. The…
By Prof. Samitha Hettige The 2nd international forum on Conservation & Recovery of Tiger & Leopard was held in Harbin, Heilongjiang Province, China (July 28 to 31). It included discussions on global Tiger & Leopard population, habitat management, ‘Human Wildlife’ conflict resolution, & prey habitat restoration. Siberian Tigers (Amur tigers) are mostly found in northeast…
The Leadership Sri Lanka Needs for a Resilient Future to Propel the Nation Forward By Jithendra Antonio As Sri Lanka emerges from an unprecedented economic crisis that has shaken the foundations of its society, the nation stands at a pivotal crossroads. The upcoming presidential election on September 21, 2024, presents an opportunity for transformative leadership…
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has announced its selection of the first five finalists for the Dialog Innovation Challenge Grand Finale, demonstrating a steadfast commitment to leveraging technology to address key local issues and propel digital transformation across Sri Lanka. The competition has highlighted outstanding innovations, including SeaLanka’s AI-powered fishing zone prediction…
The Commercial Bank of Ceylon has been proclaimed ‘Sri Lanka’s Best Bank for ESG’ at the 2024 edition of the Euromoney Awards for Excellence, generating international recognition for the Bank’s commitment to Environmental, Social and Governance (ESG) frameworks. The Euromoney Awards for Excellence are highly respected in the global banking industry, and represent the pinnacle…
Uber signed a Memorandum of Understanding (MoU) with the Sri Lanka Tourism Promotion Bureau, Ministry of Tourism, in Sri Lanka to give a boost to tourism in the island nation. Over the next few months, Uber will promote Sri Lanka as a tourist destination to its rider base in India which accounts for one of…
Accounts for 5% of Sri Lanka’s total export income 4,800+ jobs provided outside Western Province 68% energy needs met by renewable sources 70% YoY increase in R&D investment driving export innovations Hayleys PLC, Sri Lanka’s largest public-listed diversified conglomerate, reported an economic value creation of Rs. 150 billion, parallel to delivering progress on its sustainability…
Consolidated revenue of Rs.14.2 billion, up by 6.5% Healthcare revenue up 19.8% YoY to Rs.7.6 billion Consumer records revenue of Rs.4.6 billion, down 1.9% YoY Diversified conglomerate Sunshine Holdings PLC (CSE: SUN) continued demonstrating resilience amidst prevailing macroeconomic conditions, reporting a topline growth of 6.5% YoY. The Group recorded a consolidated revenue of Rs.14.2 billion…
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