Authentic Brands Group (Authentic), a global brand development, marketing, and entertainment platform, today announced a long-term partnership with Focus Brands, the brand licensing division of Hela Apparel Holdings PLC, for Reebok. Through the partnership, Focus Brands will design, manufacture and distribute Reebok-branded outerwear products across the UK and Europe. “We look forward to expanding our…
Bloomberg – Sri Lanka will hold elections in September to elect a new president as the incumbent leader Ranil Wickremesinghe seeks a mandate for his tough fiscal reforms in the South Asian nation that’s trying to move past its worst financial crisis on record. The Election Commission said the vote will be carried out on Sept. 21…
‘Ceylon Tea’ Brand to Be Promoted Internationally Through New Strategic Plan – President Says at Colombo International Tea Convention 2024. President Ranil Wickremesinghe emphasized the crucial role of the Sri Lankan tea industry in transitioning the country towards an export economy. He underscored the need for a comprehensive promotion strategy, developed in collaboration with both public…
Full Implementation of Anti-Corruption Legislation. National Anti-Corruption Strategy for 2025-2029. Expanded Powers for the Auditor General. Increased Authority for the Commission to Investigate Allegations of Bribery or Corruption (CIABOC). Transparency in State Procurement: Disclosure of state procurement information exceeding one billion rupees. Public Disclosure of Tax Exemptions for All Companies. The Cabinet of Ministers has…
The Food and Agriculture Organization of the United Nations (FAO) is calling for urgent regional efforts to combat a rise in avian influenza cases across the Asia-Pacific region. The appeal follows a consultation of regional experts in Bangkok, supported by the United States Agency for International Development (USAID) and the Centers for Disease Control and…
The world-famous Harlem Globetrotters are growing their iconic global tour with expansion to the continent of Asia this November 2024! The hardest working sports team in the world with over 350 performances around the globe are set to embark across the Philippines, Malaysia, Indonesia, Sri Lanka, and Singapore for incredible shows. The Harlem Globetrotters, one of the most popular entertainment brands in the world, are…
The Ceylon Chamber of Commerce requests the Government to consider all aspects of the new eVisa issuance process and review the pricing in the larger interest of growing the tourism sector. Presently, there is great debate on the cost and process of the new system whereas the focus should be on destination marketing and improving…
Ceylon Electricity Board’s (CEB, BB+(lka)/Stable) cash flow will stay adequate to service debt despite a 22.5% tariff cut from 16 July 2024, Fitch Ratings says. The agency does not expect the latest cut to affect the Sri Lankan electricity distributor’s payments to independent power producers (IPPs). Lower tariffs are supported by falling generation costs from…
Signing of Record of Discussion (RoD) between the Neighbouring Countries Economic Development Cooperation Agency (NEDA) of the Kingdom of Thailand, and Ministry of Finance, Economic Stabilization and National Polices for the Capacity Building Programme for the Officials Attached to Public Debt Management Office (PDMO) of Sri Lanka. In response to an invitation made by the…
Launch of 42nd National Information Technology Conference (NITC) – 2024 The 42nd National Information Technology Conference (NITC), themed “Catalyzing a Progressive Future: Towards Society 5.0,” is scheduled to take place from 12th to 14th November, 2024 at the Shangri-La Hotel in Colombo. This landmark event in the ICT sector is the premier multi-faceted business conference…
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