Aitken Spence PLC has a Public Private Partnership with Fiji Ports Corporation (FPCL) and Fiji Ports Terminals Ltd (FPTL). The Shareholders of Fiji Ports Corporation are, The Ministry of Public Enterprises in Fiji, Aitken Spence PLC (ASPLC) and Fiji National Provident Fund (FNPF). Photo – Dividend Cheque from the Hon. Prime Minister of Fiji, Sitiveni…
New Delhi (CNN) — Gautam Adani has had a good start to 2024. After a tumultuous year, the Indian tycoon has just retaken his former position as Asia’s richest man, according to the Bloomberg Billionaires Index. The founder of the sprawling Adani Group is now worth $97.6 billion, which makes him the 12th wealthiest person on the planet….
The Sri Lanka Gem and Jewellery Association (SLGJA), in collaboration with the National Gem and Jewellery Authority (NGJA) and the Export Development Board, is thrilled to announce the inauguration of the 30th edition of FACETS Sri Lanka, Asia’s premier gem and jewellery exhibition. The grand inauguration ceremony took place on the 6th of January 2024…
The Securities and Exchange Commission (SEC) has approved a regulatory framework to facilitate the issuance and listing of Infrastructure Bonds on the Colombo Stock Exchange (CSE). This landmark decision by the SEC is aimed at fostering both foreign and local investments in infrastructure projects that will contribute to the economic development and well-being of the…
By Dr. Roshan Rajadurai, Media Spokesperson of the Planters’ Association of Ceylon ‘Tyranny is the deliberate removal of nuance’ – Albert Maysles Few sectors are as emotionally and politically charged as the Sri Lankan plantation industry. Media often portrays the “estate sector” as the single-most impoverished, malnourished, and lacking in basic amenities, often holding RPCs…
First phase of the supplementary vaccination drive to kickstart on January 6, via over 1600 clinics across 9 districts UNICEF, together with WHO, will support the Ministry of Health in implementing a supplementary measles immunization activity (SIA) in Sri Lanka aimed at controlling the ongoing measles outbreak, midst over 700 measles cases reported in the…
Introduction Remittances carry vast economic implications for recipient countries at both macro and micro levels. The choice to send remittances through formal channels such as banks, registered money transfer operators, and online platforms, as opposed to informal avenues like Hawala/Undiyal operators or family networks, plays a pivotal role in achieving positive outcomes for migrants, their…
By Prof. Anura Wijayapala A common unfortunate experience shared by Sri Lankans is being exposed to clouds of unpleasant emissions from internal combustion engine (ICE) vehicles. This is a growing challenge, especially considering Sri Lanka’s ageing vehicle fleets. Accordingly, 70% of Sri Lanka’s total air pollution is attributed to the transport sector. According to statistics…
The European and International Booksellers Federation (EIBF) and the International Publishers Association (IPA) have expressed their concern about the imposition of an 18% tariff on books imported into Sri Lanka. In letters to both the Sri Lankan government and the International Monetary Fund, the international organisations express their belief that the policy may contravene Sri…
New $4.5 bn Sinopec deal comes amid debt restructuring, BRI lending shift HONG KONG — Surging investment from China, including a multibillion dollar oil project late last year, is leaving a giant question mark over Sri Lanka even as it tries to restructure towering debt and recover from its worst economic crisis as an independent…
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