SriLankan Airlines wowed the world’s travel trade with its latest Global Sales Conference, which concluded in Hambantota on 24 November 2023 with some 200 of the airline’s top international agents and tour operators in attendance. SriLankan Airlines offered the international participants information on the operational plans of the airline during the programme as well as…
As a result of discussions between the Asian Development Bank (ADB) and the Government of Sri Lanka, two policy-based loans (PBL) have been arranged to implement the Financial Sector Stability and Reform Program in order to create a stable financial system that provides access to finance for business in various sector of the economy. The…
The Commercial Bank of Ceylon has been ranked No 1 on the Business Today ranking of Sri Lanka’s Top 40 business entities in 2022-23. Business Today has assigned Commercial Bank an aggregate score of 34.55 at the top of a list that includes the country’s biggest diversified conglomerates, banking and financial services giants and manufacturing…
Contributed 5.5% of Sri Lanka’s total export earnings in 2022/23 Recognised for innovative, value-added export portfolio Sri Lanka’s most diversified conglomerate and exporting powerhouse, Hayleys and its subsidiaries were celebrated for their unwavering commitment to excellence, value-addition and innovation, clinching 17 awards at the 25th Presidential Export Awards. Accounting for 5.5% of the nation’s total…
In our latest ‘RPC Innovation Update’, we focus on Talawakele Tea Estates PLC (TTE), a company that stands as a jewel in the crow of Sri Lanka’s tea sector, and continuously sets the gold standard in employee empowerment, community welfare, and environmental stewardship for agribusinesses not just in Sri Lanka but all across the globe….
The Colombo Stock Exchange (CSE) joined over 24 stock exchanges globally for a call to action for climate change with its inaugural Market Opening Bell Ringing Ceremony for Climate Change on 05th December 2023 at the trading floor of the CSE. Delivering the keynote address at this ceremony, Ms. Azusa Kubota, Resident Representative, UNDP Sri…
Sri Lanka Tourism launched its global campaign, ‘’Sri Lanka – You’ll come back for more’’ at a grand ceremony held at the Cinnamon Grand Hotel, Colombo on the 4th of December 2023. The event was held under the patronage of the Hon. Minister of Tourism, Lands, Sports and Youth Affairs Harin Fernando, along with Sri…
The Asian Development Bank (ADB) approved a $200 million concessional loan to the Government of Sri Lanka to help stabilize the country’s finance sector following the sovereign debt and economic crises that started in April 2022 when it suspended its external debt payments. The Financial Sector Stability and Reforms Program comprises two subprograms of $200 million each….
The ministry of health has received from UNICEF, new oxygen-generating plants and equipment to save the lives of children and their families, especially during emergencies. With funding from Canada, UNICEF procured and installed at the cost of LKR 800 million, four major oxygen plants in Avissawella, Kegalle, Thissamaharama, and Udugama base hospitals from where oxygen…
The Colombo Port City Economic Commission (the Commission) is pleased to announce that three of Sri Lanka’s leading commercial banks—Commercial Bank, Hatton National Bank (HNB), and Sampath Bank—have been issued an Authorized Persons (AP) license from the Colombo Port City Economic Commission. This significant development marks a major milestone in the development of the Colombo…
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