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IndianOil Exports Premium Fuel XP100 to Sri Lanka

India’s energy major, IndianOil, exported its first-ever parcel of the superior 100 octane premium fuel, XP100 from Jawaharlal Nehru Port Trust (JNPT), Nava Sheva, Navi Mumbai Saturday. Tailored for premium high-end vehicles, XP100 is set to offer superior performance for its customers in Sri Lanka. This milestone of exporting XP100 to Sri Lanka symbolises IndianOil’s…

(0)Comments | May 20, 2024 11:28 am

Softlogic Life grows 20% in 1Q 2024, posts 7.2Bn GWP

Softlogic Life recorded another quarter of robust financial performance in a challenging business environment, posting Gross Written Premium (GWP) of Rs. 7.2 billion during the first three months ending 31st March (1QFY24). The top-line growth is an increase of 20% compared to 3% during the corresponding period of last year. The burdens heaped on customers…

(0)Comments | May 20, 2024 11:17 am

Global Spiritual Leader Gurudev Sri Sri Ravi Shankar and his 160 devotees fly SriLankan Airlines for their Sri Lanka visit

SriLankan Airlines was privileged to be selected by the spiritual leader and founder of the Art of Living Foundation, Gurudev Sri Sri Ravi Shankar, accompanied by 160 of his devotees, for their recent visit to Sri Lanka. The Art of Living, one of the world’s largest volunteer-driven non-profit organizations, has been actively working in Sri…

(0)Comments | May 20, 2024 11:16 am

AMW Introduces Safe and Spacious 2024 Nissan Urvan NV350, the Preferred Automobile Partner of Sri Lanka Tourism

The Sri Lankan Cabinet of Ministers’ recent decision to grant permits for importing passenger transport vehicles under the Sri Lanka Tourism Development Authority (SLTDA) marks a significant step forward for the tourism sector. In light of this, Associated Motorways (Private) Limited, is offering the 2024 NISSAN Urvan NV350 16-seater wide body high roof micro bus,…

(0)Comments | May 20, 2024 11:08 am

Meeting Between President Wickremesinghe and Indonesian Coordinating Minister for Maritime Affairs and Investment

During his official visit to Indonesia, President Ranil Wickremesinghe met with Luhut Binsar Pandjaitan Coordinating Minister of Maritime and Investment Affairs of the Republic of Indonesia. The meeting took place Sunday (19) at the, United In Diversity Bali Campus on Kura Kura Bali Island. The discussion covered key topics such as the Global Blended Finance…

(0)Comments | May 20, 2024 10:55 am

The government fully supports private entrepreneurs committed to advancing modern agriculture through cutting-edge technology

The Agricultural Modernization Program will be implemented in 100 Divisional Secretariat Divisions this year. The government is prepared to provide financial support and training – Says the President during an observation tour of Sri Lanka’s first AI technology greenhouse. President Ranil Wickremesinghe emphasized that the government plans to transform Sri Lankan agriculture using modern technology,…

(0)Comments | May 17, 2024 6:00 pm

Embassy of Sri Lanka in Brussels organizes “Sri Lanka: Your Vital Island”, trade and tourism promotion event

The Embassy of Sri Lanka in Brussels organised an event showcasing Sri Lanka’s recent economic recovery and the emerging economic opportunities, to over 55 participants representing the European Commission, Belgium Government and a cross section of the private sector in Belgium, at the ‘Sri Lanka Residence’ on 15 May 2024. The networking session of the event …

(0)Comments | May 17, 2024 4:51 pm

Sri Lanka Targets UAE as a Key Tourism Market at Arabian Travel Market 2024

Sri Lanka made a significant presence at the Arabian Travel Market (ATM) 2024 in Dubai highlighting the island nation’s diverse attractions and offerings. The Sri Lanka pavilion at ATM 2024 was organized by the Consulate General of Sri Lanka in Dubai in collaboration with the Sri Lanka Tourism Promotion Bureau (SLTPB). Arabian Travel Market was…

(0)Comments | May 17, 2024 4:50 pm

Macroeconomic Policies in Sri Lanka Are Starting to Bear Fruit, Says IMF

In a shock-prone world, economies must be more resilient—individually and collectively, advised the IMF in a press briefing held Thursday, May 16, 2024, in Washington, DC. According to IMF research, cooperation is critical, but greater protectionism could lead to fragmentation and even split nations into rival blocs just as fresh shocks expose the global economy’s…

(0)Comments | May 17, 2024 12:22 pm

CMTA hosts forum to explore Sri Lanka’s Economic Growth & Mobility

The recent event organized by the Ceylon Motor Traders Association (CMTA), themed “Mobility and Economic Growth,” brought together key stakeholders and thought leaders to delve into crucial discussions shaping Sri Lanka’s economic landscape. The event, highlighted by a keynote speech from Mr. Katsuki Kotaro, Minister and Deputy Head of Mission at the Embassy of Japan,…

(0)Comments | May 17, 2024 11:30 am