In a significant acknowledgment of its contribution towards the development and growth of the national economy, Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, was recognised by the Board of Investment (BOI) as the largest FDI Contributor. This prestigious accolade, presented during the BOI’s 45th anniversary celebrations, underscores Dialog’s unwavering commitment to driving forward Sri…
Ceylon Tobacco Company PLC (CTC) announced the appointment of Fariyha Subhani as Managing Director and Chief Executive Officer, effective 15th April 2024. Subhani takes over the reins as Managing Director from Monisha Abraham, who was appointed to the position in December 2021. Prior to joining CTC, Fariyha served as Managing Director for Upfield (Private) Limited, South & Central Asia, a…
Furthering Dubai’s commitment to accessible travel and to raise awareness of autism, Emirates invited 30 UAE families with neurodiverse children to have a real check in experience and familiarisation flight on the 24 April, in Terminal 3 Dubai International Airport (DXB). The initiative was designed to help the children practice and alleviate anxieties before travelling,…
Keells Food Products PLC, is delighted to announce the launch of Elephant House range of Sausages to the vibrant culinary landscape of Australia through an esteemed partnership with Millennium Imports Pty Ltd, a leading importer and distributor of premium food products. This Partnership is a first for both Elephant House, the iconic Sri Lankan household…
ProClime Services Pvt Ltd, a start-up focused on the climate sector, aims to invest about $150 million in carbon projects across sectors in India and Sri Lanka over the next 12-18 months. The Chennai-headquartered company intends to unveil at least three carbon projects monthly until September in both countries. ProClime has identified 18 sectors for…
The inaugural publication under Section 80 of the Central Bank of Sri Lanka Act, No. 16 of 2023 (CBA), namely, the Annual Economic Review 2023, and the inaugural publication under Section 99 of the CBA, namely, Financial Statements and Operations of the Central Bank 2023, were presented to Honourable Ranil Wickremesinghe, the President and Minister…
The Ceylon Chamber recognizes the Digital Economy as a key enabler for Sri Lanka’s economic growth acceleration. The National Digital Economy Strategy 2030 recently published by the Ministry of Technology provides a roadmap to unlock the benefits of the digital economy. The strategy focuses on the improvement of the digital infrastructure, implementation of the Digital…
Sri Lanka Tourism Promotion Bureau conducted a roadshow in Turkey on the 18th April 2024 which was the first roadshow organized from SLTPB in Turkey, in collaboration with the Sri Lanka Mission in Turkey and the National Carrier that has direct connectivity from Istanbul which operates five flights per week. The Turkish airline is scheduled…
The company is expected to complete a feasibility study for a plant at the Hambantota port by June. Chinese energy giant Sinopec is advancing its global strategy as it seeks to establish its first fully controlled overseas refinery in Sri Lanka, reported Reuters. The company is expected to complete a feasibility study by June for a…
The 352-room hotel, with ITC Hotels’ world-acclaimed cuisines will be a jewel in Colombo’s skyline. ITC Limited’s wholly owned subsidiary WelcomHotels Lanka (Private) Limited has launched ITC Ratnadipa, a jewel in Colombo’s skyline that promises to enrich the tourism and hospitality landscape of Sri Lanka. This flagship hospitality icon of ITC Hotels was inaugurated today by…
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