The Hambantota International Port (HIP) supported a joint initiative by the Japan External Trade Organization (JETRO) and the Hambantota Chamber of Commerce, which are on an initiative to attract investments into the southern hinterland of Sri Lanka. In line with JETRO’s business engagement in India, the delegation of investors consisted mainly of Japan-based business organisations…
Data, AI, and Sri Lanka’s future: What challenges must be overcome for a smarter tomorrow? LIRNEasia hosted a forum on December 7, 2024, titled “Unlocking Data for Artificial Intelligence in Sri Lanka” at the ITC Ratnadipa Hotel, Colombo. The event brought together AI experts, data scientists, policymakers, and industry leaders to explore practical ways to…
CEAT, an RPG company and Michelin, the global leader in tyres, announced today that they have entered into a definitive agreement for CEAT to acquire Camso brand’s Off-Highway construction equipment bias tyre and tracks business from Michelin in an all-cash deal valued at about $225 Mn (SLR 65 Bn). The transaction will include the business…
Sale of two plants in Sri Lanka to CEAT, securing jobs and business continuity Focus of the Group’s Construction activities on its most value accretive offers Joint commitment by Michelin and CEAT to optimize the transition for all impacted Continuation of other manufacturing activities in Sri Lanka, an important country for Michelin Sale of the…
Sri Lanka was promoted as a premier travel destination at the Holiday Expo Gent held from 29 November to 02 December 2024 at Flanders Expo in Belgium. The event which attracted well over 40,000 visitors was a B2C event, providing direct access to potential travelers in Belgium planning their holidays. The Embassy of Sri Lanka in Brussels, with the…
Ambassador of Sri Lanka and Permanent Representative to UNESCAP, Wijayanthi Edirisinghe, met with the Governor of Bangkok, Chadchart Sittipunt to discuss areas of collaboration between Sri Lanka and Bangkok. Ambassador Edirisinghe underscored the profound Buddhist and cultural ties between Sri Lanka and Thailand, drawing attention to key symbols of Sri Lanka’s heritage, such as the…
Elegance in extremity: Range Rover Electric advances through pivotal development phase – prototypes are testing in the deserts of the United Arab Emirates, in temperatures exceeding 50C Refinement reigns: Range Rover Electric prototypes tackle challenging sand dunes in the UAE; a new Intelligent Torque Management system ensures comfort, composure and capability across challenging desert terrain…
The National Information Technology Conference (NITC) 2024, hosted by the Computer Society of Sri Lanka (CSSL), marked a pivotal moment in Sri Lanka’s digital journey. Under the theme “Catalyzing a Progressive Future: Towards Society 5.0,”the event introduced the transformative concept of Society 5.0 to the nation —a vision that integrates advanced technologies like Artificial Intelligence…
All professionals invited to participate in creating a digital economy – President highlights these goals upon assuming duties as Minister of Digital Economy President Anura Kumara Dissanayake emphasized the need for the support of all professionals to digitize the country and actively participate in the process, at a time when the expectations of the political…
Sri Lanka Tourism Promotion Bureau, in collaboration with the Embassy of Sri Lanka in Warsaw, participated as the “Partner country”, in the 30th Edition of the International Travel and Tourism Fair “TT Warsaw” held from 29 November 2024 to 01 December 2024. The “Partner country” status enhanced Sri Lanka’s opportunity to expose itself to a wider…
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