Ruwan Wijewardene, Senior Advisor to the President on Climate Change, with a vision of developing a large number of country’s youth to be the Green Entrepreneurs for Mangrove development and restoration, called a meeting of all the stakeholders early last week to further concretise the idea and develop a road map for action. He introduced…
Offer new paradigm in convenience with contact and contactless card payment acceptance Sri Lanka will be able to deploy its first credit and debit card-enabled vending machines following a collaboration between the Commercial Bank of Ceylon, the country’s biggest private sector bank, and Ceylon Business Appliances (CBA), a leading financial technology solutions company. Advancing consumer…
President Ranil Wickremesinghe delivered a compelling speech at the 10th World Water Forum, held in Bali, Indonesia today (20), highlighting the stark contrast between global funding priorities, pointing out the willingness of the Global North to fund death and destruction in Ukraine while showing reluctance to finance measures to combat climate change. Accordingly, President Wickremesinghe…
Seylan Bank PLC has announced the appointment of Justice Buwaneka Aluwihare, PC, who is set to assume the role of Chairman of the Board, effective from 29 May 2024. The transition follows the retirement of the current Chairman, Ravi Dias, who will complete his nine-year tenure as a Director of the Bank on May 28,…
Celebrating International Tea Day on 21 May, Emirates and their esteemed tea partner of three decades- Dilmah, share expert insights into the art of food and tea pairing onboard, in Emirates Lounges across the world, and at home. Tea pairing is a sensory experience that explores the dynamic between the aromas and flavours found in…
At the 10th World Water Forum in Bali, Sri Lanka’s Minister of Water Supply Jeevan Thondaman announced a significant partnership with the World Bank. Following an initial meeting in December, the World Bank, represented by its Global Director for the World Bank Group’s Water Global Practice (GP), Saroj Jha, has pledged full support for Sri…
The Ceylon Chamber of Commerce calls on all political parties to support the continuity of SOE reforms and the reform momentum, building on the economic stability achieved. The Chamber stresses that it is vital to prioritise and implement the reforms related to State-Owned Enterprises (SOEs), energy, and fiscal management, to ensure that the country does…
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…
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…
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…
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