Reuters – Melinda French Gates is leaving the charitable foundation she co-founded with former spouse Bill Gates more than 20 years ago and will get $12.5 billion for her own work to uplift women and families, she said on Monday. The billionaire benefactors parted ways in 2021 after 27 years of marriage but had pledged to continue…
Sadaharitha Group, the pioneering force in Sri Lanka’s commercial forestry industry, proudly announces the expansion of its global operations by exporting agarwood-based products to the United Arab Emirates (UAE). This milestone marks a strategic collaboration with Alweena Perfumes, a distinguished premium perfume brand based in the UAE. Since its inception in 2002, Sadaharitha Group has…
The Colombo Stock Exchange (CSE) and the United States Agency for International Development (USAID) collaborated on a forum to provide small and medium sized enterprises (SMEs) in southern Sri Lanka with insights into opportunities to raise capital through the CSE. Held recently at the Weligama Bay Marriott Resort & Spa, the issuer forum titled “Redefining…
Minister of State for Finance Dr. Ranjith Siyambalapitiya has said that the government has already taken steps to remove the tax on special trade items and is ready for wide-scale negotiations if any party has problems in this regard. In his continued speech- Although many people have been expressing various opinions about the Sugar tax…
With the intention of supporting Sri Lanka’s healthcare system by ensuring increased access to emergency healthcare services, the CSE adopted two ambulances for the 1990 Suwa Seriya Foundation. This is in response to the programme, ‘Adopt an Ambulance’ which was initiated by the Board and Management of the 1990 Suwa Seriya Foundation. The two ambulances…
As anticipation builds for the upcoming T20 World Cup, Moose Clothing Company proudly debuted its latest creation: the new T20 jersey design for Sri Lanka cricket men’s national team. The launch event, held at Moose Clothing Company’s headquarters in Ja Ela, was graced by the national men’s and women’s cricket team, esteemed dignitaries and special…
Group reports best-ever financial performance with record profit of AED 18.7 billion (US$ 5.1 billion), up 71% from last year, record revenue, and record level of cash assets. Group revenue increased 15% to a new high of AED 137.3 billion (US$ 37.4 billion), driven by strong customer demand across its businesses. Ends year with highest-ever…
The Indian Ocean Rim Association (IORA) Business Conclave organised by The Ceylon Chamber of Commerce in collaboration with the Ministry of Foreign Affairs on 28 and 29 May, (www.ioraconclave.lk) will focus on sectors significant to the economic development and prosperity of the Indian Ocean Rim region, including Agriculture, ICT, Logistics, and Tourism, including breakout sessions…
Reaffirming its dedication to gender equality and digital empowerment, Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, renewed its pledge to the GSMA’s Connected Women Commitment Initiative. This commitment underscores Dialog’s dedication to eradicating digital divides and empowering Sri Lankan women through enhanced access to mobile internet and mobile money services. The initiative is a…
Chinese leader Xi Jinping returned home after visiting Serbia, Hungary & France last week. France colonized southern parts of Great China (French Indochina) decades ago & therefore, Sino-French socio economic connectivity is centuries old but not as old as Sino-Lanka relations. China & France are permanent members of the UN Security Council. France is China’s…
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