The upcoming Sri Lanka Economic Summit 2021, the foremost and most anticipated economic event of Sri Lanka, will be inaugurated by the Chief Guest – Hon. Basil Rajapakse, Finance Minister, on 6th December, under the theme ‘Springboard for revival: Opportunity to reset’. Governor of the Central Bank, Mr. Ajith Nivard Cabraal will deliver the Keynote…
Marubeni Corporation’s Executive Management Team for Asia visited Sri Lanka to negotiate an investment opportunity for the 200MW Mannar Wind Power Project. During this visit, the team met with President Gotabaya Rajapaksa and the Minister of Finance. The Marubeni Corporation with revenues of US$ 67 billion and a history spanning 160 years specializes in Renewable…
A delegation of ‘South India Powerloom Federation’, the confederation of weaving associations in the Southern States of India, along with the Chairman of the Federation Dr. M. S. Mathivanan, visited Sri Lanka on 22 November 2021, under the invitation of the Deputy High Commissioner of Sri Lanka in Chennai Dr. D. Venkateshwaran. As South India…
The Monetary Board of the Central Bank of Sri Lanka (CBSL) has decided to pay an incentive of Rs. 8.00 per US dollar for workers’ remittances, in addition to the existing incentive of Rs.2.00 under the “Incentive Scheme on Inward Workers’ Remittances”, when such funds are remitted through Licensed Banks (LBs) and other internationally accepted…
Aitken Spence Travels, the leading destination management company (DMC) in Sri Lanka working in partnership with TUI Kazakhstan, welcomed its first flight for the winter season from Kazakhstan on Wednesday, 1st December 2021. Air Astana the flag carrier of Kazakhstan, will be operating 3 flights per week every Tuesday, Wednesday and Friday and has a capacity…
Yacht once owned by Liz Taylor and Richard Burton Port City Colombo Marina to be one of the largest in the region with facilities for berthing 200 yachts The Port City Colombo Marina welcomed the MY Kalizma – The Classic Superyacht, once owned by Hollywood screen idols Elizabeth Taylor and Richard Burton. The first Superyacht…
The Information and Communication Technology Agency (ICTA) of Sri Lanka announced that a Memorandum of Understanding (MoU) was signed between the National Library, Documentation Services Board of Sri Lanka, and 18 local authorities to implement the ‘Digital Libraries Project.’ Under this project, twenty-six (26) model digital libraries are being established covering all districts in Sri…
The Hambantota International Port Group (HIPG) today signed an agreement with INSEE Cement, the leading cement manufacturing company in Sri Lanka, to ensure the efficient transfer of raw materials to their factory in Galle, via the Hambantota Port. This will have a positive impact on the operational efficiency. The agreement was signed between Gustavo Navarro,…
One of Sri Lanka’s leading non-bank primary dealers, First Capital Treasuries PLC, a subsidiary of the Janashakthi Group’s First Capital Holdings PLC hosted prospective investors, industry partners, media representatives and members of the public at an investor forum on its upcoming Initial Public Offering (IPO). First Capital Treasuries released the official prospectus for the IPO…
Sri Lanka made a huge splash at the 26th World Route Development Forum (World Routes 2021), which took place in Milan, Italy, recently. By making its presence felt at the forum, Sri Lanka pitched its destination for global airlines to consider it as one of the top holiday destinations for the upcoming winter season and…
Video Story
