Leading Sri Lankan insurer Co-operative Insurance, recently announced the date of their Initial Public Offering (IPO), which is set to take place on the 20th of December, 2021. The IPO will be managed by the Merchant Bank of Sri Lanka. Affirming its financial strength, the company, which secured a strong financial performance for the past…
Grubtech, the UAE-based tech innovator and disruptor who has become a leader in the cloud kitchen space, is aggressively expanding its offices in Sri Lanka, bringing endless possibilities to digitally transform Food & Beverage (F&B) businesses and in offering many job opportunities to talented software engineers across the country. In just two years, Grubtech having…
The Embassy of Sri Lanka in Jakarta organized a virtual meeting with the Board of Investment of Sri Lanka and the members of the Indonesian Electric Vehicle Industry Association (Periklindo) to explore opportunities in the Electric Vehicle manufacturing sector including the possibility of assembly of electric vehicles in Sri Lanka. This virtual meeting was held…
Economic Times – India is working out a package on an urgent basis to assist Sri Lanka, following finance minister Basil Rajapaksa’s New Delhi visit that focussed on measures to tide over an economic crisis that the island nation is facing. India is expected to extend a food & health security package to Sri Lanka…
Sri Lanka Tourism has driven a host of initiatives in recent months, to increase brand recognition and recall for the ‘Sri Lanka’ brand across multiple platforms. The work undertaken in strengthening the Sri Lanka brand is expected to provide a much-needed boost to Sri Lanka’s tourism sector and re-establish Sri Lanka as the destination of…
The Silk Road Journal by Mahika Ming The Peoples Republic of China (PRC) allocated more than USD 831 billion on education in 2020 which is an increase of more than 5.5% from the allocation in 2019 (more than 4% of national GDP). In the PRC most media organizations are under the purview of the ministry…
Advocates the need for collaboration to develop a long-term vision, which can help reduce policy volatility The Planters’ Association of Ceylon (PA) has urged the authorities to provide an urgent solution to facilitate the availability of appropriate herbicides, weedicides, fungicides and pesticides, which are essential for the sustenance and health of the country’s plantation sector….
During his first courtesy call on Prime Minister Mahinda Rajapaksa since recently assuming duties in Sri Lanka as the new Ambassador of Japan, Ambassador Mizukoshi Hideaki said that the Government of Japan is interested in attracting skilled workers from Sri Lanka. In the past few years, Sri Lanka and Japan signed two MoUs on both…
The apparel manufacturer welcomes the musical sensation to its family of 60,000 team members Brandix Apparel Limited, home to over 60,000 team members in Sri Lanka, India, Bangladesh, and beyond, announced the signing of inspirational musical sensation Yohani Diloka de Silva as its Brand Ambassador. A company with local roots and global reach, Brandix resonates…
A recent national survey conducted by LIRNEasia, a regional policy think tank, showed that 44% of Sri Lanka’s population aged 15 and above were internet users in 2021. Internet use was lower amongst the rural, elderly, less educated and poorer groups. Those residing in rural areas, for example, were 19% less likely to be online…
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