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Sri Lanka celebrates its remarkable recovery at ITB travel fair in Berlin

Sri Lanka Tourism is all set to give it’s best at the ITB Berlin this year, which will kick off on the 5th of March 2024 and continue till 7th March 2024 at Messe Berlin, Germany. The Island paradise will showcase all its Tourism Products to lure the International tourists to come and have an…

(0)Comments | March 4, 2024 6:55 am

Two eminent industry leaders join Teejay Lanka board as independent directors

Bill McRaith and Shrihan Perera fortify top textile manufacturer’s corporate leadership Teejay Lanka PLC has announced the appointment of two eminent apparel industry personalities, Messrs. Bill McRaith and Shrihan B. Perera as independent, non-executive directors, effective 1st March 2024. Recently retired after an illustrious career of more than three decades in the global apparel and…

(0)Comments | March 4, 2024 6:51 am

Sri Lanka Seeks Five-Month Hold on Bondholder Suit

Bloomberg – Sri Lanka is seeking a five-month hold on a lawsuit filed by a bondholder over the country’s historic debt default, telling a New York federal judge that it wants more time to negotiate with private creditors. The island nation was sued in July 2022 by Hamilton Reserve Bank Ltd., which sought full payment…

(0)Comments | March 4, 2024 6:35 am

Holland America Line Visits All Seven Continents and Includes an Antarctic Experience on 2026 Grand World Voyage

Holland America Line is set to sail one of its most ambitious Grand World Voyages in 2026. The meticulously planned 132-day cruise will span all seven continents, including a special four-day Antarctic Experience. Details were announced today by President Gus Antorcha to 2024 Grand World Voyage guests aboard Zuiderdam, which is currently sailing in between Okinawa and Tokyo. The Grand World…

(0)Comments | March 2, 2024 6:07 am

Expolanka Group focuses on international expansion, proposes to Delist from the Colombo Stock Exchange

With a history of over 45 years, the Expolanka Group today has transformed itself into a leading logistics company with an international presence spanning 39 countries. Being a supply chain specialist, the company is one of the leading service providers to the export industry in Sri Lanka and generates a significant share of its earnings…

(0)Comments | March 1, 2024 4:16 pm

Agreement inked to construct hybrid renewable energy systems in Jaffna

Sri Lanka has signed an agreement for the development of hybrid renewable energy systems on 3 islands off Jaffna today (March 01). Minister of Power and Energy Kanchana Wijesekera stated that under a full financial grant of USD 10.995 million extended by the Government of India, the islands of Delft, Analativu and Nainativu will receive…

(0)Comments | March 1, 2024 1:41 pm

Sri Lanka unveils ‘Govt. Action Plan’ based on IMF governance diagnostic assessment

The Finance Ministry on Thursday (Feb.29) unveiled the Government Action Plan, which was prepared based on the Governance Diagnostic Assessment (GDA) furnished by the International Monetary Fund (IMF). Taking to his X handle (formerly Twitter), Finance State Minister Shehan Semasinghe said this action plan further demonstrates the Sri Lankan government’s commitment to building a sustainable…

(0)Comments | March 1, 2024 1:03 pm

National Cyber Security Act Anticipated for Implementation This Year

Sri Lanka to Host Digital Economy Summit in July – State Minister for Technology Kanaka Herath. The State Minister for Technology, Mr. Kanaka Herath, announced that the anticipated National Cyber Security Act will be introduced this year, followed by the establishment of the Cyber Security Authority. Additionally, the State Minister underscored the preparations made for…

(0)Comments | March 1, 2024 12:39 pm

Uber Eats Sri Lanka Introduces Service Fee

Uber Eats Sri Lanka has announced the introduction of a service fee on orders on the popular food and grocery delivery app. From February 29, customers will notice a restructuring in fees, aimed at sustaining a reliable and efficient food delivery service. While ordering from the Uber Eats app, consumers will now pay delivery charges…

(0)Comments | March 1, 2024 12:23 pm

Seylan Bank appoints Justice Buwaneka Aluwihare PC as an Independent Non-Executive Director

Seylan Bank announced the appointment of Justice Buwaneka Aluwihare PC as an Independent Non- Executive Director to its Board with effect from 26th February 2024. Upon being called to the Bar in 1982, Justice Buwaneka Aluwihare PC joined the Attorney General’s Department in 1983 as a State Counsel and served the Attorney General’s Department for…

(0)Comments | March 1, 2024 6:08 am

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