With representatives from several foreign embassies represented in Sri Lanka visiting the Hambantota International Port (HIP) to investigate business opportunities, the Sri Lanka Foreign Ministry organised a port visit for its ambassador designates. In line with that, Sri Lankan ambassadors designated to 8 countries were taken on a guided tour of HIP and followed a…
Minister of Foreign Affairs of Japan Yoko Kamikawa is scheduled to undertake an official visit to Sri Lanka from 04-05 May 2024. During this visit, the Japanese Foreign Minister is scheduled to pay courtesy calls on President Ranil Wickremesinghe and Prime Minister Dinesh Gunawardena. The Japanese Foreign Minister and her delegation will have official discussions with the Foreign Minister…
Net Interest Income for the quarter 2,884 Mn, up by 42% Net Fee and Commission Income for the quarter 398 Mn, up by 17% Operating Profit for the quarter 1,105 Mn, up by 43% Profit before Tax for the quarter 796 Mn, up by 47% Profit after Tax for the quarter 363 Mn, up by…
Virtusa Corporation, a global provider of digital engineering and IT services, proudly hosted the first-ever LinkedIn (LI) community event in Sri Lanka, dubbed “Connect Colombo.” The landmark event took place at the Courtyard by Marriott, marking a significant milestone in the country’s professional networking landscape. Bringing together over 200 industry leaders and mid to senior-level…
Emphasizes People’s Role in Determining Nation’s Economic Trajectory. President Ranil Wickremesinghe emphasized the government’s aim to create a highly competitive, export-oriented economy based on market economy, expressing full faith in the business community of the country. He pointed out that the current challenge facing the nation is not about maintaining the executive presidential system but…
In a significant acknowledgment of its contribution towards the development and growth of the national economy, Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, was recognised by the Board of Investment (BOI) as the largest FDI Contributor. This prestigious accolade, presented during the BOI’s 45th anniversary celebrations, underscores Dialog’s unwavering commitment to driving forward Sri…
Ceylon Tobacco Company PLC (CTC) announced the appointment of Fariyha Subhani as Managing Director and Chief Executive Officer, effective 15th April 2024. Subhani takes over the reins as Managing Director from Monisha Abraham, who was appointed to the position in December 2021. Prior to joining CTC, Fariyha served as Managing Director for Upfield (Private) Limited, South & Central Asia, a…
Furthering Dubai’s commitment to accessible travel and to raise awareness of autism, Emirates invited 30 UAE families with neurodiverse children to have a real check in experience and familiarisation flight on the 24 April, in Terminal 3 Dubai International Airport (DXB). The initiative was designed to help the children practice and alleviate anxieties before travelling,…
Keells Food Products PLC, is delighted to announce the launch of Elephant House range of Sausages to the vibrant culinary landscape of Australia through an esteemed partnership with Millennium Imports Pty Ltd, a leading importer and distributor of premium food products. This Partnership is a first for both Elephant House, the iconic Sri Lankan household…
ProClime Services Pvt Ltd, a start-up focused on the climate sector, aims to invest about $150 million in carbon projects across sectors in India and Sri Lanka over the next 12-18 months. The Chennai-headquartered company intends to unveil at least three carbon projects monthly until September in both countries. ProClime has identified 18 sectors for…
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