As part of the ‘Sri Lanka Business Drive – 2024’ initiative which was launched under the guidance of the High Commissioner of Sri Lanka to the UK Rohitha Bogollagama, a business and investment networking breakfast Roundtable meeting, organised by the Sri Lanka High Commission, was held on 17February 2024 at VOCO Grand Central Hotel, Glasgow,…
Port City Colombo (PCC) hosted a special business networking session with Lord Marland, Chairman of the Commonwealth Enterprise and Investment Council (CWEIC), on 19th February 2024 at the Port City Colombo Sales Gallery. Acting as an excellent platform for PCC to present its upcoming investment prospects, this occasion showcased Lord Marland’s strong support for PCC’s…
Tourism in Sri Lanka is on a high growth trajectory following a boost in Sri Lanka’s potential as a must-visit destination. Visa free travel for tourists from China, India, Indonesia, Russia, Thailand, Malaysia and Japan has provided the right nudge for tourists to put Sri Lanka on the top of their travel bucket list. Nationals…
The 14th round of negotiations between Sri Lanka and India on the Economic and Technology Cooperation Agreement (ETCA) are scheduled to be held in New Delhi, in the first week of March 2024. At its meeting on Monday (19 Dec.), the Cabinet of Ministers took into consideration the submission made by President Ranil Wickremesinghe regarding…
Considering Sri Lanka’s reputation for its manufacturing excellence with extensive operations in South Asia, the Sri Lanka Export Development Board (EDB) in collaboration with Sri Lanka Missions in the USA organized the Sri Lanka Country pavilion at “Sourcing at Magic Exhibition” in Las Vegas, USA, which was held recently with the participation of eleven (11)…
The Sri Lanka- Pakistan Business Council (SLPBC) of The Ceylon Chamber of Commerce in collaboration with the Pakistan High Commission in Sri Lanka led a 10-member business delegation to the third Expo Engineering and Healthcare Show in Lahore recently. Spearheaded by the President of the SLPBC Mr. Indra Kaushal Rajapaksha, the delegation joined over 600…
The acquisition makes Bustanica a 100% UAE-owned agriculture venture Emirates Flight Catering, one of the world’s largest catering operations, has fully acquired Emirates Bustanica, formerly called Emirates Crop One, and its consumer brand Bustanica, the world’s largest indoor vertical farm. This strategic move establishes Emirates Bustanica as a fully UAE-owned company, helping sustain the country’s vision of enhancing food…
Aitken Spence Logistics unveils its latest state-of-the-art Container Freight Station (CFS) to facilitate the growing requirements of the supply chain community in the region. This 100,000 sq. ft. facility, strategically positioned within the main logistics complex in Mabole, Wattala, reflects the company’s commitment to serve the Export-Import community of the region, providing operational excellence, supply…
Xinhua – Fifty cruise ships will be calling at Sri Lankan ports from February to April, state media reported on Sunday quoting B.H.R. Sariffo Deen, director general of Sri Lanka Tourism Development Authority. Sariffo Deen said most of the cruise ships will call at Colombo harbor, and some will also anchor in Hambantota and Trincomalee…
Profit before Tax for the year Rs. 2,328 Mn, up by 258% Net Interest Income for the year Rs. 10,302 Mn, up by 9% Net Trading Gains for the year Rs. 1,027 Mn, up by 823% Total Assets Rs. 233 Bn, grew by 12% Operating Profit for the year Rs. 3,326 Mn, up by…
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