Top News

hSenid Business Solutions gears up for Investor Forum ahead of forthcoming IPO

As hSenid Business Solutions Limited the Sri Lankan market leader in Human-Capital-Management (HCM) related software industry draws closer to its highly anticipated Initial Public Offering (IPO). The much-awaited Investor Forum will take place on the 23rd of November 2021. The forum will commence from 10.30 am onwards at Jetwing Colombo Seven, presenting a resourceful opportunity for…

(0)Comments | November 22, 2021 6:29 am

Aeroflot-Russian Airlines Resumed Flights to Colombo from Moscow

Airport and Aviation Services (Sri Lanka) (Private) Limited is happy to announce that Aeroflot Airlines recommenced its flight operations to Colombo from Moscow with a flight frequency of 2 flights a week between Moscow and Colombo. The first flight, (SU284) with a total number of 240 passengers arrived at 10.50 hrs at Bandaranaike International Airport…

(0)Comments | November 22, 2021 6:23 am

Sri Lanka, the next holiday destination for Australian tourists promoted in Melbourne

Chairperson of the Sri Lanka Tourism Promotions Bureau (SLTPB) Kimarli Fernando invited the Australian tourists to visit Sri Lanka once again and urged the tour operators in Victoria, South Australia and Tasmania to promote Sri Lanka among Australian tourists, at a webinar on 17th November, 2021. The Chairperson said that visiting Sri Lanka is now…

(0)Comments | November 22, 2021 6:20 am

Sarvodaya Development Finance enters stock market with over 5,000 Sarvodaya societies island wide

Sarvodaya Development Finance (SDF) is set to enhance the standing of over 5,000 Sarvodaya societies islandwide with its Rs. 1 billion Initial Public Offering (IPO) opening tomorrow (23rd November). With a track record spanning over 6 decades, Sarvodaya Shramadana Movement uplifts and empowers rural masses, has a strong brand presence and is a trusted name…

(0)Comments | November 22, 2021 6:18 am

Vistara Airlines Resumes Flight Operations Between New Delhi and Colombo

Vistara Airlines resumed its flight operations to BIA from New Delhi on 19th November 2021. The airline commenced its operations to Colombo in 2019 and had to stop its operations due to the COVID 19 global pandemic situation. Vistara Airlines is an Indian full-service airline, based in Gurgaon, with its hub at Indira Gandhi International…

(0)Comments | November 22, 2021 6:13 am

The Karachi Coastal Comprehensive Development Zone

The Silk Road Journal by Mahika Ming The latest addition to the China Pakistan Economic Corridor (CPEC) is the Karachi Coastal Comprehensive Development Zone (KCCDZ). It is expected to create synergy in the BRI and CPEC as per Pakistani sources.  The farsighted decision has been taken at the CPEC’s 10th Joint Cooperation Committee Meeting. This…

(0)Comments | November 22, 2021 5:40 am

Sri Lanka’s merchandise exports continued its robust performance in October 2021, with a new high

Sri Lanka’s merchandise exports increased by 35.9% to US$ 1,160.62 Million in October 2021 compared to October 2020 as per the data released by the Sri Lanka Customs. Exports maintained above one billion for the fifth time this year. EDB Chairman & CE, Suresh D. de Mel said, “This is the highest-ever merchandise export figure…

(0)Comments | November 19, 2021 1:48 pm

Hisense and Haier Biomedical Encouraged to Establish Plants in Sri Lanka

During the visit of Ambassador of Sri Lanka to China Dr. Palitha Kohona to Qingdao to witness the signature of the letter of intent to establish sister city relations, he was invited to call on the head offices of the Hisense and Haier Biomedical companies. Hisense is a global giant in white goods and home…

(0)Comments | November 19, 2021 12:49 pm

CEAT radials designated Original Equipment for locally–assembled Mahindra Bolero City Pik-ups

CEAT Kelani Holdings has reached another milestone in radial tyre manufacture in Sri Lanka with the Company’s appointment as an Original Equipment Manufacturer (OEM) for Bolero City Pik-up vehicles assembled in Sri Lanka by Mahindra & Mahindra (M&M) India in collaboration with Ideal Motors. All Mahindra Bolero City Pik-ups rolling off the assembly line at…

(0)Comments | November 19, 2021 10:37 am

Sarvodaya Development Finance successfully concludes Virtual Investor Forum

Sarvodaya Development Finance (SDF), the financial services arm of one of Sri Lanka’s oldest social movements, the Sarvodaya Shramadana Movement, recently concluded its Investor Forum. The event followed SDF’s announcement of its Initial Public Offering (IPO) proposition that is scheduled for the 23rd of November, and successfully acted as a way for investors and stakeholders…

(0)Comments | November 19, 2021 10:33 am