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Eastern Development Projects’ Success Crucial for Solving National Debt Crisis

President Ranil Wickremesinghe is the Only Leader to Rescue Country”-Eastern Province Governor, Mr. Senthil Thondaman. The Governor of the Eastern Province Mr. Senthil Thondaman stated that the debt crisis of the country can be resolved by successfully executing the development projects outlined for the Eastern Province under the guidance of the President. He further stressed…

(0)Comments | March 20, 2024 9:30 am

World’s first successful conversion of Hummer EV SUV to right-hand drive by a team of Sri Lankans at Global Conversions

Global Conversions, a leading Sri Lankan-owned company specializing in automobile re-engineering, has achieved a remarkable milestone in the automotive industry with successful conversion of the world’s first Hummer EV SUV to right-hand drive. This groundbreaking achievement exemplifies Global Conversions’ commitment to innovation and excellence in the field of vehicle conversions. Global Conversions has been at…

(0)Comments | March 20, 2024 7:07 am

USD buying rate drops below Rs. 300 for first time since July 2023

The buying rate of the US Dollar has dropped below the Rs. 300 mark for the first time since July 05, 2023. According to the official exchange rates announced today by the Central Bank of Sri Lanka (CBSL), the buying rate of the USD is Rs. 299.29 and the selling rate is Rs. 308.90. Meanwhile…

(0)Comments | March 19, 2024 4:28 pm

PEPSI® Welcomes Summers with a New Campaign and a Brand-New Look with Jacqueline Fernandez

Pepsi® unveils new summer campaign; recreates iconic international commercial with Jacqueline Fernandez, emphasizing the ‘Refreshing Pepsi, Bold New Look’ in Sri Lanka Pepsi®, the iconic beverage brand, is gearing up to embrace the summer season in Sri Lanka with its latest film starring the charismatic Jacqueline Fernandez. Aligned with the campaign positioning ‘Refreshing Pepsi, Bold…

(0)Comments | March 19, 2024 1:34 pm

Innovating for better health, saving lives: Sri Lanka’s ambulance story

World Bank – In the rural town of Morawaka located in Southern Sri Lanka, home to lush tea estates and paddy fields, Ramya is finally mother to a beautiful baby girl. She was born after a harrowing experience of an umbilical cord prolapse, a condition where the umbilical cord gets out of the body before…

(0)Comments | March 19, 2024 12:13 pm

SEC engages with Approved Auditors

The Securities and Exchange Commission of Sri Lanka (SEC) as part of its continuous engagement process with stakeholders in the capital market landscape, held a meeting with the managing partners and audit partners of audit firms on its list of Approved Auditors recently. The main purpose of this session was to discuss the SEC’s expectations…

(0)Comments | March 19, 2024 11:02 am

Risk being swallowed by dividing on “time” to unite! – By Prof. Samitha Hettige

Some Sri Lankans among Sinhala Buddhists & Hindu Tamils would celebrate the ‘Sinhala – Hindu’ new year in few weeks. The Central Bankers (among them) unlike many will not conflict within families on purchasing to celebrate in the current economic situation but even they will have to fight to decide on the auspicious times as…

(0)Comments | March 19, 2024 10:48 am

Sri Lanka receives Yen 1,600 million grant from Japan

The Government of Japan, as one of our main development partners, provides concessional loans and various grant aid schemes such as the Economic and Social Development Programs, Technical Cooperation, Research Partnerships, Development Studies, and non-project grant aid with a view to improving the socio-economic status by strengthening bilateral relations between the two countries. During the…

(0)Comments | March 18, 2024 2:36 pm

China warns citizens in Singapore to stay away from gambling

Reuters – China’s embassy in Singapore on Monday urged its citizens in the city-state to stay away from all forms of betting, saying gambling overseas violates Chinese laws. The warning comes as Beijing intensifies its efforts to crack down on Chinese citizens gambling across Southeast Asia, a popular tourist destination. In a statement, the embassy…

(0)Comments | March 18, 2024 12:27 pm

Thai Airways Flights to Resume from 1st April 2024

MAC Holdings Private Limited appointed Official GSA for Sri Lanka & Maldives Thai Airways to resume operations between Colombo and Thailand from March 31st, 2024 onwards.  The flight ex CMB will depart on 01.04.2024. MAC to be the Airline’s forefront as their proud General Sales Agent within the region for Sri Lanka and Maldives. The route…

(0)Comments | March 18, 2024 11:52 am

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