SriLankan Airlines turns 45, celebrating a trailblazing journey that took off on September 1, 1979, with just two Boeing 707 aircraft. A pioneer in the region, the airline has always remained resilient in the face of turbulence and has consistently championed true Sri Lankan hospitality globally. Over the years, SriLankan Airlines has proven its versatility…
July 2024 witnessed a significant milestone as ATrad, Sri Lanka’s premier platform for online stock trading and stockbroker back-office solutions, went live in Nepal at the Nepal Stock Exchange (NEPSE) and successfully completed the first set of live orders. Renowned for its excellence, ATrad empowers clients with real-time remote order placements, portfolio management, advanced analytics,…
The International Finance Corporation (IFC) has joined forces with Diversity Collective Lanka (DCLK) and Women in Management (WIM) to launch a first-of-its-kind training program aimed at combating gender-based violence and harassment (GBVH) in Sri Lanka’s private sector. The two-year training of trainers initiative will enhance business and social outcomes by promoting respectful workplaces and empowering…
If renegotiation occurs, Sri Lanka risks losing between USD 1.2 – USD1.3 bn from December – January. Such a loss could lead to another economic collapse for the country. Sri Lanka is the only nation that has successfully navigated an economic crisis in such a short period – Minister of Foreign Affairs and Justice, Prison…
Port City Colombo has achieved a significant milestone, on-boarding 100+ companies as Authorised Persons (AP’s), as of August 24th, 2024. These companies represent a diverse range of sectors identified to the Colombo Port City Special Economic Zone, including IT, Finance, Professional Services, Shipping, Logistics, Tourism, Healthcare, Real Estate Development, and Global Capability Centres. Among these…
Associated Motorways (Private) Limited (AMW), a forerunner in Sri Lanka’s automotive industry and sole distributor of Suzuki in Sri Lanka, recently embarked on a campaign to safeguard Suzuki vehicle owners around the country. In a dedicated effort to address potential safety concerns, AMW recently launched a comprehensive recall for Suzuki WagonR models, to rectify an…
The subsidiary has been established to invest in power, infrastructure, and related fields in the Middle East. Adani Power Ltd. on Monday incorporated a wholly-owned subsidiary, Adani Power Middle East Ltd., in Abu Dhabi, United Arab Emirates. The unit has been registered as an investment holding company and has been established to invest in power,…
The Exporters’ Association of Sri Lanka (EASL) successfully held its 27th Annual General Meeting (AGM) on July 30, 2024. The event marked a transition in leadership, with Mr. Yohan Lawrence, Consultant – Nidro Supply (Pvt) Ltd. being elected as the new Chairman. Alongside him, Ms. Rozanne de Almeida, Head of Trade – Hatton National Bank…
The High Commission of Sri Lanka in Kuala Lumpur hosted a fruitful engagement with the Malaysian Indian Tour & Travel Association (MITTA) on 16 August 2024. The High Commissioner of Sri Lanka Air Chief Marshal (Rtd.) Sumangala Dias met with MITTA representatives to explore avenues for promoting the Ramayana Trail tourism in Malaysia, MITTA, which…
The Hambantota International Port (HIP) has experienced a substantial increase in volumes, with a 40% growth recorded in 2024 to date. The port’s Commercial and Marketing division says the growth is expected to reach 50% by the year end. “The impressive performance and strategic growth of the port in 2024 demonstrate the Hambantota International Port…
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