CreatorX, organized by Digital Turtles and supported by the United States Embassy in Sri Lanka, brought together creators from diverse backgrounds, ethnicities, and regions for a day of workshops, discussions, and networking. With an emphasis on fostering collaboration and cross-cultural understanding, CreatorX offered a dynamic platform for creators from all walks of life to connect,…
Plant will be entirely covered with waterless robotic module cleaning systems Adani Green Energy Limited (AGEL), one of the world’s leading renewable energy (RE) companies, has operationalized cumulative capacity of 1,000 MW solar energy at the world’s largest Renewable Energy (RE) park at Khavda, Gujarat, India. With this, AGEL has achieved operational capacity of…
Chief Representative of the Japan International Cooperation Agency (JICA) in Sri Lanka, Mr. Tetsuya Yamada, and Resident Representative of the United Nations Development Programme (UNDP) in Sri Lanka, Ms. Azusa Kubota along with Head of Development Cooperation, High Commission of Canada in Sri Lanka, Ms. Linda Ehrich visited the Jaffna leg of UNDPs mobile interactive…
Reuters – German container shipper Hapag-Lloyd on Thursday posted a net profit of 3.0 billion euros ($3.28 billion) for 2023, down 83% from a year earlier, and cut its dividend by 85% in what it called a challenging market environment. “We achieved the third-best Group profit in the history of our company – even if…
The President announces the handover of the “Serin River Park” environmental park in Holuvagoda to the public. President Ranil Wickremesinghe stressed the need to expand the tourism industry beyond coastal areas to strengthen the country’s economy. The President highlighted the significance of the South in driving tourism promotion within the country, particularly outlining plans to…
Rising political polarization and distrust results in gridlock on global challenges Uneven development progress is leaving the poorest behind, exacerbating inequality, and stoking political polarization on a global scale. The result is a dangerous gridlock that must be urgently tackled through collective action, according to a new report released today by the United Nations…
The Ceylon Chamber of Commerce is deeply concerned about the decision by the Cabinet of Ministers to temporarily suspend the parate execution law. While we understand that certain businesses essentially in the SME sector need to be supported in the current economic climate, providing that support in the form of curtailing credit recovery measures is…
Fitch Ratings – Near-term world growth prospects have improved and Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3pp to 2.4% in its latest Global Economic Outlook (GEO) published today. This reflects a sharp upward revision to the US growth forecast to 2.1%, from 1.2% in the December 2023 GEO. The revision…
In a step towards achieving its renewable energy targets, the Ministry of Power and Energy is set to host a significant event—the signing of a Power Purchase Agreement (PPA) for the project Apollo between Ceylon Energy Pte Ltd and the Ceylon Electricity Board. This agreement signals the beginning of a transformative project, the construction of…
SriLankan Airlines and Korean Air have officially activated a new codeshare partnership effective 15 March 2024, presenting enhanced travel options and connections for customers of both airlines travelling between Colombo and Seoul. Richard Nuttall, Chief Executive Officer of SriLankan Airlines stated: “We are delighted to launch our first-ever codeshare partnership with Korean Air, and boost…
Video Story
