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…
Freightos (NASDAQ: CRGO), a leading vendor-neutral booking and payment platform for the international freight industry, today announced a partnership of WebCargo by Freightos with Fits Cargo, an innovative carrier that combines a physical airline operation and interline agreements with over 160 airlines. This collaboration enables Fits Cargo to extend its service across WebCargo’s extensive network of…
For the ninth consecutive year, IFC partnered with the Colombo Stock Exchange (CSE) and global partners to ‘Ring the Bell for Gender Equality.’ Aligned with International Women’s Day, the annual global initiative promotes women’s participation in the economy for inclusive and sustainable growth. Increasing women’s economic participation and achieving gender parity in leadership are two…
The capital market regulator, Securities and Exchange Commission of Sri Lanka (SEC) has appointed two experienced and talented professionals to head its HR function and drive the institution’s organisation transformation agenda. The two positions are Director and Assistant Director of HR & Organisation Transformation. The new Organisation Transformation function augments the existing Human Resources department…
Sri Lanka is poised to benefit from the global trend towards electric vehicles (EVs), leveraging its top-quality vein graphite crucial for EV battery manufacturing. The country’s commitment to sustainability and quality standards places it strategically in the non-China graphite export market, boosted by US industrial policies favouring domestic assembly and non-China sources. A new IPS…
The visiting delegates of the International Monetary Fund (IMF) held a discussion on Tuesday (March 12) at the Ministry of Power and Energy to review the progress of Ceylon Electricity Board (CEB) and the Ceylon Petroleum Corporation (CPC) operations and commitments. The delegation led by Peter Breuer, IMF Senior Mission Chief for Sri Lanka, has…
By Chaya Dissanayake Sri Lanka faces a high-risk situation with the looming threat of a potential future pandemic. A recent IPS study reveals that the Sri Lankan apparel sector, particularly women workers, bore the brunt of the COVID-19 pandemic, with 24% of women not recalled for work during the pandemic’s initial phase. Urgent streamlining of…
Talawakelle Tea Estates won the coveted ‘Best Corporate Citizen Sustainability Award 2023’ at the twentieth Best Corporate Citizen Sustainability Awards organised by the Ceylon Chamber of Commerce. Aitken Spence and Nestlé Lanka were adjudged the first and second runners up respectively. The annual BCCS Awards is the premier corporate citizenship award, and highlights sustainability champions…
Cleantech (Pvt) Ltd., Sri Lanka’s leading provider of integrated waste management solutions, recently announced their partnership with CodeGen International for the responsible disposal of electronic waste (e-waste) for companies Vega Innovations, Codegen, Elektrateq, and Voltmotive. It reinforces Cleantech’s commitment to offering environmentally friendly solutions for the IT industry and its ongoing pursuit of a more…
Unveils New Brand Identity and Showcases Unmatched Diversity in Sri Lanka The ITB Berlin Convention, the world’s leading travel industry think tank, recently concluded its 2024 event, where over the course of three days, top international Travel and Tourism industry thought leaders gathered to discuss the latest trends, innovations, and developments, and to debate the…
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