Ms. Safa Sharif A. Khaliq, the Chief Executive Officer of “Export Bahrain” together with Ms.Zainab Matrook from Marketing & Promotions section of “Export Bahrain” met Dr. Kingsley Bernard, Chairman & Chief Executive Officer of Sri Lanka Export Development Board (EDB) on 08th January 2024. This official meeting was initiated by H.E H.M.G.R.R.K.Wijeratne Mendis, The Ambassador…
The shares of Cargills Bank Limited (CODE: CBNK-N-0000) commenced trading on the Colombo Stock Exchange (CSE) on 09th January 2024. The shares have been listed on the Main Board of the CSE under the ‘Diversified Banks’ sector. The occasion was marked with a special Bell Ringing Ceremony. The company’s Initial Public Offering (IPO) for 62.5…
In alignment with its commitment to preserving Sri Lanka’s cultural identity, Heritance Hotels and Resorts, the flagship brand of Aitken Spence Hotels, proudly announces its collaboration with the Galle Literary Festival (GLF) 2024. This partnership takes the form of a captivating discussion led by esteemed architects Channa Daswatte, Sunela Jayewardene, and Johann Peiris. As a…
State Minister for Finance, Mr. Ranjith Siambalapitiya, emphasized the strict enforcement of laws to eradicate the trade mafia generating profits without registering with the Inland Revenue Department. He also outlined the government’s plan to expand the tax base, anticipating a rise in the direct tax percentage to 40%. These remarks were made during his participation…
(Reuters) – Sri Lanka’s central bank is considering moving towards a single policy rate mechanism to ensure better signaling of its monetary policy stance, Governor P. Nandalal Weerasinghe said on Wednesday. Weerasinghe made the comment while announcing the annual policy statement for 2024. The central bank currently directs policy using two interest rates – the…
State Minister for Livestock Development, D.B. Herath, stated that the Department of Agriculture is currently implementing measures to empower small and medium-scale farmers in producing an excess of liquid milk required by the country. Additionally, the State Minister noted that negotiations with the French government have taken place to open two more liquid milk factories…
TIN Registration in Sri Lanka Explained: The Tax Identification Number (TIN) has become a widespread topic of discussion across the country, and a considerable amount of misinformation is circulating on this matter. It’s essential to clarify that possessing a TIN doesn’t automatically imply liability for tax payment. Instead, it provides individuals with convenient access to…
SriLankan Airlines has begun the global roll out of its New Distribution Capability (NDC) agents booking portal SriLankan Direct Connect starting with India enabling travel agents, convenient direct access to the airline’s reservation system and an array of other benefits. The NDC platform is a breakthrough travel industry-supported program by the International Air Transport…
FitsAir, Sri Lanka’s leading low-cost airline, is proud to announce a significant enhancement to its service offerings by obtaining approval for inflight self-catering. This strategic move aligns with the airline’s vision to offer low-cost international travel. FitsAir’s Inflight Catering Services prioritise affordability and variety, providing passengers with wallet-friendly meal choices that won’t strain their budgets….
A proposal to establish a University of Science and Technology, in collaboration with a university based in the United States of America, has been approved by the Cabinet of Ministers. The relevant received the green light at a Cabinet meeting held on Monday (08 Jan.). As per the proposal presented by the President, the said…
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