Parliament Passes 42 New Laws in the Last 14 Months. Expectation of 62 Additional Laws to be Presented to Parliament. Adopting Globally Recognized Laws Vital for National Progress. Introducing Public Finance and Debt Management Acts. New Legislation Targeting Education and Healthcare Sectors. Parliament Has Authority to Revoke President’s Executive Powers, But Not Its Own. Prioritizing…
Optimistic on future SLT-MOBITEL forecasts The SLT Group’s financial results for the fourth quarter and financial year ending December 31, 2023, reflects a downturn in performance amidst a turbulent macro-economic environment in the country. For 4Q 2023, SLT Group reported a year-on-year consolidated revenue degrowth of 7.5% amounting to LKR 26 billion compared to LKR…
Sharing experiences on NDC implementation in partnership with Japan 16 countries from Africa, Europe and Central Asia, Africa and Arab State regions have gathered in Colombo, Sri Lanka for a global exchange workshop on climate action. The gathering begins today and will last until March 7. The aim of the workshop is for countries to…
Sri Lanka Tourism Promotion Bureau with the support of the European Union (EU) launched a wellness tourism campaign with the objective of positioning Sri Lanka as a premier wellness destination specially targeting German and French markets. This initiative underscores Sri Lanka’s unparalleled wellness offerings, such as authentic Ayurveda, Yoga, meditation, Pancha Karma, and Hela Wedakama,…
The Sri Lanka Export Development Board (EDB) with the assistance of the Sri Lanka Embassy in UAE and the Sri Lanka Consulate General in Dubai made arrangements to organize Sri Lanka participation at 30th edition of the Dubai International Boat Show (DBIS) held from 28th February – 3rd March 2024 in Dubai, UAE. The Boat…
Sri Lanka Tourism is all set to give it’s best at the ITB Berlin this year, which will kick off on the 5th of March 2024 and continue till 7th March 2024 at Messe Berlin, Germany. The Island paradise will showcase all its Tourism Products to lure the International tourists to come and have an…
Bill McRaith and Shrihan Perera fortify top textile manufacturer’s corporate leadership Teejay Lanka PLC has announced the appointment of two eminent apparel industry personalities, Messrs. Bill McRaith and Shrihan B. Perera as independent, non-executive directors, effective 1st March 2024. Recently retired after an illustrious career of more than three decades in the global apparel and…
Bloomberg – Sri Lanka is seeking a five-month hold on a lawsuit filed by a bondholder over the country’s historic debt default, telling a New York federal judge that it wants more time to negotiate with private creditors. The island nation was sued in July 2022 by Hamilton Reserve Bank Ltd., which sought full payment…
Holland America Line is set to sail one of its most ambitious Grand World Voyages in 2026. The meticulously planned 132-day cruise will span all seven continents, including a special four-day Antarctic Experience. Details were announced today by President Gus Antorcha to 2024 Grand World Voyage guests aboard Zuiderdam, which is currently sailing in between Okinawa and Tokyo. The Grand World…
With a history of over 45 years, the Expolanka Group today has transformed itself into a leading logistics company with an international presence spanning 39 countries. Being a supply chain specialist, the company is one of the leading service providers to the export industry in Sri Lanka and generates a significant share of its earnings…
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