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SriLankan Airlines launches flights to Paris

SriLankan Airlines, the National Carrier of Sri Lanka, and a member of the oneworld alliance unveils flights to the French capital, Paris. SriLankan‛ s new service will operate scheduled flights between Colombo‛s Bandaranaike International Airport (BIA) and France‛s Paris Charles de Gaulle Airport (CDG) from 1st November 2021. Accordingly, SriLankan would commence thrice weekly, non-stop…

(0)Comments | September 6, 2021 4:25 pm

Online Appointment System to Roll-out Sinopharm 1st Dose to 20+ Age Group for Residents in Western Province

The Information and Communication Technology Agency (ICTA), announces the online portal https://vaccine.covid19.gov.lk will accept vaccinations appointments for those above 20 years in the Western Province with effect from 6th September 2021. This initiative has been launched in close collaboration with The National Operations Centre for Prevention of COVID-19 Outbreak (NOCPCO), the Ministry of Health, the…

(0)Comments | September 6, 2021 4:07 pm

Anton expands to East Africa; steps foot in Kenya taking Sri Lankan PVC to the World

Anton, the local PVC giant made history by expanding its operations to Kenya, by exporting locally produced products to the people of Africa. Anton steps foot in Kenya amidst a very challenging time for people and businesses worldwide. However, the great feedback from partners and consumers alike has been quite commendable. “We are extremely delighted…

(0)Comments | September 6, 2021 12:49 pm

BPPL on fast growth trajectory, positions strongly for next phase of expansion

Group top and bottom-line up by 31% and 23% YoY respectively in FY 2020-21 One of Southeast Asia’s largest brush manufacturers and Sri Lanka’s pioneer in recycled plastic products, BPPL Holdings PLC, has recorded impressive improvements in all key financial indicators in the 2020-21 financial year, while strongly positioning the business for its next phase…

(0)Comments | September 6, 2021 12:43 pm

Barceló launches growth in Asia and announces two hotels in Sri Lanka

The agreement with the local group LOLC includes the management of two other resorts in the Maldives Hotel companies are beginning to dust off their expansion plans, waiting for the coronavirus crisis to be definitively controlled in the coming quarters. Barceló announced the opening of its first hotel in Sri Lanka on September 1 , as the…

(0)Comments | September 6, 2021 6:37 am

Top economists: Sri Lankan import restrictions at odds with WTO rules, hurts welfare of Sri Lankans

The Advocata Institute DeepDive Series on “ The Role of Trade in Sri Lanka’s Economic Recovery” A panel of eminent economists urged that the Government take credible and decisive action to carry out immediate trade reforms. Advocata’s Academic Chair Dr. Sarath Rajapatirana, emphasised that “Countries that have grown very fast, especially in east asia have…

(0)Comments | September 6, 2021 5:48 am

PwC and SLASSCOM  to support Sri Lankan tech companies expand into South East Asia

Given Singapore’s reputation as a regional hub with strong connectivity across South East Asia and business-friendly environment, technology companies are increasingly looking to expand into the country. As such, with the aim of helping Sri Lankan technology companies gain access to a lucrative pipeline of new customers, marketing channels and business opportunities, PwC Sri Lanka…

(0)Comments | September 6, 2021 12:05 am

IPG announces new owner for Dumballa – London-based HAMRO CEO Q Khan will own the franchise for LPL 2021

Q Khan thrilled to be owner of Dambulla Giants, a formidable team in the LPL Innovative Production Group (IPG) FZE, the official right holders of Lanka Premier League (LPL) for 2020-2024, today unveiled London-based HAMRO CEO Mr Q Khan as the new owner for the Dambulla Giants in the prestigious T20 league of the Island…

(0)Comments | September 3, 2021 1:19 pm

Debt moratorium for COVID-19 affected businesses & individuals extended till 31 December 2021

With a view to meeting the challenges faced by businesses and individuals due to the new surge in COVID-19 outbreak in Sri Lanka, the Central Bank of Sri Lanka (CBSL) directs licensed commercial banks and licensed specialized banks, (hereinafter referred to as licensed banks), to extend the debt moratorium to COVID-19 affected businesses and individuals…

(0)Comments | September 3, 2021 10:28 am

S&T Interiors awarded Rs 1.94 billion Hilton Colombo refurbishment

Hilton Colombo to radically transform guest experience with Rs. 1.94 billion room refurbishment S&T Interiors – a joint venture of the Hayleys Group and S&T Oman, announced the commencement of the Rs 1.94 billion 253 guest room refurbishment project for the Hilton Colombo. The fifteen [15] month project is expected to be completed in four…

(0)Comments | September 3, 2021 9:22 am