Viability of green hydrogen being assessed as an alternative energy source for CGD consumers ATGL will use latest technologies to blend green hydrogen with natural gas for over 4,000 Home and Commercial PNG customers during the pilot phase Project will enhance existing infrastructure, diversify energy mix, develop hydrogen ecosystem and reduce CO2 emission by…
The country has made strides in overcoming challenges; the journey is not yet complete – Says President at Sanasa National Conference2023. President Ranil Wickremesinghe emphasized that, despite the country’s progress from past challenges, the journey is not yet complete. He stated that in order to achieve the desired goals, everyone must move forward with great…
In a landmark address at the 58th Annual General Meeting of The Hotels Association of Sri Lanka (THASL) held yesterday (27) at Shangri-La Hotel, Colombo, President Ranil Wickremesinghe outlined a comprehensive strategy to propel the country’s tourism sector to new heights. Focused on surpassing the target of 5 million tourists and redefining traditional approaches, the…
Dialog Axiata PLC, the first telecommunications service provider in the South Asian region to demonstrate 5G capabilities in 2018, has enabled over 200K Sri Lankans to experience the power of 5G on Dialog’s 5G Trial network. Customers connecting to Dialog’s 5G trial network can get the opportunity to experience the extraordinary potential of 5G technology,…
The Government of Sri Lanka is planning to borrow USD 60 million from the Asian Development Bank (ADB) under the Second Integrated Road Investment Program (Tranche 4) to finance carrying out the critical works of the already commenced and incompleted road sections of the overall Integrated Road Investment Program to improve road safety and minimize…
Internationally acclaimed Celebrity Chef and former MasterChef Australia judge, Gary Mehigan, has officially arrived in Sri Lanka for a highly anticipated three-day culinary extravaganza, presented in partnership with Cinnamon Hotels & Resorts. The culinary maestro landed at the Bandaranaike International Airport late last night (27th), where he was warmly welcomed with a traditional Sri Lankan…
A new IPS study highlights the critical role of public investment in achieving Sustainable Development Goals (SDGs) in Sri Lanka. The study reveals that bridging the SDG financing gap is vital, with an estimated additional investment requirement of USD 1.4 trillion, equivalent to 12.5% of GDP by 2030. Policymakers must create an enabling environment for…
Browns Investments PLC has announced the completion of its acquisition of Kenyan tea estates business James Finlay Kenya from Finlays. The sale was first announced in May 2023, with Finlays selecting Browns Investments PLC as the approved buyer based on what it said as its strong legacy of guiding its tea estates to continued growth,…
The Ceylon Chamber of Commerce will host the Sri Lanka Economic Summit 2023 on November 28th and 29th at the Shangri-La Hotel, Colombo, with President Ranil Wickremesinghe attending as the Chief Guest. The inauguration will also feature a Keynote Address and Fireside Chat with Mr. Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission of…
(Reuters) – Sri Lanka on Monday approved a proposal by China’s Sinopec (600028.SS) to build a $4.5 billion refinery, its energy minister said, making it the largest single investment in the island nation since a crippling economic crisis last year. The cabinet approval cleared the state-owned refiner to finalise project details and sign an agreement with the…
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