The Hambantota International Port’s (HIP) second quarter report on LPG operations records an increase of approximately 100% in volumes handled compared to 2023 numbers. Bunker volumes at the port have also increased considerably by almost 128%. Building on this success, HIP has expanded its services to accommodate diverse oil and gas operations, including LPG vessel…
Dialog Axiata PLC, Sri Lanka’s premier connectivity provider and the authorised provider for Apple, has introduced the next major advancement in eSIM technology: the eSIM Quick Transfer feature. As a first in Sri Lanka and South Asia, this revolutionary service allows iPhone and iPad users to transfer their eSIMs between devices with unparalleled ease and…
In July 1921 the Communist Party of China (CPC) took the 1st centenary goal to eradicate poverty in China by 2021. It reached the goal in 2020 & on the eve of its 103rd anniversary members celebrated with a symphony concert at the CPC Museum in Beijing. CPC statistics indicate that the Museum opened in…
The Securities and Exchange Commission of Sri Lanka (SEC) successfully hosted the International Organization of Securities Commissions’ (IOSCO) Committee on Retail Investors (Committee 8) meeting, in Colombo from 26th to 28th June 2024. IOSCO, the international body recognized as the global standard setter for financial markets regulation, brings together over 200 members from 130 jurisdictions,…
Positivity Back to June 2023 Levels – Mood of the Nation Survey by Verité Research. Over three times as many people approve of the government and feel better about the economy and the country’s economic trajectory compared to four months ago, according to the latest round of the Gallup style ‘Mood of the Nation’ poll…
Based on the joint request by Sri Lanka and Indonesia, the European Commission made a landmark decision on 9 July 2024 permitting regional cumulation between the two countries on selected textile and apparel products, when they export to the 27-member countries of the European Union under the EU Generalized Scheme of Preferences (GSP) scheme. This decision…
The High Commission of Sri Lanka in Singapore in collaboration with the National Gem and Jewellery Authority of Sri Lanka (NGJA) organized the Sri Lanka pavilion at the Singapore International Jewellery Expo (SIJE) 2024 held from 11 to 14 July in Marina Bay Sands, Singapore. Four Sri Lankan companies, namely Cara Jewellers, Ceylon Shine Gems,…
Indian Railway Catering and Tourism Corporation (IRCTC) together with Lanka Sportreizen, a leader in the leisure industry, recently launched the schedule of Buddhist Special Train (Mahaparinirvan Express). This special luxury train takes Buddhist travellers from across the globe to most of important places related to The Enlightened One’s life and teachings. Officials from the Indian…
On July 18th, 2024, Sri Lanka will host a significant event at the Temple Trees Auditorium, bringing together public and private sector leaders from various industries to address the urgent issue of developing the nation’s human capital, for a future ready workforce, at the Sri Lanka Human Capital Summit (SLHCS) 2024. The event will be…
The Board of Directors of Merchant Bank of Sri Lanka & Finance PLC (MBSL) has resolved to grant approval in principle for the proposed sale of MBSL’s entire shareholding (53.81%) in MBSL Insurance Company Limited (MBSLI). This decision was made during a meeting held on 11th July 2024. The proposed sale is contingent upon obtaining…
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