The United States Agency for International Development (USAID)’s Partnership for Accelerating Results in Trade, National Expenditure, and Revenue (PARTNER) activity, with the Ceylon Chamber of Commerce (CCC), have completed an on-the-job coaching program for 50 Development Officers (DOs) attached to the Sri Lanka Export Development Board (SLEDB). At an award ceremony on 18th January 2024,…
The Prime Minister of Thailand, Srettha Thavisin will undertake a two-day official visit to Sri Lanka from 03 – 04 February 2024 at the invitation of President Ranil Wickremesinghe, the Ministry of Foreign Affairs said. The Thai Prime Minister will participate in the ceremony to mark the 76th Anniversary of the Independence of Sri Lanka…
Reuters – A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group (3333.HK), a move likely to send ripples through China’s crumbling financial markets as policymakers scramble to contain a deepening crisis. Justice Linda Chan decided to liquidate the world’s most indebted developer, with more than $300 billion of total liabilities, after noting…
As part of its ongoing transformation, which aims to improve the company’s overall financial performance and fortify its position in an increasingly competitive market, Oman Air has announced several strategic changes to its network. These include the addition of a new route, Sialkot, as well as the cancellation of operations to Islamabad, Lahore, Colombo and…
One of Sri Lanka’s leading private hospitals, Nawaloka Hospitals PLC is pleased to announce the release of its Annual Report for the fiscal year 2022-2023. We are proud to inform our investors and stakeholders that we have successfully resolved the disclaimer points raised in the previous report and have ensured that our current year accounts…
The “Sri Lanka Conversational Commerce Market Intelligence and Future Growth Dynamics Databook – 75+ KPIs on Conversational Commerce Trends by End-Use Sectors, Operational KPIs, Product Offering, and Spend By Application – Q2 2023 Update” report has been added to ResearchAndMarkets.com’s offering. The dynamic sphere of conversational commerce in Sri Lanka is undergoing rapid growth, with a robust surge in market size…
President Directs Acceleration of Galle City Development Plan Under Unified Organizational Structure. President Attends Galle Literary Festival. President Ranil Wickremesinghe has decided to establish a special commission to expedite the development of Galle. During an inspectional tour yesterday (27), the President visited Galle City and the Galle Fort area, inspecting ongoing development activities. He expressed…
The world’s largest cruise ship has set sail from Miami, Florida, on its maiden voyage, but there are concerns about the vessel’s methane emissions. BBC – The 365m-long (1,197 ft) Icon of the Seas has 20 decks and can house a maximum of 7,600 passengers. It is owned by Royal Caribbean Group. The vessel is…
The new service will start on February 5 Danish shipping company Maersk has increased its focus on the Indian sub-continent and the Middle East to address the challenge in the Red Sea and Suez Canal. It will launch a weekly Chennai service and a new Arabian Sea service. It will introduce a new container service…
Expolanka Holdings PLC announced its financial results for the third quarter ending 31 December 2023, delivering a resilient performance, and leveraging its strengths despite global economic headwinds and uncertainty. The Group reported a Revenue of Rs. 66.8 billion for the quarter and Rs. 183.9 billion for the nine months ending 31 December 2023. Gross Profit…
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