Port City Colombo announced that China Duty Free (CDF) and One World Duty Free (ODF) have been granted status as Businesses of Strategic Importance (BSI) by the Cabinet, according to an official Cabinet media statement released on 10th July 2024. This approval paves the way for the commencement of travel retail operations at the upcoming…
The head office will be opened by the President in Karandeniya, Galle. If the country is not moved forward through a correct economic system, the gains will be lost. Cinnamon cultivation will be improved in the country and the export economy will be strengthened – President. Mr. Ranil Wickramasinghe stated that if the country is…
The High Commissioner of Sri Lanka to Singapore Senarath Dissanayake met Minister for Communications and Information of Singapore Josephine Teo on 01 July 2024 and exchanged views on shared common interests on the digital front, including AI. The High Commissioner briefed the Minister on the recent Fintech delegation visit to Sri Lanka to explore possible…
MillenniumIT ESP, a leading provider of enterprise technology solutions, is excited to announce a significant change in its leadership, ushering in a new and promising era for the company. This strategic shift is driven by a transition in Ambeon Group which further strengthens MillenniumIT ESP’s international growth strategy by bringing in the expertise of a…
Subsequent to the announcement of its initial public offering (IPO) recently, Cable Solutions Limited (CSLK) – one of Sri Lanka’s leading specialised integrated cable manufacturers – successfully concluded its Investor Forum on the 9th of July 2024. Held as a virtual event, with participants from across the world, the Investor Forum was attended by industry…
Ceylon Curry Club, a member of the Citrus Group and Sri Lanka’s premier restaurant for contemporary Sri Lankan and fusion cuisine, was honoured to be invited for a 2nd time to India’s biggest pre-wedding celebration, ahead of the nuptials of Anant Ambani and Radhika Merchant. The restaurant’s exotic culinary creations were featured at the main…
Comfort meets sustainability in Business Class as SriLankan Airlines introduces new eco-friendly pillow covers and headrest covers (antimacassars) made from recycled PET plastic (rPET). This progressive move underscores the airline’s commitment to reducing its carbon footprint as a sustainability-forward organization, while continuing to provide customers with the highest standards of quality. The new amenities are…
The Sri Lanka Association of Software and Services Companies (SLASSCOM) the chamber for knowledge and innovation, proudly announces the appointment of Nishan Mendis as its new Chairman for the term 2024/2025. Nishan, a seasoned leader in the IT/BPM industry, brings with him a wealth of experience and a vision to elevate Sri Lanka as a…
Reuters – Sri Lanka’s parliament approved amendments to a decades-old law on Tuesday to allow Elon Musk’s Starlink, the satellite unit of SpaceX, to set up operations in the South Asian island nation. Sri Lanka’s parliament passed the new telecommunications bill, which amended the existing law for the first time in 28 years, without a…
A comprehensive policy document titled ‘Vision 2030’, prepared by the Ceylon Chamber of Commerce, to guide Sri Lanka towards sustainable and inclusive development by 2030 was presented to President Ranil Wickremesinghe today (09) at the Presidential Secretariat. This document outlines a strategic roadmap for Sri Lanka to achieve sustainable and inclusive development by the year…
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