In a strategic move to revitalize Sri Lanka’s domestic economy, the government is placing a strong emphasis on two key components: expanding supply capacity and broadening market access. This multifaceted growth strategy aims to propel the nation toward economic recovery. As part of this endeavour, Sri Lanka is not only looking to strengthen its ties…
Sri Lanka’s Ornamental Fish industry received a much-needed boost from the EDB Ornamental Advisory Committee meeting, which was held recently at the EDB. Chaired by Mr. Sathyendra Wijayapura, Chairman / Ornamental Fish Advisory Committee and attended by Dr. Kingsley Bernard, Chairman / Sri Lanka Export Development Board, prominent figures from the industry, including leaders from…
24 hour cycle race includes Tour De France Stage Winner, RAAM Finisher Promotes sports tourism opportunity & brand marketing platform The 24 hour international bicycle race – Race The Pearl – is back with a collective of riders from the USA, UK, Australia, Germany, France, Netherlands, Belgium, India and Sri Lanka. Tour De France Stage…
Union Bank has issued a statement referring to the proposed acquisition of Culture Financial Holdings Ltd. (a substantial shareholder of shares in Union Bank) by CG Capital Partners Global Pte. Ltd. that was announced in December 2022. On 24 October 2023, the Board of Directors of Union Bank received formal notification that the transaction has…
SAF will be used to power flights from Amsterdam Schiphol and Singapore Changi airports Emirates and Neste have expanded their partnership by solidifying their collaboration for the supply of over 3 million gallons of blended Neste MY Sustainable Aviation Fuel in 2024 and 2025. The sustainable aviation fuel (SAF), which will be blended with conventional…
US Ambassador Julie Chung met with Sri Lanka’s Central Bank Governor, Dr. Nandalal Weerasinghe, today (25). During their meeting, Ambassador Chung extended her congratulations on the IMF’s staff-level agreement, marking progress in Sri Lanka’s effort to secure the second IMF installment. She reinforced the need for fairness in Sri Lanka’s debt restructuring, emphasizing equal and…
The BOI, keeping with its strategic planning goals of attracting more digital and technology-driven FDI with Salus Safety Robotics Pvt Ltd a subsidiary of Salus Safety Inc., a South Korean company with over three decades of industry experience, is introducing its latest venture, Salus Safety Robotics Pvt Ltd, a pioneering company newly established in Sri…
By Nilupulee Rathnayake Having weathered a challenging period marked by a deep economic crisis, Sri Lanka is now demonstrating positive signs of an economic upturn. Still, amidst limited homefront policy alternatives against an unfavourable global backdrop, a critical question arises: how will Sri Lanka’s external sector cope in the face of these challenges? Notably, import…
A Memorandum of Understanding between EEIQ’s EduGlobal College and Apex Ed also Anticipated to Accelerate Recruitment in the Sri Lankan Market EpicQuest Education Group International Limited (NASDAQ: EEIQ), (“EpicQuest Education”, “EEIQ” or the “Company”), a provider of comprehensive education solutions for domestic and international students seeking college and university degrees in the US, Canada and the UK, today announced…
Sri Lanka Tourism collaborated with Qatar Airways to promote Sri Lanka for British Travelers for Winter 2023/24. Sri Lanka Tourism Promotion Bureau, under The Ministry of Tourism & Land joined hands with Qatar Airways- PR office for UK and Europe to invite Britain’s mainstream newspapers including The Sun, The Independent, Daily Mail, Daily Mirror, Daily…
Video Story
