The official transfer of grants from the Government of Japan to Sri Lanka through the United Nations World Food Program for various critical initiatives took place Monday (10) at the Presidential Secretariat. Mr. Komura Masahiro, the Deputy Minister of Foreign Affairs of Japan, and Mr. Mitsukoshi Hideki, the Japanese Ambassador to Sri Lanka, graced the…
Celebrating the 60th anniversary of the National Lottery Board (NLB), a special event took place today (10) at the Presidential Secretariat, presided over by President Ranil Wickremesinghe. During this occasion, the NLB introduced two new lottery ticket offerings, namely ‘Mega Millions’ and ‘Mega 60,’ into the market. Additionally, checks were awarded to the recipients of…
Bloomberg – China said one of its financial institutions has reached a preliminary agreement with Sri Lanka on resolving China-related debt, a potentially major step toward resolving the South Asian nation’s fiscal woes. The deal involving Export-Import Bank of China was reached late last month, Chinese Foreign Ministry spokesman Wang Wenbin said Tuesday at a…
The pharmaceutical Sector has been identified as one of the promising and emerging sectors in Sri Lanka, not only to be developed as an import substitution industry but also as an export oriented industry which could earn and save foreign currency. Considering the importance of strengthening the Pharmaceutical industry and increasing the sector’s contribution to…
In a significant development, the Cabinet of Ministers has green-lighted the proposal to take measures to enact necessary legal provisions so that the medical degrees offered by foreign universities among the international rankings from No. 01 to 1000 can be accepted in Sri Lanka. In May 2023, the Cabinet of Ministers approved the appointment of…
The Sri Lanka Retailers Association (SLRA) is proud to announce its upcoming role as the host nation for the highly anticipated Federation of Asia-Pacific Retailers Association (FAPRA) Head of Delegations Meeting, scheduled to take place at the prestigious Cinnamon Grand Colombo from October 18th to October 20th, 2023. The primary aim of the Sri Lanka…
Beats terminals in China, Indonesia and Thailand to win coveted AFLAS award in Under 4 million TEUs category Colombo International Container Terminals (CICT) has been declared the Best Container Terminal in Asia in 2023 in the Under 4 million TEUs category, winning the coveted title for the seventh consecutive year. CICT’s impressive triumph on the…
Palali International Airport operations have demonstrated notable success – Minister Nimal Siripala De Silva. In a significant development, Sri Lanka’s aviation sector has reported a substantial profit of Rs. 22 billion in the period spanning from January to August 2023, said Minister of Port, Shipping and Aviation Mr. Nimal Siripala de Silva, during a news…
The Sri Lanka firms of the PwC network have announced their decision to exit the network. The firms intend to join the Deloitte network, with effect from 28 October 2023. Further, it has been mutually agreed that PwC Sri Lanka will leave the PwC network as of 27 October 2023. The PwC network and the…
The Centre for Child Rights and Business in Sri Lanka is brewing a transformation in the tea industry as it prepares to host its annual “Co-Creating a Family-Friendly Tea Industry” conference on October 17, 2023, under the theme ‘Dignity’, in the capital of Colombo. Supported by Save the Children’s Country Office in Sri Lanka and…
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