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UNICEF calls for more investment as South Asia remains a global epicentre for undernourished and anaemic adolescent girls and women

Despite progress, South Asia has over one third of the world’s stunted children[1] (nearly 54 million) and over 25 million children suffer from wasting. UNICEF today kicked off a three-day regional conference on nutrition in Kathmandu, Nepal with the aim of scaling up equitable nutritional care for girls and women in South Asia. Organised by…

(0)Comments | September 18, 2023 2:13 pm

PLC’s Profits Surge 80.9% in Q1, Amidst Challenging Environment

People’s Leasing & Finance PLC (PLC), a pillar of strength and stability in Sri Lanka’s financial sector, successfully concluded the 1st Quarter of the fiscal year 2023/24 with a year-on-year increase in Profit of 80.9% in the midst of a challenging economic landscape. PLC’s top line interest income recorded an impressive 10.2%, reaching Rs. 7,465…

(0)Comments | September 18, 2023 2:10 pm

From Jeans to Green: Hirdaramani’s Path to a Sustainable Fashion Industry

The journey towards ‘green jeans’ and sustainable fashion has made significant strides worldwide, and at its heart is Hirdaramani Apparel, a pioneer and trailblazer in Sri Lanka’s apparel industry. Since joining the Ellen MacArthur Foundation’s ‘The Jeans Redesign’ project in 2019, the Company’s continued commitment to sustainably manufactured jeans has been focused, committed, and authentic….

(0)Comments | September 18, 2023 2:07 pm

ADB names ComBank its ‘Leading Partner Bank’ in Sri Lanka for 3rd year

Recognises Bank for highest number of transactions in country’s trade and supply chain finance domain between 1 July 2022 and 30 June 2023 The Commercial Bank of Ceylon has once again been declared the Asian Development Bank’s (ADB’s) ‘Leading Partner Bank’ in Sri Lanka for trade and finance transactions, in a significant reaffirmation of the…

(0)Comments | September 18, 2023 1:51 pm

We Secure Ocean

As a responsible and forward-thinking organization committed to the protection of the environment, Hambantota International Port recently invested in oil spill contingency amenities to ensure that we are well-prepared for any type of emergency. Our commitment to safety and environmental preservation drives us to take these precautionary steps. By conducting periodic drills, our teams are…

(0)Comments | September 18, 2023 1:01 pm

Innovation and Leadership Take Centre Stage at the South Asia Women in E-commerce Conference

The Women in E-commerce Conference, convened by the Daraz Group, is a full-day learning experience that celebrates women business owners, entrepreneurs, innovators, change makers and leaders in the digital space. This year, the conference will be held on 27 September, the second day of the South Asia E-commerce Summit, in Colombo, Sri Lanka, and will…

(0)Comments | September 18, 2023 1:00 pm

Sri Lanka’s economy contracts by 3.1% in 2Q 2023

Issuing a communiqué, on releasing National Accounts Estimates, the DCS states that the year on year GDP growth rate for the second quarter of 2023 has been estimated as 3.1 percent of negative growth rate, against the value reported in the same quarter in the year 2022. Further, the Gross Domestic Product for Sri Lanka for the…

(0)Comments | September 18, 2023 7:47 am

Foods stalls at the Colombo Port City will be removed by March 2027 – Colombo Port City Economic Commission tells CoPF

The Members representing the Colombo Port City Economic Commission stated that the foods stalls at the Colombo Port City falls under leisure activities and will be removed by March 2027. This was stated in response to the questioning of the Committee on Public Finance as to the legality of the establishment of such food stalls…

(0)Comments | September 15, 2023 2:01 pm

Cuban and Sri Lankan Presidents Forge Stronger Ties and Mutual Support through Bilateral Talks

President, Ranil Wickremesinghe, embarked on an official visit to Cuba ahead of his participation in the G77 plus China Summit in Havana on September 15-16, hosted by Cuba as the current Chair of the G77 plus China. During his visit, President Wickremesinghe engaged in bilateral discussions with Cuban President Miguel Díaz-Canel Bermudez, reinforcing the bonds…

(0)Comments | September 15, 2023 1:47 pm

National Fuel Pass Receives Prestigious Digital Inclusion Award at GSMA M360 APAC 2023

Developed for Ministry of Power and Energy by Dialog, MillenniumIT & ICTA The GSMA M360 APAC 2023 Awards honoured Dialog Axiata PLC with the prestigious ‘Excellence in Digital Inclusion Video Award’ for its exceptional use of mobile technology in digitally advancing the nation, as exemplified through the ‘National Fuel Pass’ initiative, developed in collaboration with…

(0)Comments | September 15, 2023 1:28 pm

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