Development of CWIT will support the growth of the Sri Lankan economy S. fund will support development of deepwater shipping container terminal in the Port of Colombo Will facilitate private sector-led growth and attract crucial foreign exchange to Sri Lanka to aid in its economic recovery S., Sri Lanka and India to foster an enduring…
The fourth session of the Sri Lanka Economic Summit 2023 conducted by The Ceylon Chamber of Commerce on 28th and 29th November will explore the most effective means to achieving consensus to sustain reforms and growth”. Session 4 will delve into topics including the cost of corruption to businesses and the public, the incorporation of…
Sri Lanka’s largest conglomerate John Keells Holdings PLC has released its interim financials for the second quarter of 2023/2024. Summarised below are the key operational and financial highlights of our performance during the quarter under review: During the quarter under review, the Group’s businesses, except for Transportation and Property, recorded growth in profitability. Group EBITDA…
Report unveiled during 78th UN General Assembly Talawakelle Tea Estates (TTE PLC), a Hayleys Plantations company, has earned prestigious recognition as the sole representative from Sri Lanka to be featured in the United Nations Global Compact-Accenture Global Private Sector SDG Stocktake Report 2023. The report, unveiled during the 78th UN General Assembly, acknowledges exemplary contributions…
On 28 and 29 October 2023, the Consulate General of Sri Lanka in Milan hosted the first ever ‘Sri Lankan Festival in Milan’ at Parco Sempione, Milan, under the patronage of the Municipal Council of Milan and in collaboration with the Sri Lanka Tourism Promotion Bureau. The event was a celebration of Sri Lankan heritage…
Reuters – Chinese financial institutions lent $1.34 trillion to developing countries from 2000 to 2021, U.S. researchers at AidData said in a report that showed the world’s biggest bilateral lender switching from infrastructure to rescue lending. While lending commitments peaked at almost $136 billion in 2016, China still committed to almost $80 billion of loans…
A delegation led by Lord Davies of Abersoch, UK Prime Minister’s Trade Envoy to Sri Lanka and His Excellency Andrew Patrick, British High Commissioner to Sri Lanka visited Unilever Sri Lanka’s factory in the Horana BOI Zone recently to experience the facility’s advanced capabilities in manufacturing, social and environmental governance. The esteemed delegation was given…
MAS Holdings, a global leader in apparel manufacturing, commemorates a significant milestone: 20 years of the Women Go Beyond (WGB) initiative. Established in 2003, WGB has been instrumental in empowering women within MAS and its communities worldwide, challenging conventions, and championing resilient women. Over the past two decades, it has made a profound impact, supporting…
SL is begging for wealth. Some citizens suffer in the Middle East to help the effort while others (& some media) make & market internal conflicts to earn wealth. Some import SL conflicts for domestic use. Those who count the number of Chinese ships coming to SL don’t talk about the money ships bring as…
hSenid Business Solutions (hBS) announced its earnings results for the period ended 30 September 2023, reporting a total revenue of LKR 400.3 million for the concluded quarter. The primary driver of revenue growth can be attributed to the success of the PeoplesHR Cloud business, which accounts for 56 percent of company revenues. A majority of…
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