Reuters – Global payments processors Visa (V.N) and Mastercard (MA.N) are planning to increase fees that many merchants pay when they accept customers’ credit cards, the Wall Street Journal reported on Wednesday. The fee increases are scheduled to start in October and April, according to the report, which cited people familiar with the matter and documents viewed by the WSJ….
The Airlines’ latest global promotions endeavour spotlights Jaffna, the country’s vibrant North SriLankan Airlines, the National Carrier and a prestigious oneworld member, as a prime promotor of country’s tourism, launched its latest campaign ‘The Colours of Jaffna.’ Considering the potential of the country’s vibrant north, rich with striking architecture, vibrant cultural characteristics, and the quintessential…
In a recent dialogue, COYLE (Chamber of Young Lankan Entrepreneurs) expressed its interest in fostering closer ties with the People’s Republic of China, and sought Chinese support to help drive an economic recovery in Sri Lanka. The conversation, which involved plenty of back and forth, with both sides presenting their views and concerns, centred around…
Sri Lanka takes a significant leap towards gender equality and global technological leadership as the Information and Communication Technology Agency of Sri Lanka (ICTA) proudly represents the nation at the Women in Cyber Fellowship 2023 hosted at the United Nations Headquarters in the USA. Ms. Chadika Yahampath, Senior Manager of Capacity Building at ICTA, has…
President Ranil Wickremesinghe, addressing the Forum on Sri Lanka Sustainable Development Trajectories & Pathways, expressed unwavering confidence in Sri Lanka’s potential to develop independently and alleviate the burden on external assistance. “I think we in Sri Lanka should no longer think of asking others for help. But let’s make it on our own as many…
Rs. 4.395 billion has already been credited to the bank accounts of 689,803 beneficiaries. The funds required for the rest will be released promptly. All inquiries can be made through the hotline number 1924. Will not hesitate to initiate legal action against those who submit false information- State Minister Shehan Semasinghe. Minister of State for…
-Total value of prizes exceeds Rs. 2 million -Fifth edition attracts 77 teams. -ZeroBeta wins overall competition. -Nithya Partners and Acuity Knowledge Partners secure second and third places respectively. The Fifth Edition of Sri Lanka’s only capital market quiz, CSE Masterminds 2023 organized by the Colombo Stock Exchange (CSE), was held recently at Shangri-La Colombo…
Going to the ends of the Earth in a quest for the best entertainment is nothing new for Emirates ice, and this time the award-winning inflight entertainment system will feature a live interview with UAE astronaut Dr Sultan AlNeyadi, chatting about his ‘inflight experience’ in space – as he fearlessly floats 400 kilometres above our…
Reuters – Asia’s top refiner, Sinopec Corp , is not interested in acquiring Shell’s refinery or petrochemical plant in Singapore although it is keen on participating in a shale gas project in Saudi Arabia, the Chinese company’s president said on Monday. Sinopec President Yu Baocai was speaking after sources last week told Reuters that Shell (SHEL.L) had…
Sri Lanka’s Export Performance in July 2023 Sri Lanka’s merchandise exports increased by 2.18 % to US$ 1,027.2 Million in July 2023 compared to June 2023 as per the provisional data released by the Sri Lanka Customs. However, it is a 11.79 % decrease when compared to the value recorded in July 2022. This declining…
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