The Planters’ Association of Ceylon (PA) called on Government and Public Health officials to ensure that estate-sector workers made a top priority in the COVID-19 vaccination drive, given their essential contributions to the national economy. In a backdrop where COVID-19 cases are once again on the rise both locally and globally, while preparations are already…
WindForce Limited, the latest company to list on the Colombo Stock Exchange, acquired Solar Universe (Pvt) Ltd, which has won a tender to develop a 10MW solar power plant in Vavunathivu. Solar Universe is owned in conjunction with Vidullanka PLC and HiEnergy Services (Pvt) Ltd, where each of the three shareholders own an equal stake…
The tourism industry connoisseurs – Uga Escapes, Walkers, and Taru Villas have joined hands with SriLankan Airline’s leisure arm – SriLankan Holidays to establish a multi-brand collaboration and partnership to add value to their customers’ holiday experience. These collaborative partnerships intend to promote domestic and inbound tourism through packaged holidays and thereby revive the national economy which has been battered by the coronavirus pandemic….
Rs 41.748 billion withdrawn in 15 days with daily average of Rs 2.78 billion Rs 8.82 billion dispensed on April 9 and 10 The automated teller machine (ATM) network of Commercial Bank of Ceylon dispensed a record Rs 8.818 billion on 9th and 10th April 2021, shattering the previous records for the highest…
The Angel Fund has announced a Rs. 10 million investment in Niftron, a blockchain-as-a-service (BaaS) platform that aims to make blockchain simpler and more affordable for businesses at all levels and industries. The Angel Fund was established by the Lanka Angel Network (LAN) with the support of ecosystem development partner Ford Foundation and aims to…
Veemansa Initiative, an independent think tank recently held a Webinar on the proposed Colombo Port City Economic Commission Bill and related subjects. Based on the deliberations at the webinar and the follow-up analysis, it was evident that the Colombo Port City Project, a 100% foreign investment venture plans to attract a diverse group of secondary…
Despite the ongoing pandemic situation, Sri Lanka Tourism is continuing to proceed with its effort to encourage more tourist arrivals to the country, aligning to the health protocols, and ensure that it is a safe and a secure country to travel. Sri Lanka has seen a growing number of tourist arrivals since the tourism re…
The Embassy of Sri Lanka in Germany initiated and facilitated the signing of a MOU between the Information and Communication Technology Agency (ICTA) of Sri Lanka and ENPACT e.V. in Berlin, Germany, which represents the Berlin Senate’s startup initiative “AsiaBerlin”, on 08 April 2021, with a view to fostering a strong bridge between Berlin, the…
On 8 April 2021, Ambassador Dr. Palitha Kohona met the Deputy Governor of Henan He Jinping and the Deputy Mayor of Zhengzhou, Wu Fu Min. He was received warmly. The Deputy Governor detailed the current economic performance of the rich Henan province. He stated that its historical and current strategic strength as a vital railway…
The Sri Lankan Rupee has further appreciated against the US Dollar with the buying rate of the dollar dropping to Rs. 187.93 on Monday (19), according to Central Bank’s daily exchange rates. The selling rate of the US dollar has meanwhile reached Rs. 191.97 while this is the first time the selling rate has dropped…
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