C. W. Mackie PLC, one of Sri Lanka’s leading and longest-standing diversified conglomerates, published its integrated annual report for the 22/23 financial year, highlighting the Company’s resilience during a period defined by unprecedented challenges to register its best financial results in over a century of operation. “In what has become a benchmark year of financial…
Sri Lanka Tourism held three roadshows showcasing its high potential as an important travel destination for Australian Tourists to spend their dream holiday during the Winter season. These Roadshows are scheduled in three main Australian cities, namely Perth, Melbourne and Sydney. The first roadshow was held at the Pan Pacific hotel in Perth on the…
Sri Lanka Tourism Promotion Bureau, in collaboration with Airport and Aviation Services organized a special ceremony to celebrate 100,000 tourist arrivals from Russian Federation through direct flights. This was held at the BIA on 17th July by welcoming the passengers and crew arrived by Aeroflot flight from Moscow. A total of 100,298 Russian tourists were…
The Batticaloa branch of the Colombo Stock Exchange (CSE) was opened by the CSE Chairman, Mr. Dilshan Wirasekera, on the 17th of July 2023, with the participation of investors, Stockbroker Firm representatives, CSE CEO, Mr. Rajeeva Bandaranaike, CRO Mr. Renuke Wijayawardhane, Senior Management, and staff. The Batticaloa Branch is CSE’s 10th regional branch office. It…
The Ceylon Chamber of Commerce is concerned about recent developments in the healthcare sector, particularly regarding the quality of pharmaceutical products procured for the public healthcare system. While the shortage of essential medicines has stemmed from the economic crisis, it persists due to the lack of a robust and transparent procurement system. We recommend that…
2618 tourists arrived at the Hambantota International Port (HIP) in June, on board the MV Empress of Cordelia Cruises. The cruise liner, which made 4 calls at HIP within the month, carries tourists from the Chennai Port on scheduled tours. The ship calls at 4 ports in Sri Lanka i.e. Hambantota, Trincomalee, Colombo and KKS. …
Reuters – U.S. Treasury Secretary Janet Yellen said on Sunday she was “eager” to work with China on areas of mutual interest, including debt restructurings for poorer countries, and that multilateral development banks needed reforms before capital increases could be considered. At a press conference before a meeting of Group of 20 finance ministers and…
The company promotes IP protection, striking a balance between technology innovation and adoption Huawei, one of the world’s largest patent holders, announced royalty rates for its handsets, Wi-Fi, and Internet of Things (IoT) patent license programs on 13 July 2023. “Huawei is willing to share cutting-edge innovations in the form of patents with the world,”…
With a population of 1.4 billion and among the fastest growing economies in the world, Sri Lanka is in a vantage position to benefit and learn from the world’s 6th largest economy. Within India, Sri Lanka should further strengthen its strategic relationship with the Tata Group. The visit by Tata Sons Chairman Natarajan Chandrasekaran to Sri Lanka…
Fastcorp Pte Ltd, a leading Singapore-based corporate services provider with over 20 years of experience in incorporation in Singapore, has partnered with Tiruchelvam Associates Sri Lanka to present a free webinar on Incorporating in Singapore – a Sri Lankan perspective. The webinar will take place on Friday the 21st of July 2023 at 3.30pm via…
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