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Several estate companies have defaulted on EPF payments

Sectoral Oversight Committee on Foreign Employment & Labor reveals that several plantation companies have defaulted on EPF payments The Sectoral Oversight Committee on Foreign Employment & Labor revealed that several plantation companies have defaulted on Employees’ Provident Fund (EPF) payments and have huge arrears to the EPF. It was also revealed before the committee that…

(0)Comments | July 12, 2023 10:47 am

The purpose of the President is to create an entrepreneurial state instead of a welfare state

The ultimate goal of ‘Aswesuma’ is not to achieve a country free from poverty, but a developed country. Calling applications to select 2024 ‘Aswesuma’ beneficiaries to commence from August 1 -Social Empowerment State Minister Anupa Pasqual. President Ranil Wickremesinghe intends to create an entrepreneurial state instead of a welfare state, Social Empowerment State Minister Anupa…

(0)Comments | July 12, 2023 10:17 am

Cabinet nod to appoint IFC for divestiture of three SOEs including SriLankan

The International Finance Corporation (IFC), a member of the World Bank Group, has been appointed for the divestiture of three state-owned enterprises (SOEs). Accordingly, the Cabinet of Ministers on Monday (10 July) approved the appointment of IFC for the divestiture of Sri Lankan Airlines Limited, Lanka Hospitals Corporation PLC and Sri Lanka Telecom PLC. Meanwhile,…

(0)Comments | July 12, 2023 9:57 am

‘Master plan’ to be prepared to develop Hambantota district

The Cabinet of Ministers has green-lighted a proposal furnished by the President pertaining to the Greater Hambantota development plan. Accordingly, it has been decided to entrust the responsibility of preparing the ‘master plan’ for the development of Hambantota district to the Singapore-based urban planning company Sarbana Jurong (Pvt.) Limited. The government said this is the…

(0)Comments | July 12, 2023 8:52 am

Emirates launches regional charter service offering flexibility and comfort for short trips

Emirates has launched an on-demand regional charter service, offering flexibility, convenience, privacy and comfort for customers who want to make short trips in the GCC from Dubai’s Al Maktoum International Airport (DWC). Operated by the airline’s Phenom 100 twin-engine aircraft, customers can fly to a wide range of GCC destinations both within and outside of…

(0)Comments | July 11, 2023 4:35 pm

Hayleys Fentons ICT and NEC Japan Launch Groundbreaking Event to Drive Hospitality Innovation in Sri Lanka

Aims to revolutionize the way technology drives hospitality experiences Unveiled “Smart Hospitality” trends, including Smart Check-in Expected benefits include up to 15% increase in revenue generation for hotels Hayleys Fentons ICT, Sri Lanka’s pioneering PABX (Private Automatic Branch Exchange) communication system service provider, joined forces with NEC Japan, a multinational technology and electronics corporation, to…

(0)Comments | July 11, 2023 3:49 pm

Port City Set to Redefine Sri Lanka’s Hospitality Landscape, Showcased at SEAHIS 2023

The South East Asia Hotel Investors Summit (SEAHIS) 2023, a prestigious gathering of leading investors, industry leaders and experts recently took place in Bangkok, Thailand. Among the distinguished speakers at the event was Thulci Aluwihare, the Deputy Managing Director of Port City Colombo, who delivered an informative keynote presentation on Sri Lanka’s untapped potential, its…

(0)Comments | July 11, 2023 3:17 pm

Cinnamon Air to Launch Scheduled Flights to Jaffna from Colombo

Cinnamon Air, Sri Lanka’s premier domestic airline, recently announced the launch of scheduled flights to Jaffna, which will provide travellers with easy access transport to the most popular city in the northern region of the island along with an exceptional travel experience. Scheduled flights to Jaffna will commence from 16th June 2023, with weekly departures…

(0)Comments | July 11, 2023 12:10 pm

Cross border co-operation is key to stopping illegal migration

This is a joint release between the Australian Border Force, Sri Lanka Navy, and Sri Lanka Police. Australia’s commitment to stopping illegal people smuggling has been reinforced this week in a visit to Colombo by Commander Joint Agency Task Force Operation Sovereign Borders, Rear Admiral Justin Jones, CSC, RAN. The visit follows an Operation Sovereign…

(0)Comments | July 11, 2023 10:29 am

Sri Lanka to focus on energy, port projects with India during presidential visit

Reuters – Sri Lanka is likely to discuss energy, power and port projects during a presidential visit to New Delhi next week, the foreign minister said on Monday, as India tries to push forward stalled initiatives with its crisis-hit neighbour. India’s support was critical for Sri Lanka last year after it almost ran out of…

(0)Comments | July 11, 2023 9:17 am

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