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Oman Air Suspends Flights to Colombo

As part of its ongoing transformation, which aims to improve the company’s overall financial performance and fortify its position in an increasingly competitive market, Oman Air has announced several strategic changes to its network. These include the addition of a new route, Sialkot, as well as the cancellation of operations to Islamabad, Lahore, Colombo and…

(0)Comments | January 29, 2024 11:34 am

Nawaloka Hospitals PLC Resolves Disclaimer Points, Presents Strong Financial Performance in Annual Report 2022-2023

One of Sri Lanka’s leading private hospitals, Nawaloka Hospitals PLC is pleased to announce the release of its Annual Report for the fiscal year 2022-2023. We are proud to inform our investors and stakeholders that we have successfully resolved the disclaimer points raised in the previous report and have ensured that our current year accounts…

(0)Comments | January 29, 2024 11:33 am

Conversational Commerce in Sri Lanka Set to Surge: Market Poised for Growth – Forecasts to 2028

The “Sri Lanka Conversational Commerce Market Intelligence and Future Growth Dynamics Databook – 75+ KPIs on Conversational Commerce Trends by End-Use Sectors, Operational KPIs, Product Offering, and Spend By Application – Q2 2023 Update” report has been added to ResearchAndMarkets.com’s offering. The dynamic sphere of conversational commerce in Sri Lanka is undergoing rapid growth, with a robust surge in market size…

(0)Comments | January 29, 2024 10:52 am

Special Commission for Galle Development

President Directs Acceleration of Galle City Development Plan Under Unified Organizational Structure. President Attends Galle Literary Festival. President Ranil Wickremesinghe has decided to establish a special commission to expedite the development of Galle. During an inspectional tour yesterday (27), the President visited Galle City and the Galle Fort area, inspecting ongoing development activities. He expressed…

(0)Comments | January 29, 2024 8:24 am

Icon of the Seas: World’s largest cruise ship sets sail from Miami

The world’s largest cruise ship has set sail from Miami, Florida, on its maiden voyage, but there are concerns about the vessel’s methane emissions. BBC – The 365m-long (1,197 ft) Icon of the Seas has 20 decks and can house a maximum of 7,600 passengers. It is owned by Royal Caribbean Group. The vessel is…

(0)Comments | January 28, 2024 8:56 pm

Maersk to introduce Chennai service linking Ennore, Colombo and ports in Middle East

The new service will start on February 5 Danish shipping company Maersk has increased its focus on the Indian sub-continent and the Middle East to address the challenge in the Red Sea and Suez Canal. It will launch a weekly Chennai service and a new Arabian Sea service. It will introduce a new container service…

(0)Comments | January 26, 2024 5:15 pm

Expolanka Holdings demonstrates resilience in Q3 FY24, navigates challenging macroeconomic conditions

Expolanka Holdings PLC announced its financial results for the third quarter ending 31 December 2023, delivering a resilient performance, and leveraging its strengths despite global economic headwinds and uncertainty. The Group reported a Revenue of Rs. 66.8 billion for the quarter and Rs. 183.9 billion for the nine months ending 31 December 2023. Gross Profit…

(0)Comments | January 26, 2024 3:33 pm

President vows to facilitate meeting with the IMF for clarification of doubts or alternative proposals

Political parties must formulate comprehensive plans for nation-building when gearing up for elections. President extends appreciation to the Customs Department for the customs revenue collected in 2023. To enhance the anticipated government revenue, the customs service needs to operate more efficiently. Modernization measures for state revenue-generating institutions, including customs, in the near future. President Ranil…

(0)Comments | January 26, 2024 2:47 pm

ComBank enhances airport lounge access for premium credit card holders

The Commercial Bank of Ceylon has announced an enhancement of the complimentary airport lounge access available to holders of premium segment credit cards issued by the Bank. The Bank-driven initiative will result in holders of Commercial Bank Visa Infinite credit cards enjoying up to four complimentary visits per year to airport lounges around the world,…

(0)Comments | January 26, 2024 2:30 pm

Saudi Arabia to get first alcohol shop in more than 70 years

BBC – Saudi Arabia has said it will open a shop in Riyadh selling alcohol to a select band of non-Muslim expats, the first to open in more than 70 years. The clientele will be limited to diplomatic staff, who have for years imported booze in sealed official packages known as diplomatic pouches. Saudi officials…

(0)Comments | January 26, 2024 12:10 pm

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