Cordelia Cruises and Advantis announced a partnership to attract tourists to Sri Lanka and elevate the industry. Under the partnership, Advantis Travel and Aviation will operate as the General Sales Agent while Advantis Group subsidiary Clarion Shipping will serve as Port Agent for the cruise line in Sri Lanka. Cordelia Cruises President and CEO, Jurgen…
Thaala Bentota, formerly known as Avani Bentota, proudly unveils its rebranding, marking a new era of excellence in Sri Lankan hospitality. This momentous occasion celebrates the transformation of a cherished destination into a haven where rhythm, nature, and luxury intertwine to create an unforgettable experience. This exciting transformation brings forth a fresh creative philosophy while…
Sri Lanka’s Export Performance in April 2023 Sri Lanka’s merchandise exports decreased by 16.15 % to US$ 814.1 Million in April 2023 compared to April 2022. Moreover, it is a 0.5 % decrease when compared to April 2021. Declining trend in merchandise exports further continues due to the negative trends shown in major export products….
Moose Clothing Company is proud to announce their partnership with Sri Lanka Cricket as they sealed the rights as the Official Cricket Clothing Sponsor for the period of 2023–27. Under the new partnership, Moose will provide official cricket clothing for Sri Lanka’s national teams during the upcoming tournaments, covering all formats of the game, including…
Simply join Emirates Skywards, even while inflight Emirates latest Wi-Fi enhancement sees an additional 30,000 Economy Class passengers connect weekly for free A recent enhancement to Emirates’ inflight connectivity means that all Emirates passengers in every class of travel can enjoy some form of free connectivity once they sign up to Emirates Skywards. The development…
The leading blue-chip conglomerate, Aitken Spence PLC reported an impressive EBITDA (earnings inclusive of equity accounted investees, before interest expenses, tax, depreciation, and amortization) of Rs. 30.1 billion with a growth of 30.3%, showcasing the contribution from all sectors for the year ended 2022/2023. It is noteworthy that excluding foreign exchange gains, The Group’s EBITDA…
President Ranil Wickremesinghe expressed his regret to the Japanese Government for the suspension of the Colombo Light Rail Transit (LRT) project, which was being implemented with Japanese support. During the official meeting in Tokyo this morning (25) between President Ranil Wickremesinghe and Japanese Prime Minister Fumio Kishida, the President emphasized the need for future legislation…
President Ranil Wickremesinghe took the stage at the ‘Nikkei Forum: Future of Asia’ held in Tokyo, Japan today (25). During his address, the President emphasized the Government’s approach to the Indian Ocean and Asia-Pacific regions. In the presence of esteemed world dignitaries, including the Deputy Prime Ministers of Singapore and Vietnam, President Wickremesinghe highlighted the…
The International Labour Organization (ILO), in collaboration with the Central Bank of Sri Lanka, the Office of the Governor of the Northern Province, and the Ceylon Chamber of Commerce, successfully organized a national policy symposium focused on promoting youth entrepreneurship and generating greater private sector investments in Sri Lanka. With a regional and sectoral focus,…
Crisis-stricken Sri Lanka should be able to conclude newly launched debt restructuring talks by September, or November at the latest, its president said on Thursday, adding that the negotiations had made “remarkable” progress. Sri Lanka secured a $2.9 billion bailout from the International Monetary Fund in March and has previously said it aims to complete talks on…
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