Aitken Spence Travels, the foremost destination management company in Sri Lanka, welcomed the inaugural special charter flight from Uzbekistan for the Winter 2023/24 season to the Mattala Rajapaksa International Airport (MRIA) recently. Operated by ‘Uzbekistan Airways’, the national career of Uzbekistan, the flight brought nearly 200 Uzbek holidaymakers to Sri Lanka. Throughout their stay, the…
TIN number is effective from February 01 – Says State Minister for Finance Ranjith Siyambalapitiya. State Minister for Finance Ranjith Siyambalapitiya emphasised that while Sri Lanka has 01 million individuals with the financial capacity to pay income tax, only 500,000 are presently meeting this obligation. State Minister stressed the importance of incorporating the remaining 500,000…
(Reuters) – Japan restated the importance for early completion of signing of a Memorandum of Understanding (MoU) between Sri Lanka and creditor nations on debt restructuring, after an agreement was reached in principle late last year. It also emphasized the need to ensure transparency and comparability in agreements with creditors outside the Official Creditor Committee…
The Japan-Sri Lanka Economic Cooperation Policy Dialogue – 2024 was held on January 05, 2024 at the Ministry of Finance in Colombo. The forum was in order to exchange views on matters pertaining to the Japanese funded project portfolio, exploring future developments, and prospective economic cooperation between Japan and Sri Lanka going forward. The Japanese…
On 30th December 2023, the Hambantota International Port (HIP) proved itself as the fastest growing RO-RO transshipment port in the region. With 700,000 transshipment vehicles handled, the port marked a significant 26% increase from 2022 figures. The milestone figure was achieved with Glovis vessel MV. HAE SHIN V.003B handling 3626 units for transshipment to Ulsan…
Aitken Spence PLC has a Public Private Partnership with Fiji Ports Corporation (FPCL) and Fiji Ports Terminals Ltd (FPTL). The Shareholders of Fiji Ports Corporation are, The Ministry of Public Enterprises in Fiji, Aitken Spence PLC (ASPLC) and Fiji National Provident Fund (FNPF). Photo – Dividend Cheque from the Hon. Prime Minister of Fiji, Sitiveni…
New Delhi (CNN) — Gautam Adani has had a good start to 2024. After a tumultuous year, the Indian tycoon has just retaken his former position as Asia’s richest man, according to the Bloomberg Billionaires Index. The founder of the sprawling Adani Group is now worth $97.6 billion, which makes him the 12th wealthiest person on the planet….
The Sri Lanka Gem and Jewellery Association (SLGJA), in collaboration with the National Gem and Jewellery Authority (NGJA) and the Export Development Board, is thrilled to announce the inauguration of the 30th edition of FACETS Sri Lanka, Asia’s premier gem and jewellery exhibition. The grand inauguration ceremony took place on the 6th of January 2024…
The Securities and Exchange Commission (SEC) has approved a regulatory framework to facilitate the issuance and listing of Infrastructure Bonds on the Colombo Stock Exchange (CSE). This landmark decision by the SEC is aimed at fostering both foreign and local investments in infrastructure projects that will contribute to the economic development and well-being of the…
By Dr. Roshan Rajadurai, Media Spokesperson of the Planters’ Association of Ceylon ‘Tyranny is the deliberate removal of nuance’ – Albert Maysles Few sectors are as emotionally and politically charged as the Sri Lankan plantation industry. Media often portrays the “estate sector” as the single-most impoverished, malnourished, and lacking in basic amenities, often holding RPCs…
Video Story
