Providing Japanese Yen Five Hundred and Three Million (Approximately LKR 1.3 bn) Project Grant Assistance from Japan International Cooperation Agency (JICA) for the Project for the Improvement of Infectious Waste Management “Ensure healthy lives and promote well-being for all at all ages” is one of the Sustainable Development Goals targeted to substantially reduce the number…
The Colombo Stock Exchange (CSE) is pleased to announce the introduction of listing and trading of Green Bonds for the first time in the Sri Lankan stock market, with effect from 25th April 2023. Under the Green Bonds concept, proceeds are invested exclusively in green projects that generate climate or other environmental benefits, for example…
Portfolio concentration is a big reason for Berkshire Hathaway’s long-term success. For nearly six decades, Berkshire Hathaway (BRK.A0.37%) (BRK.B0.53%) CEO Warren Buffett has been making his shareholders decisively richer. Berkshire’s Class A shares (BRK.A) have doubled up the total annualized return of the S&P 500, including dividends, since he became CEO (19.8% vs. 9.9%). The…
Tech investor Chamath Palihapitiya, who previously claimed bitcoin has replaced gold and would eventually get to $200,000, now says “crypto is dead in America.” “The United States authorities have firmly pointed their guns at crypto,” Palihapitiya said on the latest episode of the All-In podcast. The SEC has ramped up its enforcement of the crypto…
On April 24th China celebrated its Space day in Hefei, Anhui Province. Main focus of the event was to carry forward the Chinese dream of atomic & space technology. The next steps of the manned spaceflight, lunar exploration, & BeiDou Navigation Satellite system in the coming decades is another focus. To coincide with the event…
Producing specialised gloves for leading global brands across 10 sports Eco-friendly facility fulfils requirements for platinum LEED certification Up to 60% of raw materials sourced locally including recycled PET fabrics Global pioneers in sustainable integrated glove manufacturing, Dipped Products PLC (DPL), a subsidiary of the Hayleys Group, commenced commercial operations at its state-of-the-art manufacturing plant…
The Lanka Premier League (LPL) is back and better than ever with its upcoming 4th edition set to take place from 30th July to 20th August, 2023. This year, the matches will be played both in Colombo and Kandy, featuring five teams: Galle Gladiators, Dambulla Aura, Lyca Jaffna Kings, Colombo Strikers and Kandy Falcons –…
The Embassy of Sri Lanka in Brussels hosted a workshop titled “Welcome Back to Sri Lanka” for tourism promotion in the Belgian travel market at the Press Club in Brussels on April 20, 2023, with the participation of over 80 guests comprising tour operators, travel agents, travel bloggers, social media influencers, travel journalists, media professionals,…
Ambassador Dr. Palitha Kohona declared open a centre to promote cooperation between Chinese and Sri Lankan Traditional Medicine in Wudangshan at a conference of TCM practitioners. Wudangshan is a key centre of the Daoist tradition of China and many assert that the Dao philosophy is a central influence in China’s traditional medicine system. Daoism advocates…
Sri Lanka’s most innovative bank, HNB PLC’s commitment to banking excellence and its resilient performance over the past year, helped to secure a Top 5 position on Business Today Top 40 for 2022. “Over the past 4 years, Sri Lanka has been challenged and tested like never before. HNB’s performance in that time is a…
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