Hunas Holdings PLC yesterday (27) announced a landmark partnership with Azotels, a company owned and managed by the ‘Hotelier of the Century’, Adrian Zecha. The partnership will see Azotels developing the present Hunas Falls Hotel into a high-end luxury hotel with villas, whilst also undertaking the management of the establishment, which is guaranteed to bring…
The United Nations Population Fund-UNFPA congratulated Sri Lanka on its achievements in developing robust national evaluation capacities, at the policy, institutional, and professional levels. This was stated when President Ranil Wickremesinghe met with a delegation of UNFPA officials, including Mr Marco Segone, Director of the Evaluation Office of the United Nations Population Fund, at the…
JOHANNESBURG, March 28 (Reuters) – China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount soaring in recent years as more have struggled to repay loans spent building “Belt & Road” infrastructure, according to a study published Tuesday. Almost 80% of the rescue lending was made between 2016 and…
TikTok is the target of the USA lead anti China lobby in the past few days. USA has informed Chinese owners of the app to sell their shares or risk being banned in USA as it seems to be concerned about the security of the users of the app. However, they seem to be not…
Minister of Power and Energy Kanchana Wijesekera says the Cabinet of Ministers has granted approval to award licenses to China’s Sinopec, Australia’s United Petroleum and RM Parks of the USA, in collaboration with multinational oil and gas company – Shell plc, to enter the fuel retail market in Sri Lanka. In a twitter message, he…
The London College of Fashion (LCF), University of the Arts London (UAL) students recently presented their groundbreaking use of blockchain technology in a handloom craft showcase in collaboration with Selyn, Sri Lanka’s pioneer in fair trade handloom manufacture. The launch event, held at the exclusive SOOK 42 South Molton Street in London, aimed to celebrate…
The Women Entrepreneurship Development Programme organized by the Sri Lanka Export Development Board (EDB) was focused on the theme “Branding through Packaging” to support women led businesses in Sri Lanka. The program aimed at enhancing their knowledge on product branding and packaging to help them to enter the international market. The EDB collaborated with Slick,…
To expand the reach of small and medium enterprises (SMEs), including women-owned small businesses, the International Finance Corporation (IFC) is supporting the Commercial Bank of Ceylon (CBC) launch a digital marketplace in Sri Lanka, helping business owners connect with more customers locally and abroad. Named Commercial Bank LEAP, this one-of-its-kind initiative, which is supported under…
The Chairman, Securities and Exchange Commission of Sri Lanka (SEC), Mr. Faizal Salieh, met with representatives of the stock broking industry on 20thMarch 2023 at the SEC and deliberated issues that currently impact the capital market and the way forward. Director General, SEC Mr. Chinthaka Mendis, Chairman, Colombo Stock Exchange (CSE) Mr. Dilshan Wirasekara, Chief…
The CFA Society Sri Lanka is to host a knowledge-sharing webinar in association with Dialog Enterprise under the theme “ChatGPT: Exploring the Buzz, the Evolution and the Prospects in Finance and Investments” on Tuesday, 4th April 2023 3.00 p.m. to 4.30 (SL Time). The main backdrop of the webinar is the emergence of ChatGPT and…
Video Story
