An innovative initiative pioneered by Mastercard, City Possible™ will further the development of Port City Colombo as a world-class offshore SEZ for South Asia. Mastercard and Colombo Port City Economic Commission today announced the signing of a Memorandum of Understanding (MoU) to collaborate by leveraging Mastercard’s City PossibleTM platform for the development of Port City…
Aitken Spence was recognised among the Top 10 Most Admired Companies of Sri Lanka organised by AICPA & CIMA and ICCSL (International Chamber of Commerce Sri Lanka). The top 10 included the most elite corporates in Sri Lanka. The gala event was attended by Colombo’s top corporate leaders as well as diplomats from several Embassies….
In a collaborative effort to advance Sri Lanka’s export industry, the Sri Lanka Shippers’ Council (SLSC) convened with the Export Development Board (EDB) to address industry critical issues and outline strategies to enhance the nation’s export capabilities. Attended by the Chairman of the SLSC Mr. Sean Van Dort and Chairman of the EDB Dr. Kingsley…
The Hambantota International Port (HIP), in a bid to expand its marine services, has deployed 2 additional boats to their existing fleet that’s available for hire by local service providers engaged in offering crew changes, bunker and draft surveying, a platform for technical support in Underwater inspections, Underwater and afloat repairs, propeller cleaning, supply of…
Chairman of the Sectoral Oversight Committee on Food Security and Agriculture, Member of Parliament Mr. D. Weerasinghe said that they have already proposed a national policy for agriculture to regulate the usage, quality and price of chemical fertilizers and seeds imported to the country based on experimental data carried out for several decades. He also…
(Bloomberg) – Sri Lanka expects to forge major deals in its debt restructuring this month as the International Monetary Fund (IMF) conducts the first review of its USD 3 billion loan program. Legislators this week are likely to pass a bill amending tax laws, clearing a legal hurdle and allowing a domestic bond swap to be…
Former CBO of Google X, regarding Sri Lanka upon his recent visit to the country Cinnamon Hotels and Resorts hosted Mo Gawdat, the former Chief Business Officer of Google X and Best-selling author, at Cinnamon Lakeside Colombo last week to enlighten a Sri Lankan audience of IT specialists, businessmen, professionals, and corporates on the future…
With a rich heritage spanning 68 years, and a strong commitment to customer-centric solutions, DFCC Bank is at the forefront of providing tailored support to address the special needs of the corporate sector and support Sri Lanka’s economic recovery. In an exclusive interview, Sohantha Wijesingha – Senior Vice President and Head of Corporate Banking at…
SriLankan Airlines has become a hero to over 40 Sri Lankan migrant workers who are stranded in Dubai without the means to purchase an air ticket to return home, by coming to their rescue. SriLankan will be working closely with the Consulate General of Sri Lanka in Dubai to help these Sri Lankans out of…
Minister of Transport, Highways and Mass Media Dr. Bandula Gunawardena said that investors have been allowed to purchase 200 electric buses for operation in the Western Province. The minister also pointed out that this program will be implemented in accordance with the world agreement where all public transportation worldwide will be free from fossil fuels…
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