DIMO, a leading diversified conglomerate in Sri Lanka, is outlining plans to continue to enhance its marine solutions in the Maldives. As the Authorized Service Dealer for MTU, DDC marine engines in both Sri Lanka and the Maldives, DIMO is set to focus more on foreign vessels, super luxury yachts and resort owners through its…
hSenid Business Solutions (hBS) reported yet another favourable earnings result for the period ended 30 September 2022, with strong growth across the key business segments and regional operations. Net profits for the quarter came in at LKR 58.0 million, compared to a profit of LKR 15.3 million in the corresponding quarter of the previous financial…
BPPL Holdings PLC announced its unaudited financial results for the three month period July to September 2022. Net earnings for the quarter were Rs.223 million or Rs. 0.73 per share, up by 75% compared to the corresponding period in the previous year where the net earnings were Rs.127 million. YoY revenue growth was 49% to…
Perceived Economic Opportunity Index 2022 [PEOI] Q1: July 01 to September 30, 2022 The Foundation of Economic Freedom in Sri Lanka (FEFSL) presents here a summary of perceptions of the people of Sri Lanka about their own and the nations’ future as at the end of the third quarter of 2022. This forward-looking monthly nation-wide…
A trade adjustment program for domestic industries to match the competitiveness of international trade Government’s focus on improving export-oriented foreign direct investment The President emphasized on the need to gradually liberalize the service sector to attract Foreign Direct Investment into the country and to take steps to gain membership in the Regional Comprehensive Economic Partnership…
At the end of last year, port congestion caused severe disruptions in global supply chains,, and most stores were out of stock during the Black Friday and Christmas, the peak selling season. However, the practice of automation and intelligence innovation from the ports in China is expected to solve this dilemma. On the port’s visitor…
To create a better world through marketing The Electronic World Marketing Summit (eWMS) which was founded by Professor Philip Kotler in 2010 with the objective of creating a better world through marketing, will be held virtually on the 6th and 7th of November, 2022 with the theme ‘Marketing Changes to Meet Sustainability Goals’. The summit,…
The National Training for Women Entrepreneurs on Promoting Business through E-Commerce and Digital Marketing, initiated by the Sri Lanka Embassy and Permanent Mission to UNESCAP in Thailand and jointly organised with the South and South-West Asia Office of the Economic and Social Commission for Asia and the Pacific (UNESCAP) in New Delhi (ESCAP-SSWA) and seven prime…
The Embassy of Sri Lanka in France successfully attended a Sri Lanka tourism promotion awareness event on 04 October from 7.00 pm to 9.00pm in Paris organized by PONANT, a French cruise ship operating company and tour operator in France. The company was founded in 1988 and operates tourism cruise ships under the French flag….
The Government of the Islamic Republic of Iran, together with the Iranian Red Crescent, donated an urgently required consignment of essential medicines and other medical supplies to Sri Lanka at a ceremony held at the Red Crescent Office in Tehran on 03 November 2022. The total value of the medicine consignment is over SLR 108,123,522…
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