Simply join Emirates Skywards, even while inflight Emirates latest Wi-Fi enhancement sees an additional 30,000 Economy Class passengers connect weekly for free A recent enhancement to Emirates’ inflight connectivity means that all Emirates passengers in every class of travel can enjoy some form of free connectivity once they sign up to Emirates Skywards. The development…
The leading blue-chip conglomerate, Aitken Spence PLC reported an impressive EBITDA (earnings inclusive of equity accounted investees, before interest expenses, tax, depreciation, and amortization) of Rs. 30.1 billion with a growth of 30.3%, showcasing the contribution from all sectors for the year ended 2022/2023. It is noteworthy that excluding foreign exchange gains, The Group’s EBITDA…
President Ranil Wickremesinghe expressed his regret to the Japanese Government for the suspension of the Colombo Light Rail Transit (LRT) project, which was being implemented with Japanese support. During the official meeting in Tokyo this morning (25) between President Ranil Wickremesinghe and Japanese Prime Minister Fumio Kishida, the President emphasized the need for future legislation…
President Ranil Wickremesinghe took the stage at the ‘Nikkei Forum: Future of Asia’ held in Tokyo, Japan today (25). During his address, the President emphasized the Government’s approach to the Indian Ocean and Asia-Pacific regions. In the presence of esteemed world dignitaries, including the Deputy Prime Ministers of Singapore and Vietnam, President Wickremesinghe highlighted the…
The International Labour Organization (ILO), in collaboration with the Central Bank of Sri Lanka, the Office of the Governor of the Northern Province, and the Ceylon Chamber of Commerce, successfully organized a national policy symposium focused on promoting youth entrepreneurship and generating greater private sector investments in Sri Lanka. With a regional and sectoral focus,…
Crisis-stricken Sri Lanka should be able to conclude newly launched debt restructuring talks by September, or November at the latest, its president said on Thursday, adding that the negotiations had made “remarkable” progress. Sri Lanka secured a $2.9 billion bailout from the International Monetary Fund in March and has previously said it aims to complete talks on…
Nikkei Asia – Sri Lanka’s President Ranil Wickremesinghe said he intends to apply for membership in the Regional Comprehensive Economic Partnership (RCEP) trade bloc, as his South Asian country strives to rebuild its crisis-hit economy. Wickremesinghe told Nikkei’s Future of Asia forum on Thursday that Sri Lanka would look to join RCEP “with the aim…
Reuters – Crisis-stricken Sri Lanka should be able to conclude newly-launched debt restructuring talks by September, or November at the latest, its president said on Thursday, adding that the negotiations had made “remarkable” progress. Sri Lanka secured a $2.9 billion bailout from the International Monetary Fund in March but must set up a debt restructuring framework by…
SL is in an economic crisis. Many say it’s due to the shortsighted financial management since independence. Shortsighted public elected those who promised free delivery resulting in the crisis. The officials also should be held responsible for implementing policies looking only at the pension. The need of the hour is investments from outside. Some think…
Reuters – Japanese Prime Minister Fumio Kishida will meet Sri Lanka’s president on Thursday as the South Asian nation looks to bolster efforts to restructure its debt and repair an economy deeply scarred by a severe financial crisis. Kishida’s meeting with President Ranil Wickremesinghe comes days after the International Monetary Fund (IMF) called for achieving…
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