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HIP welcomes VIP delegation from ASEAN

A VIP delegation from the Association of Southeast Asian Nations (ASEAN) visited the Hambantota International Port on Saturday, 24th September to familiarise themselves with the port’s facilities and services offered. The delegation consisted of Dato’ Tan Yang Thai, High Commissioner of Malaysia, Dewi Gustina Tobing, Ambassador of Indonesia, Ho Thi Thanh Truc, Ambassador of Vietnam…

(0)Comments | September 29, 2022 1:00 pm

President Wickremesinghe meets Philippine President

President Ranil Wickremesinghe said that the long-standing friendship between Sri Lanka and the Philippines would be promoted by developing Asian regional cooperation. The president said this during his meeting with the President of the Philippines Ferdinand R. Marcos in Manila this morning (29). The Philippine President accorded a rousing welcome to President Wickremesinghe upon his…

(0)Comments | September 29, 2022 12:36 pm

SriLankan Aviation College Successfully Concludes Training for Helitours

SriLankan Airlines’ training academy, SriLankan Aviation College, recently concluded training on Dangerous Goods Regulations – Categories 6, 10 and 11 for the technical crew and security staff of Helitours, the commercial air arm of the Sri Lanka Air Force. SriLankan Aviation College’s training programme on Dangerous Goods Regulations and its panel of instructors are certified…

(0)Comments | September 29, 2022 11:30 am

‘‘Driving local manufacturing to uplift domestic economy and national workforce’’

Singer (Sri Lanka) is a key player in the local manufacturing segment with a legacy of more than 6 decades. Singer claims the honors for introducing the world-renowned Singer sewing machines back in 1960s in their own factory at Ratmalana.  Since then, Singer has gone from strength to strength in the local manufacturing segment with…

(0)Comments | September 29, 2022 11:02 am

US Deputy Chief of Mission calls on BOI Chairman

Deputy Chief of Mission (DCM) of the U.S. Embassy Doug Sonnek paid a courtesy visit to Board of Investment (BOI) Chairman Raja Edirisuriya on Monday (26) where the discussions revolved around the BOI’s efforts to attract Foreign Direct Investment and boost exports, which are critical to Sri Lanka’s economic recovery. The duo also discussed structural…

(0)Comments | September 29, 2022 10:37 am

HOPE worldwide makes a generous in-kind donation to Sri Lanka

Consequent to the request made by the Embassy of Sri Lanka in Washington, D.C., and under the purview of His Excellency Ambassador Mahinda Samarasinghe, HOPE worldwide, a leading international humanitarian organization in the United States, has facilitated a generous in-kind donation of urgent medicinal supplies worth $2,740,498.32 USD, an estimate of 1,017,958,100.964 LKR to the people of Sri Lanka. In response to serving the materially poor, sick and suffering…

(0)Comments | September 29, 2022 9:44 am

India’s Adani Group to invest over $100 billion in next decade

India’s Adani Group will invest more than $100 billion over the next decade, most of it in the energy transition business, its Chairman Gautam Adani said on Tuesday, as the ports-to-energy conglomerate accelerates an already aggressive expansion plan. After founding the group in 1988 as a commodities trading business, the 60-year-old has ventured into multiple…

(0)Comments | September 28, 2022 5:44 pm

Bank of England to start unlimited bond purchases to stabilise market

LONDON, Sept 28 (Reuters) – The Bank of England said on Wednesday that it would buy as many long-dated government bonds as needed between now and Oct. 14 to stabilise financial markets, and added that it would postpone next week’s start of its gilt sale programme. “Were dysfunction in this market to continue or worsen,…

(0)Comments | September 28, 2022 4:31 pm

IMF openly criticises UK government tax plans

The International Monetary Fund has openly criticised the UK government over its plan for tax cuts, warning that the measures are likely to fuel the cost-of-living crisis. BBC – In an unusually outspoken statement, the IMF said the proposal was likely to increase inequality and add to pressures pushing up prices. Markets have already raised…

(0)Comments | September 28, 2022 4:15 pm

Meta’s Annual Marketing Summit is coming to Sri Lanka to help businesses get future-ready 

Meta, formerly known as the Facebook company, is expanding its annual Marketing Summit tomorrow, 29 September, to more countries in Asia Pacific, including Sri Lanka. The Summit will bring together global and regional leaders to explore and discuss technologies and trends impacting our businesses today. The theme for this year’s Marketing Summit is ‘Where today…

(0)Comments | September 28, 2022 12:29 pm

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