Sri Lanka is a small island with not much resources but an energetic & talented population of approx. 22 million. They include a variety of shapes, colours & sizes. Preventing conflicts among them & preparing them to match global acceptance levels is the challenge. During the pre colonial era the masses weren’t exposed to the…
Group reports annual profit of AED 10.9 billion (US$ 3.0 billion), a new profit and revenue record and a significant turnaround from last year Group revenue of AED 119.8 billion (US$ 32.6 billion) increased by 81% with strong customer demand worldwide with almost all travel restrictions removed. Ends year with highest-ever cash balance of AED…
The Ministry of Investment Promotion recently appointed Country Representatives in selected countries. While Country Representatives had been appointed to India, Malaysia, United Arab Emirates, South Korea, Maldives, Qatar and Great Britain as of March 1st 2023, Japan became the latest addition. Mr. Sajeev Rajaputhra was appointed as the first Country Representative of Sri Lanka to…
Finally, the fruitful dialog between The Katana Al Obadani Apparels Company Managing Director and the State Minister of Investment Promotion resulted in a positive outcome and avoid international PR downfall for the “Made in Sri Lanka” Brand. According to the Minister, “it is not only damage control yet it has given an opportunity to the…
Meta, the company behind popular social media platforms Facebook and Instagram, is dedicated to creating a safe and positive online environment for people of all ages in Sri Lanka, with a particular focus on fostering the well-being of young users. As part of this commitment, Meta works closely with experts in mental health, child psychology,…
President Ranil Wickremesinghe instructed the relevant officials to amend the existing ordinances regarding lands to suit the current development needs. The President also informed to appoint a suitable committee to speed up the work. President Ranil Wickremesinghe issued these instructions during a discussion held at the Presidential Secretariat yesterday (10) evening, on amending the provisions…
When the civil war in Sri Lanka ended in 2009, the apparel sector was one of the first industries to enter the Northern Province, hoping to infuse much-needed investment to rebuild the community. Over a decade later, the apparel industry remains the only large manufacturing sector that has ventured north to set up large-scale operations…
“Our university is always looking to add value, and I believe this will be an excellent opportunity to collaborate on projects with more industrial partners.” – Vice Chancellor, University of Moratuwa “It is crucial to promote financial literacy among Sri Lankans, especially among undergraduates, who are a key segment of the population equipped in contributing…
Sri Lanka’s central bank chief has assured that the stability of the country’s banking system will be safeguarded and the protection of the public deposits, regardless of any kind of domestic debt optimization to be conducted. Speaking during a public lecture on “State of the Economy: Challenges and Outlook as Reflected in the Central Bank…
The group of sixteen social media influencers arrived in the Sri Lanka on an invitation by Sri Lanka Tourism Promotion Bureau and Sri Lanka Embassy in France on 29th April 2023 and concluded the trip on 9th May 2023. Social Media influencers, while exploring Sri Lanka, promoted the highlights of their journey on their digital…
