In a bid to support the revival of tourism in Sri Lanka, the Dentsu Grant Group Sri Lanka and Dentsu India have joined hands to gift an integrated marketing campaign titled; “And you thought you knew Sri Lanka” to the tourism industry. The campaign was created specially targeting the younger Indian tourist market for The…
Aitken Spence Travels (AST) welcomed a charter flight from Bulgaria on 02nd March 2023 to the Mattala Rajapaksa International Airport (MRIA) with 200 holiday makers. The visitors from Bulgaria will be discovering Sri Lanka with excursions to explore the vivid culture of the country including Kandy city, the cultural triangle, Pinnawela, the misty mountains of…
President Ranil Wickremesinghe has announced that a foundation is presently being established to advance Sri Lanka’s economy to a global level over the next five years by implementing green economic policies. The President made this statement while attending the ceremony held Thursday (02) for the opening of Volta Auto Tec Engineering Private Limited, Minneriya. As…
Investment Promotion State Minister Dilum Amunugama recently appointed country representatives to six countries in a bid to disseminate actual facts about Sri Lankan image to potential investors and promote the country as the premier destination for investment. The country representatives, who are well-experienced personnel in diverse sectors, will represent Sri Lanka in countries such as India,…
SriLankan Airlines welcomed the first major group of leisure travellers from China to Sri Lanka after the Chinese authorities relaxed outbound travel restrictions. The group consisting of 120 tourists arrived on UL1881 last night, 2 March 2023, from Guangzhou on an eight-day tour.
Reuters – Countries in debt distress such as Zambia and Sri Lanka turning to the International Monetary Fund (IMF) for financial help are facing unprecedented delays to secure bailouts as China and Western economies clash over how to provide debt relief. IMF funding is often the sole financial lifeline available to countries in a debt…
The Sri Lankan Rupee (LKR) has further appreciated against the US dollar (USD) today (02 March), with the buying rate reaching Rs. 343.97 and the selling rate declared as Rs. 356.73. The Sri Lankan Rupee yesterday (01 March) marked a record high against the USD, with the buying and selling rates dropping to Rs. 351.72…
Bloomberg — Borrowing costs hovering at two-decade highs to quell Asia’s fastest inflation rates will be in focus in Pakistan and Sri Lanka, as the crisis-gripped economies review monetary policy settings in decisions seen as key to winning multilateral bailout funds. The two monetary authorities are likely to take different tracks as price pressures have…
The SLASSCOM People Summit 2023 themed “Survive To Thrive”, organized by The SLASSCOM HR Forum, brought together a team of top international speakers this year, who discussed and shared best practices on handling and overcoming some of the most pressing issues faced by the HR fraternity and provided a great learning platform and strategies on…
Reuters – India’s Adani Group has told creditors it has secured a $3 billion loan from a sovereign wealth fund, two sources with knowledge of the matter said, as the embattled conglomerate seeks to ease debt concerns after a short-seller attack. The credit line from the sovereign wealth fund could be increased to $5 billion,…
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