More than 100 participants from Sri Lanka and the Maldives joined in a workshop on how to access the international instruments of climate finance. During the online workshop experts shared key insights and opportunities for accessing international climate funds. The interactive workshop also provided an opportunity to discuss the latest developments on this critical issue…
As a testament to SLT-MOBITEL Enterprise’s commitment to providing customers the highest level of technical expertise, reliability, and security and to accelerating Sri Lanka’s digital infrastructure, the company partnered with VMware Inc. to launch the country’s first VCF Cloud Deployment and double VCF Cloud. Participating in the launch ceremony held in Shangri-La, Colombo were SLT-MOBITEL…
The Board of Investment of Sri Lanka has issued a letter of approval to India’s Adani Green Energy Limited, for the two wind power plants to be set up in Mannar and Pooneryn at a total investment of USD 442 Million. The wind power plant in Mannar will operate at a capacity of 250 MW…
A bilateral Air Services Agreement has been signed between the Netherlands and Sri Lanka on Wednesday (Feb. 22) in the Hague, the Netherlands. The bilateral agreement will provide a stronger platform to further intensify connectivity both between the countries as well as the European and Asian regions, the Embassy of Sri Lanka in the Netherlands…
Earlier today, Mahinda Siriwardena, the Secretary to the Ministry of Finance, and MIZUKOSHI Hideaki, the Ambassador of Japan, signed an Exchange of Notes to secure a humanitarian grant of USD 46 million. The purpose of the grant is to provide diesel fuel to public hospitals throughout Sri Lanka. The signing ceremony took place at the…
During an event held this morning (22) at Royal College, Colombo, President Ranil Wickremesinghe urged all citizens, including politicians, professionals, teachers, those engaged in agriculture, the business community, and members of the security forces, police and civil servants, to work together to overcome the current economic crisis and promote reconciliation efforts. The event was held…
MOSCOW, Feb 22 (Reuters) – Trucks carrying Coca Cola roll across the border into Russia, tourists return from abroad laden with Zara’s latest designs, and local online marketplaces snap up IKEA’s furniture stocks. Western brands may have left the country, but their goods haven’t. Despite European, North American and Japanese companies exiting Russia over its…
Sri Lanka Tourism recently hosted two social media influencers from Tamil Nadu, India, namely Shivaani Mathesh and Vishwa Sakthivel, who arrived at the destination with the purpose of going on an all island bike tour, covering all 9 provinces of Sri Lanka. The event was titled ‘’1700 km bike ride’’ as they went on to…
Tata Tele Business Services has retained MTI Consulting for the second phase of their business strategy. “MTI Consulting has effectively concluded the first phase of our strategizing process based on MTI’s 8S ® model, working collaboratively with our management team. Now, in order to effectively execute the strategic initiatives arising from the strategic plan, we…
Irrespective of the economic meltdown with the gross domestic product (GDP) contracting by 11.8 per cent in 2022, the BOI enterprises have shown resilience and contributed to the national economy by generating a sum of USD 8.7 Billion through merchandise exports, pulling in 8 per cent of growth compared to the year 2021. Taking a…
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