SINGAPORE, Dec 27 (Reuters) – Oil prices rose to three-week highs on Tuesday as China’s latest easing of COVID-19 restrictions spurred fuel demand hopes, while concerns that winter storms across the United States are affecting energy production continued to support prices. Brent crude was up 52 cents, or 0.6%, at $84.44 a barrel by 0712…
The Hambantota International Port (HIP) is supporting Colombo Dockyard PLC (CDPLC) to handle running repairs to vessels while they remain afloat in the harbour. The majority of vessels directed to HIP for afloat repairs come with damages experienced below the water line. CDPLC carries out permanent repairs on these ships with service assistance from HIP. “Usually…
SriLankan Cares, the Corporate Social Responsibility arm, and the Engineering Division of SriLankan Airlines have launched ongoing community project, ‘A Day with a Plane’ to provide youngsters an opportunity to learn about aircraft. Photos show students from Walpola Sri Rathanasara Primary School; the Vocational Training Institute in Seeduwa; and Ananda Balika National School in Hingurakgoda…
Going parallel with the Christmas & New Year celebrations prevailing in the country, the Uva province Tourism Ministry in collaboration with the Ella Pradeshiya Sabha,has made all arrangements to host an exclusive treat for the Christmas &New Year season for locals as well as tourists , who are visiting the country for the winter season….
SEOUL, Dec 26 (Reuters) – Samsung Electronics plans to increase chip production capacity at its largest semiconductor plant next year, despite forecasts of an economic slowdown, a South Korean newspaper reported late on Sunday. The move contrasts with the scaling back of investment by rival chipmakers amid falling demand and a glut of chips. Analysts have…
A special awareness program to support the Committee on Public Accounts (COPA) regarding the further expansion of the evaluation process in public Sector was held in Parliament recently, with the participation of COPA members. The officials of Sri Lanka Evaluation Association (SLEvA) briefed the committee members in this program which was chaired by COPA Chairman,…
A number of projects in the Hambantota International Port’s Industrial Park are nearing completion, marking the success of 2022 as the ‘Year of Construction.’ In spite of a certain slowdown during COVID-19, this international industrial park has secured over 40 projects from over 08+ countries and has emerged stronger as ever, adhering to their ‘HIP…
Aitken Spence Travels will spirit-up cruise tourism with the arrival of “Silver Spirit,” a luxury cruise ship calling over to the port of Colombo on the 23rd of December 2022. Under the ownership of the Lefebvre Family (Rome, Italy), “Silver Spirit” is operated by Silversea Cruises and Royal Caribbean Cruises Ltd (RCCL). The local ground…
Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, has announced plans to shut down its 3G data network in 2023 to free up spectrum and increase the capacity of its 4G Broadband network. This decision comes as part of Dialog Axiata’s ongoing efforts to provide the best possible mobile experience for its customers and is…
In view of enhancing awareness of trade and investment opportunities available in Sri Lanka, the Deputy High Commission of Sri Lanka in Chennai together with Southern India Chamber of Commerce & Industry (SICCI) organized “Doing business with Sri Lanka” business discussion on 20 December 2022 at SICCI auditorium in Chennai. Addressing the meeting, President Ar Rm…
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