Joining the trend, a video of an IndiGo air hostess dancing to Manike Mage Hithe on an empty flight has gone crazy viral on social media. Viral Video: If you are active on Instagram, you must have heard the song, ‘Manike Mage Hithe’ as the background track to many Insta reels. The song has created…
The Sri Lanka – Malaysia Business Council of the Ceylon Chamber of Commerce held its 27th Annual General Meeting Virtually. His Excellency Tan Yang Thai the High Commissioner of Malaysia to Sri Lanka graced the occasion as the Chief Guest. Mr. Khalid Farouk was elected as the new President of the Business Council for the…
EFL Global Logistics (Pte.) Ltd (Singapore) a, fully owned subsidiary of Expolanka Holdings PLC (Expolanka), has acquired 100% equity interest of Complete Transport System LLC for a purchase consideration of United States Dollars Six Million One Hundred Thousand Only (USD 6,100,000.00) on the 8th September 2021. Complete Transport System LLC is a company incorporated in the United States offering Bonded…
Sri Lanka’s number one corrugated carton manufacturer, Ex-Pack is proud to announce the unpacking of a new beginning, through its impending initial public offering (IPO) and listing on the Colombo Stock Exchange. Ex-Pack Corrugated Cartons Limited is a wholly-owned subsidiary of Aberdeen Holdings. Formerly known as Expolanka Investments (Private) Limited, Aberdeen Holdings is one of…
Margin Deposit Requirement against the Importation of Selected Non-Essential/Non-Urgent Goods made under Letters of Credit and Documents against Acceptance Terms with Licensed Commercial Banks and National Savings Bank The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 08 September 2021, decided to impose a 100 per cent cash margin…
The Ceylon Motor Traders’ Association (CMTA), the most senior automotive association in South Asia welcomes the government’s view that Electric Vehicles (EVs) represent the future of mobility, not just in Sri Lanka, but around the world. While the benefits of EVs are very clear in terms of reduced emissions and fuel savings, the CMTA cautions…
The Information and Communication Technology Agency of Sri Lanka (ICTA), the apex ICT institution of the Government and a catalyst in driving the startup ecosystem forward, recently launched the’10,000 Ideas’ national tech innovation program with an aim to empower the next generation of tech entrepreneurs along with startup ecosystem enablers. Facilitated by ICTA in collaboration…
The Central Bank of Sri Lanka (CBSL) wishes to inform the public that licensed commercial banks and licensed specialised banks (licensed banks) have been requested to consider extending the concessions granted previously (until 31.08.2021) to borrowers affected by COVID-19 up to 31.12.2021, considering the new surge in the pandemic and the resultant difficulties to the…
The Embassy and Permanent Mission of Sri Lanka in Vienna in collaboration with the Vienna Chamber of Commerce (WKO) organized a hybrid webinar to promote investment from Austria in Sri Lanka. The hybrid webinar was attended by Regional Manager for Asia & Pacific Region Johannes Brunner, Commercial Attaché of the Austrian Embassy in India Bernd…
Maga Engineering has begun construction of a new 10-storey medium-rise housing complex as part of the Government’s Railway Efficiency Improvement Project (REIP) and Colombo Suburban Railway Project (CSRP). The project, valued at LKR 1.3 Billion, is implemented by the Ministry of Transport and funded by the Asian Development Bank (ADB) and is expected to be…
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