The Silk Road Journal by Mahika Ming Invasions and energy issues are heard more in the news these days while some are trying to imagine a world without superpowers Russia and China. The Peoples Republic of China (PRC) was established in 1949. Great China is one of the oldest human civilizations and was invaded and…
A top IFC official says the development organization aims to boost its investments in Sri Lanka, with a focus on supporting private sector job creation, paving the way for robust investments to help spur the country’s recovery and future growth. The comments by IFC Regional Vice President for Asia and the Pacific, Alfonso Garcia Mora,…
The agreement reaffirms the airline’s commitment to Sri Lanka and outlines mutually beneficial initiatives to help drive trade and tourism to the country. Since the nation safely re-opened to international tourists in February 2021, Emirates has carried more than 80,000 passengers to Colombo. Dubai, UAE: 7 March 2022 – Emirates has signed a Memorandum of…
Webinar on “ Opening of Sri Lanka and the Revival of the Hospitality Industry” organized by the Embassy of Sri Lanka in Germany together with the German Travel Association (DRV) and Sri Lanka Tourism Promotion Bureau ( SLTPB ) was held on 24 February 2022 with the participation of a large number of German travel…
Importers request that the prices of 71 price-controlled molecules inclusive of 10 cancer molecules to be adjusted to ensure continued availability NCD’s account for 80% of Sri Lankan deaths; continued import of essential medicines is critical The Sri Lanka Chamber of the Pharmaceutical Industry (SLCPI) commended the Ministry of Health’s decision to increase the control…
SriLankan Airlines enters into a strategic partnership with Manta Air to offer passengers a seamless travel experience with convenient connections from Gan International Airport to Koodhdhoo City in Gaafu Alifu Atoll of Southern Maldives. Gaafu Atoll is home to several luxury resorts that are just an easy 40-minute speed boat journey from the Koodhdhoo airport,…
CNBC – U.S. crude oil surged more than 7% in Sunday evening trade as the market continued to react to supply disruptions stemming from Russia’s ongoing invasion of Ukraine and the possibility of a ban on Russian oil and natural gas. West Texas Intermediate crude futures, the U.S. oil benchmark, traded 7.34% higher to $124.17…
Softlogic Holding PLC announces that the company’s fully owned subsidiary Softlogic Retail Holdings (Private) Limited has entered into a Sale and Purchase Agreement today (04) for the acquisition of Agora Limited of Bangladesh by acquiring a 100% stake in the said company via a series of transactions, subject to terms and conditions set out therein…
The Joint Chambers of Commerce met on March 3rd, 2022 and deliberated on the on-going forex crisis in the country and its impact on business activity and the economy. Consequent to this meeting, 9 Chambers (whose logos are shown below the text) have agreed to unanimously release the following statement. The on-going forex crisis has…
World’s Best Airline is set to start the fifth daily service from 24 February 2022 DOHA, Qatar – Qatar Airways marks a new milestone with the introduction of its fifth daily flight from Doha to Colombo, Sri Lanka, starting 24 February 2022. The additional frequency will support increased travel demand to and from Sri Lanka,…
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