The electronic Bill of Lading (eBL) facilitated by the blockchain underpinned TradeLens platform spurs innovation by digitalizing manual, time-consuming, paper-based shipping and logistics processes, while also contributing towards greater ease of doing business across supply chains for all involved stakeholders Eswaran Brothers Exports, one of Sri Lanka’s premier tea suppliers for over five decades, became…
The Information and Communication Technology Agency (ICTA) is the apex ICT institution of the Government mandated to drive digital transformation with a vision to make Sri Lanka a digitally inclusive nation. In line with the Digital Economy Strategy, ICTA develops, supports, and helps nurture the startup ecosystem of Sri Lanka. ICTA recently announced the launch…
Daraz Group CEO of Daraz, Mr. Bjarke Mikkelsen visited Sri Lanka on 25-26 November 2021. During his visit he met with key government leaders and officials including, Hon. Namal Rajapaksa, Minister of Youth & Sports and State Minister of Digital Technology and Enterprise Development, Hon. Tharaka Balasuriya, State Minister of Regional Cooperation, Mr. Ajith Nivard…
Statement from LAUGFS Gas In the recent past, there have been a few fire incidents reported regarding LP Gas leakages across social and other media, and some misleading information has been spread that these leaks are caused by the composition of the LP Gas filled in cylinders. Certain incidents reported in domestic households and hotels…
The upcoming Sri Lanka Economic Summit 2021, the foremost and most anticipated economic event of Sri Lanka, will be inaugurated by the Chief Guest – Hon. Basil Rajapakse, Finance Minister, on 6th December, under the theme ‘Springboard for revival: Opportunity to reset’. Governor of the Central Bank, Mr. Ajith Nivard Cabraal will deliver the Keynote…
Marubeni Corporation’s Executive Management Team for Asia visited Sri Lanka to negotiate an investment opportunity for the 200MW Mannar Wind Power Project. During this visit, the team met with President Gotabaya Rajapaksa and the Minister of Finance. The Marubeni Corporation with revenues of US$ 67 billion and a history spanning 160 years specializes in Renewable…
A delegation of ‘South India Powerloom Federation’, the confederation of weaving associations in the Southern States of India, along with the Chairman of the Federation Dr. M. S. Mathivanan, visited Sri Lanka on 22 November 2021, under the invitation of the Deputy High Commissioner of Sri Lanka in Chennai Dr. D. Venkateshwaran. As South India…
The Monetary Board of the Central Bank of Sri Lanka (CBSL) has decided to pay an incentive of Rs. 8.00 per US dollar for workers’ remittances, in addition to the existing incentive of Rs.2.00 under the “Incentive Scheme on Inward Workers’ Remittances”, when such funds are remitted through Licensed Banks (LBs) and other internationally accepted…
Aitken Spence Travels, the leading destination management company (DMC) in Sri Lanka working in partnership with TUI Kazakhstan, welcomed its first flight for the winter season from Kazakhstan on Wednesday, 1st December 2021. Air Astana the flag carrier of Kazakhstan, will be operating 3 flights per week every Tuesday, Wednesday and Friday and has a capacity…
Yacht once owned by Liz Taylor and Richard Burton Port City Colombo Marina to be one of the largest in the region with facilities for berthing 200 yachts The Port City Colombo Marina welcomed the MY Kalizma – The Classic Superyacht, once owned by Hollywood screen idols Elizabeth Taylor and Richard Burton. The first Superyacht…
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