Sri Lanka’s most outstanding motorcycle stunt team, Pulsar Power Stunt Team, showed their prowess by winning the AFC Motor Bike Show Stunt Challenge in Nuwara Eliya last weekend. The event was organized by Alliance Finance Company PLC with the presence of world famous stunt rider Romain Jeandrot. The Pulsar Power Stunt Team which is a…
By now Sri Lanka faces the risk of losing the Google Loon Project, said Telecommunications & Digital Infrastructure Minister Harin Fernando at a media briefing today (16 February) to clarify certain current allegations over the ongoing Google Loon Project. Minister Harin Fernando added, “The Google project arrived in Sri Lanka through Chamath Palihapitiya. Sri Lanka…
Service delivery now reduced to 15 minutes from original 6 hours – 2 days The Information and Communication Technology Agency (ICTA) took another step towards creating a digitally empowered nation by implementing an electronic Document Attesting System (eDAS) at the Ministry of Foreign Affairs (MFA) on 06th of February 2017. Using this electronic system, citizens…
Some companies are making various comments on SriLankan Airlines. The time has still not come for any such comments or views, said Finance Minister Ravi Karunanayake during a media conference today (02 February). While stating that Minister Kabir Hassim’s Ministry would provide the accurate response to this, the Finance Minister pointed out that neither the…
The National Chamber of Exporters (NCE) of Sri Lanka held its 22nd Annual General Meeting in Colombo recently where the European Union ambassador in Sri Lanka, Tung-Lai Margue was the chief guest. Meanwhile, calling for applications for the 25th Exporters’ Awards was also done in parallel to the AGM. A new Chairman and a new…
None of the companies like John Keells, Aitken Spence, Hayleys, Access etc are the wealthiest in Sri Lanka, said Prime Minister Ranil Wickremesinghe. Adding further, the Prime Minister said that the wealthiest commercial organization is the Employees Provident Fund (EPF). He said that if needed, this organization has the capability of buying over all these…
LAUGFS Maritime Becomes the First to Register a Ship at Hambantota Port LAUGFS, one of the largest diversified conglomerates in Sri Lanka, is set to mark another monumental milestone by being the first to register a vessel at the Hambantota Port. The announcement was made together with the purchase of another LPG vessel under LAUGFS…
Participating in an International Monetary Fund (IMF) programme is similar to one falling ill and being admitted to hospital, that though the Sri Lankan economy has not become a seriously ill patient who should be admitted to the intensive care unit (ICU), but has clearly become a patient who had to be admitted to hospital,…
If a prime trader bids for Rupees 15 million even while the Central Bank of Sri Lanka (CBSL) needs only Rupees 01 billion, then it is abnormal, said Committee on Public Enterprises (COPE) chairman and Janatha Vimukthi Peramuna (JVP) Member of Parliament Sunil Handunnetti, while speaking during the 360 political talk show of TV Derana….
London Stock Exchange Group (LSEG) Monday announces the opening of its new state-of-the-art technology facility in Sri Lanka. Headquartered in the TRACE Expert City precinct of Colombo, the new technology hub was opened by the Prime Minister of Sri Lanka, Ranil Wickremesinghe and LSEG Chairman, Donald Brydon. A delegation including the honourable Patali Champika Ranawaka…
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