Internationally acclaimed Celebrity Chef and former MasterChef Australia judge, Gary Mehigan, has officially arrived in Sri Lanka for a highly anticipated three-day culinary extravaganza, presented in partnership with Cinnamon Hotels & Resorts. The culinary maestro landed at the Bandaranaike International Airport late last night (27th), where he was warmly welcomed with a traditional Sri Lankan…
A new IPS study highlights the critical role of public investment in achieving Sustainable Development Goals (SDGs) in Sri Lanka. The study reveals that bridging the SDG financing gap is vital, with an estimated additional investment requirement of USD 1.4 trillion, equivalent to 12.5% of GDP by 2030. Policymakers must create an enabling environment for…
Browns Investments PLC has announced the completion of its acquisition of Kenyan tea estates business James Finlay Kenya from Finlays. The sale was first announced in May 2023, with Finlays selecting Browns Investments PLC as the approved buyer based on what it said as its strong legacy of guiding its tea estates to continued growth,…
The Ceylon Chamber of Commerce will host the Sri Lanka Economic Summit 2023 on November 28th and 29th at the Shangri-La Hotel, Colombo, with President Ranil Wickremesinghe attending as the Chief Guest. The inauguration will also feature a Keynote Address and Fireside Chat with Mr. Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission of…
(Reuters) – Sri Lanka on Monday approved a proposal by China’s Sinopec (600028.SS) to build a $4.5 billion refinery, its energy minister said, making it the largest single investment in the island nation since a crippling economic crisis last year. The cabinet approval cleared the state-owned refiner to finalise project details and sign an agreement with the…
The Asia-Pacific Economic Cooperation (APEC) established in 1989 is a regional economic forum with more than 20 members working for the prosperity of the people of the region through regional economic integration. It focuses on the easy commuting of community & commodities across borders. USA & China are key players of APEC. Their annual bilateral…
The Colombo Stock Exchange (CSE) has approved, in-principle, an Application submitted by the Cargills Bank Limited, for the listing of its Ordinary Voting Shares by way of an offer for subscription on either the Main Board or Diri Savi Board of the CSE. The company plans to issue 62.5 million Ordinary Voting Shares at a…
Revenue up by 11% Gross profit increases by 2% Joint ventures in Kingdom of Saudi Arabia, Africa, and Australia Pintharoo Shilpee Abhiman programme to develop the livelihood of painters Sri Lanka’s market leader in wood coatings and emerging regional conglomerate, JAT Holdings PLC, reported robust financial performance for Q2 of FY 2023/24, recently. Most notably,…
An HR Forum organised by the CFA Society Sri Lanka (CFASSL) was held recently at the Oak Room, Cinnamon Grand, Colombo with a focus on ‘Navigating Through a Brain Drain Crisis’. The event was attended by HR leaders across a number of industries. The forum aimed to cultivate discourse among leading industry figures to address…
Sri Lanka’s first revolving restaurant and a banquet hall at a height unparalleled in South Asia set to open in early December 2023 Citrus Leisure PLC introduces ‘Blue Orbit’, South Asia’s tallest restaurant, and Sri Lanka’s first ever revolving restaurant – setting a new benchmark for dining experiences in Colombo. Citrus Leisure is the exclusive…
Video Story
