SL to get its first-ever floating resort come March

Sri Lanka’s tourism landscape sees the addition of a unique property as come March the first-ever floating resort will make its debut. Bolagala Agro Floating Resort in Negombo will open its doors on March 1, 2024, offering a unique experience of staying over the water amidst agricultural surroundings. In a world where sustainability has become an imperative,

Sri Lanka opens doors to Indian tourists with virtual Unified Payments Interface launch via LankaQR

In a groundbreaking move aimed at enhancing the convenience and security of digital payments for Indian tourists in Sri Lanka, a virtual launch event marked the introduction of the Unified Payments Interface (UPI) transactions through LankaQR yesterday.

Yatra, Inspired Living – A New Horizon for Senior Citizens

Under Ninewells Hospital proudly inaugurates “Yatra, Inspired Living,” a revolutionary Retirement Resort poised to redefine senior living on a global scale. Nestled just 11 kilometers from Bandaranayake International Airport, Yatra spans 20 acres of natural beauty, featuring a scenic lake and pond. Yatra, caters to discerning seniors with modern facilities in accommodations, dining, healthcare, and recreation. The resort offers 25 keys in two cat

New Mawanella Medical Centre honoured at Pinnacle Awards

New Mawanella Medical Centre was honoured as the Best Health and Wellness Service of the Year (Western Medicine) at the Pinnacle Sri Lanka 2023 Awards organised by MUGP International Organisation. The award ceremony was recently held at the Galle Face Hotel in Colombo. Founded by Dr. Kamal Dharmawansha, New Mawanella Medical Centre has been providing western medicine-based treatment and related services for many years. The Medical Centre is loca

Sethsuwa Ayurveda MD bags Best Inventor Award

The Managing Director of Sethsuwa Ayurveda Hospital Sujeewa Prasanna Withanage, was honoured with the Best Inventor Award of 2023 at the Best Businessmen Appreciation Awards organized by the Sri Lanka Chamber of Commerce. As the creator of Pranajeewa medicine, the only Ayurvedic product in Sri Lanka authorized for distribution under FDA registration in the American market, Dr. Sujeewa Sethsuwa Hospital Company has successfully established a high-

Optometric Association launches educational arm

Having been pioneers in the profession of optometry, the Sri Lanka Optometric Association has formed a new wing, known as The College of Optometry and Vision Science, which is the association’s educational arm and was officially launched on January 21, 2024. This day marks the start of the college’s operations. Opt. Hiran Perera, Chairman of the Sri Lanka Optometrist Association (SLOA) and Managing director of the College of Optometry & Vision Sc

Nawaloka Laboratory sets new healthcare standards with ISO 15189:2022

Nawaloka Laboratory announced its achievement as the first laboratory in the country to successfully elevated to the latest version of ISO 15189 accreditation, namely ISO 15189:2022. The surveillance was conducted by the Sri Lanka Accreditation Board who serves as the national authority responsible for upholding and maintaining the standards for clinical and testing laboratories across Sri Lanka. At the core of this accreditation lies a robust

COYLE’s Diplomats’ Evening 2024 marks strategic steps for Sri Lanka’s economy

COYLE hosted the annual Diplomats’ Evening on February 25th at Hilton Blue Colombo, marking another milestone in furthering global marketplaces for Sri Lanka’s economic resurgence. With a commitment to fostering equitable growth, this exclusive event aimed to fortify the local employee base through foreign investments obtained via diplomatic relations. The event, enforced COYLE’s annual theme “Evolution” highlighting the resilience and transform

Islamic Banking and Finance Industry conference to kick off tomorrow

The Sri Lanka Islamic Banking and Finance Industry (SLIBFI) conference will be held for the 16th successive year tomorrow at Shangri La Hotel Colombo.

Ceylon Chamber unveils Outlook Report for 2024

The 9th edition of the annual flagship Outlook Report for 2024 by the Ceylon Chamber of Commerce was recently launched at the Economic Outlook 2024 seminar.

SriLankan Airlines confirms safe return of UL 605

National carrier SriLankan Airlines confirmed that flight UL 605 from Melbourne to Colombo made a safe return back to the Melbourne Airport.

January tourism revenue soars to pre-pandemic peak

In a promising sign for Sri Lanka’s economy, tourism earnings soared to a pre-pandemic peak of US$ 341.8 million in January....

Sri Lanka to extend free visa regime beyond March

Sri Lanka Tourism Development Authority (SLTDA) is looking to extend the free Visa regime for tourists beyond March ....

United Republic Front Leader Champika Ranawaka demands scientific debt strategy

Opposition MP and Leader of the United Republic Front, Patali Champika Ranawaka, urged the government to adopt a scientific....

Major boost for local tourism sector with India’s UPI services launch

Sri Lanka’s tourism industry will receive a major boost with the launch of India’s most popular digital payment method Unified Payment ....

IMF chief tells Arab region to focus on improving fiscal space

As the world continues to grapple with economic challenges, geopolitical tension, and war, the IMF urged the Arab region to plant....

Industrial production maintains momentum with 8.8% increase in Dec.

Sri Lanka’s industrial production is seen to be gradually recovering from the prolonged weakness induced by the economic ....

Remittances income up 11.4% in January

Earnings from remittances from Sri Lankan migrants rose by 11.4 percent in January 2024 to US$ 487.6 million, continuing....

Government credit surges in December amid CPC balance sheet restructuring

In December 2023, the net credit extended to the government by the banking system surged by more than half a trillion rupees....

Sri Lanka’s entry into Combined Maritime Forces signals strategic hub aspirations: Expert

In accordance with Sri Lanka’s aspirations to become a prominent maritime hub, the decision to join the Combined Maritime....

Shipping giant Maersk’s profit sinks, warns of Red Sea risk

Shares in shipping giant Maersk dived on Thursday after it warned of an uncertain 2024 earnings outlook linked to an oversupply...

Port sector reforms a must; Sri Lanka faces opportunities and challenges

The Port of Colombo will see its capacity for handling ultra large container ships increasing in the year 2024, as both East Container...

China’s logistics sector posts steady revenue growth in 2023

China’s logistics sector reported steady revenue growth last year, according to the China Federation of Logistics and ....

People’s Bank and Hayleys Agriculture form strategic alliance for agricultural advancement

In a seminal move to fortify Sri Lanka’s agricultural landscape, People’s Bank has entered into a memorandum of understanding....

Dr. Gunatilleke appointed to Janashakthi Life board

Janashakthi Insurance PLC, a member of the Janashakthi group, announced the appointment of Dr. Gehan Gunatilleke....

Alliance Finance Company launches AFC Remittance

Alliance Finance Company, further expanding its portfolio of financial services, launched its inwards foreign remittance service ....

Enhancing corporate awareness: Understanding tax recovery in Sri Lanka

The corporate landscape is currently grappling with a surge in bank account seizures by the Inland Revenue Department ...

ComBank and Visa launch corporate credit cards in Sri Lanka

Commercial Bank of Ceylon has launched the Visa Signature and Visa Platinum corporate credit cards in Sri Lanka....

NDB Bank nurtures SL’s future leaders at EDEX Expo 2024

NDB Bank, a trailblazer in fostering growth and empowerment in Sri Lanka, showcased its commitment to the nation’s youth....

Macksons open outlet in Kenya

Macksons Group’s new outlet opened in Nairobi recently, which marks a significant step in strengthening the economic ties between the Kenya and Sri Lanka.