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Today, there is a lot of frustration among the youth due to many students passing the GCE A/L exam and become eligible to enter universities but are unable to gain admission to universities due to the limited number of places in universities. Out of the approximately 150,000 eligible A/L students, 25,000 will enter universities. There will be another 125,000 left behind. This would mean, out of those pass, only 17 percent enter universities, whil
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Sri Lanka’s most innovative life insurer Softlogic Life has made it’s presence felt among the top corporate establishments of the country yet again at the National Business Excellence Awards (NBEA) 2017, dominating the prestigious awards ceremony with three accolades, including the esteemed Gold award in the Overall Insurance Sector.
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Strategically located at a key midpoint for trade and as a major logistics hub for naval and coastguard visits from around the world, the potential for Sri Lanka’s role in regional maritime affairs knows no bounds. At present, the Port of Colombo, Sri Lanka’s main maritime gateway, primarily handles container transshipment in the Indian Ocean.
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The role of the Port of Colombo in facilitating imports and exports and supporting trade with India and other subcontinent countries was expounded upon by Colombo International Container Terminals (CICT) in a recent presentation to the 2017 Asian Logistics and Maritime Conference (ALMC).
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A new dedicated feeder service on the Yangon-Chennai-Colombo-Yangon sector commenced with the Port of Colombo. The first vessel under the new service, MV Sea Perl, made her maiden call at the Sri Lanka Ports Authority (SLPA)-controlled Jaya Container Terminal (JCT) on December 18, 2017.
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Sri Lanka’s leading tyre brand Ceat has entered into a partnership with the University of Kelaniya to support the aspirations of its undergraduates as part of the company’s commitment to communities in its neighbourhood.
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Trumps Solutions (Pvt.) Ltd, one of Sri Lanka’s trending advertising agencies joins VLT, Southeast Asia’s leading digital independent firm, to offer Sri Lankan startups, businesses and brands an integrated design, technology and innovation as well as brand solution with content, media and PR.
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Airtel’s sales team bagged a gold and bronze award at the recently concluded SLIM-NASCO Awards 2017. Airtel Territory Manager Vipul Rathnayake won the Gold in the Telecommunication Territory Manager category, while Airtel Senior Territory Manager Pasindu Chaminda Sigera took the Bronze in the same category.
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Customs data analyzed by Siyaka Research has confirmed that Sri Lanka exported 23.6 mnkg in November this year, up a sharp 16 percent on last year’s low drought restricted figure of 20.4 mnkg. The November quantity is however the lowest since the May figure of 24.3 mnkg.
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Sampath Bank PLC continued to sate its hunger for capital to meet regulatory requirements and expand business with the bank’s director board this Monday approving plans to raise Rs. 20 billion through debt and equity, just days after the bank raised Rs. 13.6 billion for the same purpose.
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Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, announced the launch of the Digital Innovation Fund (DIF), in the presence of Malaysian Prime Minister Dato’ Sri Mohd Najib bin Tun Abdul Razak to signify the Malaysian investment in setting up the country’s first digital venture capital fund to exclusively focus on financially supporting Sri Lankan digital startups.
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The 26th edition of the Colombo Shopping Festival, organized by Aitken Spence Conventions and Exhibitions, was officially inaugurated on December 16th at the Sirimavo Bandaranaike Memorial Exhibition Center at the BMICH.
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Reviewing the airline’s operation in 2017, which he termed a “tough year”, SriLankan Airlines CEO Suren Ratwatte said the biggest achievement of the year was the validation of the ‘Colombo Hub’ concept.