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Mon, 29 Apr 2024 Today's Paper
Sri Lanka’s apparel industry saw its revenue cross the US$ 1 billion mark in the first quarter (1Q24) with exports expanding by 7.7 percent in March.
While Sri Lanka’s economic landscape has undergone significant changes, one thing that remains unchanged is the passion....
The Central Bank of Sri Lanka sounded optimistic about Sri Lanka witnessing stability on multiple fronts, provided that the ongoing ambitious reforms and economic adjustments underpinned by the Extended Fund Facility (EFF) programme of the Internatio
Kicking off the March quarter banking sector earnings, Pan Asia Banking Corporation PLC reported robust financial performance and said they are seeing demand for loans....
SriLankan Airlines has transformed aircraft maintenance with the recent integration of AMOS, a next-generation enterprise resource planning (ERP) solution for aircraft engineering...
PGP Glass Ceylon PLC reported some modest top and bottom-line performance in the three months ended in March 2024.The top-line saw rising in the double digits reflecting pick up...
Malaysia’s Capital A Berhad (Capital A) and AirAsia Group Sdn Bhd (AirAsia Group), the newly incorporated entity that will eventually be the holding company of AirAsia X Berhad (AirAsia X), announced....
Ranjith Obeyesekera/K-Hart International has been named as a finalist in the AusSpace24 Australian Space Awards for Research and Development Project. The AusSpace24....
The Sri Lanka Foreign Ministry organised a visit for ambassador designates to the Hambantota International Port (HIP). Sri Lankan ambassadors....
Damen Shipyards Group, best known as a designer and builder of ships, is launching a pilot project exploring the circular approach to retiring and recdycling end-of-life vessels. The project ...
X-Press Feeders, the world’s largest independent feeder carrier, announced its triumph as the recipient of the #1 Feed Operator Award at the Colombo Ports Awards 2024, underscoring....
After a break of more than two weeks, the Houthis from Yemen struck back at ships towards the latter part of last week. The militants took aim....
In today’s dynamic global landscape, adherence to robust standards plays a key role in ensuring product quality, fostering cross-border trade, and safeguarding public health and....
Official records suggest that over 1.1 million Sri Lankans have left the country in 2022 with a monthly average of about 94,000 while only 27.6 percent of total departures have left for foreign...
The demise of Prema Cooray is a great loss to the tourism industry in Sri Lanka. His passion for the industry was known by all. An individual who never hesitated to take a lead role in addressing....
AgriFI, the European Union (EU)-funded agriculture financing initiative, managed by EDFI Management Company, announced a US $ 3 million loan to Sarvodaya Development Finance....
Govi.ai, a leading innovator in agricultural internet of things (IoT) solutions, presented a very successful programme at the recent Future Harvest Exhibition held at the Bandaranayake Memorial...
In a celebration of tradition and community, Mercantile Investments hosted the islandwide event ‘Mercantile Awurudu Ganudenu’ on April 15, 2024. The event brought....
Maharaja Foods Limited announced the appointment of Imran Furkan and Melanga Doolwala as Non-Executive Independent Directors. Founded by the visionary...
The recently unveiled ITC Hotels backed the highly debated Minimum Room Rate (MRR) regulation imposed on Colombo City hotels, citing that it serves the purpose of maintaining and elevating....
Fitch Ratings has affirmed CBC Finance Ltd’s (CBCF) National Long-Term Rating at ‘BBB+(lka)’. The Outlook is Stable. The rating....
Ceylon Tobacco Company PLC (CTC) announced the appointment of Fariyha Subhani as Managing Director and Chief Executive Officer, effective 15th April 2024. Subhani....
Fitch Ratings has affirmed HNB Finance PLC’s (HNBF) National Long-Term Rating at ‘BBB+(lka)’. The Outlook is Stable. The agency has also....
China Global Television Network’s (CGTN) Global South Voices sheds light on the vulnerability of the ’’China overcapacity’’ hype, revealing the protectionist agenda behind such accusations.
The government has been sitting on an expert committee report on how to permit oil palm cultivation in identified Mahaweli areas and other areas, without deciding for nearly five months. According to the Agriculture and Plantation Industries Ministry
Sri Lanka’s efforts to attract and leverage international investment into the exploration of oil and gas have once again been gridlocked by legal challenges in the Court of Appeal.
The Ceylon Chamber of Commerce (CCC) yesterday said it recognises the digital economy as a key enabler for Sri Lanka’s economic growth acceleration. National Digital Economy Strategy 2030, recently published by the Technology Ministry, provides a
BBC: TikTok’s Chinese parent company ByteDance says it has no intention of selling the business after the US passed a law to force it to sell the hugely popular video app or be banned in America. “ByteDance doesn’t have any plans to sell TikTok
SriLankan Airlines, the national carrier of Sri Lanka and Air Seychelles, the national airline of the Republic of Seychelles, have embarked on a codeshare partnership, ushering in seamless travel to multiple new destinations throughout Asia, Africa a
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