Swing into Action: New Zealand’s Tour of Sri Lanka 2024 on Dialog Television

Cricket fever is set to ignite as Dialog Television proudly presents the highly anticipated New Zealand Tour of Sri Lanka from 9th to 19th November.

Excessive taxation could undermine economic equity, warns legal expert

President’s Counsel Dr. Shivaji Felix raised critical concerns about Sri Lanka’s Inland Revenue practices, suggesting they may place undue burdens on the taxpayers, without delivering equivalent benefits.

Sri Lanka unveils new sustainable tourism strategy to capture UK market at WTM 2024

Sri Lanka presented a fresh vision for its tourism industry at World Travel Market (WTM) 2024 in London, introducing an ambitious sustainability-driven strategy aimed at enhancing visitor engagement while preserving the island’s rich natural and cultural resources.

Colombo Tea Auction sees offering cross 6 MnKgs after 5 months

The total auction offerings crossed the 6.0 million kilogramme mark, after a lapse of five months (Sale No. 22 of 4/June 5, 2024).

Launch of latest tax case report: A decade of insights

This year’s annual tax oration also marked the launch of a landmark publication, Reports of Sri Lanka Cases on Income Tax from 2013 to 2023.

Sri Lanka co-hosts key South Asian consultation on migration

The Foreign Affairs Ministry of Sri Lanka, in collaboration with the International Organisation for Migration, recently co-hosted the South Asia Sub-Regional Consultation on the Global Compact for Safe, Orderly and Regular Migration (GCM).

Singapore Press Club delegates explore island highlights with SriLankan Airlines

The delegates from the Singapore Press Club recently visited Sri Lanka, with SriLankan Airlines collaborating with the Sri Lanka High Commission in Singapore as the airline partner for the group’s tour.

Sri Lanka should consider a One-Stop Centre for Investors – taking Rwanda learnings: MTI

Countries like Sri Lanka should consider conceptualising and developing such an entity, which requires cutting through layers of bureaucracy and legislation, to ensure an almost effortless, seamless investor experience, according to MTI Consulting.

ASPI loses 0.5% during the week

The ASPI closed in green as a result of price gains in counters such as Ceylinco Insurance, Bukit Darah and Royal Ceramics with the turnover crossing Rs. 2.0 Bn. A similar behaviour was witnessed in the S&P SL20.

Mid-tenures hold strong as buying interest persists

The secondary market yield curve saw a slight downtick on the 2027 and 2028 bonds, as the investors continued to display buying interest on mid tenures.

ATG partners with Rotary Sri Lanka for island-wide cleanup initiative

The ‘Clean Up Sri Lanka’ environmental protection initiative, implemented by Shraddha Media Network, hosted a large-scale beach and city cleaning programme, recently.

StanChart Cup 2024 winners experience Premier League action

The victorious John Keells Group team, winners of the Standard Chartered Cup 2024, alongside Standard Chartered Sri Lanka officials at the iconic Anfield Stadium after witnessing the Liverpool vs Chelsea English Premier League match.

Rosita Tea House opening marks new milestone for Kotagala Plantations

Kotagala Plantations announced the opening of the Rosita Tea House, the company’s first dedicated Tea Center. Overlooking the scenic St. Clair’s Waterfall, the newly opened location offers exceptional teas that capture the finest flavors from the heart of the Dimbula Tea region.

Generation Alpha wins Creative Entrepreneurs for Social Change Competition at SLDF 2024

Generation Alpha, a youth-focused empowerment project led by Miuli Kalubowila, won the Creative Entrepreneurs for Social Change competition, which concluded on Friday at the Sri Lanka Design Festival 2024.

ComBank and Hayleys Solar donate solar power system to VT Centre

The Commercial Bank of Ceylon and Hayleys Solar recently donated a photovoltaic solar panel power supply system to the Sri Kavantissa Vocational Training Centre in Tissamaharama and the Tissamaharama Raja MahaVihara.

Phase 2 of A.Y.S. Gnanam VHE Centre unveils in Trincomalee

The Tokyo Cement Group recently inauguratedthe second phase of the A.Y.S. Gnanam Village Heartbeat Empowerment (VHE) Centre in Trincomalee.

Knuckles Water collaborates with Sri Lanka Red Cross Society for flood relief efforts

In a continued effort to support communities affected by recent flooding, Knuckles Water collaborated with the Sri Lanka Red Cross Society (SLRCS) to provide essential drinking water to families in need during this challenging time.

HNB and CIC launch women’s health programme for employees

Hatton National Bank PLC (HNB) has joined forces with CIC Holdings PLC to launch an innovative women’s health programme to enhance the well-being and productivity of its female employees.

Ceylon Chamber’s SLIBC leads business promotion mission to Indonesia

The Sri Lanka–Indonesia Business Council (SLIBC) of The Ceylon Chamber of Commerce conducted a Business Promotion Mission to Indonesia from 06 October to 11 October.

TEC invests US$ 750K to expand presence in Sri Lanka

The Executive Centre (TEC), Asia’s largest premium workspace provider with apresence in 16 countries across Asia-Pacific, Middle East and Australia, is poised to further expand its footprint in Sri Lanka.

NDB Bank hosts ‘Battle of the Brains’ Quiz Competition – Season 02

NDB Bank recently concluded the much-anticipated second season of its “Battle of the Brains” quiz competition, an engaging and exciting event held to foster camaraderie and teamwork among its employees.

Global Software Platform Motadata appoints Zeal Sri Lanka as the first Platinum Partner for country

Global software platform Motadata has signed a partnership with Zeal Sri Lanka marking a significant milestone in enhancing IT infrastructure management across various sectors in the country. Zeal’s nomination as the first Platinum Partner in Sri Lanka was announced recently.

99x Academy bridges education and industry with scholarship success

The 99x Academy is revolutionising the way young talent is nurtured through its innovative scholarship programme.

Mastercraft Builders shines at Entrepreneur Biz Awards 2024

Cementing its position as an industry leader in civil construction, Mastercraft Builders (Pvt) Ltd won the Excellence Award 2024 for the Construction Category at the Entrepreneur Biz Awards held recently.

Nissan to lay off thousands of workers as sales drop

Nissan has said it will lay off thousands of workers as it slashes global production to tackle a drop in sales in China and the US.

October tea sale averages slide

Sri Lanka’s national tea sales average for October declined to Rs. 1,172.15 (US$ 4.02) per kilogram, down by Rs. 35.84 and US$ 0.02 compared with September’s Rs. 1,207.99 (US$ 4.04), according to data from the Sri Lanka Tea Board.

Korea steps in with US$ 10.2mn to help Sri Lanka tackle trash

The Government of Korea has granted US$ 10.20 million to Sri Lanka to improve solid waste management practices in the Uva and Northern provinces.

Sri Lanka bags ‘Most Desirable Island’ title at Wanderlust Reader Travel Awards

In a remarkable recognition of its global tourism appeal, Sri Lanka has clinched the Gold Award for “Most Desirable Island” at the 23rd Annual Wanderlust Reader Travel Awards.

India’s HRV Global Life Sciences sets sights on Sri Lanka

India-based HRV Global Life Sciences and New Horizon Global Pharma is exploring possible expansion into Sri Lanka, which is emerging as a strategic growth market in South Asia.

Sri Lanka mulls joining BRICS-founded New Development Bank

The government is considering obtaining the membership of the New Development Bank (NDB), a multilateral development bank established by the BRICS states, after failing to obtain BRICS membership due its decision not to grant new membership, Minister Vijitha Herath said yesterday.