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Sri Lanka turns to Indian and Russian companies to manage Chinese-funded Airport
Reuters says that Sri Lanka has decided to transfer management of its $209 million Chinese-funded airport to two companies from India and Russia, according to a statement from the cabinet on Friday. The post Sri Lanka turns to Indian and (...)
OnLanka - 26 April 2024
President expresses confidence in ITC Ratnadipa being symbol of Colombo
President Ranil Wickremesinghe yesterday expressed confidence that the ITC Ratnadipa Hotel will serve as a symbol of Colombo city and tourism centred around Colombo.
FT - 26 April 2024
Sri Lanka’s state revenue surges to record Rs. 834 Billion in first quarter 2024
State revenue of Sri Lanka has reached an impressive Rs. 834 billion in the first quarter of this year, State Minister of Finance, Ranjith Siyambalapitiya announced on Thursday (April 25). The post Sri Lanka’s state revenue surges to record Rs. (...)
OnLanka - 26 April 2024
Poverty in Pakistan spurs visa misuse and criminal activities by Pakistani nationals
A recent study published in the Humanities and Social Sciences Communications by Wajiha Haq and colleagues has provided a deeper understanding of poverty in Pakistan. This study measures poverty using not just money, but also education, health, (...)
Colombo Gazette - 26 April 2024
Signing of the MOU between USJ Faculty of Engineering and Brown & Company
The Faculty of Engineering of University of Sri Jayewardenepura embarked on a significant collaboration by formalising a Memorandum of Understanding (MoU) with Digital Transformation Solutions Strategic Business Unit of Brown & Company , (...)
University of Sri Jayewardenepura - 26 April 2024
US Court extends staying of proceedings of SL-Hamilton Reserve Bank case till 1 August
As a significant development in the ongoing debt restructuring plan, the US District Court for the Southern District of New York, aligned with the US Government’s policy and considering the progress, granted the plaintiff, the Democratic (...)
FT - 26 April 2024
Army soldier killed, 9 injured in Mankulam cab-lorry collision
An army soldier died and nine others were injured after a lorry collided with an army cab at Vasanth Nagar in Mankulam early this morning (April 26). The post Army soldier killed, 9 injured in Mankulam cab-lorry collision appeared first on (...)
OnLanka - 26 April 2024
ITC Ratnadipa opens in Colombo
Colombo Gazette - 26 April 2024
Sri Lanka Veterinary Association celebrates World Veterinary Day under the theme of “Veterinarians are essential (...)
April, 2024: The Sri Lanka Veterinary Association (SLVA) marked World Veterinary Day on April 27, 2024, with a social media campaign emphasising the critical role veterinarians play in safeguarding public health. This year’s theme, (...)
Lanka Business News - 26 April 2024
Get Out My Vote
How can you expect my vote when you allow Haitians arrived at our border to be picked up and deported back to the island from which they fled, where rape, murder,…
Groundviews - 26 April 2024
Premium lingerie brand amanté unveils latest boutique at One Galle Face Mall
Sri Lanka’s leading intimate apparel brand, amanté, unveiled its new boutique at Colombo’s One Galle Face (OGF) mall. The sixth addition to the brand’s boutiques in Sri Lanka was opened on 19th April by Chief Guest, Darshi Keerthisena, in the (...)
Lanka Business News - 26 April 2024
Rates Quoted By Commercial Banks For Telegraphic Transfers – 26.04.2024
The post Rates Quoted By Commercial Banks For Telegraphic Transfers – 26.04.2024 appeared first on Lanka Business News.
Lanka Business News - 26 April 2024
SLT-MOBITEL crowned ‘Best Corporate Citizen Sustainability Award 2023’
Recognized for its exceptional commitment to sustainable business practices, Sri Lanka Telecom PLC (SLT) secured the esteemed ‘Best Corporate Citizen Sustainability Award 2023’ in the ‘Other’ category at a recent gala event. The award was (...)
Lanka Business News - 26 April 2024
govi.ai captures industry attention at Future Harvest Expo 2024
govi.ai, a leading innovator in agricultural IoT solutions, presented a very successful program at the recent Future Harvest Exhibition held at the Bandaranayake Memorial International Conference Hall (BMICH) from March 29 to 31. The govi.ai (...)
Lanka Business News - 26 April 2024
World Intellectual Property Day: OPPO Maintains Top 10 Global IP Ranking for Fifth Consecutive Year
In the “OPPO Innovation and Intellectual Property White Paper”, OPPO reaffirms its long-term commitment to innovation and its proactive defense intellectual property strategy. OPPO is investing significantly in AI innovation and is committed to (...)
Lanka Business News - 26 April 2024
Sri Lanka Resorts of Cinnamon Hotels & Resorts Mark Earth Day with Impactful Eco-Initiatives
Colombo, Sri Lanka – April 25, 2024 – In celebration of Earth Day, Sri Lanka Resorts of Cinnamon Hotels & Resorts conducted a series of impactful initiatives conducted across its eight properties in Sri Lanka, under this year’s global theme (...)
Lanka Business News - 26 April 2024
Inqbaytor Takes Flight with Emirates Gateway Direct NDC API Certification Leading Sri Lanka’s Travel Industry into (...)
Inqbaytor Technologies, a leading travel technology company, recently announced a groundbreaking achievement as the first travel platform in the country to be certified for Emirates Gateway Direct NDC API. This landmark collaboration empowers (...)
Lanka Business News - 26 April 2024
Kaspersky extends business footprint to Sri Lanka
Kaspersky, the global cybersecurity and digital privacy company, announced its expansion into new territories in Asia Pacific (APAC), including Sri Lanka, Cambodia, and Bangladesh. This strategic move marks a significant milestone in the (...)
Lanka Business News - 26 April 2024
Electricity trade unions to take legal action against Sri Lanka Electricity Bill
Electricity trade unions have announced plans to pursue legal action against the Sri Lanka Electricity Bill, which was presented in Parliament on Thursday (April 25). The post Electricity trade unions to take legal action against Sri Lanka (...)
OnLanka - 26 April 2024
OCTAVE and University of Peradeniya Establish Strategic Partnership to Drive Excellence in Data and Advanced Analytics
OCTAVE, the Data and Advanced Analytics Centre of Excellence of the John Keells Group, is pleased to announce its recent strategic partnership with the University of Peradeniya, in Sri Lanka. This collaboration marks a significant step in the (...)
Lanka Business News - 26 April 2024
Money Market Transaction Rates – 25.04.2024
The post Money Market Transaction Rates – 25.04.2024 appeared first on Lanka Business News.
Lanka Business News - 26 April 2024
Colombo stock market soars to two year high
The Colombo stock market gathered further momentum yesterday bolstering the main index to two year high.
FT - 26 April 2024
Ceylon Chamber welcomes National Digital Economy Strategy
The Ceylon Chamber of Commerce yesterday welcomed the launch of the National Digital Economy Strategy.
FT - 26 April 2024
AirAsia Consulting, not AirAsia, is bidding for SriLankan Airlines, says Fernandes
Capital A Bhd’s unit AirAsia Consulting Sdn Bhd is the entity that is bidding to acquire SriLankan Airlines, and if it materialises, will raise its own capital for the acquisition, according to Chief Executive Officer Tony Fernandes.
FT - 26 April 2024
Sri Lankan oil and gas exploration grinds to a standstill amid protracted legal battle
Sri Lanka’s efforts to attract and leverage international investment into exploration and commercialisation two blocks adding to over 5,000 square kilometres with potential oil and gas resources in the Mannar Basin have once again been (...)
FT - 26 April 2024
Gota denies Cardinal’s allegations regarding Easter Sunday attack
Former President Gotabaya Rajapaksa yesterday denied the recent allegations made against him by Archbishop of Colombo Malcolm Cardinal Ranjith concerning the Easter Sunday attack.
FT - 26 April 2024
CBSL releases inaugural Annual Economic Review and Financial Statements
The inaugural publication under Section 80 of the Central Bank of Sri Lanka Act, No. 16 of 2023 (CBA), namely, the Annual Economic Review 2023, and the inaugural publication under Section 99 of the CBA
FT - 26 April 2024
CTTA calls for stable exchange rate amid rupee appreciation
The Ceylon Tea Traders Association (CTTA) Chairman SanjayaHerath Wednesday said the appreciation of the rupee has emerged a pressing concern for the industry, highlighting its significance and implications for the sector.
FT - 26 April 2024
Siam House expands Thai culinary empire with new flagship restaurant in Colombo 7
Benjarong Ltd., a leader in Sri Lankan Thai cuisine, yesterday held the grand opening of its latest venture, a new flagship restaurant in Colombo 7.
FT - 26 April 2024
Tanzania floods and landslides kill more than 150 people
At least 155 people have died in floods and landslides in Tanzania following heavy rains caused by El Niño, the prime minister has said. Kassim Majaliwa warned that the rains might continue into May, and urged families to leave flood-prone (...)
Colombo Gazette - 26 April 2024
Sri Lanka, Ireland make promising starts in ICC Women’s T20 World Cup Qualifier 2024
The opening day of the ICC Women’s T20 World Cup Qualifier 2024 saw Sri Lanka and Ireland notch up convincing victories to top their respective groups. Eimear Richardson starred with an all-round performance for Ireland in their win over UAE (...)
Colombo Gazette - 26 April 2024