Business

Shehan Semasinghe, State Minister of Finance, to Speak at Business Sessions

The 57th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) is scheduled to take place in Georgia from May 2-5, 2024. State Minister of Finance Shehan Semasinghe will represent Sri Lanka at the event and is set to engage in bilateral discussions with counterparts from various countries, focusing on Sri

Read More
Business

Colombo Plan Engages in Collaboration Talks with Indian High Commission

Indian High Commissioner to Sri Lanka Santosh Jha recently held discussions with Dr. Benjamin P. Reyes, Secretary General of the Colombo Plan, and Rohan Masakorala, Lead Consultant of the Port of Colombo Capacity Building Project, to explore collaboration opportunities and discuss the priorities of the Colombo Plan. The meeting highlighted India’s significant role in advancing

Read More
Business

HNB Welcomes Sanjay Wijemanne as New Chief Operating Officer

Hatton National Bank PLC has announced the appointment of Sanjay Wijemanne as its new Chief Operating Officer (COO), effective from April 26, 2024, pending regulatory approvals. With over 29 years of experience in the banking industry and over 14 years in corporate management, Wijemanne brings a wealth of expertise to his new role. Previously serving

Read More
Business

FITIS Continues Support for Sri Lanka’s Digital Transformation Efforts

FITIS, the Federation of Information Technology Industry Sri Lanka, a key player in the ICT sector, continues its collaboration with the Sri Lankan government to drive digital transformation efforts. Their active involvement in shaping the National Digital Economy Strategy – 2030 showcases their commitment to advancing the country’s digital landscape. Through initiatives like the ‘Fuelling

Read More
Business

Jetwing Hotels Allocates USD 1 Million to Enhance Solar Power Dependence

Jetwing Hotels, an iconic name in Sri Lanka’s hospitality sector for over five decades, has made a significant investment of over USD one million to expand its solar photovoltaic (PV) installations by 1.6 megawatts (MW) by July 2024. The installation work, which began in December 2023, has reached an impressive 65% completion, showcasing Jetwing’s commitment

Read More
Business

Singer Sri Lanka Honored as ‘Strategic Alliance Partner’ at Sony’s Annual BPC in Singapore

Singer, the renowned distributor of Sony Electronics in Sri Lanka, received accolades as a Strategic Alliance Partner during Sony’s Annual Business Partner Conference (BPC) held in Singapore. This recognition reflects the strong and fruitful partnership between the two entities, highlighting Singer’s commitment to introducing state-of-the-art Sony technology to consumers in Sri Lanka. Mahesh Wijewardene, Group

Read More
Business

LAUGFS Eco Sri Contributes Intraocular Lenses for Cataract Patients

LAUGFS Eco Sri Limited, a leading provider of vehicle emission testing services in Sri Lanka, recently undertook a philanthropic endeavor aimed at restoring vision for cataract patients in marginalized communities. As part of their commitment to social responsibility and environmental awareness, the company’s management and staff collaborated to donate intraocular lenses to deserving patients identified

Read More
Business

Colombo Port Set to Achieve Record-Breaking Performance This Year

The Chairman of the Sri Lanka Ports Authority (SLPA), Keith D. Bernard, has announced that the Colombo Port is set to achieve its best performance ever this year, attributing this success to several factors including the recent infrastructure developments and measures taken to boost productivity. Bernard highlighted a significant increase in container movements (TUIs) and

Read More
Business

Maiden Visit of Cruise Ship ‘Serenade of the Seas’ at HIP

The Hambantota International Port (HIP) recently welcomed the luxury cruise ship ‘Serenade of the Seas’ on April 29, marking its maiden call at the port. The ship, part of Royal Caribbean International’s Radiance Class vessels, carried 1,950 passengers and 890 crew members, adding to the growing number of cruise ships visiting HIP in 2024. This

Read More
Business

Launch of Southern MICE Expo 2024

The Southern MICE Expo 2024, organized by the Sri Lanka Convention Bureau (SLCB) with support from the Ministry of Tourism, commenced on April 29, 2024, and is set to run from May 27 to May 31, 2024. This event aims to showcase Sri Lanka’s southern region as a top-tier destination for Meetings, Incentives, Conferences, Exhibitions,

Read More