Trade Relations

UAE, COYLE to Boost Trade, Tech, and Tourism Ties

At a recent roundtable discussion organized by the Chamber of Young Lankan Entrepreneurs (COYLE), UAE Ambassador to Sri Lanka Khaled Nasser Al Ameri emphasized the potential for deepening bilateral ties between the United Arab Emirates (UAE) and Sri Lanka. The discussion, held on November 12 at Cinnamon Lakeside Colombo, focused on creating opportunities in trade,

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Business

Hambantota International Port Projects 50% Growth by Year-End

The Hambantota International Port (HIP) has achieved significant milestones in 2024, with a 40 percent increase in volumes to date. The port’s Commercial and Marketing division forecasts that growth will reach 50 percent by the end of the year. Lance Zuo, General Manager of Commercial and Marketing at Hambantota International Port Group (HIPG), attributes this

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Economics

Advantis Logistics City Installs Integrated Fire Protection Systems

Hayleys Fentons, Sri Lanka’s leading company in mechanical, electrical, and plumbing services, has partnered with Advantis 3PL Plus to upgrade the fire protection and detection systems at Advantis Logistics City. This installation covers a warehouse, a 2,800-square-metre mezzanine area, and an additional 8,300 square metres of storage space. This project marks a key development in

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