Hambantota International Port records High Growth in LPG operations in second quarter 2024

The Hambantota International Port’s (HIP) second quarter report on LPG operations records an increase of approximately 100% in volumes handled compared to 2023 numbers. Bunker volumes at the port have also increased considerably by almost 128%. Building on this success, HIP has expanded its services to accommodate diverse oil and gas operations, including LPG vessel […]

‘s Colombo office

Delmege Lifestyle Cluster, a leader in innovative and sustainable interior design solutions, has been awarded the interior fit-out project for LankaPay’s office premises at No.61 Dharmapala Mawatha, Colombo 7. This project will transform the nine-floor office premises into a functional, sophisticated, and modern complex that reflects its brand identity and futuristic digital landscape. Agreement was […]

‘s with UNDP support

The Government of Sri Lanka revised and submitted its Nationally Determined Contributions (NDCs) in July 2021 to the United Nations Framework Convention on Climate Change, as a required obligation being party to the Paris Agreement, and developed the NDC Implementation Plan (2021-2030) with the support of the United Nations Development Programme (UNDP)’s Climate Promise Phases […]

Orient Finance PLC Welcomes Daniel Alphonsus as Independent Non-Executive Director

Orient Finance PLC, a member of the Janashakthi Group, announces the appointment of Daniel Alphonsus as an Independent Non-Executive Director to the Company’s Board of Directors, effective from 5th of July 2024.  Daniel spearheads Daraz’s payments, financial services, and digital goods divisions across South Asia. In addition, he serves on multiple economic reform committees for […]

Sri Lanka seeks collaboration with Singapore Cyber Agency and Infocom Media Development Authority

Sri Lanka’s quest for enhanced cybersecurity and digital transformation received a positive response from Singapore during a high-level meeting on July 1st, 2024. Following discussions between Sri Lanka’s High Commissioner to Singapore Senarath Dissanayake and Singapore’s Minister for Communications and Information Josephine Teo, Singapore expressed willingness to explore avenues for collaboration. Minister Teo acknowledged Sri […]

‘s Mango Market: A Balancing Act with Economic Insights

By Chandula Idirisinghe Sri Lanka’s mango industry, deeply woven into the cultural fabric and dietary needs of Sri Lanka, is thriving with a 12.2% production boost and a 5% yield improvement over the past two decades. Yet, the industry is characterised by drastic seasonal price swings. Prices are currently low, and another significant drop is […]

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