Pakistan maritime security ships in Sri Lanka on a goodwill visit

In a display of brotherly relationship between Pakistan and Sri Lanka, Pakistan Maritime Security Ships (PMSS) HINGOL & BASOL will be arriving at Colombo Port for a 4-day port call from 05-08 January 2017. As part of goodwill, Pakistan Maritime ships frequently visit Sri Lanka. These calls are aimed at strengthening and augmenting the existing […]

Where to invest in real estate 2017

2017 promises to be an exciting year for real estate investment. With more and more developments popping up in the world’s key emerging markets, the eyes are away from Europe and the US, and onto countries such as Mexico, Philippines, Sri Lanka and Pakistan. These countries not only offer a more appealing climate zone but […]

People’s Bank unveils 7 self banking centers in Colombo

Accelerating its digitalization drive, People’s Bank proudly launched its Self Banking Center with CDM/ATM/Kiosks in seven locations in Colombo district, to provide the endless comfort of seamless transactions to customers. The attractively-designed facility will empower customers to conduct most banking functions at the Self Banking Centre without having to enter the branch itself. The launch […]

António Guterres begins term as 9th Secretary General of United Nations

The incoming United Nations Secretary-General António Guterres officially begins his 5 year term today after being sworn in on the 12th of December. Guterres, a former Prime Minister of Portugal (1995 to 2002) and former UN High Commissioner for Refugees (2005-2015) took the oath of office on the 12th December following the Assembly’s tribute to […]

‘s LankaPay Common ATM Network

(PRESS RELEASE) – ICICI Bank, India’s largest private sector bank by consolidated total assets, recently joined ‘LankaPay Common ATM Network’, the national payment network that facilitates high quality electronic financial services at affordable prices in a secure, reliable and convenient manner to all in Sri Lanka. This marks a definitive step towards enriching customer experience. The […]

2017 will be decisive for Sri Lanka: Mahinda Rajapaksa

2017 will be the year in which the future of Sri Lanka will be decided. The government’s devolution package to divide the country into what they call ‘distinct spheres of authority’, the ETCA with India to open up Sri Lanka to Indian service providers and workers, the privatisation of the Hambantota harbour and other government […]

Group of Sri Lankans in UK protest against proposed constitution

A demonstration was held on the 16th of December, biting cold and freezing weather outside the Sri Lankan High Commission in UK by a group of Sri Lankans vehemently protesting against the proposed ‘federal’ constitution. The group complained that as per the wishes of the TNA and the countries like US, UK, EU and Canada, […]

No disruption to service despite damage to one aircraft: Cinnamon Air

Cinnamon Air advises that one of its aircraft suffered damage to one of its amphibious floats whilst on the water at the Polgolla Reservoir in Kandy, on 22nd December 2016. The aircraft had landed and was taxiing to the dock at the reservoir when it encountered a submerged tree trunk which damaged one float. There […]

Foreign Minister attends groundbreaking ceremony of Havelock City Project

Minister of Foreign Affairs Hon. Mangala Samaraweera attended the Groundbreaking Ceremony and the Inauguration of the Havelock City Commercial Project as the Chief Guest on 28th December 2016. The Havelock City Commercial Development Project, an initiative undertaken by the same developers of the World Trade Center in Colombo, will comprise of an Office Tower providing […]

Janashakthi to offer enhanced benefits to full option policyholders

Janashakthi General Insurance Limited (Janashakthi) signed a Memorandum of Understanding (MoU) with Associated Motorways Ltd (AMW) to offer special value additions to Janashakthi Full Option policyholders. As part of the agreement, in the event of an accident, Janashakthi Full Option policyholders are able to have their vehicles repaired and attended to at any of the […]

Sri Lanka eyes bigger role for private sector: Oxford Business Group

Sri Lanka’s evolving trade and investment laws and their impact on FDI levels will be analysed in a report on the country by the global publishing firm Oxford Business Group (OBG). The Report: Sri Lanka 2017 will shine a spotlight on the Colombo Port City and Megapolis initiatives, which, together with other big-ticket projects, are […]

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