Category: Other
Vistara airline to launch direct flights between Mumbai & Colombo
Vistara, India’s finest full-service carrier and a joint venture of Tata Sons and Singapore Airlines, today announced a daily (except Wednesdays) direct service to Colombo, Sri Lanka from 25 November 2019 onwards, making it the fourth international destination in its fast-expanding network. The airline will fly its Airbus A320neo aircraft with three-class cabin configuration between […]
SEC to launch round table discussion with auditors & capital market stakeholders
The Securities and Exchange Commission of Sri Lanka (SEC) will for the first time in its history, launch a “Round Table Discussion with Auditors and other Capital Market Stakeholders” on Thursday 31st October 2019 from 2.30 p.m. to 6.30 p.m. at Hilton Colombo. In a letter of invitation addressed to multidisciplinary Institutions and Professionals, the […]
‘s developing country status that includes wealthiest countries
Oct 25, 2019 (LBO) – South Korea is to give up special treatment reserved for developing countries by the World Trade Organization in future negotiations given its enhanced global economic status, its finance minister said on Friday. South Korea, Asia’s fourth-largest economy, has maintained its developing country status as a member of the WTO since […]
Advantis Engineering completes modular construction at Jaffna Airport in 2 months
Due to fast-moving economic conditions present in Sri Lanka, utmost importance is placed on the lead time of construction projects in order to satisfy all key stakeholders. Advantis Engineering, an industry leader in rapid, innovative, bespoke space solutions which are a step ahead of its time, utilized its technical expertise in large scale modular construction […]
”; outlook stable
Fitch Ratings has affirmed the National Long-Term Rating on Sierra Cables PLC at ‘BB+(lka)’. The Outlook is Stable. The affirmation reflects Fitch’s expectation that Sierra’s leverage will continue to improve in the next 12 months, driven by a sustained recovery in demand and profitability in the financial year to 31 March 2020 (FY20) due to […]
CA Sri Lanka CPD Academy introduces virtual classrooms
In a novel concept aimed at helping the country’s professional community enhance their knowledge on a variety of topics, the CA Sri Lanka CPD Academy under the guidance of the Continuous Professional Development (CPD) Committee has introduced a series of virtual classroom sessions to help professionals including business leaders stay at the comfort of their […]
Sri Lanka unveils first bamboo energy forum with UNIDO backing
Oct 23, 2019 (LBO) – United Nations Industrial Development Organization (UNIDO) is collaboratively unveiling Sri Lanka’s first forum on bamboo for energy and industrial sustainability. The forum, organized by UNIDO in collaboration with the Institution of Engineers of Sri Lanka (IESL), takes place on Friday, October 25 at the Institution of Engineers Sri Lanka (IESL), […]
Nishantha Senaveratne elected as President of IATA Agents Association
The 31st Annual General Meeting of the IATA Agents Association of Sri Lanka (IATA–AASL) was held on Friday, the 13th of September, 2019 in Melbourne, Australia. 137 participants attend this meeting. Mr. Nishantha Senaveratne, General Manager (Outbound)–Aitken Spence Travels was elected as President of the Association for the year 2019 /2020. Mr. Tilak Wickramasinghe, Managing […]
PA sounds alarm on growing discrepancy between tea auction & export prices
Oct 21, 2019 (LBO) – The Planters’ Association of Ceylon sounded a cautionary note with regard to the health and sustainability of the entire tea industry – including Regional Plantation Companies (RPC), and Government and smallholder sectors at large – as tea and rubber prices at the Colombo auction continuously plummeted in 2019. Releasing a […]
Farm Smart: Developing Sri Lanka’s agriculture sector in the 4IR
Manoj Thibbotuwawa and Nimesha Dissanayaka Rapid population growth has put tremendous pressure on the world’s agricultural systems to provide safe and nutritious food to all. Unfortunately, productivity growth has been hampered by land and water resources degradation and climate change. The economic and social costs of such disruptive drivers imply that the food systems need […]
Global Entrepreneurship Network to formally launch in Sri Lanka
The Global Entrepreneurship Network (GEN) is to formally launch in Sri Lanka with a core group of eminent personalities that are in the forefront of entrepreneurship development and ecosystem building as its Board of Directors. GEN, works to celebrate, understand, support and connect entrepreneurship around the world by creating deeper collaboration between entrepreneurs, investors, researchers, […]
Emirates unveils special fares from Colombo to Mexico City
Travel enthusiasts in Sri Lanka seeking new destinations to conquer can visit Mexico City at a significant saving from 9th December, when Emirates commences flights to the destination via Barcelona in Spain, subject to government approval. The award-winning airline has announced special introductory fares starting at US$ 1,338 (approximately Rs 241,000/- at current exchange rates) […]