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Sri Lanka waives off the landing and parking fees at Two International Airports

The cabinet of Ministers has approved a proposal to waive landing and parking fees for International airlines in order to attract airlines to Rajapaksha International Airport in Mattala, and Colombo…

Sri Lanka’s fruit and Vegetable industry enters into MOU with WB’s Agriculture Sector Modernisation Project

The Lanka Fruit and Vegetable Producers, Processors and Exporters Association (LFVPPEA) have entered into a memorandum of understanding (MOU) with the World Bank’s (WB) Agriculture Sector Modernisation Project (ASMP) anticipating…

No one owns Huawei but its employees

By Jiang Xisheng Sweden’s telecom regulator, PTS, recently excluded the country’s operators from using Huawei equipment in their 5G networks, justifying the action by saying that any vendor based in…

Huawei launches feature packed New Smart Watch and wearables in Sri Lanka

As the use of wearable hi-tech such as smartwatches and wireless ear buds reaches a new high, Huawei, the global smartphone brand recently unveiled a range of its high-end series…

A year of pushing boundaries with industry-leading camera innovation and sleek design in the world of smartphones

vivo, a leading smartphone brand, is known for innovation. It is the most desirable brand with a powerful camera, innovative features and stylish design. Over the years, vivo has launched…

Singer rolls out biggest offers this festive season topped with massive discounts

Singer Sri Lanka PLC, the country’s number one consumer durables retailer has unveiled an incredible range of tantalizing seasonal treats to its customers during this festive season. Walk-in customers to…

Global electricity generation from coal is set to drop by the largest amount on record in 2020

Global coal generation is estimated to fall by 5% in 2020 to 2012 levels, marking the largest annual decrease on record, the International Energy Agency (IEA) estimated in a new…

Justice K. Sripavan appointed as the New Commercial Bank Chairman

The Board of Directors of Commercial Bank green-lighted the appointment of Justice K. Sripavan as the New Chairman of the Bank with effect from 21st of this month, upon the…

United States assures support for Sri Lanka in responding to COVID and building its economy despite the withdrawal of the MCC grant

The United States assures support for  Sri Lanka in responding to COVID and building its economy, despite the withdrawal of  Rs. 89 billion   Millennium Challenge Corporation (MCC) grant. ” On December…

CLC Islamic Finance expands its reach through new Service Centers

CLC Islamic Finance, the Islamic Banking Division (IBD) of Commercial Leasing and Finance, continuously recognized as an award winning institution at local and South Asian regional levels, has rolled out…