Huawei Sri Lanka launches ‘Seeds for the Future’ 2020
Leading global information and communications technology (ICT) solutions provider, Huawei launched flagship Corporate Social Responsibility (CSR) for the 5th time in Sri Lanka earlier this week, on 14th December 2020…
IATA to launch its Travel Pass within 1Q2021
The International Air Transport Association (IATA) is on the schedule to release the IATA Travel Pass early in the first quarter of 2021 to help reconnect our world safely. The…
Sri Lankan Airlines plans to procure two freighters in 2021
Sri Lankan Airlines (UL) plans to call Request for Proposals (RFP) to procure two dedicated freighters shortly. “There’s so much cargo business at the moment. Exports have picked up, so…
Sri Lanka targets $2.5 B FDI in 2021
Sri Lanka targets $2.5 billion worth of Foreign Direct Investments (FDI) in 2021 backed by committed investments from Chinese firms. “We are targeting at least $2.5 billion in FDI inflows,…
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Sri Lanka faces worst decline as debt crisis looms
Sri Lanka Tuesday announced its worst economic slump with second-quarter GDP plunging 16.3 percent as international concern grows over its ability to repay foreign debt. The department of Census and…
LOLC acquires Hemas’ Serendib Hotel PLC for Rs.792M
Sri Lanka’s Hemas Holdings PLC (HHL) has divested its’ shareholding in Serendib Hotel PLC to LOLC Holdings PLC for Rs 791.7 million. Eden Hotel Lanka PLC, a unit of LOLC…
ASEAN to accelerate digital integration for post-COVID economic recovery
To boost the regional recovery in the post-COVID 19 era, ASEAN should accelerate its digital integration which has the potential to generate a US $1 Trillion uplift in GDP by 2025, said Dr. Aladdin…
IIT’s “Beyond Business 2020” webinar educates students of key challenges facing today’s business world
Informatics Institute of Technology (IIT), the pioneer in British higher education in Sri Lanka and the country’s premier IT and Business campus, successfully conducted “Business Beyond 2020”, an informative webinar…
Increase your vehicle value by taking it to the authorized agent – CMTA
The Ceylon Motor Traders Association (CMTA), Sri Lanka’s leading automotive association with a 100-year history, states that especially due to the current import suspension, vehicle owners should maintain their vehicles…
Sri Lanka plans to resume international flight operations after Christmas
Sri Lanka plans to resume international flight operations from the 26th of December allowing commercial and cargo flights to operate to Island Nation without a restricted schedule, the Civil Aviation…