Softlogic brings all retail operations into one core vertical
Softlogic Holdings PLC completed the transfer of all retail operations into one core vertical under Softlogic Retail Holdings (Pvt) under the restructure plan announced over two years ago. “Softlogic Retail…
Japan’s Takeda Pharmaceutical Plans to Submit Regulatory Filings for its Dengue vaccine in Sri Lanka this year
Takeda Pharmaceutical Company Limited today announced that the European Medicines Agency (EMA) has accepted the Company’s filing packages for its dengue vaccine candidate (TAK-003) which is being investigated for the…
Sri Lanka’s Central Bank Signs $1.5 B bilateral currency swap Pact WIth China
Sri Lanka’s Central Bank (CB) entered into a $1.5 billion ( CNY 10 billion) bilateral currency swap agreement with the People’s Bank of China (PBoC) for a three-year period. However,…
BreadTalk To Close Down All Outlets in Sri Lanka Until Further Notice
The Board of Directors of FoodBuzz (Private) Limited, the sole custodian of franchise rights for BreadTalk in Sri Lanka decided to temporarily suspend its business operations. The parent of FoodBuzz…
Sri Lankan Airlines Signs engineering maintenance agreement with FITS Aviation
Sri Lankan Engineering, the Engineering arm of Sri Lankan Airlines signed a total 360 engineering maintenance agreement with FITS Aviation, encompassing base maintenance, line maintenance, and other engineering services, for FITS Aviation’s Airbus A320 fleet…
Sri Lanka’s discussions for emergency financial support with IMF failed due to disagreements over policy requirements
The International Monetary Fund (IMF) couldn’t proceed with disbursing emergency financial support for Sri Lanka as the discussions failed due to disagreements over policy requirements on debt sustainability to address…
China approves $1.5 billion currency swap with Sri Lanka
(Reuters) – China has approved a 10 billion yuan ($1.54 billion) currency swap with Sri Lanka, a government spokesman in Colombo said on Wednesday. The deal will allow the island…
United States First Lady presents Sri Lanka’s Ranitha Gnanarajah with the International Women of Courage award
On the 8th of March, First Lady of the United States Dr. Jill Biden and Secretary of State Antony Blinken honored Ranitha Gnanarajah as an International Women of Courage (IWOC) award winner for her commitment…
India Denies Approving Sri Lanka’s WCT Deal with Adani group
India on Friday denied Sri Lanka’s announcement that New Delhi had cleared the proposal of an Adani group company to develop the West Container Terminal (WCT) at Colombo port, according to…
COPE Orders to Sri Lanka Insurance submit a report on Maldives and Seychelles Branch Closures
Sri Lanka’s Legislative Committee on Public Enterprises (COPE) has ordered the State-Owned Sri Lanka Insurance Corporation (SLIC) to submit a report expeditious on its decision to close operations in Maldives…