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IATA Recocomends Rapid Antigen Tests for Air-travel

The International Air Transport Association (IATA) today urged governments to accept best-in-class rapid antigen tests in fulfillment of COVID -19 testing requirements based on the latest research findings of OXERA…

Arcade Independence Square Lease out to Ashok Pathirage-controlled Odel for 10 Years

Sri Lanka’s Odel PLC, a subsidiary of Ashok Pathirage-controlled Softlogic Holdings has entered into an agreement with the Urban Development Authority (UDA) to lease, operate and manage the Arcade Independence…

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…

Pakistan Pitches China-backed CPEC to Sri Lankan Investors

Pakistan’s Prime Minister Imran Khan who’s currently on his maiden official visit to Sri Lanka has invited Sri Lanka’s business community to invest in the $46 billion China-Pakistan Economic Corridor (CPEC)…

Cinnamon Life to handover office and residential units at two towers in March

Sri Lanka’s largest mixed development, the $1 billion Cinnamon Life project announced the handover of units at ‘The Suites’ residential tower and ‘The Offices’ tower by March 2021, following delays.…

Sri Lanka – Korea Business Councill urges Tourism Authorities to target high spending South Korean Tourists

Sri Lanka – Korea Business Council (SLKBC) urges the Tourism Promotion Bureau to target South Korea’s outbound tourism market to attract high-spending tourists to the country. “The Per Capita income…

Etihad Airways Set to Become the First Global Airlines to Launch IATA Travel Pass

The International Air Transport Association and Etihad Airways, the national airline of the UAE, today announced a partnership to launch the IATA Travel Pass for Etihad Airways’ guests. The IATA…

Vietnam and Sri Lanka Express Interest to pursue a Preferential Trade Agreement

During a farewell call on Foreign Minister Dinesh Gunawardena this week, the Ambassador of Viet Nam in Colombo, Pham ThiBich Ngoc endorsed that Sri Lanka and Vietnam have immense potential…

Global Air Passenger Demand Recovery Grinds to a Halt in November – IATA

The International Air Transport Association (IATA) today announced that the recovery in passenger demand which had been slowing since the Northern hemisphere’s summer travel season came to a halt in…

Sri Lanka targets 1.5 million tourist arrivals for 2021

Sri Lanka targets 1.5 million tourist arrivals this year as the government plans to re-open the country’s airports to travelers within the month with COVID-19 health and safety guidelines in…