Sri Lanka asks Amazon to remove bikinis and doormats featuring its flag
Sri Lanka has asked retail giant Amazon to take down bikinis, briefs and doormats featuring the nation’s lion flag from its site, authorities said Sunday, two days after it protested…
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…
Global Fashion Brands Face Legal Complaints On Labour Rights Violations at Hirdaramani Mercury Apparel
Sri Lanka’s Stand Up Movement and Commercial & Industrial Workers’ Union (CIWU) filed a complaint with the Labour Commissioner to conduct an inquiry into nonpayment of workers’ wages and bonuses,…
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…
Commercial Leasing & Finance PLC (CLC) delivers exceptional nine-month interim financial results; on track to surpass profitability over 2019/20 by year-end
Non-Performing Loans at 60% below the industry average Profits increased by 47% Portfolio grew by 5% Deposits rose by 19% Commercial Leasing & Finance PLC (CLC) delivered a powerhouse financial…
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…
Huawei Thailand Receives Prestigious Prime Minister Award as Digital International Corporation of the Year
Huawei Technologies (Thailand) Co., Ltd. has been chosen for the Special Prime Minister Award and recognized as “Digital International Corporation of the Year”. The award acknowledges Huawei Thailand for its…
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…
Gembridge appoints top gem merchant Armil Sammoon as its ambassador to Sri Lanka
Digital coloured gemstone trading platform Gembridge appointed top gem merchant Armil Sammoon as its ambassador to Sri Lanka. Under its global ambassador network, Gembridge plans to popularise the trading platform…