Sri Lanka’s Ministry of Shipping and Ports says last year 183 ships arrived at the Magampura Mahinda Rajapaksha Port in Hambantota Port. Out of these ships, 175 ships were cargo ships. In 2017, 126,514 tonnes have been unloaded at the Magam Ruhunupura Mahinda Rajapaksa Port and 46,835 tonnes have beenContinue Reading
Mr. Moon Chan Kim the Co-founder and technical adviser of E&D Co., Ltd, a company which provides environment and energy technology solutions. Its products include EnDsel-PF, a device that reduces the particulate matter, carbon monoxide, and hydrocarbon emissions from diesel vehicles; and EnDsel-PPF, a solution for emission control from lightContinue Reading
The march towards a digital future is undeniable, and Sri Lanka is taking a significant leap forward with its commitment to developing a SL digital identity system. Drawing inspiration from India’s successful Aadhaar program, Senior Presidential Advisor Sagala Ratnayake has announced the nation’s plans to introduce a SL Aadhaar equivalent.Continue Reading
In a powerful stance against inconsistent international practices, the foreign ministers of Indonesia and Sri Lanka delivered a stinging rebuke to the European Union over what they deemed ‘double standards’ in addressing the conflict in Gaza compared to the crisis in Ukraine. The criticism came to the forefront as ministersContinue Reading
Aug 16, Colombo: The Sri Lanka – Singapore Free Trade Agreement (SLSFTA) signed in January this year can be amended within a year if it has any detrimental effect on the country and the economy, a senior minister of the government said. Sri Lanka’s Minister of Ports and Shipping MahindaContinue Reading
The International Monetary Fund (IMF) has recently concluded a decisive first review under the Extended Fund Facility (EFF) with Sri Lanka, marking a significant step towards bolstering the already resilient Sri Lanka economy. The immediate release of SDR 254 million, roughly equivalent to USD 337 million, reflects the Fund’s confidenceContinue Reading
In a landmark visit that signifies deepening economic cooperation, a high-level delegation from Jilin Province, China, met with officials from the Board of Investment (BOI) in Sri Lanka. This prominent exchange, underscored by the presence of the Vice Governor Sui Zhong Cheng, sought to fortify the bridges of trade andContinue Reading
COLOMBO: Singapore and Sri Lanka signed a free trade agreement on Tuesday (Jan 23) which will deepen economic ties and facilitates greater trade flows between the two countries. The Sri Lanka-Singapore Free Trade Agreement (SLSFTA) was signed by Singapore’s Minister for Trade and Industry (Industry) S Iswaran and Sri Lanka’sContinue Reading
SriLankan Airlines flight UL504 en-route from London to Colombo with 268 passengers was diverted to Frankfurt airport last night due to a medical emergency, the airline said. The fight has landed safely at Frankfurt International Airport in Germany. The airline in a travel alert said the most important factor wasContinue Reading