Director General of the South Asia Department of the Japan International Cooperation Agency (JICA), Teruyuki Ito said that Sri Lanka’s economic reform program is progressing positively and that Sri …
Supreme Court dismisses appeal by Stassen Exports on RABEA Trademarks case
The Supreme Court of Sri Lanka recently delivered a judgement in relation to an Intellectual Property matter relating to the RABEA Trademarks, dismissing an appeal by Stassen Exports. ..
Jetwing Hotels Celebrates its Golden Jubilee
The story of Jetwing starts with Herbert Cooray, an enterprising building contractor who identified the potential Sri Lanka had for tourism, the island people’s inherent warmth and friendliness …
German Companies May Withdraw From Sri Lanka If Import Ban Continues
However, the German Ambassador said that they hope the situation will improve once Sri Lanka’s deal with the International Monetary Fund (IMF) gets approved. Seubert said that there are also concerns …
After India, debt-ridden Sri Lanka gets China’s support for IMF bailout package
India’s ministry of finance last week issued a letter to the IMF to confirm its support to Sri Lanka on the issue of debt restructuring, ahead of the visit by the external affairs minister S …
Bangladesh will get to pick new Saarc secretary general
With the incumbent general secretary, Esala Ruwan Weerakoon of Sri Lanka, set to complete his term in March 2023, there was a confusion as to who would replace him, because as per the alphabetic order …
Palm Beach’s Only Private Island is for Sale…for a Modest $218m
And now it’s up for sale for a once-in-a-lifetime opportunity with Christian Angle Real Estate. Tarpon Island … Barberyn Island, Beruwala, Sri Lanka: $7.2 million As far as luxurious private islands …
Sri Lanka to unveil a ‘robust’ green finance road map this year
In an effort to ensure Sri Lanka structures its financial activities in a manner that brings about better environmental outcomes and a more resilient future, the government yesterday announced the …
Japan’s Mitsubishi, Taisei scale back in crisis-stricken Sri Lanka
Taisei Corp. are closing offices and canceling contracts in Sri Lanka as its devastating economic crisis makes doing business difficult. Trading house Mitsubishi says it will close its Colombo office …
Sri Lanka, India to sign power grid linking pact within two months – envoy
Sri Lanka and India will sign a pact to link their power grids and start negotiations on an upgraded trade agreement within two months, a Sri Lankan diplomat said on Wednesday, as the island nation …