SriLankan Airlines, Korean Air activate codeshare partnership
SriLankan Airlines and Korean Air have officially activated a new codeshare partnership, effective from 15 March, presenting enhanced travel options and connections for customers of both airlines travelling between Colombo and Seoul. The new partnership enables SriLankan Airlines to codeshare on flights operated between Singapore and Seoul Incheon by Korean Air, making it possible for […]
IMF second review of Sri Lanka’s bailout package begins today
The International Monetary Fund (IMF) will commence its second review of the Extended Fund Facility (EFF) program for Sri Lanka today (March 07) with an opening meeting scheduled with President Ranil Wickremesinghe. Taking to his X handle (formerly Twitter), Finance State Minister Shehan Semasinghe said this marks a crucial milestone in the ongoing efforts by […]
No fuel price revision in March?
The government has decided not to revise the fuel prices for the month of March. Fuel prices amended as per the monthly pricing formula were supposed to be announced last night (Feb.29). However, the Ceylon Petroleum Corporation (Ceypetco) has decided to keep the prices at current rates this month. Meanwhile, Lanka IOC and Sinopec too […]
Apple unplugs self-driving electric car project, reports say
Apple has reportedly cancelled its plans to build electric vehicles (EV) a decade after the iPhone maker was rumoured to be working on the project. The firm has never publicly acknowledged the project, which involves around two thousand people. Many employees from the project will be moved to the iPhone maker’s artificial intelligence (AI) division, […]
Inaugural T10 League to get underway in December
The inaugural edition of the Lanka T10 League is scheduled to be held from 12 – 22 December, Sri Lanka Cricket (SLC) announced on Monday (26 Feb.). The tournament, which was initially planned to be held in June 2023, was later shifted to December 2023, and now December 2024, as SLC deemed the ‘December window’ […]
President invites all parties to collaborate for national development
President Ranil Wickremesinghe has emphasized the necessity of unity for national development, stating that political divisions hinder progress, the President’s Media Division (PMD) reported. Furthermore, he has extended an invitation to all parties to collaborate, not for their respective political affiliations, but to enhance the quality of life for the people of the nation, according […]
SLC launches first-ever Women’s National Super League
Sri Lanka Cricket (SLC), for the first time, has launched a Women’s National Super League (WNSL). Accordingly, both the 50-over competition and the T20 Tournament of the first-ever Women’s National Super League will be held back to back during the month of February 2024. The 50-over tournament, which commenced today (Feb 06), is a major […]
Sri Lankan investors invited to invest in Bangladesh’s SEZs
Mahbubul Alam, President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), invited the Sri Lankan businessmen and investors to invest in the special economic zones of Bangladesh. The FBCCI President made this call during a courtesy meeting with High Commissioner of Sri Lanka in Bangladesh Dharmapala Weerakkody at FBCCI’s Gulshan office on […]
Sri Lanka’s Colombo Port sees jump in traffic amid Red Sea tensions
Sri Lanka’s Colombo port has seen a big jump in container volumes in recent weeks as vessels steering clear of tensions in the southern Red Sea have found it a convenient transit point, officials said on Tuesday. Yemen’s Iran-backed Houthi rebels have since November attacked ships in the Red Sea, part of a route that […]
‘2024, the year to revitalize country’s economy’: Sabry tells Colombo-based diplomatic corps
Minister of Foreign Affairs Ali Sabry chaired the first briefing of the year for the members of the Colombo-based diplomatic Corps at the Ministry on Thursday (Jan.11). He outlined several areas of progress made on many fronts in 2023 that led to a greater degree of stability, including debt restructuring, economic and legal reforms and […]