Biden tests positive for Covid, White House says
Joe Biden has tested positive for Covid-19 and is suffering mild symptoms, the White House has said. Karine Jean-Pierre, his press secretary, said the US president is vaccinated and boosted. He has tested positive for Covid twice before. The illness comes as he faces increasing pressure to step aside because of his age.
John Keells Properties showcases ‘TRI-ZEN’ & ‘VIMAN’ to potential investors in Dubai and Abu Dhabi
Sri Lanka’s leading real estate developer, John Keells Properties recently partnered Hatton National Bank, for a property roadshow in Dubai and Abu Dhabi. This occasion provided an ideal opportunity for John Keells Properties to showcase its two latest residential developments, TRI-ZEN and VIMAN, for prospective investors looking for viable investment opportunities in Sri Lanka. The […]
Shein to kick off plans for £50bn UK float
Shein, the controversial fast fashion giant whose popularity soared during Covid, may soon tighten its ties with the UK with plans to sell shares in the business on the London Stock Exchange. The Chinese firm could file the relevant paperwork as soon as this week, potentially valuing the company at $66bn (£51.7bn). Shein’s formula of […]
BMW and Jaguar used banned China parts – US probe
BMW, Jaguar Land Rover (JLR) and Volkswagen (VW) used parts made by a supplier on a list of firms banned over alleged links to Chinese forced labour, a US congressional report has said. At least 8,000 BMW Mini Cooper cars were imported into the US with components from banned Chinese firm Sichuan Jingweida Technology Group […]
Disney and Warner to bundle streaming services
Walt Disney and Warner Bros Discovery say they will start to offer a bundle of the Disney+, Hulu and Max streaming services to customers in the US this summer. The new package will be available to customers on all three streaming platforms. The media giants said they will offer plans with and without adverts but […]
Cinnamon Colombo Hotels Elevates Appreciation Event to Reinforce Commitment to Guest Safety and Experience
Cinnamon Colombo Hotels recently hosted an exclusive appreciation event to celebrate the invaluable contributions of its vendors, wedding concierge services and banquet-associated partners. The event was a significant opportunity to recognise and acknowledge the support received from its partners and its ongoing commitment to elevating the guest experience and safety standards. In an era […]
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 […]
Electricity and fuel supply declared as essential services
An Extraordinary Gazette has been issued declaring all services connected to the supply of electricity and the supply or distribution of petroleum products and fuel as essential services. The relevant gazette has been issued by the Secretary to the President Saman Ekanayake on Sunday (03) by order of the President Ranil Wickremesinghe. Accordingly, the proclamation […]
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 […]
PUCSL to announce decision on CEB’s tariff reduction proposal today
The Public Utilities Commission of Sri Lanka (PUCSL) is slated to deliver its decision on the electricity tariff reduction proposal mooted by the Ceylon Electricity Board (CEB) today (Feb.28). According to a spokesperson of the Ministry of Power & Energy, the tariffs are likely to be reduced by at least 18%. PUCSL will convene a […]
