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Economy
Emirates launches global recruitment drive, plans to hire 5,000 cabin crew in 2024
Dubai-based airline Emirates is on a recruitment drive and is set to hire 5,000 cabin crew members in 2024.
The new hiring comes as Emirates begins to take delivery of its eagerly anticipated A350s from mid-year and the Boeing 777-Xs…
Google lays off hundreds of employees in advertising sales team
Google is laying off hundreds of employees in its advertising sales team, the Alphabet-owned company said on Tuesday, marking the latest cuts at the search giant.
The move adds to signs that job cuts will continue this year, as companies…
GFlock opens Sri Lanka’s largest ready-made showroom under one brand at Wattala
Sri Lanka's largest ready-made showroom under one brand was opened in Wattala Yesterday (20) under the chairmanship of its chairman, Mr. Ranil Willaddarage.
Sri Lanka's largest showroom under one brand was inaugurated with a fresh…
Economic growth of 1.8% expected in 2024 – Finance State Minister
State Minister of Finance, Shehan Semasinghe says the anticipated economic growth for the year 2024 is projected at 1.8%.
Addressing a press briefing at the Presidential Media Centre (PMC) on Tuesday (Nov.14), the lawmaker has…
S. Korea to establish factories of world’s leading brands in Sri Lanka
South Korea has expressed their intentions and interest in establishing in Sri Lanka, the factories of industry-leading global brands in South Korea.
A discussion pertaining to the matter was held between the officials of the Ministry of…
U.S. International Development Finance Corporation reaffirms commitment with $30 Million Loan to CDB…
During U.S. International Development Finance Corporation (DFC) CEO Scott Nathan’s trip to Colombo November 7-8, he announced $30 million in DFC financing to Citizens Development Business Finance PLC (CDB) to support women entrepreneurs,…
William Angliss Institute @ SLIIT – The Place for Aspiring Hoteliers to Gain World Class…
(COLOMBO, Sri Lanka) - William Angliss Institute @ SLIIT hosted a networking and awareness event for media representatives and other stakeholders to provide awareness about the range of courses and programs offered by the institute whilst…
Sri Lanka to enhance trade relations with South Asia, South East Asia and East Asia
In a bid to expand supply capacity and broaden market access, the government of Sri Lanka has decided to actively deepen its integration with South Asia, South East Asia and East Asia.
This multifaceted growth strategy aims to propel the…
Stock market indices record significant gains today
Indices at the Colombo Stock Exchange (CSE) recorded significant gains today (Oct. 20).
Thereby, the All Share Price Index (ASPI) was up by 260.11 points (2.46%) to close at 10,850.53 points, while S&P SL20 increased by 106.92 points…
Fitch affirms ratings on 7 Sri Lankan insurers, removes negative watch
Fitch Ratings has affirmed the National Insurer Financial Strength (IFS) Ratings of several Sri Lankan insurers and removed them from Rating Watch Negative (RWN). The outlook is ‘Stable’.
The insurers are:
- Sri Lanka Insurance…