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Sri Lanka Announces Agreement in Principle on Sovereign Debt Restructuring with Bondholders and Local Consortium
20/09/2024

Sri Lanka Announces Agreement in Principle on Sovereign Debt Restructuring with Bondholders and Local Consortium

The Government of the Democratic Socialist Republic of Sri Lanka ("Sri Lanka") announced today that it has successfully held restricted discussions from 12 to 18 September 2024 with nine members of the steering committee ("Steering Committee") of the Ad Hoc Group of Bondholders ("Group"). Sri Lanka,...

Mammootty and Mohanlal to Reunite for a Major Malayalam Film Shot in Sri Lanka
20/09/2024

Mammootty and Mohanlal to Reunite for a Major Malayalam Film Shot in Sri Lanka

Sri Lanka is set to host the filming of a highly anticipated Malayalam film, starring two of the industry's biggest icons, Mammootty and Mohanlal. This marks the duo's first on-screen collaboration in 20 years, creating significant excitement in the film world. The announcement followed a meeting be...

Rare Celestial Event: Asteroid 2024 PT5 to Become Earth’s Temporary Mini-Moon
20/09/2024

Rare Celestial Event: Asteroid 2024 PT5 to Become Earth’s Temporary Mini-Moon

In a rare celestial occurrence, asteroid 2024 PT5, which is heading towards Earth, is set to have an unusual fate. Instead of smashing through Earth's atmosphere like many other asteroids, 2024 PT5 is expected to be temporarily trapped in Earth’s orbit, becoming a "mini-moon." However, this mini-m...

President Wickremesinghe Inaugurates South Asia’s Largest Vehicle Assembly Plant, Vows Uninterrupted Progress Despite Pr...
20/09/2024

President Wickremesinghe Inaugurates South Asia’s Largest Vehicle Assembly Plant, Vows Uninterrupted Progress Despite Protests

President Ranil Wickremesinghe inaugurated the Western Automobile Assembly Private Limited (WAA) vehicle assembly plant in Kuliyapitiya last Saturday (17), marking a major milestone in Sri Lanka's automotive industry. The $27 million facility, now the largest vehicle assembly plant in South Asia, is...

Strengthening Economic Ties: Sri Lankan Delegation Promotes Port City Colombo to Qatari Real Estate Investors
20/09/2024

Strengthening Economic Ties: Sri Lankan Delegation Promotes Port City Colombo to Qatari Real Estate Investors

In a key initiative aimed at fostering stronger business ties and enhancing investment opportunities between Sri Lanka and Qatar, a special delegation from Port City Colombo visited major real estate companies in Doha from September 3 to 5, 2024. The visit was organized by the Embassy of Sri Lanka i...

Enthusiasm for Chinese Language Grows at Sabaragamuwa University, Thanks to Dedicated Chinese Teachers
20/09/2024

Enthusiasm for Chinese Language Grows at Sabaragamuwa University, Thanks to Dedicated Chinese Teachers

On the tranquil, hilly campus of Sabaragamuwa University, located in the southern foothills of Sri Lanka’s central mountains, the sound of voices practicing Chinese has become a familiar feature. This is due to the efforts of three dedicated teachers from China who lead a Confucius Classroom, esta...

Grand Octopus: Luxurious Boat for Life’s Special Occasions Launched at Ramadia Ranmal Hotel
20/09/2024

Grand Octopus: Luxurious Boat for Life’s Special Occasions Launched at Ramadia Ranmal Hotel

The Grand Octopus, a luxurious fully air-conditioned boat designed to host special occasions, was recently launched at Ramadia Ranmal Hotel. This stunning vessel is perfect for a range of events, including weddings, birthday parties, family gatherings, and office functions. Rohan Fernando, Managing....

EDB and University of Moratuwa Partner to Boost Innovation in Engineering and Energy Sectors
20/09/2024

EDB and University of Moratuwa Partner to Boost Innovation in Engineering and Energy Sectors

The Sri Lanka Export Development Board (EDB) has entered into a strategic partnership with the Engineering Faculty of the University of Moratuwa by signing a Memorandum of Understanding (MoU) aimed at strengthening collaboration between academia and entrepreneurs in the fields of construction, power...

Tiesh Jewellery, The Ropewalk, and Fig & Maple Unite for an Exclusive Luxury, Art, and Fine Dining Showcase
20/09/2024

Tiesh Jewellery, The Ropewalk, and Fig & Maple Unite for an Exclusive Luxury, Art, and Fine Dining Showcase

In a remarkable fusion of luxury, art, and culinary mastery, Tiesh Jewellery joined forces with The Ropewalk at Galle Fort Hotel and Fig & Maple, India, for an exclusive evening of fine dining, cocktails, and a captivating showcase of Tiesh’s ‘Timeless Elegance’ jewellery collection. Held at t...

Soap Manufacturer Admits to Selling Substandard Baby Soap in Court
20/09/2024

Soap Manufacturer Admits to Selling Substandard Baby Soap in Court

A prominent soap manufacturing company recently confessed in the Maligakanda Magistrate’s Court to producing and selling substandard baby soap, following an investigation by the Consumer Affairs Authority (CAA). The company, known for marketing attractively shaped and affordably priced baby soaps,...

Meta Adjusts AI Labels on Instagram, Facebook, and Threads: A New Approach to Generative AI Transparency
20/09/2024

Meta Adjusts AI Labels on Instagram, Facebook, and Threads: A New Approach to Generative AI Transparency

Meta has announced changes to how it labels AI-modified content on Instagram, Facebook, and Threads, marking a significant shift in the company's approach to generative AI. The visibility of AI involvement is now reduced, with the ‘AI info’ label for AI-edited content being moved to the post’s...

Ather Energy Teams Up with Evolution Auto to Bring the Ather 450 Series Electric Scooters to Sri Lanka
20/09/2024

Ather Energy Teams Up with Evolution Auto to Bring the Ather 450 Series Electric Scooters to Sri Lanka

Evolution Auto, in collaboration with Sensei Capital Partners, Atman Group, and Sino Lanka Private Limited, proudly announces its partnership with Ather Energy, India’s leading electric scooter manufacturer, to introduce the Ather 450 series of electric scooters in Sri Lanka. As the official distr...

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