Development Archives

July 9, 2024

The Grand Opening Ceremony of International Inter-Ministerial Conference on South-South and Triangular Cooperation in Population and Development: ICPD 30- Moving Forward held on 8 July 2024 Monday at the Ball Room of Pan Pacific Sonargaon, Dhaka, Bangladesh. The Government of the People’s Republic of Bangladesh, in collaboration with Partners in Population and Development […]

April 3, 2023

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Huawei released its 2022 Annual Report today. The company reports steady operations throughout 2022, having generated CNY642.3 billion in revenue and CNY35.6 billion in net profits. Huawei continues to strengthen investment in R&D, with an annual expenditure of CNY161.5 billion in 2022, representing 25.1% of the company’s annual revenue and bringing its […]

March 28, 2023

A highly skilled, well-educated workforce who are valued members of the CISI global family were some of the comments made by Chartered Institute for Securities & Investment (CISI) CEO Tracy Vegro on her recent visit to Colombo, Sri Lanka meeting CISI staff, members, stakeholders and partners. The global professional financial services membership […]

February 27, 2023

27th February 2023, Colombo: Norfund, the Norwegian government’s investment fund, with a mission to support sustainably driven business operations in developing countries, recently signed a USD 14 million financing agreement with Hela Apparel Holdings PLC to bolster the development of its manufacturing operations in East Africa. NDB Investment Bank Limited acted as the […]

July 27, 2022

Colombo, Sri Lanka, July 27, 2022—Sri Lanka’s premier connectivity provider, Dialog Axiata PLC (Dialog), is set to expand and improve broadband connectivity across the country with International Finance Corporation’s (IFC) support. IFC’s loan of up to $150 million will help Dialog expand and improve its network capacity through the […]

June 27, 2022

The local dairy industry leader, Pelwatte, is set to launch a range of new products this year which are currently under research and development. Using only 100% locally sourced dairy milk with no added preservatives, flavors and coloring these products will be great additions to Pelwatte’s already extensive dairy products portfolio. […]

June 13, 2022

SLIIT is set to host Postgraduate Open Days for the 2022 June intake offering students the perfect opportunity to discover multiple pathways for academic development. Scheduled for the 17th and 19th of June at the SLIIT Metro and Malabe Campuses respectively, students will be provided insight into the range of postgraduate […]

June 13, 2022

(Colombo): Sri Lanka’s most comprehensive development regulations – the Development Control Regulations (DCR) – introduced by Port City Colombo, was gazetted recently and is now being enforced. An awareness program on the DCR conducted by the Colombo Port City Economic Commission was held at Port City Colombo, today (09). The DCR […]

June 10, 2022

Over 20 project teams were awarded for their excellence in export market development, sustainable innovation and social impact at the Hayleys Group Chairman’s Awards 2021. The annual apex recognition platform of the diversified conglomerate seeks to celebrate its employees across all 16 of its diverse business sectors, who have gone above […]

June 3, 2022

This year’s annual survey, which is widely acknowledged as the industry’s most authoritative source, has, as of Q1 2022, a record 42 global and regional (African) contributors TAGHAZOUT, Morocco, June 2, 2022/APO Group/ — Just four words are needed to sum up the main findings of this year’s African hotel chain […]

Grand Opening Ceremony of International Inter-Ministerial Conference on South-South & Triangular Cooperation in Population & Development

Huawei Releases 2022 Annual Report: Steady Operations, Sustainable Survival and Development

Untapped potential for learning and development in SL financial services market: CISI CEO Tracy Vegro

Norfund To Support the Development of Hela Apparel Holdings’ East African Manufacturing Operations with an Investment of USD 14 Million

IFC Provides US$150 Million Funding Package to Dialog Axiata PLC Towards Broadband Infrastructure Development in Sri Lanka

Pelwatte Dairy, a name synonymous with the principles of innovation and quality

SLIIT Open Days for Postgraduate intake 2022 showcase exciting pathways for academic development

Port City Colombo’s DCR now enforced

Hayleys Chairman’s Awards recognises inspiring teams driving exports, social impact and innovation

Africa hotel development: It’s Egypt, Morocco, Accor & Marriott