Economy Archives - Page 2 of 6

October 2, 2023

Dubai, UAE, 2 Oct 2023: Emirates has recently been crowned as a 2024 APEX World Class Airline winner for mastering guest experience and delivering outstanding customer service, at the 2024 APEX/IFSA Awards held in Long Beach, California. Evaluated through a comprehensive audit of quality of service, safety, and health control initiatives, Emirates […]

August 25, 2023

Colombo, Sri Lanka – August 25th, 2023 – Sri Lanka’s steadfast commitment to strengthening its export-oriented economy through manufacturing is taking center stage at the 7th edition of the Complete Plastics Exhibition (COMPLAST 2023). The highly anticipated event is currently underway from August 25th to 27th, 2023, at the prestigious Bandaranaike Memorial […]

August 16, 2023

As a responsible corporate citizen and a premier private sector bank in Sri Lanka, Sampath Bank has once again showcased its unwavering commitment to supporting the Sri Lankan economy and its people throughout the past four to five years. Despite facing significant challenges, including the aftermath of the Easter attack, the COVID-19 […]

June 27, 2023

The Chamber of Young Lankan Entrepreneurs (COYLE) held a crucial meeting at the Labour Department with the Minister for Labour, Hon. Manusha Nanayakkara MP, the Commissioner General of Labour, Mr B.K.Prabath Chandrakeerthi, Advisor cum Private Secretary to the Minister, Shan Yahampath and other Ministry officials to address the need for important labour […]

June 8, 2023

As Sri Lanka marks World Environment Day, INSEE Ecocycle takes center stage as the pioneering force in waste management, driven by the principles of the circular economy. With a profound commitment to sustainability and respect for the UN’s Sustainable Development Goals, INSEE Ecocycle has emerged as a game-changer in waste disposal, waste […]

May 22, 2023

PickMe has become a trailblazer by creating safety nets for those working in the gig economy. Currently, over 11,000 drivers are covered under the company’s latest insurance scheme. As PickMe expands their platinum and gold categories for drivers, the insurance scheme will provide cover to more people. Something unique about the scheme […]

April 7, 2023

As the Sri Lankan economy continues to grapple with the effects of the recent economic crisis and the slow pace of recovery, the country’s real estate market is also struggling to cope, particularly since the upcoming housing crunch in Colombo is now starting to raise concerns for both developers and prospective homeowners […]

March 9, 2023

09th March 2023, Colombo: In an effort to support Sri Lanka by stabilising the nation’s economy amid an ongoing economic crisis, the International Finance Corporation (IFC), a member of the World Bank Group, has stepped forward to provide a cross-currency swap facility to Sampath Bank PLC, along with two other private banks. Accordingly, […]

February 27, 2023

Colombo, Sri Lanka, February 27, 2023—To support Sri Lanka amid an ongoing economic crisis, the International Finance Corporation (IFC) is providing a cross-currency swap facility to three of the country’s leading national banks that deal with over 30 percent of Sri Lanka’s remittances and exports. It will support the private sector with […]

January 2, 2023

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Ride hailing and food deliveries have reached pre-covid numbers for PickMe, pointing towards the economy starting to get back on its feet by December 2022. In the last year alone, the app based mobile operator registered over 40,000 new drivers into their network, showing robust growth for the PickMe platform. Jiffry Zulfer, […]

Emirates crowned as 2024 APEX World Class Airline, with additional award for Economy Class amenity kit

Sri Lanka’s Focus on Export Economy Manufacturing Highlighted at COMPLAST 2023

Sampath Bank stands committed to reinvigorate the Sri Lankan economy.

COYLE Holds Discussions on Progressive Labour Reforms for Safer Work Environment for Employees and a larger investor-friendly economy with Minister Manusha Nanayakkara

INSEE Ecocycle: Realizing a Circular Economy through Innovative Waste Management

PickMe insures drivers on and off the clock

Colombo’s looming Housing Crunch: Brace yourself for rising apartment prices

Boost Sri Lanka’s economy with IFC’s $400 million Cross – Currency Swap Facility

Boost to Sri Lankan Economy with IFC Providing Financing of up to $400 Million to Banks to Ensure Essential Imports

PickMe registers over 40,000 new drivers in 2022