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Sri Lanka Ports Authority projected to post Rs. 19 Bn Profit

  • CNL Reporter
  • November 22, 2024
  • Business News
  • Sri Lanka Ports Authority
  • 0 Comments

Sri Lanka Ports Authority is projected to post a profit after tax revenue in the excess of Rs. 19 billion, Harbour Master, Sri Lanka Ports Authority Capt. Nirmal Silva said at the Voyage Sri Lanka 2024 press event.

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SriLankan Airlines wins best entertainment award in Central/Southern Asia

  • CNL Reporter
  • November 22, 2024
  • Aviation news
  • Southern Asia, SriLankan Airlines
  • 0 Comments

SriLankan Airlines has won the prestigious 2025 APEX Best Entertainment Award in Central/Southern Asia at the FTE APEX Asia Expo, held on 20 November 2024 in Singapore.

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Jetstar Asia commences direct flights to Sri Lanka

  • CNL Reporter
  • November 22, 2024
  • Aviation news
  • Jetstar Asia
  • 0 Comments

Singapore-based low-cost airline Jetstar Asia (3K) celebrated the launch of its direct flights between Singapore and Colombo today, as the Singapore carrier becomes the only low-cost airline to operate the route.

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Government to initiate drive for stolen asset recovery

  • CNL Reporter
  • November 21, 2024
  • Political
  • Government to initiate drive for stolen asset recovery
  • 0 Comments

The government is to initiate action for the establishment of a mechanism for stolen asset recovery in keeping with the Stolen Asset Recovery Initiative (StAR Initiative) and fresh measures for probing into corruption and frauds as promised in the election manifesto, Public Security Minister Ananda Wijepala said.

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Government targets US $ 36bn in annual exports by 2029

  • CNL Reporter
  • November 21, 2024
  • Business News
  • Government targets US $ 36bn in annual exports by 2029
  • 0 Comments

The government has set its sights on an ambitious annual export revenue target of US $ 36 billion to be achieved by 2029, according to the Export Development Board (EDB).

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CEB reports turnaround performance in 3Q despite tariff cuts

  • CNL Reporter
  • November 21, 2024
  • Power and energy
  • CEB reports turnaround performance in 3Q despite tariff cuts
  • 0 Comments

The Ceylon Electricity Board (CEB) reported a turnaround performance in the three months through September 2024, at both top and bottom-line levels, as the state-owned power behemoth turned to black,

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Sri Lanka records growth in manufacturing and services in October

  • CNL Reporter
  • November 21, 2024
  • Business News
  • Sri Lanka records growth in manufacturing and services in October
  • 0 Comments

The country’s manufacturing and services sectors in October showed strong upturn, judging by the Purchasing Managers Index (PMI).The manufacturing PMI recorded an index value of 58.1 in October 2024, indicating an expansion in manufacturing activities.

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Tea exports volume up 14% in October 2024.

  • CNL Reporter
  • November 21, 2024
  • Business News
  • Tea exports volume up 14% in October 2024.
  • 0 Comments

Sri Lanka’s tea exports in October have increased by 14% year-on-year (YoY) whilst value-wise, the growth was subdued.

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Sri Lankan students in US increase by 10 percent

  • CNL Reporter
  • November 21, 2024
  • Education
  • Sri Lankan students in US increase by 10 percent
  • 0 Comments

The United States saw a 7% increase in international student enrollment in the 2023-2024 academic year, with 90% of students returning to in-person learning.

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SL student enrollment in the U.S. goes up by 10%, growing educational ties: U.S. Embassy Colombo Reports.

  • CNL Reporter
  • November 20, 2024
  • Education
  • growing educational ties: U.S. Embassy Colombo Reports., SL student enrollment in the U.S. goes up by 10%
  • 0 Comments

The U.S. Embassy in Colombo has announced a significant 10% rise in the number of Sri Lankan students enrolled in U.S. colleges and universities during the 2023-2024 academic year,

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