Items filtered by date: September 2024

Wednesday, 18 September 2024 13:34

Gaming industry expands with new casino players

The government has approved two local and foreign joint ventures to establish casinos, out of 10 applications submitted to the Ministry of Finance as part of the country’s efforts to boost the gaming industry, according to the Board of Investment (BOI).

Published in Business News

President Ranil Wickremesinghe cautioned the public against making the “mistake” of transferring a “recovering patient”, who was in critical condition, to the care of an “unqualified doctor” after receiving emergency treatment, on September 21.

Ceylinco Life is investing Rs. 2 billion in Sri Lanka’s first Green Bond, serving as its anchor investor in an emphatic demonstration of the company’s commitment to sustainability.

Tuesday, 17 September 2024 10:52

Sean 'Diddy' Combs arrested in New York City

Embattled hip-hop mogul Sean "Diddy" Combs has been arrested in New York City on unspecified federal charges, federal authorities told the BBC's US partner CBS.

Published in International News

The number of people in Myanmar who have died in the wake of Typhoon Yagi rose to more than 220, with nearly 80 others still missing, according to the military government.

Published in International News

Sri Lanka’s economy grew by 4.7% year-on-year (YoY) in the second quarter of 2024, continuing the upward momentum seen since September 2023.However quarter-on-quarter 2Q performance was lower than 5.3% growth achieved in 1Q.

Published in Business News

The effect of climate change on migratory patterns is a further focal point to consider as an assumed 84% of birds listed on the CMS face threats due to global warming, according to environmentalist and lawyer Dr. Jagath Gunawardana.

Chinese Ambassador Qi Zhenhong said both China and Sri Lanka are entering significant five-year periods and at a new turning point, which heralds greater opportunities for cooperation.

Published in Business News

The Government on Friday took a significant step forward in its efforts to boost international trade by approving the ‘Roadmap for Trade Facilitation in Sri Lanka’ and the ‘Trade Facilitation Action Plan 2025-2028’.

The Government has awarded contracts for the development of projects totalling 165 megawatts (MW) across 20 grid substations.

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