• Softlogic to take Asiri Hospitals international along with its insurance arm - July 15, 2019

    Softlogic Holdings PLC is likely to expand their healthcare services, led by the Asiri Hospitals Group, into other South Asian countries and extend the group’s insurance services into Africa. Softlogic Holdings PLC Chairman/Managing Director Ashok Pathirage told shareholders in the company’s annual report that he hopes to position the Group as a leading[…]

  • EU and Sri Lanka discuss counterterrorism - July 15, 2019

    The European Union (EU) and Sri Lanka held an informal counterterrorism dialogue today, chaired on the EU side by EU Counterterrorism Coordinator Gilles de Kerchove, accompanied by EEAS Head of Division for Counterterrorism John Gatt-Rutter, and on the Sri Lankan side by Acting Secretary of Foreign Affairs, Ahmed A. Jawad,[…]

  • Sri Lanka to host World Economic Forum-backed conference in October - July 15, 2019

    Sri Lanka will host a regional conference in October with the participation of over 150 youth leaders from the region and Europe, as well as a few high level officials from the World Economic Forum (WEF). Despite the cancellation or postponement of several MICE (Meetings, incentives, conferences and exhibitions) events since[…]

  • China’s Ambassador to Sri Lanka slams UK - July 15, 2019

    China’s Ambassador to Sri Lanka Cheng Xueyuan slammed the United Kingdom, accusing it of interference. He also said that countries like China and Sri Lanka, who shared a common history of being bullied and colonized by powers should always remain vigilant in terms of external interference. The Ambassador said that such[…]

  • CBSL denies license cancellation possibility - July 15, 2019

    The Central Bank of Sri Lanka (CBSL) categorically stated that the licenses of banks of non-banking financial institutions cannot be cancelled purely due to the lack of co-operation extended to the tourism sector relief measures, initiated by the Government. Convening a press conference earlier last week to announce a new[…]

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