JKH signs MoU with leading gaming operator
John Keells Holdings PLC (JKH) today said they have entered into a Memorandum of Understanding (MOU) with a leading international gaming operator regarding the Cinnamon Life Integrated Resort.
SL’s Pekoe Trails bags Best Wider World Tourism Project award
Sri Lanka’s Pekoe Trails won the Best Wider World Tourism Project organized by the British Guild of Travel Writers.
Mexico officials find 123 migrants trapped in trailer
Mexican authorities have found 123 people from neighbouring countries trapped in a trailer in the central state of San Luis Potosi.
Israel officials accuse Gaza reporters of knowing about Hamas attack
Israel's communications minister has accused four freelance Gaza-based journalists who have worked with Western outlets of knowing that Hamas was going to attack Israel.
Property tax likely to be chosen over comprehensive wealth tax: KPMG
As Sri Lanka explores various avenues to enhance its tax revenue, it is likely that the country will opt for a property tax instead of implementing a comprehensive wealth tax, according to KPMG Sri Lanka.
Customs Ordinance to be amended for improved trade practices
The Cabinet of Ministers on Monday approved amendments to the Customs Ordinance to enhance revenue collection, transparency, trade facilitation and compliance requirements.
Sri Lanka Cricket to be governed by 18-member Board of Directors
In a bid to address and resolve the ongoing crisis in Sri Lanka's popular sport of cricket, Sri Lanka Cricket is to be governed by a Board of Directors comprising 18 members.
BOI Industry Advisory Council to tackle industrial sector issues
The BOI Industry Advisory Council (IAC) recently met to deliberate on the opportunities and challenges facing sectors such as ICT, Apparel, Spices and Concentrates, Nautical Tourism, Aquaculture, Electrical and Electronics (E&E) and Minerals.
Sri Lanka Economic Commission comes into effect soon
A new institutional structure is to be created for the establishment of the Sri Lanka Economic Commission and its associated units.
Iran-backed Yemeni rebels shoot down US drone
Yemen's Houthi rebels have shot down a US military drone, US officials and the Iran-aligned Houthi movement have said.
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Star of David graffiti in Paris - the Russian connection
French police believe a graffiti campaign featuring Star of David stencils may have been the work of Russian intelligence.
Sri Lanka becomes a soft target for cybercriminals
Sri Lanka has been identified as a soft target for cybercriminals, and according to the 21st edition of Microsoft's Security Intelligence Report, cryptocurrency mining malware is rampant, where cybercriminals seek illicit profits increasing
Over US $ 500 Mn for deep-water terminal in Colombo
The U.S. International Development Finance Corporation (DFC) on Wednesday (8) announced it has committed more than half a billion dollars to support the development of a deep-water shipping container terminal in the Port of Colombo, Sri Lanka, that will provide critical infrastructure for the South Asian region.
JKH signs MOU with foreign operator to run Cinnamon Life casino
Sri Lanka’s leading blue chip Company John Keells Holdings has entered into an agreement with an international gaming operator recently to run a casino in the Cinnamon Life integrated resort in accordance with a plan initiated in 2014.