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CA Sri Lanka unveils special logo to celebrate 65th anniversary
Building on an inspiring legacy that has transformed the accounting landscape since 1959, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) unveiled a special logo on 18th July 2024, in celebration of its 65th anniversary this year. The logo symbolizes CA Sri Lanka’s rich heritage and unwavering commitment to professional excellence. The […]
Scope Cinemas Brings IMAX®️ to Sri Lanka Sparking Cinematic Revolution
Scope Cinemas is set to revolutionise cinema experiences in Sri Lanka with the opening of its new IMAX®️ Theatre at Havelock City Mall on the 26th of July 2024. This eagerly anticipated launch promises to bring an unparalleled level of audio-visual immersion for Sri Lankan moviegoers, marking a milestone moment for entertainment in the country. […]
‘s CBD See 48-pct Price Increase from 2018 to 2023: LankaPropertyWeb
In 2023, overseas interest in Sri Lankan properties surged by 33% compared to the previous year, as reported in the Real Estate Market Outlook Report 2024 (REMOR24) by LankaPropertyWeb, the leading real estate portal in Sri Lanka. According to the report, the demand for residential apartments in Sri Lanka is set to dominate the market […]
Unlocking Economic Potential: Why Debt Restructuring Alone Won’t Suffice Without SOE Reforms
The Advocata Institute held a press briefing titled “Unlocking Economic Potential: Why Debt Restructuring Alone Won’t Suffice Without SOE Reforms” was held on the 17th of July,2024 at Lavender Hall, BMICH. The event brought together key speakers Shihar Aneez (Senior Financial Journalist), Rehana Thowfeek (Research Consultant to Advocata Institute), and Dhananath Fernando (CEO of Advocata […]
Opportunities for Companies to raise debt capital through sustainable bonds for greener future
The Securities and Exchange Commission of Sri Lanka (SEC) and The Colombo Stock Exchange (CSE), in collaboration with the Asian Development Bank (ADB) hosted an issuer forum titled “Towards a Greener Horizon: Unlocking Opportunities through Sustainability Bonds” recently in Colombo. The forum was aimed at enhancing awareness and building capacity among stakeholders including representatives from […]
PRASL Masterclass highlights future of reputation management
The Public Relations Association of Sri Lanka (PRASL) hosted a sold-out full-day workshop, “The Pursuit of Reputation Masterclass,” featuring esteemed industry experts Amith Prabhu and Sujit Patil. This event provided profound insights into the complexities of reputation management in the modern Public Relations (PR) landscape. Amith Prabhu, a pioneering public relations professional with two decades […]
Colombo Dockyard signs agreement to set up fully-fledged workshop at Hambantota International Port
Colombo Dockyard (CDPLC) inked an agreement with Hambantota International Port Group (Private) Ltd (HIPG), to setup a fully-fledged workshop at the HIPG facility on the 16th of July 2024. Once the workshop is setup, this will augment the service availability and the speed of service to the clients, improving the economics to the end user. […]
Sri Lanka High Commission in London unveils first ever replica of Colombo Port City abroad
The High Commission of Sri Lanka in London in collaboration with the Colombo Port City Economic Commission (CPEC) and the CHEC Port City Colombo (Pvt) Ltd ceremoniously unveiled a detailed replica of the Colombo Port City on 12 July 2024, showcasing the ambitious and transformative project that is set to redefine Sri Lanka’s economic landscape. […]
JAAF welcomes electricity tariffs reduction :Calls for continued energy policy reforms
The Joint Apparel Association Forum (JAAF) welcomed the recent decision by the Public Utilities Commission of Sri Lanka (PUCSL) to implement a 25.3 percent reduction in industrial electricity tariffs, parallel to a 27 percent reduction for domestic customers and a 22.5 percent overall reduction effective from July 16, 2024. In addition to easing the burden […]
Opinion: Sri Lanka’s Path to Prosperity – Harnessing Foreign Investment Amid Climate & Political Challenges
By Jithendra Antonio Sri Lanka, an island nation rich in history and culture, is grappling with severe economic vulnerabilities. With limited land and finite natural resources, the country faces significant challenges in commercializing these assets. Climate change further exacerbates these issues, casting a shadow over key sectors like agriculture, fisheries, and tourism. Despite these challenges, […]