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CBSL Responds to Concerns Regarding Staff Remuneration Revision
The Central Bank of Sri Lanka (CBSL) has acknowledged recent media coverage of comments made by Members of Parliament regarding the latest revision of employee salaries. The CBSL emphasized that it will provide further information once granted the requested opportunity to address Parliament or receive a formal request for clarification. Full Statement Central Bank of […]
Fitch Assigns Merchant Bank of Sri Lanka & Finance First-Time Rating of BBB+(lka); Outlook Stable
Fitch Ratings has assigned Merchant Bank of Sri Lanka & Finance PLC (MBSL) a first-time National Long-Term Rating of ‘BBB+(lka)’. The Outlook is Stable. MBSL is 84.5% owned by Bank of Ceylon (BOC, A(lka)/Stable) and other BOC group entities. BOC is the largest banking group in the country.
Port City Colombo hosts networking session with Chairman of Commonwealth Enterprise and Investment Council
Port City Colombo (PCC) hosted a special business networking session with Lord Marland, Chairman of the Commonwealth Enterprise and Investment Council (CWEIC), recently at the Port City Colombo Sales Gallery. Acting as an excellent platform for PCC to present its upcoming investment prospects, this occasion showcased Lord Marland’s strong support for PCC’s investment promotion drive, […]
CSE launches version3 of its Business Intelligence Dashboard – CSE Market IQ
The Colombo Stock Exchange (CSE) recently launched the 3 rd version of its internal business intelligence dashboard coined the CSE ‘Market IQ’ (MIQ). This advanced version of the business intelligence dashboard, which was specifically designed to convert analysed data into insights for the convenience of internal stakeholders, is a major step into the future of […]
Eran questions Speaker under Point of Order
Eran Wickramaratne, Member of Parliament of SJB, questioned the Speaker by raising a question under the standing orders, whether the Constitutional Assembly, which has been established as an independent institution, has approved the rules for approving Bills adhering to proper methods. He also questioned whether the Secure Transactions Bill, which was taken for debate in […]
US Under Secretary Concludes Visit: Emphasizes Freedom of Expression for Transparent Governance
Liz Allen, the first U.S. Under Secretary of State for Public Diplomacy to visit Sri Lanka, concluded a historic three-day trip to Colombo (February 17-19), during which she interacted with young leaders, entrepreneurs, content creators, civil society, and journalists to reaffirm U.S. support for Sri Lanka’s economic recovery and long-term prosperity. In a meeting with […]
Sri Lanka’s tourism poised for remarkable growth as visa free travel enhances industry potential
Tourism in Sri Lanka is on a high growth trajectory following a boost in Sri Lanka’s potential as a must-visit destination. Visa free travel for tourists from China, India, Indonesia, Russia, Thailand, Malaysia and Japan has provided the right nudge for tourists to put Sri Lanka on the top of their travel bucket list. Nationals […]
VIDEO: Introducing Sora — OpenAI’s text-to-video model
Sora can create videos of up to 60 seconds featuring highly detailed scenes, complex camera motion, and multiple characters with vibrant emotions. “We’ll be taking several important safety steps ahead of making Sora available in OpenAI’s products. We are working with red teamers — domain experts in areas like misinformation, hateful content, and bias — […]
SJB not accepting Online Safety Bill which restricts media freedom as legislation duly passed: Eran
Eran Wickramaratne said that the main opposition, Samagi Jana Balawega, did not accept the legislation on Online Safety Act as passed in Parliament as it was processed without following due process of passing a bill in the parliament. Therefore we urge the government to cancel this piece of legislation on Online safety Bill which is […]
FAO’s Director-General Arrives in Sri Lanka to Inaugurate UN FAO Conference
FAO Director-General, Dr QU Dongyu, arrived on Sunday in Sri Lanka for a three-day visit to participate in the 37th Session of the FAO Regional Conference for Asia and the Pacific. Government Ministers and Heads of Delegations from as many as 46 Member Nations are gathering in Colombo for the event. Sri Lanka is hosting […]