All Blogs
SriLankan Aviation College joins ranks of IATA’s regional training partners
SriLankan Aviation College, the training arm of SriLankan Airlines, has signed on to become Sri Lanka’s only International Air Transport Association (IATA) Regional Training Partner joining ranks of a prestigious few training centers numbered to seven in all of Asia. SriLankan Aviation College will be offering the Safety Management Systems (SMS) for Maintenance and Repair […]
Neighbouring Countries Economic Development Cooperation Agency of Thailand extends support to SLanka
The Neighbouring Countries Economic Development Cooperation Agency (NEDA) of Thailand agreed to enhance and expand its cooperation with Sri Lanka during a discussion held between Ambassador of Sri Lanka and Permanent Representative to the UNESCAP, C. A. Chaminda I. Colonne and the Vice President of NEDA, Senior Col. Saranyu Viriyavejakul on 15 January 2024 in […]
SEC Chairman calls for Positive Mindset and Collaborative Synergies at Industry Stakeholder Meetings
Capital Market regulator, the Securities and Exchange Commission of Sri Lanka (SEC) held meaningful discussions with the Chief Executive Officers (CEOs) of stock broker firms and other Market Intermediaries in separate stakeholder engagements in January 2024. The meetings were aimed at fostering collaborative efforts to fortify the regulatory framework and operational infrastructure of the securities […]
Oil Spill Drill at Hambantota International Port
Hambantota International Port (HIP) in partnership with the Sri Lanka Coast Guard and the Sri Lanka Navy, conducted an oil spill drill last week, to enhance their emergency preparedness. “While all health and safety measures are in place to prevent accidents, we are also prepared for the unexpected. Therefore, drills of this nature are mandatory […]
Central Bank maintains policy interest rates at their current levels
The Monetary Policy Board of the Central Bank decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels. The Board arrived at this decision following a comprehensive assessment of domestic and international macroeconomic developments in order to maintain inflation at the […]
Sri Lankans resettled in Tamil Nadu receive passports
The Deputy High Commission of Sri Lanka in Chennai conducted an event on 19 January 2024 to hand over the first batch of ” All Country Passports” to Sri Lankan nationals resettled in Tamil Nadu. The Government of Sri Lanka has so far been issuing a travel document called Refugee Repatriation Passport for this segment […]
Primary & Budget Balances move in opposite directions as interest payments increase
The Fiscal Management Report 2024 published by the Ministry of Finance, shows that the Primary Balance improved from LKR -317 Bn in the 3rd quarter of 2022 to a positive LKR 124 Bn in the 3rd quarter of 2023, as reported by publicfinance.lk. The Budget Deficit, however, worsened from LKR -1,244 to LKR -1,614, this […]
Sri Lanks President addresses the 19th Summit of Non-Aligned Movement
President Ranil Wickremesinghe called on the Non-Aligned Movement (NAM) tobecome a dynamic bloc of the Global South capable of making an effective impact in shaping the evolving new order while addressing the 19th Summit of the Heads of State and Government of the NAM today (19th January), in Kampala, Uganda. President Wickremesinghe is participating at the 19th NAM Summit […]
IMF Staff concludes visit to Sri Lanka; highlights introduction of a progressive property tax
An International Monetary Fund (IMF) mission team led by Peter Breuer visited Sri Lanka from January 11 to 19, 2024 to discuss recent macroeconomic developments and progress in implementing economic and financial policies under the EFF arrangement. At the end of the mission, he issued the following statement: “The economic reform program implemented by the […]
99x Achieves ISTQB Platinum Partner Status Elevating Software Quality Assurance Excellence
99x, a global IT services company, proudly announces its achievement of the prestigious International Software Testing Qualifications Board (ISTQB) Platinum partnership, marking a significant milestone in the company’s commitment to maintain certifications of its staff to provide world-class quality assurance (QA) services. The ISTQB Platinum partnership is a testament to 99x’s unwavering dedication to upholding […]