All Blogs
| Microsoft Project Silica
Microsoft’s Project Silica can store and retrieve data in quartz glass using laser optics and Microsoft Azure, enabling more sustainable storage that can last thousands of years.
Standard Chartered Sri Lanka strengthens regional ties with Correspondent Banking Conference 2023
Standard Chartered Sri Lanka announced the conclusion of its Correspondent Banking Regional Conference for 2023, held at the Galle Face Hotel on November 23 and 24. Attended by senior representatives from more than 55 banks across the ASEAN and South Asian region, the event served as a pivotal platform for sharing insights, fostering collaboration, and […]
99x leadership transition: Mano Sekaram steps down, new CEO Hasith Yaggahavita
99x, the global technology services company rooted in Sri Lanka, proudly announces a leadership transition, signifying a pivotal moment in its journey. After a distinguished tenure of 20 years, Founder and CEO, Mano Sekaram, will step down from the role of Chief Executive Officer, with Hasith Yaggahavita set to assume the position of CEO effective […]
‘s illicit markets
Research Intelligence Unit (RIUNIT) continues its groundbreaking efforts in shedding light on critical policy matters concerning Sri Lanka’s economic landscape. Their latest series of reports highlights the significance of illicit markets that operate within and beyond the island’s borders. Focused on combating illicit markets and their impact on the nation’s economy, RIUNIT’s latest policy papers […]
Gavinro Investments introduces Sri Lanka’s first 300KM range EV commercial vehicle
Gavinro Investments, a distinguished player in the automotive space for over four decades, has joined hands with Sokon Singapore, a global leader in electric commercial vehicles to launch Sri Lanka’s first 300KM Range Electric Commercial Vehicle with a payload of 1.2 tonnes. The joint venture is founded on the shared vision of supporting the Sri […]
Air Arabia launches direct flights from Abu Dhabi to Colombo
Strengthening the connectivity between Sri Lanka and the UAE, Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier launched its first direct flight from Abu Dhabi to Colombo on Friday, 08 December 2023 from the Abu Dhabi International Airport. Air Arabia will now operate direct flights between Abu Dhabi and Colombo […]
CA Sri Lanka expands its presence in the United Kingdom with new overseas chapter
Embracing its role as a world-class professional body, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) continued to expand its global footprint by establishing a new chapter in the United Kingdom. The CA Sri Lanka United Kingdom Chapter was formally unveiled at a special event in Greater London, in the presence of […]
Constituent Change in the S&P Sri Lanka 20 Index
The Colombo Stock Exchange (CSE) announces the following change in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2023 year-end rebalance. The exclusion and inclusion as announced by S&P Dow Jones Indices, effective from 18th Dec 2023 (after the market close of 15th Dec 2023) are presented below. Exclusions […]
Hirdaramani Apparel, Lacoste Foundation, and UNDP Collaborate to Empower 100 Families
Hirdaramani Apparel and the Lacoste Foundation have come together through the United Nations Development Programme (UNDP) in Sri Lanka’s facility for Private Sector Giving to promote socio-economic recovery and food security and address its multidimensional vulnerabilities. To signify the partnership, Vinod Hirdaramani – Chairman, Hirdaramani Apparel, and Azusa Kubota – Resident Representative of UNDP in […]
IMF Staff Mission Recommends Avoiding Further Monetary Policy Loosening in Sri Lanka
The International Monetary Fund (IMF) staff mission visiting Sri Lanka has concluded that further loosening of monetary policy could be detrimental to the country’s economic recovery and advised against such measures. The mission emphasized the need to avoid “a faster-than-warranted monetary policy loosening” due to the potential for elevated inflation risks.They cautioned that such a […]