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Bar Association Defends New Regulations for Foreign LL.B. Degree Holders
The Bar Association of Sri Lanka (BASL) has released a statement defending the proposed regulations for entry into the legal profession for holders of foreign Bachelor of Laws (LL.B) degrees. The statement comes in response to an Adjournment Motion being discussed in Parliament concerning the matter. The BASL emphasizes the importance of establishing minimum qualifications […]
‘s Cabinet Approves New Foreign Exchange Rules; Reinstates Employee Stock Scheme Investments
The Cabinet of Ministers has approved new foreign exchange rules that both extend existing restrictions and lift some limitations, including the reinstatement of employee investments in stock schemes, effective December 28, 2023. This comes as the current rules, implemented under Section 22 of the Foreign Exchange Act No.12 of 2017 in April 2020, are set […]
Sri Lanka Streamlines Renewable Energy Project Approval Process
In a move to accelerate the implementation of renewable energy projects and meet ambitious national climate targets, the Sri Lankan government has announced a new streamlined approval process. The Cabinet of Ministers, at a meeting on November 20th, 2023, approved the proposal presented by the Minister of Power and Energy to establish a combined standing […]
X-Venture Introduces Xapi: The Ultimate Solution to Streamline API Design
X-Venture, a pioneering IT firm based in Sri Lanka, has just launched their flagship product ‘Xapi’, a revolutionary API design platform tailored for companies seeking for standardized and efficient API design process. In today’s tech-driven world, Application Programming Interfaces (APIs) play a vital role in connecting diverse software systems and enabling seamless communication between them. […]
VIDEO: Google — 25 Years in Search: The Most Searched
This year, Google is celebrating the most searched figures and moments in 25 years of Google Search. From some of the world’s most iconic performances, to history-making breakthroughs, see the moments that have changed the world and inspired the next generation to come.
Port City Colombo in round table discussion at Commonwealth Trade and Investment Summit
Port City Colombo (PCC) showcased its commitment to sustainable development and global economic cooperation at the third Commonwealth Trade and Investment Summit (CTIS) held in London recently. CTIS, known for bringing together senior business leaders and ministers from across the Commonwealth’s five regions, provided an ideal platform for PCC to engage in critical discussions on […]
Virtusa host CMO in Sri Lanka and discusses of transformation across HR, brand, technology and sales
Virtusa, the global provider of digital engineering solutions hosted Brian Jochum, the company’s Chief Marketing Officer and a member of the Global CXO team in Sri Lanka recently. During hismvisit, Jochum visited the Virtusa offices in Sri Lanka, met with the local leadership and addressed the media at an outreach event. Jochum’s visit to Sri […]
Softlogic (SHL) shares again suspended from trading
December 8, 2023 (LBO) – Shares in Colombo Stock Exchange (CSE) listed Softlogic Holdings (SHL) have been suspended from trading again on a December 8th. The suspension is due to the failure of the company to file an annual report for the year ended March 31, 2023. The suspension comes on the heels of a […]
President Appoints Vadivel Suresh as Senior Advisor for Hill Country Tamil Integration
In a significant move aimed at fostering the integration of Hill Country Tamils into Sri Lankan society, President Ranil Wickremesinghe has appointed Member of Parliament Vadivel Suresh as a Senior Advisor with immediate effect. Suresh’s pivotal role will centre around overseeing the comprehensive integration of Hill Country Tamils, particularly focusing on the districts of Badulla, […]
Microsoft 2024 Imagine Cup launches in Sri Lanka Offering students, a platform for AI-innovation
Microsoft Imagine Cup, the global technology startup competition for visionary student entrepreneurs harnessing the power of Microsoft AI, has announced its launch in Sri Lanka for 2024. Microsoft’s Imagine Cup is in its 22nd year. The competition, which offers the opportunity to develop a technological solution to address some of today’s most pressing local and […]