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Sri Lanka to assume Chairmanship of Indian Ocean Rim Association (IORA), 2023 – 2025
Sri Lanka will assume the Chairmanship of the Indian Ocean Rim Association (IORA) for the period 2023 to 2025 at the forthcoming 23rd Council of Ministers’ Meeting hosted by Sri Lanka on 11 October 2023 in Colombo. The Council of Ministers’ Meeting will be preceded by the 25th Meeting of the Committee of Senior Officials. […]
Thriving on TikTok: A soul laced with dance
In a digital age where everyone is showcasing their unique personalities, there are a few who stand out with exceptional talent. TikTok’s dance community is a diverse melting pot of talent, bringing together individuals from various backgrounds, cultures, and skill levels.From professional dancers to enthusiastic beginners, everyone has the opportunity to showcase their creativity and […]
‘You think less of your country than I do’ – Mo Gawdat on Sri Lanka
Cinnamon Hotels and Resorts hosted Mo Gawdat, the former Chief Business Officer of Google X and Best-selling author, at Cinnamon Lakeside Colombo last week to enlighten a Sri Lankan audience of IT specialists, businessmen, professionals, and corporates on the future of Artificial Intelligence. As an entrepreneur with a 30-year career in technology, he gave […]
Agarapatana Plantations Ltd debuts trading on the CSE
The shares of Agarapatana Plantations Limited (CODE: AGPL-N-0000) commenced trading on the Colombo Stock Exchange (CSE) on 04 th September 2023. The shares have been listed on the Diri Savi Board of the CSE under the Food, Beverage & Tobacco sector. The occasion was marked with a special Bell Ringing Ceremony. The company’s Initial Public Offering (IPO) for 83,070,111 ordinary voting shares has been oversubscribed […]
SL CB Governor Dr. Nandalal Weerasinghe among ‘A-’ rated leaders
Sri Lanka’s Governor of the Central Bank, Dr. Nandalal Weerasinghe has been rated ‘A-‘ by the Global Finance Magazine. The Global Finances Report Cards 2023 ranked Central Bank Governors from ‘A’ to ‘F’ of 101 countries based on inflation control, economic growth goals, currency stability, and interest rate management. The Central Banker Report Cards, published […]
Ceylon Chamber of Commerce &”
The Ceylon Chamber of Commerce and the Sri Lanka Retail Association (SLRA) signed a Memorandum of Understanding to collaborate on organizing the Sri Lanka Retail Forum 2023 on 19th October at the Cinnamon Lakeside Hotel. The Sri Lanka Retail Forum is a significant initiative that brings together the most influential players in Sri Lanka’s retail […]
Sri Lanka Govt should rethink minimum room rates policy: Advocata
The Advocata Institute expresses concern over the recent proposal by the Sri Lankan Authorities to impose minimum room rates on hotels in the city of Colombo. This proposal, set to take effect from October 1st 2023, stipulates rates of USD 130 for 5-star hotels, USD 100 for 4-star hotels, and USD 80 for 3-star hotels. […]
‘s experience multidimensionally vulnerability: UNDP Report
Debt, a lack of education, and the ability to adapt to disasters are factors that make most people feel vulnerable, says a new report, released today by the United Nations Development Programme (UNDP) and the University of Oxford’s Poverty and Human Development Initiative (OPHI). The Policy Report titled ‘Understanding Multidimensional Vulnerabilities: Impact on People of […]
CCPI based headline inflation decreased to 4-pct in August
Headline inflation, as measured by the year-on-year change in the Colombo Consumer Price Index decreased to 4.0% in August 2023 from 6.3% in July 2023 in line with the projections envisaged by the Central Bank in July 2023. The Food deflation continued for the second consecutive month recording 4.8% in August 2023 from 1.4% in […]
Standard Chartered drives inclusion with enhanced global parental leave benefit
Standardised minimum 20-week parental leave provisions irrespective of gender, relationship status or how a child comes to permanently join an employee’s family. Standard Chartered globally has announced the rollout of enhanced parental leave benefits. From 1 September 2023, the Bank will be standardising the amount of parental leave offered for both mothers and fathers and […]