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Port City Colombo Hosts Joint Symposium on Coral Reef Ecology
Port City Colombo recently hosted a Joint Symposium on Coral Reef Ecology bringing together renowned experts in the field to discuss the current state of coral reefs and explore strategies for their protection and restoration. The Symposium coincided with World Environment Day and World Oceans Day, highlighting Port City Colombo’s dedication to sustainability and the […]
From pollution to solution: Exploring SL’s waste issue World Environment Day 2023
It is 2023, and the world is at the mid-way point to 2030. Yet, the world’s progress on delivering Sustainable Development Goals (SDGs) are moderately to severely off track. The SDG Progress Report’s Special Edition from May 2023 outlines that the SDGs are disappearing in the rear-view mirror – and with them the hope and […]
MullenLowe Group launches LoweMedia: Appoints Sabry Haniz as VP and Director
Sri Lanka’s largest marketing communications group, The MullenLowe Group (MLG) launches LoweMedia on the 1st of June. LoweMedia becomes the 7th independently managed strategic vertical following the formation of the group’s six other strategic verticals. Today, MLG consists of MullenLowe (Mainstream advertising), LoweDigital (Social, Content and Paid Media) LoweActive (Brand Activation), LoweTech (Martech Services & […]
Ceylinco Life appoints new COO and Deputy COO
Executive Director/Deputy CFO Ranga Abeynayake becomes Chief Operating Officer General Manager – Marketing Samitha Hemachandra appointed Deputy COO Ceylinco Life has announced the appointments of Ranga Abeynayake and Samitha Hemachandra as Chief Operating Officer and Deputy Chief Operating Officer respectively, following the creation of the two positions as part of the Company’s leadership […]
‘s Economic Development
At the invitation of the International Monetary Fund (IMF), the Ceylon Chamber of Commerce recently briefed key representatives of the IMF on recent economic developments in Sri Lanka, and their impact on the country’s economic trajectory. The meeting comprised high-level representatives of the IMF Kenji Okamura, Deputy Managing Director – IMF, and Anne-Marie Gulde-Wolf – […]
UNDP and South Centre jointly organise capacity building workshop on taxation of digitalised economy
The United Nations Development Programme (UNDP), through its Tax for SDGs Initiative, and the South Centre, Switzerland jointly organised a two-day capacity-building workshop on “Taxation of the Digitalised Economy” for nearly 100 officials from the Fiscal Policy Department (FPD), Inland Revenue Department (IRD), the Ministry of Finance and key private sector actors in the digital […]
Sri Lanka Prepares for Assessment on Anti-Money Laundering & Countering Financing of Terrorism
President Wickremesinghe addressing the National Law Conference said that Sri Lanka’s next country assessment on Anti-Money Laundering and Countering the Financing of Terrorism will commence soon. The assessment, slated to commence soon, holds immense significance as it directly impacts the country’s ease of doing business rating and its ability to attract foreign investments. In an […]
‘s proposed broadcasting authority act under fire: Harsha de Silva raises concerns
The government’s proposed Broadcasting Authority Act was criticized by the main opposition at a press conference held Wednesday. Parliamentarian Dr. Harsha de Silva warned the said legislation, touted as an effort to advance the mass media, actually serves as a tool for the government to crack down on and manipulate the media to suit its […]
CBSL requests Govt to phase out remaining import restrictions; official reserves surpass USD 3bn
The Monetary Board of the Central Bank requests the Government to consider phasing out the remaining restrictions on most items of merchandise imports. The exchange rate, which is allowed to be determined by market forces, continues to reflect positive market sentiments underpinned by the improvement in liquidity in the domestic forex market. The Central Bank […]
Central Bank commences monetary easing; cuts SDFR & SLFR by 2.5-pct
Sri Lanka’s Central Bank has decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 250 basis points to 13.00 percent and 14.00 percent, respectively. The Monetary Board of the Central Bank has arrived at this decision with a view to easing monetary conditions […]