All Blogs
“There is opportunity in crisis” – JAAF Secretary General
Apparel industry proves resilient in the face of adversityTotal apparel exports in July 2022 ($ 522.14 million) – 22.4% increase YoY As Sri Lanka struggles with the ongoing economic crisis, the country’s trade balance recorded a surplus last July. While this surplus reflects the continued decline in import expenditure, it is also reflective of the […]
Businesses spending higher percentage of technology budgets on cybersecurity, Sophos research reveals
Sophos, a global leader in next-generation cybersecurity, today released additional findings from its survey report, The Future of Cybersecurity in Asia Pacific and Japan, in collaboration with Tech Research Asia (TRA), revealing businesses are increasingly prioritising budget for cybersecurity. In 2022, 11 per cent of technology budgets are dedicated to cybersecurity, an increase from 8.6% […]
Opinion: What Sri Lanka Can Learn From Thatcher’s Legacy
by M. Rizwan Muzzammil Introduction The following article, describing the economic situation of post-war United Kingdom (UK), extracts information from “The Power of Capitalism” by Rainer Zitelmann. The reader is encouraged to refer to this book for more details and references. After the War In 1945 the Labour Party won the general elections, and prime […]
Korean Envoy encourages more investment & trade between Korea and Sri Lanka
On 7th September 2022, an Interactive Session on business opportunities and experience sharing between Sri Lanka and Korea was organised by the Sri Lanka-Korea Business Council at the Ceylon Chamber of Commerce. This special event was held with the participation of the Korean Ambassador Santhush Woonjin JEONG as Chief Guest, Priyantha Mendis President of the […]
USD 203Mn from ADB & JFPR for Food Security & Livelihood Recovery Emergency Assistance Project
The Government of Sri Lanka is planning to borrow USD 200 million from the Asian Development Bank (ADB) to finance the implementation of Food Security and Livelihood Recovery Emergency Assistance Project which is expected to ensure access to food and protect livelihoods of the poor and vulnerable, especially women and children. The loan of USD […]
Alumex introduces environmentally friendly low-carbon aluminium to grow export markets
Building sustainable innovation into Sri Lanka’s construction sector, Hayleys Group subsidiary and national leader in fully integrated aluminum manufacturing, Alumex PLC, announced the groundbreaking launch of Low Carbon Aluminum for the global market. The company’s newly launched range of Low Carbon Aluminum ‘Ozon’, follows on the successful Phase 1 opening of the manufacturer’s new state-of […]
E. B. Creasy declares interim dividend and pays out Rs.253.5Mn
E. B. Creasy & Co. PLC has declared an interim dividend of Rs. 1.00 per share, paying out Rs. 253.5 Million from the distributable profits of the Current Financial Year.In the previous financial year, the Company paid a total dividend of Rs. 358.3 Million amounting to a dividend of Rs. 1.50 per share maintaining the Company’s constant […]
SLT-MOBITEL brings Samsung’s latest Galaxy fold 4 5G & Galaxy Z flip 4 5G devices along with benefits
Bringing Sri Lankans, the opportunity to experience the next generation technology and devices, SLT-MOBITEL, the National ICT solutions provider is offering Samsung’s latest foldable flagship Galaxy Z Fold 4 5G and Galaxy Z Flip, 4 5G devices coupled with exciting value additions. For every purchase of Samsung’s Galaxy Z Fold or Z Flip, both existing […]
Multiple crises halt progress as 9 out of 10 countries fall backwards in human development, Report
The world is lurching from crisis to crisis, trapped in a cycle of firefighting and unable to tackle the roots of the troubles that confront us. Without a sharp change of course, we may be heading towards even more deprivations and injustices, warns the United Nations Development Programme (UNDP). The latest Human Development Report, “Uncertain […]
Dialog & SLC Launch Wishing Portal to Cheer on Our Lions to Bring Home the Cup
Official sponsor of the National Cricket Team, Dialog Axiata PLC and Sri Lanka Cricket have joined hands to launch a wishing campaign to cheer for Our Lions at the grand final of the Asia Cup T20 tourney, played on the 11th of September 2022, at the Dubai International Cricket Stadium, United Arab Emirates. The wishing […]