All Blogs
“Cinnamon rainforest restoration project” launched
Cinnamon Hotels & Resorts proudly launched its latest sustainability initiative, “Cinnamon Rainforest Restoration Project”in collaboration with Ruk Rakaganno (The Tree Society of Sri Lanka), Forest Department Sri Lanka and John Keells Foundation, to restore a degraded 50-acre plot over a period of three years after which nature will take over the regeneration process. Natural forest […]
Ceylon Chamber welcomes CBSL move towards a more flexible exchange rate
The Ceylon Chamber of Commerce commends the Governor and his team at Central Bank for permitting greater flexibility in the exchange rate. This action has been proposed by the Ceylon Chamber, on its own and along with other chambers on numerous occasions in the recent past. Hence, the Chamber is pleased to note this announcement […]
Supermarket food prices up 36% in a year: Advocata
Advocata’s Bath Curry Indicator (BCI) , which tracks the monthly changes in the retail price of a select basket of food items, recorded a decrease of 1.5% from January 2022 to February 2022. The overall decrease was driven by the falling prices of beans (40%), green chillies (15%) and brinjals (13%). However, prices on average […]
Breaking the Bias: Celebrating the Women at Samsung
With International Women’s Day taking on greater meaning for many of us this year, Samsung asked their women colleagues of various backgrounds to share what motivates and empowers them to be their best. In sharing everyone’s unique experiences, the overarching lesson we all came to realize is that great ideas can come from anyone, no […]
Data Protection Bill should not be passed until serious concerns are addressed: Transparency International
Transparency International Sri Lanka (TISL) calls on Members of Parliament to not rush through enacting the law until concerns are addressed. On the 9th of March 2022, the Personal Data Protection Bill is scheduled for the second reading in Parliament. This Bill aims to regulate the processing of personal data by identifying and strengthening the […]
Best countries for travel & remote working in 2022: Sri Lanka ranks 2nd in Asia-Pacific
As more people embrace flexible working environments and set their sights on their next ‘workation’ (AKA, a vacation that blends leisure and remote working), KAYAK, the world’s leading travel search engine, reveals the best countries in the world to work remotely from, with Portugal topping the list. Sri Lanka landed in an impressive 2nd place […]
Sri Lanka maintains official reserves at USD 2.3bn in February
Sri Lanka’s official reserve assets were 2.3 billion US dollars (USD 2,314mn) by the end of February, slightly down from 2.3 billion US dollars (USD 2,361mn) in January this year, the latest Central Bank data showed. By the end of February, the foreign currency reserves were 2,025 million dollars while the reserve position in the […]
CBSL allows greater flexibility in exchange rate with immediate effect; not more than Rs 230 per USD
Sri Lanka’s Central Bank says that greater flexibility in the exchange rate will be allowed to the markets with immediate effect. Releasing a statement, the bank said that they are also of the view that forex transactions would take place at levels which are not more than Rs. 230 per US dollar. Full Statement Policy […]
Nation branding of Sri Lanka on global stage requires a more collaborative approach
Nuwan Gamage, Vice President of Sri Lanka Institute of Marketing Sri Lanka is currently facing several economic challenges and in order to steer the country out of this difficult situation, it is imperative that Sri Lanka takes bold steps that will make the country ‘future ready’. Among them, Nation Branding is an approach that can […]
HERCapital by Hatch: Pioneering gender smart funding in Sri Lanka
Gender disparity within the entrepreneurial world is a globally prevalent problem, often stemming from the underrepresentation of women in the labour force and leadership positions. This imbalance in diversity is mainly seen in markets with no gender-smart funding, which makes gender a key component in their program. The lack of gender diversity at the firm […]