All Blogs
New Supreme Court Judge and New President of Court of Appeal sworn in
The President of the Court of Appeal, Justice Arjuna Obeysekera, was sworn in as a Supreme Court Judge before President Gotabaya Rajapaksa at the Presidential Secretariat this morning (14). Court of Appeal Judge Priyantha Fernando was sworn in as the new President of the Court of Appeal and former High Court Judge Shashi Mahendra was […]
VIDEO: How does the hawala system work?
Governments are trying to cripple Islamic State finances. A hard task because it uses an ancient payment system known as hawala. It’s illegal in many countries but actually widespread.Here’s just one example of how it works in every-day business.
Sri Lanka’s official reserves down to USD 4bn by end May; YTD rupee depreciation 6.7-pct
Sri Lanka’s official reserves were 4 billion US dollars (USD 4,018.1mn) by the end of May, down from 4.5 billion US dollars in April, the latest Central Bank data showed. By the end of May, the foreign currency reserves were 3,530.7 million dollars while the reserve position in the IMF was 69.1 million dollars. Special […]
Interview: CIAM; Challenges, opportunities and utilising it to meet evolving customer needs
Prabath Siriwardena, Vice President and Deputy CTO – Security Architecture at WSO2 discusses some of the challenges, opportunities and points to note surrounding the current environment of CIAM implementation. 1) What does Customer Identity and Access Management mean? Customer Identity and Access Management (CIAM) has become a bit of an overloaded term over time. There […]
Orient Finance records threefold increase in net operating income
Orient Finance PLC reported a profit before tax of LKR 193 Mn for the 2020-21 financial year, reflecting a year-over-year growth of 144 per cent. The company’s net operating income also increased 148 per cent from LKR 0.47 Bn to LKR 1.17 Bn during the year under review. This performance was despite the Company foregoing […]
Luxury SUVs for MPs while imports for doctors, general public held indefinitely: CMTA
The Ceylon Motor Traders Association (CMTA) has expressed its concerns on the decision the Government has taken to import 400 vehicles – including 227 luxury SUVs – to a value of Rs. 3.7 billion through the Bank of Ceylon. The Government reversed its earlier decision to cancel the order, citing the fact that the Letters […]
YouTube releases its own version of Tik Tok, YouTube Shorts
YouTube Shorts give you a new way to watch, discover and create short content using nothing but your phone. We’ll walk you through what Shorts are, why you should use them, how to create a Short, and some best practices for using them.
US Provides Humanitarian Assistance to Sri Lankans Affected by MV X-Press Pearl Fire
The American people are providing $100,000 in immediate assistance to support response efforts to the MV X-Press Pearl ship fire. The MV X-Press Pearl has discharged plastic debris and chemical waste into the surrounding waters, endangering coastal resources and the livelihoods of nearby fishing communities. The assistance will deliver immediate support to families whose livelihoods […]
World Bank approves $40 mn financing to improve water & sanitation services in Sri Lanka
The World Bank’s Board of Executive Directors approved $40 million in additional financing for Sri Lanka to expand water supply, sanitation, and hygiene services in 7 districts through the Water Supply and Sanitation Improvement Project (WASSIP). The project will also increase septage facilities in the more populated part of the country in Western, Southern and […]
