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JAAF supports ‘Clean Sri Lanka’ initiative to build a cleaner, greener future
The Joint Apparel Association Forum (JAAF), the apex body representing Sri Lanka’s apparel industry, welcomes the launch of the Clean Sri Lanka programme, spearheaded by H. E. President, Anura Kumara Dissanayake, and the government. With sustainability as a core principle, the Sri Lankan apparel sector is uniquely positioned to complement this nationwide movement for environmental, […]
Balancing Borders: How Should Sri Lanka Manage the Rohingya Influx?
Bilesha Weeraratne, PhD. While the bedrocks of migration in Sri Lanka – foreign employment and remittances – are settling, other aspects are unsettling in 2025. The year 2024 closed with estimates of over 311,000 departures for foreign employment and over USD 6.5 billion in remittances. In December 2024, 115 Rohingya people, including 78 adults and […]
Supercharge Your AI with Smart Prompting
Artificial intelligence (AI) has seamlessly integrated into our lives, making its presence felt in everything from managing our schedules to analyzing vast amounts of data. Despite its growing capabilities, you might have noticed that sometimes AI doesn’t quite deliver the results you expect. Ever wondered why that is? Ultimately, it comes down to mastering the […]
Lumala employees urge Government action to save Sri Lanka’s bicycle industry
Employees of Lumala City Cycle Industries Manufacturing Pvt Ltd are calling for urgent government intervention as their company faces an unprecedented crisis that threatens to shut down one of South Asia’s leading bicycle manufacturers. Located at Panadura, Lumala has played a pivotal role in Sri Lanka’s industrial sector for over five decades, yet escalating costs […]
David Pieris Group Launches Northern Entrepreneur Seed Fund
By Jekhan Aruliah I first met Mr David Pieris in 2021. David came for tea at my place in Jaffna on one of his business visits to the North. The David Pieris Motor Company (DPMC) has operated in the North for decades including throughout the Sri Lanka civil war. David told me of his vision […]
ADB and UNDP come together to support CIABOC on select Anti-Corruption Initiatives in Sri Lanka
The Asian Development Bank (ADB) and the United Nations Development Programme (UNDP) in Sri Lanka have come together to support the Commission to Investigate Allegations of Bribery and Corruption (CIABOC) on select Anti-Corruption Initiatives in Sri Lanka. To symbolically mark the project launch, Mr. Takafumi Kadono, Country Director, Sri Lanka Resident Mission of the Asian Development […]
Sri Lanka Slashes Electricity Tariffs by 20-pct Effective Midnight
The Public Utilities Commission of Sri Lanka (PUCSL) has announced a reduction in electricity tariffs by 20%, effective from midnight today, for the first six months of 2025. This decision follows a series of public consultations and counter-proposals from the Ceylon Electricity Board (CEB). However, the Ceylon Electricity Board has announced that the revised electricity […]
CSE Partners with NCDEX to Explore Opportunities in Derivatives & Commodities Trading
The Colombo Stock Exchange (CSE) and the National Commodity and Derivatives Exchange (NCDEX) of India, recently signed a Memorandum of Understanding (MoU) to collaborate and explore the development of derivatives and commodity products in Sri Lanka. This partnership will enhance the product offering and trading instruments at CSE. The collaboration will involve knowledge-sharing initiatives, technological […]
EDEX Expo 2025:Empowering the next generation of global achievers
EDEX Expo 2025, Sri Lanka’s premier education and career fair, is set to inspire and empower youth from January 17-19 at BMICH, Colombo, and January 25-26 at the Kandy City Centre, Kandy. Organized by the Royal College Union, this highly anticipated event brings together a host of opportunities in higher education, career development, training, and […]
CA Sri Lanka submits budget proposals to support national revival and growth
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), the country’s premier national accounting body, submitted a set of comprehensive proposals for consideration in the upcoming government budget for the year 2025. These proposals aim to bolster Sri Lanka’s economic revival and growth trajectory while promoting governance, transparency, and accountability to restore public […]