All Blogs
NSBM opens doors for public in Jan 2025
NSBM Open Day’ for January 2025 Intake at NSBM Green University organized under the theme of “Experience the Splendour of a Green University” is scheduled to be held on 4 th and 5 th January at the NSBM premises in Pitipana, Homagama. Over these two days, prospective students and parents will have the opportunity to […]
USD 25 Mn Project at Hambantota International Port’s Industrial Park
Following Hambantota Port Group’s (HIPG) recent investment in upgrading crane facilities to expand container operations at the Hambantota International Port (HIP), Comfort Mattress Lanka (Pvt) Ltd. has become the first investor to seize the opportunity to set up operations in the port’s industrial park. With an investment of USD 25 million, the project targets key […]
Asian Development Bank extends USD 150 mn line of credit to CEB
Asian Development Bank (ADB) and Ceylon Electricity Board (CEB) signed an agreement on 19th December 2024, for ADB to provide a loan of $150 million to CEB. After rigorous due diligence by ADB on technical, economic and social merits of CEB’s upcoming investment proposals, ADB approved the loan package in November 2024. Through these funds, […]
Twinery leads Sri Lankan innovation as it celebrates 100 granted patents
Traditionally recognized in the fields of agriculture and tourism, Sri Lanka has often been overlooked as a hub for technological innovation. Twinery, the innovation arm of global apparel tech leader MAS Holdings, is redefining this narrative as it proudly announces the granting of its 100th utility patent. As a leading innovation powerhouse in Sri Lanka, […]
Worklenz: Empowering Sri Lankan Businesses with Open-Source Innovation
Sri Lanka’s technology sector is rapidly evolving, with a notable shift toward open-source solutions that provide businesses with cost-effective, customizable tools. Among the few homegrown open-source solutions, Worklenz (worklenz.com), a Sri Lankan-developed task management tool, is gaining recognition for its innovative approach. Designed to streamline project management, Worklenz not only boosts efficiency but also positions […]
India-SL Partnership to Drive Digital Transformation: Strategic & Timely Move – Colombo Chamber of Commerce
The Colombo Chamber of Commerce commends President Anura Kumara Dissanayake’s recent official visit to India, describing it as a significant step toward strengthening bilateral relations and introducing innovative approaches to advance Sri Lanka’s economic and social development. India, as Sri Lanka’s largest trading partner and a key player in the regional geopolitical landscape, was a […]
Sri Lanka and India Exchange Protocol to Revise Agreement on Avoidance of Double Taxation
In a step towards enhancing economic cooperation, the Protocol for amending the Agreement on the Avoidance of Double Taxation was exchanged during President Anura Kumara Dissanayake’s State Visit to India. Sri Lanka and India initially entered into an Agreement in 2013 for the avoidance of double taxation and the prevention of fiscal evasion concerning income […]
27 victims of human trafficking rescued from Myanmar repatriated to Sri Lanka
The Ministry of Foreign Affairs, Foreign Employment, and Tourism, in coordination with Sri Lanka Missions in Myanmar and Thailand, successfully facilitated the repatriation of 27 Sri Lankans who had been lured into cybercrime operations and became victims of human trafficking in Myanmar. Senior officials of the Consular Affairs Division of the Ministry received the group […]
‘s President Vows to Protect Indian Interests in Trip to New Delhi
Sri Lanka’s president Anura Kumara Dissanayake is on a three-day trip to New Delhi. The president promised Indian PM Modi that Sri Lankan land will never be used for “actions detrimental to Indian interests”. How did New Delhi woo Dissanayake who leads a historically anti-India political party?
‘s GDP Growth at 5.5-pct in Q3 2024
Sri Lanka has experienced a economic upturn, with the Gross Domestic Product (GDP) expanding by 5.5% in the third quarter of 2024 compared to the same period last year. The GDP for the third quarter of 2024 at constant price (2015) has increased up to Rs. 3,151,941 million from Rs. 2,987,544 million which recorded in […]