Sri Lanka Economic Summit 2023 kicks off
The Ceylon Chamber of Commerce will host the Sri Lanka Economic Summit 2023 on November 28th and 29th at the Shangri-La Hotel, Colombo, with President Ranil …
DeepSphere.AI and 10QBIT announce partnership to promote Sri Lanka as AI innovation and talent hub
DeepSphere.AI, led by the esteemed AI expert Jothi Periasamy, and 10QBIT under the leadership of UK-based technopreneur Sanj Chandran, have announced a …
SL economy to grow by 1.7-pct:Revenue mobilization fundamental for sustainable fiscal path
Sri Lanka’s economy is expected to grow by 1.7% in 2024 after contracting by 3.8% in 2023, says the World Bank in its twice-a-year update, while signaling …
‘CTO – the Psychologist’: A role banking tech leaders must master to ensure digital change
By Janaka Ediriweera Dr. Corrie Block, an Organizational Behavior Expert and a business coach in the UAE, asks, ‘If you were to go in for heart surgery, buy …
Emirates and SriLankan establish reciprocal interline partnership
Emirates and SriLankan Airlines have signed a reciprocal interline agreement to boost connectivity for passengers of both airlines. The partnership will enable …
UN HR Commissioner says, Call for historic transformation is far from being realised in Sri Lanka
Sri Lanka suffers from a continuing accountability deficit - be it for war crime atrocities, more recent human rights violations, corruption, or abuse of power …
‘You think less of your country than I do’ – Mo Gawdat on Sri Lanka
Cinnamon Hotels and Resorts hosted Mo Gawdat, the former Chief Business Officer of Google X and Best-selling author, at Cinnamon Lakeside Colombo last week to …
Agarapatana Plantations Ltd debuts trading on the CSE
The shares of Agarapatana Plantations Limited (CODE: AGPL-N-0000) commenced trading on the Colombo Stock Exchange (CSE) on 04 th September 2023. The …
Sri Lanka High Commission in London promotes ‘Island of Ingenuity’ – IT/BPM sector
The High Commission of Sri Lanka in London in collaboration with Sri Lanka – UK Chamber of Commerce (SL-UKCC) and Infomate (Pvt) Ltd, the BPM arm of John …
Banks welcome CBSL Governor’s assurances on anticipated Govt. announcement on DDR or DDO
The Sri Lanka Banks’ Association (SLBA) has welcomed the assurance by the Governor of the Central Bank of Sri Lanka (CBSL) Dr Nandalal Weerasinghe that …
UNDP and South Centre jointly organise capacity building workshop on taxation of digitalised economy
The United Nations Development Programme (UNDP), through its Tax for SDGs Initiative, and the South Centre, Switzerland jointly organised a two-day …
Government’s proposed broadcasting authority act under fire: Harsha de Silva raises concerns
The government's proposed Broadcasting Authority Act was criticized by the main opposition at a press conference held Wednesday. Parliamentarian Dr. Harsha de …
Sri Lanka headline inflation down to 25.2-pct in May 2023
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100)1 decreased to 25.2 percent in May 2023 …
Will Govt place entire burden of domestic treasury bond debt optimization on EPF? Harsha
In a recent press conference MP Harsha de Silva outlined several critical points regarding the IMF Program and expressed general agreement with the …
Sampath Bank reports profit before tax of Rs 4.5Bn and profit after tax (PAT) of Rs 2.6Bn at 31st March
Sampath Bank succeeded in raising Rs 10 Bn in Tier 2 capital via a debenture issue in February 2023 and despite the depressing economic outlook in the Country, …
Sri Lanka economy expected to contract by 3-pct in 2023, Grow 1.5-pct in 2024: IMF
Given the weak external environment and domestic policy tightening, aimed at restoring macroeconomic stability, Sri Lanka's economy is expected to contract by …
Harsha proposes GDP growth-linked instrument for domestic debt optimisation
During a recent press conference, Opposition MP Harsha de Silva warned against the potential risks of domestic debt optimization, stressing the need for …
SJB opposes selling of strategically important SoEs but wants an end to monopoly
SJB Parliamentarian Eran Wickramaratne assured that main opposition was ready with plan and strategies to implement projects for the wellbeing of the people no …
Sri Lanka Central Bank assures banking sector stability in debt restructuring process
The Central Bank of Sri Lanka (CBSL) has assured the banks that the regulatory stance in the on-going Domestic Debt Optimization (DDO) discussions with …
ADB President commends SL for action taken to overcome economic crisis and pledges further support
Foreign Minister Ali Sabry met with the President of Asian Development Bank, Masatsugu Asakawa in Seoul, Republic of Korea during the 56th Annual Meeting of …