Author: LBO Admin
Final draft of the Budget 2025 Presented for Presidential Review
The final draft of the Budget 2025 was presented for the review of President Anura Kumara Disanayake today (16) at the Presidential Secretariat. Secretary to the Ministry of Finance, Mahinda Siriwardana, was also attend at this occasion. The President, who also serves as the Minister of Finance, Planning, and Economic Development, is set to deliver […]
BASL’s Contradictory Approach Exposed in AG Controversy, Says Lasantha’s Daughter
Ahimsa Wickrematunge, daughter of slain journalist Lasantha Wickrematunge, has accused the Bar Association of Sri Lanka (BASL) of a contradictory approach in defending Attorney General Parinda Ranasinghe, despite his alleged role in obstructing justice in politically sensitive cases. In a letter to BASL President Anura Meddegoda, she criticized the association’s inconsistency—challenging prosecutorial decisions when convenient […]
SL Students’ Growing Interest in Healthcare & STEM Fields Across Top Study Destinations
ApplyBoard, a leading international student mobility technology platform, has released its latest report. This in-depth analysis of international student search trends across Canada, the US, and the UK offers valuable insights into how Sri Lankan students are strategically aligning their study choices with high-growth global sectors, particularly healthcare, engineering, and STEM fields. Key Insights on […]
Unveiling Key Insights from IDC’s Microsoft Commissioned Study
As artificial intelligence (AI) evolves from being a technological buzzword to a business imperative, a recent study commissioned by Microsoft to the International Data Corporation (IDC), titled The Business Opportunity of AI, reveals a crucial shift: businesses are no longer asking if they should integrate AI but rather how to do so strategically to gain […]
Oracle Considers Colombo Port City for South Asian AI and Cloud Hub
President Anura Kumara Disanayake met with the Executive Vice Chairman of Oracle Corporation Mike Sicilia during the World Governments Summit held in the United Arab Emirates yesterday (11). The discussion focused on Sri Lanka’s digital transformation, the adoption of fintech services, and cloud infrastructure to enhance economic and governance efficiency. Oracle expressed its willingness to […]
Agreement between the UAE and Sri Lanka to Strengthen Economic and Investment Relations
Coinciding with the President’s three-day official visit to the United Arab Emirates (UAE) to attend the World Governments Summit 2025, Sri Lanka and the UAE reached an agreement on Reciprocal Promotion and Protection of Investments to strengthen economic and investment relations between the two countries. The agreement was signed by Mohamed Bin Hadi Al Hussaini, […]
Priorities in Focus: Will Budget 2025 Address Sri Lanka’s Agricultural Challenges?
By Dr Manoj Thibbotuwawa and Dr Lakmini Fernando Public expenditure on agriculture as a share of total government spending has decreased from 6.4% to 2% between 2014 and 2023. The irrigation subsector receives most of the agricultural spending (41%), with subsidies accounting for a high 26%. Change to funding priorities necessary to address critical concerns. […]
Top Universities to Compete in the CFA Institute Research Challenge Sri Lanka 2024/25
CFA Society Sri Lanka announced the selection of the top four teams for the local finals of the 2024/25 edition of the CFA Institute Research Challenge competition. Following an extensive grading process, CFA Society Sri Lanka is pleased to announce that two teams from the University of Kelaniya and one team each from University of […]
HP unveils the next evolution of large format printing to Sri Lanka
HP has introduced the HP DesignJet Smart Tank T908 MFP and T858 SFP, the first large-format ink tank printers in Sri Lanka, exclusively distributed by The Technocity (Pvt) Ltd. Designed for Architecture, Engineering, and Construction (AEC) professionals and copy shops, who increasingly work in a hybrid environment. This new 36-inch HP DesignJet portfolio delivers cost-effective, high-speed printing with industry-leading security. “The AEC industry operates in a […]
Ceylon Chamber of commerce unveils outlook 2025 report
The 10th Annual Outlook Report 2025 was officially launched by the Ceylon Chamber of Commerce at the Economic Review and Outlook 2025 seminar. This year’s theme, “Consolidating Stability; Fostering Sustainable Growth”, encapsulates Sri Lanka’s progress toward economic recovery and resilience. The keynote address was delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank […]
Jaffna’s 3axislabs surpasses 100,000 global users with MindMap AI
Jaffna-based 3axislabs is expanding its Sri Lankan operations to meet growing international demand for its services. Having successfully delivered almost 50 projects to date, for clients in the USA, UK, Canada, Australia, Switzerland, Finland and other countries, the firm is planning to increase its staff total to 50 in the near term, while also expanding […]
Opinion: Who fact-checks the fact-checkers? The Controversy Surrounding a Sri Lankan Presidential Post
By Sandun Arosha Fernando In the fast-paced world of digital misinformation, fact-checkers play a crucial role in ensuring accuracy. But what happens when a fact-checking organization itself is accused of getting the facts wrong? A recent controversy surrounding Sri Lanka’s President Anura Kumara Dissanayake’s official Tamil Facebook page has sparked serious concerns about the credibility […]