Author: lbostgadmin
WindForce Commence development of 10MW Solar Power Project in Kebitigollewa
WindForce PLC achieved a significant milestone by officially signing the Power Purchase Agreement (PPA) for the development of the 10MW Kebitigollewa Solar Power Project. This momentous event marked the commencement of the project and was attended by key stakeholders, including N.S. Ilangakoon, Chairman of the Ceylon Electricity Board (CEB), Manjula Perera, Managing Director of WindForce […]
Driving evidence based policy reforms that enhance women’s economic participation and empowerment
Advocata Institute held the “Women’s Policy Action Network” (WPAN) conference recently to put forward Advocata’s continuous and WPAN’s research on the gaps, barriers and potential solutions for further enhancing women’s economic empowerment in Sri Lanka. The primary aim of the WPAN is to lobby for evidence-based policy reforms that support greater labour force participation of […]
Sri Lanka to assume Chairmanship of Indian Ocean Rim Association (IORA), 2023 – 2025
Sri Lanka will assume the Chairmanship of the Indian Ocean Rim Association (IORA) for the period 2023 to 2025 at the forthcoming 23rd Council of Ministers’ Meeting hosted by Sri Lanka on 11 October 2023 in Colombo. The Council of Ministers’ Meeting will be preceded by the 25th Meeting of the Committee of Senior Officials. […]
Thriving on TikTok: A soul laced with dance
In a digital age where everyone is showcasing their unique personalities, there are a few who stand out with exceptional talent. TikTok’s dance community is a diverse melting pot of talent, bringing together individuals from various backgrounds, cultures, and skill levels.From professional dancers to enthusiastic beginners, everyone has the opportunity to showcase their creativity and […]
SL CB Governor Dr. Nandalal Weerasinghe among ‘A-’ rated leaders
Sri Lanka’s Governor of the Central Bank, Dr. Nandalal Weerasinghe has been rated ‘A-‘ by the Global Finance Magazine. The Global Finances Report Cards 2023 ranked Central Bank Governors from ‘A’ to ‘F’ of 101 countries based on inflation control, economic growth goals, currency stability, and interest rate management. The Central Banker Report Cards, published […]
Ceylon Chamber of Commerce &”
The Ceylon Chamber of Commerce and the Sri Lanka Retail Association (SLRA) signed a Memorandum of Understanding to collaborate on organizing the Sri Lanka Retail Forum 2023 on 19th October at the Cinnamon Lakeside Hotel. The Sri Lanka Retail Forum is a significant initiative that brings together the most influential players in Sri Lanka’s retail […]
Sri Lanka Govt should rethink minimum room rates policy: Advocata
The Advocata Institute expresses concern over the recent proposal by the Sri Lankan Authorities to impose minimum room rates on hotels in the city of Colombo. This proposal, set to take effect from October 1st 2023, stipulates rates of USD 130 for 5-star hotels, USD 100 for 4-star hotels, and USD 80 for 3-star hotels. […]
‘s experience multidimensionally vulnerability: UNDP Report
Debt, a lack of education, and the ability to adapt to disasters are factors that make most people feel vulnerable, says a new report, released today by the United Nations Development Programme (UNDP) and the University of Oxford’s Poverty and Human Development Initiative (OPHI). The Policy Report titled ‘Understanding Multidimensional Vulnerabilities: Impact on People of […]
CCPI based headline inflation decreased to 4-pct in August
Headline inflation, as measured by the year-on-year change in the Colombo Consumer Price Index decreased to 4.0% in August 2023 from 6.3% in July 2023 in line with the projections envisaged by the Central Bank in July 2023. The Food deflation continued for the second consecutive month recording 4.8% in August 2023 from 1.4% in […]
Standard Chartered drives inclusion with enhanced global parental leave benefit
Standardised minimum 20-week parental leave provisions irrespective of gender, relationship status or how a child comes to permanently join an employee’s family. Standard Chartered globally has announced the rollout of enhanced parental leave benefits. From 1 September 2023, the Bank will be standardising the amount of parental leave offered for both mothers and fathers and […]
‘s Most On-Time Airline
FitsAir, Sri Lanka’s first and only privately-owned low-cost airline and subsidiary of Aberdeen Holdings was adjudged as Asia’s most punctual airline in July 2023. Outflying its peers, FitsAir proudly earned the prestigious accolade for maintaining an impressive 100% on-time performance across its network of international flights. Reaffirming its unwavering dedication to consistently deliver on-time flights […]
ComBank launches Sri Lanka’s first Green Home Loans scheme
The Commercial Bank of Ceylon has announced another initiative under its Green lending portfolio to support customers who share the Bank’s commitment towards the environment. Green Home Loans of up to Rs 50 million are now available for the purchase of homes that have been granted Green Building Certificates by the Green Building Council of […]