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Port City Colombo in round table discussion at Commonwealth Trade and Investment Summit
Port City Colombo (PCC) showcased its commitment to sustainable development and global economic cooperation at the third Commonwealth Trade and Investment Summit (CTIS) held in London recently. CTIS, known for bringing together senior business leaders and ministers from across the Commonwealth’s five regions, provided an ideal platform for PCC to engage in critical discussions on […]
Virtusa host CMO in Sri Lanka and discusses of transformation across HR, brand, technology and sales
Virtusa, the global provider of digital engineering solutions hosted Brian Jochum, the company’s Chief Marketing Officer and a member of the Global CXO team in Sri Lanka recently. During hismvisit, Jochum visited the Virtusa offices in Sri Lanka, met with the local leadership and addressed the media at an outreach event. Jochum’s visit to Sri […]
Softlogic (SHL) shares again suspended from trading
December 8, 2023 (LBO) – Shares in Colombo Stock Exchange (CSE) listed Softlogic Holdings (SHL) have been suspended from trading again on a December 8th. The suspension is due to the failure of the company to file an annual report for the year ended March 31, 2023. The suspension comes on the heels of a […]
President Appoints Vadivel Suresh as Senior Advisor for Hill Country Tamil Integration
In a significant move aimed at fostering the integration of Hill Country Tamils into Sri Lankan society, President Ranil Wickremesinghe has appointed Member of Parliament Vadivel Suresh as a Senior Advisor with immediate effect. Suresh’s pivotal role will centre around overseeing the comprehensive integration of Hill Country Tamils, particularly focusing on the districts of Badulla, […]
Microsoft 2024 Imagine Cup launches in Sri Lanka Offering students, a platform for AI-innovation
Microsoft Imagine Cup, the global technology startup competition for visionary student entrepreneurs harnessing the power of Microsoft AI, has announced its launch in Sri Lanka for 2024. Microsoft’s Imagine Cup is in its 22nd year. The competition, which offers the opportunity to develop a technological solution to address some of today’s most pressing local and […]
”; Outlook Stable
Fitch Ratings has downgraded Singer Finance (Lanka) PLC’s (SFL) National Long-Term Rating to ‘BBB(lka)’ from ‘BBB+(lka)’. The Outlook is Stable. Fitch has also downgraded SFL’s outstanding senior unsecured debt to ‘BBB(lka)’ from ‘BBB+(lka)’, and the outstanding subordinated unsecured debentures to ‘BB+(lka)’ from ‘BBB-(lka)’.
VIDEO: Google introduces Gemini, their largest and most capable AI model
Gemini marks the next phase on our journey to making AI more helpful for everyone. Unlike other AI models, Gemini was trained to recognize, understand, and combine different types of information including text, images, audio, video, and code. Its state-of-the-art performance gives it remarkable new capabilities.And it’s built with safety and responsibility at its core.
Colombo Port City Economic Commission Welcomes Three Major Sri Lankan Commercial Banks
The Colombo Port City Economic Commission (the Commission) is pleased to announce that three of Sri Lanka’s leading commercial banks—Commercial Bank, Hatton National Bank (HNB), and Sampath Bank—have been issued an Authorized Persons (AP) license from the Colombo Port City Economic Commission. This significant development marks a major milestone in the development of the Colombo […]
99x achieves ISO 27001:2022 certification, reinforcing commitment to information security
99x announces its successful achievement of the ISO 27001:2022 certification, a globally recognized standard for Information Security Management Systems (ISMS). This accreditation underscores 99x’s unwavering commitment to ensuring the highest standards of information security, maintaining the confidentiality, integrity, and availability of data across all its operations. The ISO 27001:2022 certification is a testament to 99x’s […]
‘s Tourism sector: RIUNIT report
The Research Intelligence Unit (RIUNIT) has released a comprehensive report shedding light on the current state of the Sri Lankan Travel and Tourism sector. Despite the challenges posed by the global COVID-19 pandemic and subsequent economic crises, the data reveals promising trends in tourist arrivals and spending, indicating a gradual recovery in the industry, paving […]
Navigating Sri Lanka economic crossroads: MP Harsha
In a press conference held recently at the Leader of the Opposition’s office, Member of Parliament, Dr. Harsha de Silva provided crucial insights into the current state of Sri Lanka’s economy. Central to the discussion were key developments surrounding the International Monetary Fund (IMF), challenges faced by the nation, and the imperative need for global […]
Launch of CSE sustainability reporting guide and awareness session
The Colombo Stock Exchange (CSE), in collaboration with the Global Reporting Initiative (GRI), developed the 3rd version of the sustainability reporting guide, which was ceremonially launched today at the Market Opening Bell Ringing ceremony held at the trading floor of the CSE. The publication is now available at www.cse.lk. Delivering the keynote address at this […]