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Sobitha Rajakaruna takes oath as Acting President of Court of Appeal before President
Judge Sobitha Rajakaruna was sworn in as the Acting President of the Court of Appeal before President Ranil Wickremesinghe at the Presidential Secretariat this morning (07). Additionally, High Court Judge M.C.B. Sanjeeva Moraes took oath as a new Court of Appeal judge in the presence of the President.The event was attended by the President’s Secretary, […]
Driving customer-centric innovation in challenging times
By Sabry Ansar, Director, Head of CE Business – Samsung Electronics, Sri Lanka and Maldives In times of unprecedented challenges, the significance of innovation and adaptability in meeting customer demands becomes paramount. As the Director of Samsung Sri Lanka and Maldives, I worked alongside a dedicated team to recognize the crucial role of understanding customer […]
IQA Sri Lanka, Shippers’ Academy, and Central Bank conducts islands premier corporate quiz
This year’s edition of Sri Lanka’s premier corporate quiz, The Global Commerce Quiz for the Governor’s Challenge Trophy will be staged at the Galadari Hotel August 28. With around 50 organizations participating annually, this event is widely regarded as the blue-ribbon corporate quiz in Sri Lanka. It is conducted by the Sri Lanka chapter of […]
Sri Lanka – India business networking event forges new collaborations
Enhancing bilateral relations and leveraging opportunities for investment were among the focus points of a Business Networking event with a multi-sectoral business delegation from India recently hosted by the Ceylon Chamber of Commerce at the Shangri-La Hotel Colombo. The networking event provided an exclusive opportunity for Members of the Ceylon Chamber to meet with the […]
Second Coconut Triangle to be launched in Northern Province: Minister of Plantation Industries
The second Coconut Triangle would be launched in the Northern Province this year consisting of the areas of Jaffna, Mannar and Mulaitvu Districts in conjunction with World Coconut Day on September 2, Minister of Plantation Industries and Minister of Industries Dr. Ramesh Pathirana stated. He expressed these views today (02) during a press conference themed […]
Legal tender in Sri Lanka for domestic payments will remain as LKR not INR, clarifies CBSL
The legal tender in Sri Lanka for domestic payments and settlements will remain as Sri Lanka Rupees (LKR) and the authorization of INR as a designated currency does not make INR a legal tender in Sri Lanka for domestic payments/settlements, the Central Bank clarified. Issuing a clarification to erroneous reports, the Central Bank further said […]
SL Purchasing Managers’ Index (PMI) – Construction Industry
The construction industry remained contracted in June 2023, recording a total activity index value of 44.4 with most of the companies operating at a sub-optimal level amidst the limited availability of construction projects. However, several respondents mentioned that the steady decline in material prices has induced to commence small-scale construction work. The lack of new […]
Singer forges partnership with vivo to bring innovative smartphones to SL
Singer Sri Lanka PLC is delighted to announce its partnership with vivo, a prominent global smartphone manufacturer, as their official National Distributor. This collaboration marks a significant step towards enhancing the smartphone landscape in Sri Lanka, providing consumers with access to innovative and high-quality vivo smartphones. Speaking about the partnership, Mahesh Wijewardene, Chief Executive Officer, […]
CFA Society SL ties up with Yara Technologies to offer EduLoan for CFA program
CFA Society Sri Lanka (CFASSL) is pleased to announce its partnership with Yara Technologies, to offer the EduLoan platform exclusively to students sitting for the CFA exams who are members of CFA Society Sri Lanka Candidate Council, for the purpose of financing CFA Program enrolment and registration fees. Yara Technologies is a fast-growing EdFinTech company, […]
Statement by Ali Sabry, on visit to Sri Lanka by Hayashi Yoshimasa, Minister of Foreign Affairs of Japan
My friend Minister HAYASHI, Konnichiwa, Ayubowan and Welcome to Sri Lanka, Friends from the media, It is an honour and a great pleasure for us to welcome Minister HAYASHI Yoshimasa, who arrived on an official visit to Sri Lanka yesterday. Hon. HAYASHI leads a high-level delegation which consists of a number of senior officials of […]
French President Emmanuel Macron to undertake a visit to Sri Lanka
French President Emmanuel Macron will undertake a visit to Sri Lanka on 28 July 2023 following the visit to the South Pacific region. This historic visit is the first ever by a French President to the country. The official discussion between the two Heads of State will centre on strengthening bilateral relations in the 75th anniversary […]
Sri Lanka apartment selling prices show consistent increase in last four months: RIUNIT
Sri Lanka’s real estate expert Research Intelligence Unit says that since the beginning of 2023, the apartment selling price LKR per SqFt has remained steady and in the four months ending June 2023, the suburban apartment selling prices US$ per SqFt have shown a consistent increase. During the eight years ending 2023, RIUNIT says the […]