Thilak Piyadigama takes the helm at WEBXPAY

In a strategic move towards advancing digital payment solutions in Sri Lanka, WEBXPAY welcomes Thilak Piyadigama, a veteran with over three decades of experience in banking and technology, as its new Executive Chairman. Piyadigama is set to lead WEBXPAY into a new era of digital payment innovation, with a focus on enhancing financial inclusion and […]

‘s empower board

Maharaja Foods Limited, marked a significant milestone on 26th July 2024, becoming the first woman-owned enterprise in the agribusiness sector with roots in the northern province, to list its shares on the Empower Board of the Colombo Stock Exchange (CSE). The Board is dedicated to facilitating efficient global capital raising for small and medium-sized companies […]

Time is running out: JAAF calls on GoSL to urgently reconsider SVAT abolition

With the countdown to the forthcoming abolition of the Simplified Value-Added Tax (SVAT) system ticking down to an end date of 1 st April 2025, the apex body of the Sri Lankan apparel industry, the Joint Apparel Association Forum (JAAF) urged the Government to urgently reconsider its decision in light of growing stresses on the […]

Sri Lanka on path to establish Environment Management Effectiveness Tracking System

The Presidential Secretariat Support Unit, in collaboration with the Climate Change Office of the Presidential Secretariat and the Ministry of Environment, successfully held the inaugural consultation for the Sri Lankan Environment Management Effectiveness Tracking System (SL EMETS) at the Hilton, Colombo on June 24, 2024. The event brought together key stakeholders, scientists, and policymakers to […]

Eran : What is the role of leaders in building talent and capabilities ?

We must spend more on human resources and education and move away from ‘hard‘infrastructure to ‘soft’ infrastructure investments as a country said Eran Wickramaratne SJB, MP speaking at the Sri Lanka Human Capital Summit 2024 under the theme of “Towards a future ready workforce” at the Temple Trees Auditorium. “Let us be open to private […]

Opportunities for Companies to raise debt capital through sustainable bonds for greener future

The Securities and Exchange Commission of Sri Lanka (SEC) and The Colombo Stock Exchange (CSE), in collaboration with the Asian Development Bank (ADB) hosted an issuer forum titled “Towards a Greener Horizon: Unlocking Opportunities through Sustainability Bonds” recently in Colombo. The forum was aimed at enhancing awareness and building capacity among stakeholders including representatives from […]

PRASL Masterclass highlights future of reputation management

The Public Relations Association of Sri Lanka (PRASL) hosted a sold-out full-day workshop, “The Pursuit of Reputation Masterclass,” featuring esteemed industry experts Amith Prabhu and Sujit Patil. This event provided profound insights into the complexities of reputation management in the modern Public Relations (PR) landscape. Amith Prabhu, a pioneering public relations professional with two decades […]

JAAF welcomes electricity tariffs reduction :Calls for continued energy policy reforms

The Joint Apparel Association Forum (JAAF) welcomed the recent decision by the Public Utilities Commission of Sri Lanka (PUCSL) to implement a 25.3 percent reduction in industrial electricity tariffs, parallel to a 27 percent reduction for domestic customers and a 22.5 percent overall reduction effective from July 16, 2024. In addition to easing the burden […]

PMI indicate expansions in both manufacturing and services activities in June 2024

Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 56.6 in June 2024, indicating an expansion in manufacturing activities. All the sub-indices, except for employment, remained above the neutral threshold during the month. The expansion in New Orders and Production was mainly due to the growth in the manufacture […]

Gear Up: SpeedBay endurance championship – 6hrs hits track this Saturday

The SpeedBay Endurance Karting Championship 2024 comes to life following a 5-year hiatus with it much anticipation and excitement amongst the competitors and racing enthusiasts. Endurance Karting aims to test the stamina, strategy, and teamwork of drivers. Teams of drivers take turns navigating go-karts around the FIA-CIK certified SpeedBay Karting Track in Bandaragama, striving to […]

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