Category: Featured
NSBM signs loan agreement with BOC to accelerate phase II University development
NSBM Green University has signed a strategic loan agreement with the Bank of Ceylon (BOC) to support the ongoing Phase II development of its Homagama campus in a signing ceremony held on the 8th of May 2025 at the NSBM premises. The agreement was signed by Professor E. A. Weerasinghe, Vice Chancellor of NSBM, together with Professor Chaminda Rathnayake, […]
Navigating Sri Lanka’s digital future: A conversation with Dr. Hans Wijayasuriya
By Ashanthi Ratnasingham Sri Lanka is entering a defining chapter in its digital journey—one that could reshape how citizens live, work, and connect. As global economies accelerate toward smarter governance, inclusive connectivity, and resilient digital infrastructure, Sri Lanka is laying the groundwork to leapfrog into a digitally empowered future. Leading this transformation is Dr. Hans […]
RIUNIT suburban real estate update: Rajagiriya
A residential oasis Rajagiriya, once a quiet Colombo suburb was initiallyflagged in the RIUNIT Real Estate Market report in 2014 as having one of the highest growth potentials amongst all the suburbs in the Western Province. Since then, the area has consolidated its position as a high-growth real estate hub, leveraging its strategic urban proximity […]
Sri Lanka’s growth recovery exceeded expectations but remains fragile
The Asian Development Bank’s (ADB) flagship economic publication, the Asian Development Outlook (ADO) April 2025, forecasts Sri Lanka’s recovery to continue at a moderate growth of 3.9% in 2025 and 3.4% in 2026 following the strong rebound in 2024. Economic recovery that began in the second half of 2023 continued across all sectors in 2024. Inflation […]
Sri Lanka launches the new National Anti-Corruption action plan
The Commission to Investigate Allegations of Bribery and Corruption (CIABOC) has officially launched the National Anti-Corruption Action Plan (NACAP) 2025-2029 today, as a strategic initiative to reaffirm the country’s commitment to strengthening governance, enhancing transparency, and reinforcing the rule of law. CIABOC led the development of the NACAP, supported by the technical expertise of the […]
NSBM Green University partners with American University, USA
Her Excellency Julie J. Chung, U.S. Ambassador to Sri Lanka “It is a proud moment to witness this partnership between American University and NSBM Green University—a powerful reflection of the enduring ties between the United States and Sri Lanka. The United States continues to attract the brightest minds and foster innovations that shape the future. […]
Sri Lanka, IMF Discuss EFF Progress, US Tariff Impact
A meeting between President Anura Kumara Disanayake and an International Monetary Fund (IMF) delegation concluded successfully today, April 7, 2025, at the Presidential Secretariat. The discussions centered on the preliminary review of the fourth tranche of Sri Lanka’s Extended Fund Facility (EFF) arrangement. The primary focus involved assessing Sri Lanka’s progress under the IMF-supported program […]
Sri Lanka’s Apparel industry responds to new U.S. tariffs; Engages Government on way forward
Sri Lanka’s apparel industry has expressed its concern over the Reciprocal Tariff policy announced by the U.S regime earlier today. The new tariffs proposed could significantly disrupt the country’s largest export sector and put thousands of jobs at risk. Following an announcement by U.S. President Donald Trump on April 2, a 10% baseline tariff on […]
MEDIQUIPMENT powers Sri Lanka’s healthcare with South Asia’s first AI-powered radiology equipment
MEDIQUIPMENT Limited, a leading provider of cutting-edge medical technology, has once again redefined healthcare standards in Sri Lanka with the successful installation of South Asia’s first-ever Artificial Intelligence-driven (AI) Magnetic Resonance Imaging (MRI) scanner at Nawaloka Hospitals PLC. This milestone reflects MEDIQUIPMENT’s unwavering commitment to advancing medical diagnostics by equipping healthcare providers with the most […]
Celebrating progress and partnerships: EZVIZ’s new product launch in Sri Lanka
EZVIZ, a global leader in smart home security solutions, proudly hosted its event, ‘EZVIZ: LEADING SMART HOME EMPOWERMENT 2025’ at Cinnamon Life last week. The event brought together esteemed partners, distributors, and stakeholders to celebrate their remarkable journey in Sri Lanka, express gratitude to their valued partners, and unveil the latest innovations designed specifically for […]
CCPI in March 2025 signals easing of deflationary conditions
In line with the Central Bank’s near term projections, deflationary conditions commenced easing in March. Headline inflation, as measured by the year-on- year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) 1 remained in the negative territory for the seventh consecutive month, yet recorded a slower deflation of 2.6% in March 2025 compared […]
Shyam Sathasivam succeeds veteran leader Vish Govindasamy at Sunshine Holdings PLC
Sunshine Holdings PLC (CSE: SUN) announced that Vish Govindasamy will be stepping down from his executive role within the Group to a Non- Executive role as Deputy Chairman after an illustrious 28-year journey marked by bold leadership, transformative innovation, and deep-rooted commitment to responsible entrepreneurship. Govindasamy will continue to support the Group in an advisory […]