Category: Industry
Opinion: From education to employment, Understanding the gender gap in the workforce
Thathsarani Siriwardana The issue of female labor force participation in Sri Lanka has remained a subject of discussion for several decades, yet tangible progress in improving it has been elusive. As the country grapples with its most severe economic crisis since gaining independence,it is important to take a hard look at our labour force to […]
Ceylon Chamber welcomes SVAT repeal deferment
The Ceylon Chamber of Commerce (CCC) expresses its appreciation to the Government and to the President in particular for the decision taken to postpone repeal of the SVAT scheme. The Bill provided to repeal the Simplified Value-Added Tax Scheme (SVAT) effective from January 1, 2024. This raised several concerns among various sectors, including exporters registered […]
Corporate Governance Awareness Session hosted by Compliance Forum of Finance Houses Ass concludes
The ‘Corporate Governance Awareness Session’ organized by the Finance Houses Association of Sri Lanka (FHA), the apex body of all registered Finance Ccompanies, was held at the Siyapatha Tower on the 11 th August 2023. Held in collaboration with the Central Bank of Sri Lanka (CBSL), the main objective of this event was to enhance […]
State Minister of Technology calls for comprehensive investigation into cyber attacks
State Minister of Technology, Kanaka Herath, has taken a decisive step today by officially requesting an investigation into a cyber attack that transpired on the 26th of August 2023. The Information and Communication Technology Agency (ICTA) and the Sri Lanka Computer Emergency Readiness Team (SLCERT) have been entrusted with the task of uncovering the details […]
Unveiling Trade Potential: An Ex-Ante Analysis of the Sri Lanka – Thailand FTA
Sri Lanka and Thailand are engaged in expedited negotiations for a free trade agreement (FTA), aiming to conclude the negotiations by early 2024. Both countries share a strong interest in expanding their trade ties, with Sri Lanka seeking preferential access to Thailand’s market and Thailand keen to tap Sri Lanka as a gateway to South […]
Ceylon Chamber of Commerce Advocates for Healthcare Reform and Patient Safety in Sri Lanka
The Ceylon Chamber of Commerce has taken a proactive stance in addressing critical issues within Sri Lanka’s healthcare sector, recognising the importance of patient safety, access to quality healthcare, and fostering industry growth. The Ceylon Chamber initiated a meeting with the Minister of Health Keheliya Rambukwella, and outlined a comprehensive plan of action to revitalize […]
JICA to provide Technical Cooperation in Power Sector Reforms of Sri Lanka
The Cabinet appointed a Senior Lead advisor as the Head of Power Sector Reform Secretariate, to provide Strategies to coordinate activities pertaining to the implementation of the reform process of the Power Sector. The said Senior Lead advisor’s assignment is funded by JICA, as a grant in JICA’s technical cooperation. In March 2023, the IMF […]
Mastercard and Colombo Port City Economic Commission Sign MoU for City Possible
Mastercard and Colombo Port City Economic Commission today announced the signing of a Memorandum of Understanding (MoU) to collaborate by leveraging Mastercard’s City PossibleTM platform for the development of Port City Colombo, an export-oriented, multi-service-focused Special Economic Zone. Colombo Port City Economic Commission envisions positioning Port City Colombo, as a modern, sustainable, Smart City, and […]
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 […]
‘You think less of your country than I do’ – Mo Gawdat on Sri Lanka
Cinnamon Hotels and Resorts hosted Mo Gawdat, the former Chief Business Officer of Google X and Best-selling author, at Cinnamon Lakeside Colombo last week to enlighten a Sri Lankan audience of IT specialists, businessmen, professionals, and corporates on the future of Artificial Intelligence. As an entrepreneur with a 30-year career in technology, he gave […]
Agarapatana Plantations Ltd debuts trading on the CSE
The shares of Agarapatana Plantations Limited (CODE: AGPL-N-0000) commenced trading on the Colombo Stock Exchange (CSE) on 04 th September 2023. The shares have been listed on the Diri Savi Board of the CSE under the Food, Beverage & Tobacco sector. The occasion was marked with a special Bell Ringing Ceremony. The company’s Initial Public Offering (IPO) for 83,070,111 ordinary voting shares has been oversubscribed […]