Category: Industry
Pace of reform toward equal rights for women falls to 20-year low: World Bank report
The global pace of reforms toward equal treatment of women under the law has slumped to a 20-year low, constituting a potential impediment to economic growth at a critical time for the global economy, a new World Bank report shows. In 2022, the global average score on the World Bank’s Women, Business and the Law index rose […]
Aitken Spence Travels sets stage to welcome inaugural Bulgarian flight for 2023
Aitken Spence Travels (AST) welcomed a charter flight from Bulgaria on 02nd March 2023 to the Mattala Rajapaksa International Airport (MRIA) with 200 holiday makers. The visitors from Bulgaria will be discovering Sri Lanka with excursions to explore the vivid culture of the country including Kandy city, the cultural triangle, Pinnawela, the misty mountains of […]
CA Sri Lanka expands its global footprint with an overseas chapter in Canada
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), which prides itself on being a world-class professional body, continued to expand its global presence by launching its seventh overseas chapter in Canada. The CA Sri Lanka Canada Chapter was formally launched at the Burnaby Executive Hotel in Vancouver in the presence of Sanjaya Bandara, […]
IFS marks 25th anniversary of the inception of its operations in Sri Lanka
IFS, the global cloud enterprise software company, announced today that it is celebrating the 25th anniversary of the inception of its Sri Lankan operations. Since its humble beginning in 1997, with just 26 employees in a two roomed office in Colombo 03, IFS has made major investments into the workforce and community, becoming the second […]
Increase PAYE tax threshold from Rs 100,000 to 200,000: Eran
SJB alleges that it is a serious problem that the people have to take to the streets, as they have been burdened with heavy taxes while the working people have lost their income. As a result, the food insecurity, increased mal-nutrition and prevention of diseases have become a big problem for the people, said Eran […]
Shangri-La Hotels and Resorts Bring Indian Destination Wedding Expo to Sri Lanka
This March, Shangri-La Colombo and Shangri-La Hambantota welcome India International Wedding Connections (IIWC), a premier expo promoting destination weddings to the global Indian wedding community. The event will be held for the first time in Sri Lanka with a view to enhancing the country’s potential as a preferred location for destination weddings. IIWC Experience 2023 […]
Research Intelligence Unit hosts engaging webinar on lessons drawn from Sri Lanka’s debt crisis
The international research firm Research Intelligence Unit (RIUNIT) considered it important to broaden the debate and evolve beyond the ‘same old’ regurgitation of rhetoric which isn’t very useful in reaching solutions to the predicament faced by Sri Lanka. It was also felt that it’s important to share the lessons from Sri Lanka with the other […]
‘s export earnings decline to 11.3-pct in Jan 2023: Imports down 29.2-pct
• The deficit in the merchandise trade account narrowed in January 2023, compared to a year ago. • Export earnings declined while import expenditure remained subdued in January 2023, compared to year earlier. • Workers’ remittances and earnings from tourism continued to increase in January 2023. • Gross official reserves strengthened at end January 2023, […]
CCPI based headline inflation eases in February 2023: Food inflation down to 54.4-pct
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100)1 decreased to 50.6% in February 2023 from 51.7% in January 2023. The decline in the headline inflation is broadly in line with the disinflation path envisaged by the Central Bank of Sri Lanka (CBSL) in January 2023. The […]
‘s HIP to be a key transhipment port for India’s EV manufacturing hub
With India looking very positively at becoming a manufacturing hub for electric vehicles (EV), joint venture partners are looking very closely at Hambantota International Port (HIP) as the key transhipment point for their markets in the east and west of the island. HIP participated in the recently held ‘ET Auto Electric Vehicle Conclave 2023’ organised […]
Doc990 introduces digital health services via Amazon’s alexa
Introducing the next frontier for conveniently accessing healthcare services from home, Doc990, Sri Lanka’s pioneering digital health solutions service provider, powered by Dialog Axiata PLC, extended Amazon Alexa Voice Command Support for digital health services for the first time in Sri Lanka.This new feature enables customers to easily access the Doc990 services with simple voice […]
Sri Lanka targets growing European market for organic food
A delegation from Sri Lanka participated in the BIOFACH Trade Fair, the world’s largest annual organic food products trade show held from 14-17 February 2023 in Nuremberg, Germany. This annual trade fair held since 1990 attracts food industry professionals from across the world. This year, 2,765 exhibitors from 95 countries participated in the trade fair. The fair was […]