Category: Industry
Microsoft launches startup founders hub in Sri Lanka
Microsoft for Startups Founders Hub was recently launched in Sri Lanka to empower local startup founders to turn their ideas into reality and help boost the economy. The Microsoft for Startups Founders Hub is designed to remove traditional barriers to building a company and help founders innovate and grow, regardless of their background, location, progress, […]
SLASSCOM ties up with Information & Communications Technology Association of Jordan
Under the aegis of the Embassy of Sri Lanka in Jordan, an MoU between SLASSCOM and INT@J was signed on 27 October, 2022. The MoU signing took place virtually between Chairman Ashique M. Ali on behalf of the Sri Lanka Association for Software and Services Company (SLASSCOM) and Chairman Amjad Swais for INT@J in the […]
Microsoft launches Founders Hub in Sri Lanka
Microsoft for Startups Founders Hub was recently launched in Sri Lanka to empower local startup founders to turn their ideas into reality and help boost the economy. The Microsoft for Startups Founders Hub is designed to remove traditional barriers to building a company and help founders innovate and grow, regardless of their background, location, progress, […]
Emirates holds assessment days to recruit cabin crew in Sri Lanka
Emirates, the world’s largest international airline, is looking for candidates to join its multinational cabin crew team with an assessment day planned in Colombo on 26 October. The Dubai-based airline is looking for individuals who are passionate about delivering simple yet personalised and impeccable hospitality while creating memorable moments for its customers. Safety being one […]
Mastercard secures 50+ travel offers to support the revival of Sri Lanka’s tourism industry
As the situation in Sri Lanka continues to improve, Mastercard today announced its latest effort to promote the island nation as a safe, affordable destination for inbound travelers. With tourism being a key pillar of the country’s economy, restoring holidaymakers’ confidence and appetite to visit Sri Lanka is the natural next step following the relaxation […]
Free-Trade-Agreements essential to enhancing Sri Lankan apparel’s resilience
With fears of a global economic recession looming, the Joint Apparel Association Forum (JAAF) is actively stepping up engagement with top Government and Foreign Ministry officials to expedite negotiations on Free Trade Agreements (FTAs) to help boost exports and strengthen he industry’s resilience. Elaborating on the progress thus far, Deputy Chairman of JAAF and Chief […]
SL Purchasing Managers’ Index: Sept 2022 manufacturing PMI decline
Manufacturing PMI declined in September 2022, indicating a setback in manufacturing activities on a month-on-month basis. Accordingly, Manufacturing PMI recorded an index value of 42.6 in September 2022, with a decline of 7.0 index points from the previous month driven by the decreases in all the sub-indices, except Employment and Suppliers’ Delivery Time. The decline […]
Ceylon Chamber seeks acceleration of reforms and greater accountability for Govt spend
The Ceylon Chamber of Commerce acknowledges the rationale for the recently proposed tax changes and calls on the Government to show greater restraint, accountability and transparency on government spending. While the tax hike will invariably impact businesses and private sector employees adversely in the current context of high inflation and negative economic growth, it is […]
Hayleys Fabric strengthens biodiversity regeneration efforts, Partners with CEA and local universities
Strengthening its commitment to drive biodiversity regeneration and environmental conservation, Hayleys Group subsidiary and leading textile manufacturer Hayleys Fabric partnered with the Central Environmental Authority (CEA) and the Universities of Peradeniya and Wayamba to champion the protection of habitats connected to tributaries of the Bentota River. The Rs. 1.5 million initiative aims to stabilise the […]
PRCA APAC findings shed light to the state of the PR industry in Sri Lanka
The APAC chapter of the Public Relations and Communications Association (PRCA), the world’s largest and influential PR body, carried out a survey during October with the view of understanding and informing on the state of the PR industry in Sri Lanka. The survey was carried out among 33 leaders and senior executives from over local […]
Sri Lanka to seek eligibility for IDA loans while remaining as a middle-income country: PMD
The government stated that Sri Lanka will remain a middle-income country and pursue a “reverse graduation” policy for a limited period of time. Releasing a press release, the President’s Media Division said that the Cabinet-approved proposal will only be intended to request the World Bank to grant the country eligibility to obtain loans offered by […]
Ceylon Chamber to Host Sri Lanka Economic Summit 2022
As Sri Lanka begins the monumental task of laying the groundwork for economic revival, the Sri Lanka Economic Summit (SLES) 2022 organised by the Ceylon Chamber of Commerce, will kick-start the conversation on the work that lies ahead, under the theme ‘Resetting from Turmoil to Opportunity’, on December 5th and 6th at the Shangri-La, Colombo. […]