Category: Other
Global growth stabilizing; but 80-pct population to see slower pre-COVID decade growth: WB
The global economy is expected to stabilize for the first time in three years in 2024—but at a level that is weak by recent historical standards, according to the World Bank’s latest Global Economic Prospects report. Global growth is projected to hold steady at 2.6% in 2024 before edging up to an average of 2.7% in 2025-26. […]
‘s largest Advertising Festival sees global creatives in Colombo
Sri Lanka’s advertising industry experienced an unprecedented surge of inspiration as the Four A’s Advertising Festival took place on the 30th and 31st of May, welcoming over 650 participants. Hosted at the Taj Samudra, Colombo, the event featured 13 sessions & 5 workshops by global creative speakers, each bringing a wealth of expertise to the […]
PRCA Country Rep calls for ethics and standards in Sri Lanka’s advertising and marketing industry
Sri Lanka needs to put together a cohesive and comprehensive set of regulations and standards when it comes to advertising, marketing and communications and this should be done in consultation with various stakeholders in the industry, highlighted Thanzyl Thajudeen, the country representative of the Public Relations & Communications Association (PRCA), the world’s largest and influential […]
Nobel Biocare launches in SL, Bringing advanced dental implant solutions with Delmege Healthcare
Nobel Biocare, a global leader in innovative implant-based dental restorations, is thrilled to announce its official launch in Sri Lanka. This marks the first time our prestigious brand, renowned for its rich history and deep clinical expertise, will be available in this dynamic market. As a pioneer in implantology, Nobel Biocare is excited to be […]
TISL Challenges the Public Financial Management Bill in the Supreme Court
Transparency International Sri Lanka (TISL) filed legal action on Wednesday the 5th of June in the Supreme Court challenging the Public Financial Management Bill, highlighting concerns related to public procurement. The petition (SC SD 77/2024) points out that Clause 32 of the Bill seriously weakens the controls on public procurement, thereby enhancing the corruption risk […]
USAID Supports Enhancing Investment Climate Through Commercial Alternative Dispute Resolution
The United States, through the United States Agency for International Development (USAID), is supporting Sri Lanka’ s efforts to improve its investment climate by enhancing access to commercial alternative dispute resolution (ADR). This initiative has led to the U.S.-sponsored training and accreditation of 23 international commercial mediators in Sri Lanka, doubling the number of qualified […]
VIDEO: Earthquake in Indian politics – What cost Narendra Modi a landslide victory in election
Narendra Modi’s underwhelming victory in the Indian election has been described as an ‘earthquake in Indian politics’. India’s election results have sprung a surprise with the ruling BJP of prime minister Narendra Modi falling short of a majority. What are the top takeaways from these results?
Opinion: Ranil Wickremesinghe + Elon Musk = Optimism for Sri Lanka
June 1, 2024 (LBO) – A few weeks ago Sri Lankan media was abuzz with news of a meeting between President Ranil Wickremesinghe and the world’s richest and most famous person Elon Musk. When the photographs actually surfaced of the meeting, facilitated by the President’s Climate Advisor and Deputy Leader of the UNP Ruwan Wijewardene, […]
”s proposed wage hike for plantation sector workers
The plantation industry raised its strongest possible objections to the Government’s arbitrary, reckless, unilateral decision to drastically hike minimum wages for tea and rubber sector workers by an unprecedented 70%. All producer stakeholders issued a unified warning against the devastating impact the latest increase will have on the plantation sector, leading crippling operational challenges, ultimately […]
SL and the UK agree a new partnership to work together to protect marine environment
This week the Ministry of the Environment and the UK government’s Department for the Environment, Food and Rural Affairs signed a Memorandum of Understanding (MoU) between the two nations, to protect and enhance the marine environment. Mr. Prabath Chadrakeerthi, Secretary, Ministry of Environment and Sara Rusling, Deputy Director for the UK’s Department for Environment, Food […]
Launching Creative Catalyst Fellowship: Sri Lanka’s First Leadership & Innovation Program for Creatives
Good Life X (GLX) announced the launch of the Creative Catalyst Fellowship (CCF) at Trace Expert City today. The program, funded by the U.S. Government’s development arm – the United States Agency for International Development (USAID), seeks innovative solutions to social issues, harnessing the power of creatives to raise awareness, mobilize resources, and advocate for […]
CFA Society Sri Lanka Recognizes Achievements in Financial Management at University of Jaffna
CFA Society Sri Lanka (CFASSL) is pleased to acknowledge and celebrate excellence in the field of Financial Management at the University of Jaffna. In alignment with our dedication to fostering talent and recognizing exceptional academic performance, we are delighted to announce the recipients of our esteemed awards for the examination in 2021, presented at the […]