Category: Other
Uber turns Seven in Sri Lanka, Covers over 555 million km in Trips
Uber completed seven years of operations in Sri Lanka and shared some interesting numbers as it touched a new milestone. In its seven years of operations, Uber has completed over 555 million kilometers in Uber trips around the island nation. That’s enough kilometers to travel to the moon from Earth and back 725 times! With […]
Romesh de Silva PC Opines on Ranil Wickremesinghe After 50 Years at the Bar (full speech)
December 8, 2022 (LBO) – Sri Lanka’s leading Silk Romesh de Silva PC delivered a speech felicitating President Ranil Wickremesinghe at an event in recognition of the President’s 50 years at the bar. The full speech is reproduced below: Today we are felicitating our president and deservedly so. The stated purpose is his completion of […]
World Growth Forecasts Cut Again as Inflation Fight Intensifies
World GDP forecasts for 2023 have been revised down again as central banks intensify their fight against inflation and the outlook for China’s property market deteriorates, says Fitch Ratings in its latest Global Economic Outlook (GEO) report published today. Fitch now expects world GDP to grow by 1.4% in 2023, revised down from 1.7% in […]
Death of Legendary Tennis Coach Nick Bollettieri (1931-2022)
December 6, 2022 (LBO) – Nick Bollettieri, perhaps the most important figure in the history of Tennis coaching, has passed away at age 91. Bollettieri was the one of the pioneers of the ‘tennis academy’ concept, where the best players in the world would come together and train as well as school in the same […]
United States Provides 9,300 Metric Tons of Fertilizer to Paddy Farmers in Sri Lanka
The United States officially handed over 9,300 metric tons of urea fertilizer to the Ministry of Agriculture to distribute to more than 193,000 smallholder paddy farmers in Jaffna, Mullaitivu, Mannar, Vavuniya, Anuradhapura, Trincomalee, Batticaloa, and Monaragala districts. The fertilizer, procured by FAO with funding from the U.S. Agency for International Development (USAID), is the first […]
Five Thousand hectares in Monaragala, Kotiagala for farming on a temporary basis
A discussion was held at the Presidential Secretariat yesterday (01) under the patronage of President’s Senior Adviser on National Security and Chief of Presidential Staff Sagala Rathnayake on the utilization of land in Monaragala, Kotiyagala and Kabilitta areas for farming to face the food crisis in the future. These lands were previously reserved for reforestation. […]
Framing a fresh narrative of South Asian Luxury at CFW
Luxury edition by CFW focuses on refreshing the luxury narrative which is relevant to Sri Lanka and South Asia. This narrative is presented in a conversation on sustainable luxury called Luxury Talks. ‘Luxury Talks’ is set to be held on the 16th of November 2022, at 6.45PM at Galle Face Hotel’s 1864 fine dining restaurant. […]
The world population reaches 8 billion people
Our world is approaching a landmark moment in human history. On 15 November 2022, the global population is projected to reach 8 billion people. Thanks to science, technology, and groundbreaking innovations, we now live longer and healthier. It took the human family 125 years to get from 1 billion to 2 billion. But only 12 […]
Aruna Perera, CFA takes over CFA Society Sri Lanka reins
CFA Society Sri Lanka is part of the worldwide network of CFA Institute member societies that lead the investment profession globally. The Society announced the appointment of Aruna Perera, CFA as its 10th President at the AGM held virtually on Thursday, 10th November 2022. He takes the reins from Dinesh Warusavitharana, CFA. Aruna is a […]
Korea and Sri Lanka marks 45th Anniversary of diplomatic relations
By Korean Ambassador Santhush Woonjin JEONG Ayubowan, Vanakkam, Annyonghasimnikka (Korean greeting) I am the Ambassador of the Republic of Korea to Sri Lanka, Santhush Woonjin Jeong. November 14th marks the 45th anniversary of the establishment of the diplomatic ties between Korea and Sri Lanka. I would like to celebrate the meaningful day together with Sri […]
UK Trade Envoy concludes 3-day visit to Sri Lanka
The UK Prime Minister’s Trade Envoy for Sri Lanka Lord Davies of Abersoch visited Colombo from 9th to 11th November 2022. During the visit Lord Davies had meetings with Minister of Trade Hon. Nalin Fernando, State Minister of Finance Hon. Shehan Semasinghe, and Central Bank Governor Dr. Nandalal Weerasinghe. Discussions focused on Sri Lanka’s trade and investment landscape, and […]
With people rushing for Sri Lanka’s exit, is anyone coming back?
By Jekhan Aruliah In July 2022 the Sri Lanka Sunday Times reported “Pandemonium at passport office”, reporting people sleeping for days in queues waiting to get their papers stamped. The Ceylon Today newspaper reported in September 2022 that “About 2000 doctors have left so far this year due to the current economic crisis”. With so […]