Groundbreaking ceremony for INSEE Warehouse at Hambantota Port Industrial Park

INSEE Cement, Sri Lanka’s leading cement manufacturer, began construction of their mega capacity warehouse within the industrial park in Hambantota International Port (HIP) last week.  The US$ 3 million investment by INSEE will be the largest warehousing facility inside a port in Sri Lanka for raw materials used in the production of cement.  The warehouse […]

‘s & Doctoral Degree Scholarships

The Project for Human Resource Development Scholarship (JDS) was initiated in year 2010 in supporting the capacity development of young officials of the Government of Sri Lanka by providing diverse opportunities to study at reputed Japanese Universities. A Grant Agreement was concluded for an amount of 282 million Japanese Yen, approximately 739 Sri Lankan Rupees […]

Winners and Losers of Sri Lanka’s Work from Home Policy

A new publication by the Institute of Policy Studies of Sri Lanka (IPS) has identified that a key barrier to remote work in Sri Lanka is the lack of relevant regulations and legislation governing the Work from Home (WFH) practice. Accordingly, the publication advocates legal reforms to facilitate WFH and improve labour market activities in […]

ComBank offers certificate course for women entrepreneurs with PIM

The Commercial Bank of Ceylon has launched a ground-breaking certificate course in SME skills development exclusively for women entrepreneurs, in collaboration with the Postgraduate Institute of Management (PIM) affiliated with the University of Sri Jayewardenepura. The course will consist of three seven-hours-a-day sessions spread over three months followed by a practical presentation session, the Bank […]

Pan Asia Bank upgrades customer security with Epic Lanka’s access control server solution

Further consolidating its advanced Information Technology (IT) Infrastructure and Applications required for optimal functioning, Pan Asia Bank announced the installation of a holistic security platform to combat frauds during Credit and Debit card transactions. The 3D Access Control Sever (ACS) solution was developed for the Bank by Epic Lanka, Sri Lanka’s pioneer Fintech and payment […]

Pan Asia Bank partners Union Assurance to extend protection and healthcare to its valued customers

Pan Asia Bank recently signed an agreement with Union Assurance PLC to offer its valued customer base a wide range of Life, Health, and Investment insurance solutions. As part of this strategic tie-up, Union Assurance will work closely with Pan Asia Bank branches to provide comprehensive solutions to protect the lifestyles, dreams, and ambitions of Pan Asia customers. Pan Asia Bank’s Managing […]

Global Food Price Inflation Likely to Fall Sharply in 2023: Fitch Ratings

World grain prices have fallen sharply in recent weeks, raising the prospect of a sharp drop in annual CPI food inflation next year, says Fitch Ratings in its latest Economics Dashboard. Grain prices surged at the start of the Ukraine war on supply concerns but there is renewed optimism that other countries will step up […]

Consular Affairs Division of Ministry of Foreign Affairs Resumes its Regular Services

Considering the heavy demand for Consular Services and in order to provide for the public needs in this regard, the Consular Affairs Division will be open to the public on all weekdays, Monday to Friday commencing July 04, 2022. The Regional Consular offices in Jaffna, Matara, Kandy, Trincomalee and Kurunegala will also follow the same working […]

Russian Ambassador calls on Foreign Minister Peiris

Ambassador of the Russian Federation to Sri Lanka, Yury Materiy, called on the Minister of Foreign Affairs, Professor G.L. Peiris yesterday at the Ministry of Foreign Affairs. Foreign Minister Peiris and Ambassador Materiy discussed several issues aimed at enhancing the multi-faceted bilateral relations which celebrated its 65th anniversary in 2022. Foreign Minister Peiris briefed Ambassador […]

Sri Lanka to introduce new law on contempt of court

As the offense of contempt of court has not been defined in Sri Lanka, there is no clear and uniform procedure for hearing and adjudicating such cases. As a result, it is difficult to identify the limits of interference in the justice process and the limits on the right to freedom of expression. It seems […]

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