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Cinnamon Hotels & Resorts on culinary extravaganza with Gary Mehigan in partnership with SriLankan

Cinnamon Hotels & Resorts on culinary extravaganza with Gary Mehigan in partnership with SriLankan

Cinnamon Hotels & Resorts is delighted to announce an exciting collaboration with the National Carrier, SriLankan Airlines, as the powered by partner for …

November 17, 2023 | In Pictures, Other | Read More
Sri Lanka launches Nationally Determined Contributions (NDC) implementation plan

Sri Lanka launches Nationally Determined Contributions (NDC) implementation plan

From record-breaking temperatures to increasing extreme weather events, in 2022 alone Asia recorded 81 weather, climate and water-related disasters which …

November 17, 2023 | Featured | Read More
Design Code: Showcase of creativity, innovation, and collaboration

Design Code: Showcase of creativity, innovation, and collaboration

The University of Moratuwa unveiled their annual design showcase, "Design Code," scheduled to take place from November 23rd to 26th. The Design Code, a …

November 17, 2023 | General Services, Industry | Read More
Siddhalepa honors Asian Games gold medalist Tharushi

Siddhalepa honors Asian Games gold medalist Tharushi

Siddhalepa, a respected name in natural healthcare, took the opportunity to honor and appreciate the outstanding achievements of Tharushi Karunarathna, the …

November 15, 2023 | Companies, Featured, In Pictures, Industry, Other | Read More
Comm Bank Group’s 9-month gross income up 30.88-pct to Rs 256 Bn

Comm Bank Group’s 9-month gross income up 30.88-pct to Rs 256 Bn

A heightened emphasis on lending has seen the Commercial Bank Group increase gross loans and advances by Rs 51.404 billion in the third quarter of 2023 at a …

November 14, 2023 | Banking and Finance, Companies, Economy & Markets, Featured | Read More
Opinion: Price controls are not the way to bring down price of chicken

Opinion: Price controls are not the way to bring down price of chicken

By Pravena Yogendra, a contributor to the Advocata Institute  Most HoReCa channels in Sri Lanka sell a packet of chicken rice and curry at a higher price than …

November 14, 2023 | Featured | Read More
9th Regional dialogue on biodiversity finance in Sri Lanka features new opportunities

9th Regional dialogue on biodiversity finance in Sri Lanka features new opportunities

A sustainable wonder to the world, Sigiriya is one of the most valuable historical monuments in Sri Lanka and deserving of its inscription as a UNESCO World …

November 8, 2023 | Featured | 1 Comment | Read More
UNDP urges swift action and new directions to advance Asia-Pacific’s human development

UNDP urges swift action and new directions to advance Asia-Pacific’s human development

The Asia-Pacific region is lurching towards an era of unmet aspirations, worsening inequalities, and a steady erosion of democratic spaces. Rising global …

November 8, 2023 | Featured | Read More
Interview: CSE launch’s  newest feature in trading, Stock Borrowing and Lending (SBL) and Regulated Short Selling (RSS)

Interview: CSE launch’s newest feature in trading, Stock Borrowing and Lending (SBL) and Regulated Short Selling (RSS)

What is Stock Borrowing and Lending (SBL)? Stock Borrowing & Lending (SBL) is a mechanism that is introduced by the Colombo Stock Exchange (CSE) through …

November 6, 2023 | Banking and Finance | Read More
Ceylon Chamber leads private sector engagement at India – SriLanka biz summit

Ceylon Chamber leads private sector engagement at India – SriLanka biz summit

The Ceylon Chamber of Commerce called for a new economic model focused on export-led investment and tourism, and facilitating the private sector as the engine …

November 6, 2023 | Companies, Featured, Industry | Read More
PUCSL electricity tariff revision discriminatory: Advocata

PUCSL electricity tariff revision discriminatory: Advocata

Electricity tariff design must meet two main objectives: firstly, raising the money needed to pay for the costs of provision, and secondly, sending the right …

November 1, 2023 | Companies, Companies, Economy, Economy & Markets, Featured, Industry, Power | Read More
RIUNIT launches comprehensive reports on South Asia’s real estate market trends

RIUNIT launches comprehensive reports on South Asia’s real estate market trends

In a significant stride towards fostering transparency and informed decision-making within South Asia's real estate landscape, the Research Intelligence Unit …

November 1, 2023 | Companies, Featured, In Pictures, Industry, Other, Real Estate & Construction | Read More
Advocata’s Bath Curry Indicator recorded a year-on-year increase of roughly 2-pct

Advocata’s Bath Curry Indicator recorded a year-on-year increase of roughly 2-pct

Advocata’s Bath Curry Indicator (BCI) which is a price-index that tracks the monthly changes in the retail price of a basket of commonly consumed food items …

October 19, 2023 | Featured | Read More
Imperative for SOE Reforms in focus at Sri Lanka Economic Summit 2023

Imperative for SOE Reforms in focus at Sri Lanka Economic Summit 2023

The second session of the Sri Lanka Economic Summit 2023 titled ‘SOE Reforms – Now or Never’ will focus on the imperative for SOE reforms, sharing …

October 17, 2023 | Companies, Featured | Read More
Fitch downgrades Senkadagala Finance’s National rating to ‘BBB(lka)’, Removes RWN

Fitch downgrades Senkadagala Finance’s National rating to ‘BBB(lka)’, Removes RWN

Fitch Ratings has downgraded Sri Lanka-based Senkadagala Finance PLC's (Senka) National Long-Term Rating to 'BBB(lka)' from 'BBB+(lka)'. The Outlook is Stable. …

October 17, 2023 | Banking and Finance, Companies, Featured, Industry | Read More
Borders and Budget: Visa reform will boost tourism and reverse brain drain

Borders and Budget: Visa reform will boost tourism and reverse brain drain

By Daniel Alphonsus Three million tourists are set to visit our shores next year. We will issue nearly as many online visas - millions too many. ETAs are a …

October 16, 2023 | Featured, Opinion, Other, Special Reports, Watch Tower | Read More
CSE creates awareness on Regulated Short Selling (RSS) through Stock Borrowing and Lending (SBL)

CSE creates awareness on Regulated Short Selling (RSS) through Stock Borrowing and Lending (SBL)

The Colombo Stock Exchange (CSE) conducted a series of virtual workshops and intends to continue more workshops on Regulated Short Selling (RSS) through Stock …

October 13, 2023 | Banking and Finance, Companies, Economy, Economy & Markets, Markets, Policy | Read More
Privatisation is the need of the hour:Advocata

Privatisation is the need of the hour:Advocata

“At the interim budget last year, a list of SOEs reforms were provided to be restructured. 14 months later nothing has changed even in one SOE.”- Prof. …

October 13, 2023 | Companies, Economy, Economy & Markets, Featured, Policy | Read More
Lower global growth forecasts for 2023 and 2024: IMF

Lower global growth forecasts for 2023 and 2024: IMF

The World Economic Outlook October Update says global growth is forecast to slow from 3.5 percent in 2022 to 3.0 percent in 2023 and 2.9 percent in 2024. The …

October 11, 2023 | Companies, Economy, Economy & Markets, Featured, Industry | Read More
Fitch upgrades Ceylon Electricity Board to ‘BB+(lka)’; Outlook stable

Fitch upgrades Ceylon Electricity Board to ‘BB+(lka)’; Outlook stable

Fitch Ratings has upgraded Ceylon Electricity Board's (CEB) National Long-Term Rating and the rating on CEB's senior unsecure debentures to 'BB+(lka)', from …

October 10, 2023 | Economy, Economy & Markets, Featured, Industry, Power | Read More
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