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The UK Trade Partnership Programme project in Sri Lanka, funded by the Government of the United Kingdom and implemented by the International Trade Centre (ITC), aims to promote exports by facilitating access to markets, providing technical advisory services to SMEs, and strengthening business support organizations. The recently concluded training and validation workshop, conducted by the…
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Allion, a leading digital transformation consultancy and engineering company, proudly celebrates its 18th anniversary of delivering innovation and excellence in cutting-edge digital solutions for global organizations, governments, and technology startups. Since its inception in 2006, Allion has been at the forefront of driving digital transformation, helping businesses and global brands reimagine and realign their operations…
In light of the recent conclusion of Broadcom‘s acquisition of VMware in the cloud computing and virtualization arena, Dialog Enterprise reaffirms its steadfast commitment to delivering exceptional services to its clientele. Through its prestigious invite-only partnership with Broadcom, Dialog Enterprise will continue to serve its customer base unfailingly as a reliable service provider in the…
British Council in collaboration with ChildFund Sri Lanka, recently concluded an exciting competition to celebrate the achievements of local Sri Lankan women in their communities. The She-roes role model competition encouraged Sri Lankan girls to recognise and celebrate the achievements of local female role models, nurturing appreciation for the remarkable women in their communities. Tailored…
Sysco LABS recently successfully completed the 11th and 12th phases of its flagship community project ‘Share a Meal, Share a Moment’, distributing over 600 essential ration packs to communities in the Kalutara district. Since its inception in 2020, the ‘Share a Meal, Share a Moment’ initiative has touched the lives of over 45,000 people in…
Sysco LABS recently concluded its inaugural Tribal Karting Tournament held at the SpeedBay Circuit – Colombo Port City. The event showcased 8 tribes battling it out on the track for 3 exhilarating rounds of racing, culminating in a thrilling finale where the Florida Falcons emerged as undisputed champions, with the Texas Tigers and Ohio Orcas…
30th April 2024 is the International Day to End Corporal Punishment; physical abuse is the most common form of abuse affecting 1.3+ billion children annually around the world. However, neither the Government of Sri Lanka nor the National Child Protection Authority (NCPA) seem to recognise the significance of this day despite the fact that Sri…
As the Avurudu season approaches, Sri Lankans eagerly anticipate the festive spirit that accompanies this time of year. In line with the theme of fostering heartfelt celebrations, Seylan Cards, the Essential Card for Heartfelt Essentials, is thrilled to announce its array of exciting deals for valued cardholders. This year, Seylan Cards is dedicated to enhancing…
Lifebuoy Shampoo’s Support Drives Dialogue on Importance of Inclusivity A diverse and esteemed panel came together to delve into a crucial conversation surrounding the significance of impactful female figures in shaping the aspirations and dreams of future generations. The panel discussion served as a platform highlighting the critical need for recognising and celebrating the remarkable…
Celebrating the occasions of both Catholic Easter in March and Orthodox Easter in May, Emirates will be serving traditional lamb and an array of chocolate desserts in the lounges, hot cross buns and Easter bread onboard, sweet surprises for kids, and all the latest and greatest new family-friendly movies on ice. Easter treats served onboard…
“The Routes we Take” is a project by EUNIC Sri Lanka and Good Life X. EUNIC – European Union National Institutes for Culture – is Europe’s network of national cultural institutes and organisations, with 36 members from all EU Member States and associate countries. EUNIC Sri Lanka – consisting of Alliance Française and the Embassy…
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Nissan to strengthen product portfolio, advance electrification, introduce new ways of developing and manufacturing, and harness partnerships to achieve Ambition 2030 vision Nissan targets additional 1-million-unit sales compared to fiscal year 2023 and operating profit margin of more than 6% by end of fiscal year 2026 30 new models to be launched by fiscal year…
The Sri Lanka Association of Non-State Higher Education Institutes (SLANSHEI) held its Annual General Meeting on 22nd March 2024 at Waters Edge, Battaramulla. Dr. Dayan Rajapaksha who was re-elected as the President of SLANSHEI for another term welcomed the gathering. The SLANSHEI membership consisted of 14 Higher Education Institutions. The main objectives of SLANSHEI are…
Expolanka Holdings PLC today announced that the following resolutions were duly approved by the shareholders of the company at an Extraordinary General Meeting held on March 27, 2024. The company’s shareholders approved the delisting of the ordinary shares of Expolanka Holdings PLC from the official list of the Colombo Stock Exchange. This decision is subject…
Bloomberg – Sri Lanka is working on a proposal to exchange its existing dollar bonds for new securities, a step that would help the crisis-plagued South Asian country secure more international financial aid. The Ministry of Finance said on Thursday that it was inviting banks to submit proposals for the transaction. Financial institutions would work…
Small and Medium Enterprises Development State Minister Prasanna Ranaweera stated that Sri Lanka has recorded an export income of Rs. 983.7 million rupees in the past two months. This figure serves as a confirmation that the country is heading in the right direction economically. The state minister also highlighted that fostering an entrepreneurial environment within…
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) decelerated sharply to 0.9% in March 2024 from 5.9% in February 2024. This deceleration in the headline inflation is broadly in line with the projections of the Central Bank of Sri Lanka (CBSL). Non-Food Category recorded a deflation…
Reuters – The world’s largest refiner, China’s Sinopec plans to start work on a refinery in Sri Lanka by June, the power minister said on Thursday, advancing a project earmarked as the biggest investment in the crisis-hit island nation. Sri Lanka is looking to attract investment in the battle to stabilise its economy and return…
By Chaya Dissanayake and Rashmi Anupama The growing demand for Electrical Vehicles will boost the demand for both synthetic and natural graphite, particularly non-Chinese graphite, with the introduction of the US’ Inflation Reduction Act (IRA). High-quality Sri Lankan vein graphite, certified as environmentally sustainable with the “green” label, will solidify its standing in the global…
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By Chaya Dissanayake and Rashmi Anupama The growing demand for Electrical Vehicles will boost the demand for both synthetic and natural graphite, particularly non-Chinese graphite, with the introduction of the US’ Inflation Reduction Act (IRA). High-quality Sri Lankan vein graphite, certified as environmentally sustainable with the “green” label, will solidify its standing in the global…
Sri Lankans in coastal areas learning at temples entered ‘Scholar-hal’ (Schools) during the Portuguese rule. Class room education introduced by St. John Baptist De LaSalle of France (Patron saint of Teachers) continued with the Dutch & the British as a violence control tool but those marginalized (due to caste & class etc.) got exposed to…
Fitch Ratings – The majority of APAC banking jurisdictions are set to take the latest global iteration of Basel capital standards in their stride, says Fitch Ratings. Banking groups in most APAC markets have been able to absorb the moderate increases in capital requirements required under the final Basel III standards, due to prevailing conservative…
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