The Embassy of Sri Lanka in the Netherlands recently hosted an online dialogue aimed at strengthening ICT collaboration between Sri Lanka and the Dutch innovation ecosystem. The session brought together the Information and Communication Technology Agency (ICTA) of Sri Lanka and Sri Lankan ICT professionals based in the Netherlands. Addressing the meeting, Ambassador Rekha Gunasekera…
Reuters – Asian stocks stuttered on Thursday, while oil prices stabilised and the euro was perched at a 3-1/2-year high as investors weighed geopolitical, economic and fiscal uncertainties as they braced for U.S. President Donald Trump’s deadline on tariffs. Markets have been soothed by a ceasefire between Israel and Iran that appeared to be holding,…
By Dr. Pulasthi Amarasinghe In April this year, the Cabinet approved the expansion and extension of Aswesuma. This is timely, as strengthening social protection remains a critical priority as Sri Lanka continues to grapple with the aftermath of its economic crisis. However, Aswesuma’s effectiveness, especially in terms of its impact on household welfare, will depend…
Sri Lanka has recorded 1,123,289 tourist arrivals as of June 22 this year, according to the latest data released by the Sri Lanka Tourism Development Authority (SLTDA). The Authority reports that 93,486 international visitors arrived in the country during the first 22 days of June alone. India remained the top source market during this period,…
Rising Veganism, Health Consciousness, and Plant-Based Diet Trends Drive 9% CAGR Growth Across Food, Beverage, and Personal Care Applications Globally The global coconut milk powder market is experiencing remarkable expansion, with market valuation projected to surge from USD 224.2 million in 2025 to USD 409.9 million by 2032, growing at a CAGR of 9% during the 2025-2032 forecast period. This substantial…
The National Anti-Human Trafficking Taskforce (NAHTTF) in collaboration with the International Organization for Migration (IOM), launched an island-wide television and radio campaign to raise awareness on trafficking-in-persons. Implemented as a part of the USD 2.6 million project for supporting migrant returnees and communities in vulnerable situations funded by the Government of Japan, the initiative highlights…
The Association of Professional Bankers, Sri Lanka (APB), the leading representative body for banking professionals in the country, has taken a notable step in furthering its mission by appointing a group of distinguished leaders from both private and public sector banks to serve as Advisers and members of its Fund Management Committee. This development marks…
MTI’s International Team in Bhutan this week An international team of MTI Consultants, along with their Bhutan-based Associates, are in Thimphu this week to launch the Bank of Bhutan’s 6-year Corporate Strategic Plan, with a strategic thrust on AI integration and Digital Transformation. Bank of Bhutan (BoB) is the largest and oldest commercial bank in…
The above mentioned company submitted an investment application to BOI on 9th December 2023, to manufacture and export mattresses to multiple countries. As a member of the World Trade Organization (WTO), Sri Lanka has an obligation to adhere to the global rules based trading system established by the WTO, and all trade related activity are…
HNB Finance PLC has delivered an outstanding performance for the financial year ended March 31, 2025, continuing its positive growth trajectory and further strengthening its position in Sri Lanka’s financial services sector. The Company reported a Profit Before Tax (PBT) of Rs. 2.2 billion for the financial year 2024/25, marking a remarkable 112% increase compared to Rs. 1…
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