The Colombo Stock Exchange (CSE) witnessed a historic trading session today (16), with the All Share Price Index (ASPI) crossing the 14,500 mark for the first time. The ASPI surged by 295.10 points, closing at 14,500.44, reflecting a 2.08% increase compared to the previous day. Similarly, the S&P SL20 index climbed by an impressive 105.37…
The Deputy Minister of Finance and Planning, Dr. Harshana Suriyapperuma, visited the BOI and conducted the first meeting with senior management. At the outset, the minister appreciated the BOI staff for their contribution to servicing existing BOI companies during the economic meltdown, which enabled business continuity without any hindrance. The minister further noted that they…
Sri Lanka Convention Bureau (SLCB) recently hosted another groundbreaking MICE awareness sessions (Meetings, Incentives, Conference & Exhibitions) attracting leading hoteliers and university students in the Northern region of Sri Lanka. More than 100 participants from leading hotels, universities, educational institutions for hospitality management attended the full-day MICE Tourism Training Programmes on 26 & 27 November 2024 in Jaffna…
The Central Bank of Sri Lanka held its flagship research event, the 13th International Research Conference, on 13 December 2024 at the John Exter International Conference Hall of the Central Bank. The Conference aimed at stimulating innovative theoretical and empirical research on various contemporary macroeconomic policy issues. It provided researchers from diverse backgrounds a platform…
People’s Bank recently enabled local routing of domestic USD fund transfers via LankaPay to its US Dollar On-line Payment system, marking a pivotal step in enhancing the digital payment ecosystem in Sri Lanka. This collaboration is set to empower businesses and individuals by providing a seamless, secure and a cost-effective alternative for domestic interbank dollar…
Hayleys PLC reached a pinnacle of achievement in corporate reporting, winning the coveted ‘Cyril Gardiner Memorial Trophy’ Gold Award for Overall Excellence in Corporate Reporting at the recently concluded CA Sri Lanka TAGS Awards 2024. Since the inception of the TAGS Awards in 2022, Hayleys has consistently claimed this top honour, firmly establishing itself as…
As the semiconductor industry races toward an anticipated $1 trillion in revenue by the end of the decade, the demand for skilled semiconductor engineers has become a global priority. Addressing this pressing need, Synopsys, the industry leader providing silicon to systems design solutions that maximize the capabilities of technology R&D teams, is paving the way…
Hambantota International Port (HIP) has once again received international recognition for its outstanding handling of RORO (Roll-On/Roll-Off) transshipment operations. The accolade was presented during MOL’s (Mitsui O.S.K. Lines) Annual Stevedore Meeting for India and Indian Ocean Region, held in Chennai. MOL commended HIP for achieving zero cargo damage and maintaining safe Pure Car Carrier (PCC)…
The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Embassy in Thailand, the Sri Lanka Automobile Component Manufacturers Association (SLACMA), and the Thai-Sri Lanka Chamber of Commerce, organized an exposure and study tour to Thailand for Sri Lankan automotive exporters and manufacturers. A delegation comprising representatives from nine (09) Sri Lankan…
By Jithendra Antonio In a rapidly evolving landscape marked by relentless technological advancement, the education system of Sri Lanka faces a pivotal moment of transformation. The traditional academic model, long established as the cornerstone of the country’s education framework, is struggling to keep pace with the dynamic needs of modern society. But the way forward…
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