Ambassador of Sri Lanka and Permanent Representative to UNESCAP, Wijayanthi Edirisinghe, met with the Governor of Bangkok, Chadchart Sittipunt to discuss areas of collaboration between Sri Lanka and Bangkok. Ambassador Edirisinghe underscored the profound Buddhist and cultural ties between Sri Lanka and Thailand, drawing attention to key symbols of Sri Lanka’s heritage, such as the…
Elegance in extremity: Range Rover Electric advances through pivotal development phase – prototypes are testing in the deserts of the United Arab Emirates, in temperatures exceeding 50C Refinement reigns: Range Rover Electric prototypes tackle challenging sand dunes in the UAE; a new Intelligent Torque Management system ensures comfort, composure and capability across challenging desert terrain…
The National Information Technology Conference (NITC) 2024, hosted by the Computer Society of Sri Lanka (CSSL), marked a pivotal moment in Sri Lanka’s digital journey. Under the theme “Catalyzing a Progressive Future: Towards Society 5.0,”the event introduced the transformative concept of Society 5.0 to the nation —a vision that integrates advanced technologies like Artificial Intelligence…
All professionals invited to participate in creating a digital economy – President highlights these goals upon assuming duties as Minister of Digital Economy President Anura Kumara Dissanayake emphasized the need for the support of all professionals to digitize the country and actively participate in the process, at a time when the expectations of the political…
Sri Lanka Tourism Promotion Bureau, in collaboration with the Embassy of Sri Lanka in Warsaw, participated as the “Partner country”, in the 30th Edition of the International Travel and Tourism Fair “TT Warsaw” held from 29 November 2024 to 01 December 2024. The “Partner country” status enhanced Sri Lanka’s opportunity to expose itself to a wider…
No Political Favoritism in Granting New Investment Opportunities- President President Anura Kumara Dissanayake stated that with the political stability that has prevailed in the country today, an environment suitable for investment has been created. He further emphasized that there will be no political influence in granting new investment opportunities, such as those based on political…
Contrary to the popular belief that the country is way behind in its digital transformation, Sri Lanka’s economic heartbeat now pulses digitally with LankaPay as its lifeblood. Transcending its original role as a mere payment system, LankaPay has emerged as the country’s digital backbone, laying the foundation for rapid economic growth. In 2023, LankaPay’s digital…
The United Kingdom (UK)-Sri Lanka Trade Mission, co-organized by the International Trade Centre (ITC) and the Sri Lanka Export Development Board (EDB), successfully concluded its Jaffna program on 4th December 2024. This initiative highlighted the export potential of women-led businesses in Sri Lanka, particularly in the Northern region. The programme, part of the UK Government-funded…
Reuters – Bitcoin catapulted above $100,000 for the first time on Thursday, a milestone hailed even by sceptics as a coming-of-age for cryptocurrencies as investors bet on a friendly U.S. administration to cement cryptos’ place in financial markets. The total value of the cryptocurrency market has almost doubled over the year so far to hit…
Fitch Ratings: Fitch Ratings has upgraded Bank of Ceylon’s (BOC) Long-Term Foreign Currency Issuer Default Rating (IDR) to ‘CCC-‘ from ‘CC’. At the same time, the Rating Watch Negative (RWN) on the Viability Rating (VR) has been removed and the VR upgraded to ‘ccc-‘ from ‘cc’. Fitch has also affirmed the Short-Term IDR at ‘C’…
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