The Central Bank of Sri Lanka (CBSL) in collaboration with the Asian Development Bank Institute (ADBI) and the Asia-Pacific Applied Economics Association (APAEA), co-hosted the CBSL-ADBI-APAEA Macroeconomics Conference for the fifth consecutive year on 06 September 2024. This year’s conference theme was ‘Inflation and Exchange Rate Dynamics in Asia and the Pacific. Inaugurating the Conference,…
LOLC Advanced Technologies (LOLC AT), Australia, a subsidiary of LOLC Advanced Technologies (LOLC AT), Sri Lanka, has announced a strategic partnership with Khalifa University of Science and Technology in Abu Dhabi. This development builds on the Memorandum of Understanding signed in August 2023, which marked the official launch of the partnership between Khalifa University’s Research…
The United Nations Development Programme (UNDP) in Sri Lanka in collaboration with the Colombo Stock Exchange (CSE), Ceylon Chamber of Commerce (CCC), United Nations Global Compact Network Sri Lanka (CNSL), and the UN Economic and Social Commission for Asia and the Pacific (UNESCAP), recently hosted a two-day workshop as part of the Sustainable Finance Week…
Ceylon Energy, in partnership with HJT China, proudly announces the successful completion of the Maho and Ampara 33kV power distribution lines. These milestones mark a significant achievement within the broader Supporting Electricity Supply Reliability Improvement Project (SESRIP), a groundbreaking initiative designed to revolutionize energy distribution across Sri Lanka. SESRIP is a transformative electrification project, addressing…
Economic Stability Paves the Way for Financial Activities in Port City. Commitment to On-going Programs Promises a Brighter Future for the Nation. Revising IMF and Foreign Credit Agreements Could Undermine Future Prospects – President. Parliament Approves Key Regulations to Kick-start Financial Activities in Port City Yesterday- State Minister for Investment Promotion Dilum Amunugama. President Ranil…
The anticipated Asia Pacific Retailers Conference and Exhibition (APRCE) 2024 began on the 4th of September at the Shangri La Hotel, Colombo with a riveting welcome ceremony bringing together top leaders and innovators in the retail industry. This event organised by the Sri Lanka Retailers’ Association together with the Federation of Asia Pacific Retailers’ Associations…
The Commercial Bank of Ceylon has announced a series of attractive concessions for students making payments to foreign universities in the next three months. The Bank said it would slash the initial telegraphic transfer (TT) charges by half for Sri Lankans opening new student files before 30th November 2024, and reduce the interest rate by…
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has revealed the next four finalists in the Dialog Innovation Challenge Grand Finale. The programme aims to discover innovative digital solutions with the power to positively transform the lives of Sri Lankans, as well as businesses and communities across the nation. This latest update highlights Dialog’s ongoing…
The Renewable Energy Protectors’ Association (REPA) called on the leading Presidential candidates to outline their plans to address the issues faced by the renewable energy sector, including the Power and Energy Minister’s recent decision to lower the tariff rate for solar energy projects to Rs. 27 per unit. REPA has also urged the public, particularly…
A special meeting to appraise the Members of Parliament on CBSL duties was held last Tuesday (03) in Parliament under the patronage of Hon. Mahinda Yapa Abeywardana, the Speaker. Members of Parliament, Dr. Nandalal Weerasinghe, Governor of the Central Bank, members of the Governing Board and the Monetary Policy Board, high officials of the Central…
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