Wins “Most Popular Music Video” and “Most Viewed Music Video of 2021” Awards South Asian pop music sensation – Yohani, bagged top honors in the categories of “Most Popular Music Video” and “Most Viewed Music Video of 2021” at the TV Derana Music Video Awards held recently. The win comes on the back of the…
Aims at strengthening economic development Research Intelligence Unit (RIUNIT) continues its groundbreaking efforts in shedding light on critical policy matters concerning Sri Lanka’s economic landscape. Their latest series of reports highlights the significance of illicit markets that operate within and beyond the island’s borders. Focused on combating illicit markets and their impact on the nation’s…
President Ranil Wickremesinghe has urged all political leaders to exhibit responsibility in their approach to the International Monetary Fund (IMF) program. He emphasized that those opposing the program should provide concrete proposals to rescue the country from financial crisis. The President cautioned against engaging in rhetoric merely for public appeasement without shouldering responsibilities, noting that…
A group of authorized mobile phone importers in Sri Lanka express their deep concern over the Sri Lankan government’s decision to remove mobile phones from the Value Added Tax (VAT) exemptions list, coupled with a simultaneous increase in VAT from 15% to 18%, effective January 1st, 2024. This dual impact, wherein devices now not only…
Commends resilience of SMEs with zero-closures; urgent support imperative to boost recovery The Sri Lanka Chamber of Garment Exporters (SLCGE) commended the remarkable resilience of its apparel SME membership for rapidly adapting to tough global market conditions and ending the year with zero closures. As the apex body for SMEs in the apparel sector, the…
Air Astana is the latest addition to the international Aviation family, and resumed flights to Sri Lanka recently. This was a plus point for Sri Lanka for its recognition as a world class travel destination. The passengers and crew of the aircraft were warmly welcomed by the Tourism Information Centre officers (TIC) of the Sri…
Further strengthening the country’s economy with the second tranche of the IMF – State Minister for Finance Shehan semasinghe State Minister for Finance Mr. Shehan Semasinghe declared that work on more than 200 development projects, initiated with foreign aid but halted midway, is set to recommence in the first quarter of the next year. Minister…
Boosting innovation and fueling business acumen, Macubator, the external accelerator by MAC Holdings (Pvt) Ltd, offers an exciting platform to give wing to the startup ambitions of aspiring entrepreneurs and university students. Macubator by Guardian Angels Fund is supported by a diverse panel of industry experts and knowledge partners from SLASSCOM (Sri Lanka Association for…
The Chinese Academy of Sciences (CAS) and the BOI recently concluded a series of meetings and fact-finding visits to the BOI zones and find new opportunities for fruitful long-term bilateral relationships. The NetZero commitment of the nations and industries and sustainable strategic planning of the BOI has paved the way to develop its zones management…
On the invitation of the Speaker of Parliament Hon. Mahinda Yapa Abeywardana and Parliamentarian Hon. Dayasiri Jayasekara, COYLE and The National Chamber of Exporters, engaged in bilateral business discussions with the Busan Economic Promotion Agency of South Korea. The aim of this dialogue was to bolster inward industrial investment in Sri Lanka and broaden operational…
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