The Commercial Bank of Ceylon has been ranked the best for service excellence among Sri Lanka’s banks in the 2024 edition of the annual Customer Excellence Survey of LMD, the country’s pioneering business magazine. This is the second consecutive year that Commercial Bank topped the banking sector for service excellence in the LMD survey. Conducted…
SLASSCOM (Sri Lanka Association for Software Services Companies) is thrilled to announce the continuation of its partnership with the Royal Norwegian Embassy. This collaboration builds on a history of impactful programs that have transformed Sri Lanka’s knowledge and innovation sector, focusing on skill development, AI awareness, startups and the empowerment of women tech entrepreneurs. The…
Small and Medium-sized Enterprises (SMEs) sector has been identified as the most crucial sector of strategic importance to re-orient the country’s economy considering the sectorial contribution to the economy which is more than 50% to the country’s Gross Domestic Production. Nevertheless, the recent upheavals experienced by the country during last few years, following the 2019…
Reuters – China will continue to play a “positive role” in the International Monetary Fund and maintain friendly communication with other creditors, in assisting Sri Lanka to achieve financial relief and debt sustainability, China’s Xinhua news agency reported on Thursday. The two countries will strive to conclude a comprehensive China-Sri Lanka free trade agreement as…
The Digital Payments Promotion Campaign 2025 under the theme of “Shaping the Future through Digital Transactions” was launched by Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL) on 9th January 2025, at the Magam Ruhunupura Administrative Complex in Hambantota. The campaign was organized by CBSL with the support of Mr. Bimal…
Sri Lanka’s Ministry of Power and Energy and China’s Sinopec Corporation have signed an agreement to build an oil refinery in Hambantota with an investment of USD 3.7 billion. The agreement was signed during President Anura Kumara Dissanayake’s current state visit to China, marking the highest foreign investment secured by the government, the President’s Media…
On the invitation of Chinese President Xi Jinping, Sri Lankan President Anura Kumara Dissanayake continues his four-day state visit to China, beginning the third day (16) by participating in an investment session scheduled for this morning. The “Investment Session,” jointly organized by public and private sector entities, will be held under the patronage of President…
Reuters – China and Sri Lanka agreed on more investment and economic cooperation on Wednesday as China’s President Xi Jinping met recently-elected Sri Lankan President Anura Kumara Dissanayake in Beijing. The countries signed 15 cooperation documents, including agreements on economic and technological development and aligning China’s ‘Belt and Road Initiative’ with Sri Lanka’s 2030 digital…
Ambassador of Sri Lanka to Thailand, Wijayanthi Edirisinghe met with Chairman of the Federation of Thai Industries (FTI), Kriengkrai Thiennukul on 10 January 2025 to discuss enhancing trade, investment, tourism and industrial collaboration between Sri Lanka and Thailand. During the meeting, Ambassador Edirisinghe expressed her appreciation for the opportunity to engage in meaningful dialogue. She…
Heshan Karunaratne Elected as the President for 2024/25 The Computer Society of Sri Lanka (CSSL) has unveiled a groundbreaking 2030 strategy, designed to position Sri Lanka as a leading player in the global digital economy. Announced at its 36th Annual General Meeting, this vision aligns closely with the principles of Society 5.0, a concept that…
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