The “Gem Sri Lanka – 2025” gem and jewellery exhibition was inaugurated this morning (08) at the Cinnamon Bentota Beach Hotel, presided over by President Anura Kumara Dissanayake. Organized annually by the Chinese Fort Gem and Jewellery Traders Association (CGJTA), the exhibition will be open to the public from today until January 10. Following the…
The Computer Society of Sri Lanka (CSSL) 36th Annual General Meeting called with a resounding call to action from its President Dr. Ajantha Atukorale, who highlighted the critical role of technology and innovation in driving the nation’s digital transformation. AGM will be held at Shangri-La Colombo on 9th January 2025, will bring together Policy Makers,…
FUSION APPAREL (PVT) LTD The joint venture of Brandix signed an agreement with the BOI. The initial investment is worth U$ 1.06 Mn. This new project aims to provide a much-demanded, technology-driven manufacture of glue-bonded garments. Looking at today’s technical outerwear, performance wear, and intimate garments, it is easy to see the evolution—innovative performance, enhanced…
In today’s interconnected world, digital technology is reshaping the global economy at an unprecedented pace. Amongst its many transformations, the rise of digitally delivered services has emerged as a defining trend in the global trade. From financial technology solutions to cloud computing and e-learning platforms, these services are increasingly becoming indispensable. Embracing this sector could…
Fitch Ratings – Underwriting profitability for Sri Lankan non-life insurers will gradually improve as they enhance practices and shift focus to more profitable non-motor segments, Fitch Ratings says in a new report. This shift includes adjusting policy pricing, particularly for motor and medical insurance, to better cope with inflation and rising claim costs. Motor insurance…
He reiterated the government’s commitment to maximizing the benefits provided to citizens, even amidst the current challenges. President Anura Kumara Disanayake held an extensive discussion with officials from the Ministry of Finance yesterday (07) at the Presidential Secretariat. The meeting focused on issues related to vehicle imports, withholding tax, and the digitalization of VAT collection….
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has joined the United Nations Women’s Empowerment Principles (WEPs) as a signatory, reaffirming its dedication to advancing gender equality and fostering a diverse and inclusive workplace aligned with its Diversity, Equity, and Inclusion (DEI) principles. This milestone builds on Dialog’s ongoing efforts to create opportunities for women…
The Committee on Public Finance, met for the first time Monday (Jan. 06) under the Chairmanship of its Chair, Member of Parliament Hon. (Dr.) Harsha de Silva. In terms of the Standing Orders of Parliament, Member of Parliament Hon. (Dr.) Harsha de Silva, representing the opposition, was nominated as the Chair to the Committee on…
The Government of Sri Lanka has prioritized the implementation of the National Single Window initiative to enhance services for exporters and importers of raw materials essential to local industries. Deputy Minister of Finance, Dr. Harshana Suriyapperuma, announced during a recent progress review meeting that the Department of Imports and Exports Control began offering its services…
The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has approved the tariff plans for ‘Starlink’ satellite broadband services to be implemented through ‘Starlink’ Lanka (Private) Ltd. Accordingly, the TRCSL has granted approval for five ‘Starlink’ packages ranging from Rs. 9,200 per month to Rs. 1.8 million per month. The TRCSL-approved tariff plans are as follows;…
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