Launched to build a Digitally Capable Sri Lanka The Information and Communication Technology Agency (ICTA) announces the launch of ‘Lighting Digital’- a National Digital Capacity Building Drive, focusing on accelerating Digital Transformation in Sri Lanka through a holistic approach. A series of capacity-building initiatives have been formulated, across three key pillars, namely; Education Sector, Government…
Sri Lanka’s Joint Chambers have issued a statement on the impact of the foreign exchange crisis on the businesses in the country. Read the full statement below: We wish to draw the attention of the Government to the difficulties faced by our member companies and the broader private sector in obtaining foreign currency to finance…
Rubber based export sector becomes a one-billion-dollar Industry in 2021 Sri Lanka’s Export Performance in November 2021 Sri Lanka’s merchandise exports increased by 55.11% to US$ 1,215.6 Million in November 2021 compared to November 2020 as per the data released by the Sri Lanka Customs. Exports maintained above one billion dollars for the fifth consecutive…
The Board of Directors of the Colombo Stock Exchange (CSE), with the consultation of the Securities and Exchange Commission of Sri Lanka (SEC), has decided to extend the trading hours from Monday, 03rd January 2022 as set out below: Pre-open session – 10.00 a.m. to 10.30 a.m. Open Auction – at…
Following the pursuit to support Sri Lanka’s policy to move towards sustainable organic agriculture through enhanced private sector engagement, a virtual Business Forum was recently held on the theme of ‘Sourcing agricultural inputs from Germany to strengthen Sri Lanka’s path towards sustainable and organic agriculture. The Embassy of Sri Lanka in Germany together with the…
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100), increased to 11.1 per cent in November 2021 from 8.3 per cent in October 2021. Meanwhile, on an annual average basis, the NCPI increased to 6.2 per cent in November 2021 from 5.7 per cent in October 2021….
The shares of hSenid Business Solutions Limited (CODE: HBS-N-0000) commenced trading on the Colombo Stock Exchange (CSE) today. The shares have been listed on the Main Board of the CSE under the “Application Software” sector. The occasion was marked with a special Bell Ringing Ceremony held at the CSE. The Secretary to the Ministry of…
Travel+Leisure’s readership voted for their favourite wellness retreat in the world and have chosen Santani, Sri Lanka as the best in the world. Santani’s unique and scientific approach to wellness and ayurveda has made it stand out once again, with Travel + Leisure elaborating: “ Built with the belief that human beings heal and thrive…
Colombo International Container Terminals (CICT) is ending 2021 on a high note, celebrating its milestone 10th anniversary in Sri Lanka on 22nd December and reaching the milestone of 3 million teus within a year for the first time. The company said its throughput for the full year is expected to reach approximately 3.1 million teus…
The Initial Public Offering (IPO) of Kapruka, Sri Lanka’s Pioneering ecommerce platform with a global presence, will officially open at 9.00am tomorrow, 22nd December 2021. Applications are now open and the Prospectus can be downloaded from ipo.kapruka.com. The issue, managed by Acuity Partners, will see Kapruka Holdings Limited offer investors a 20% stake in the…
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