The National Building Research Organisation (NBRO) recently celebrated its 40th anniversary with the 13th Annual Research Symposium, held on February 29th, 2024, at the Galadari Hotel. With the theme “Building Resilience: 40 Years in Retrospect,” the symposium provided a platform for experts to discuss innovative solutions and strategies for disaster risk reduction. State Minister of…
The Sri Lanka Export Development Board (EDB) in collaboration with the Ministry of Industries and Department of Commerce organized a seminar on “Exploring Opportunities and Implications of the Sri Lanka-Thailand Free Trade Agreement” at the Auditorium of Postgraduate Institute of Management (PIM) on 29th February, 2024 for Sri Lankan exporters. The seminar aimed to raise…
Reuters – Rupert Murdoch, 92, got engaged to his girlfriend, Elena Zhukova, a spokesman said on Thursday, which would mark his fifth trip down the aisle. The wedding will be held in California, at Murdoch’s vineyard and estate, Moraga, a spokesman said. The impending nuptials come just months after Murdoch stepped down as chairman of Fox and…
Sri Lanka has recorded an over 16 percent increase in workers’ remittances while tourism earnings has increased by nearly 114 percent in February 2024 compared to the previous year, according to the latest data from the Central Bank of Sri Lanka (CBSL). Workers’ remittances reached USD 476.2 million in February 2024, showing a growth of…
Fitch Ratings – Global shipping companies’ short-term profitability will benefit from increased freight rates, which exceed the costs of re-routing following persistent attacks on commercial vessels in the Red Sea, Fitch Ratings says. We do not expect structural shifts in the shipping sector as a result of these disruptions. Nearly half of all cargo ships…
During the meeting between President Ranil Wickremesinghe and the IMF team at the Finance Ministry yesterday (07), Peter Breuer, the Senior Mission Chief for Sri Lanka, delivered encouraging remarks. Breuer emphasized that the IMF program is exhibiting promising signs of efficacy, translating into tangible outcomes. He commended the authorities for their unwavering commitment to the…
Reuters – China’s export and import growth in the January-February period beat forecasts, suggesting global trade is turning a corner in an encouraging signal for policymakers as they try to shore up a stuttering economic recovery. China’s improved export data joins those of South Korea and Germany, and Taiwan, who all saw their shipments top expectations over the first…
The International Monetary Fund (IMF) will commence its second review of the Extended Fund Facility (EFF) program for Sri Lanka today (March 07) with an opening meeting scheduled with President Ranil Wickremesinghe. Taking to his X handle (formerly Twitter), Finance State Minister Shehan Semasinghe said this marks a crucial milestone in the ongoing efforts by…
By Himani Vithanage ‘’Currently an assessment could be deployed in about 5 minutes, in class, student responses are instantaneous and so are the results (he doesn’t need to grade them separately). Traditional assessment usually takes 3-4 hours each’’ — an assistant teacher at a Composite School in India who has been using Class Saathi, an…
The Event Management Association (EMA), the only professional industry body in Sri Lanka for event management, with a membership of over 50, sheds light on the often unseen, yet crucial role that professional event managers play in creating and delivering successful events and fostering a thriving industry within the country and the region. They aim…
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