Designed by Indian-origin founders, for India, Ask QX is the world’s first hybrid Generative AI platform, and globally the first to have a node-based architecture Fully-functional, multi-lingual Indian Generative AI web platform and app that is available for download at launch With 8 million users at launch, the web platform and app are available in…
Industry veteran Saifudeen Jafferjee elected Chairman of JAAF at 20th AGM Executive Committee unanimously re-elected Industry veteran Saifudeen Jafferjee was elected Chairman of the Joint Apparel Association Forum (JAAF), which is the apex body that guides Sri Lanka apparel towards its ultimate goal of being the world’s number one apparel sourcing destination. At the 20th…
As part of their international growth strategy, MTI Consulting is looking to invest in tech start-ups that can augment their core strategy consulting practice. “We are looking to partially acquire / invest in start-ups that are strategically linked our core i.e. Strategy Consulting, in areas as such Research, Analytics, Content Generation, Data Visualization, Project Management…
Sri Lanka Tourism officials in Collaboration with the Airport & Aviation officials gave an arousing welcome to the inaugural flight of Cathay Pacific Airways, CX 611 on the 1st of February, 2024, at the Bandaranaike International Airport. The Passengers and the crew were welcomed by Tourism Information Centre officials of the SLTPB and also Mr…
Industry associations, academics and writers express alarm over long-term consequences of making books more expensive for the masses The latest salvo against the government’s imposition of value-added tax (VAT) on hitherto exempted sectors came today from Sri Lanka’s book industry, which has called for an immediate reversal of the decision to tax the sale of…
The Government of Sri Lanka has made arrangements to borrow USD 150 million from the International Development Association (IDA) of the World Bank Group to finance the implementation of Financial Sector Safety Net Strengthening Project. The Financial Sector Safety Net Strengthening Project will contribute to strengthen Sri Lanka’s financial sector safety net with the focus…
By Prof. Samitha Hettige The British allowed Sri Lanka (SL) to be independent in 1948 but SL depended on; British, Dutch, Portuguese & Indians from time to time prior to that. Unlike Nepal, Bhutan & Bangladesh etc. which depends on India more often in the absence of the British, SL depended on India for conflict…
Han Moon Chul , a popular YouTube sensation with 1.78 million subscribers and a Broadcaster in Korea , visited Sri Lanka on the 27th of January 2024 , and received a warm welcome from the Sri Lanka Tourism Promotion Bureau , where he had a high level meeting with the top management of the Sri…
The captioned units of the CAL Five Year Optimum Fund were officially listed on the Colombo Stock Exchange (CSE) on 1st February 2024. Accordingly, 193,904,428 units of the fund were listed by way of an Introduction. This is the first unit listing in over a decade, warranting the occasion to be marked with a special…
Teejay Lanka PLC has maintained its positive trajectory in the third quarter of 2023-24, recording noteworthy pre- and post-tax profit growth for the three months ending 31st December 2023 and reversing the losses of the corresponding quarter of the previous year. Sri Lanka’s first multinational textile manufacturer has reported profit before tax of Rs 677.7…
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