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Save the Children, alongside the USDA and Government of Sri Lanka continue to enhance literacy and nutrition for children in Sri Lanka

Save the Children is pleased to officially launch the second phase of its flagship ‘Food for Education and Children Nutrition Programme’ (known as the PALAM/A project) supported by the United States Department of Agriculture (USDA). Since 2021, the child rights organisation has been working with the Government of Sri Lanka (GoSL) to support and complement…

(0)Comments | February 14, 2024 9:27 am

Strong sector performances propel Sunshine Holdings’ earnings by 44.2% to Rs. 5.5 bn

Consolidated revenue of Rs.42.4 billion, up 9.9% Healthcare revenue up 19.3% YoY to Rs.21 billion Diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) has recorded a consolidated revenue of Rs.42.4 billion during the first nine months of the current financial year (9MFY24). Amidst the backdrop of a moderately stable macroeconomic conditions, the Group has…

(0)Comments | February 14, 2024 9:16 am

Sri Lanka Data Protection Authority Moves towards Finalizing Regulations to Safeguard Citizens’ Rights in Personal Data Handling

Sri Lanka Data Protection Authority’s Chairman, Arjuna Herath, has announced the imminent finalization of rules and regulations crucial for overseeing the protection of citizen rights within both public and private sector entities involved in personal data processing. This initiative, emphasized in the preamble of the Personal Data Protection Act, aims to not only ensure compliance…

(0)Comments | February 14, 2024 6:40 am

Government of Japan commits to Promoting Economic Governance through Anti-corruption Policy Support in Sri Lanka

Initiative launched towards creating an enabling environment for investment and economic growth  H. E. Mr. MIZUKOSHI Hideaki, Ambassador of Japan to Sri Lanka and Ms. Azusa Kubota, Resident Representative, United Nations Development Programme (UNDP) Sri Lanka, marked the launch of the new project titled ‘The Project for Promoting Economic Governance through Anti-corruption Policy Support’ through an…

(0)Comments | February 13, 2024 5:27 pm

Pilot project underway to introduce AI courses to education system

The Cabinet of Ministers has granted approval to implement a pilot project to introduce courses on Artificial Intelligence (AI) to the school curriculum starting from Grade 08, the Department of Government Information (DGI) said. Earlier, on 02 October 2023, the Cabinet of Ministers decided that it is appropriate to introduce courses related to the AI…

(0)Comments | February 13, 2024 2:54 pm

COYLE’s Diplomats Evening 2024 Marks Strategic Steps for Sri Lanka’s Economy

COYLE, successfully hosted the annual Diplomats’ Evening on February 5th at Hilton Blue Colombo, marking another milestone in furthering global marketplaces for Sri Lanka’s economic resurgence. With a commitment to fostering equitable growth, this exclusive event aimed to fortify the local employee base through foreign investments obtained via diplomatic relations. The event, enforced COYLE’s annual…

(0)Comments | February 13, 2024 12:47 pm

Bitcoin hits $50k level for first time in more than two years

Reuters – Bitcoin hit the $50,000 level for the first time in more than two years as the world’s largest cryptocurrency was buoyed by expectations of interest rate cuts later this year and last month’s regulatory nod for U.S. exchange-traded funds designed to track its price. The cryptocurrency has risen 16.3% so far this year,…

(0)Comments | February 13, 2024 11:24 am

The utilization of digital payment systems offers numerous benefits for small and medium enterprises

Acquire Your Business’s QR Code Easily through Your Financial Institution and Trade Agreement – Mr. Wasantha Alwis, Director (Payments and Settlements) of the Central Bank. A press conference was held this afternoon (12) at the President’s Media Center to announce a significant development aimed at making payments easier for Indian tourists in Sri Lanka. The…

(0)Comments | February 13, 2024 8:49 am

President’s Economic Strategy the Sole Path Forward – Bandula Gunawardane

Minister of Highways, Transport, and Mass Media Dr. Bandula Gunawardena, said if anyone has any alternative suggestions beyond the program initiated by President Ranil Wickremesinghe, he is ready to explore such alternative avenues for Sri Lanka’s economic development. He emphasized the need for informed dialogue across various media platforms. Addressing concerns over misinformation regarding public…

(0)Comments | February 13, 2024 8:45 am

SriLankan flight forced to return back to Melbourne Airport

SriLankan Airlines confirms that flight UL 605 from Melbourne to Colombo made a safe return back to the Melbourne Airport shortly after taking off at 18:16hrs (Melbourne time) today due to a technical issue. All passengers onboard disembarked safely. A team of engineers is currently assessing the aircraft and providing technical support. All passengers have…

(0)Comments | February 12, 2024 6:13 pm

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