By Prof. Samitha Hettige In few days the year of the ‘Dragon’ will dawn in China. In China the Dragon (loong) culture has a history of approx 5500 to 7000 years. The emergences of these practices are connected to nature worship. Social productivity during this period had been low. Primitive religions had prevailed & people…
Written for International Day of Education on 24 January 2024. This blog explores how technological resources can help fill gaps in access and reduce inequalities in education in Sri Lanka. Despite the recent uptake of educational technology (edtech) in Sri Lanka, it does not cater to the needs of diverse groups of vulnerable children in…
In a pioneering move towards financial inclusivity, DFCC Bank is proud to unveil DFCC Freelancer – a comprehensive, tailored financial solution for freelancers. This groundbreaking solution is uniquely designed to cater specifically to the dynamic needs of the growing freelancer community, setting DFCC Bank apart as a leader in addressing the financial requirements of this…
Bloomberg – India’s stock market capitalization has overtaken Hong Kong’s for the first time as the South Asian nation’s growth prospects and policy reforms make it an investor darling while global capital pours out of China. The combined value of shares listed on Indian exchanges reached $4.33 trillion as of Monday’s close, versus $4.29 trillion…
The Central Bank of Sri Lanka (CBSL) has announced an expectation for a continued decrease in market lending interest rates in the upcoming period. This anticipation follows the ongoing adjustment of market interest rates in line with a relaxed monetary policy and administrative measures aimed at reducing overall lending rates, the CBSL said in its…
Ceylon Energy, a company with a proud history of excellence in power transmission projects, has been issued a Special Economic Zone (SEZ) Enterprise License by Kenyan President; His Excellency Dr. William Ruto to commence their operations at the Naivasha SEZ. The License was handed over to Ceylon Energy Group Chief Executive Officer (CEO) Mr. Madusanka…
Sri Lanka is charting a course towards a digital future. Last week, Herath hosted a productive meeting with Australia’s Digital Transformation Agency (DTA) to share insights and expertise. The meeting focused on the DTA’s successful strategies in driving digital transformation across Australia, and how Sri Lanka can adapt these models to its own context. Minister…
Hambantota International Port (HIP) in partnership with the Sri Lanka Coast Guard and the Sri Lanka Navy, conducted an oil spill drill last week, to enhance their emergency preparedness. “While all health and safety measures are in place to prevent accidents, we are also prepared for the unexpected. Therefore, drills of this nature are mandatory…
Capital Market regulator, the Securities and Exchange Commission of Sri Lanka (SEC) held meaningful discussions with the Chief Executive Officers (CEOs) of stock broker firms and other Market Intermediaries in separate stakeholder engagements in January 2024. The meetings were aimed at fostering collaborative efforts to fortify the regulatory framework and operational infrastructure of the securities…
Journalists Now Eligible for Exclusive Benefits. President Ranil Wickremesinghe has directed the Sri Lanka Telecommunications Regulatory Commission (TRC) to facilitate the return of the rewards package from Mobitel to government employees and pensioners, along with implementing additional concessions. Additionally, the President has mandated the commission to extend these benefits to all and instructed the TRC…
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