Palali International Airport operations have demonstrated notable success – Minister Nimal Siripala De Silva. In a significant development, Sri Lanka’s aviation sector has reported a substantial profit of Rs. 22 billion in the period spanning from January to August 2023, said Minister of Port, Shipping and Aviation Mr. Nimal Siripala de Silva, during a news…
The Sri Lanka firms of the PwC network have announced their decision to exit the network. The firms intend to join the Deloitte network, with effect from 28 October 2023. Further, it has been mutually agreed that PwC Sri Lanka will leave the PwC network as of 27 October 2023. The PwC network and the…
The Centre for Child Rights and Business in Sri Lanka is brewing a transformation in the tea industry as it prepares to host its annual “Co-Creating a Family-Friendly Tea Industry” conference on October 17, 2023, under the theme ‘Dignity’, in the capital of Colombo. Supported by Save the Children’s Country Office in Sri Lanka and…
President Ranil Wickremesinghe has initiated the appointment of a board of directors for the Sri Lanka Personal Data Protection Authority, established with the primary objective of safeguarding personal data within the nation. In a significant milestone for data protection in South Asia, Sri Lanka’s Personal Data Protection Act No. 9 of 2022 (‘PDPA’) has been…
Reuters – Several international air carriers have suspended or reined in flight services to or from Tel Aviv after a surprise attack by Hamas militants on Israel, saying they were waiting for safety conditions to improve. Fighters from the Islamist group killed 700 Israelis and abducted dozens in Saturday’s attacks, the deadliest such incursion in decades, prompting Israel…
The Colombo Bourse continued its downward trend for the third consecutive day, with the All Share Price Index (ASPI) falling by 162.88 points or 1.48% today (09) to close at 10,824.24 points. This marks the first time the ASPI has dropped below the 11,000 points mark since July 26, 2023, nearly three months ago. The…
Ravana’s aircraft (Dandu-Monara) & how the monkey force grounded it during the Seetha Devi conflict is legend. If it was real, once the machine was destroyed, Ravana would have regretted conflicting for the Indian girl than settling for local talent. May be he wouldn’t have if the aircraft was state property & not his own….
The recently concluded Port City Colombo UAE Road Show unveiled the potential of PCC for all to see, drawing the attention of numerous global investors and dignitaries to the immense investment and business opportunities that this visionary project presents. The event served as an exceptional platform for fruitful discussions and an opportunity to showcase the…
Reuters – Oil prices were up more than $3 a barrel in Asian trade on Monday as military clashes between Israel and the Palestinian Islamist group Hamas deepened political uncertainty across the Middle East and raised concerns about supplies. Brent crude rose $3.10, or 3.67%, to $87.68 a barrel by 0400 GMT, while U.S. West…
“Financial literacy is an essential building block for financial inclusion. It is the key that unlocks financial independence and economic well-being. It enables people to make informed investment decisions, detect and protect themselves from frauds and scams, and gives them the trust and confidence they need to participate actively in the capital markets.” -SEC Chairman…
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