TikTok, the leading destination for short videos, has released its latest Community Guidelines Enforcement Report for the first quarter of 2023 (January-March 2023), furthering its dedication to combat misinformation and creating a safe and inclusive space. The report underscores TikTok’s ongoing commitment to earning trust through accountability and maintaining a safe and welcoming environment for…
UNESCO intangible global cultural heritage program recognizes ‘Mazu’ or ‘Matsu’ as the most influential goddess of the sea in China. The Chinese sea goddess is influential in countries & regions along the Maritime Silk Road. Before typhoons, sailors would claim to see the bright red robes of the goddess on the water signaling the arrival of the…
One in every three loans provided to small and medium enterprises (SMEs) in Sri Lanka by lending institutions in 2022 was by the Commercial Bank of Ceylon, recently released official government figures reveal. This emphatic reaffirmation of Commercial Bank’s status as the largest lender by far to the country’s SME sector comes in the 2022…
A CEO Forum organised by the CFA Society Sri Lanka (CFASSL) was held on Friday, 21 July 2023 at the Lotus Ballroom, Shangri-La, Colombo, with a focus on ‘Rebooting the Sri Lankan Economy – Post-Domestic Debt Optimisation’. The event was attended by regulators, senior government officials, business leaders, and CFA Charterholders. The forum was aimed…
The two countries recently noted that the decision to designate INR as currency for trade settlements between the two countries has forged stronger and mutually-beneficial commercial linkages The Hindu Business Line – Sri Lanka is considering the possibility of allowing the usage of the Indian rupee for local transactions just like the dollar, euro, and yen to…
Maximum Fuel Retail Price (MRP) to be stipulated. Decision on QR code pending. The first fuel shipment of China’s Sinopec, which signed a contract to enter the Sri Lankan fuel market, will arrive in the country early next month, State Minister of Power and Energy D. V. Chanaka stated. Meanwhile, steps will be taken to…
No country can progress alone. The aim is to strengthen Indo-Sri Lankan relations in a non-threatening manner and in a way that benefits both parties – Minister of Foreign Affairs, Mr. Ali Sabri. Minister of Foreign Affairs Ali Sabri said that President Ranil Wickremesinghe’s desire is to make the most of the development opportunities in…
Prime Minister of India Shri Narendra Modi and the President of Sri Lanka H.E. Ranil Wickremesinghe had productive and outcome-oriented discussions during their interactions in New Delhi on 21st July 2023. The leaders acknowledged that the India-Sri Lanka partnership has been a source of strength in overcoming economic difficulties faced by Sri Lanka and the…
A pivotal moment in India-Sri Lanka relations. Congratulates PM Modi on the great strides India continues to make under his leadership. Focus on strengthening Air, Maritime, Energy, Power, Trade, Economic, Financial & People-to-people connectivity between the two countries. President Ranil Wickremesinghe, on his maiden official visit to India after assuming Presidency, conveyed a resolute commitment…
NEW DELHI, July 21 (Reuters) – India and Sri Lanka will conduct feasibility studies on petroleum line, land bridge connectivity between the countries, Indian Prime Minister Narendra Modi said on Friday, after holding talks with the Sri Lankan president in New Delhi. India’s support was critical for Sri Lanka last year after it almost ran…
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