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Sri Lanka’s economy shrinks 11.5% in Q1

Reuters – Sri Lanka’s economy (LKGDP=ECI) shrank 11.5% in the first three months of 2023 from the previous year, government data showed on Thursday. The country is experiencing its worst financial crisis in decades. The state-run Census and Statistics Department said the agriculture sector showed growth of 0.8%, while industries contracted 23.4%, and services dropped 5%. Sri…

(0)Comments | June 15, 2023 5:00 pm

Over 50 Sri Lankan Companies Experience Business Benefits by Promoting Diversity and Inclusion in the Workplace

Two partnerships by the International Finance Corporation (IFC) has led to over 50 private sector companies in Sri Lanka advancing gender equality as well as working towards the economic inclusion of persons with disabilities and sexual orientation and gender identity minorities. As part of the ‘Together We Can (TWC)’ partnership, 44 companies with over 30,000…

(0)Comments | June 15, 2023 3:41 pm

Americares Delivers Over $3 Million in Urgently Needed Aid to Sri Lanka

Consequent to an official request of the Embassy of Sri Lanka in Washington D.C., and under the guidance of Ambassador Mahinda Samarasinghe, Americares, the health-focused relief and development organization, has generously donated more than $3 million worth (i.e., over LKR 1,022 billion), of critically needed medicines and medical supplies items for the people of Sri Lanka….

(0)Comments | June 15, 2023 1:20 pm

Sri Lanka Promotes Business Opportunities in Niigata Prefecture in Japan

The Embassy of Sri Lanka in Tokyo, in collaboration with Samurai Lanka Co., Ltd., a Sri Lankan-owned enterprise in Niigata, and the Niigata Chamber of Commerce and Industry (NCCI), organized a Sri Lanka Business Promotion Seminar at Niigata City Tenjuen Hall on June 8, 2023, with the objective of educating Japanese enterprises in Niigata prefecture about…

(0)Comments | June 15, 2023 1:19 pm

Clarification on current debate centred around the pricing of pharmaceuticals by SLCPI

The Sri Lanka Chamber of Pharmaceutical Industry (SLCPI) would like to provide the following clarifications to the general public on the ongoing debate and public discussion regarding the pricing of pharmaceuticals. There have been various misleading claims and misrepresentations made by various parties through both mainstream and social media on this subject. While some of…

(0)Comments | June 15, 2023 12:53 pm

Human resource is the primary catalyst for propelling the country towards progress

During the first discussion of the expert committee appointed to support the ministerial committee for the national education policy framework, President Ranil Wickremesinghe emphasized the crucial role of human resources in the development of any country. Drawing inspiration from the progress achieved by developed nations, the President stressed the importance of establishing a robust education…

(0)Comments | June 15, 2023 12:48 pm

Global Leaders Convene in Paris for Summit on New Global Financing Pact

President Emmanuel Macron of the French Republic has invited world leaders, including President Ranil Wickremesinghe, to participate in the highly anticipated Global Leaders’ Summit for a New Global Financing Pact. The event, scheduled to take place in Paris on 22 and 23 June, aims to address the pressing challenges faced by the world today. The…

(0)Comments | June 15, 2023 7:34 am

A single flower doesn’t make spring: lessons from China to build a modern civilization by 2048

By Prof. Samitha Hettige The Sri Lankan civilisation has approx 26 centuries of written records. Some others go beyond to Ravana’s aeronautics. It wasn’t a smooth sail but SL gained energy & colour with contributions from Indian, Chinese, Persian, Arab & the western civilisations since colonisation in 1505. Those inputs made new traditions which will…

(0)Comments | June 14, 2023 4:05 pm

Cricket Icon Wasim Akram On SriLankan Airlines

Pakistan cricket icon, Wasim Akram, travelled on SriLankan Airlines’ flight UL 184 from Karachi to Colombo, yesterday (13 June 2023), and was even happy to pose for photos with the staff. SriLankan Airlines delighted in ensuring that the three-plus hour journey was just right, and that Wasim Akram was bowled over by his SriLankan experience.

(0)Comments | June 14, 2023 4:01 pm

Anantaya Resorts & Spas Chilaw and Passikudah Recognized by TripAdvisor for Traveler’s Choice Award 2023

Anantaya Resorts & Spas Chilaw and Passikudah proudly announce their recent recognition by TripAdvisor as recipients of the prestigious Traveler’s Choice Award for 2023 marking the 4th year of receiving this award. This esteemed accolade reflects the exceptional hospitality, outstanding service, and unforgettable experiences offered by these remarkable resorts. Tripadvisor recognises the best tourism establishments…

(0)Comments | June 14, 2023 2:44 pm

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