It has been decided to hold the “NAWA IM THARANAYA” (A new frontier), the first International Mining and Minerals Conference, Investment Forum and Exhibition at the Bandaranaike Memorial International Conference Hall with the aim of providing a platform to all current and future stakeholders involved in the mineral industry of Sri Lanka. It is expected…
The opening of the Sri Lanka Tourism pavilion at ATM took place at the Sri Lanka Stand with the participation of H.E Udaya Indrarathanathe, Ambassador for Sri Lanka in the UAE, Ms. K.P.P Siriwardana, Managing Director SLTPB along with the officials of Sri Lanka Tourism, Sri Lanka Embassy in Abu Dhabi, Consulate General in Dubai and the travel industry representatives. This…
Fitch Ratings: APAC insurers’ underwriting fundamentals are likely to remain steady despite short-term volatility in investment markets caused by higher interest rates, Fitch Ratings says. At the same time, headwinds from Covid-19 and related measures are easing. APAC insurers’ capital and profitability metrics were affected by adverse market movements caused by the recent increase in…
President Ranil Wickremasinghe applauded the innovative ICT solutions showcased by winning students of YCS-2022 national competition during the recently concluded Skill Expo 2023. In a remarkable display of commitment to education and technological advancement, Federation of Information Technology Industry Sri Lanka (FITIS) recently brought its groundbreaking YCS-2023 program to a wider audience of school children….
In a significant move to address Sri Lanka’s fuel supply challenges, a contract agreement was signed with Sinopec, a leading international petroleum company. The agreement, signed today (22), marks a crucial step in ensuring a steady and uninterrupted fuel supply for the nation. The signing ceremony took place at the Presidential Secretariat, with representatives from…
The 10th annual CFA Society Sri Lanka Capital Market Awards mark yet another significant chapter in the history of CFA Society Sri Lanka, with the signature event – which recognises and rewards professionals who have established industry benchmarks for the advancement of domestic capital market participants – scheduled to be held in June this year….
The National Consumer Price Index (NCPI) with an index reference period 2013=100 was updated to a new index reference period of 2021= 100 from January 2023. Issuing the NCPI, for the month of April 2023, the Director General of Census and Statistics said that headline inflation as measured by the Year-on-Year change (The percentage change…
Bloomberg – Sri Lanka is mulling measures to lure back Chinese tourists in a bid to alleviate an unprecedented debt crisis, its tourism minister said, as the South Asian nation tries to stabilize the economy. The country is targeting half a million Chinese tourists in 2024, nearly double its pre-Covid visitor levels, Tourism Minister Harin…
The Hirdaramani Group wishes to clarify recent social media reports regarding the closure of its leased facility, MRC Associates Garment (Pvt) Ltd, located in Meepe. The Group has made the decision to close the facility, offering employees the opportunity to relocate to its other factories across the island. This decision is primarily driven by the…
Powered by Microsoft Technology, DP Education aims to upskill and create a million young coders and reduce national unemployment Microsoft Sri Lanka and DP Education, the education arm of the Dhammika and Priscilla Perera Foundation, a not-for-profit organization, signed a Memorandum of Understanding (MoU) recently to empower the nation’s youth in digital literacy, knowledge to…
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