The construction sector’s problems will be addressed gradually as the country’s financial situation improves, said Mr. Sagala Ratnayake, the Chief of Presidential Staff and Senior Adviser on National Security to the President. Mr. Sagala Ratnayake made this statement during the meeting of the working committee on interest rates and bank recovery measures to uplift the…
The State-owned Enterprise Restructuring Unit (SRU) of the Ministry of Finance, Economic Stabilization and National Policies (MoF), will place advertisements in the local and international press and via LinkedIn on Thursday 30th of March, calling for Expressions of Interest (EOI) from consultancy firms interested in providing sell-side transaction advisory services with respect to the divestiture…
The Sri Lanka Veterinary Association (SLVA) emphasizes the strict adherence to protocols for imported eggs and commends the Department of Animal Production and Health (DAPH) for their efforts to safeguard the health of citizens, before releasing the imported eggs from India to the local market. As previously reported, the SLVA expressed concerns over the recent…
A highly skilled, well-educated workforce who are valued members of the CISI global family were some of the comments made by Chartered Institute for Securities & Investment (CISI) CEO Tracy Vegro on her recent visit to Colombo, Sri Lanka meeting CISI staff, members, stakeholders and partners. The global professional financial services membership body CISI, a…
SLASSCOM, the national chamber for the IT/BPM industry in Sri Lanka has released their much-awaited Compensation & Benefits Report for 2022. Developed in collaboration with SLASSCOM’s HR Forum and PwC Sri Lanka, it covers several critical aspects. These include the necessary skills for entry-level positions in the industry, as well as the requirements for experienced…
Business Sentiment – Confidence Barometer Nudges Up “In light of rising debt vulnerabilities in many countries, I strongly endorse efforts to strengthen the debt architecture, and improve the speed and effectiveness of debt resolution,” the IMF’s Managing Director Kristalina Georgieva said, in a statement at the G20 foreign ministers’ meeting in New Delhi in early March….
To avoid losing benefits, applicants must provide accurate information by March 31 The program initiated on the instructions of President Ranil Wickremesinghe to identify those eligible for welfare benefit payments has completed the information verification for over 2.2 million applications received during the on-going survey and verification process. Mr. Saman Ekanayake, the Secretary to the…
– Senior Advisor to the President on Climate Change Ruwan Wijewardene It is the vision of President to take Sri Lanka out of the crisis in a green space -Advisor to the President on Climate Change Erik Solheim Sri Lanka is to mobilize green energy investments in the energy sector and invites local and foreign…
Fitch Ratings has placed Sri Lanka Telecom PLC’s (SLT) National Long-Term Rating of ‘A(lka)’ on Rating Watch Positive (RWP). The RWP reflects the potential rating upside due to weakening linkages with SLT’s parent, the government of Sri Lanka (Long-Term Local-Currency Issuer Default Rating: CC), due to the government’s plan to sell its 49.5% stake in…
This innovative solution developed with technical Assistance from Dialog Moratuwa University Research Lab aims to enhance Rubber Drying Process Dialog Enterprise, the corporate ICT solution arm of Dialog Axiata PLC., in collaboration with the Rubber Research Institute of Sri Lanka & Dialog University of Moratuwa Research Laboratory, has devised an IoT-led implementation to assist local…
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