President Highlights Middle-Income Country Challenges. In a significant address at the High-level Dialogue on Financing for Development – General Assembly, 78th session, President Ranil Wickremesinghe emphasized the critical issues facing middle-income countries in times of financial distress. He drew attention to the challenges these countries face due to the lack of a common framework…
The Chairman of the Federation of Information Technology Sri Lanka (FITIS), Mr. Indika De Soysa, has projected a substantial boost of 15 billion US dollars to Sri Lanka’s gross domestic product (GDP) through the expansion of the digital economy, by the year 2030. Presently, the digital economy contributes 3.7 billion US dollars to the GDP….
Amid Pandemic Fallout and Resource Scarcity, President Questions Feasibility of Achieving SDG’s. Addressing the SDG Summit 2023, President Ranil Wickremesinghe delivered a stark assessment of the global progress towards achieving the Sustainable Development Goals. He emphasized that the current state of SDG advancement is globally unsatisfactory, with only 12% of the targets on track while…
Minister of Foreign Affairs Ali Sabry participated in the Global Development Initiative (GDI) Cooperation Outcomes high-level meeting on 19 September 2023 in New York on the sidelines of the 78th session of the United Nations General Assembly. The meeting themed “DGI for SDGs: Action and Progress” was chaired by the Vice President of China Han Zheng. The Minister…
Port City Colombo is set to launch a Roadshow in the UAE showcasing investment opportunities and incentives for global investors. This significant event marks the initiation of a key global marketing drive, inviting investors from across the world to explore the diverse investment prospects available at PCC. Former UK Prime Minister David Cameron will address…
Dialog Axiata PLC, the first telecommunications service provider in the South Asian region to demonstrate 5G capabilities in 2018, has once again achieved a 5G milestone in the country by becoming the first to extend 5G connectivity to Apple iPhone users through its 5G Trial Network. Users with Apple iPhone models 12 and above and…
The SEC Chairman, Mr. Faizal Salieh, along with top officials from the SEC and the CSE, recently held a productive engagement with the stockbroker community to discuss vital matters concerning the industry. The meeting which brought together owners and Chief Executive Officers of stockbroker firms was aimed at enhancing regulatory compliance, promoting healthy market practices and ensuring industry…
President Ranil Wickremesinghe met with Sir Nick Clegg, President of Global Affairs for Meta, in New York on the side-lines of the United Nations General Assembly (UNGA). During their discussions, President Wickremesinghe highlighted the government’s new initiatives to combat online hate speech and the spread of fake news. He emphasized that the proposed bill would…
President Ranil Wickremesinghe met USAID Administrator, Samantha Power, on the side-lines of the UNGA in New York. During the discussions the President expressed his appreciation for the support extended by USAID to Sri Lanka during the financial crisis. The President presented a short briefing on the progress with the IMF program, while highlighting the Government’s…
In a significant diplomatic meeting, President Ranil Wickremesinghe held a fruitful meeting with the Prime Minister of Bangladesh, H.E. Sheikh Hasina, in New York yesterday (19). The meeting cantered on various aspects of bilateral relations and cooperation between the two South Asian nations. Prime Minister Sheikh Hasina informed President Wickremesinghe that she was pleased with…
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