The private sector’s role in driving growth in an economic reset of Sri Lanka will be under the spotlight at the third session of the Sri Lanka Economic Summit 2022 organised by the Ceylon Chamber of Commerce on December 6, which will explore the environment required for the private sector to drive growth, under the…
SLIM Brand Excellence Awards has announced its 2022 jury line up comprising of leading marketing strategists and research experts led by the Head of Jury, Mr. Imal Fonseka- Co-founder, Food Revolution/Taurus Naturals. The rest of the jury comprises of Nushad Perera – Managing Director, Ten Holdings, Sri Lanka & Malaysia; Dr. Ravi Bamunusinghe – Founder…
The nation’s fastest growing telco, Airtel Sri Lanka, announced another landmark agreement with the Board of Investment of Sri Lanka (BOI) that will channel foreign currency investments towards the development of national telecommunications infrastructure, with emphasis on expansion and optimization of networks and IT systems. Accordingly, over the next two years, Airtel will be channeling…
By J.D.K.Ruwandika The 7th Interdisciplinary Conference of Management Researches (ICMR 2022), organized by the Faculty of Management Studies (FMS), Sabaragamuwa University of Sri Lanka (SUSL), was ceremoniously concluded on 16th & 17th November 2022. Mr. Seneviratne, the Group Chief Executive of Sri Lanka Telecom PLC, was one of the invited eminent keynote speakers of the…
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 23 November 2022, decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 14.50 per cent and 15.50 per cent, respectively, after considering the recent…
Huawei has signed a global commitment to join the International Telecommunication Union’s Partner2Connect digital alliance, which will bring connectivity to about 120 million people in remote areas in more than 80 countries by 2025. Liang Hua, Chairman of Huawei, announced the decision at the company’s 2022 Sustainability Forum, Connectivity+: Innovate for Impact. The forum explored…
The SriLankan Airlines’ Global Sales Conference came to a successful conclusion having showcased the country’s readiness for tourism to over 150 of the world’s premier travel agents and tour operators during a four-day programme. The conference drew the largest contingent from the international travel trade to Sri Lanka in recent history. The assemblage experienced Sri…
Bloomberg – Sri Lankan dollar bonds advanced to a two-month high as the fiscal reforms announced in this month’s budget spurred hopes of securing an International Monetary Fund bailout. The 7.55% 2030 dollar bond was indicated up about 0.7 cents to 27.9 cents on the dollar on Wednesday, the highest since mid-September. The budget for…
The National Council sub-committee on identifying short- and medium-term programs related to economic stabilization took into discussion regarding the creation of passenger convenience by bringing all the transport services in this country including trains, buses, school vans and taxi services to one digital level. Discussions on the matter was held at the National Council sub-committee…
Nestlé Lanka reaffirms its commitment towards Sri Lanka by investing over Rs. 2 billion in its state-of-the-art factory in Kurunegala by building a new Vacuum Band Dryer. Aimed at expanding the capacity of its manufacturing facility for malted food, this investment further strengthens the company’s efforts of positively impacting Sri Lanka and its people. Having…
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