The building which previously housed the Royal Thai Embassy in Colombo, located in the vicinity of the Colombo Town Hall, has been transformed by the Royal Thai Embassy into a multifunctional cultural center called “siam nivasa”. Siam Nivasa – or in Thai Language ‘Siam Nivas’ means the home of Thai people: Nivas – is Sanskrit-root…
The Petroleum Products (Special Provisions) Amendment Bill was approved at the Ministerial Consultative Committee on Power and Energy with amendments in accordance with the decisions given by the Supreme Court. The approval for this was granted when the Ministerial Consultative Committee on Power and Energy met in Parliament yesterday (04) under the chairmanship of the…
The High Commission of Sri Lanka in Bangladesh in collaboration with the Sri Lankan Airlines participated in the 9th Asian Tourism Fair (ATF) held on 29 -30 September, and 01 October 2022 at the International Convention City, Bashundhara, in Dhaka. The Fair was organized with the joint collaboration of the Bangladesh Parjatan Corporation (BPC), Bangladesh Tourism Board…
Representing yet another key stride taken to ensure that Sri Lanka will be able to reap the benefits of a digital tomorrow, LANKAQR, a project initiative from the Central Bank of Sri Lanka (CBSL), recently launched its inaugural webinar series to educate the public on how LANKAQR intends to transform Sri Lanka into a less-cash…
Reuters – Sri Lanka’s central bank is likely to maintain interest rates on Thursday in an effort to get a grip on inflation which has remained stubbornly high despite a sharp contraction in the crisis-hit economy. Nine out of 14 economists and analysts polled by Reuters said they expect rates to remain unchanged as the…
Uber and Uber Eats produced LKR 52 billion in consumer surplus* Increased flexibility provided to driver- and delivery-partners worth an estimated LKR 1.2 billion 91% of the riders use Uber for convenience, and help save 3.7 million hours a year 96% of female riders say safety is an important factor in choosing to use Uber…
The government’s initiative to revive the economy of the country is appreciated by the World Bank. Mr. Faris Hadad Zervos, the country director for Sri Lanka, Maldives and Nepal, of the World Bank, states that the government is demonstrating its commitment by taking various measures to restore the collapsed economy, and encouraged them to continue…
Huawei launched its latest solutions for customs and ports at HUAWEI CONNECT 2022, held in Bangkok during recently. This marks the company’s latest tactical move to help the digital transformation of ports and customs after it established its Customs and Port Team last October. The debut of the Customs and Port Team in Asia Pacific…
India’s new web portal unifies ministries for easier approvals South Asia nation is known for delayed infrastructure projects Bloomberg – In India, half of all infrastructure projects are delayed, and one in four run over their estimated budget. Prime Minister Narendra Modi believes technology is the solution to these perennial and notorious bottlenecks. Under a…
The promotion of business cooperation between the Nordics and Sri Lanka remains an important and relevant priority, Ambassador of Norway to Sri Lanka Her Excellency Trine Jøranli Eskedal emphasised, at the recent Annual General Meeting of the Sri Lanka NORDIC Business Council (SLNBC) of the Ceylon Chamber of Commerce. Strategic partnerships and investments in areas…
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