Chandi Dharmaratne, a globally renowned Human resource professional, was appointed as the Chief People Officer of Axiata Digital Labs for its operations in Sri Lanka, Malaysia and Indonesia. Chandi is a HR professional who specialises in transforming organizations through integrating HR into its core business and using technology to deliver best practices in order to…
Collaborates with IFC to develop comprehensive business eco system- ‘Commercial Bank LEAP’ Introduces ‘Trade Club’ to provide full spectrum of services to importers and exporters The Commercial Bank of Ceylon has significantly expanded trade opportunities for its business clients through the launch of two new platforms, one in collaboration with the International Finance Corporation (IFC)…
The Dutch companies are eager to explore investment opportunities in renewable energy, eco-labeling and sustainable agriculture, if Sri Lanka can showcase a corruption free business environment, Her Excellency Bonnie Horbach, Ambassador to the Kingdom of the Netherlands in Sri Lanka stated at a meeting with the leadership of the Ceylon Chamber of Commerce, during Her…
The Sri Lanka Association for Software Services Companies (SLASSCOM) has implemented a range of developmental and educational initiatives to promote the growth of Sri Lanka’s IT/BPM industry and establish a $5 billion export-based ecosystem. One such initiative involves partnering with universities across the country to promote career opportunities in the IT&BPM industry for graduates, enhance…
Huawei released its 2022 Annual Report today. The company reports steady operations throughout 2022, having generated CNY642.3 billion in revenue and CNY35.6 billion in net profits. Huawei continues to strengthen investment in R&D, with an annual expenditure of CNY161.5 billion in 2022, representing 25.1% of the company’s annual revenue and bringing its total R&D expenditure…
(BBC) – The New York Times has lost its blue tick on Twitter after it said it would not pay to remain verified. Twitter has started removing verification badges from accounts which already had a blue tick, after announcing they would be part of a paid subscription from 1 April. The New York Times, along…
(Reuters) – Burger chain McDonald’s Corp is temporarily closing its U.S. offices this week as it prepares to inform corporate employees about its layoffs as part of a broader company restructuring, the Wall Street Journal reported on Sunday. In an internal email last week to U.S. employees and some international staff, McDonald’s asked them to…
(BBC) – Italy has become the first Western country to block advanced chatbot ChatGPT. The Italian data-protection authority said there were privacy concerns relating to the model, which was created by US start-up OpenAI and is backed by Microsoft. The regulator said it would ban and investigate OpenAI “with immediate effect”. OpenAI told the BBC…
By Prof Samitha Hettige Great China had so many natural resources. Thus the colonial powers didn’t want to let go China. If an opportunity is given again, USA would be the first to go & set camp. President of Ghana indirectly said that recently to the face of Vice President Harris during her visit to…
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) decreased to 50.3% in March 2023 from 50.6% in February 2023. The decline in the headline inflation is broadly in line with the disinflation path envisaged by the Central Bank of Sri Lanka (CBSL) in 2023. The Food…
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