Sri Lanka Satisfaction has declined. Verité Research releases the results of the “Mood of the Nation” poll for February 2023 Another round of the Gallup Style “Mood of the Nation” poll was conducted in early February 2023 by Verité Research. It assessed the approval, satisfaction, and confidence of the nation in relation to the government,…
President Trump in 2017 offered an alternative to China’s Belt and Road (BRI) & invited others to create the QUAD. By 2018 the Indo Pacific region was the topic on the tables in the US. Then France was shown the door but the submarines. In 2020 COVID – 19 affected all. While Trump called it…
Backed by its solid capital base and prudent risk fundamentals, Sampath Bank continued to prove its ability to navigate itself prudently during this unprecedented economic crisis. The combined impact of the recurring foreign exchange shortages coupled with the steep LKR depreciation resulted in a shortage of essential food, medication, fuel and gas. This, together with…
Sri Lanka Telecom Group (SLT Group), the National ICT Solutions Provider, posted impressive overall growth with annual revenue surpassing Rs 100 Bn once again, recording Rs 108 Bn for the financial year 2022. This resulted in the Group recording a revenue increase of 5.2% for the financial year 2022, strengthened by a healthy bottom line…
Reuters – U.S.-based investment firm BlackRock said on Friday it would join a new sovereign debt roundtable set up to accelerate progress on stalled relief efforts for distressed countries, with Britain’s Standard Chartered also joining, according to sources. The Global Sovereign Debt Roundtable, chaired by the International Monetary Fund, the World Bank and India – this…
(Reuters) – The International Monetary Fund (IMF) is considering approving a loan for Sri Lanka, even without China’s assurance of debt-restructuring support, Bloomberg News reported on Friday. Under a rarely used policy, the global lender may consider approving the island nation’s loan, as the only prerequisite hindering the go-ahead is China’s formal assurance, Bloomberg reported,…
Tesla Inc (TSLA.O) will recall more than 362,000 U.S. vehicles to update its Full Self-Driving (FSD) Beta software after U.S. regulators said on Thursday the driver assistance system did not adequately adhere to traffic safety laws and could cause crashes. The National Highway Traffic Safety Administration (NHTSA) said the Tesla software allows a vehicle to “exceed speed…
A series of events and activities are planned to attract sports lovers and other audiences Mastercard today announced that it will bring the Rugby World Cup 2023 trophy, known as the Webb Ellis Cup, to Sri Lanka for the first time on February 18. The coveted trophy will be in the country for six days…
FitsAir, Sri Lanka’s first privately owned international airline, is set to increase international flight offerings with the launch of service to Chennai, India. The new direct flight from Colombo to Chennai is set to commence starting 20th February 2023 and will initially fly three times a week. This will be upgraded to a daily service…
A special delegation from Israel visiting Sri Lanka has assured the Minister of Labour and Foreign Employment Manusha Nanayakkara, that their country will offer 2000 job opportunities for female caregivers from Sri Lanka, this year. The delegation comprising Shiely Raisin Sason, director of Israel’s Population and Migration Institute and members Zindani Mary, Yaccow Kabilau, Margarita…
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