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Sri Lanka’s economic crisis threatens its dollar-earning IT firms

Sri Lanka’s IT sector is trying to retain talent with dollar-linked salaries as young professionals look to exodus. AL JAZEERA – There have been days when cybersecurity professional Asela Waidyalankara and his colleagues have sat in hotel lobbies to complete projects during power outages. Other days, they have run around Colombo looking for fuel for…

(0)Comments | June 7, 2022 3:40 pm

US $ 55 million Loan Scheme from Export-Import Bank of India for procurement of urea fertilizer

The Government of India has agreed to provide a $ 55 million loan through the Export- Import Bank of India for the procurement of Urea for the 2022/23 Maha season. Accordingly the Cabinet of Ministers approved the proposal presented by the Prime Minister in his capacity as the Minister of Finance, Economic Stabilization & National…

(0)Comments | June 7, 2022 12:08 pm

Minister of Foreign Affairs chairs a webinar on current challenges to the economy and seeking remedies through all Missions abroad

The Minister of Foreign Affairs Prof. G.L. Peiris, Governor of the Central Bank Dr. Nandalal Weerasinghe and the Secretary, Foreign Affairs Aruni Wijewardane as well as heads of all overseas missions participated in a webinar, discussing current economic channellings that the country is experiencing and seeking remedies through the overseas missions on 7 June 2022….

(0)Comments | June 7, 2022 11:46 am

Current Exchange Rate Arrangement: Background, Positive Impact thus far, and Expected Outcomes

This note is intended to explain to the general public the background to the current exchange rate arrangement, and the positive impact it has already made, and expected outcomes in the period ahead. The country is facing extremely challenging economic circumstances at present while it is going through the worst balance of payments crisis in…

(0)Comments | June 6, 2022 4:45 pm

Better Policies for Better Diets: The Political Economy of Fiscal Policies and Regulations to Promote Healthy Diets in Sri Lanka

Non-communicable diseases (NCDs) have posed a critical health challenge for Sri Lanka for several decades. Estimated to account for 83 per cent of all deaths in Sri Lanka today, NCDs have serious health and economic consequences for both individuals and the country.[1] In 2000 and 2010, the deaths that occurred due to NCDs were estimated…

(0)Comments | June 6, 2022 3:49 pm

Ceylon Chamber to Conduct Webinar on Addressing Food Security Challenges

With the subject of national food security gaining increasing urgency, the Ceylon Chamber of Commerce in association with the National Science Foundation will conduct a webinar on addressing the challenges of food security from 2.00 pm to 4.30 pm on 7th June 2022. With impending food shortages in the coming months emerging as a distinct…

(0)Comments | June 6, 2022 3:38 pm

SLT-MOBITEL Expands 5G Pre-Commercial Trial Network Across Sri Lanka Unlocking Futuristic Mobile Experiences for Customers

Reaffirming its leadership in introducing state-of-the-art Mobile technology to Sri Lanka, SLT-MOBITEL, the National ICT Solutions Provider, has expanded its 5G pre-commercial trial network across main cities in the country; setting a pathway for customers to experience the transformational power of 5G technology in both Mobile Broadband and Fixed Wireless Access domains. Customers with a…

(0)Comments | June 6, 2022 10:41 am

The wellbeing of women and children prioritised in businesses: Launching the “Mother and Child-Friendly Seal for Responsible Business”, a first for Sri Lanka

In another major step towards safeguarding the wellbeing of women and children from Sri Lanka’s estate sector communities, The Centre for Child Rights and Business (The Centre) in partnership with Save the Children, and key stakeholders, the Planters Association of Ceylon, Plantation Human Development Trust, Ministry of Women and Child Affairs announced the launch of…

(0)Comments | June 6, 2022 10:37 am

Will Plato’s beach prevent SL becoming a colony? – By Prof. Samitha Hettige

There is much dialogue in SL about the current crisis, its causes, objectives and even possible outcomes. Some are at the Galle face demanding departures among other things. When analyzing views expressed at the beach, one might wonder whether they are clear on what they want. Showbiz personalities were seen going speechless when media asked…

(0)Comments | June 6, 2022 10:12 am

Chinese Ambassador pays a courtesy call on the Minister of Foreign Affairs

The Minister of Foreign Affairs Prof. G.L. Peiris had discussions with the Ambassador of China in Sri Lanka Qi Zhenhong at the Ministry on 02 June, 2022. During the meeting, Ambassador Zhenhong briefed on the assistance provided to Sri Lanka and discussed matters pertaining to bilateral engagements and current developments in the country. While appreciating…

(0)Comments | June 6, 2022 6:54 am

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