Sri Lanka’s apparel sector contributes 6% to the country’s GDP and accounts for almost half of all merchandise exports. The sector provides direct employment to 350,000 workers and an additional 700,000 Sri Lankans receive livelihood opportunities as part of the larger supply chain. Sharad Amalean, Chairman of the Joint Apparel Association Forum (JAAF), talks about…
As the technology partner for Sri Lanka Railways for over a decade, SLT-MOBITEL together with Sri Lanka Railways (SLR) marked a significant milestone on March 21, 2022 with the launch of the online seat reservation web portal and mobile app for commuters, for the first time in Sri Lanka. The latest cutting-edge system offers commuters…
CL Synergy Limited has received the official approval from the Colombo Stock Exchange (CSE) for its Initial Public Offering, which is set to open on the 7th of April 2022. The anticipated IPO by one of Sri Lanka’s leading, fast-growing freight forwarding solutions providers with a strong industry presence, will issue an offer for subscription…
Bloomberg – China’s ambassador to Sri Lanka said his country is considering up to $2.5 billion in fresh assistance to the South Asian nation, the latest efforts to firm up finances as it struggles with a worsening economic crisis. The development comes one week after Sri Lanka started talks with International Monetary Fund for a…
Minister of Foreign Affairs, Prof. G.L Peiris held discussions with the Ambassador of China in Sri Lanka, Qi Zhenhong at the Ministry on 18 March, 2022. During the meeting, a first day cover issued by the Chinese authorities to commemorate the 65th anniversary of the establishment of diplomatic relations between China and Sri Lanka and the…
The Mediation Boards Commission (MBC) of Sri Lanka, together with the Ministry of Justice, launched a convenient dispute intake system for the public by introducing a dispute intake box at the Divisional Secretariat level. This is expanding the Community Mediation Boards’ (CMB) Chairperson’s jurisdiction and making it easier for CMBs to receive complaints from the…
Thinking big on the growing cloud security industry, ICC Hall of Famer, global cricket consultant and serial venture capitalist Mahela Jayawardene has co-founded ‘Dygisec’, a next-gen technology company focused on cloud security compliance. Jayawardene has teamed up with Chandita Samaranayake and Stefano Harding, two industry experts with over 25 years of experience at global technology…
The Silk Road Journal by Mahika Ming On the request of US President Biden, Chinese President Xi Jinping had a video call with his US counterpart on March 18th. 2022 marks the 50th anniversary of China (Peoples Republic) and USA relations which were initiated by President Nixon who visited Chairman Mao in 1972. During the…
SDB bank, one of Sri Lanka’s leading financial services providers that has grown from strength to strength in recent years, is proud to announce the upward revision of its issuer rating by premier rating agency, ICRA Lanka. Accordingly, ICRA Lanka has upgraded SDB bank’s issuer rating from [SL]BBB- to [SL]BBB with a Stable Outlook, this…
Cumulative Donations to Little Hearts Project since 2016 by Dialog Star Points exceed Rs.95Mn Coming together to support the development of a 12-storey cardiac and critical care complex at Lady Ridgeway Hospital in aid of children with heart diseases and critical illnesses, over 300,000 Dialog customers collectively donated more than Rs. 27 million via Star…
Video Story
