“JAAF fully supports mechanisms and processes to improve the tax administration and collection and broadening of the tax base.” Yohan Lawrence, Secretary General Rebuilding Sri Lanka is a national priority and the Government of Sri Lanka has aptly stated that the path to rebuilding the nation is in strengthening export-led growth. Sri Lanka’s merchandise exports…
Japan and Sri Lanka signed a Memorandum of Cooperation on the Joint Crediting Mechanism (JCM) for Low Carbon Growth Partnership this afternoon (10) at the Presidential Secretariat. The Memorandum of Cooperation on the JCM was signed by Dr Anil Jasinghe, Secretary to the Ministry of Environment and Mr Misukoshi Hideki, Japanese Ambassador to Sri Lanka….
STOCKHOLM (AP) — This year’s Nobel Prize in economic sciences has been awarded to three U.S.-based economists “for research on banks and financial crises.” The award to Ben S. Bernanke, Douglas W. Diamond and Philip H. Dybvig was announced Monday by the Nobel panel at the Royal Swedish Academy of Sciences in Stockholm. Nobel prizes…
Climate change today is affecting the financial system due to its far-reaching impact across all sectors and geographies. As risks associated with environmentally damaging products and services increase, it is expected that purchasing and investing in green alternatives will become the norm. This has led to the undertaking of initiatives to mitigate the negative impacts…
The Board of Investment (BOI) takes pride to announce the remarkable resilience shown by its enterprises, in the face of recent economic challenges and unprecedented sequences of events with the merchandise exports of the enterprises amounting to US$ 6.6 Bn during the period from January to September 2022. This is a 16% growth compared to…
Politicizing human rights (HR) and practicing double standards in reference is considered unpopular and unethical but practiced by many especially in the West. As always there were many discussions on the issue during the 51st session of the United Nations HR Council. Of them China’s Xinjiang topped the list as it has been one of…
University of Kelaniya (UoK) and Dhammika & Priscilla Perera Foundation (DP Education) signed a Memorandum of Understanding (MoU) on the 4th of October 2022 to facilitate open online course development and delivery in certificate-level Enterprise Resource Planning (ERP). The objective of this initiative is to provide opportunities to learn free of charge the required knowledge…
Unrestricted Access to Fuel for Tourists Visiting Sri Lanka – Powered by Ceypetco, Lanka IOC and MillenniumIT ESP Dialog Axiata PLC on the invitation of Ministry of Power and Energy and Ministry of Tourism partnered Sampath Bank PLC, to launch the Tourist Fuel Pass (TFP) that would enable tourists visiting Sri Lanka to obtain fuel…
The Information and Communication Technology Agency (ICTA) recently concluded the third ‘Spiralation Demo Day’ at the SPARX Lab. ICTA has been supporting the development of the startup ecosystem since 2010 by creating awareness, instilling entrepreneurship culture, incubation, providing market access, early-stage seed funding, consulting, and mentoring. Seven startups presented their solutions to potential investors at…
The Ceylon Motor Traders Association (CMTA), the most senior automotive association in South Asia, have raised serious concerns about the importation of used Electric Vehicles to Sri Lanka. In order to minimize the negative impact to the consumer, environment, society, and the economy, it is imperative that the country imports EVs which are directly shipped…
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