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LANKAQR launches its inaugural webinar series to educate citizenry on QR payments

Representing yet another key stride taken to ensure that Sri Lanka will be able to reap the benefits of a digital tomorrow, LANKAQR, a project initiative from the Central Bank of Sri Lanka (CBSL), recently launched its inaugural webinar series to educate the public on how LANKAQR intends to transform Sri Lanka into a less-cash…

(0)Comments | October 4, 2022 5:28 pm

Sri Lanka cenbank to hold rates as inflation worries persist

Reuters – Sri Lanka’s central bank is likely to maintain interest rates on Thursday in an effort to get a grip on inflation which has remained stubbornly high despite a sharp contraction in the crisis-hit economy. Nine out of 14 economists and analysts polled by Reuters said they expect rates to remain unchanged as the…

(0)Comments | October 4, 2022 4:50 pm

Uber contributed LKR 81 billion to Sri Lanka’s economy in 2021: Report

Uber and Uber Eats produced LKR 52 billion in consumer surplus* Increased flexibility provided to driver- and delivery-partners worth an estimated LKR 1.2 billion  91% of the riders use Uber for convenience, and help save 3.7 million hours a year 96% of female riders say safety is an important factor in choosing to use Uber…

(0)Comments | October 4, 2022 11:00 am

SL government’s initiative to develop the economy is praised by the World Bank

The government’s initiative to revive the economy of the country is appreciated by the World Bank. Mr. Faris Hadad Zervos, the country director for Sri Lanka, Maldives and Nepal, of the World Bank, states that the government is demonstrating its commitment by taking various measures to restore the collapsed economy, and encouraged them to continue…

(0)Comments | October 3, 2022 4:39 pm

Huawei launches latest Smart Customs and Port Solutions to Help Build World-class Trade Infrastructure

Huawei launched its latest solutions for customs and ports at HUAWEI CONNECT 2022, held in Bangkok during recently. This marks the company’s latest tactical move to help the digital transformation of ports and customs after it established its Customs and Port Team last October. The debut of the Customs and Port Team in Asia Pacific…

(0)Comments | October 3, 2022 4:21 pm

India Has a $1.2 Trillion Plan to Snatch Factories From China

India’s new web portal unifies ministries for easier approvals South Asia nation is known for delayed infrastructure projects Bloomberg – In India, half of all infrastructure projects are delayed, and one in four run over their estimated budget. Prime Minister Narendra Modi believes technology is the solution to these perennial and notorious bottlenecks. Under a…

(0)Comments | October 3, 2022 3:42 pm

Increasing Trade and Investment with Sri Lanka a Priority – Norwegian Envoy

The promotion of business cooperation between the Nordics and Sri Lanka remains an important and relevant priority, Ambassador of Norway to Sri Lanka Her Excellency Trine Jøranli Eskedal emphasised, at the recent Annual General Meeting of the Sri Lanka NORDIC Business Council (SLNBC) of the Ceylon Chamber of Commerce. Strategic partnerships and investments in areas…

(0)Comments | October 3, 2022 1:24 pm

Moose Clothing Company powers Sri Lanka Cricket as the “Sri Lanka Cricket National Team Sponsor” for ICC Men’s T20 World Cup 2022

Moose Clothing Company, Sri Lanka’s versatile and youthful clothing brand has yet again readily partnered with Sri Lanka Cricket as the Sri Lanka Cricket National Team Sponsor for ICC Men’s T20 World Cup 2022 Championship series which is scheduled to be held in Australia from 16th October 2022 to 13th November 2022. A steadfast and…

(0)Comments | October 3, 2022 10:16 am

EDB Organizes Virtual Business to Business Session with Bangladeshi Electronic and Electrical sector Importers/Buyers

The Sri Lanka Export Development Board (EDB) in association with Sri Lanka High Commission in Bangladesh and Bangladesh Electronics Merchant’s Association organized a B2B session on 12th September 2022 to promote matchmaking and market-entry opportunities between Bangladesh and Sri Lankan Electronic and Electrical exporters/manufactures. The online event was focused on achieving synergies between the Electronic…

(0)Comments | October 1, 2022 9:53 am

Sri Lanka T/20 team’s world cup jersey unveiled

The Official Unveiling of the ICC Men’s T-20 World Cup Cricket Jersey for team Sri Lanka A jersey that raises awareness on global warming with an aim to inspire climate action Over a decade of continued support by MAS, providing performance apparel for Sri Lanka Cricket (SLC) MAS Holdings, South Asia’s largest apparel tech manufacturer,…

(0)Comments | October 1, 2022 9:33 am

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