The need for Sri Lanka to focus more strongly on developing and liberalizing international trade in order to embark on a positive path to recovery, was expressed by the High Commissioners for Australia and New Zealand to Sri Lanka, at the 24th Annual General Meeting of the Sri Lanka Australia New Zealand Business Council (SLANZBC)…
Reuters – India said on Tuesday it would keep supporting Sri Lanka, mainly through long-term investments, after giving nearly $4 billion of financial help this year as its neighbour faced its worst economic crisis in more than seven decades. Reuters reported last week citing sources that India did not plan to provide fresh financial support…
On the heels of the interim budget speech and a Staff Level agreement on an Extended Fund Facility with the IMF, the Ceylon Chamber of Commerce hosted a virtual session on the 01st of September 2022 to discuss, ‘How can Sri Lanka compete for investment amidst turbulence times: Economic growth vs Fiscal consolidation’. Joining the…
Dialog Axiata Group, the largest Foreign Direct Investor (FDI) operating under the aegis of the Board of Investment of Sri Lanka (BOI), announced the entering into of two supplementary agreements with the BOI for the investment of an additional sum of USD 152.4 Mn (LKR 56.7 Bn) in Sri Lanka’s Telecommunications and ICT Infrastructure on…
The Ministry of Foreign Affairs wishes to inform the General Public that the computer system breakdown, experienced in the Attestation & Verification unit of the Consular Affairs Division of the Ministry of Foreign Affairs and its Regional Offices in Jaffna, Trincomalee, Kandy, Kurunegala, & Matara has been resolved and the Attestation & Verification service will…
AIA Sri Lanka has announced the appointment of Tan Hak Leh as the new Chairman of the Board of Directors (BOD) with effect from July 2022. Tan Hak Leh is the Regional Chief Executive of AIA Group Limited with responsibility for the business operations in Thailand, Singapore, Brunei, Malaysia, Cambodia, Myanmar, Vietnam and now, Sri…
HUAWEI CONNECT 2022, Huawei’s 7th annual flagship event for the global ICT industry, began today in Bangkok. The theme of this year’s event is “Unleash Digital,” gathering over 10,000 ICT industry leaders, experts, and partners from around the world to explore how to more effectively unleash digital productivity, promote the digital economy, and build up…
Reuters – Crisis-hit Sri Lanka will make a presentation to its international creditors on Friday, laying out the full extent of its economic troubles and plans for a debt restructuring and multi-billion dollar International Monetary Fund bailout. Years of economic mismanagement combined with the COVID-19 pandemic have left Sri Lanka in its worst economic crisis…
TikTok expands its suite of creation tools as they continue to foster authentic and real-time connections TikTok Now is a daily photo and video experience for users to share their most authentic moments with the people who matter the most As the home for creating engaging content and discovering new and exciting communities, today TikTok…
The Secretary General of Parliament Mr. Dhammika Dasanayake said (15) that steps will be taken to establish a separate budget office in Parliament to monitor the financial affairs by directly obtaining accurate information related to the government’s financial control including income and expenditure. The Secretary General said this at a special public outreach program jointly…
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