To help sustain and create jobs, improve services for people and protect small and medium sized enterprises, IFC committed about $2 billion in the South Asian region in the past fiscal year, ending June 2022, with a key focus on helping countries recover from the impacts of COVID-19. The release of the figures comes as…
The Advocata Institute #ReformNow Conference Advocata Institute hosted its economic reform conference, #ReformNow. The two day event discussed the economic reforms needed to recover from this crisis and to promote growth. The event brought together policymakers, l internationally recognised thought-leaders, the business community, civil society and citizens of Sri Lanka to facilitate this much needed…
The Committee members appointed by the Cabinet of Ministers on Restructuring of The Ceylon Electricity Board was given their appointment letters yesterday. They will give their recommendations and proposals within a month to the Ministry of Power and Energy. The committee will engage wirh development agency’s for technical assistance. The committee members include the following….
Mr Nimesh Herath assumed duties as the Chairman of the Urban Development Authority (UDA) on 04th August 2022. The Urban Development Authority is committed to achieving a planned, sustained and adored urbanization in Sri Lanka with the mission to promote integrated planning and implementation for the economic, social, environmental and physical development of the declared…
Aimed at enhancing the Ease of Doing Business and accelerating digital transformation, the Board of Investment (BOI), the pinnacle body for investment promotion, is pleased to announce the completion of the integration of the visa recommendation system in coordination with the Department of Immigration and Emigration and the Ministry of Defence to provide online visa…
Applications for Chevening Scholarships to study in the UK are open between 2 August and 1 November 2022, with applications to be submitted via chevening.org/apply Chevening Scholarships support a one year fully funded taught Master’s degrees in the UK’s prestigious universities for individuals with demonstrable potential to become future leaders, decision-makers, and opinion formers. Chevening…
SriLankan Airlines hereby clarifies and places on record the following with regard to the video content created by a passenger which is widely shared on social media platforms at the moment. The Airline categorically denies the assertion on the unavailability of meals in the Business Class and cites this as a deliberate misrepresentation of facts…
New features are aimed at providing viewers with more ways to discover new content and customize their viewing experience Popular short-video platform TikTok has recently announced the launch of several new features aimed at providing viewers with more ways to discover new content and tailor their viewing experience to their personal preferences. The new features…
Repo rate raised by 50 basis points to 5.40% on Friday RBI sees current account gap within sustainable limits (Bloomberg) – India’s central bank delivered its third straight interest-rate increase since May in an effort to return inflation to target and fend off further attacks on the currency. Bond yields and the rupee rose. The…
MAS increases its investment in the supply chain and re-affirms confidence in Sri Lanka MAS Holdings launched a new venture by acquiring the assets of BAM Knitting (Pvt) Ltd., a leading fabric manufacturing and finishing operation in Sri Lanka. MAS Holdings takes the majority stake in the new venture, with BAM Knitting as its joint…
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