Regional dialogue strengthens commitment to inclusive wage-setting aligned with ILO principles The Asia-Pacific region can demonstrate that living wages are achievable through a systematic approach grounded in social dialogue and evidence-based wage systems, participants at a regional dialogue organized by the International Labour Organization (ILO) heard. Shaping the living wage agenda in Asia and the…
HUAWEI CONNECT 2025 kicks off today in Shanghai. Eric Xu, Huawei’s Deputy Chairman of the Board and Rotating Chairman, gave a keynote themed “Groundbreaking SuperPoD Interconnect: Leading a New Paradigm for AI Infrastructure”. During the event, Xu unveiled the world’s most powerful SuperPoDs and SuperClusters. Xu noted, “Computing power is – and will continue to…
Reuters – Sri Lanka has no immediate plans to import liquefied natural gas (LNG) from India, as the required infrastructure including storage facilities is yet to be built, the country’s energy minister said on Tuesday. India announced last year it would supply LNG to Sri Lanka’s power plants and work on cross-border energy connectivity, including…
The Monetary Policy Board decided to maintain the Overnight Policy Rate (OPR) at the current level of 7.75% at its meeting held yesterday. The Board arrived at this decision after carefully considering both domestic and global developments. The Board is of the view that the current monetary policy stance will support steering inflation towards the…
Government of Sri Lanka and European Union Sign Euro 8 Million Grant Agreement to Support Sustainable Economic Recovery through Biodiversity Conservation and Waste Management The Government of Sri Lanka signed a Grant Agreement with the European Union (EU) on 23.09.2025 to launch a new initiative aimed at fostering sustainable economic recovery through improved biodiversity conservation…
Visa, the global leader in digital payments, in partnership with Hatton National Bank (HNB), today (23) announced the launch of ‘Visa Accept’ solution in Sri Lanka. This is the first-ever global rollout of the solution, placing Sri Lanka at the forefront of digital payments innovation. The launch is timely with Sri Lankan Government’s sharp focus on…
Ocean Lanka (Pvt) Ltd, Sri Lanka’s largest weft knit fabric manufacturer, recently officially opened its new Multifunctional Building (MFB) at Biyagama Export Processing Zone (EPZ) premises, marking a revolutionary milestone in the company’s journey of textile innovation. The event was attended by leading industry stakeholders and partners who came together to witness this significant achievement…
Applied Graphite Technologies Corporation (“AGT“), (TSXV: AGT) announces the acquisition of additional surface rights within the Queens Mines Complex (“QMC“). The QMC is located in the heart of the best graphite geology in Sri Lanka. Two of the three operating mines in Sri Lanka are located nearby and the QMC contains both historic and recent mine workings. AGT…
Sri Lanka’s export sector continued to demonstrate resilience and steady growth during the first eight months of 2025, recording total earnings of US$ 11,554.32 Mn. This reflects a strong 6.61% increase compared to the corresponding period in 2024. In August 2025 alone, total exports, comprising both merchandise and services reached to US$ 1,607.58 Mn, recording…
As part of the ongoing Financial Literacy Month Programme to strengthen #financial #literacy across the country, the Central Bank of Sri Lanka conducted its second Economic and Financial Literacy Forum in Kalutara on 19 September 2025. The Forum was graced by Governor Dr. Nandalal Weerasinghe, together with senior management of the CBSL and other senior…
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