Lead Story
Reuters – Top oil exporter Saudi Arabia is expected to slash crude prices for Asian buyers in January to the lowest in years, largely tracking a slump in Middle East benchmark prices last month, traders said on Monday. The January official selling price (OSP) for flagship Arab Light may fall by 70 to 90 cents…
Featured
The festive spirit came alive at Shangri-La Colombo as the hotel hosted its much-anticipated Christmas Tree Lighting Ceremony on 28th November 2024. This enchanting evening marked the beginning of the holiday season, bringing together guests, families and the community to celebrate in style and splendor. This year’s theme, Christmas in the Air, added a whimsical…
The Chartered Institute of Personnel Management (CIPM) Sri Lanka proudly concluded its sold-out workshop, “Feedback Playbook and KPI Mastery for Success in 2025” held on November 29, 2024, at Marino Beach Colombo. The highly anticipated event brought together senior HR professionals and line managers from leading organizations, delivering transformative insights into effective KPI setting and…
Huawei’s South Asia Supplier Convention 2024, held at ITC Ratnadipa on 29th November, brought together key partners from Bangladesh, Nepal, the Maldives, and Sri Lanka to explore new opportunities for collaboration and strengthen the region’s partner ecosystem. The event served as a platform to share Huawei’s strategic vision for the coming years, deliver insights into…
NDB Bank marks a monumental milestone as its Islamic Banking arm, NDB Shareek, celebrates 10 years of providing Shariah-Compliant Banking and Financial solutions to Sri Lankans. This achievement is particularly significant, as NDB is among the few financial Institutions in Sri Lanka to reach this remarkable milestone in the Islamic Banking space. Established a decade…
The Christmas season is a special time filled with joy, excitement, and giving but this year the festive season falls at a time when the world around us is gripped in complexity, from the cost of living crisis to a lack of peace in lands all around us. As parents, we may want to use…
Ather Energy, India’s leading electric vehicle (EV) manufacturer, has officially launched its Ather 450X electric scooter in Sri Lanka, marking a significant milestone in the company’s global expansion. This launch is powered by Evolution Auto (Pvt) Ltd., a joint venture between Atman Group and Sino Lanka Private Limited, which will serve as the national distributor…
Sri Lanka’s top tyre manufacturer CEAT Kelani Holdings has won nine Golds and a Silver at the 2024 International Convention on Quality Control Circles (ICQCC), emphatically reaffirming the company’s obsession with quality improvement. Significantly, the company presented 10 Quality Improvement Projects (QIPs) targeting Quality, Cost, and Delivery (QCD) outcomes at this international convention, and every…
Fairfirst Insurance is excited to announce a strategic partnership with the Bank of Ceylon (BOC), a leading financial institution in Sri Lanka. This collaboration brings a wide range of customised insurance packages designed exclusively for BOC’s extensive customer base, strengthening Fairfirst’s commitment to delivering innovative and client-centric insurance solutions. Through this strategic alliance, BOC will…
Raffles Consolidated (Pvt) Ltd, a leading name in Sri Lanka’s hospitality industry, celebrates its 25th anniversary on December 1, 2024. To mark this momentous occasion, the company revealed a number of significant plans made to usher in a new era of growth in the coming years. Raffles plans to roll out a number of new…
LankaPay is delighted to announce that it had been awarded with the BCS Sri Lanka Section Chairman’s Award of the Year at the National ICT Awards 2024 held recently at Monarch Imperial. This distinguished recognition acknowledges LankaPay’s outstanding contributions to transforming Sri Lanka’s financial sector through innovative digital payment solutions and its pivotal role in…
Top News
The Sri Lanka-Korea Business Council of the Ceylon Chamber of Commerce (SLKBC) recently held its 29th Annual General Meeting at the Ceylon Chamber of Commerce, with Her Excellency Miyon Lee, Ambassador of the Republic of Korea to Sri Lanka, gracing the occasion as the Chief Guest. In her address, the Ambassador commended SLKBC’s efforts in…
The Embassy of Sri Lanka in Riyadh in collaboration with the Ministry of Buddhasasana, Religious and Cultural Affairs of Sri Lanka facilitated the first ever participation of four Sri Lankan companies of handicrafts in the Saudi International Handicrafts Week Exhibition “Banan 2024. The event was held in Riyadh from 23to 29 November 2024. Ambassador of…
The Sri Lanka rupee maintained its appreciating trend, recording a monthly gain for November 2024, consistent with the overall appreciation observed throughout the year. As of 29 November 2024, the rupee appreciated by 11.3% against the US dollar, while also strengthening against major currencies, including the euro, pound sterling, Chinese yuan, Japanese yen, Indian rupee,…
Launches pilot ‘Agri Modernisation Village’ programme in Mahilankadu, Kilinochchi The Commercial Bank of Ceylon has embarked on an ambitious mission to propagate technology in the agriculture sector, encompassing all areas of agricultural potential in the country. This initiative aims at empowering farmer communities and improving the quality and volume of crop yields by fostering sustainable…
The Advisory arm of TWC Holdings (formerly TWCorp), a company founded in 2012 by Thilan Wijesinghe, has emerged as a transformative partner in adapting tourism development to meet the impacts of climate change in the Maldives. Recently, the Maldives Fund Management Corporation (MFMC) was advised by Thilan, who is a specialist in Public Private Partnerships,…
China Unicom Beijing and Huawei held an event, “5G Capital on the Way – Lighting Up Beijing with 5G-Advanced,” to announce their deployment of the world’s first large-scale integrated 5G-Advanced intelligent network. The network supports a world-leading 5G-Advanced smart commercial complex, with high- and low-band integrated networking, at the Workers’ Stadium. Furthermore, a benchmark was…
In an exciting initiative to bolster Sri Lanka’s tourism industry, the Sri Lanka Tourism Promotion Bureau (SLTPB) is set to host four prominent Australian-based social media influencers this December. The campaign aims to capture the allure of Sri Lanka through the eyes of these digital content creators, whose combined reach spans millions of followers across…
The All Island Dairy Association extended its heartfelt congratulations to the new NPP government for winning both recent elections and in particular welcomes the newly appointed Minister of Agriculture, Livestock development, Land & Irrigation – K.D Lal Kantha – while pledging their full support to him. AIDA serves as the central forum for consensus building…
Analysis
By Jithendra Antonio Amidst the sweeping wave of digital transformation, Sri Lanka stands at a consequential inflection point. While government decisions often rely on experience and tradition, the power of data can unlock solutions grounded in real-time evidence, directly addressing the needs of the people. Data-driven governance has proven transformative globally streamlining services, tackling corruption,…
By Rashmi Anupama, Chaya Dissanayake, and Dr Asanka Wijesinghe In a mid-October 2024 meeting with the European Union (EU) Ambassador, Sri Lanka reaffirmed its commitment to strengthening trade relations with the EU, particularly highlighting the role of the GSP+ programme in boosting Sri Lankan exports. This discussion underscores the significance of the GSP+, which offers…
The UNP government of 1977 of Prime Minister JRJ (post colonial 1st generation leader) received a 5/6th majority in parliament. He introduced the Presidential system in 1978 to develop the economy as he believed that Sri Lanka’s geographic position shall boost it further. As President he held; defense, power & energy, higher education & plan…
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