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Select Committee of Parliament holds discussions with the banking sector regarding encouraging small, medium and micro scale enterprises

Select Committee of Parliament to study the practical problems and difficulties that have arisen in relation to enhancing the rank in the Ease of Doing Business Index in Sri Lanka and make its proposals and recommendations took into discussion regarding encouraging small, medium and micro scale enterprises and solving their existing financial problems with the…

(0) Comments | March 23, 2023 5:04 pm

Featured

ComBank crowned overall winner of LankaPay Technnovation Awards

Dominates ceremony with 4 Golds, 2 Silvers and a Merit award The Commercial Bank of Ceylon put on a dazzling display of its prowess in digital innovation recently, winning seven awards including the overall award for banking institutions at Sri Lanka’s only payment technology innovation awards – the LankaPay Technnovation Awards. The bank’s impressive haul…

(0) Comments | March 23, 2023 4:20 pm

DFCC” Samata English” CSR initiative continues supporting Youth with English Language and Soft Skills Training  across the country

Guided by its wide-reaching sustainability strategy, DFCC Bank continues its Samata English, “English for Everyone,” social support and development programme for the 5th consecutive year, which is the Bank’s flagship project under the “Education” pillar, one of the 6 cross-cutting themes under the Bank’s sustainability vision, contributing towards resilient communities. This year, the ongoing programmes…

(0) Comments | March 23, 2023 4:12 pm

Access to Safe Drinking Water a Priority for National Development

AmCham SL & Partners Donate R/O System to Palai Central College in Commemoration of World Water Day 2023 The American Chamber of Commerce in Sri Lanka, together with its members, global partners, donors, and well-wishers commissioned on 17th March 2023 in commemoration of World Water Day 2023, which is celebrated on 22nd March each year, a Reverse Osmosis plant…

(0) Comments | March 23, 2023 3:28 pm

Courtyard by Marriott Colombo celebrates the holy month of Ramadan with a lavish Iftar Buffet at the Beira Kitchen

The recently launched Courtyard by Marriott Colombo, part of Marriott Bonvoy’s extraordinary portfolio of 30 hotel brands, is marking the holy month of Ramadan with a special Iftar Buffet throughout the entire month. Ramadan is anticipated to commence once the moon is sighted over Mecca on Wednesday, March 24, 2023. Ramadan which lasts 30 days,…

(0) Comments | March 23, 2023 3:09 pm

SOZO Launches canned Beverages with Unique Flavour Combinations

SOZO, the flavorsome and much sought-after home-grown beverage brand has once again revolutionized the beverage market through the launch of unique and delicious flavor combinations. Founded in 2016, SOZO has consistently evolved through new product innovation, crafting exciting juices, Iced Teas and now as a market pioneer launches a whole new range of canned beverages…

(0) Comments | March 23, 2023 12:20 pm

Hatch Opens Applications for AccelerateHer 2.0: An Accelerator Program for Budding Female Entrepreneurs from Across the Island

Hatch, Sri Lanka’s leading startup hub partnered with the US Department of State to implement AccelerateHer, a bespoke accelerator program for budding female entrepreneurs. Applications are now open for its second cycle. AccelerateHer is designed to help female founders grow their businesses, upskill, and gain access to funding and networks that will allow them to…

(0) Comments | March 23, 2023 11:26 am

Bringing Joy To Everyday Experience

One UI expands the possibilities of our everyday lives by providing a personalized mobile experience that perfectly suits our needs. Now available through the Galaxy S23 series, this is the story of how One UI 5 creates new joy in the palms of our hands. A Seamless Camera Experience One UI 5 focuses on an…

(0) Comments | March 23, 2023 11:01 am

‘Encounters’ by the Museum of Modern and Contemporary Art Sri Lanka Closes

‘Encounters’ curated by the Museum of Modern and Contemporary Art Sri Lanka (MMCA Sri Lanka) closed on 19 March, at its premises on the Ground floor of Crescar Boulevard, Colombo 3. The exhibition opened on 10 February 2022 and featured 59 loaned artworks by 15 artists from across the country and Berlin. Each of the…

(0) Comments | March 23, 2023 8:55 am

Seylan Bank empowers women to achieve their dream with ‘Dinana Aya’

Seylan Bank, the Bank with a Heart introduced ‘Dinana Aya’, an initiative to empower female small and medium entrepreneurs, in line with International Women’s Day, with the objective of being a supportive strength to women who aspire to achieve their business goals. Aligned to this programme, Seylan Bank also offered a loan scheme, especially directed…

(0) Comments | March 23, 2023 8:50 am

Baby Cheramy Reiterates Safety with ‘Certified Safe for Baby’ and ‘Pediatrician Tested’ Products

Baby Cheramy, the leading baby care brand in Sri Lanka, has been trusted and loved by millions of Sri Lankan parents for decades. They have entrusted their babies’ health and wellbeing to the care of Baby Cheramy’s gentle products, which led it to become the leader in the baby care category. Based on the household…

(0) Comments | March 22, 2023 4:46 pm

Analysis

Colombo Port City Economic Commission Semi-Annual Progress Report for FY 2022

The Colombo Port City Economic Commission (the Commission), the Single Window Investment Facilitator authorised to assist investors, businesses, and residents in conducting their activities seamlessly and efficiently in Port City Colombo, is pleased to release its semi-annual progress report for FY 2022 from July to December 2022. The Port City Colombo Special Economic Zone (SEZ)…

(0) Comments | March 23, 2023 11:50 am

Debt-stricken Sri Lanka to get first tranche of IMF bailout funds in two days

Reuters – Sri Lanka will get the first $330 million tranche of an International Monetary Fund bailout in the next two days, the global lender said on Tuesday, putting the onus on the cash-strapped country to rein in its debt to sustainable levels. Economic mismanagement coupled with the impact of the COVID-19 pandemic left Sri…

(0) Comments | March 21, 2023 6:08 pm

Emerging Market Capital Flows to Remain Weak but Should Recover in 2024

Fed tightening is likely to weigh heavily on net capital flows to emerging markets (EM) this year but we expect flows to recover in 2024 as policy rates are cut and EM growth relative to advanced economies improves, says Fitch Ratings in its report “Emerging Market Capital Flows Hit by Fed Tightening, But Should Recover…

(0) Comments | March 21, 2023 11:06 am
More Analysis

EDOTCO affirms its mission to connect the country sustainably with new strategic brand refresh

In celebration of its tenth anniversary, EDOTCO Group Sdn Bhd, the region’s integrated telecommunications infrastructure services provider, has unveiled a new brand identity and enhanced its mission to create a more sustainable and equitable connectivity for its nine footprint countries in Asia.  Since its inception, the company has continued shaping the telecom industry across the…

(0) Comments | February 21, 2023 1:44 pm
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