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Participants in the webinar entitled “Accelerate Digital Economy for Inclusive Integration in Asia Pacific – Connecting Digital Industries in Pandemic” recently called for leveraging digital opportunities to build an inclusive ecosystem and promoting regional integration, which is particularly important while still combating the pandemic. A digital economy is increasingly perceived as the way to overcome…
Featured
The Ministry of Environment together with the Tokyo Cement Group recently kicked off the ‘Ivura Rakina Pawura’ programme at the Mahaweli Riverbank in Manampitiya. The far-reaching initiative was launched by Hon. Mahinda Amaraweera, Minister of Environment, with the participation of a few key government officials and representatives of the Tokyo Cement Group. The project aims…
Smartwatches have become more commonplace with the expansion of wearable technology. High compatibility, usability, small form factor and smart features such as sleep, heart rate, blood pressure monitoring in smartwatches have attracted thousands of health conscious people, giving them a whole new level of control in terms of health and wellbeing. The manufacturers of Smartwatches…
Seylan Bank recently unveiled its state-of-the-art data centre located at Seylan Towers, No. 90, Galle Road, Colombo 03. The consolidated data centre was designed by TIA-942 Certified Data Center Design Consultant and Auditor, Tharindu Meepegama and built by V S Information Systems in collaboration with leading IT infrastructure providers such as Panduit, Vertiv, and Starline….
Sri Lanka’s premier digital health solutions service providers, Doc990 and MyDoctor are now enabling customers to access online veterinary services island-wide in partnership with the Sri Lanka Veterinary Association. The national professional body serving and representing the interests of the veterinary profession in Sri Lanka, the Sri Lanka Veterinary Association (SLVA), is dedicated to providing…
hSenid Business Solutions, a leading Human Resources solutions provider in Sri Lanka, partnered with the University of Moratuwa (UoM), a prestigious state higher education institution in the delivery of Human Resources Information Systems as part of its Bachelor of Business Sciences degree program. This partnership further amplifies the scope of the program, adding strategic value…
CIPM Sri Lanka – the Nation’s leader in human resource management together with the Sri Lanka Institute of Marketing (SLIM) organized a webinar on “World of Work is Changing, the Future of Work is Hybrid” recently to deliberate the pros and cons and implications to organizations, the workforce and the regulators and government of the…
On the backdrop of completing 129 years of operation in the country, HSBC Sri Lanka continued its leadership position as the best International Retail Bank of the year, at the Asian Banking & Finance Retail Banking Awards 2021 for the fifth time, since 2016. This year over 140 exceptional banks from 31 countries were recognised…
Ceylon Curry Club, Sri Lanka’s renowned contemporary food fad, recently opened its doors to the public with the launch of its new dine-in restaurant at the Dutch Hospital Precinct, Colombo. Offering a tantalizing plethora of Sri Lankan dishes, the fully functioning restaurant is now open for lunch and dinner from 11.00 am to 11.30 pm,…
The latest addition to the new C-Series lets you stay connected to what really matters – Designed in Finland – Love it: Front and rear facing cameras – both with LED flash – so you can capture those unforgettable family moments, day or night Trust it: AndroidTM 11 (Go edition) and two years quarterly security…
ChildFund Sri Lanka recognizes the critical importance of supporting care-givers in building a strong foundation for nurturing care and towards early childhood development. As an initial step to empowering care-givers through formally approved, professional training, ChildFund Sri Lanka signed a Memorandum of Understanding (MOU) with the Vocational Training Authority of Sri Lanka (VTA) to standardize…
Top News
Pan Asia Banking Corporation PLC reported an impressive performance for the six-month period which ended 30 June to report a Pre-Tax Profit of Rs. 1,822 million and a Post-Tax Profit of Rs. 1,356 million with growth rates of 27% and 50% respectively, while demonstrating the resilience amidst challenging macro-economic conditions. The bank’s performance was characterised…
Passes on benefit to consumers during tough pandemic period Colombo, Aug 02, 2021 – SLT-MOBITEL, the National ICT, Telecommunications and Mobile Services Provider, announced its financial results for the first half of 2021, posting a 29.9% year-on-year growth of Group Profit After Tax (PAT) of Rs. 6.0 Bn. Cost consolidation across verticals and a group…
The Information and Communication Technology Agency (ICTA), in close collaboration with The National Operations Centre for Prevention of COVID-19 Outbreak (NOCPCO), the Ministry of Health, The Office of the Provincial Directors of Health Services-Western Province, the Telecom Regulatory Commission (TRC), and mobile operators; announces an online and SMS-based appointment system available from 12th July1st August…
Headline inflation, as measured by the year-onyear (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100)1 , increased to 5.7 per cent in July 2021 from 5.2 per cent in June 2021. This was driven by monthly increases of prices of items in the Non-food category. Subsequently, Food inflation (Y-o-Y) decreased to 11.0 per…
259% YoY growth in Group Profit After Tax up to Rs. 6.3 Bn 165% YoY increase in Group revenue up to Rs. 95.7Bn Logistics growth driven by surging retail demand in U.S. Led by vibrant growth in its logistics sector, Expolanka Holdings PLC, delivered another record-breaking performance during the quarter ended 30 June 2021 (Q121)….
Deputy High Commissioner of Sri Lanka to Chennai Dr. D. Venkateshwaran visited Brandix India Apparel City (BIAC) located at Atchutapuram near Visakhapatnam, Andhra Pradesh at the invitation of Group CEO of Brandix Ashroff Omar. The Deputy High Commissioner was received by Brandix India Country Head Neil Rosayro, Partner PC Doraswamy, Deputy Chief Operating Officer Saravanan…
A webinar on “Finding a Market for Agri Products in EU” with a special focus on Organic Markets, organized by the Embassy of Sri Lanka in Germany in collaboration with the Import Promotion Desk of Germany and Export Development Board of Sri Lanka was held on 29 July 2021, with over 200 participants across large…
SriLankan Airlines the National Carrier of Sri Lanka and a member of the oneworld alliance is delighted to announce the commencement of direct flights between Sri Lanka and Russia today. The inaugural flight was ceremonially greeted with a water salute at Domodedovo Airport (DME) in Moscow. The airline is resuming flights to the Russian capital…
Analysis
Corporate sentiment remains frozen as the nation grapples with economic challenges Sri Lanka’s manufacturing Purchasing Managers’ Index (PMI) increased by 8.3 index points to 50.4 in June, indicating a slight recovery from the adverse impacts of the third wave of the pandemic. The Central Bank of Sri Lanka notes that this was largely driven by…
The Silk Road Journal by Mahika Ming In the late 1970s, Minister of Education Ranil Wickremasinghe presented a White Paper on Education. It was opposed by the communist & leftist parties & the government could not fully implement the proposals. Years later, those who opposed were seen implementing most of what Ranil proposed. There is…
The Silk Road Journal by Mahika Ming In 1398 the Ming dynasty started ruling Great China & the imperial navy under the command of Admiral Zheng He sailed the known world connecting China to the rest of the world. The Sunflower which was native to South America arrived in China through the international relations developed…
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