Lead Story

Saudi Arabia may slash January crude prices for Asia

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…

(0) Comments | December 2, 2024 3:44 pm

Featured

Shangri-La Colombo Ushers in the Festive Season with a Spectacular Christmas Tree Lighting Ceremony

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…

(0) Comments | December 2, 2024 4:20 pm

CIPM Sri Lanka Concludes Successful Workshop on Feedback and KPI Mastery

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…

(0) Comments | December 2, 2024 3:07 pm

Huawei South Asia Supplier Convention 2024 Highlights Collaboration and Future Growth Opportunities

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…

(0) Comments | December 2, 2024 3:04 pm

NDB Shareek Celebrates a Decade of Islamic Banking Excellence

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…

(0) Comments | December 2, 2024 2:13 pm

Sharing Empathy With Our Children This Festive Season

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…

(0) Comments | December 2, 2024 2:09 pm

Ather Energy Launches Revolutionary Ather 450X Electric Scooter in Sri Lanka

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…

(0) Comments | December 2, 2024 1:34 pm

CEAT Kelani wins 9 Golds at international quality convention

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…

(0) Comments | December 2, 2024 1:30 pm

Fairfirst Insurance and BOC Join Forces for an Exciting Bancassurance Partnership

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…

(0) Comments | December 2, 2024 12:07 pm

A Quarter Century of Progress: Raffles’ story of Resilience and Innovation

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…

(0) Comments | December 2, 2024 11:54 am

LankaPay Bestowed with Chairman’s Award of the Year at National ICT Awards 2024

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…

(0) Comments | December 2, 2024 11:43 am

Analysis

From Guesswork to Governance – How Data-Driven Policy Can Transform Sri Lanka’s Future

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,…

(0) Comments | November 29, 2024 11:19 am

GSP+: Can It Drive Inclusive Growth In Sri Lanka?

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…

(0) Comments | November 28, 2024 1:22 pm

5th Generation (5G) Conflict Prevention – By Prof. Samitha Hettige

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…

(0) Comments | November 27, 2024 11:11 am
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