Showcases resilience in business model Sri Lanka Telecom Group (SLT Group), the National ICT Solutions Provider, posted stable growth for the first half of 2022, with revenues increasing by 6% to Rs 52.9 Bn and a 19.8% increase in profit before tax (PBT) at Rs. 7.2 Bn against the same period last year, showcasing resilience…
The Japanese Grant Aid for Human Resources Development Scholarship (JDS) Programme was introduced to Sri Lanka in 2010 by the Government of Japan in order to provide opportunities to the executive level public sector officials to undergo Master Degree Programmes in prominent universities in Japan. Accordingly, the First Framework (2010-2013), the Second Framework (2014-2017) and…
Sri Lanka Masters Hockey men teams will leave the country on Tuesday, August 9th 2022 to take part in the second Masters Hockey World Cup scheduled to be held from August 12-21 in Nottingham, England. Sri Lanka will play in both over 35 and over 40 age categories. The teams comprising of past national players…
Reuters – Sri Lanka has given approval for India’s Lanka Indian Oil Corporation (LIOC) to open 50 new fuel stations, a company official said on Monday, as part of efforts to reduce severe shortages that have crippled the island nation. Sri Lanka is caught in its worst financial crisis in more than 70 years as…
Washington based International Monetary Fund (IMF) recently stated that Sri Lanka should immediately talk with the Peoples Republic of China to get relief through debt restructuring to come out of the crisis at this very moment. These views came when SL approached the US based lending agency established after WWII to finance countries in need….
The Sri Lanka Embassy hosted the commencement ceremony, for a batch of Chinese students enrolled for the Master of Financial Economics Programme (MFE) – 2022 at the University of Colombo on 29 July 2022. The first batch comprises of 30 Chinese students. This followed after extensive efforts made by the Embassy to encourage Chinese students…
CHEC Port City Colombo in collaboration with the Colombo Port City Economic Commission successfully introduced the Special Economic Zone to 50 plus potential investors and members at a specially curated Breakfast meeting held at the Business Forum Event. The event was a global platform for Sri Lanka’s first service-oriented Special Economic Zone (SEZ) to be…
To help sustain and create jobs, improve services for people and protect small and medium sized enterprises, IFC committed about $2 billion in the South Asian region in the past fiscal year, ending June 2022, with a key focus on helping countries recover from the impacts of COVID-19. The release of the figures comes as…
The Advocata Institute #ReformNow Conference Advocata Institute hosted its economic reform conference, #ReformNow. The two day event discussed the economic reforms needed to recover from this crisis and to promote growth. The event brought together policymakers, l internationally recognised thought-leaders, the business community, civil society and citizens of Sri Lanka to facilitate this much needed…
The Committee members appointed by the Cabinet of Ministers on Restructuring of The Ceylon Electricity Board was given their appointment letters yesterday. They will give their recommendations and proposals within a month to the Ministry of Power and Energy. The committee will engage wirh development agency’s for technical assistance. The committee members include the following….
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