Among IT decision-makers, 85-pct see urgent shift in focus to consumers’ digital experiences: Report
In a survey of 500 IT decision-makers, 85% agree that there is an urgent shift toward focusing on consumers’ digital experiences. Moreover, 73% of …
All News
Newly arrived cranes at HIP to be used for raw material discharge for Lanwa Cement Factory
Two brand new Chinese manufactured cranes will be fitted at berth number 6 of Hambantota International Port (HIP). The shore cranes, shipped by barge …
Statement from SriLankan Airlines on Flight UL 504
SriLankan Airlines would like to address the reports currently circulating on media about flight UL 504 avoiding a possible mid-air collision with …
Fitch Ratings Raises its Oil and Gas Price Assumptions
Fitch Ratings has increased its oil and gas price assumptions due to trade flows disruptions and redirection and higher post-pandemic demand. Fitch …
Visa introduces P2P to Sri Lanka powering cashless personal payments
Visa Inc. (NYSE: V), has today announced the launch of Person to Person (P2P) payments in Sri Lanka, enabling consumers to both make and receive …
US State Secretary discusses Sri Lanka’s economic & political challenges with PM Wickremesinghe
United States Secretary of State Antony J. Blinken spoke today with Sri Lankan Prime Minister Ranil Wickremesinghe, the US Department of State said. …
Opinion: Demand Destruction for Oil can solve Sri Lanka’s economic crisis
June 13, 2022 (LBO) - Sri Lanka is in the eye of its worst ever economic storm. It appears that with regard to every aspect of the economy, things …
UNOPS partners South Asia Co-operative Environment Program
UNOPS signed an Agreement with the South Asia Co-operative Environment Program (SACEP), an inter-governmental organisation headquartered in Sri …
CA Sri Lanka grants module-wise exemptions for ACCA & CIMA Students to become Chartered Accountants
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has decided to grant a series of module-wise exemptions for students who …
Hambantota Port achieves Record numbers for transshipment
Hambantota International Port (HIP) recently handled the largest RORO shipment of 2022 to date. M.V. Glovis Champion carrying 8,147 vehicles …
We are surprised by reports that you are preparing to nominate another person as CBSL Governor: CBEOU
The Central Bank Executive Officers' Union (CBEOU) representing all staff grades up to the Deputy Governor position of the Central Bank, says that …
President instructs to conduct formal study of Public Service; proposals to expedite disciplinary inquiries
President Gotabaya Rajapaksa has instructed to conduct a formal study on the public service with the aim of providing quality public service in a …
Foreign Minister Peiris in Singapore for official visit
At the invitation of the Minister for Foreign Affairs of Singapore, Dr. Vivian Balakrishnan, Minister Foreign Affairs Prof. G. L. Peiris …
UN calls for over USD 47mn for life-saving assistance to 1.7mn people in Sri Lanka
The United Nations team in Sri Lanka and non-governmental organisations launched a joint Humanitarian Needs and Priorities (HNP) Plan today, calling …
Stop offering renewable energy projects over 10MW on unsolicited proposals: Opposition
Opposition parties are demanding the government not to offer renewable energy projects generating over 10MW on unsolicited proposals. The Parliament …
No intention to take any minister post under this govt, says independent MP Champika Ranawaka
Opposition MP Patali Champika Ranawaka told parliament on Wednesday that he will function as an independent opposition parliamentarian from today. He …
India agrees to provide USD 55mn loan through Export-Import Bank to procure Urea
The Government of India has agreed to provide a $ 55 million loan through the Export-Import Bank of India for the procurement of Urea for the 2022/23 …
MAS Holdings launches Foundation for Change, a non-profit to tackle environmental issues
MAS Holdings, the Sri Lankan based design-to-delivery solutions provider, announced the launch of the ‘MAS Foundation for …
Current exchange rate arrangement: Background, positive impact thus far, and expected outcomes
This note is intended to explain to the general public the background to the current exchange rate arrangement, and the positive impact it has …
Russia’s Aeroflot suspends flights to Sri Lanka
Russia’s Aeroflot airline is suspending its flights to Sri Lanka after authorities arrested its Airbus A330 jet, according to the airline’s …
People’s aspirations for system change in governance incorporated in SJB’s 21 A: Eran
SJB Parliamentarian Eran Wickramaratne said that if the government has a genuine need to bring in a system change as demanded by the people across …
Colombo Port ranked most efficient in South Asia and Indian sub-continent : World Bank and S&P
No. 1 in South Asia/Indian Sub-ContinentNo. 3 among ports in the Indian Ocean RimNo. 22 among 370 ports Globally The Port of Colombo has been ranked …
3AxisLabs another welcome entrant to Jaffna’s IT ecosystem
By Jekhan Aruliah The Yarl Geek Challenge (YGC), run by the Yarl IT Hub, has been a launch pad for hundreds of IT careers, and for a number of …
Indian Prime Minister assures supply of fertilizer expeditiously: President
President Gotabaya Rajapaksa has said that Indian Prime Minister Narendra Modi has agreed to provide the fertilizer required for the Yala season …