VIDEO: Storing data for thousands of years | Microsoft Project Silica
Microsoft's Project Silica can store and retrieve data in quartz glass using laser optics and Microsoft Azure, enabling more sustainable storage that can last …
Standard Chartered Sri Lanka strengthens regional ties with Correspondent Banking Conference 2023
Standard Chartered Sri Lanka announced the conclusion of its Correspondent Banking Regional Conference for 2023, held at the Galle Face Hotel on November 23 …
99x leadership transition: Mano Sekaram steps down, new CEO Hasith Yaggahavita
99x, the global technology services company rooted in Sri Lanka, proudly announces a leadership transition, signifying a pivotal moment in its journey. After a …
Research Intelligence Unit releases policy papers on Sri Lanka’s illicit markets
Research Intelligence Unit (RIUNIT) continues its groundbreaking efforts in shedding light on critical policy matters concerning Sri Lanka's economic …
Gavinro Investments introduces Sri Lanka’s first 300KM range EV commercial vehicle
Gavinro Investments, a distinguished player in the automotive space for over four decades, has joined hands with Sokon Singapore, a global leader in electric …
Air Arabia launches direct flights from Abu Dhabi to Colombo
Strengthening the connectivity between Sri Lanka and the UAE, Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier launched its …
CA Sri Lanka expands its presence in the United Kingdom with new overseas chapter
Embracing its role as a world-class professional body, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) continued to expand its global …
Constituent Change in the S&P Sri Lanka 20 Index
The Colombo Stock Exchange (CSE) announces the following change in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2023 …
Hirdaramani Apparel, Lacoste Foundation, and UNDP Collaborate to Empower 100 Families
Hirdaramani Apparel and the Lacoste Foundation have come together through the United Nations Development Programme (UNDP) in Sri Lanka’s facility for Private …
IMF Staff Mission Recommends Avoiding Further Monetary Policy Loosening in Sri Lanka
The International Monetary Fund (IMF) staff mission visiting Sri Lanka has concluded that further loosening of monetary policy could be detrimental to the …
Sri Lanka and Thailand to Sign Free Trade Agreement in February 2024
The 8th round of negotiations for the Sri Lanka-Thailand Free Trade Agreement (SLTFTA) concluded successfully on November 29th, paving the way for a historic …
FAO Delivers Climate Resilient ‘Unsinkable’ Boats & Model Fish Display Stalls to Strengthen Fisheries Sector
The Food and Agriculture Organization of the United Nations (FAO) handed over two specially designed climate resilient fishing boats and 30 modified fish …
Public Investment for SDG Financing in Sri Lanka: Reality or Myth?
By Dr Lakmini Fernando Realising Sustainable Development Goals (SDGs) by 2030 requires substantial investment allocation, especially for developing economies …
Ceylon Chamber Notes IMF’s First Review under the EFF Arrangement for Sri Lanka
The Ceylon Chamber of Commerce appreciates the Board approval of the International Monetary Fund's (IMF) completion of its first review under the 48-month …
Asia-Pacific Human Development Report calls for new directions to address rising inequality, climate change, and economic headwinds
The narrative of human development in Asia and the Pacific has been one marked by advancement, inequality, and unforeseen challenges. Against this backdrop, …
We cannot let our country go on like this, Let’s build a new country together: Eran
Eran Wickramaratne MP alleged that foreign investors do not come to this country not because of the lack of tax incentives, but because the country's laws are …
Patali Champika Ranawaka Slams Government’s VAT Hike and Economic Policies
Patali Champika Ranawaka, leader of the United Republic Front and Member of Parliament, denounced the government's decision to raise Value Added Tax (VAT) from …
Suvasarya Pioneers Mixed Reality in Asian Ambulance Service with Pilot Projects in Colombo & Jaffna
Today marks a significant step forward for 1990 Suvasarya, as the ambulance service becomes the first in Asia to adopt mixed reality and AI technology for …
IMF Completes First Review of Sri Lanka’s Economic Program, Disburses USD337 Mn
While Sri Lanka received a crucial USD337 million disbursement from the IMF today, the country's path towards full economic recovery remains dependent on …
ComBank raises Rs 12 bn. as Debentures are snapped up on opening day
The Commercial Bank of Ceylon has raised Rs 12 billion in capital with its Debenture issue closing after over subscription on its opening day, Tuesday 12th …