Sri Lanka’s Mobile Network Performance Lags Behind in South Asia: Analysis
In a recent analysis by Opensignal, which examined the mobile network experiences of smartphone users across the six most populated countries in South Asia, …
Industry
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PUCSL electricity tariff revision discriminatory: Advocata
Electricity tariff design must meet two main objectives: firstly, raising the money needed to pay for the costs of provision, and secondly, sending the right …
RIUNIT launches comprehensive reports on South Asia’s real estate market trends
In a significant stride towards fostering transparency and informed decision-making within South Asia's real estate landscape, the Research Intelligence Unit …
99x Launches Inspiring Scholarship Programme for Future Tech Leaders
99x has launched an inspiring scholarship programme aimed at empowering young minds who have excelled in their Ordinary Level and Advanced Level examinations. …
Opinion: Reforming tax incentive structure in Sri Lanka
The second tranche of the International Monetary Fund’s (IMF) Extended Fund Facility (EFF) was delayed as the country failed to meet some of the program …
Microsoft Sri Lanka Leads the Way in Harnessing AI for Business Transformation
Microsoft Sri Lanka recently hosted ‘Leading the Era of AI’, an event that presented a unique opportunity for partners and customers – from a cross …
Moody’s & Google Cloud Partner on Generative AI Applications Tailored for Financial Services Professionals
Moody’s Corporation (NYSE:MCO) and Google Cloud today announced a new strategic partnership to explore bringing together Moody's expertise in financial …
Fitch Affirms Melstacorp and Subsidiary Distilleries at ‘AAA(lka)’; Outlook Stable
Fitch Ratings has affirmed the National Long- Term Ratings of Sri Lanka-based conglomerate Melstacorp PLC and its subsidiary, Distilleries Company of Sri Lanka …
PUCSL approves Electricity Tariff Revision effective from today
The Public Utilities Commission Of Sri Lanka (PUCSL) has approved the electricity tariff revision effective from Oct 20, 2023, to June 30, 2024. Tariff …
University Business Link. Connecting Academic Inspirations to Commercial Markets
By Jekhan Aruliah Entrepreneurs turn ideas into business and money. Rubbish rescued from tips make valuable construction materials and fuels. Microwave ovens …
Imperative for SOE Reforms in focus at Sri Lanka Economic Summit 2023
The second session of the Sri Lanka Economic Summit 2023 titled ‘SOE Reforms – Now or Never’ will focus on the imperative for SOE reforms, sharing …
Re-designing Sri Lanka’s foreign policy, “need of the hour”: Eran
Sri Lankan’s economy is not standalone, but is interlinked with foreign policy, says SJB parliamentarian Eran Wickramaratne. "Whilst our internal decision …
Fitch downgrades Senkadagala Finance’s National rating to ‘BBB(lka)’, Removes RWN
Fitch Ratings has downgraded Sri Lanka-based Senkadagala Finance PLC's (Senka) National Long-Term Rating to 'BBB(lka)' from 'BBB+(lka)'. The Outlook is Stable. …
Japan-Sri Lanka Free Trade Zone to be established in Bingiriya and Iranavila areas
Minister of State for Investment Promotion Dilum Amunugama, announced plans to establish a Japan-Sri Lanka Free Trade Zone in the country. He mentioned that …
CSE creates awareness on Regulated Short Selling (RSS) through Stock Borrowing and Lending (SBL)
The Colombo Stock Exchange (CSE) conducted a series of virtual workshops and intends to continue more workshops on Regulated Short Selling (RSS) through Stock …
HIP breaks record in RORO Transshipment: Half a Million units handled
The Hambantota International Port (HIP) clocked half a million transshipment units for this year in September 2023, surpassing the port’s previous year’s …
Australia and Sri Lanka renew Trade and Investment Framework Arrangement (TIFA)
A renewed Trade and Investment Framework Arrangement (TIFA) was signed yesterday between Australia and Sri Lanka. Paul Stephens, Australian High Commissioner …
Fitch affirms four Sri Lankan finance and leasing companies’ ratings; off RWN; Outlooks stable
Fitch Ratings has affirmed the support-driven National Long-Term Ratings of four Sri Lankan bank subsidiary finance and leasing companies (FLCs). The Outlooks …
Ceylon Chamber expresses deep concern over continued delays in establishing Digital ID
The Ceylon Chamber of Commerce, together with industry stakeholders, stresses the vital importance of implementing a Digital ID system to propel the …
FitsAir celebrates one year of International Scheduled Passenger Services
FitsAir, the trailblazing privately-owned airline in Sri Lanka known for its affordability and punctuality, recently celebrated its one-year anniversary with …