Business News

29/08/2023

The Women's Policy Action Network is hosting a conference today from 4:00 p.m. onwards at the Lavender Hall, BMICH. This discussion is supported by the Kingdom of the Netherlands and facilitated by Advocata Institute.

22/05/2023

Sri Lanka Signs Contract Agreement with Sinopec to Secure Fuel Supply 👉 www.businessnews.lk

08/05/2023

Prime Minister Urges Fisheries Sector to Boost Exports to Meet High European Demand for Fish 👉 https://rb.gy/qhyq2

08/05/2023

Sri Lanka aims to attract 02 million Indian tourism by the end of 2023 👉https://rb.gy/vjhso

06/05/2023

King Charles III and Queen Consort Prepare for First Coronation in 70 Years 👉 https://rb.gy/iak07

04/05/2023

HNB collaborates with WEBXPAY to provide cutting-edge direct payment solutions to MSMEs 👉 https://rb.gy/2rq5a

Tag: WEBXPAY

03/05/2023

☑️ Presidential Secretariat Establishes Task Forces to Simplify Business Processes
👉 https://rb.gy/twpju

02/05/2023

Daraz-SLASSCOM report on E-commerce adoption highlights pathways for the growth of digital commerce in Sri Lanka 👉 https://rb.gy/3ufas

Tags: Daraz.lk , SLASSCOM Sri Lanka

01/05/2023

President Ranil Wickremesinghe, during a recent discussion at the President's Office, emphasized the potential of Artificial Intelligence (AI) technology in contributing to Sri Lanka's development.

He instructed officials from the Ministry of Technology to create a presidential task force consisting of AI experts and prepare a concept paper to promote AI usage in various fields, including agriculture, education, health, fisheries, and industry. - https://rb.gy/w9dfi

01/05/2023

State Minister of Finance Ranjith Siyambalapitiya announced that the Inland Revenue Department (IRD) has exceeded its revenue targets in the first quarter of the year, generating a total revenue of USD 316 billion, which exceeds the expected revenue of USD 302 billion by 105%. - https://rb.gy/193qv

21/04/2023

20/04/2023

President Ranil Wickremesinghe: Children’s Education Will Not Be Held Hostage

• Submit a specific program including alternative proposals and solutions before the end of this week regarding the evaluation of A-level answer scripts.
• Make immediate plans to make education an essential service – President instructs education authorities.

👉 https://rb.gy/3yyws

18/04/2023

Asiri Port City Hospital Inks $100M Deal with Colombo Port City Economic Commission for New Hospital Project, 👉 https://rb.gy/i864h

Tag: Port City Colombo , Asiri Hospital PLC

17/04/2023

Emirates Skywards partners with Dilmah Tea to offer members exclusive tea-inspired experiences : 👉https://rb.gy/5u5ml

Tags: Emirates, Dilmah Tea

16/04/2023

🛫 Air Seychelles, the national carrier of the Republic of Seychelles, has announced plans to launch twice-weekly flights from its hub in Mahe, Seychelles, to Colombo, Sri Lanka, starting from June. The inaugural flight will take off from Mahe on 20th June 2023, further enhancing connectivity in the Indian Ocean region. 👉
https://rb.gy/aw6ef

14/04/2023

Happy Sinhala & Tamil New Year to All Sri Lankans!

13/04/2023

Japan, France, and India to unveil new platform for restructuring Sri Lanka’s debt, announced by Japanese Finance Minister Shunichi Suzuki on Wednesday. 👉
https://rb.gy/2l76u

12/04/2023

Parliament to Discuss IMF-EFF on April 25
• Political parties can decide whether to support their country or not -Says Mr. Sagala Ratnayake 👉 https://rb.gy/h19sz

11/04/2023

The World Bank has reaffirmed its commitment to assisting Sri Lanka in stabilizing its economy, strengthening social protection measures, and restoring growth. Managing Director of Operations Anna Bjerde conveyed this message during a meeting with State Minister of Finance Shehan Semasinghe in the United States on April 11. 👉 https://rb.gy/tb02k

11/04/2023

Nuwara Eliya to provide maximum support for economic growth through streamlined program – Pres. Ranil Wickremesinghe

• Instructions from the President to provide a formal water management program in the city and provide permanent solutions to the drinking water problem.
• Nuwara Eliya city should be developed maintaining a tranquil environment instead of tall buildings
• Let’s all rally for the new program for the country stepping out of the traditional framework -Says the President

President Ranil Wickremesinghe directed officials to develop a formal plan aimed at maximizing the contribution of the Nuwara Eliya District, a major tourist city, to the Sri Lankan Government’s program to establish a stable economy within a four-year timeframe.
👉 https://rb.gy/em897

09/04/2023

‘Igenumata Athwelak’ by Daraz Cares Supports Over 400 Students with School Supplies
👉 https://rb.gy/cbsx0

09/04/2023

Softlogic Life showcases impressive growth at Investor Forum and shares plans beyond 2023
👉 https://rb.gy/n9jqq

09/04/2023

International Monetary Fund (IMF) chief Kristalina Georgieva said she told China's new top economic official, Li Qiang, that China must accelerate its work to reach debt restructuring agreements for countries like Zambia, Ghana and Ethiopia. 👉 https://rb.gy/pejki

08/04/2023

According to the recent figures published by the Central Bank of Sri Lanka (CBSL), the foreign remittances of Sri Lankan migrant workers witnessed a significant increase in March 2023.

The workers' remittances amounted to USD 568.3 million last month, marking an increase of more than USD 161 million from February 2023. 👉 https://rb.gy/iaunl

08/04/2023

Mr. Sagala Ratnayake, Senior Adviser to the President on National Security and Chief of Presidential Staff, chaired the final discussion in a series held with World Bank representatives on Sri Lanka’s Development Policy Operational Program on Thursday (06).

At the Presidential Secretariat meeting, the World Bank representatives lauded Sri Lanka’s Development Policy Operational Program for the remarkable progress it has achieved in advancing its development objectives. 👉 https://rb.gy/90q9a

04/04/2023

The Chairman of SEC, Mr. Faizal Salieh, met with representatives of the stock broking industry on 20thMarch 2023 at the SEC and deliberated issues that currently impact the capital market and the way forward. 👉 https://rb.gy/wss2

04/04/2023

Litro Gas Reduces Domestic LP Gas Cylinder Prices

04/04/2023

• Absolutely no intention of seeking IMF assistance for the 18th time.

President Ranil Wickremesinghe announced that the agreement with the International Monetary Fund (IMF) would be presented to Parliament for a vote on whether to support it. Following this, the key points of the agreement would be enacted into law. 👉 https://rb.gy/jaax

03/04/2023

According to data from the Central Bank of Sri Lanka, tourist arrivals in February 2023 rose to 107,639, compared to 102,545 in January 2023 and 96,507 in February 2022.
👉 https://rb.gy/crvf

03/04/2023

Recognised for driving exemplary standards, eChannelling, Sri Lanka’s largest channelling network, and arm of SLT-MOBITEL, was conferred the ‘Best Management Practices Company Award 2023’ in the category for Software Development/Heath care Service Provider. 👉 https://rb.gy/l91u

03/04/2023

Ceylinco Life’s sales professionals excelled at the recent SLIM National Sales Awards, winning 13 awards, including three Golds, three Silvers, and seven Bronzes for their outstanding sales performances and related achievements. 👉 https://rb.gy/369m

03/04/2023

President Ranil Wickremesinghe met with Mr. Bharat Lal, Director General of the Indian Institute of Good Governance, at the President’s Official Residence in Paget Road Colombo recently. 👉 https://rb.gy/71o7

02/04/2023

Breaking Barriers & Building Careers – Allianz Lanka Marks Women’s Day with Career Building Forum

The Allianz Lanka Women in Leadership Employee Resource Group recently hosted a special forum to mark International Women’s Day, with the aim of supporting, encouraging and inspiring Allianz Lanka’s women.

The forum, which was held on the 7th of March 2023, under the theme and topic of “Taking Charge of Getting the Career You Want and Deserve”, featured two leading female professionals as speakers; Nadija Tambiah, Head of Legal and Company Secretarial functions of the John Keells Group, and Thanuja Jayawardene, Head of Women’s Empowerment, Advocacy and Code of Conduct at MAS Holdings. 👉 https://rb.gy/rta4

02/04/2023

3M jackfruit trees plant program launches island wide - President

The first phase of the program to plant three million jackfruit trees across the country, under the theme ‘Guwan Hamuda Herali Perali’, was launched on Saturday (01st April 2023) at the Anuradhapura Air Force Base under the patronage of President Ranil Wickremesinghe. 👉 https://rb.gy/6cjs

30/03/2023

Launch of Women’s Policy Action Network Reforms to Empower Women During an Economic Crisis

30/03/2023

The Advocata Institute is launching the Women's Policy Action Network followed by a panel discussion on 'Reforms to Empower Women During an Economic Crisis' with Shiromal Cooray, Shan Yahampath, Sumini Siyambalapitiya, Sampath Thrimavithana, Anarkali Moonesinghe and Roshan Perera

30/03/2023

The construction sector’s problems will be addressed gradually as the country’s financial situation improves, said Mr. Sagala Ratnayake, the Chief of Presidential Staff and Senior Adviser on National Security to the President. 👉 https://rb.gy/e8zs

30/03/2023

President Ranil Wickremesinghe said that it is crucial for students in the country to have comprehensive knowledge of modern technology and continually update themselves with the latest advancements to prepare for the future. This will enable them to take over the country by 2048. 👉 https://rb.gy/2zo4