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Month: December 2021

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  • LANKAQR transactions top Rs. 1 billion in value in 3Q

LANKAQR transactions top Rs. 1 billion in value in 3Q

Sri Lanka’s standardized National Quick Response code – LANKAQR based transactions topped Rs. one billion in value for the first time in the third quarter of 2021. With a total…

Sri Lanka’s Business Chambers urge the Government to seek IMF Support

Sri Lanka’s top business chambers urged the government to seek the support of the International Monetary Fund (IMF) as the forex crisis deepens pushing some businesses to consider relocating and…

Sri Lanka’s government to acquire unutilized lands of plantation companies in six months – Labour Minister

Minister of Labor Nimal Siripala de Silva says that the government has decided to distribute the abandoned lands of the plantation companies to the plantation workers or the youth of…

Sri Lanka economy contracts 1.5% in 3Q

(Reuters) – Sri Lanka’s economy shrank 1.5% in the third quarter from a year earlier due to a third COVID-19 wave that peaked in August hitting industries and services, the government…

EU strengthens protection against economic coercion

The European Commission has today proposed a new tool to counter the use of economic coercion by third countries. This legal instrument is in response to the EU and its…

Most Sri Lankan Exporters Grappled with high costs and shortages in sourcing inputs for exports

Most of Sri Lanka’s exporters are grappled with high costs in sourcing export inputs with some exporters are struggling to source export inputs while facing shortages, according to a recent…

EVOPLAY – ශ්‍රී ලංකාවේ ප්‍රථම අද්විතීය විනෝදාස්වාද ඩිජිටල් වෙළඳ ප්‍රචාරණ මාධ්‍යය

දුරකතන සේවා සමාගම් සඳහා අගය එකතු කළ සේවාවන් (VALUE ADDED SERVICES) සපයන ශ්‍රී ලංකාවේ ප්‍රමුඛතම විනෝදාස්වාද සේවා සන්නාමයක් වන EVOKE INTERNATIONAL සමාගම විසින් විවිධ පාරිභෝගික කාණ්ඩයන් ඉලක්ක කරගත් ඩිජිටල් විනෝදාස්වාද…

President Biden Appoints Former U.S Ambassador to Sri Lanka Alaina B. Teplitz as Assistant Secretary of State for Administration

Today, United States President Joe Biden announced he has appointed Alaina B. Teplitz to serve as Assistant Secretary of State for Administration. Ambassador Alaina B. Teplitz is a career member…

Evoke to power ‘Caller Tunes’ for SLT-MOBITEL

Sri Lanka’s pioneering entertainment brand concentrating on delivering Value Added services to Telecommunications Service Providers, Evoke International Limited has partnered with SLT-MOBITEL to launch ‘Caller Tunes’. The service allows SLT-Mobitel…

LOLC Group Locks In Leasehold Rights of another Two Land Plots in Colombo Port City for $98M

Browns Investment PLC, the strategic Investment Arm of Ishara Nanayakkara-controlled LOLC Group moves to invest in key leisure and tourism projects of Chinese-backed Colombo Port City (CPC) as it secured…