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  • As ‘economic catastrophe’ looms, private sector demands immediate action from policymakers

As ‘economic catastrophe’ looms, private sector demands immediate action from policymakers

23 industry associations, representing private sector firms engaged in export, import andlogistics industries warned of catastrophic consequences for Sri Lanka’s economy and the people if the ongoing economic and political…

Linnean Society of London awards Dr.Rohan Pethiyagoda with Linnean Medal of zoology

Linnean Society of London has awarded veteran naturalist and zoologist Dr.Rohan Pethiyagoda with its prestigious Linnean Medal of zoology for the critical played by him in the understanding and conservation…

Veracity Group Positioned for Exponential Growth

Veracity Group, one of Sri Lanka’s fastest-growing technology services companies has structured itself with new appointments to key leadership roles as well as its four main divisions. Veracity Group aims…

Sri Lanka’s economic growth to slow down to 2.4% this year – ADB

Asian Development Bank (ADB) projects Sri Lanka’s economic growth to slowdown to 2.4% this year and to pick up slightly to 2.5% in 2023. “The outlook is clouded by Sri…

Fidelity among big Sri Lankan debt holders staring down risk

GLOBAL asset managers including Fidelity Investments and T Rowe Price Group could be staring down the risk of default in Sri Lanka in the face of a deepening economic crisis.…

edotco Sri Lanka partners with HUTCH to provide customized telecommunication infrastructure services

edotco Services Lanka (Private) Limited (edotco) recently inked an agreement with Hutchison Telecommunications Lanka (Private) Limited (Hutch) to provide customized ‘build-to-suit’ Multipurpose Smart Street Lamp pole infrastructure services. The partnership…

 Ceylon tea Industry in crisis over power cuts and fuel shortages 

The Colombo Tea Traders’ Association (CTTA), the apex private sector body comprising ofall Stakeholders namely Growers, Manufacturers, Brokers, and Buyers/Exporters warn of dire consequences if the current fuel and power…

Sri Lankan stocks slide by nearly 33%, world’s worst losers after Russia

(Bloomberg) : The boom in Sri Lanka’s stocks has turned to bust as a 33% slide renders the market the world’s worst performer this year after Russian equities. The slide in Sri…

Sri Lanka’s Central Bank delays Monetary Policy Announcement over political crisis

The Central Bank of Sri Lanka (CBSL) has delayed the announcement of the Monetary Policy Review decision which was scheduled for tomorrow with the resignation of the CBSL Governor, Ajith…

Sri Lanka’s ICT and Startup community concerned over the future of the ecosystem

We represent the product, services, and startup companies of the ICT ecosystem in Sri Lanka. This community is a free and an independent group of industry leaders who deeply value…