CBSL to Launch a New Mechanism to Monitor Foreign Exchange Operations through Banking Sector in 2022
The Central bank of Sri Lanka (CBSL) is in the process of operationalizing an International Transactions Reporting System (ITRS) that will monitor both cross-border and foreign currency transactions in the…
Advocata Proposes Changes to Colombo Port City Commsion Bill to Maximize Economic Benefits for Sri Lankans
Colombo-based Pro-market Think-Tank, Advocata Institute proposed five key areas for the consideration of Sri Lanka’s Members of Parliament (MPs) in order to maximize the economic benefits of China-backed Colombo Port…
How Discovery and Warner Media plan to take on Netflix
It was a plot hatched in the utmost secrecy. After striking up a rapport over their shared interest in golf, Discovery chief executive David Zaslov and AT&T boss John Stankey…
Virtusa Founder and CEO Kris Canekeratne To Step Down Ending 25-Year Run
Virtusa Co-Founder and CEO Kris Canekeratne is setting down at- end of this June after growing the Global business consulting and IT outsourcing provider to $1.3 billion in revenue. Canekeratne along…
Mobitel extends the lead over Dialog in user experience, while Hutch emerges as the most improved in Q42020
Sri Lanka’s State-owned mobile telco operator, Mobitel extended its lead over Dialog Axiata in mobile network experience while Hutch emerge as the most improved mobile telco operator in Q42020. Holding…
Sri Lanka: Chinese come calling
by Col R Hariharan Chinese defence minister’s visit The recently held Quad summit, which transformed an informal framework of the US, India, Japan, and Australia, into a formal grouping with…
JLL Sri Lanka Joins SLASSCOM with Plans to Invest in Proptech Start-ups
Eyeing emerging Proptech Start-ups, Leading global commercial real estate services firm, Jones Lang LaSalle Incorporated (JLL)’s Sri Lankan unit joined the Sri Lanka Association for Software and Service Companies (SLASSCOM) which is…
Sri Lanka needs a resilient logistics system
By Winnie Wang Logistics carry dreams. Back in 2007, when I applied to graduate schools in the United States, nothing could beat the excitement of handing over my applications to FedEx,…
Sri Lanka’s mobile internet speeds yet to rebound to pre-pandemic levels
Sri Lanka’s mobile internet speeds are yet to rebound to pre-pandemic levels while, while Fixed Broadband speeds improved in March surpassing the pre-pandemic levels, according to Ookla’s latest Speedtest Global…
The real estate industry needs to transform to serve the needs of people and cities
The real estate industry needs to transform to serve the needs of people and cities in the next decade, according to a new report released today by the World Economic…