• Sat. May 28th, 2022

Tourism

Sri [email protected], with U.S. Support, Hosts Exponential Growth Webinar

Sri [email protected], with support from the United States, hosted a public webinar featuring Paul D. Roberts, an expert in methods for companies and entrepreneurs to leverage evolving technologies such as artificial…

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…

Sri Lankan Consumers Shifts to dining from home at a Uber Speed in 2020 – CAL Research

In line with the global shift in course towards dining from home, the Sri Lankan private consumption expenditure on dining out in restaurants and hotels experienced a steep decline whilst…

Sri Lanka’s Banking Sector’s MSME Lending Portfolio Among Weakest in Asia-Pacific

Despite much hype, Sri Lanka’s banking sector’s to Micro, Small and Medium-sized Enterprises (MSMEs) lending portofolio is one of the poorest in the Asia-Pacific region in terms of loan disbursements…

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…

Intermediate Care Facility at Jetwing Beach by Ninewells Start Welcoming Covid-19 Positive Patients

The 5-star Jetwing Beach Hotel in Negombo today (3rd of May) started operations as an Intermediate Care Facility in partnering with Access Group’s Ninewells Hospital to offer world-class health & safety with…

Sri Lanka Declares Worst Economic Downturn in 73 years

(AFP) : Sri Lanka announced Friday that its economy shrank 3.6 percent last year due to the Covid-19 pandemic, making it the worst downturn since independence from Britain in 1948.…

Singapore to stop entry of visitors from Sri Lanka and two other SA countries

(PTI): Singapore will stop the entry or transit to visitors with recent travel history to Bangladesh, Nepal, Pakistan and Sri Lanka from May 2 following “deterioration” of coronavirus situation in…

Former US Ambassador to UN Samantha Power Secures Senate Vote to Become the New USAID Administrator

The Former United States (US) Ambassador to the United Nations (UN) Samantha Power was confirmed by United States Senate as the nineteenth Administrator of the United States Agency for International…