In today’s digital age, e-commerce businesses in Sri Lanka face stiff competition to attract and engage with potential customers online. With businesses relying heavily on their websites as the primary point of contact with their customers, implementing an effective search engine optimization (SEO) strategy has become more important than ever before. SEO plays a critical…
Back in the times of classic advertising, you needed to be concerned about digital marketing impressions and total return on investment (ROI) of your efforts, optimizing your job according to your limited funds and the limited options available. Technology has forced us to believe Digital and proceed for internet advertising, where new metrics have been…
Sri Lankan President Maithripala Sirisena has appointed seven members to the Office on Missing Persons (OMP) and handed over the over the appointment letters to the commissioners of the OMP on Wednesday at the Presidential Secretariat. The OMP law was passed in Parliament in Aug 2016 and the office became operational in September 2017 after…
ikman.lk, Sri Lanka’s largest online marketplace recently introduced ‘ikman Pay’ providing customers’ greater convenience and enhanced security across all its online payment options. Any ikman.lk service or product that requires payment can now be easily processed through ikman Pay https://pay.ikman.lk/ Combining all online payment options ikman Pay includes ikman.lk’s wide range of payment solutions such as…
Corporate ICT solutions have become the lifeblood of continued innovation and growth for Sri Lankan enterprises. Recognizing this essential factor, Dialog Axiata has emerged as a formidable ally to small and medium enterprises (SMEs) through its dedicated wing, Dialog Enterprise. A recent initiative called the ‘Future Proof Your Business Through Digital Transformation Exhibition’ was a…
Amidst the vibrant economic landscape of Sri Lanka, Port City Colombo emerges as a powerhouse for entrepreneurs and businesses, establishing itself as a premier Sri Lanka business hub. With its comprehensive corporate services and unparalleled investment opportunities, this beacon of commerce stands tall, heralding a new chapter in the island’s economic development. The Business Center,…
The landscape of logistics services in Sri Lanka is marked by the dynamic interplay of its vibrant import/export sector, robust freight forwarding capabilities, and ongoing efforts in trade facilitation. However, this environment is not without its trials, particularly when it comes to maintaining equitable terms of trade. In the realm of shipping and transportation, credit…
Several new artifacts have been found from a recent excavation at the Sigiriya Rock Fortress and a statue of a lion made from terracotta was among them. The excavation is currently underway in the northern water conduit of the Sigiriya Rock Fortress, Director General of the Central Cultural Fund (CCF) Prof. Prishantha Gunawardena said. Several…
Addressing an important Parliamentary session on March 20th, Sri Lanka’s State Tourism Minister, Diana Gamage, advocated for stronger enforcement of visitor visa regulations, and a decisive business activity crackdown. Her statement highlighted the urgent need for tourism policy enforcement to bolster Sri Lanka economic protection, especially in the Southern Province, where local enterprises have been…
Jan 22, Colombo: A research study published in Current Biology reports that the Sri Lankan elephants are scared of the sounds of honey bees and the honey bee colonies can be used to deter the elephants from roaming into villages and destroying the farmers’ cultivations. Playbacks of honey bee sounds have successfully been used for many years…
Sri Lanka’s budget openness in the latest survey has scored 44 out of 100, coming in next to last in South Asia, tied with Pakistan. Open Budget Survey, which scores 115 countries on the openness of their budget process, is the world’s only independent assessment of information disclosure in public budgets. The recent assessments of…
Sri Lanka’s Ministry of Shipping and Ports says last year 183 ships arrived at the Magampura Mahinda Rajapaksha Port in Hambantota Port. Out of these ships, 175 ships were cargo ships. In 2017, 126,514 tonnes have been unloaded at the Magam Ruhunupura Mahinda Rajapaksa Port and 46,835 tonnes have been shipped from the Port. The…
Mr. Moon Chan Kim the Co-founder and technical adviser of E&D Co., Ltd, a company which provides environment and energy technology solutions. Its products include EnDsel-PF, a device that reduces the particulate matter, carbon monoxide, and hydrocarbon emissions from diesel vehicles; and EnDsel-PPF, a solution for emission control from light and medium duty diesel vehicles. He…
COLOMBO: Singapore and Sri Lanka signed a free trade agreement on Tuesday (Jan 23) which will deepen economic ties and facilitates greater trade flows between the two countries. The Sri Lanka-Singapore Free Trade Agreement (SLSFTA) was signed by Singapore’s Minister for Trade and Industry (Industry) S Iswaran and Sri Lanka’s Minister for Development Strategies and…
The Department of Registration of persons has facilitated a one-day service for students sitting for the upcoming Ordinary Level Examinations to obtain their ID cards. Commissioner General Viyani Gunathilake said that IDs could be obtained at the main office of the department on November 25. The Commissioner General notes that the ID card need not…
In an impressive display of international trade relations, the Sri Lanka – Korea Business Council (SLKBC), under the auspices of The Ceylon Chamber of Commerce, recently spearheaded a compelling SLKBC event aimed at fortifying Sri Lanka-Korea business collaboration. This exclusive Business Networking Evening brought together a confluence of Members of the Council, esteemed diplomats, savvy…
The prestigious spotlight of international finance has once again turned to Sri Lanka, illuminating the impressive strides made by the Commercial Bank of Ceylon in 2023. In a remarkable feat that underscores its unyielding commitment to progress and adaptability, ComBank seized not one, but two distinguished accolades: ‘Best SME Bank’ and ‘Most Innovative Digital Bank’…
Amidst an ever-evolving economic landscape, the Asian Development Bank (ADB) has made a resolute commitment to stimulate economic development by providing a $100 million ADB loan extension to support SMEs in Sri Lanka. This initiative is poised to empower local enterprises, ensuring they have equitable access to financial growth opportunities essential for their expansion and…
Senior Attorney-at-Law Mr. Kandiah Neelakandan passed away this afternoon. He was Precedent Partner at Neelakandan and Neelakandan, a staunch rights activist, and last appeared on Face the Nation last year to discuss the future of national unity and reconciliation in Sri Lanka.
In a significant move to nurture the entrepreneurial spirit in Sri Lanka, People’s Bank has joined hands with the International Finance Corporation (IFC) to empower women entrepreneurs across the nation. This partnership stands as a testament to the enduring commitment of People’s Bank Sri Lanka and IFC towards the advancement of micro, small, and medium-sized…
The world of digital payments witnessed a transformative leap in Sri Lanka with the introduction of the Unified Payment Interface (UPI) facilitated by Dialog Genie Business. This leap not only engraved a significant milestone in the fintech landscape but also marked the expansion of a financial technology framework joining hands with a neighboring giant. As…
In a surprising twist of fate, Sri Lanka’s business landscape has catapulted to levels unseen since early last year. The latest Central Bank business survey unveils a substantial uptick in the 4Q23 economic analysis, painting a cautiously optimistic picture of the nation’s economic resurgence. The index, which stood at a modest 93, indicates a rally…
The Arugam Bay Girls Surfing Club in Sri Lanka is making waves, literally! The all-female surf club is shattering the stereotype that certain sports are meant only for men, and has become the country’s first officially-registered female surf club. The club’s president, Shamali Sanjaya is a 30-year-old mother from Arugam Bay. She organises beach cleanups and…
The heart of Sri Lanka’s economic recovery beats in the resilience of its small businesses. Amidst ongoing financial crises and the aftermath of a global pandemic, small businesses in Sri Lanka are emerging as crucial players in igniting SME growth and bolstering post-Covid-19 economic resilience. Considering the dynamic landscape of Sri Lanka economic challenges, it…
The Monetary Board of the Central Bank of Sri Lanka recently released Rules that make it obligatory for hotels and service suppliers to allow payment by residents of countries other than Sri Lanka, only in foreign currency. This Rules appear in Gazette Extraordinary No. 2263/41 of 21 January 2022. As per the publication of the…
Anna-Marie Ondaatje will represent Sri Lanka in the Rythmic Gymnastics event, at the Asian Games 2018 in Jakarta, Indonesia. Ondaatje represented Sri Lanka previously at the Gold Coast 2018 Commonwealth Games, where she finished in 11th position out of 16 in the Women’s individual all round finals, and became the first Sri Lankan gymnast to ever…
Amid Sri Lanka’s striving towards economic stability, VAT benefits emerge as a cornerstone of the proposed tax reform. With an eye on bolstering the tax-to-GDP ratio, crucial for robust fiscal health, the country considers amendments to its taxation framework. As part of the IMF stabilization program, Sri Lanka is urged to enhance its tax-to-GDP ratio,…