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…
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…
Generating Business Ideas While on SLTB Buses Undertaking a journey on Sri Lanka Transport Board (SLTB) buses isn’t just about transit from one destination to another; it’s become a dynamic environment for innovative thinking and business idea generation. Navigating through the bustling streets and serene landscapes of Sri Lanka, these state-owned buses harbor potential for…
The island nation of Sri Lanka, historically known for its enchanting beauty and strategic maritime position, is charting a new course in economic transformation. At the crux of this journey lie the burgeoning sectors of Information Technology (IT) and biotechnology advancement, propelling the country towards innovation and global competitiveness. With continual efforts to bolster the…
In an ambitious move to bolster economic support for MSMEs, the Central Bank of Sri Lanka is ushering in a new era of recovery regulations. With a keen focus on fostering business revival, these measures are designed to provide a much-needed lifeline to the multitude of micro, small and medium enterprises that form the backbone…
As gatekeepers of professional standards, CMA Sri Lanka recently gathered the esteemed minds in the field of finance and management at the Cinnamon Grand for a momentous occasion. The inauguration of the National Management Accounting Conference 2023 underscored the emergent need for ‘Sustainability and Value Creation in an Economic Turmoil’. Alongside the conference, the Professional…
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…
Kodituwakku was speaking to the South China Morning Post at the Sri Lankan embassy in Beijing earlier this month, before the devastating Easter Sunday bombings, which have so far killed at least 290 people. Sri Lanka’s debts include loan repayments to individual nation lenders such as Japan and China, as well as to multilateral financial institutions like…
The Galle Literary Festival is an international literary festival held annually in Galle, Sri Lanka. In recent years the profile of the festival has increased substantially, with attendances by many internationally acclaimed and well-known writers, grabbing the eyes of international crowds attracting so many different people every year. The festival was founded in 2005 by…
The Sri Lanka Survey Department (SLSD), the national surveying and mapping organisation under the Ministry of Land and Land Development, has taken steps to revise the geographical map of the country after 18 years. The new map of Sri Lanka consisting of 92 maps in a 1:50,000 ratio is in progress, Survey General of Sri…
Ministry of Defense Cyber Operations Centre at Sri Lanka Air Force (SLAF) Headquarters was declared open by the Secretary to the Ministry of Defense Kapila Waidyaratne on Monday on the invitation of the Commander of the Air Force Air Marshal Kapila Jayampathy. The visiting Defense Secretary was welcomed to the new Cyber Operations Centre by…
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…
The Ministry of Sustainable Development and Wildlife has taken measures to increase the legal punishment for the killing of tuskers. Minister Gamini Jayawickrama Perera said, officials of the Department of Wildlife and the Attorney General’s Department will meet day after tomorrow to discuss further on the matter. Four tuskers were killed in the recent past….
In 8 coordinated attacks around Sri Lanka, 215 people were killed and 449 were injured. the death toll included 35 foreign nationals. the nationalities were USA, Denmark, Pakistan, India, Morocco, China, Japan and Bangladesh. 7 persons have been arrested and an island-wide curfew has been imposed until 6 a.m on Monday morning. Schools throughout the…
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.
“Success is where preparation and opportunity meet.” This powerful insight by racing driver Bobby Unser elegantly encapsulates the budding partnership between Japan and Sri Lanka. As Japanese investments in Sri Lanka pivot towards an era of reinvigoration, it becomes clear that the groundwork laid by the economic ties of nations can lead to formidable business…
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…
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…
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…
In a reaffirmation of its superiority in providing unbeatable connectivity and a superior user experience SLT-MOBITEL Mobile was again ranked as the most ‘fastest Mobile Network by Ookla the world’s leader in mobile and fixed broadband network testing software including data analysis and data. This recognition is a testimony to SLT-MOBITEL’s commitment to provide record…
The stability and growth of the Sri Lanka economy often hinge on the dynamics of foreign investment and the ebb and flow of financial markets. Amidst fluctuating global investment patterns, Sri Lanka is experiencing a critical economic juncture, with foreign holdings in government securities dwindling. The descent of these investments below the significant threshold of…
Amid its most challenging economic downturn post-independence, Sri Lanka is actively examining fiscal reforms, including a critical Sri Lanka tax policy alteration. The government’s contemplation of a VAT rate cut, anticipated to roll out in the second quarter of 2024, signifies a strategic maneuver within the 2024 tax amendments to reinvigorate economic growth. This tax…
As tensions and uncertainties cast a shadow over the India-China trade dynamics, the spotlight turns to India’s business reliability, positioning it firmly as a strategic partner within regional trade partnerships. Recent developments in South Asia bear witness to a significant transition in economic alliances, as exemplified by Sri Lanka’s strategic pivot towards Indian firms for…
Amid shifting global trade dynamics, a significant evolution is unfolding within India-China business relations. Tensions have heightened in the arena of international projects, with nations like Sri Lanka seeking partners typified by partnership stability. Sri Lanka’s decision to favor India over China for critical energy tenders exemplifies the changing landscape. This move away from Chinese…
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…
In an endeavor to energize Sri Lanka’s business revival, the Central Bank has introduced pivotal MSME recovery regulations. These regulations are designed to facilitate the resurgence of micro, small, and medium enterprises (MSMEs) by instituting business revival units within licensed banks. Each unit will specialize in assisting economically distressed businesses, steering them towards a path…