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…
Ward Place in Colombo has been closed for traffic from Town Hall due to a protest by university students, Ada Derana reporter said. The Inter University Students’ Federation (IUSF) organised the protest march in Colombo today (21), demanding solutions for the issues of South Eastern University students. The agitation is also against the recent statements…
uly 26, Colombo: The Dubai Police said they have recovered a rare blue diamond estimated to be worth $20 million which was stolen from a city company’s vault by a Sri Lankan security guard and smuggled to Sri Lanka in a shoebox. The diamond was stolen by a Sri Lankan who worked as security guard…
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…
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…
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…
Jan 16, Colombo: Skeletal remains of 300 people and human bones have been unearthed as of today from the mass grave found in Mannar in Northern Sri Lanka after the grave area has been expanded for a second time since the excavations began on May 28 last year, Senior Judicial Medical Officer Shaminda Rajapaksa said….
As a beacon of financial excellence in Sri Lanka’s financial landscape, LB Finance PLC has entered 2023 with a series of commendable achievements that reinforce its standing in the industry. The company’s dedication to best practices in financial reporting and corporate governance has been internationally acclaimed, securing multiple accolades that showcase its prowess. LB Finance’s…
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…
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…
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…
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…
(I) BACKGROUND TO THIS REPORT Over the past thirty two months, various inquiries, investigations and judicial processes in relation to Sri Lanka’s biggest-ever economic scandal, the Bond Scams of February 2015 and March 2016, have been carried out by different authorities. However, due to the complexity of this issue and the subsequent masterly cover-up attempt, the magnitude…
The landscape of Sri Lanka healthcare is undergoing a momentous transformation, with the Asiri Port City Hospital stepping into the limelight as a significant business pillar. Recognized for its strategic business importance, Asiri Port City Hospital, with its comprehensive healthcare development plan, is poised to revolutionize the nation’s medical services. Securing cabinet approval as a…
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…
As Sri Lanka’s corporate sphere eagerly approaches the most prestigious event of the year, the anticipation for the announcement of the National Business Excellence Awards 2024 reaches its peak. This eminent Corporate Awards Ceremony is poised to honor the most outstanding contributions to Sri Lankan Business Recognition, encapsulating the highest standards of Business Leadership and…
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…
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,…
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…
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…
The landscape of Sri Lanka’s corporate offices is undergoing a transformative shift with the establishment of the Port City Business Center. This innovative business hub marks a new era in modern professionalism, offering prime office space that caters to the demands of discerning businesses, both local and international. Situated in the heart of Sri Lanka’s…
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…
Strengthening Sri Lanka-France economic relations is paramount for both nations, especially as they continue to explore international trade opportunities. During a pivotal gathering of The Ceylon Chamber of Commerce, the Sri Lanka-France Business Council showcased its commitment to encouraging local business expansion into the French market. The move is expected to bolster export growth and…
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…
SriLankan Airlines, the national carrier of Sri Lanka and a member of the oneworld alliance, achieved the highest ever monthly revenue in Company history in December 2017. The air-transport operation of the Company recorded a stand-alone revenue of US Dollar 100.1 million – the first instance in the 38-year history of the airline where monthly…
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…