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.
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…
Two foreigners drowned in two separate incidents in the seas off Koggala and Thalpe in Habaraduwa last morning (29), the Habaraduwa Police said. A Dutch woman who was rescued by the life guards when she was being pulled by the strong currents in the sea succumbed to serious injuries upon admission to Karapita Teaching Hospital….
(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…
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…
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…
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…
COLOMBO (News 1st) Sri Lanka’s Central Bank Governor Ajith Nivard Cabraal stated that the country is required to resolve USD 12.5 Billion in debt through International Sovereign Bonds over the next seven years. Talking to the American-based CNBC Governor Scott said the outstanding foreign debt in 2022 will be around USD 6.9 Billion. “Out of…
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…
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…
Seven hundred buses representing the Kurunegala district have already left for Colombo carrying participants to the ‘Jana Balaya Colombata’ protest rally, which is planned to be held this evening (05), according to former Minister Jayarathne Herath. Kurunegala is the district represented by former President Mahinda Rajapaksa and populated by the most affected people, he added….
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…
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….
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 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 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 an unprecedented move that paves the way for a transformative era in South Asia, the Port City Colombo development has officially launched the creation of its premier park, a landmark event signaling Sri Lanka’s ascent on the economic horizon. This groundbreaking ceremony heralds the emergence of a new tech and commerce strategic hub, a…
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…
“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…
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…
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…
SEO Google expert Sri Lanka Transform Your Online Visibility Is your Sri Lankan business completely invisible online? Are you getting zero leads from search engines? You’re not alone, and we’re cutting straight to the chase. Meet Sampath Liyanage, the founder of SEO Sri Lanka. He is your proven SEO Specialist Sri Lanka, dedicated to transforming…