The finance minister of Sri Lanka held talks with a top International Monetary Fund (IMF) official on Monday, two sources stated, as Sri Lanka searches for assistance in dealing with its descending reserves, a slipping currency, and rising inflation. Two finance ministry officials told Reuters that IMF Asia and PacificContinue Reading
DIMO, a leading diversified conglomerate in Sri Lanka, presented two LOVOL harvesters to Mr. P. G. D. F. Piyarathne from Nuwaragala and Mr. D. A. Senarathna from Galenbindunuwewa, who were the lucky grand prize winners of the ‘DIMO Wishwasaya Wasiya’ raffle draw, DIMO’s revolutionary initiative offering grand prizes worth over Rs.Continue Reading
HUTCH, the country’s fast growing choice for mobile communication services launched their mega recharge promotion with specially selected giveaways that are very helpful for this challenging economic times. The promotion titled “Hutch HARIcane’ gives all Hutch customers a chance to win prizes on every Rs 100 or more Hutch rechargeContinue Reading
SLT-Mobitel, The National ICT Solutions Provider, announce as part of the Digital Partnership initiative, the Strategic Collaboration with Softlogic IT, in introducing Data Exchange and Analytics Services. This essentially enables businesses to adopt a data driven approach in solving problems and gaining deeper insights in data using the tools andContinue Reading
The Ceylon Institute of English & Leadership (CIOEL) is one of Sri Lanka’s largest online English language training institutions. CIOEL specializes in all facets of English Language Training, from basic to advanced, and caters to the needs of undergraduates, working executives, job seekers, athletes, and professionals. The institute also understandsContinue Reading
We are only a month away from Sinhala and Tamil New year celebrations and the country’s economic outlook seems grim at the moment. It is as if we are in the midst of a rare economic crisis. As for the country’s present situation, there would have been a number ofContinue Reading
The Mediation Boards Commission (MBC) of Sri Lanka, together with the Ministry of Justice, launched a convenient dispute intake system for the public by introducing a dispute intake box at the Divisional Secretariat level. This is expanding the Community Mediation Boards’ (CMB) Chairperson’s jurisdiction and making it easier for CMBsContinue Reading
The newly launched Hatch Makerstudio is a community workspace designed for innovators, providing access to state-of-the-art digital fabrication technology and equipment for startups and individuals to prototype and test their innovations. It is an ideal platform for creative thinkers to collaborate and drive innovation in product development and manufacturing aimingContinue Reading
The Personal Data Privacy Act will apply to any entity processing personal data wholly or partly in Sri Lanka, and/or processing or monitoring personal data of data subjects in Sri Lanka. Appointment of Data Protection Officers will be mandatory for companies processing high volumes of personal data and good practiceContinue Reading
A Gazette Extraordinary has been issued by the Department of Import and Export Control limiting the import of 367 non-essential goods to Sri Lanka. Accordingly, the Imports and Exports Control Regulation No 05 of 2022; Imposing requirement of Import Control License (ICL) on selected items comes into effect at midnightContinue Reading