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SL Properties Gain Increased Interest among Overseas Buyers: Report
Overseas buyer interest in Sri Lankan properties increased by 40% in 2022, compared with the year before, according to the Real Estate Market Outlook Report 2023, published by Sri Lanka’s leading real estate portal, LankaPropertyWeb. The report said that traffic from overseas countries such as the United Kingdom, Australia, the United States, Canada, and Middle-Eastern […]
SLT-MOBITEL Enterprise, first in SL to obtain VMware Cloud Verified Certification with VCF cloud deployment
SLT-MOBITEL, the National ICT Solutions Provider of Sri Lanka, has announced that it has become the first service provider in the country to obtain VMware Cloud Verified Certification with VCF deployment. This global program identifies the most trusted cloud providers delivering services running on VMware technology. The certification provides a secure and compatible private cloud […]
RIU to host webinar on achieving debt sustainability and safeguarding social wellbeing
The Research Intelligence Unit (RIUNIT) is hosting the webinar entitled ‘lessons from Sri Lanka’s sovereign debt crisis’ on 22 February 2023, which aims to draw international lessons from the current economic crises. An extremely high powered panel includes Ali Sabry, Attorney-at-law and the current Minister of Foreign Affairs, Sri Lanka; Yanis Varoufakis, former Minister of Finance, […]
‘s signal: Eran
SJB Parliamentarian Eran Wickramaratne said that what President signaled implies that he would not hold the elections, he would protect Rajapaksas for the rest of his term and he would do what he can. It also seems that the President is moving towards a system that violates the Constitution and laws related to elections. Addressing […]
Australia keen to invest in SL mining, energy and agriculture sectors
With Australian companies increasingly eager to explore investment opportunities in Sri Lanka, trade and investment promotion and facilitation activities can play a vital role in fast-tracking foreign direct investment, High Commissioner for Australia in Sri Lanka His Excellency Paul Stephens stated at a recent meeting at the Ceylon Chamber of Commerce. Stating that Australian companies […]
Senior USAID official visits Sri Lanka to understand needs of food-insecure communities
The United Nations World Food Programme (WFP) welcomed Stephanie Wilcock, Director for Asia, Latin America and the Caribbean of the U.S. Agency for International Development (USAID)’s Bureau for Humanitarian Assistance (BHA) on a visit to Sri Lanka. During the visit, Wilcock met with poor rural communities to understand their food and nutrition needs, and how […]
TISL files FR case regarding controversial medical supplies procurement through Indian Credit Line
Transparency International Sri Lanka (TISL) today filed a fundamental rights petition (SC/FR 65/2023) in the Supreme Court naming 47 Respondents, in relation to the steps taken by the Cabinet of Ministers, the Minister of Health, the Ministry of Health, and the National Medicines Regulatory Authority (NMRA) to procure medical supplies from two Indian private companies. […]
US Support Trains Public Sector Accounting & Auditing Professionals on Accounting Standards & IT
The first group of Sri Lankan public sector accounting and auditing professionals participated in Sri Lanka Public Sector Accounting Standards 11-20 through a training by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and its public sector wing, the Association of Public Finance Accountants of Sri Lanka (APFASL). The U.S. Government, through […]
French Ambassador assures France’s support to Sri Lanka
France stands ready to support Sri Lanka in its efforts to restructure its debt, Ambassador for France His Excellency Jean-François Pactet announced at a recent meeting with the Sri Lanka France Business Council of the Ceylon Chamber of Commerce. Attended by the Ambassador Designate of Sri Lanka to France Mrs.Manisha Gunasekera, members of the French […]
Sri Lanka electricity tariff revision breakdown
With immediate effect, Sri Lanka’s power regulator, the Public Utilities Commission Wednesday approved a 66 per cent hike in electricity tariffs. The rate hike is expected to generate an additional income of 287 billion rupees for the Ceylon Electricity Board and was done with the approval of three commission members of the PUCSL. However, Chairman […]