Author: Ashanthi Ratnasingham
ADB approves USD100 Mn to strengthen macroeconomic resilience, transparency in Sri Lanka
The Asian Development Bank (ADB) has approved a $100 million financing package to build on Sri Lanka’s progress toward macroeconomic stability and to help achieve sustainable growth following the economic crisis. This will be done by strengthening public expenditure management, improving revenue mobilization, and fostering private sector participation. “Sri Lanka has made commendable progress in […]
WCIC’s 40th anniversary celebrations continue with empowering future female entrepreneurs workshop
As part of its year-long 40th Anniversary celebrations, the Women’s Chamber of Industry and Commerce (WCIC) hosted another flagship initiative, Empowering Future Female Entrepreneurs, at Trace Expert City. The event brought together 60 ambitious female undergraduates from 16 universities across Sri Lanka for a full day of learning, mentorship, and inspiration. The program is one […]
Sri Lanka launches National Climate Finance Strategy to drive resilience and net zero transition
As the global climate crisis intensifies, countries like Sri Lanka are grappling with the dual challenge of managing climate risks while financing a just transition. With climate-related damages exceeding LKR 50 billion annually,[1] financing climate action is central to Sri Lanka’s development agenda. Led by the Ministry of Finance, in collaboration with the United Nations Development […]
Opinion: A safer digital space for Sri Lankan young minds to learn, explore and create
By Ferdous Mottakin, Head of Public Policy & Government Relations for SouthAsia at TikTok When I think about the potential of digital platforms, I don’t see them as just platforms for trends or entertainment. I see them as potential bridges for connecting young minds with each other to share ideas, knowledge, and opportunities. In Sri […]
Galle Lit Fest expands global reach with new memberships, patronage, and advisory committee
Galle Literary Festival (GLF) is entering a bold new chapter as it prepares for its 13th edition in JanuaryWith an expanded membership programme, the addition of influential patrons, and a newly formed Advisory Committee, GLF is strengthening its position as one of South Asia’s most significant cultural events and as a growing platform for international […]
Exporters warn against backdoor charges, urge Government to uphold transparent trade practices
The Joint Chambers of Commerce today urged the Government of Sri Lanka to engage in meaningful consultation with all recognized industry chambers before making decisions that directly impact trade, exports, and the wider economy. The call comes in response to renewed lobbying efforts by certain shipping agents and intermediaries seeking to reintroduce anti-competitive terminal handling […]
Samsung Sri Lanka unveils One UI 8 beta program: Pioneering AI for new Galaxy foldables
Samsung Electronics has officially announced the launch of its One UI 8 Beta Program, marking the dawn of a new generation in mobile software intelligence. Sri Lankan users can look forward to a revolutionary AI experience with the upcoming One UI 8, designed to redefine how Galaxy devices interact with their users. This first-generation upgrade […]
Building dreams, driving change: BYD gains ground in Sri Lanka’s auto market
The world’s leading New Energy Vehicle (NEV) brand, BYD is making significant inroads in Sri Lanka’s automotive market just months after entering the country. Since the easing of import restrictions in early 2025, the brand has rapidly gained traction among Sri Lankan consumers, with growing demand for its electric and plug-in hybrid vehicle range. The […]
Navigating Sri Lanka’s digital future: A conversation with Dr. Hans Wijayasuriya
By Ashanthi Ratnasingham Sri Lanka is entering a defining chapter in its digital journey—one that could reshape how citizens live, work, and connect. As global economies accelerate toward smarter governance, inclusive connectivity, and resilient digital infrastructure, Sri Lanka is laying the groundwork to leapfrog into a digitally empowered future. Leading this transformation is Dr. Hans […]
She shapes the fabric: Women lead the charge in Sri Lanka’s apparel industry transformation
In the heart of Sri Lanka’s bustling apparel sector, where fabrics are woven into garments that travel the world, a quieter revolution is taking place. This revolution isn’t marked by grand speeches or flashy headlines. This transformation isn’t driven by grand speeches or flashy headlines. It unfolds quietly, one story at a time, as a […]
MAS Holdings to gain greater access to growing Indian market with expansions in Odisha, India
MAS Holdings, South Asia’s largest apparel manufacturer, marked a significant milestone in its global expansion by breaking ground for its first facility in the state of Odisha, India. This strategic initiative builds on MAS’ long-standing presence in India while strengthening its regional production capabilities and giving it a strong foothold to access the fast-growing Indian […]
” platform for the digitalization of all government payments
Three new digital initiatives will be introduced Friday, 07 at the Presidential Secretariat under the patronage President Anura Kumara Disanayake. The initiatives include the launch of the ‘GovPay’ platform for the digitalization of all government payments, expanding the services of the President’s Fund from the main office in Colombo to the Divisional Secretariat level, and the introduction of […]