Category: Other
Ceylon Chamber Submits Recommendations to Strengthen Draft Public-Private Partnership Bill
The Ceylon Chamber commends the Government’s effort to introduce a legislative framework for PPPs through the Draft Public-Private Partnership (PPP) Bill, which is a requisite precursor to enhancing Sri Lanka’s ability to attract private investment in infrastructure and service delivery. Amidst a tight fiscal environment for the Government, we believe PPPs will be conducive for […]
Building Bridges Through IVLP: A Sri Lankan Entrepreneur’s Journey Across America
When Jehan Wijesinghe boarded his flight to Washington, D.C., he wasn’t just traveling to the United States. He was stepping into a rare opportunity: the International Visitor Leadership Program (IVLP), the U.S. State Department’s flagship professional exchange. This year, he had the privilege of being the only delegate from Sri Lanka, joining peers from 18 […]
HNB felicitates employees who completed 25 years of service
Sri Lanka’s leading private sector bank, HNB PLC organized a ceremony recently to felicitate their employees who completed 25 years of service at the Bank. HNB organized a gala event to recognize 160 employees who had joined in 1999/2000. This highly anticipated event was attended by HNB Managing Director and CEO Damith Pallewatte, SVP/Chief Human […]
World GDP Forecasts Raised, but Evidence of US Slowdown Accumulates: Fitch Ratings
Fitch Ratings has raised its world growth forecasts for 2025 moderately since the June Global Economic Outlook (GEO) on better-than-expected incoming data for 2Q25. But there is now evidence of an underlying US slowdown in ‘hard’ economic data and positive surprises on eurozone growth have partly reflected US tariff front-running. Fitch still expects world GDP […]
Sri Lanka’s CIABOC Chairman Meets World Bank Officials on Strengthening Asset Recovery Framework
The Chairman of the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) of Sri Lanka, Justice Neil Iddawala, met today with Laura Pop, Neha Maryam Zaigham, and Emile van der Does de Willebois of the World Bank at the UN Secretariat in Vienna (MOE 100). The discussions focused on the effective implementation of Sri […]
Godawaya Shipwreck Preservation Project Marks Milestone in US–SL Maritime Partnership
U.S. Ambassador Julie Chung and Minister of Buddhasasana, Religious, and Cultural Affairs, Dr. Hiniduma Sunil Senevi, today inaugurated the Godawaya Shipwreck Exhibition at the BMICH in Colombo, together with the Central Cultural Fund’s Maritime Archaeology Unit (MAU). The event marked the culmination of the multi-year Godawaya Shipwreck Project, funded through the U.S. Ambassadors Fund for […]
Sri Lanka Launches Banana Tissue Culture Laboratory to Boost Fruit Value Chain Development
The North Central Provincial Department of Agriculture inaugurated a state-of-the-art Banana Tissue Culture Planting Material Production Laboratory at the In-Service Training Institute in Maha Illuppallama, North Central Province, with technical assistance from the Food and Agriculture Organization of the United Nations (FAO) under the South-South Cooperation (SSC) Programme with the People’s Republic of China. The […]
Hambantota Port Emerges as Marine Biodiversity Hotspot with Over 8 Unique Fish Species
A new baseline study by the Department of Fisheries and Marine Sciences, at Ocean University of Sri Lanka has revealed a thriving ecological marvel beneath the waters of Hambantota International Port (HIP). Despite being an artificial breakwater, the reef at HIP now supports the highest diversity of reef-associated fish in Southern Sri Lanka, outperforming natural […]
Sri Lanka’s property market gains spotlight with Minoli Wickramasinghe on global stage
Minoli Wickramasinghe, Managing Director of Capital Trust Properties, recently represented Sri Lanka at two major international real estate forums in Singapore, spotlighting the nation’s evolving investment landscape and resurgence as a regional property destination. At the APAC Forum 2025, hosted by Leading Real Estate Companies of the World® (LeadingRE) under the theme “Connecting Beyond Borders”, […]
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 […]
Trial by Media: Bar Association of Sri Lanka Condemns YouTuber Predictions on Case Outcomes
The Bar Association of Sri Lanka (BASL) has issued a statement on August 25, 2025, regarding comments made on social media and other platforms about matters within the purview of the Judicial Service Commission and the Judiciary, which are both Independent Institutions. The Judicial Service Commission is a Commission consisting of the Chief Justice and […]
Fitch Ratings: Developed Economies’ Potential Growth Revised Up to 1.6-pct
Fitch Ratings has updated its five-year projections for supply-side potential GDP growth for the 10 developed economies (‘DM10’) covered in its Global Economic Outlook. The GDP-weighted average DM10 potential growth projection has been raised to 1.6% a year from 1.4% in the previous report in August 2023. This reflects more optimistic projections for the US, revised […]