Sri Lanka Embraces Indian Tourists with Virtual Launch of UPI Transactions via LankaQR

In a ground-breaking move aimed at enhancing the convenience and security of digital payments for Indian tourists in Sri Lanka, a virtual launch event marked the introduction of Unified Payments Interface (UPI) transactions through LankaQR this afternoon (12). The initiative, spearheaded by a collaboration between NPCI International Payments Limited (NIPL) and LankaPay (Pvt) Ltd, promises […]

Sri Lanka and Thailand to Sign Free Trade Agreement in February 2024

The 8th round of negotiations for the Sri Lanka-Thailand Free Trade Agreement (SLTFTA) concluded successfully on November 29th, paving the way for a historic deal to be signed in February 2024. The negotiations, co-chaired by the Chief Negotiators of both countries, Auramon Supthaweethum (Thailand) and K. J. Weerasinghe (Sri Lanka), saw both sides agree to […]

Suvasarya Pioneers Mixed Reality in Asian Ambulance Service with Pilot Projects in Colombo & Jaffna

Today marks a significant step forward for 1990 Suvasarya, as the ambulance service becomes the first in Asia to adopt mixed reality and AI technology for real-time doctor-paramedic communication. This innovative partnership with Wavenet and Microsoft marks a major advancement in emergency medical care for the region. Previously limited to phone calls, communication between paramedics […]

Sri Lanka Aims for RCEP Membership and Free Trade Agreements with ASEAN: President

President Ranil Wickremesinghe revealed that Sri Lanka’s intention to join the Regional Comprehensive Economic Partnership (RCEP) is poised to materialize following the conclusion of credit optimization initiatives. Additionally, the President announced plans to initiate negotiations for the establishment of free trade agreements with corresponding ASEAN member countries. President Wickremesinghe’s statement underscores the country’s determination to […]

Japan, UNDP to support women’s economic wellbeing for smallholder farmer families in SL

The ongoing socio-economic crisis has had serious impacts on the agricultural sector in Sri Lanka. The rising energy costs and evolving climate change impacts have further exacerbated due to the situation. In response, the Government of Japan through the United Nations Development Programme (UNDP) in Sri Lanka, will provide approximately LKR 1,175 million (approx. USD […]

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