China begins construction of ‘world’s tallest’ dam

?AFP: China has begun building a 314-metre (1,030-ft) high dam which will be among the world’s tallest, officials said, as the country massively expands hydropower.

EU Commission proposes 7bn euro loan for Greece for July

?REUTERS: The European Commission is proposing to give a 7 billion euro (US $ 7.7 billion) bridge loan to Greece to cover the country’s financing needs in July using the European Financial Stability Mechanism (EFSM), according to document from the EU executive.

(ISC)2 Colombo Chapter elects new President

 International Information Systems Security Certification Consortium (ISC)2 Colombo Chapter, a community of Information Systems Security Professionals representing the parent organization in United States (www.isc2.org) 

Bond stars, JK Rowling warn over future of BBC

?AFP: Celebrities including James Bond stars Daniel Craig and Judi Dench and Harry Potter author J.K. Rowling urged the British government yesterday to protect the “precious” BBC as it negotiates a new funding settlement.

Benelux in Sri Lanka tourism: Perspective for future-learning from past

The Benelux [Belgium, the Netherlands and Luxemburg] has been an important region in the current tourism sector of Sri Lanka. The purpose of the study was to investigate the following questions.

British unemployment in surprise rise

?REUTERS: Britain’s unemployment rate climbed to 5.6 percent in the quarter ending in May, with the number of jobless up for the first time in over two years, data showed yesterday.

China’s Q2 GDP growth beats forecasts as stimulus kicks in

?AFP: China’s gross domestic product (GDP) expanded 7.0 percent year-on-year in the second quarter, official data showed yesterday, beating expectations as months of central bank policy stimulus helped support the world’s second-largest economy.

Harsha charges Cabraal of misleading public

Refuting the claims made by the Vidwath Janatha Pavura led by the officials of the previous regime that the country is suffering an economic downturn, Policy Planning Deputy Minister...

Mobitel partners with Microsoft as authorized Cloud Solution Provider

?The national mobile service provider Mobitel recently partnered Microsoft, the world’s leading software and services company, as an authorized Cloud Solution Provider (CSP) to introduce Microsoft cloud-based solutions for local businesses.

Leapset launches Restaurant 2.0 utilising Silicon Valley technology

With a single application enabling the customers to order food from any restaurant with ease, making it a single platform for consumers as well as the restaurants, Silicon Valley-based restaurant technology company ‘Leapset’ was launched in Sri Lanka recently. 

Renewal of US GSP: What it offers Sri Lankan exporters

President Obama signed the ‘Trade Preferences Extension Act of 2015’ on 29 June 2015, authorizing the renewal of the US GSP scheme, almost 2 years after it expired. 

Metropolitan launches world’s highest resolution, full-frame DSLR cameras

The Canon EOS 5DS and Canon EOS 5DS R Digital SLR cameras featuring the world’s highest resolution* among 35mm format DSLRs was launched in Sri Lanka ...

EAP’s Swarna Solutions leads way in group’s sustainability agenda

?Swarna Solutions Ltd., a subsidiary of the EAP Group recently announced that the company has obtained its internationally recognized CarbonNeutral certification.  

Third ‘Ease of Doing Business’ forum today

?The Finance Ministry will be holding the third ‘Ease of Doing Business’ forum today, at 2:00 p.m., at the fourth floor auditorium of MILODA, Academy of Financial Studies, (Old Times Building), Sir Razik Fareed Mawatha, Colombo 1.  

Economic forum to discuss value addition in agri exports

?Sri Lanka Economic Summit 2015’s second day sessions to be held on August 5 will kick start with the topic of ‘Championing Value Addition in Agri Exports’ – which will discuss ways and means of championing value addition.

Mahapola Lotto now priced at Rs. 20

?With a mission to facilitate inclusion for each and every Sri Lankan, lotteries innovator Mahapola Lotto recently introduced a new price for its M Lotto ticket. 

Will Glyphosate ban worsen tea industry woes?

Reading views expressed by certain eminent personnel in the tea industry, it is quite apparent that the woes of the country’s tea industry is likely to be worsened...

BBDO takes home inaugural Glass Lion Grand Prix at Cannes

?BBDO Worldwide affiliate BBDO India, Mumbai won the Grand Prix in the inaugural Glass Lion category at the Cannes Lions International Festival of Creativity 2015 held in Cannes, France recently for its ‘Touch the Pickle’ campaign for sanitary protection brand Whisper. 

WB report sheds light on SL’s unregulated audit industry

The local auditing industry, a sizable portion of which is unregulated, should be governed to improve the investor climate and strengthen small and medium enterprises (SME), a World Bank report said.

EMP named principal sponsor for ‘Construct 2015’ exhibition

?Electro Metal Pressings (EMP), a company in the engineering construction industry, has stepped up as the principal sponsor for the upcoming most sought after exhibition ‘Construct 2015’ in its 15th consecutive year under the theme ‘Build Your Dreams’.

Carson divesting Pegasus shares; move to comply with free float rules?

?Diversified conglomerate Carson Cumberbatch PLC may be divesting a minor segment of its shares in Pegasus Hotels of Ceylon PLC in order to maintain the leisure subsidiary’s listing on the Colombo Stock Exchange pursuant to the minimum float rules.

Sri Lanka’s future lies in quality education

Free education should be protected and developed further to cater to the talented students in the country. It is important to further develop free education in the country to be more systematic and produce employable graduates to take up the challenges and to harness opportunities globally. 

Thakral One Singapore hails Internet Society for recognizing Sri Lankan technology pioneers

?Thakral One (Pte) Ltd, Singapore recently commended the Sri Lanka chapter of the Internet Society for recognizing the technology pioneers who were instrumental in connecting Sri Lanka to the Internet backbone 20 years ago. 

BOC launches newest fortune branch in Borella

?As a part of BOC’s transformation process bank has transformed its fifth pilot fortune branch in Borella to offer customers the best banking experience. 

President, PM visit Central Bank

?The Communications Department of the Central Bank of Sri Lanka yesterday released pictures of President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe visiting the Central Bank premises on July 9.

Dialog launches customer trial in Colombo with 100 Mbps Home Broadband

Dialog Broadband, a subsidiary of the Dialog Group announced on 14 July the commencement...

Guru.lk launches course on ‘Effective Communication’ with Niranjan de Silva

Effective communication, the secret of many successful people,..

Takas.lk ranked as #1 start-up in Sri Lanka

Takas.lk has been selected by the www.startupranking.com as...

OPPO Smartphones set sail to Sri Lanka

Many would argue that the Sri Lankan mobile phone market and even that...

Janashakthi opposes regulatory exemptions given to foreign insurers

Leading insurance provider Janashakthi Insurance PLC has called on the government...