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Sat, 18 May 2024 Today's Paper
07 Oct 2021 - 0 - 294
DIMO has introduced Veera, a hybrid silage maize seed variety, to the Sri Lankan market through its subsidiary Plantseeds, with an aim to uplift the local dairy industry.
05 Oct 2021 - 0 - 752
The ozone layer is located in the lower stratosphereat a height of 15 to 30 kilometres above the earth, protecting it against the sun’sharmful ultraviolet (UV-B) radiation.
05 Oct 2021 - 0 - 239
Venora Group of Companies Chairman Sagara Gunawardena has called for the relaxation of Board of Investment (BOI) regulations that limit the companies operating in Export Processing Zones from selling in the local market.
05 Oct 2021 - 0 - 702
The official opening of the Sri Lanka Pavilion was inaugurated at Expo 2020 Dubai on October 1st.
04 Oct 2021 - 0 - 740
The COVID-19 pandemic has no doubt had enormous economic impact on the tourism and hospitality industry the world over, including Sri Lanka. For close upon two years international travel has been just reduced to a trickle, with hardly any tourist arrivals. Consequently, there has not been any healthy revenue streams to the industry, with little or no occupancy over the past 20 months.
04 Oct 2021 - 0 - 775
First time in Sri Lanka we can see that a Sri Lankan singer performing in India and as we know the Indian music industry is one of the largest in the world, Youhani has created history in Sri Lanka. This is important as these days we do not have many celebrations as a nation.
04 Oct 2021 - 0 - 299
Raising revenue is a vital function of tax to combat fiscal constraints. In addition to financing activities of the state, it is also an important element for maintenance of law and order. Ideally, taxes should minimise discrimination in favour of or against business and consumer choice and reduce costs of compliance on organisations and government.
04 Oct 2021 - 0 - 271
In Sri Lanka, 12.3 percent of the population is aged 60 or older, making it the country with the highest proportion of older adults in South Asia. The Western province has the highest percentage of the country’s elderly at 31.7 percent, while the Northern province has the least at 4.8 percent.
29 Sep 2021 - 0 - 523
A new Securities and Exchange Commission (SEC) Act was recently passed in Parliament and it was made law last week by the Speaker.
29 Sep 2021 - 0 - 414
Sri Lanka’s preferential access to the vital European Union (EU) market faces fresh challenges after the European Parliament’s special resolution adopted in June 2021.
28 Sep 2021 - 0 - 1450
Sri Lanka’s economy is reeling under a foreign currency crisis during pandemic economic turbulence. An old addiction to imports has finally caught up to drain foreign exchange reserves, already straining under large debt repayments in the absence of US$ 5 billion in tourism and sovereign bond inflows.
27 Sep 2021 - 0 - 376
SriLankan Airlines is among the airlines leading the way in the South Asian region by trialling the International Air Transport Association (IATA) Travel Pass, commencing October 1, 2021, with selected sectors.
27 Sep 2021 - 0 - 640
The World Tourism Day is celebrated internationally on September 27, 2021. Sri Lanka, formerly Ceylon, was under the British rule from 1815 to 1948. Sri Lanka is a mesmerising island nation, surrounded by the Indian Ocean.
21 Sep 2021 - 0 - 503
I was surprised when I read in your newspaper about the call on Sri Lanka by the EU Ambassador Denis Chaibi to respect international trade rules (“EU asks SL to respect WTO rules; urges not to put country’s exports at risk”, Daily Mirror,10 September 2021).
21 Sep 2021 - 0 - 279
The Sri Lankan economy faces a historical crisis. The root causes are the twin deficits.
17 Sep 2021 - 0 - 1566
It is with great sadness that Overseas Realty (Ceylon) PLC announced the passing of S.P. Tao, Founder, Chairman and Director of the company, on August 24, 2021.
17 Sep 2021 - 0 - 466
Recent economic pressures centred around the foreign exchange crisis prompted the government to impose strict import controls. The unpopular yet obligatory measures helped ease burgeoning pressure on the rupee but inadvertently led to the serious issue of a rise in illegal trafficking.
17 Sep 2021 - 0 - 402
Leaders of Sri Lanka’s apparel sector highlighted the industry’s prioritisation of employee safety through the adoption of and adherence to comprehensive health measures, while ensuring business continuity and thereby the industry’s sustenance.
14 Sep 2021 - 0 - 672
Blurring the line between physical and virtual, technology has revolutionized the way we receive services. Over the last decade, many economies have used technology to improve access to a range of quality and affordable facilities. With the COVID-19 pandemic upending lives and economies globally, the spotlight is once again on digital services.
14 Sep 2021 - 0 - 258
Ever since April 2021, Sri Lanka’s agriculture and plantation sectors have been beset by needless difficulties as a result of an announcement, seemingly made on a whim, that Sri Lanka would switch completely to organic agriculture – effective immediately.
08 Sep 2021 - 0 - 392
Although COVID-19 may be gender-blind, it has created a crisis that has disproportionately affected women across the globe. The economic impact of the pandemic is mostly channelled through the labour market.
06 Sep 2021 - 0 - 600
The recent passing away of Mangala Samaraweera, a former minister and senior neo-liberal politician, is expected to have an impact on possible future political scenarios in Sri Lanka. He played a pivotal role in electing three former presidents in the country and was probably the most senior (active) politician who espoused neo-liberal ideologies.
06 Sep 2021 - 0 - 649
Among the many tragic consequences of the COVID-19 pandemic, there have been some positive offshoots as well. One of them is the improvement of Colombo’s air quality as a result of restricted movement to prevent the spread of the disease.
03 Sep 2021 - 0 - 934
Like many other countries, Sri Lanka faces numerous challenges in the battle against COVID-19. The pandemic has caused deep uncertainty and presented a colossal challenge for the country’s healthcare system.
03 Sep 2021 - 0 - 282
Meeting Sri Lanka’s rapidly increasing water and sanitation needs will require a comprehensive national policy capable of managing institutional coordination, improve planning and attract investment to benefit millions of people.
03 Sep 2021 - 0 - 299
To utilise the fullest extent of the GSP+ benefits, Sri Lanka’s apparel industry must increase the value addition to its exports to the European Union (EU) from the current 52 percent to 65 percent quickly. Vertical integration in Sri Lanka’s apparel industry is one of the quickest ways to do that, said Hemantha Perera, Secretary of the Sri Lanka Chamber of Garment Exporters, a constituent member of the Joint Apparel Association Forum (JAAF).
02 Sep 2021 - 0 - 2276
The Ceylon Petroleum Corporation (CPC) is a fully State-owned enterprise that engages in the selling and distribution of fuel in Sri Lanka.
02 Sep 2021 - 0 - 685
Sri Lanka’s rubber plantations are potentially on the brink of being wiped out, battered by a fast-spreading leaf disease and the sector could be nearing the ‘point of no-return’, commercial rubber growers claim, requesting for urgent government intervention to address the pressing issue.
01 Sep 2021 - 0 - 409
Sri Lanka needs to add an estimated 11,000 MW to its power grid within the next two decades to meet the growing demand. Adding large-scale floating solar plants would not only make electricity greener and affordable but also improves Sri Lanka’s overall economic competitiveness as well.
01 Sep 2021 - 0 - 1660
In July this year, Bloomberg reported Sri Lanka as the national economy most at risk for defaulting sovereign debts in the Asia-Pacific region, with a 28 percent likelihood based on its debt default probability scale. Since then, we have succeeded in clearing the US $ 1 billion bond pay-out to investors but the economic condition isn’t showing signs of marked improvement in the near term.
18 May 2024