Sri Lanka has been recognized as an “Advancing” country in the Global Cybersecurity Index (GCI), which highlights its commitment to enhancing cybersecurity practices across multiple pillars. The Global Cybersecurity Index (GCI) that published by the International Telecommunication Union (ITU) serves as a trusted benchmark for assessing countries’ commitment to cybersecurity on a global scale. The…
Sri Lanka’s entrepreneurship rate stands at just 3% of the working population, significantly trailing regional counterparts, according to Dhanuka Liyanagamage, Director of the National Enterprise Development Authority (NEDA). He addressed the issue at the Global Entrepreneurship Week (GEW) 2024 launch event held at the Ceylon Chamber of Commerce. “Only about 3% of the working population…
Mastercard Country Manager for Sri Lanka and Maldives, Sandun Hapugoda, emphasized the critical role of digital transformation for micro, small, and medium-scale enterprises (MSMEs) in Sri Lanka, which make up 19% of the country’s establishments. Speaking at the launch event of Global Entrepreneurship Week (GEW) 2024, organized by the Ceylon Chamber of Commerce, Hapugoda underlined…
The National Enterprise Development Authority (NEDA) has announced plans to consolidate over 50 ICT-related government institutions under a single umbrella to enhance efficiency and eliminate redundancy. Speaking at the launch event of Global Entrepreneurship Week (GEW) 2024 at the Ceylon Chamber of Commerce yesterday, NEDA Director Dhanuka Liyanagamage highlighted the challenges within the sector. “In…
Ukraine fired several American-supplied longer-range missiles into Russia, officials said Tuesday, marking the first time Kyiv used the weapons that way in 1,000 days of war. The use of the Army Tactical Missile System, known as ATACMS, came as Russian President Vladimir Putin formally lowered the threshold for using nuclear weapons, opening the door to…
The Sri Lanka Business Council of the Maldives (SLBCM) was officially launched in Malé on November 12, marking a significant milestone in deepening economic ties between Sri Lanka and the Maldives. The initiative, spearheaded by Sri Lanka’s High Commissioner to the Maldives, Ranga Goonawardena, aims to strengthen trade, investment, and business relations between the two…
On 19th November, the Asian Development Bank (ADB) approved a $200 million policy-based loan to further help the Government of Sri Lanka strengthen its financial sector. This second subprogram of ADB’s Financial Sector Stability and Reforms Program builds on the stabilization and crisis management measures put in place under the first subprogram approved in 2023. “Sri…
The Secretary General of Parliament, Mrs. Kushani Rohanadheera announced that an information counter will be kept open today (19) and tomorrow (20) to assist freshly elected Members of Parliament with activities related to the first session of the Tenth Parliament. The counter will be operational from 9.30 a.m. to 3.30 p.m. at the Parliament complex….
Meanwhile the first phase of the provision of fertilizer subsidies for the Maha season, has been concluded. Accordingly, the fertilizer subsidy had been provided to 23 districts, covering 86,162 hectares. The Agrarian Services Department says that a total of about 1.29 billion rupees has been provided to 129,229 farmers across the island. Meanwhile, Commissioner General…
All lectures, tuition classes, workshops as well as seminars for the 2024 advanced level examination will be prohibited from midnight today (19). The Department of Examinations says that legal action will be taken against those who fail to comply with this regulation. Examination monitoring has been intensified this year. Accordingly, in addition to the officials…
