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Despite early spike market declines
Despite an index spike during the initial trading hours, the Colombo bourse gradually declined during the latter half closing its proceedings in red. Moreover, the All Share Price Index marginallydeclinedby2.0 points (-0.0%) to close…
United States provides USD 75 mn
The United States is providing a welcome boost to Small and Medium Enterprises (SME) in Sri Lanka struggling with the impact of the pandemic.
The U.S. International Development Finance Corporation (DFC) is awarding a USD 75 mn…
Digital ID rollout needs to be expedited – Minister Namal Rajapaksa
Though successive governments have made attempts to introduce a smart National Unique Digital ID (UID) for more than two decades, Sri Lanka has unfortunately not been able to realize this objective, said Minister of Youth and Sport,…
Dialog Axiata Inaugurates “First Tower of the Gamata Sanniwedanaya” Initiative in Kachchigala
Remaining committed to further expanding coverage to deep rural communities across the nation, Dialog Axiata PLC, the widest network in Sri Lanka, inaugurated the Gamata Sanniwedanaya initiative by the Telecommunications Regulatory…
Dialog Enterprise Partners Gateway College as its Digital Education Partner
With the vision of becoming the preferred Digital Education partner for the academic institutions in Sri Lanka, Dialog Enterprise the corporate solutions arm of Dialog Axiata PLC, recently partnered with Gateway College to further…
31st ROTARACT DISTRICT ASSEMBLY
Rotaract is a leading youth movement in Sri Lanka and belongs to Rotary International District 3220, which comprises of both Sri Lanka and Maldives. The Rotaract District Assembly is the annual event in which the District Rotaract…
Six percent GDP growth expected in 2022 – Cabraal
Sri Lanka will achieve an economic growth rate of 4.5% for 2021 and will improve this to 6% by the end of 2022, said State Minister of Finance, Capital Markets and State Enterprise Reforms, Ajith Nivard Cabraal yesterday at a Special…
Bourse returns to ‘Green’ territory
Despite the three consecutive days of index drops, the Colombo bourse witnessed a change in gears and returned to the green territory yesterday amidst price gains in certain large ticket stocks.
TheAll Share Price Index…
India’s digital economy to grow 10x to $ 800 bn by 2030
India’s consumer digital economy which was pegged at US$ 85-90 billion in calendar year 2020, is expected to become a $800 billion market by 2030, according to reports released by consulting firm RedSeer at its flagship event Ground…

