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WSO2 completes $93 mn Series E Growth Funding with Info Edge Investment

BusinessWSO2 founder and CEO, Dr. Sanjiva WeerawaranaTags: Print EditionWSO2, the leader in digital transformation technology, announced that the company has completed its Series E funding round with the addition of RedStart Labs…

No financing until macroeconomic policy framework in place – WB

BusinessTags: Print EditionThe World Bank has issued a statement on Sri Lanka. Following is the statement: “Recent media reports have inaccurately stated that the World Bank is planning support for Sri Lanka in the form of a bridge…

Launch of the Cultural Activities Series of “Beautiful China Colorful Yunnan” in Sri…

BusinessTags: Print EditionKunming, May 21 The 21st of this month coincides with International Tea Day. the launching ceremony of Cultural Exchange Events - Sri Lanka of 2022“Beautiful China, Colorful Yunnan” and International Tea Day…

Kimarli Fernando resigns

BusinessTags: Print EditionChairperson Sri Lanka Tourism Kimarli Fernando tendered her resignation to the Tourism Minister Harin Fernando yesterday. In her lengthy resignation letter to the Minister she has also outlined some of the…

Colombo Port operations carried out uninterrupted

BusinessTags: Print EditionThe Management of Sri Lanka Ports Authority (SLPA), the terminals Colombo International Container Terminals Ltd (CICT), South Asia Gateway Terminals (Pvt) Ltd (SAGT) together with CASA (Ceylon Association of…

BPPL secures US$ 15 mn of long-term funding from DFC in USA

BusinessTags: Print EditionSri Lanka’s plastic recycling capabilities and infrastructure are set to soar with BPPL Holdings PLC, the country’s pioneer in the field, securing long-term funding of US$ 15 million from the International…

SriLankan Airlines receives Resilience Award at Changi Airline Awards

BusinessMohan Meegolle, Regional Manager Southeast Asia and Australasia of SriLankan Airlines receive the Resilience Award at the 15th Changi Airline AwardsTags: Print EditionSriLankan Airlines received a Resilience Award at the 15th…

PM insists on structural reforms to achieve development goals

BusinessTags: Print EditionAmid the economic crisis, Prime Minister Ranil Wickremesinghe had a meeting with the representatives from the Chambers of Commerce, the Treasury and Economic Advisers at his office on Monday. During the…

“Economy to get back on track from next year onwards”

Stabilization of exchange rate early sign of confidence:BusinessDinesh PereraGovernor Dr. Nandalal WeerasingheTags: Print EditionCBSL Governor Dr. Nandalal Weerasinghe noted that the economy would be back on track for recovery from…