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Dedicated to Politics

Former Southern Province Governor Willie Gamage is a political veteran.

Singapore Prime Minister Lee Hsien Loong speaks on 'The Economy'

Dawn Tan (CNA): PM, let us talk about the economy.

Breaking Barriers: Peoples Leasing & Finance PLC and Hayleys Solar Collaborate

People’s Leasing & Finance PLC (PLC) and Hayleys Solar have entered into an agreement through a Memorandum of Understanding (MoU).

NSB Continued to Prove its Resilience within an Economic Shudder

NSB demonstrated its mettle by recording a Profit after Tax (PAT) of 7.2 billion rupees for the fiscal year ended December 31, 2023.

Pan Asia Bank Posts Steady Performance in 1Q 2024

Pan Asia Banking Corporation reported a steady performance reflecting improved macro economic conditions as the Bank reported its financial performance during 1Q 2024, which showed judicious portfolio management and prudency in dealing with possible fallout on its asset quality in challenging times.

AWS Beats Azure to Top Global Cloud Computing Market Chart with a 31 percent Share

The cloud computing market attracts users worldwide, and the battle for dominance among top providers is a constant narrative.

Ban Ki-moon Appreciates Growing Close Partnership between GGGI and Sri Lanka

During a meeting between Sri Lankan Prime Minister Dinesh Gunawardena and the Chairman of the Global Green Growth Institute (GGGI), Ban Ki-moon, the former expressed his gratitude for the close partnership that exists between Sri Lanka and GGGI.

Korea Provides Support to Several Sectors

Ambassador of Republic of Korea, Miyon Lee met with Prime Minister Dinesh Gunawardena to discuss follow up actions on the decisions taken at the discussions held during the Prime Minister’s visit to Korea.

Many Benefits to a Number of Sectors in Sri Lanka as a result of PM Dinesh Gunawardena's visit to Korea

During a meeting, the Governor of Gyeongsangbuk-du Province of the People’s Republic of South Korea, Lee Cheol Woo, met with Sri Lankan Prime Minister Dinesh Gunawardena.

The Good Cashmere Standard Boosts its Sustainability Credentials with Focus on Animal Welfare and Transparency

By revising the standard’s criteria and embarking on a new collaboration with TextileGenesis, A Lectra Company, the Aid by Trade Foundation (AbTF) is boosting the credentials of The Good Cashmere Standard (GCS) as an independent seal for sustainably produced and traceable cashmere fibers from Inner Mongolia.

The Central Bank of Sri Lanka Releases its inaugural Annual Economic Review and Financial Statements and Operations of the Central Bank for the Year 2023

The inaugural publication under Section 80 of the Central Bank of Sri Lanka Act, No. 16 of 2023 (CBA),namely, the Annual Economic Review 2023, and the inaugural publication under Section 99 of the CBA, namely, Financial Statements and Operations of the Central Bank 2023, were presented to Ranil Wickremesinghe, the President and Minister of Finance, Economic Stabilization and National Policies, by Dr. P Nandalal Weerasinghe, the Governor of the Central Bank of Sri Lanka.

President Ranil Wickremesinghe at the Opening of ITC Batnadina Hotel

President Ranil Wickremesinghe expressed his dedication to fostering an economic landscape in the nation that would prevent future struggles among its citizens.

President Ranil Wickremesinghe Embarks on Observation Tour to Revitalize Tourism Industry in Scenic Nuwara Eliya

President Ranil Wickremesinghe visited the Court Lodge Estate, owned by the Udupusellawa Plantation Company in Nuwara Eliya, to explore opportunities to revive the tourism industry around the picturesque hills of Nuwara Eliya.

The Discreet Techie on the Radar

Everyone knows Mark Zuckerberg from Facebook and Elon Musk from X. But there isn’t much known about Pavel Durov, the founder and owner of messaging app Telegram. He has been an enigma, just like his creation. Of Russian birth, his first creation was a social networking site called VK, which he operated from Russia. An advocate of free speech, it was not long before the Russian authorities were at his doorstep. Leaving his country of birth, Pavel created Telegram in 2013. He remained out of the spotlight, operating from Dubai, eventually emerging from the shadows after seven years to tell his story and distance himself from the specter of his birth country.

Presidents of Iran and Sri Lanka in Significant Meeting

A meeting was held between Iranian President Dr. Ebrahim Raisi, who arrived in Sri Lanka to attend the inauguration of the Uma Oya Multipurpose Development Project, and President Ranil Wickremesinghe.

Joint Press Conference chaired by Presidents of Iran and Sri Lanka

President Ranil Wickremesinghe emphasized that Global South countries must capitalize on their strengths and collaborate effectively.

'Uma Diya Janani': Joint Inauguration of the Uma-Oya Multipurpose Development Project by the Presidents of Iran and Sri Lanka

The ‘Uma Diya Janani’ multipurpose development project, marked as a significant irrigation initiative following the Mahaweli movement, was officially handed over to the public by the Presidents of Iran and Sri Lanka.

The Debate on India's Path to Growth

The world is interested in India’s growth agenda. There is much conversation on whether it is the right one. Debating the same at the Oxford Union saw many Indians defending their country and their leader. That was almost one year ago. Today, as India conducts general elections, the Oxford Union debate has come to the forefront, with Indian journalist Palki Sharma's fierce defense of her country drawing much attention when she asserted that every country has its path, telling the audience not to judge India or any country on the boundaries of another.

Is the Bank of Japan Finally Synchronizing with their Peers?

Described as an ultra-lax monetary policy, Japan’s economic model has baffled the world. Not because the East Asian nation is a poster child of rising from self-ruination in the post second world war era, but for stage-managing its monetary policy for a long time, managing its economy very differently to the rest of the world.

Not all Debts are Dilemmas

Singapore's debt portfolio is a lesson in prudent decision-making, where a long-term view of its economy governs the process.

Challenging Market Conditions for Electric Vehicles

Near-term global statistics on Electric Vehicle EV) sales have prompted manufacturers and analysts to contend that the segment’s growth may not be a straight line after all.

HNB and Hayleys Agriculture Empower Farmers with Convenient Access to Agri Machinery

HNB has entered into a collaborative partnership with Hayleys Agriculture, offering a comprehensive array of benefits and attractive leasing packages for various agricultural machinery.

Ten Pro Athletes That Love Weed As Much As You

These are some of the most famous stoner athletes of all time.

PLC Achieves Remarkable 30.8 percent PAT Growth Amid Dynamic Market Conditions in Q3 2023/24

People's Leasing & Finance (PLC), reported robust financial performance for the third quarter of fiscal year 2023/24, indicating positive growth and stability amidst a competitive marketing environment.

JPMorgan Fined Nearly $40 billion for two-decade Legal Oversights

Banking giant JPMorgan Chase (NYSE: JPM) has suffered financial B and possible reputational setbacks due to a series of legal oversights stemming from the firm's failure to adhere to regulatory requirements.

Paytm's Unravelling: Will it Break This Time or Make it Again?

Regarded as the poster boy of India’s fintech rush and start-up ecosystem, Vijay Shekar Sharma built Paytm into India’s largest digital payment platform and financial services provider. However, today, his empire is under scrutiny for repeated regulatory breaches and non-compliance as the Indian central bank has swooped down on its activities and imposed restrictions to ensure that the fintech ecosystem thrives in the world’s fifthlargest economy rather than take a blow on questions of trust and integrity.

People's Bank Empowers Women Entrepreneurs

Celebrating International Women's Day, People's Bank, announced its commitment to women's empowerment through impactful initiatives.

People's Bank Walasgala Branch moves to an Enhanced New Location

People's Bank Walasgala Branch was declared opened at a new and enhanced location.

People's Leasing & Finance Wins Best Commercial at Sumathi Awards for 'Api Eka Karale Wee' Campaign

People's Leasing & Finance (PLC) received the Sumathi Award for Best Commercial of the Year at the 29th Sumathi Awards 2024.

DFCC Bank Resilient Amidst Economic Headwinds

DFCC Bank reported a Profit Before Tax of 10,960 million rupees and a Profit After Tax of 7,220 million rupees for the year ended December 31, 2023.