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Further monetary policy tightening, strong depreciation of currency on the cards

“Resulting from the uncertainty over access to creditors, continued high budget deficit and negative liquidity, 1H2022 bond yields are likely to rise by 150bps-200bps, and in 2H a further 100bps-150bps upside is expected; but with no IMF or inflows, yields could just skyrocket. Altogether bond yields are expected to rise sharply by 250-350bps within the […]

ICTA National Digital Consortia Concludes on a High Note - Adaderana Biz English

The Information and Communication Technology Agency of Sri Lanka (ICTA) announced that it successfully concluded the inaugural ‘National Digital Consortia’, from 10th to 13th January 2022, in partnership with FITIS, SLASSCOM, BCS, and CSSL. The event featured 6 Global Tech Giants – Microsoft, Zoom, AWS, Google Cloud, Oracle, and Huawei. The event was a platform.

SANASA marks 22nd year of its Buddhist sacred rituals in Anuradhapura

Nelum Mal Pujawa and Kiri Ahara Pujawa which is organised annually by the SANASA Movement were held for the 22nd time at the premises of Anuradhapura Ruwanwelisaya and the Jaya Sri Maha Bodhi. These meritorious acts which are conducted by the SANASA Federation which is the apex body of the SANASA Movement to bestow blessings […]

Tokyo Cement appoints Miss Sri Lanka for Miss World 2021 Sade Greenwood as social and sustainability ambassador

Tokyo Cement Group announces the appointment of Sade Greenwood as the group’s Social and Sustainability Ambassador. S. R. Gnanam, Managing Director of Tokyo Cement Company (Lanka) PLC exchanged a Memorandum of Understanding conferring the Ambassadorship to Ms. Greenwood. Through this affiliation, Sade will work together with Tokyo Cement to create public awareness on multiple social […]

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