COLOMBO In a landmark move for Sri Lanka’s digital economy, Surge Global and Calcey Technologies have joined forces in a $40 million transaction to form Short Circuit Pte Ltd – a regional tech powerhouse built to deliver transformation at scale, with deep operational discipline for growth-stage companies and enterprises alike. The deal, backed by Hatton...

SIRAJ MASHOOR COLOMBO : The INFACT Institute organized a seminar on a topic that is rarely discussed in the public sphere recently. The topic was ‘Public Diplomacy and the Civil Society.’ A.L.A. Azeez, a retired career diplomat, who was the Permanent Representative of Sri Lanka to the United Nations in Geneva, brought to the table...

COLOMBO : A Bill to abolish special privileges granted to former Presidents and their families was published in a gazette notification on Thursday (31 July).  The proposed legislation seeks to repeal the Presidents’ Entitlements Act No. 4 of 1986 and has been titled the Presidents’ Entitlements (Repeal) Act. According to the Bill, any residence provided,...

COLOMBO :The Meteorology Department states that showers or thundershowers will occur at several places in the Northern, North-Central, Uva, Eastern, Central, and Sabaragamuwa provinces, and in the Kurunegala and Hambantota districts after 1:00 p.m. Fairly heavy falls above 75 mm are likely at some places in these areas, the statement said. Several spells of showers...

COLOMBO :The Ceylon Chamber of Commerce (CCC) has commended the Government of Sri Lanka and the national negotiation team for securing a further reduction in the reciprocal tariff rate imposed by the United States on Sri Lankan exports—from 30% to 20%. In a statement issued by the Chamber, Chairperson Krishan Balendra described the development as...