Joe Biden And Vladimir Putin Agree to extend 'New START' Nuclear Arms Treaty.

The United States and Russia have “agreed in principle” to extend the New START arms treaty by five years, the Kremlin said on January 26 following a phone call between US President Joe Biden and Russian President Vladimir Putin. The New START treaty, which was signed back …

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The World’s Best Stock Rally Is in Sri Lanka.

Sri Lanka stocks have returned a world-beating 30% so far in 2021 as domestic investors get more active. Local individuals were responsible for 79% of total market turnover last year, according to the nation’s stock exchange, amid a 70% increase in new accounts from 2019. At…

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Webinar on cooperation between ICT sectors of Sri Lanka and Viet Nam.

The Embassy of Sri Lanka, in association with the Export Development Board (EDB) organized a virtual meeting on 21 January 2021 to explore cooperation potential in the ICT sectors of Sri Lanka and Viet Nam. Representatives from the Sri Lanka Association for Software Services…

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Shyamalie Wijegunawardena of Spring & Summer awarded at the 10th Edition of the ‘Top 50 Professional & Career Women Awards for Sri Lanka and Maldives 2020’

Co-Founder, Spring & Summ​er - Mrs. ​​Shyamalie Wijegunawardena was recently recognised at the 10th Edition of the “Top 50 Professional & Career Women Awards for Sri Lanka and Maldives 2020”, as the recipient of the Outstanding Woman Entrepreneur (Large) Award on Ja…

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Virtusa Recognized as a Top Employer for 2021 in the UK and Middle East.

Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, and IT services and solutions that help clients change and disrupt markets through innovation engineering, today announced it has been named a Top Employer for 2021 in the Unit…

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Commercial Bank of Ceylon moves up to No 2 in LMD 100’s principal rankings.

Highest ranked bank in 2020 edition of prestigious list; leads Sri Lanka’s top banks in both turnover and profit Has been inTop 10 every year since launch of ranking in 1993 The Commercial Bank of Ceylon has moved up to second place in the latest ‘LMD 100’ after a solid perfo…

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Cabinet approval to raise daily wage of estate sector workers.

The Cabinet of Ministers have approved a proposal to take necessary steps to increase the daily wages of estate sector employees up to Rs. 1,000, across wages control boards so that the budget proposal on the this could be implemented. The estate sector employees are eligibl…

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Sri Lankan Cricketer Dilhara Lokuhettige found guilty under ICC Anti-Corruption Code.

Former Sri Lanka player Dilhara Lokuhettige has been found guilty of three offences under the ICC Anti-Corruption Code following a hearing by an independent Anti-Corruption Tribunal. Lokuhettige, who was charged under the ICC Anti-Corruption Code in November 2019, has been f…

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UN rights chief seeks sanctions against Sri Lankan generals.

The UN human rights chief has called for an International Criminal Court investigation into Sri Lanka’s Tamil separatist conflict and sanctions on military officials accused of war crimes, according to a report obtained by AFP. Michelle Bachelet accused Sri Lanka of reneging…

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19th Dhaka International Film Festival (DIFF) concluded.

The 19th Dhaka International Film Festival (DIFF) concluded on Sunday 24 Jan 2021. During the 9-day long festival which started on 16 January, 226 films from 73 countries were shown. Kyrgyz film ‘The Road to Eden’ jointly directed by Bakyt Mukul and Dastan Zhapar won the bes…

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Global Climate Risk Index 2021.

The Global Climate Risk Index 2021 published by the Bonn-based environmental think tank Germanwatch. The Global Climate Risk Index 2021 analyses to what extent countries and regions have been affected by impacts of weather-related loss events (storms, floods, heat waves etc…

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International Olympic Committee (IOC), Tokyo Olympics to unveil rule book.

This is the rule book that the IOC and Tokyo organizers are set to roll out next week to explain how 15,400 Olympic and Paralympic athletes and tens of thousands of others will try to safely enter Japan when the Olympics open in just under six months. Organizers and the Inte…

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Portugal President Marcelo Rebelo de Sousa wins second term.

The incumbent President of Portugal, Marcelo Rebelo de Sousa has won a second five-year term after winning the 2021 Portuguese presidential election with a landslide victory. The 72-year-old former leader of the Social Democratic Party won 61 per cent of the total votes. He…

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China surpasses United States as largest recipient of Foreign Direct Investment (FDI).

China was the largest recipient of foreign direct investment (FDI) in 2020, according to a report released by the United Nations Conference on Trade and Development (UNCTAD). China overtook the United States to gain the top position in 2020. The country attracted $163 billi…

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Greece, France sign $2.8 billion fighter jet deal.

Greece signed a 2.3 billion-euro ($2.8 billion) deal with France to purchase 18 Rafale fighter jets, as tensions remain high with neighbor Turkey. Florence Parly, the French defense minister, signed the agreement in Athens to deliver 12 used and six new aircraft built by Das…

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Study suggests earth is losing ice faster than in Mid-1990s.

New research suggests Earth’s ice is melting faster today than in the 1990s. An estimated 28 trillion metric tons of ice have melted away from the world’s sea ice, ice sheets and glaciers since the middle of the 1990s. The yearly melt rate is now about 57 percent faster than…

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Dead whale in the Mediterranean probably 'one of the largest' ever found.

The carcass of an enormous finback whale (Balaenoptera physalus) was discovered near the Italian port of Sorrento earlier this week, the Italian Coast Guard said in a Facebook post. Officials discovered the carcass on Sunday (Jan. 17), before towing it to the nearby port at …

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Defence Research and Development Organisation (DRDO) successfully conducts maiden test launch of Akash-NG Missile.

The Defence Research and Development Organisation (DRDO) conducted successful maiden launch of Akash-NG (New Generation) Missile from Integrated Test Range off the coast of Odisha. Akash-NG is a new generation Surface-to-Air Missile for use by Indian Air Force (IAF) with an…

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Dixon Technologies inks deal with HMD India for manufacturing Nokia smartphones.

Dixon Technologies India Ltd’s wholly-owned subsidiary, Padget Electronics, has entered into an agreement with HMD India for manufacturing of Nokia smartphones. The smartphones will be manufactured at Padget’s manufacturing facility situated at Noida, Uttar Pradesh, India. I…

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International Day of Commemoration in memory of the victims of the Holocaust.

International Day of Commemoration in memory of the victims of the Holocaust (International Holocaust Remembrance Day) is observed on 27 January every year since 2006 to commemorate the anniversary of the tragedy of the Holocaust that occurred during the Second World War. A…

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