The Business Today TOP Corporate Award Ceremony was held for the 22nd year. The Chief Guest for the evening was Prime Minister Mahinda Rajapaksa. Prof G L Peiris, Chairman, Sri Lanka Podujana Peramuna, Basil Rajapaksa, Ajith Nivard Cabraal, Senior Advisor on Economic Affairs to the Prime Minister, Dr Seetha Arambepola, Governor, Western Province, and Shehan Semasinghe, State Minister of Development Bank and Loan Schemes were present on this occasion amidst a distinguished gathering of the corporate sector of Sri Lanka.

In this episode of ‘In Black and White’ , Milinda Moragoda speaks with James Dauris, former High Commissioner of the United Kingdom in Sri Lanka, as he completes his term in the country. 

Outspoken. Controversial. For some, a trouble-maker. Without hesitation, he stands up for his beliefs. Premnath Dolawatte, Attorney-at-Law is the ‘new kid on the block’ who has proven himself, having earned a feisty reputation for taking risks.

The BRI and Sri Lanka’s Future through the President’s Lens
President Ranil Wickremesinghe spoke with Chinese media expressing his optimism about the initiative’s potential and prospects for development, his development agenda for Sri Lanka amid the debt and economic crises, and the criticality of pursuing trade and a sustainable development agenda.

Jerome H Powell at the Economic Club of New York
Jerome Powell discusses on the recent economic data and the outlook for monetary policy.

India: Frontiers of Central Banking in Asia
During the World Bank Group – International Monetary Fund Annual Meetings, Reserve Bank of India Governor Shaktikanta Das, discussed on how India tackled the impact of global shocks, effectively, experience with digitalization, in particular with pioneering the Central Bank Digital Currency, and how it has helped to improve financial inclusion, innovation and efficiency.

Indian External Affairs Minister Meets President Ranil Wickremesinghe

President Xi Jinping at the Third Belt and Road Forum for International Cooperation

President Ranil Wickremesinghe Meets Chinese President Xi Jingping

A Comprehensive International Dialogue Essential to Address Global Challenges in 2024

The Number of Bitcoin ATMs Plunge by Almost 7,000 Year-to-Date, the Biggest Drop in the Market’s History

Pan Asia Bank posts Steady Performance in Nine-Month Period in 2023

Born in the USA: You’re $98,000 in debt at birth

World’s Five Youngest Moguls Control $12.3 Billion Fortune; Who are they?

A man of big thoughts but few words, Indra Silva is the unassuming business doyen many would like to learn from. Indra Silva, has quoted success and not controversy in his nearly fifty years in business. Indra Silva is also a humanitarian who reveals the man of action rather than words, quietly reaching out to those in need, his benevolence not on public display.

Chartered architect Rajiv Senanayake has undertaken many projects in Sri Lanka and abroad, from residences to designing, renovating and restoring interiors for corporate, hospitality, institutional and retail spaces. Rajiv is progressive in his sentiments about what he wants for his country to create an enabling environment for all sectors and professions to flourish.

Whistle-blowers accuse KPMG, Ernst and Young, Price Waterhouse Cooper, and Deloitte, dubbed the Big Four, of malpractice and double-dealing-conflict-of-interest behavior.

President Wickremesinghe Addresses Global Financial Distress and Calls for Solidarity at 2023 SDG Summit.

Prime Minister Lee Hsien Loong tells how Singapore, since independence, built its reserves through political will and commitment and has a warning for its next generation of leaders and citizens.

President Ranil Wickremesinghe Visits Arugambay.

WeWork was one of the most hyped startups in recent years. Looking at the case of WeWork, analysts are wondering whether the startup bubble, the darling of modern-day corporate chivalry and the poster child for entrepreneurial genius, is about to fade into the history of vain startups.

Chair Jerome H. Powell delivered a message at “Structural Shifts in the Global Economy,” an economic policy symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming.

Last month’s news of two systemically important financial institutions, Deutsche Bank and Credit Suisse, 19th-century titans in banking, being fined by the US Federal Reserve Board and the UK Prudential Regulatory Authority has become a wake-up call to urge a review of corporate governance and risk management strategies.

President Ranil Wickremesinghe, on his maiden official visit to India after assuming Presidency, conveyed a resolute commitment to strengthen the bilateral ties between India and Sri Lanka.

Lesetja Kganyago, Governor of the Reserve Bank of South Africa, addressing the tenth annual Michel Camdessus Central Banking Lecture 2023 organized by the International Monetary Fund, spoke at length on how emerging markets could leverage the benefits of capital flows for sustainable growth by listing out a set of best
practices to optimize results.

Gautam Adani, Chairman, Adani Group called on Bangladesh Prime Minister Sheikh Hasina in Dhaka following the full load commencement of power supply to Bangladesh from the Group’s Ultra Super-Critical Thermal Power Plant in Godda, India.

That the merger of HDFC Bank with its parent company, Housing Development Finance Corporation Limited, is setting records and catapulting India’s financial institutions into the global top hundred leagues is a cause for celebration for an economy of the size of India, the Poseidon sailing into the vast ocean of economic prosperity.

President Ranil Wickremesinghe calls for Urgent Debt Restructuring and Comprehensive Approach to Support Middle-Income Nations.

President Ranil Wickremesinghe sets an ambitious timeline for Sri Lanka’s debt restructuring and reconciliation efforts.

President Ranil Wickremesinghe meets US Treasury Secretary for Debt Relief discussions, Sustainable Development at Paris Summit.

Jerome H. Powell submitted identical remarks to the Committee on Banking, Housing, and Urban Affairs, U.S. Senate.

India-USA partnership augurs well for democracy: Prime Minister Narendra Modi in his address to the US Congress.

Ministry of Power and Energy signs agreement with RM Parks to ensure uninterrupted fuel supply.

The third edition of the book “Ranil Wickremesinghe – A Political Biography” written by Dinesh Weerakkody, the Chairman of the Sri Lanka Board of Investment, was presented to President Ranil Wickremesinghe at the Presidential Secretariat.

Novak Djokovic won the French Open, his 23rd men’s singles grand slam victory, making him the men’s sole grand slam record holder. Amid high expectations, Djokovic pulled off a record-making win in Paris, demonstrating his years of training in on-court resilience and planning.

Behind the hype and the hoopla of the treble title by Manchester City stands a formidable figure, the strategist doing the queen’s gambit of selecting the team, negotiating, recruiting, and contracting players while being the one to put the arm around the men and unifying the team to ensure success while being able to talk them straight in the face when they need to buck up - Pep Guardiola.


The Collapse of Credit Suisse and Silicon Valley Bank: A Reckoning Moment for the Banking Sector?

In a significant move to address Sri Lanka’s fuel supply challenges, an agreement was signed with Sinopec, a leading
international petroleum company.

President Ranil Wickremesinghe highlights Asia’s Significance at the Nikkei Forum on the Future of Asia in Japan

The Prime Minister, Shri Narendra Modi dedicated the new Parliament House to the nation. The Prime Minister installed the Sengol with Nandi at the top facing East-West direction in the new Parliament House. 

In a special statement delivered to Parliament President Ranil Wickremesinghe announced that Sri Lanka is on the path of renaissance and is re-emerging as a success story, with the expectation of support from the entire nation to carry it forward.

It’s the 25th anniversary year of Business Today Awards. The Business Today TOP 40 companies were recognized for their resilience through challenging times to record growth and contribute to the country’s exchequer. The Awards Ceremony was held at the Presidential Secretariat. President Ranil Wickremesinghe was the Chief Guest. The Award Ceremony brought together politicians, distinguished dignitaries, and business corporates.

WEF: A dramatic period of surging inflation led to the sharpest tightening of monetary policy in decades. Is a radical
rethink by central banks required, or do current targets and toolkits suffice?

With rising interest rates, the strengthening of the US dollar and weaker global growth, how acute are the risks
of a systematic sovereign debt crisis in emerging and advanced economies?

The renowned European Society for Quality Research (ESQR) Award received by People’s Leasing & Finance from the European Society for Quality Research was presented to President Ranil Wickremesinghe by Pradeep Amirthanayagam, Chairman of People’s Leasing & Finance, in the presence of Shamindra Marcelline, Chief Executive Officer and General Manager of People’s Leasing & Finance.

Democratic capitalism – the marriage of the market economy with democratic politics – has generated an unprecedented combination of prosperity with political and economic freedom. However, its fragility has also become more evident with the rise of authoritarian populism. What is needed to ensure that democratic capitalism continues to thrive under the stresses of internal frictions, environmental challenges and powerful rival systems?

For several months, the global economy has been grappling with the threat of recession, with investors remaining on the edge as various investment products struggle to live up to expectations.



Following the 20th party congress, what are the critical economic and political decisions affecting China’s global government and business relations?

Dynamics related to energy security, geopolitical competition, trade, and supply chain fragmentation are at the heart of global discussions to address the ensuing near-term implications while resolving the systemic issues at their core. Saudi Arabia’s Transformation in a changing global context panel at WEF 2023.

Investment banking is a vital aspect of the financial world, offering various services, including underwriting, capital raising, and merger and acquisitions (M&A) advice.

The revenue by Apple Services exceeded that of several established Fortune 500 companies. 

Gold’s significant market capitalisation complements the asset’s historical status as a safe haven for investors seeking to protect their wealth against economic and political uncertainties.

Ceylinco General Insurance and SLT-MOBITEL launched a unique insurance benefit to SLT-MOBITEL customers.



 




Gautam Adani’s speech at the Handover Ceremony at the Port of Haifa, Israel, in the presence of Honorable Prime Minister of Israel, Benjamin Netanyahu.

Liu He, Vice-Premier of the People’s Republic of China, State Council of the People’s Republic of China speaks at Davos 2023. He calls for international cooperation, a global response to climate change and placing economic development as the ‘primary and central task’.

Speech by Lawrence Wong, Deputy Prime Minister and Minister for Finance at IPS Singapore Perspectives 2023.

Turning to India for opportunities as it transforms itself to dominate the world by becoming a great place to put capital.

Mahinda Rajapaksa is the leader extraordinaire for some. He is also a leader who has been praised and riled against in equal measure. Love or hate him, he still retains a following and probably has a prominent place in many people’s hearts. He is a politician who gradually rose through the ranks. Today, Mahinda Rajapaksa says he is a man without power but still believes in uniting all factions for the country’s sake.

Prime Minister Narendra Modi said the Manohar International Airport today is also proof of the changed mindset and approach of the Government regarding the country’s infrastructure.

People’s Leasing and Finance has received another international accolade from the European Society for Quality Research in Brussels, Belgium in their annual recognition program; European Award for Best Practices 2022 for selected companies, public administrations, and organizations representing different sectors.

An interview with Stuart Jamieson, Chief Executive Officer of Obeden.

For some, this is quite a controversial statement. For herb, this is the only way forward. Cannabis is significantly less dangerous than alcohol, tobacco, and many pharmaceuticals.

Over the past 40 years, the Solex Group of Companies (Pvt) Ltd has earned respect and loyalty of many Sri Lankans as the country’s top water pump manufacturer, selling over half a million pumps during the last decade with a clear market share of over 40%.

Delivering the Keynote address at the 21st World Congress of Accountants in Mumbai, Gautam Adani, Chairman of the Adani Group set out his vision of ‘India’s Path to an Economic Superpower.’

India is going to lead and chair this G-20 group. India is working on a vision to bring the whole world together for a common objective: a better future. As emphasized by Prime Minister Modi, their new mantra for G-20 is One Earth, One Family, and One Future.

India’s G20 Presidency will work to promote this universal sense of one-ness.

Business Today TOP 40 2021-2022 recognizes the top corporate performers who reported positive financial growth amidst the turbulent situation of the country. Analyzing the diverse portfolios provides a broader picture of profits and risks undertaken by these corporates as they worked with resilience, passion, and dedication while gracefully embracing the challenges.

The highest rate for employee income is now increased from 18% to 36%. The revenue planners of this country do not like to learn from developed countries how to recover the cost of government services to the people.

Tiran Alles, Minister of Public Security, accepted a challenging portfolio during a difficult time for Sri Lanka. He has restored the strength of the Police to act against lawbreakers. He is determined to take stern action against unlawful protests derailing Government efforts to restore normalcy and rebuild the economy.

Admired for his competence and dedication to resolving the fuel and electricity crises, Minister of Power and Energy, Kanchana Wijesekera has risen the ranks fast to take up a strong cabinet portfolio. He says there’s much work to be done, such as restructuring state-owned institutions like the CEB and the CPC to make them sustainable and profitable.

Diana Gamage, State Minister of Tourism says politics is not her livelihood but indeed runs in her. From a vision to develop tourism through a night economy to leveraging the beautiful places in
Sri Lanka, she proclaims to be for the people and with the people.

Shammi Silva, President of Sri Lanka Cricket, revealed the gamut of work that uplifted the entire sport. With a revamped coaching setup consisting of world-class trainers augmented by the input of former Sri Lankan players, spurred by their love for the sport and without any payback put in their weight behind SLC, the National Team rose from the ashes.

The Interim Budget, to prepare the basic foundation for changing the country’s economic trajectory, was delivered by President Ranil Wickremesinghe at the Parliament.

MP Wajira Abeywardana is a colossus in political matchmaking, strategizing, and sagacity. As he savors his leader Ranil Wickremesinghe’s phenomenal comeback, no less than as Sri Lanka’s President, from the political wilderness of defeat, he is already envisioning a long journey ahead. He is confident of Sri Lanka rising from the ashes to become a force to reckon with so long as the political elite and the people act wisely to give their new leader the space to work.

One-time SJB stalwart and vocal government critic, Minister of Tourism and Lands Harin Fernando, is today cohabiting in a Government he criticized. While explaining that his move to the Government was led by a desire to help rebuild the country, he knows that he remains a pariah among the SJB voters. Buoyant about the tourism industry’s take off amid an economic resurgence under a new presidency, Harin Fernando is a strong proponent of an all-party government and is betting immensely on Ranil Wickremesinghe to deliver as the “healing president” of Sri Lanka.

President Narendra Modi spoke on World Biofuel Day on the set up of new fertilizer plants, the importance of future piped gas connections, and several other areas that drive further the country’s development.

Ceremonial opening of the third session of the Ninth Parliament under the auspices of President Ranil Wickremesinghe.

Our policy-making is based on the pulse of the people: PM Modi

Honorable Ranil Wickremesinghe Sworn in as the Eighth Executive President of Sri Lanka in the Parliamentary Complex

Honorable Dinesh Gunawardena arrive in Parliament for the first time after assuming duties as the Prime Minister

Joint Statement Following the Summit of the Leaders of the United States and the Gulf Cooperation Council (GCC) Countries

World Economic Forum - The Four-Day Week: Necessity or
Luxury?

National Bank of Kuwait Headquarters in Kuwait City Completes

Thusitha Halloluwa has donned many hats in his long political career. Rather not the typical politician but more a ‘cornerman’ for them, Thusitha has officiated as coordinating official to a former president and chief of staff to finance minister and a bevy of ministers in successive governments. Thusitha, who was working with Ranil Wickremasinghe until his ascent to the country’s top job,
says that now is the time for a real “system change” that the country so envisages, which he knows Ranil Wickremasinghe is determined to implement during his tenure as president.

Remaining true to its tagline ‘Bankers to the Nation’, the Bank of Ceylon is proving again that it is resilient as the largest bank in the country by posting outstanding results in a COVID-19 riddled 2021. 14,1Kanchana Ratwatte, Chairman, discloses the Bank’s performance since 2021 and its commitment to support government efforts to rein in the challenges of the economic crisis Sri Lanka is facing right now. He is confident of an economic revival.

World Economic Forum:  A Conversation with Satya Nadella, CEO of Microsoft

Around half of gig workers globally lost their jobs during the pandemic and many of those who kept working lost much of their incomes. 

Not everyone is a good communicator like Sepal Amarasinghe, presenter extraordinaire who is no stranger in Sri Lanka’s influencer ecosystem. The Sepal Amarasinghe YouTube channel has amassed large followership for the novelty that its presenter offers by exploring a plethora of pertinent subjects. At the core of his mission is to see change, a revamped Sri Lanka with a mature population no longer tolerant of deceptive politics and leaders.

Rethinking and Revitalizing Travel ad Tourism - Travel and Tourism were severely impacted by COVID-19, with trillions of dollars in GDP and over 60 million jobs lost in 2020, and the sector is now at further risk from conflict.

The 'Mona Lisa' of cars, a 1955 Mercedes-Benz 300 SLR Coupe - A road-racing car built by Mercedes-Benz in 1955, and kept by them ever since has been secured by British expert Simon Kidston for a client.

Prime Minister Narendra Modi addresses a foundation stone laying ceremony of development projects in Chennai.

Tamim Bin Hamad Al Thani, Amir of the State of Qatar, stated that maintaining international peace and security is a priority for the state of Qatar while actively playing a role in developing regional and international policy development surrounding both energy and the environment.

The World Economic Forum Annual Meeting 2022 convenes at the most consequential geopolitical and geo-economic moment of the past three decades and against the backdrop of a once-in-a- century pandemic. The meeting brought together over 2,000 leaders and experts from around the world; all committed to a “Davos Spirit” of improving the state of the world.

Prime Minister Modi interacts with the Indian Badminton contingent for Thomas Cup and Uber Cup.

Prime Minister Modi delivers a speech at Madhya Pradesh Startup Conclave and encouraged the steps taken by the youth toward the country’s development.

CEO Bonuses at the Top 10 Tech Giants Soared 400% amid the Pandemic.

During COVID-19, Values-based Banks Continued Delivering Higher Growth Rates than the World’s Biggest Banks.

At the event of the newly constructed Prime Ministers’ Museum, Prime Minister Narendra Modi stated the importance of the Government working relentlessly to bring the cultural splendor and all the inspirational events and personalities related to the country’s freedom movement before the public.

Prime Minister Lee Hsien Loong announced that Finance Minister Lawrence Wong had been endorsed by the Ministers and the PAP MPs as leader of the fourth generation (4G), paving the way to becoming Singapore’s new Prime Minister.

Prime Minister Hsien Loong spoke on the key lessons from the pandemic experience and commended the work of the public services. He also emphasized the need to build up the reservoir of trust in the society, find new opportunities, create new jobs, improve lives, and strengthen the social compact with the support of the public services.

Three international events provide insight into lessons on how Sri Lanka can learn and focus on development.

Airbus Delivered Three Times More Aircraft than Boeing amid the Pandemic.

On The Rise: Demand for Travel to Southeast Asia Increases as Borders Reopen.

Rohan Fernando, Chairman of SLT Group, detailed the Group's journey through 2021, opining on the commitment to clean management that drove a culture of change for the first time within the SLT Group, resulting in savings, and optimization of resources, and streamlining of skewed business operations. Sri Lanka Telecom Group consisting of SLTMobitel and many other services redefined the ICT landscape by extending its reach as far as possible.

Dr. Thiyagarajah Iraivan, Chief Executive Officer, Melsta Health, elaborated on how Melsta Health's value proposition had turned their new healthcare facilities into profitability since their takeover while continuing to expand into their subsidiary healthcare services.

Blockchain Centre CEO says Cryptocurrency will render some bank services Tadas Maurukas, Chief Executive Officer at Blockchain Centre has stated that when it comes to the matter of cryptocurrencies, "regulators can't ignore it anymore."

Speech by His Excellency President Gotabaya Rajapaksa on 74th Independence Day.

Minister of Irrigation, State Minister of National Security and Disaster Management, and the State Minister of Home Affairs, Chamal Rajapaksa’s mission as a people’s representative for over 30 years has been to transform the district and the lives of its people through irrigation development.

NOLIMIT’s new store at Colombo City Center (CCC) is designed with an expression of sheer elegance exuding a radiant ambiance. The new store reflects a beautiful blend of artistic architecture and design.

Attracting foreign capital has always been an integral part of the Colombo Stock Exchange’s (CSE) strategic plan. With that, companies founded in Sri Lanka can raise money in a foreign currency through the CSE, fulfilling the dual role of providing foreign currency-denominated capital for business growth and eliminating investor currency exposure from stock buying.

President Gotabaya Rajapaksa at the Inaugural Meeting of the Ninth Parliament emphasized the initiatives undertaken by the Government towards the development of the nation. He also underlined that while successfully encountering short-term problems, the primary responsibility is to continue implementing the long-term development program to the country’s people and endorsed by a majority.

Prime Minister Narendra Modi commended all startups and the innovative youth who are raising the flag of India in the world of startups. He also believes that the golden age of India’s startups is starting now, and that role in building a grand India on completing 100 years of its independence is immense.

A testament to Sri Lanka’s centuries-old tryst with Tea is Basilur – a finely infused addition to the tea literature of brews that define the quintessentially world-renowned Ceylon Tea brand.

Xi Jinping, President of the People’s Republic of China, addressing the Davos Agenda discussed China’s initiatives to boost its economic, social recovery, and development plans.

At World Economic Forum’s Davos Agenda, Prime Minister Narendra Modi stated that the multi- lingual and multi-cultural environment Indians live
in is an excellent power of India and the whole world.

From the impact of a new COVID variant to continued inflation, governments will continue to face economic challenges in 2022. Speakers at the Davos Global Economic Forum: Kristalina Georgieva, Managing Director, International Monetary Fund; Christine Lagarde, President, European Central Bank; Kuroda Haruhiko, Governor, Bank of Japan; Sri Mulyani Indrawati, Minister of Finance, Ministry of Finance of Indonesia; and Paulo Guedes, Minister of Economy, Ministry of Economy of Brazil.

President Gotabaya Rajapaksa at the 96th Commissioning Parade of Sri Lanka Military Academy

PM Lee Hsien Loong at Launch of “A History Of The People’s Action Party, 1985–2021”

Fed Chair Jerome Powell Press Conference

The Urban Development Authority Investment Forum 2021 aimed to attract local and foreign investments to invest in real estate projects in the Authority and facilitate the achievement of a US$ 6 billion target of local and foreign investment by the end of the year 2022.

There was much hope and renewed zest at the dawn of 2020. After all, the country had emerged from a challenging 2019 and its noticeable impact on many sectors. At the same time, Sri Lankans looked upon 2020 with great expectations. At the helm was a new leadership that had promised prosperity through a wide-ranging development agenda. Under a new operating environment, Business Today Top 40 2020/2021 is an apt acknowledgment to some of the most resilient organizations and their leaders who, despite extreme operating conditions, went the extra mile to demonstrate their commitment to fulfilling their obligations to multiple stakeholders. With the change in criteria this year, Business Today increased the rankings to 40, thereby allowing more corporates that may not have been eligible before to enter the system this time.

SLT-MOBITEL, achieved a 49.2 percent year-on-year growth of Profit After Tax (PAT) in Q3 2021, posting 3.2 billion rupees in PAT, reiterating consumer confidence in the National ICT Solutions Provider.

BOC Closes the Quarter as the Industry Leader.

Sampath Bank produced solid results for the nine months ended 30th September 2021, despite the challenges caused by the prolonged impact of the COVID -19 pandemic. 

The Management of Tokyo Cement Company (Lanka) laid the foundation for a factory expansion project in Trincomalee to increase its manufacturing capacity by 1 million metric tons.

The Speech Delivered by His Excellency the President at the 72nd Army Day Celebration.

DP Education is a philanthropic project initiated through Dhammika & Priscilla Perera Foundation. It is an initiative to support students in their quest for a good education by adopting appealing yet straightforward teaching methods.

 President Joe Biden spoke about global supply chain bottlenecks.

Speech of President Gotabaya Rajapaksa at 76th UN General Assembly New York.

United Nations’ Fullest Support to Sri Lanka.

Leaders of Sri Lanka and Latvia Focus on Developing Bilateral Relations.

Statement by H.E Gotabaya Rajapaksa, President of the Democratic Socialist Republic of Sri Lanka at the High Level Dialogue on Energy.

Bill Gates PBS Interview: Vaccine Equity, Climate, Epstein  Meetings.

For a long time, Sri Lanka’s power sector has struggled to meet the demand for a reliable and affordable electricity supply. To address the issue, the Government of Sri Lanka has agreed with US-based energy infrastructure firm – New Fortress Energy (NFE) to supply LNG to Sri Lanka’s power generation sector.

Mapping a Short-term Plan for Economic Stability.

Milinda Moragoda, Sri Lanka’s high commissioner for India, has developed a road map for the next two years. The Integrated Country Strategy for Sri Lanka Diplomatic Missions in India – 2021/2023 is intended for the ‘Country Team’ consisting of the three missions in New Delhi, Chennai, and Mumbai.

As Consul General of Sri Lanka for New South Wales and Queensland in Australia, Lakshman Hulugalle has many years of experience promoting the country’s interests. As the former director-general of the Media Center for National Security, he successfully disseminated information globally and navigated swathes of media scrutiny on Sri Lanka’s war against terrorism with tact and composure.

Z.A.M Refai Hajiar, Chairman of ZAM Gems, shining philanthropist, brilliant entrepreneur, precious father, irreplaceable grandfather, and inspirational leader, bids adieu to this world, leaving behind the legacy of an exemplary life, an iconic business, a family that is devoted to walking in his benevolent footsteps and a treasure trove of generosity to continue his aspiration to give others ‘a good life’.

Following the takeover of Afghanistan, the Taliban has held its first official news conference in Kabul, declaring that it wishes peaceful relations with other countries.

Jeff Bezos, Mark Bezos, Wally Funk, and Oliver Daemen held a press con- ference after their Blue Origin flight to space on July 20, 2021.

Virgin Galactic Successfully Completes First Fully Crewed Spaceflight.

President Joe Biden signed the Executive Order promoting competition to lower prices – to increase wages, and to take another critical step toward an economy that works for everybody.

Keynote Address by Deputy Prime Minister and Coordinating Minister for Economic Policies Heng Swee Keat at the Asia Tech X Singapore Summit 2021 on July 13, 2021.

Transcript of speech by SM Teo Chee Hean, Coordinating Minister for National Security, at the launch.


Speech at a Ceremony Marking the Centenary of the Communist Party of China July 1, 2021: Xi Jinping.

Creating a Sri Lanka where every citizen could live freely without fear and mistrust is a mission undertaken by Rear Admiral (Retd) Dr. Sarath Weerasekara, Minister of Public Security. He has identified the critical need to free the country of some of the most notorious criminal activities – the underworld and the drug menace and abuse at the top of his list. 

Guided by a work ethic to create value for his workplace, Sujeewa Rajapakse, Chairman, People’s Bank, believes in extending this code through the Bank’s strong 741 branches.

“Sri Lanka is on the Silk Route of the ICT Age, hence is poised to benefit from investments to be made in the transformational industries that are around the corner provided we scramble up to create a solid enabling business environment,” said Lalith Seneviratne, Executive Director/Group CEO, SLT Mobitel.

Winning America’s Future the Biden Way.

China recently announced its decision to issue digital currency in a move that can shake the pillar of American power. To address this matter, the National Press Foundation recently conducted a briefing on Digital Currency.

Wall Street Built This System And They Didn’t Build It For Everyone – They Built It For Themselves.


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The magazine of the corporate world, Business Today features an interesting line-up of interviews with eminent personalities who impact the corporate, commercial and economic sectors. The monthly magazine also includes exclusive articles syndicated from the Harvard Business Review and Financial Times. It has also featured the monthly columns by Richard Branson and Howard Schultz. International interviews featured include Sir Richard Branson, Paul Allen, Howard Schultz, Omar Bin Laden and Sir Jonathan Ive. Articles penned by President Barack Obama and Vice President Joe Biden Jr. have also been featured in the magazine.

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5. You specifically acknowledge that Magzter.com is not liable for any kind of defamatory or offensive or illegal conduct of other users or third parties or their content and that the risk of injury from the foregoing rests entirely with you.

8. Magzter reserves all rights to monitor the content published and inputted by you for the purpose of determining whether you are compliant with these terms and conditions and other operating rules determined by Magzter. Magzter has the right to take decisions about the content and delete them at its own will.

9. Magzter is a distributor and NOT a publisher of the Publications and so Magzter has no editorial control over the content, including opinions, advice, statements, services, offers etc., that is represented in the magazines. So Magzter will not take responsibility for the accuracy or the reliability for any information or facts provided therein or that is made available through the service, by anyone other than authorised Magzter employees who are acting on their official capacities. Accordingly, we have no editorial control over the Publications. Any opinions, advice, statements, services, offers or other information or content expressed or made available by third parties, including those made in Publications offered by the Service, are those of the respective author(s) or publisher(s) and not of Magzter. Magzter will not be liable for any loss or damage caused by your reliance on information obtained through the Service or from the Publications. The Service may contain links to other Internet sites and third-party resources and Magzter does not assume any responsibility or liability for communications or materials available at such linked sites. These links are provided for your convenience only. You are solely responsible for understanding any terms and conditions that may apply when you visit or place an order through a third-party site.

Details of the objectionable content, including its link on our platform

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Gift your loved ones with a Magzter Gift Card instantly and give them the freedom to read their favorite magazines from thousands of best-selling titles.

Gift your loved ones with a Magzter Gift Card instantly and give them the freedom to read their favorite magazines from {{magCount}} best-selling international titles.

Girish Ramdas is the Co-founder and CEO of Magzter, a New York based startup that has been making waves in the global digital publishing business. Magzter has crossed 80 million users since its inception in 2011 from more than 150+ countries with 1000s of magazines, newspapers and books from more than 4,500 publishers worldwide. He has more than 25 years of experience in cross-platform publishing, including print, mobile, and Web development. During this period, he has co-founded and run three successful start-up businesses. He has enabled magazine companies to go digital and helps them monetize their content across the digital world. Girish's deep industry experience in online, mobile and publishing ecosystems has made him an expert in acquisition, marketing and monetizing digital content across platforms globally.

In the event that you encounter any objectionable content on our platform, we have put in place a grievance redressal policy to address your concerns.

Magzter Inc. (“Company”, “we”, “us” or “our”) knows that you care about how your personal information is used and shared. Please read the following privacy policy (the “Policy”) to learn more about our privacy practices. By visiting any of the websites operated by the Company, and any sub-domains thereof, or using any of our mobile applications and other methods of content distribution (collectively, the “Service”), you acknowledge that you accept the practices and policies outlined in this Policy, and you hereby consent that we will collect, use, and share your information in the following ways.

Magzter Inc. is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 80 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

Magzter is committed to providing a safe and secure platform for our users. Please note that Magzter is merely a platform for publishers to distribute their content. We do not control or endorse the content published on our platform. We cannot be held responsible for the actions of our publishers or their content.

Magzter is not responsible for compensating any party that has suffered damages or incurred costs due to any content, or part of the content, that violates their rights. Magzter is not liable to face any legal action in civil court for any violation of rights caused by any content, or part of the content, that infringes the rights of a third party.

Magzter offers the world’s largest {{allyoucanread}} subscription service called {{gold}} which gives digital readers unlimited access to 8,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

Magzter offers the world’s largest “All-You-Can-Read” subscription service called Magzter GOLD which gives digital readers unlimited access to 8,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

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Prior to Magzter, he was the President of Dot Com Infoway (DCI) and Galatta Media. His duties included strategic marketing, partnership development, and monetizing content globally. DCI grew from a small team of 3 in 2000 to 300 by 2011 and was dealing with web, software and app development for clients globally.

Since we launched, Magzter has been committed to partnering with global organizations to provide the greatest possible newsstand technology & service to our customers. Whether you are looking to offer magazine subscriptions to your customer database or just want to learn more, Magzter is committed to helping your business grow. To find out more, please fill out the questionnaire below:

The DMCA allows us to restore the removed content if the party filing the original DMCA Notice does not file a court action against you within ten business days of receiving the copy of your Counter Notice.

This Policy covers Company’s treatment of personally identifiable information (“Personal Information”) and other information about you and your computer or device that Company gathers when you are accessing the Service. We may collect Personal Information from you, as explained in more detail below, and we use this Personal Information internally in connection with our Services, including to personalize, provide, and improve our products, services, content, and advertising, and to allow you to set up a user account and profile, to contact you, to fulfill your requests for certain products and services, and to analyze how you use the Services. In certain cases, we may also share some Personal Information with third parties, but only as described in point 4.

This title is included with your Magzter GOLD subscription

To analyze the quality of content and provide appropriate feedback to publishers

We have designated a Grievance Officer to address any complaints related to objectionable content.

We request that any complaint related to objectionable content be sent to the Grievance Officer through email to the above-mentioned email address. We also request that you provide the following details when making a complaint:

and the App that provides you the capability to order, subscribe to and receive the delivery of various magazines, books, news and magazine and publication related content (collectively known as 'Publications') and to have these digital versions of the Publications delivered to you

c. We also collect information associated with your use of the application in order to make personalized recommendations. If you provide your third-party account credentials to us, you understand some content and/or information in those accounts (“Third Party Account Information”) may be transmitted into your account with us if you authorize such transmissions, and that Third Party Account Information transmitted to the Service is covered by this Policy.

f. The Personal Information we collect allows us to respond to your requests, improve our products and services, customize the advertising and content you see, and communicate with you about new products.

is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 85 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

n. We will also use usage information in order to ensure users adhere to our Terms of Use. For example, a user’s usage information will help us confirm that a user only downloads a magazine or other content a permitted number of times or to a permitted number of devices.

which gives digital readers unlimited access to 8,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 85 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

Business Today Sri Lanka Magazine - March 2020

Business Today Sri Lanka Magazine - March 2020

In this issue

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