Women’s Day 2025 Special: Indian actresses who turned out to be successful entrepreneurs

Several Bollywood actresses have successfully transitioned into entrepreneurship, leveraging their fame and business acumen to build successful ventures. On this Women’s Day, we celebrate these inspiring women who have not only excelled in their acting careers but have also made a significant mark in the business world, breaking barriers and setting new standards for female entrepreneurship. Here are some of …

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Sri Lanka 2030 and Beyond: COYLE unveils vision for growth and entrepreneurial excellence

The Sri Lanka 2030 and Beyond Economic Summit and Entrepreneurial Awards, held on 5 March at Shangri-La Colombo, was a landmark event celebrating the resilience, innovation and ambition of Sri Lanka’s entrepreneurial community.  Organised by the Chamber of Lankan Entrepreneurs (COYLE), the event brought together industry leaders, policymakers and rising entrepreneurs to discuss the nation’s economic future and recognise outstanding …

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Empowering Entrepreneurship: The Role of NEDA in Strengthening Sri Lanka’s Economy

As entrepreneurship gains increasing attention in today’s economic landscape, we had the opportunity to interview Mr. Dhanuka Liyanagamage, Director of the National Enterprise Development Authority (NEDA). With over 18 years of experience in investments and finance, Mr. Dhanuka Liyanagamage has held key managerial positions in both the public and private sectors. He previously served as the Managing Director and CEO …

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Full Responsibility for Collecting Total Tax Revenue Lies with the Inland Revenue Department

A meeting between President Anura Kumara Disanayake and officials of the Inland Revenue Department was held today (05) at the Presidential Secretariat. During the discussion, extensive attention was given to the strategies required to achieve the targeted revenue of the Inland Revenue Department for this year. The President emphasized the necessity of a more intervention approach than the current mechanisms …

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Biz confidence matches its all-time high – LMD

In an exclusive release to the Daily FT, leading business magazine says that “business confidence has nudged up to match its all-time high amid multiple sensitivities.” LMD notes, in its forthcoming March edition: “The LMD-PEPPERCUBE Business Confidence Index (BCI) reached its all-time high in February, by climbing six basis points to 204, from 198 in the previous month.”  “This is …

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Daraz partners NEDA to expand e-commerce access for entrepreneurs with “Daraz Connect”

Daraz Sri Lanka, in collaboration with the National Enterprise Development Authority (NEDA) under the Industry and Entrepreneurship Development Ministry, recently launched “Daraz Connect,” a pioneering initiative aimed at integrating entrepreneurs into Sri Lanka’s digital economy.  This program, in partnership with the Government, provides small and medium-sized enterprises (SMEs) and aspiring entrepreneurs with essential e-commerce training, empowering them to leverage digital …

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SME incubator campaign pivotal step to economic growth: NEDA Chairman Lakshman Abeysekera 

At the CMA Budget forum held last week at Taj Samudra, Colombo, it was revealed that the Ministry of Industries is set to launch a nationwide SME incubator campaign, supported by a Rs. 1 billion allocation for R&D commercialisation in the 2025 Government Budget. National Enterprise Development Authority (NEDA) Chairman Lakshman Abeysekera  said that these programs will initially be implemented …

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Sri Lanka budget aims to transform economy, help repay debt, Dissanayake says

COLOMBO, Feb 17 (Reuters) – Sri Lanka aims to transform its crisis-hit economy to prepare to resume debt repayments from 2028, President Anura Kumara Dissanayake said on Monday as he unveiled a budget that is seen as a key step towards durable, long-term growth. The left-leaning Dissanayake, who is also finance minister, was elected last year to fix the South Asian island nation’s …

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Adopting Change for Entrepreneurial Growth

Gross domestic product (GDP) is an indicator that measures the total value of goods and services generated in a given country over time. Sri Lanka’s Gross Domestic Product (GDP) is a dynamic composite of three primary economic sectors: agriculture, industry, and services. Each sector contributes uniquely to national income, employment generation, and economic stability. Agricultural activities exhibited a notable resurgence, …

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Apparel exports face price squeeze in 2025 – JAAF Secretary General

Increased price competition in 2025 is expected to lead to subdued growth in apparel export revenue during the year despite the forecast increase in apparel exports, according to the Joint Apparel Association Forum (JAAF).  JAAF Secretary General Yohan Lawrence stated that there was a massive pressure on prices due to the current market conditions, because apparel manufacturers were quoting low …

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