Business

Path to a steady income

Published

6 years ago

2021/03/12

Today in Sri Lanka a trainee in this field draws an average salary of Rs 15,000 – 35,000 and after an year if he / she is updated with the current technology trends , he / she may be able to draw a salary in the region of Rs 150,000 .

But many in Sri Lanka are not aware that there are better opportunities in this field and the only thing needed is dedication and commitment to be a creative entrepreneur.

With the introduction of the computer, the speed of communication has increased drastically . It’s not necessary to possess expensive equipment such as printing machines / transformers or complex networks such as postal / courier networks, but a person with a computer or a smart phone has the opportunity to dessiminate information at a very high speed to anywhere in the world .

This was also changed in an unimaginable way when fb was introduced to the world in 2004 by Mark Zuckerberg and his friends while he was an undergraduate at Harward University. The introduction of other social media networks such as you tube in 2005 , instagram and pintrest in 2010 also facilitated the people to have a more speedy & comfortable communication system all over the world .

It is a common factor that many spend a considerable time with social media networks and waste resources such as time , money and do not gain much when compared to the resources that they spent. It is very sad to note that the facilities available in our country do not support much to educate people on how they can earn through social networking systems .

As such Auxx Me Network Pvt Ltd and POLYMATH College Pvt Ltd joined hands recently to provide the required knowledge to those who are interested in this area. This project is carried out with the collaboration of Skills Development Fund Ltd , an organisation that comes under the purview of the Ministry of Finance. ,

This joint venture will introduce couple of courses and start with ” Social Media Monatizing” which will support the students to become successful entrepreneurs by empowering them with all the necessary knowledge to sell their creativity. Once they gain the necessary knowledge and the skill , they will not only earn a good income but will also support Sri Lanka by bringing much needed foreign exchange .

” To earn money you need not to be a Hard Worker – but a Smart Worker . Many do not wish to be entrepreneurs as Return of Investment is too high . But anyone who follows one of these courses can earn an income more than what they could earn from a traditional job in the ICT industry in a very short time span if he / she uses ability and creativity in correct direction with commitment and dedication. My dream is to prepare 1000 such persons so that my motherland will automatically receive one million Dollars worth of foreign currency through them without sending an iota of resources from the country I was born .” Mr Madushka Dissanayaka, Chairman / CEO of Auxx Me enlightened the audience at the signing ceremony of the partnership agreement .Mr Upali Gunasekara , Principal / Director of POLYMATH College welcomed that idea and pledged fullest support to conduct courses aiming specially the school leavers who seek higher education opportunities in Sri Lanka and overseas.

Mr Madushka Dissanayaka is a pioneer in the Digital Entrepreneurship industry Sri Lanka with more than 12 years experience in the field. He is one of the best content writers Sri Lanka has produced so far bringing lots of foreign exchange to his Mother country . Recently one of his contents earned him Rs 3.6 million which contained merely not more than 650 words . His total portfolio has reached more than 23 million all over the world and bring lots of revenue to Sri Lanka .

This joint venture will introduce to Sri Lankans a new set of innovative professions and open the avenue for those who have a desire to sell their creativity and earn to lead a happy and comfortable life .

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Business

PM ‘Rings the Bell’ at CSE to champion financial literacy and investor education

Published

19 hours ago

2026/10/7

Sahan Weerasooriya

P.M. Dr.Harini Amarasuriya

As part of World Investor Week (WIW) 2026, the Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) joined stock exchanges around the world in ringing the market opening bell for financial literacy on 5 October 2026, under the patronage of Dr. Harini Amarasuriya, Prime Minister of the Democratic Socialist Republic of Sri Lanka.

World Investor Week is an annual global campaign led by the International Organization of Securities Commissions (IOSCO) to raise awareness of the importance of investor education and investor protection. The “Ring the Bell for Financial Literacy” initiative, pioneered by the World Federation of Exchanges (WFE), brings together stock exchanges and other stakeholders worldwide to promote greater financial literacy and encourage individuals to make informed financial decisions.

The ceremony also marked the 40th anniversary of the CSE and the joint launch by the SEC and the CSE of the Stock Market Game, an online stock market simulation based on the ATrad trading system.

The Stock Market Game enables participants to gain practical experience of how the stock market works, make investment decisions and construct portfolios of listed shares without using real money. The platform is accessible through the websites of the SEC and CSE and is expected to serve as an important practical tool for promoting financial education. It is envisaged that the Stock Market Game will also be used to conduct simulation competitions among universities and the 100 Capital Market Clubs established in schools across the country.

The ceremony also featured the commemorative issuance of a stamp and First Day Cover to mark the 40th anniversary of the CSE. Issued in collaboration with the Department of Posts and the Philatelic Bureau of Sri Lanka, the commemorative stamp and First Day Cover were presented to Prime Minister Dr. Harini Amarasuriya, by the SEC Chairman Snr. Prof. D.B.P.H. Dissabandara and Ray Abeywardena, Director CSE and Chairman of Central Depository Systems (CDS).

Welcoming the gathering, Rajeeva Bandaranaike, Chief Executive Officer of the CSE, highlighted the importance of obtaining reliable information when making investment decisions.

“We operate in a digital world where a vast amount of information and data is disseminated through social media. While some of this information is factual, some may be inaccurate or misleading. When investing in the stock market, it is essential to make informed and prudent investment decisions. Therefore, investors should obtain information and data from reliable and responsible sources and persons before making investment decisions.”

Addressing the gathering, SEC Chairman Snr. Prof. D.B.P.H. Dissabandara emphasised that the SEC’s role extends beyond regulation to facilitating the further development of the capital market.

“The SEC needs to determine how best to introduce the stock market to Generation Alpha, Generation Beta and generations beyond. When it comes to investors, we need to build confidence in the market, because people will invest only when they have confidence in the market.’’

Business

Rs. 5 million worth of prizes to be given at 8th edition of CSE Masterminds Quiz Competition

Published

19 hours ago

2026/10/7

Sahan Weerasooriya

The Colombo Stock Exchange (CSE) has announced that the eighth edition of the CSE Masterminds Quiz will be held on 9th October 2026, from 3.00 p.m. onwards, at the Main Ballroom, Shangri-La Colombo.

Recognised as Sri Lanka’s premier capital market quiz competition, CSE Masterminds brings together teams from the public and private sectors. Participants will be tested across international business, global markets, current affairs, the Sri Lankan economy and business, the Sri Lankan stock market, and sports and entertainment, before a concluding rapid-fire round.

This year the winning team can win up to Rs. 2,000,000, the runners-up up to Rs. 1,000,000, and the second runners-up Rs. 750,000. Sector awards will also be presented to the highest-performing team from each participating sector. Guest participants will also be able to compete in rounds of Audience questions, and will have the opportunity to participate a raffle draw for three free return tickets provided by Fits Aviation (Pvt) Ltd.

The evening will also include an exclusive after-party with live music provided by the band ‘Doctor’ featuring guest performer Umara Sinhawansa, fine food and beverages, providing an opportunity for networking and celebration. Every participant will receive a premium goodie bag made possible by the support of the event’s sponsorship partners. Collectively, the event will feature over Rs. 5 million worth of prizes, rewards, and giveaways, encompassing championship prizes, sector awards, audience engagement prizes, raffle draw offerings, and goodie bags.

Sponsorship partners include:

Platinum Sponsors: Hatton National Bank PLC and Bartleet Religare Stockbrokers (Pvt) Ltd.

Gold Sponsors: Ex-Pack Corrugated Cartons PLC, Asha Securities Ltd., and Lanka Securities (Pvt) Ltd.

Silver Sponsors: Barista Coffee Lanka (Pvt) Ltd., Capital Trust Holdings (Pvt) Ltd., LOLC Holdings PLC, Arpico Ataraxia Asset Management (Pvt) Ltd., IronOne Technologies (Pvt) Ltd., and LankaPay (Pvt) Ltd.

Co-Sponsors: Access Engineering PLC, Bank of Ceylon, Commercial Bank of Ceylon PLC, CryptoGen (Pvt) Ltd., Deloitte Lanka (Private) Limited, Dialog Finance PLC, Efutures (Pvt) Ltd., People’s Leasing & Finance PLC, Senfin Asset Management (Pvt) Ltd., and Softlogic Stockbrokers (Pvt) Ltd.

Business

NCCSL to conduct practical workshop on food labelling and advertising regulations in Sri Lanka

Published

19 hours ago

2026/10/7

Sahan Weerasooriya

The National Chamber of Commerce of Sri Lanka (NCCSL) is organizing a one-day practical workshop on “Food Labelling & Advertising Regulations in Sri Lanka” on Thursday, 8th October 2026 from 9.00 a.m. to 4.30 p.m. at the National Chamber of Commerce, Colombo 10. The workshop has been organised to provide a practical understanding of the latest regulatory requirements governing the food products labelling and advertising of food products in Sri Lanka, with particular attention to regulatory developments applicable in 2026, compliance requirements, and the potential legal and financial implications of non-compliance.

As food products increasingly compete not only with quality and price but also on packaging, labelling and promotional claims, businesses must ensure the information they communicate to consumers is accurate, transparent and consistent with applicable regulatory requirements. Understanding these requirements is therefore essential for businesses seeking to protect their brands, maintain consumer confidence, and minimize regulatory and legal risks.

The practical workshop will go beyond an overview of regulations and focus on how businesses can apply regulatory requirements in their day-to-day operations. Participants will be guided through key areas of food regulatory compliance, including the national food regulatory framework, recent food labelling regulations and key changes, mandatory approvals and prohibitions relating to food labelling, and the litigation process associated with regulatory violations. The programme will also cover several areas of growing importance to the food industry, including the EU EMPCO Directive, food colour coding regulations, regulations relating to food trans-fatty acids and the importance of compliance in the use of food additives. Practical exercises will further enable participants to apply their knowledge to real-world compliance situations and strengthen their ability to identify potential regulatory concerns.

For further information and registration, please contact the National Chamber of Commerce of Sri Lanka on 011 4741788 – Nethmi or Udula – 071 403 4775.