Business
SLIIT’s Impact Rankings in Webometrics showcases research excellence

Representing Sri Lanka’s top educational institutions on the international stage and demonstrating a significant advance in its academic web presence and research excellence, SLIIT, the country’s largest non-state degree awarding institute has moved up in the Webometrics country rankings and Impact rankings for 2022.
Based on the latest rankings, Webometrics highlights SLIIT having moved up in Sri Lanka’s local Universities and Higher Education institutes rankings to be placed 13th from the previous from 16th place. Importantly, SLIIT has moved in the Impact category of the rankings to 5th from 6th, compared to the July 2021 deliberations.
Webometrics is the largest academic ranking of Higher Education Institutions published every six months since 2004 by the Cybermetrics Lab in Spain offering an independent, objective, free, open scientific exercise to provide reliable, multidimensional, updated and useful information about the performance of universities listed globally.
In January 2022, it ranked 31,000 Higher Learning institutions from more than 200 countries around the world evaluating these educational institutions across the globe based on Presence, Impact, Excellence and Openness.
Importantly, the Impact indicator accounts for 50% in terms the rankings and refers to the quality of the contents. The Impact rankings helps to recognize the institutional prestige, the academic performance, the value of the information and the usefulness of the services as introduced in the webpages according to the criteria of millions of web editors from all over the world.
Commenting on the marked progress in rankings, Prof. Rahula Attalage, Dean, Faculty of Graduate Studies & Research said, “Since the last six months we have progressed close to 1,000 places in world rankings which is remarkable achievement, we have also moved up in our scholastic excellence, in terms of reputed publications such as Scopus. In Impact we have moved to 5th, and local ranking we have moved to 13th. Even though we are a young institute without a medical school, in competition with older established institutes with medical schools this is indeed an achievement. Looking to the future we believe we can advance our stature into other ranking platforms with our dedicated team aligned to the vision of the institute. The results of these rankings motivate SLIIT to work hard and pave the way towards excellence and service to society thus enriching lives.”
SLIIT’s rankings in the Citation Ranking 2022 as published in the AD (Alper–Doger) Scientific Index is also commendable. Based on these rankings, SLIIT is now placed 7th in terms of total citations among Sri Lankan Universities and Higher Education Institutes. Furthermore, in the H-Index (Google Scholar) SLIIT is ranked 8th demonstrating its researchers having received more citations when compared to other institutes.
Business
Central Bank Presents Annual Economic Review 2024 to President

The Central Bank of Sri Lanka today (07) presented its flagship publication, the Annual Economic Review for 2024 (AER 2024), to President and Minister of Finance, Anura Kumara Disanayake, highlighting the steady progress of Sri Lanka’s economic recovery following the country’s most severe downturn in recent history.
The report was officially handed over by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank, during a special ceremony held at the Presidential Secretariat.
AER 2024 comprises four main chapters: Macroeconomic Developments, Conditions of the Financial System, Review of Central Bank’s Policies and Macroeconomic Outlook.
According to the Review, the Sri Lankan economy showed significant signs of recovery in 2024, following the deep economic crisis experienced two years ago. The recovery trajectory, though challenging, has been notably faster than that of many other debt-distressed countries.
Improvements in economic activity, a partial resurgence in purchasing power and reduced uncertainty are among the key positive indicators noted in the report.
The event was attended by Dr. Nandika Sanath Kumanayake, Secretary to the President, K. M. Mahinda Siriwardena, Secretary to the Treasury, Mrs. K. M. A. N. Daulagala, Senior Deputy Governor, Dr. C. Amarasekara, Assistant Governor, Dr. (Mrs.) S. Jegajeevan, Director of Economic Research and Dr. L. R. C. Pathberiya and Additional Director of Economic Research at the Central Bank Dr. V. D. Wickramarachchi.
[PMD]
Business
IceWarp expands into Sri Lanka, fostering European innovation in collaboration with FentonsIT

IceWarp, a global leader in business communication solutions, has officially launched its cutting-edge platform in Sri Lanka, bringing European expertise in email and collaboration solutions to support the country’s evolving business landscape.
This expansion is driven by a strategic partnership with Fentons Information Technology (FIT), the Information Technology arm of Hayleys Fentons Limited.
The grand launch event held at The Kingsbury Colombo on 4th April, 2025, was graced by several distinguished guests, including Chief Guest Mohan Pandithage, Chairman and Chief Executive of Hayleys PLC.
The presence of Adam Paclt, Global CEO of IceWarp, and Pramod Sharda, CEO for India and the Middle East of IceWarp, along with their global team, highlighted the significance of this expansion. Industry experts, government officials, corporate leaders, and CIOs from the banking, financial services and insurance sectors were in attendance as well, reflecting strong local interest in IceWarp’s European expertise.
With this launch, Sri Lankan businesses now have access to an affordable, scalable and secure alternative to Microsoft 365 and Google Workspace. IceWarp’s advanced Collaboration Suite integrates a wide range of tools into a single, unified platform designed to streamline communication and boost productivity. Offering flexible hybrid deployment options and cost-efficient solution, IceWarp enables organisations to optimise their operations without compromising security or functionality.
Business
Ceylon Energy and HJT China complete key power projects under SESRIP in Sri Lanka

Ceylon Energy and HJT China have successfully completed the Mahiyangana-Kappalthurei 33kV power distribution lines and the Uhana Gantry as part of Sri Lanka’s Supporting Electricity Supply Reliability Improvement Project (SESRIP). Funded by the Asian Development Bank ($42 million), SESRIP aims to expand energy access in underserved regions, including conflict-affected areas and provinces like Uva and North Central.
The project’s infrastructure spans over 270 km of 33kV lines, 13 switching gantries, and 2,372 km of low-voltage extensions.
The projects connect 35,000+ households and improve reliability for 493,000+ consumers; integrates renewables to reduce losses.
The projects’ notable components include: Mahiyangana-Bibila Line: 36 km with 147 steel towers and Kappalthurei-Sixth Mile Post Line: 14 km with 58 towers.
Ceylon Energy Chairman Madushanka Fernando hailed it as a ‘new beginning of a brighter era’, emphasising the project’s role in uplifting rural communities and driving sustainable development.
The initiative underscores Sri Lanka’s commitment to inclusive, reliable energy and climate resilience.
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