IconicSri Lankan multinational conglomerate, Hayleys PLC completed its sixth annual school supply distribution initiative for the 2020 academic year, as part of a long-standing commitment by the group to support rural communities in the North and North Central Provinces under the banner of its flagship ‘Puritas Sathdiyawara: Going Beyond’.
Sunshine Holdings PLC reported notable growth in bottom-line performances during the first nine months of the current financial year (9MFY20). During this period, the Group posted consolidated revenue of Rs. 15.8 billion, delivering a 32.3% Year-on-Year (YoY) increase in Profits After Tax (PAT).
Atlas Axillia recently conducted the Atlas Chooty Rahasak Thagi Godak a promotion inviting Atlas Chooty enthusiasts to send in three empty refills, where each entrant was subsequently entered into the draw.
CIPM Sri Lanka – the Nation’s leader in human resource management organized a ½ day seminar and panel discussion on the topic “Promising Prospects for HR in the Public Sector” on Tuesday 11th February at “HR House” in Colombo 5.
Within the framework of the EU-Sri Lanka Trade Related Assistance project, funded by the European Union (EU) and co-implemented by the United Nations Industrial Development Organization (UNIDO) and the International Trade Centre (ITC), UNIDO is facilitating the achievement of international recognition for select conformity assessment bodies (CAB) to increase the supply and array of quality infrastructure services offered to enterprises in the food and spices sectors in Sri Lanka.
President Gotabaya Rajapaksa instructed officials to take measures to uplift local industries and encourage investors by removing obstructions.
The Committee on Public Accounts report on 844 institutions of State, Provincial Councils and Local Government for the Fiscal Year of 2018, was tabled in Parliament today (18th) by its Chairman, State Minister Lasantha Alagiyawanna. That report consists of over 800 pages.
Deutsche Bank announced it is investing in Sri Lanka and launching a major push into the corporate client market, with the rollout of a new digitally-enhanced foreign exchange (FX) platform.
President Gotabaya Rajapaksa stated that his resolution is to transform Sri Lanka as the most favourable country for investments.
Ceylon Chamber identifies Afghanistan as a potential market to further expand business with Sri Lanka »
“I am very grateful to H.E. the President Gotabaya Rajapaksa and the Hon. Prime Minister Mahinda Rajapaksa for their deep interest in elevating Afghanistan - Sri Lankan bilateral ties and further enhancing our two countries’ cooperation within the South Asian Association for Regional Cooperation (SAARC),
The following 14 member squad has been selected to represent the ‘Board President’s XI’ to play the Warm Up Game vs West Indies, scheduled to be played on the 20th February, 2020 at the CMCG, Katunayake.
Sri Lanka Air Force Men’s Team defeated Sri Lanka Army Team to emerge as Champions at the National Club Kabaddi Championship 2020 held from the 14th to the 16th of February 2020 at Point Pedro Mahajana Grounds, Jaffna.
New Defence Attaché of the Embassy of People’s Republic of China, Senior Colonel Wan Dong made a visit to the Naval Headquarters recently
The Sri Lanka Export Development Board (EDB) is on a call for applications from companies with cutting-edge technologies to join its delegation to Japan IT Week 2020 from 8-10 April.
The Export Development Board has taken an initiative to enhance the efficiency and effectiveness of EDB Services delivering satisfaction to all customers. The Exporters, Entrepreneurs and public alike will be assisted through the Help Desk on support services and necessary guidance on other related Institutions.
Prime Minister Mahinda Rajapaksa said the contribution by the Honganji Foundation led by the Most Ven. Ohtani Chohjun towards strengthening the relations between Sri Lanka and Japan over the decades has been monumental.
Hon. Minister, Douglas Devananda’s attention has been directed to improve the boat production factory at Karainagar, Jaffna with new technology for the benefit of the entire country. He said so when he made an observation tour recently to look into the affairs of the factory.
Sri Lankan students, currently enrolled at the People’s Friendship University of Russia (RUDN), are organizing the Sri Lankan Cultural Week to promote Sri Lankan historic and cultural heritage among the international student community at the RUDN University.
The Sri Lanka Tourism Promotion Bureau (SLTPB) in partnership with the Embassy of Sri Lanka in Sweden arranged the participation of Sri Lankan Destination Management Companies (DMCs) at Tourest 2020 in Tallin, Estonia on 7-9 February.
Marriot Hotel – Islamabad and Pearl Continental Hotel – Rawalpindi with the support of Sri Lanka High Commission organized a Sri Lanka food festival on the 05 and 06 February 2020 in Islamabad and Rawalpindi in line with the 72nd anniversary of the independence of Sri Lanka.
An exhibition of paintings was held recently at the High Commission of Sri Lanka in New Delhi to coincide with the 72nd anniversary of Independence of Sri Lanka.
The Ambassador of Sri Lanka to the Republic of Korea, Dr. A. Saj U. Mendis, called on the Co-Chief Executive Officer (CEO) & Chief Global Strategy Officer of KB Financial Group of Kookmin Bank Cho Nam Hoon, recently, at the Corporate Head Office in Seoul.
Ambassador Mohamed Rizvi Hassen paid a courtesy call on Speaker of Parliament of Turkey Mustafa Sentop at his office in Ankara
The Consulate General of Sri Lanka in Frankfurt assisted the Export Development Board in organizing the Sri Lanka Pavilion at the World´s Leading Trade Fair for ‘Organic Food and Natural Beauty’ – BIOFACH 2020 in Nuremberg, Germany from 12 to 15 February 2020.
Mainly fair weather will prevail over most parts of the island. Misty conditions can be expected at some places in Western, Sabaragamuwa and Central provinces during the morning.
More than 300 Americans rescued from a cruise ship quarantined off Japan because of the new coronavirus arrived back in the United States Monday for two more weeks of medical seclusion, as concern rose over passengers who dispersed around the globe after leaving another ship in Cambodia.
Millions worldwide may have seen the desert fortress in the hit fantasy series "Game of Thrones", but fewer know they can visit the Moroccan village of Ait-Ben-Haddou.
Amazon boss Jeff Bezos has pledged $10bn (£7.7bn) to help fight climate change. The world's richest man said the money would finance work by scientists, activists and other groups.
Apple has warned that disruption in China from the coronavirus will mean revenues falling short of forecasts. The tech giant said production and sales were affected, and that "worldwide iPhone supply would be temporarily constrained".
Fitch Ratings has affirmed Siyapatha Finance PLC’s National Long-Term Rating of ‘A-(lka)’. The Outlook is Stable. The agency has also affirmed the National Long-Term Rating on Siyapatha’s senior unsecured debentures at ‘A-(lka)’ and subordinated debentures at ‘BBB+(lka)’.
Fitch Ratings has affirmed Singer Finance (Lanka) PLC’s (SFL) National LongTerm Rating at ‘BBB(lka)’. The Outlook is Stable. A full list of rating actions is at the end of this commentary.
Fitch Ratings has assigned DFCC Bank Plc’s (DFCC, AA-(lka)/Negative) proposed Sri Lanka rupee-denominated Basel III-compliant subordinated debentures an expected National Long-Term Rating of ‘A+(EXP)(lka)’.
With a renewed focus on empowering their employees to become product consultants to a growing global clientele, software product engineering specialist 99X Technology engaged Tarigo Consulting, UK to conduct Product Management workshops to drive their next wave of growth.
Standard Chartered has been the Official Main Partner of Liverpool FC (LFC) since 2010 and this year marks the 10th anniversary of the longstanding partnership.
NDB Becomes the Official Team Sponsor of Trinity Rugby 2020 as well as the Official Sponsor for the 76th Bradby Shield »
NDB Bank recently joined hands with Trinity College, Kandy for the first time as the official sponsor of Trinity Rugby 2020 as well as the official sponsor for the 76th Bradby Shield. Trinity College, Kandy has a rich and proud history in Rugby. Trinity took up Rugby in 1906 and is the only School to continue playing rugby to date.
Coca-Cola rehabilitates two water reservoirs to open floodgates for economic and social empowerment »
Restoring the marvel of ancient engineering in Sri Lanka, Coca-Cola Beverages Sri Lanka Ltd. (CCBSL) with the funding support of The Coca-Cola Foundation, and under its commitment to water stewardship, took the lead to rejuvenate two key water reservoirs in the marginalized village of Thammanawa in Anuradhapura.
Sarvodaya-Fusion partners with Open University of Sri Lanka and NIBM to offer advanced ICT education to rural children »
In line with its mission to offer valuable Information and Communication Technology (ICT) education opportunities to rural youth, Sarvodaya-Fusion recently partnered with the Open University of Sri Lanka (OUSL) and National Institute of Business Management (NIBM) to facilitate advanced ICT learning opportunities to students across the island.
As the bank with a heart, driven with a strong desire towards progressive knowledge sharing and transformation, Seylan Bank recently concluded “Divunuwata Saviyak”, a knowledge-sharing workshop for potential entrepreneurs interested in the export sector. The event was held at the Full Moon Garden Hotel in Katunayake recently.
Singer, country’s premier consumer durables retailer recently partnered with cake specialist, Dushanthi Madanayake in an attempt to provide an all-new user experience for food enthusiasts who are passionate about baking products and equipment.
HNB Assurance PLC (HNBA) announced its qualifiers for the upcoming prestigious Million Dollar Round Table Conference (MDRT) in the United States of America. The Company has produced its highest number of MDRT qualifiers of 75, including 3 Court of the Table (COT) qualifiers and 1 Top of the Table qualifier (TOT). This is the highest number of MDRT and COT achievers the Company has produced.
CIPM Sri Lanka – the Nation’s leader in human resource management hosted the President of the Civil Service Commission of Maldives (CSC) – Dr. Aly Shameem (PhD) and Ms. Maryam Saaniga Rasheedh – Second Secretary of the Maldivian High Commission in Colombo for a discussion on the capabilities of CIPM Sri Lanka in assisting the CSC in building capacity to fulfill its future endeavors and objectives.
HMD Global, the home of Nokia phones, announces the Nokia C1 availability in Sri Lanka, a smartphone designed to entertain – anytime, anywhere. Nokia C1 featurs an impressive 5.45" display and with lighter apps and less bloatware,
Pan Asia Bank, recently introduced yet another novel concept internally to enhance employee engagement coinciding with the Valentine’s Day.
Ambassador Pays Courtesy Call on Newly Appointed Minister of State for Foreign Affairs of Ethiopia »
Ambassador Sugeeshwara Gunaratna paid a courtesy call on the newly appointed Minister of State for Foreign Affairs, Redwan Hussien, on 12 February at the Ministry of Foreign Affairs, Ethiopia.
The Embassy of Sri Lanka in Manila, in cooperation with the Sri Lanka Tourism Promotion Bureau (SLTPB), organized a tourism promotion and high-level networking session themed “So Sri Lanka: The Resplendent Island” on 5 February 2020 at Shangri-La Makati. The event was held in line with the SLTPB’s participation at the PTAA Travel Tour Expo 2020.
Sri Lanka Food Festival 2020, Turkey concluded in a high note in Ankara and historic city of Istanbul. The Embassy of Sri Lanka, Ankara coinciding with the 72nd Anniversary of Independence of Sri Lanka in collaboration with the Hilton hotel Colombo, Qatar Airways, Swiss Hotel in Ankara, Hotel Anemon Galata, Istanbul and Beta Tea House, Istanbul organized Sri Lanka Food Festival 2020 Ankara segment from 04-05 February and Istanbul segment from 08 -10 February.
Turkey looks forward in sharing Sri Lanka’s experiences in combating terrorism and enhancing intelligence sharing in a combined effort to combat violent fundamental extremism.
With the conclusion of the week- long firearms amnesty, the Police together with other intelligence agencies have commenced raiding illegal firearms. During the grace period, 200 firearms without valid permits or with no renewed permits have been handed over to Police stations in nine provinces.
Sri Lanka and Turkey concluded the negotiations of the “Elimination of Double Taxation with respect to taxes on income and the prevention of tax evasion and avoidance” from 21 to 24 January 2020 in Ankara.
The Prime Minister of Thailand General Prayut Chan-o-cha recalling the strong bilateral ties between the two countries reassured the support of Thailand for Sri Lanka’s development efforts.
Foreign Minister Dinesh Gunawardena met yesterday (17 February 2020) the visiting US Congressional delegation, comprising Mr. Ami Bera, MD, Chairman, House Foreign Affairs Subcommittee on Asia, the Pacific, and Non-Proliferation and Representative Mr. George E.B. Holding, Member of the House Ways and Means Committee, Budget Committee and Ethics Committee and two members of the Congressional Committee Staff.
The Sri Lanka Embassy in Tokyo is closely coordinating with the cruise company of the Diamond Princess in regard to the safety of the two Sri Lankans on board the vessel in Yokohama Japan. The Embassy has informed that the two Sri Lankans who are crew members are in good health and are regularly in contact with their relatives in Sri Lanka
The preliminary report of the 4- member Committee appointed to review the proposed Millennium Challenge Corporation Compact (MCC) was handed over to the President Gotabaya Rajapaksa at the Presidential Secretariat yesterday
Earnings from exports declined while expenditure on imports increased during December 2019, widening the trade deficit. During the year 2019, the trade deficit contracted significantly, driven by a sharp contraction in import expenditure.
Decisions taken at the meeting of the Cabinet of Ministers held on 12.02.2020. Contribution of Sri Lanka for the arrears amounts recovery and loan concessionary package expected to be established in assistance for the reformation process of Somalia, using the internal resources with the contribution from the member countries of the International Monetary Fund (IMF).
The Ambassador of Turkey to Sri Lanka, Demet Sekercioglu paid a courtesy call on the Commander of the Sri Lanka Air force, Air Marshal Sumangala Dias at the Air Force Headquarters
SLAF Women’s Team emerged as Champions while the Men’s team became Runners Up at the Defence Services Volleyball Championship 2020.
Permanent Mission of SL to the UN’s together with the Sri Lankan community in the tri-state area of NYK celebrate the 72nd Anniversary of Independence »
The Permanent Mission of Sri Lanka to the United Nations, in association with the Sri Lankan community of the tri-State area of New York, celebrated the 72nd Anniversary of Independence on 9th February 2020 at the High School of Fashion Industries Auditorium in New York. The event was attended by an audience of over 700 persons.
The Japanese Government will ensure that President Gotabaya Rajapaksa’s scheduled visit to Japan will be successful and productive, assured Japanese Ambassador Akira Sugiyama. He met with President Rajapaksa last evening
Some parts of the island will prevail mainly by fair weather. In some areas in the Nuwara-Eliya district in the early hours of the morning there is a chance for ground frost. Wind speeds in the districts of Matara, Hambanthota, Monaragala, Gampaha, Kurunegala and Puttalam may sometimes increase to 40-50 kmph.
Afghanistan Ambassador to Sri Lanka M. Asharf Haidari pledged that Afghanistan would provide its assistance to Sri Lanka in countering drug trafficking in the South Asian region.
Siyapatha Finance PLC, being the first finance company to join the National Card Scheme of Lanka Clear, launched the JCB/LankaPay/Siyapatha Dual Interface Debit Card (Siyapatha Card) on Wednesday 12th February 2020.
With the coronavirus epidemic becoming a serious cause for concern, the Hambantota International Port (HIP) has put in place several measures to ensure the safety of their staff, environment, and the general public.
Paragon Holdings, specialising in outdoor advertising, TV & Radio advertising production, event management, and digital marketing announced the launch of their augmented reality application through Sri Lanka Augmented Reality (SLAR), recently in Colombo.
Aitken Spence Travels the leading destination management company in Sri Lanka has been awarded the Travelife Certified sustainability award. The Travelife Certified award is recognition for the company’s long-term efforts and leading position regarding sustainability and corporate social responsibility.
Dialog Axiata PLC, Sri Lanka’s premier connectivity provider and the only 4G VoLTE and VoWiFi mobile network, authorised reseller and partner network for Apple devices, launched the highly anticipated Apple Watch Series 5 in Sri Lanka on 7th February 2020.
IMI Games, Sri Lanka’s premier online gaming platform by Arimac Digital has partnered with Sri Lanka’s first-ever home grown Pizza brand, Harpo’s Pizza & Pasta to launch their brand-oriented gamification project, ‘Harpo’s Pizza Rush’on IMI games platform.
Dwaraka, a pure vegetarian spot for authentic North and South Indian flavors opened their second restaurant at Old Quarry Road, Mount Lavinia recently. The fully air conditioned restaurant has a spacious dining area that comfortably accommodates 100 persons with all modern facilities.
Cementing its presence as the most preferred mobile service provider among youth, Airtel Lanka recently announced ‘Data Double, Awasi Double’ the telco’s latest package which provides double data benefits. The new offer aims to provide users with maximum value by delivering 100% extra data on Rs. 99 recharges via the ‘My Airtel’ App.
The Commercial Bank of Ceylon has announced it will keep 70 branches open for business on Friday, 21st February, a Public and Bank holiday to mark the celebration of Mahasivarathri.
India assist’s to Central Province House Projects and new Auditorium for Thondaman Vocational Training Centre »
Foundation Stones laid for India assisted projects in Central Province : Indian Housing Project at Vellai Oya Estate and New Auditorium for Thondaman Vocational Training Centre (TVTC), Hatton
Acting High Commissioner of India speaks about India’s recent strides in the renewable energy sector: Energy alternatives should be “available, affordable and accessible” »
Acting High Commissioner of India Mr. Vinod K. Jacob spoke about key milestones achieved by India in the renewable energy sector. He was speaking at the third edition of Renewable Energy Growth Forum - Sri Lanka Chapter - which was held in Taj Samudra recently.
At the Lotus Tower today, retired Major General Prasad Samarasinghe took up duties as Head of management. He had served in the capacity of Sri Lankan Army chief of staff until his retirement in 2015 after 35 years of service in the Sri Lankan Army.
An event organized to hand over the 33 students who were flown back from Wuhan in China, to their parents was held under the patronage of the Commander of Sri Lanka Army and Chief of Staff of the Sri Lankan Army Lieutenant General Shavendra Silva at the Army Headquarters in Akuregoda recently.
Timelines evolved externally would hinder process of reconciliation – Sri Lanka’s envoy tell the UN Security Council »
Local News: The Government has informed the UN that ‘timelines evolved externally in achieving stated objectives would only seek to hinder
The Embassy of Sri Lanka in the Kingdom of Bahrain successfully co-ordinated Sri Lanka’s participation at the “Bahrain for All” festival held at Bahrain Bay from 06 to 07 February 2020.
A meeting between President Gotabaya Rajapaksa and representatives of Progressive Trade Union Federation held at the President’s House in Fort recently
Classic Travel and FlySmiLes encouraging all to fly more – • FlySmiLes members can earn a free mile on the membership program for every LKR 100 spent at Classic Travel »
Classic Travel, a subsidiary of Expolanka Holdings PLC, will be the first travel agency to partner with SriLankan Airlines. The company will join a large network of international and local partners that offer the airlines’ passengers benefits and rewards on their FlySmiLes membership.
President of the Republic of Guinia-Bissau, Umaro Cissoko Embalo, accompanied by Ms. Suzi Barbosa, Minister of Foreign Affairs of Guinea-Bissau who made a brief visit to Sri Lanka this morning en route to Spain called on Prime Minister Mahinda Rajapaksa at Temple Trees.
Once more extension of beach clean-up drive of the Sri Lanka Navy, mooted in view of conservation of beaches around the island, was successfully carried out at several beaches in the Eastern, Southern, North Central and South Eastern Naval Areas, on 10th, 15th and 16th February 2020.
Commercial Bank of Ceylon Chairman Mr Dharma Dheerasinghe was the Chief Guest and keynote speaker at ‘New Horizons’ – a special programme organised by the Kuwait Chapter of Sri Lankan Chartered Accountants to promote Sri Lanka as a land of opportunities.
The Bank of Ceylon felicitated two thousand Grade 5 scholarship highflyers of 2019 recently with a scholarship worth Rs.15,000/- each, encouraging students to pursue their education diligently.
In appreciation of the significant contribution of women towards enriching the many lives around them, Amãna Bank has once again launched its “Ladies Shopping Bonanza” promotion for its Ladies Savings Debit Card holders.
President Gotabaya Rajapaksa inspected the progress of Port City Colombo yesterday (16). Attention was drawn to the plan of the Port City during the National Law Conference held under the patronage of President Rajapaksa recently.
Mainly fair weather will prevail over most parts of the island. However, showers or thundershowers may occur at a few places in Sabaragamuwa province and in Kaluthara, Galle and Matara districts after 2.00 pm.
Colonel David Ashman, the Defence Adviser at the British High Commission in Sri Lanka met the Commander Eastern Naval Area, Rear Admiral Merril Wickramasinghe recently
A National Salaries Commission has been established to provide guidance and assistance to the Government in formulating and executing a National Salaries Policy. The Commission has been established by President Gotabaya Rajapaksa in accordance with the powers vested upon him under the Article 33 of the Constitution.
SL’s Electrocutions Reached an Alarming Situation In 2019 Due To Illegal Power Tapping– PUCSL Report »
Sri Lanka reported 103 fatalities due to electrocution in the year 2019 up from 89 fatalities reported in 2018, the electrocution report 2019 released by the Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, revealed.
Israel is willing to assist Sri Lanka to digitalise its state sector while strengthening military ties, sharing intelligence and offer more training opportunities for Sri Lanka Police and Tri Forces personnel.
Corporate trailblazer, Chairman of Greener Water Limited Dhammika Perera (Fully owned subsidiary of Vallibel One PLC) and Chairman of Summer Season Limited Mohan Pandithage signed two groundbreaking MOUs to establish global luxury brands JW Marriott & Ritz Carlton in Sri Lanka.
Teejay Lanka PLC has reported profit before tax of Rs 2.364 billion at Group level for the nine months ending December 31, 2019, an improvement of 56% over the corresponding period of the previous year.
With effect from 1st February 2020, Hajar Alafifi assumed duties as Chairperson of Unilever Sri Lanka and joins the Unilever South Asia Leadership Team. Taking the helm from her predecessor, Carl Cruz who has been appointed as Managing Director, Unilever West Africa Multi Country Operation (MCO) – Ghana and Nigeria.
Sri Lanka Insurance relocates the Gampaha branch providing total insurance solutions with a hassle free customer experience for the customers in the area.
Everyone aspires to live a long healthy life and as we go on this journey, we do everything we can to ensure our families are happy. But things don’t always go as planned and unwelcomed things can happen. That is why having a life insurance plan is important, so that even in unfortunate times, your family can remain financially secure.
AkzoNobel Sri Lanka kicks off Let’s Colour initiative with a successful event at SOS Children’s Village in Monaragala »
AkzoNobel Paints recently kicked-off its activity in Sri Lanka as part of its partnership with SOS Children’s Villages, where employees volunteered to visit the SOS Village in Monaragala for a fun-filled day which involved the painting of an entire family home, the donation of paint for the rest of the Village, as well as enjoyable activities for the children.
Boat Building is a focused sector identified in the National Export Strategy (NES) 2018-2020 as it has the potential to contribute markedly to the foreign exchange earnings of the country.
Aitken Spence PLC remained resilient during a difficult period through its diversity of investments in eight countries, thereby recording favourable results for the nine months ended December 2019.
HNB Finance Limited, a licensed finance company has obtained approval from the Colombo Stock Exchange to list its voting and non-voting ordinary shares.
Union Bank announced the re-launch of latest Union Bank BizDirect+ proposition which is enhanced with new features for better performance and convenience of clients.