Sri Lanka News Update Today
News Update Today
A four-member delegation of the German Parliament led by Dr. Peter Ramsauer, Head of the Committee for Economic Cooperation and Development, arrived in Sri Lanka yesterday. The visit to Sri Lanka is from 19 to 24 February.
The President made these remarks addressing the 22nd National Conference of the All Ceylon Samurdhi Development, Agricultural Research and Production Assistants Union held at the Temple Tress, today
Owing to the resounding success and overwhelming customer response it has had in the previous years, Amãna Bank has once again introduced its highly rewarding Children’s Savings Grow Your Balance Gift Fiesta for the year 2020.
Siyapatha Finance PLC, a leading financial organization in Sri Lanka has appointment Palavinnege Sumith Cumaranatunga as Chairman ewith effect from February 12. The appointment follows the retirement of Channa Palansuriya.
Health, Nutrition and Indigenous Medicine Minister Pavithra Wanniarachchi said that Sri Lanka has one of the best health systems in the world and because of that the country was able to prevent the COVID-19 outbreak here and cure the Chinese female tourist infected with the virus.
According to Co-Cabinet Spokesman Bandula Gunawardena, the notification from the Gazette to form a separate Urban Council for Sainthamaruthu has become invalid following the Cabinet decision not to proceed with the Gazette right now.
Snapchat's augmented reality Lenses are already able to recognize landmarks, transform faces and bodies and play games. A new set of ground-sensing filters are going to make landscapes start looking weird.
120 lucky winners won overseas holiday packages for two in 2019 from AIA’s Real Rewards programme. Initiated in 2014, the programme offers more benefits to the customer, while placing AIA even higher on the scale of superlative customer experience.
01 The agreement between the Government of the Democratic Socialist Republic of Sri Lanka and the Government of Czech Republic for the prevention
Indian education startup Unacademy gets a big boost from Facebook as it announced on Wednesday that the social media giant joined the company's latest funding round.
Larry Tesler, an icon of early computing, has died at the age of 74. Mr Tesler started working in Silicon Valley in the early 1960s, at a time when computers were inaccessible to the vast majority of people.
The Duke and Duchess of Sussex will formally step down as senior royals from 31 March, a spokesperson for the couple has said. They will no longer carry out duties on behalf of the Queen but arrangements will be reviewed after 12 months.
China reported a big drop in new coronavirus cases on Thursday, fuelling hopes the epidemic is nearing its peak, but Japan faced a growing crisis as two passengers from a quarantined cruise ship died.
Thai conglomerate Central Retail launched the country's biggest ever IPO Thursday, giving it a market cap of around $8.1 billion in a punt on a sputtering economy now hampered by the new coronavirus.
Sri Lanka showed its commitment to highlight the destination an iconic tourist hotspot by attracting the Swiss citizens, as it participated at the FESPO Travel Fair, Zurich, Switzerland, which was held from 31st January to 03rd February 2020.
Pan Asia Banking Corporation PLC, “the Truly Sri Lankan Bank” ended 2019 Q4 with its best financial results ever, to report a Post Tax Profit of Rs.726.84 million during the final quarter, recording an impressive growth of 58% demonstrating its resilience amidst challenging conditions.
In January 2020, the longstanding PAYE tax for salaried individuals was removed, and instead replaced with a quarterly income tax payment platform. The income tax payments need to be calculated and settled as a cumulative on a quarterly basis.
Nations Leasing from Nations Trust Bank introduces yet another pioneering first for Sri Lanka in the digital front, with the revolutionary “Nations On-site Leasing’ proposition”. The new offering is a dream come true for vehicle buyers and sellers alike, enabling the completion of the full lease process at the vehicle sales point, potentially enabling new owners to drive away on the same day.
Sri Lankans can now open a securities account instantly with their Stock broker under a new decentralization program by the Central Depository Systems (CDS) eliminating the need to forward application forms and connected documents to CDS and wait for the CDS to open the account and confirm to the stock Broker and for the stock broker to notify the account holder.
Recently-renovated ‘Coral Cove’ Holiday Resort, managed by the Security Force Headquarters - East (SFHQ-E) in the general coastal area of Kayankerni, just 10 km away from Valachchenai town offers the ideal relaxation and comfort for both Army personnel and the general public alike.
Army swimmers participating in the 2 km Open Swimming Meet at Balapitiya sea beach on Saturday (15) secured the overall men’s Championship (open) after competing against more than 400 Army, Navy, Police and 25 teams from island-wide sports clubs and school teams during the two-day long tournament.
A gathering of a few more than 250 tri-service personnel, headed by the Secretary Defence, Major General (Retd) Kamal Gunaratne, acting Chief of Defence Staff and Commander of the Army, Lieutenant General Shavendra Silva, Navy and Air Force Commanders recently (18) took part in the globally conducted ‘CISM Day Run’ in Colombo.
Colonel Michael Fricke, the Military Attaché at the German Embassy in India made an official visit to the Naval Headquarters yesterday
Dialog Axiata Group, the largest Foreign Direct Investor (FDI) operating under the aegis of the Board of Investment of Sri Lanka (BOI), yesterday announced the entering into of two supplementary agreements with the BOI for the investment of an additional $ 254.1 million (Rs. 46.1 billion) in Sri Lanka’s ICT infrastructure.
Showery and windy conditions are expected to temporarily improve in the Eastern Uva and Central Provinces from today (20th) evening during the next few days. Many shower spells can occur in the Western, Uva and Central Provinces and in the districts of Hambanthota, Polonnaruwa, and Mullaitivu.
President Gotabaya Rajapaksa has directed all Provincial Councils and Local Authorities to suspend the imposition of any extra levy or raising any existing rates or taxes. Furthermore, these bodies have been requested to review the entire local authority rate and fees structure to simplify it within 30 days from to date
John Keells Properties signed a partnership agreement with Union Assurance -one of the country’s leading life insurance providers for corporates and individuals- to provide a comprehensive life insurance solution for TRI-ZEN customers.
Ceylinco Life has ended 2019 on a characteristically strong note, with consolidated income of Rs 32.1 billion for the 12 months ending 31st December 2019, reflecting top line growth of 9.9 per cent.
Aster Residencies (Pvt) Ltd completed construction of its flagship residential project, handing over brand new apartments to residents, many of whom are first-time homeowners. The complex has been designed to offer true affordability and trusted quality for people seeking upscale apartment living, consisting of modern amenities and high-quality finishes, coupled with quick access to Colombo city. The condominium project is a joint venture between Aster Residencies (Pvt) Ltd and Maga Engineering, Sri Lanka’s largest construction company.
In a bid to extend a practical helping hand to persons with disabilities, Expo Visa Services, a subsidiary of Expolanka Holdings reached out to the Specialised Training and Disability Resource Centre of Employers’ Federation of Ceylon (EFC) to provide visa application services to persons with disabilities seeking foreign training opportunities.
Seylan Bank emerged runners up in the banking sector at the ACCA Sri Lanka Sustainability Reporting Awards 2020, which concluded recently.
Sampath Bank’s Board of Directors has recommended a final cash dividend of Rs 11.75 per share to be paid for the financial year ended 31st December 2019 subject to the approval of the shareholders at the Annual General Meeting to be held on 30th March 2020. The dividend payout ratio for the year ended 31st December 2019 is over 40%.
WERK, Sri Lanka’s first online woman-centric professional network, was launched amidst much anticipation on Saturday, 15 February at Hatch in Colombo. The well-attended event brought together invitees from various stages in their respective professional lives, paving the way for a promising line-up of projects from the new online platform.
Seven members of team Seylan Bank has been rewarded by MasterCard for its excellent performance in promoting the Seylan Freedom Credit Card during a two-month promotional period.
Dialog Axiata PLC announced its consolidated financial results for the year ended 31st December 2019. Financial results included those of Dialog Axiata PLC (the “Company”) and of the Dialog Axiata Group
With a pledge to build the eSports category, Mobitel, the premier connectivity provider in partnership with Gamer.LK has come forward to power Sri Lanka’s largest Mobile league tournament.
Unilever Sri Lanka has developed a plastic-free, environment-friendly packaging for its trusted baby care soap brand – Pears Baby, taking an important step forward to help curb the amount of plastic that enters the environment.
Sri Lanka Institute of Marketing (SLIM), the national body for Marketing in Sri Lanka, announced the instigation of their annual award ceremony, SLIM DIGIS 2.0, for the year 2019.
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.
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 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.
Special prayers were offered at the Dewatagaha Mosque at C. W. W. Kannangara Mawatha, Colombo 7 recently to mark the 100th anniversary of the Commercial Bank of Ceylon.
The focus of the centenary celebrations of the Commercial Bank of Ceylon moved to Kandy recently when the Bank engaged in a tree planting project in the hill country capital to mark the milestone.
Sri Lanka’s No. 1 bank, BOC recently joined hands with Sri Lanka’s National Mobile Service Provider, Mobitel, to deliver convenience to Mobitel customers in making digital payments through QR (quick response) code based payment solution, SmartPay.
Showers will sometimes occur in the provinces of the East and Uva, and in the districts of Matale, Nuwara-Eliya and Hambanthota. Several shower spells will occur in district Polonnaruwa.
Dreams of culinary glory on the world stage took wing on Emirates to Germany this week, when the stars of Sri Lankan chefdom departed for the 2020 Culinary Olympics with the support and blessings of the world’s leading international airline.
The global trading environment is evolving rapidly with numerous developments in global production networks and global value chains. These developments are a result of product fragmentation; cross boarder dispersion of components and production/assembly.
Sri Lanka Army (SLA) has facilitated the Paddy Marketing Board (PMB) to purchase over 3,268,600 kilos of paddy worth of over Rs. 163,430,000 during last two weeks.
President Gotabaya Rajapaksa made an unannounced visited the Welikada prison in the evening, recently. President Rajapaksa engaged in casual conversation with the prisoners. A majority of these prisoners have been imprisoned for using narcotic substances.
Veteran musician Jagath Wickramasinghe has been named Sri Lankan Broadcasting Corporation (SLBC) chairman. Wickramasinghe, a musical Sangeet Visharad, went on to study at the Bhatkhande Music Institute in Lucknow, India.
The World Health Organization (WHO) says the official name for the disease caused by the new coronavirus is Covid-2019. “We now have a name for the disease and it’s Covid-19,” WHO chief Tedros Adhanom Ghebreyesus told reporters in Geneva.
From this year onwards, the Department of Examinations has decided to use online application form for exams such as the Ordinary Level, Advanced Level and the Grade Five Scholarship Test. Through this, the students could be given a more effective and safer service.
An earthquake of magnitude 5.4 has been recorded today at 2.34 am (12) in the Indian Ocean off Sri Lanka's South East coast, the Meteorology Department says. Nevertheless, the Department noted that there is no tsunami danger to the island due to the 10 km deep earthquake.
The Ministry of Passenger Transport will soon be launching a smart card for quick train travel and an e-ticketing system for seat reservation in trains. Minister Mahinda Amaraweera has submitted a Memorandum to the Cabinet requesting its approval to implement these two facilities.
President Gotabaya Rajapaksa says that the present education system should be reformed in order to achieve a rapid growth in economy. During the meeting at the Presidential Secretariat recently
President Gotabaya Rajapaksa advised to expedite the surveying of the land units during a discussion at the Presidential Secretariat.
International Military Sports Council (CISM) Day Run is organized annually by member countries of the International Military Sports Council to celebrate its anniversary worldwide. It is in this backdrop, the Sri Lanka Navy is organizing the CISM Day Run – 2020 which is scheduled to be flagged off at the Galle Face Green on 18th February 2020 at 5.30 a.m., with the attendance of tri-service personnel and distinguished invitees.
Showers expects in Eastern and Uva provinces and in Matale, Nuwara-Eliya, Hambanthota and Polonnaruwa
Many shower spells can occur in the provinces of the East and Uva, and in the districts of Matale, Nuwara-Eliya, Hambanthota and Polonnaruwa. Showers or thundershowers will take place after 2 p.m. at several places in Sabaragamuwa and Western provinces, and in districts of Galle and Matara.
The inspiration for its name may be rooted in mythology, but Kia’s Seltos SUV wowed the audience with its very real looks and muscle at a grand Colombo preview befitting the debut of a new automotive deity from the pantheon of the Korean car maker.
SriLankan Airlines flew the West Indies cricket team into Colombo yesterday for its tour of Sri Lanka. The 25-member squad flew in from London on two flights, enjoying the comforts of the national carrier’s Business Class cabin.
NDTV’s Coverage of Colombo Fashion Week as part of Celebrate Colombo wins Indian Television Academy Award
NDTV’s coverage of Colombo Fashion Week as part of showcasing fashion during the creative festival, Celebrate Colombo by So Sri Lanka has won at the prestigious Indian Television Academy Awards, making it a milestone win for NDTV.
On the 06th of February 2020 DSI announced the launch of the 20th DSI Supersport Schools Volleyball Championship at a press conference held at Hotel Nippon, Colombo.
Hindu religious observances including Abhisheka poojas were conducted at Sri Kailasanathar Devasthanam, Maradana in February, to invoke blessings on the country as well as on the customers and staff of the Commercial Bank of Ceylon and their families as part of the Bank’s celebration of its 100th anniversary.
Land has been a commodity that has been looked upon as an investment for generations. The general understanding is to obtain land for housing or commercial purposes. However, land purely as a tool of investment has increasingly become an area of interest.
MillenniumIT ESP – one of Sri Lanka’s leading Systems Integrator and Information Systems Provider – recently announced that it has successfully implemented the Oracle ERP Cloud platform for HNB Assurance (HNBA), a leading insurance service provider in Sri Lanka.
What’s Shaping the Outlook for 2020? The Ceylon Chamber’s Outlook 2020 Report Explores the Year Ahead
The Ceylon Chamber of Commerce launched its annual Outlook Report for 2020, at the Economy + Sector Review and Outlook 2020 event on Monday (10th).
BMICH – Sri Lanka’s iconic landmark and South Asia’s Leading Convention & Exhibition Centre has been selected to be conferred with the title of a “Global Best Employer Brand” award in the MICE (Meetings, Incentives, Conferences & Exhibitions) category in the Asian Sector.
AIA Sri Lanka recently wrapped up the AIA Healthy Cook-Off for employees, a first of its kind at AIA Sri Lanka. This was a ‘healthy cooking competition’ that was part of the larger ‘Little Changes Challenge’ (LCC) launched by AIA to encourage people to make little changes that can make a big difference.
Fitch Ratings has revised the Outlook on Sri Lanka-based footwear and tyre manufacturer and retailer DSI Samson Group (Private) Limited (DSG) to Positive from Stable and has simultaneously affirmed the National Long-Term Rating at 'BBB(lka)'.
Cargills Bank recently announced the launch of its newly crafted fixed-deposit scheme tailored towards minors, with an aim to encourage and inculcate the habit of long-term savings among children, as well as adults.
The University Grants Commission (USC) on Higher Education Technology and Innovation Minister Bandula Gunawardena has appointed a seven-member Inquiry Committee headed by a former Supreme Court Judge of Sri Lanka to suggest adequate relief to victims of ragging and to introduce appropriate measures to prevent ragging.
President Gotabaya Rajapaksa stressed yesterday the need to reform the country's education system in order to achieve rapid economic growth. The President spoke during a meeting yesterday at the President's Office with officials from the University Grants Commission of Sri Lanka (UGC) and University Vice Chancellors (VCs).
The Working Committee of the United National Party (UNP) had unanimously approved the selection of MP Ranjith Madduma Bandara as the general secretary of the new UNP-led alliance MP Sujeewa Senasinghe said a while ago.
Two more events of the Navy’s beach cleaning programme were conducted in the Northern and Southern Naval Commands on 05th and 07th February 2020.
Fitch Ratings has affirmed Continental Insurance Lanka Limited's (CILL) National Insurer Financial Strength (IFS) Rating at 'A(lka)'. The Outlook is Stable. The affirmation reflects CILL's moderate business profile, satisfactory financial performance and capital position, as well as its prudent investment mix.
Admiral Professor Jayanath Colombage has been appointed as the Director General of the Institute of National Security Studies of Sri Lanka. He received his letter of appointment from Defence Secretary Maj. Gen. (Retd) Kamal Gunaratne at the Ministry yesterday
An Observation Board for imported teledramas and films was appointed by Information and Communication Technology, Higher Education, Technology and Innovations Minister Bandula Gunawardane at a ceremony held at the Ministry recently.
Showery and windy condition is expected to enhance to some extent in next few days. Few showers will occur in the Eastern, Central and Uva provinces and in Hambanthota, Polonnaruwa and Mullaitivu districts.
SL has an important role to play in maintaining peace and stability in the region- Pakistani Air Force Chief
Pakistan Air Force Chief Air Marshal Mujahid Anwar Khan said Sri Lanka had an important role to play in maintaining peace and stability in the region and pledged to support strengthening intelligence sharing.
ESOFT Metro Campus, Sri Lanka’s largest private-sector higher education network with over 40 branches across the island creating opportunities for over 35,000 students annually, announced that it now offers complete three-year degree programmes through its partnership with the prestigious Kingston University London.
Apparel giant MAS Holdings cemented its decade-long partnership with Sri Lanka Cricket (SLC) with the empowerment of the national women’s cricket team ahead of the ICC Women’s T20 World Cup in Australia later this month.
Bangladesh wrote their name on the ICC U19 Cricket World Cup trophy after a rain-affected three-wicket win over previous holders India in Potchefstroom.
Daraz is the leading e-commerce platform in Sri Lanka. After successfully achieving their goals for 2019, the outlook for 2020 is even more encouraging. Celebrating their 3rd anniversary last year, the brand’s key campaign – November’s 11.11 Sale.sale broke records. The rest of the Daraz ecosystem complemented the 11.11 surge, with popular pushes like Avurudu Waasi, Mobile Week and the Grand Christmas Sale.
Wedding Show 2020, an exclusive exhibition aimed at helping couples craft their picture-perfect wedding, will take place on the 14th, 15th and 16th of February 2020 at the BMICH, coinciding with the month of love.
Kickstarting the year 2020 in a winning spirit, Sri Lanka’s fastest-growing life insurer Softlogic Life announced that 104 members of their sales team have been qualified for the MDRT (Million Dollar Round Table) membership, the premier most form of international recognition bestowed upon insurance advisors in the world. The milestone sets a new record for Softlogic Life’s dynamic sales team as it leads the industry with the highest number of MDRT qualifiers in 2019. It is also the highest number of MDRT qualifiers produced by Softlogic Life in a single year.
The Central Environment Authority (CEA) recently awarded ODEL PLC Sri Lanka the ‘Melting Point Certification’ as a certified partner of its aluminum upcycling project. The latest project aims to increase awareness about environmental pollution and the importance of recycling through the production of handmade upcycled aluminum products available for sale at all ODEL outlets.
EFL 3PL expands logistics footprint with new state-of-the-art Fulfillment Center and Warehousing Complex in Kandana
EFL 3PL, a member of the leading conglomerate Expolanka PLC, recently established a new, state-of-the-art Fulfillment Center in Kandana located at 370A, Nugape Junction, Uswetakeiyawa, Kandana, to complement its award-winning third-party logistics and digital supply chain management solutions.
Leading infrastructure developer, Iconic Developments marked the completion of the 21st floor of its latest high-end modern self-contained luxury living space, the Iconic Galaxy situated in Rajagiriya’s upscale locality.
Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, held the programme segment of Dialog Prashansa – Future Connect Forum, the first initiative of its kind in Sri Lanka, in an attempt to educate and empower senior citizens on digital technology and build confidence and competence among the community.
The Ceylon Dollar Bond Fund that invests exclusively in Sri Lankan government issued International Sovereign Bonds (ISB), and SLDBs reported a strong US$ performance of 10.3% in 2019 to investors, while the fund size reached US$ 23 million as at December 31, 2019, according to Ceylon Asset Management Managing Director, Dulindra Fernando. The January 2020 performance was 1.03% (annualised 12.18%).
Karu Jayasuriya says he is ready to say goodbye to the Speaker's post and urged the people to nominate people for the next five years to be elected Honorable Members of Parliament. Speaker Karu Jayasuriya has visited the Malwatte and Asgiriya chief prelates this morning to present to the Mahanayakes the original of his biography.
The newly constructed seven-storey building at Ananda College, Colombo was vested with the students by President Gotabaya Rajapaksa, today (07). It is a historic occasion that the first and only Executive President produced by Ananda College declared open this new building.
The programme to employ unemployed undergraduates will accept application forms until 20th of February.
Afghan Minister of Finance Mohammed Humayon Qayoumi called on President Gotabaya Rajapaksa at the President’s residence yesterday
The visiting Sri Lankan delegation, Major General (Retd) Kamal Gunaratne, Secretary Defence and Lieutenant General Shavendra Silva, acting Chief of Defence Staff and Commander of the Army soon after the inaugural sessions of the ‘DEFEXPO-2020’ in Lucknow, took a keen interest in watching a large segment of exhibits on show in the ‘Defence Research and Development Organization’ section in the Exhibition, a wing quite identical to Sri Lanka’s Branch operating in the Ministry of Defence and the Army and several other exhibition sites.
The age limit for applying under the Government’s programme to employ unemployed graduates has now been increased to 45 years. Previously, the age limit was set at 35 years.
Bank of Ceylon stretches 24 Hour Banking to Kalutara Police Training School and to Open University of Sri Lanka, Nawala
Bank of Ceylon expanded its 24 hour banking services to Kalutara Police Training School and Open University of Sri Lanka- Nawala, recently. These strategic expansions took place with the aim of providing added convenience of banking to trainees/ students, staff members and to the general public in those areas.
Already earmarked the long weekends for 2020 and planning your getaways for the rest of the year? Are you looking to head to the hills for cooler climates? Perhaps a family reunion by a lagoon or a long overdue visit to Sigiriya? Or would you like to island hop amidst turquoise seas in the Maldives in April or indulge in a street food feast in Thailand in May?
Pan Asia Bank’s Rising Fixed Deposit – the unique two year FD allows depositor to benefit from market interest rate increases even during the tenure of the deposit while safeguarding him/her from any downward trends in market interest rates.
Success of Union Bank. We will celebrate our transformational journey of growth with a series of events throughout the year, which was inaugurated with the religious ceremonies held recently. The future of Union Bank is exciting and we invite our stakeholders to benefit from the multi-dimensional growth of the Bank in the coming years.”
With a view to accelerating economic growth in the country and based on discussions held with the Hon. Prime Minister and the Minister of Finance, officials of the Office of the President, Office of the Prime Minister and Ministry of Finance,
A staff team from the International Monetary Fund (IMF) led by Manuela Goretti visited Colombo during January 29 – February 7, 2020 to meet with the new administration and discuss its policy agenda. At the conclusion of the staff visit, Ms. Goretti issued the following statement0
On the occasion of the 72nd anniversary of independence of Sri Lanka, Minister of Foreign Relations, Dinesh Gunawardena hosted a High Tea for resident and non-resident envoys accredited to Sri Lanka on 04 February 2020 at the Ministry of Foreign Relations.
SriLankan Airlines is strengthening its presence in the U.S. and European markets through the expansion of its existing codeshare agreement with Qatar Airways, with additional connections to serve various cities in these regions.