Spectra Logistics (Pvt) Ltd, an end-to-end logistics solutions provider, has been recognised as one of Sri Lanka’s best workplaces for the first time by Great Place to Work® Sri Lanka, the authority on high trust, high performance and positive workplace culture based on independent survey. Commenting on this significant milestone,...
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Believes assurances received by China, India and Paris Club creditors are signs of attaining stability Commends progress made by Sri Lankan authorities in securing financing assurances The Joint Apparel Association Forum (JAAF) welcomes the progress made by the Sri Lankan authorities in securing financing assurances from China, India and the...
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Understanding the lack of vital business and technological education has been a key hurdle that rural Sri Lanka has faced in SME development, the SLASSCOM Women Technopreneurs Forum (W-Tech Forum) in collaboration with the Royal Norwegian Embassy rolled out a program focused on developing female entrepreneurs outside the Colombo district....
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The Sri Lanka Export Development Board (EDB) recently conducted an awareness seminar on “Facilitation of agricultural exporters under the Temporary Import for Export Processing (TIEP) Scheme”with the participation of 85 export companies from the agricultural sector. The main objective of conducting this awareness seminar by the EDB was to create...
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Accelerates its journey towards tackling plastic pollution and creating a circular economy Marking Global Recycling Day, Nestlé Lanka announced its collaboration with Chakra Suthra – a start-up focused on innovating solutions towards a zero-waste future. Accordingly, the ‘Good food, Good life’ company’s signature brand Nestlé Milo will be the exclusive...
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Premier hospitality chain, Aitken Spence Hotel Managements’ Heritance brand of properties has been endorsed for its sustainable tourism efforts by the prestigious international recognition - Travelife Gold. Heritance Kandalama, Heritance Ahungalla, Heritance Negombo, Heritance Tea Factory and Heritance Ayurveda have been recognized and certified for their continued efforts in enhancing...
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Sri Lanka will introduce new central bank legislation aimed at bolstering the bank's independence, accountability and also price stability in the country via a new inflation target, its governor Nandalal Weerasinghe said on Thursday. Sri Lanka is waiting for a $2.9 billion bailout programme from the International Monetary Fund (IMF)...
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First 100 customized e-cycles handed over to delivery partners Yet another Uber initiative to promote sustainability on its platform Customized, delivery-friendly e-cycles: Range of 100+ km and top speed of 30 km/hr Uber Eats, Sri Lanka’s most loved food and grocery delivery platform, today brought on board 100 electric cycles...
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Colombo Stock Exchange (CSE) once again extended the partnership agreement to CFA Society Sri Lanka as a Platinum Partner for the 7th consecutive year in a bid to broaden its collaborative and industrial reach. The sponsorship cheque was presented to Mr. Aruna Perera, CFA, President of CFA Society Sri Lanka,...
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With regard to the captioned matter, we would like to clarify that we have not received any direct or indirect requests or instructions from any state institution to close their accounts with us. We wish to strongly emphasize that People's Bank has always been a trusted partner for state organizations...
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Dialog Axiata PLC recently joined hands with the Sri Lanka Air Force and E-W Information Systems Ltd to re-furbish the computer laboratory of the Ravaneswaran Tamil School in Kanniya, Trincomalee and upgraded the facility with digital educational tools and equipment. This worthy cause was initiated and directed by the Commander...
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CBSL: Manufacturing PMI recorded an index value of 42.3 in February, indicating a continued setback in manufacturing activities on a month-on-month basis. This setback was driven by subdued performance observed in New Orders, Production, Employment and Stock of Purchases. The decline in New Orders and Production was mainly driven by...
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The Commercial Bank of Ceylon (ComBank) has stepped up to the crease to support Sri Lanka Cricket as the Official Inbound Sponsor for the ODI and T20 matches of Sri Lanka’s ongoing tour of New Zealand. “Cricket is the most followed sport in Sri Lanka and almost everyone in Sri...
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The Colombo Stock Exchange (CSE) Mobile App was adjudged as a winner, in the category of Business and Commerce, by the e-Swabhimani Grand Jury, at the e-Swabhimani Awards 2021 which was held recently. The e-Swabhimani is an initiative of the Information Communication Technology Agency (ICTA) of Sri Lanka, aimed at...
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President reveals plans to expand the distribution of fuel During a discussion with the representatives of the Sinopec Group held at the Presidential Secretariat on Monday (13th March 2023), President Ranil Wickremesinghe said that the government has taken a principled decision to expand the distribution of fuel which is expected...
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Amana Bank recently conducted its Governance Risk Compliance (GRC) Forum at Mandarina Hotel. The GRC Forum focused on the integrated collection of capabilities and global best practices that enables the Bank to reliably achieve its objectives while addressing uncertainty and ensure compliance through principled performance. Local and international subject experts...
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Backed by its resilient model which advocates prudent risk management and governance fundamentals, Amana Bank PLC continued to navigate through turbulent times, effectively, leading to its best ever performance. The Bank recorded a Profit Before Tax (PBT) of LKR 1.21 billion for the Financial Year ending 2022. In the backdrop...
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Building resilience and supporting economic revival by strengthening SMEs to face any unexpected eventuality, Sri Lanka’s leading private sector bank HNB PLC partnered with HNB Assurance to offer its SME customer portfolio with a key person insurance cover. The pioneering initiative was created to safeguard SMEs in its lending portfolio...
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The beautiful and luxurious ‘Princess Cruise’ has arrived at Colombo Port, with almost 2,000 tourists on board. This is a significant moment for Sri Lanka's tourism industry, as the country looks to attract more visitors in the coming months. The Arrival of ‘Princess Cruise’ On March 11th, the Ministry of...
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The Central Bank of Sri Lanka Bill was presented to the Parliament today (Mar. 07) by the Leader of the House and Minister, Hon. (Dr.) Susil Premajayantha for its first reading. This Bill was presented for ancillary matters including the establishment of the Central Bank of Sri Lanka in order...
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