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Melstacorp Chairman Harry Jayawardena visits Colombo Port City
Leading businessman Harry Jayawardena of Melstacorp PLC was recently hosted at the Port City Colombo project development site by Executive Project Management Director, Raja Edirisuriya. Jayawardena, who has held many prestigious titles in his years of service to the country, was able to view first-hand the progress and impact of Port City Colombo on Sri […]
Healthcare professional bodies make urgent recommendations to avoid COVID disaster
In a letter to the President, the Sri Lanka Medical Association (SLMA), the Government Medical Officers’ Association (GMOA), the Association of Medical Specialists (AMS), together with the SLMA Intercollegiate Committee (SMIC) has made several recommendations in a bid to minimize COVID infections and deaths in the near future. “We wish to emphasise that all healthcare […]
World Bank strengthens engagement in Sri Lanka
The World Bank today launched public consultations to update its Systematic Country Diagnostic (SCD) in Sri Lanka. This online platform will enable the Bank to engage with the Sri Lankan public and development partners and seek their views on the most pressing development opportunities and challenges for the country. The SCD is a country-specific report […]
Expedite import procedures,administering vaccines … – President instructs
President Gotabaya Rajapaksa has instructed the relevant officials to expedite both the import procedures and administering COVID-19 vaccines to the public. During a discussion held with the COVID-19 Committee today (07), which meets daily at the Presidential Secretariat, the President emphasized that the maximum number of COVID-19 shots should be given within a short period […]
Sri Lanka’s gross official reserves estimated at USD 4.5bn at end April 2021
Sri Lanka’s official reserves were 4.5 billion US dollars (USD 4,476.5mn) by the end of April, up from 4.1 billion US dollars in March, the latest Central Bank data showed. By the end of April, the foreign currency reserves were 4,022.9 million dollars while the reserve position in the IMF was 68.7 million dollars. Special […]
SLAITO welcomes temporary ban on Indian arrivals
Sri Lanka Association of Inbound Tour Operators (SLAITO) yesterday welcomed the move by Civil Aviation Authority to temporarily halt passengers from India. “India always remains our number one partner, but under the current heightened COVID pandemic situation we have to think about the safety of our nation first,” SLAITO said. “We hope and pray that […]
Dependents of war heroes to receive Cabinet approved benefits from April 27
Steps will be taken to provide Cabinet approved relief to the dependents of war heroes, who got killed or disabled due to terrorist activities with effect from April 2021. The war heroes sacrificed their lives or became disabled to safeguard the freedom and independence of the nation for all communities in the country. Therefore, it […]
UK and Sri Lanka lead on ‘Nitrogen for Climate and Green Recovery’
The British High Commission in Colombo and the Government of Democratic Socialist Republic of Sri Lanka this week held a virtual event “Nitrogen for Climate and Green Recovery”, held on 27 – 29 April 2021, in Colombo. The event launched the #Nitrogen4NetZero initiative, to widen engagement on sustainable nitrogen management in this crucial year for climate action. #Nitrogen4NetZero […]
Opinion:Today’s CFO is the protector of tomorrow’s business resilience
By Sherman Gunatillake With market uncertainty and disruptions across different business verticals christened as the ‘New Normal’, the chief financial officer (CFO) of the modern-day has many elements to balance across the business. In such a context, strengthening business resilience is a crucial responsibility that a CFO has on his agenda. But has a CFO’s […]
Rizing acquires attune Lanka from MAS Holdings
MAS Holdings announced today, that in line with its long-term strategic objectives, it has concluded the acquisition of its subsidiary attune Lanka (Private) Limited by Rizing. Rizing is a privately held, US-based boutique firm specializing in providing SAP solutions for Consumer Industries, Enterprise Asset Management and Human Capital Management worldwide. In 2018, MAS Holdings completed […]