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BOI, CSE & CCC to organize first-ever virtual investor forum to attract foreign investment
The Board of Investment of Sri Lanka (BOI), Colombo Stock Exchange (CSE) and Ceylon Chamber of Commerce (CCC) are set to organize a first-of-its-kind virtual investment forum to collectively promote direct and equity investment opportunities in Sri Lanka on 6th 7th and 8th April 2021. The event is expected to attract investment interest from around […]
Eran says functions of Judiciary has been taken over by the Executive
The current problem of the country is nothing with the laws and Statutes but with the governance where the executive has taken over the functions of the judiciary said Eran Wicramaratna M.P of Samagi Jana Balavegaya. Addressing a press briefing at the Leader of the Oppositions office on Sunday, Wickramaratna said that the Presidential Commission […]
Union Assurance awarded for excellence in integrated reporting for 2020
Reaffirming its commitment to the value of transparency, accountability and integrity while maintaining an exceptional financial track record, Union Assurance PLC was awarded among the 10 Best Integrated Reports at the 2020 CMA Excellence in Integrated Reporting Awards, organized by the Institute of Certified Management Accountants of Sri Lanka. The Awards are based on a […]
Cinnamon Life secures Certificate of Conformity for project’s office and ‘The Suites’ residential towers
Cinnamon Life, Sri Lanka’s largest mixed development, announced another major milestone in its journey to completion with the securing of a Certificate of Conformity (COC) for the project’s office and ‘The Suites’ residential towers. Notably, the pace and the progress of the Cinnamon Life project continued to gain momentum, despite the challenges of the ongoing […]
Minister green lights productivity-linked wage proposal for RPCs: Unions are still to agree
Feb 01, 2021 (LBO) – On the request of Labour Minister, Nimal Siripala de Silva, Regional Plantation Companies (RPCs) submitted a revised wage proposal to remunerate workers up to 1108 repees a day. The revised proposal was a result of a settlement, negotiated with the assent of the Minister. However, trade unions are still to […]
Services of Sri Lanka Ports Authority gazetted as an essential public service
Secretary to the President P B Jayasundera, by order of the President, has issued an extraordinary gazette declaring the services done by or in connection with the Sri Lanka Ports Authority to be an essential public service. Accordingly, all services, work or labour of any description necessary or required to be done by or in […]
People’s Insurance signs deal with SL Tourism as sole insurance provider for inbound tourists
As Sri Lanka opens its doors to the world once more, Sri Lanka Tourism has implemented several measures to ensure that the island getaway is as safe as possible for international guests. A medical insurance scheme is a key element of the many safety nets put in place. In order to provide this service, People’s […]
Stax says Sri Lanka slow to accept remote-working, advocates wider adoption
Stax Inc., a leading global management consulting firm, observes that delaying digitization during this pandemic era would present substantial drawbacks for Sri Lankan companies as they would lack the capacity to compete globally. By adopting digitization, Stax Inc. articulates that businesses would soon learn that customers are no longer confined to the geography of Sri […]
Ceylon Chamber to host Outlook 2021 forum next week
The Ceylon Chamber’s annual discourse on the year’s Outlook will be held virtually on 3rd February 2021, organised by the Chamber Academy. The Outlook webinar will provide the private sector with key insights on global and local indicators as well as perspectives to navigate through the evolving economic and policy climate which would help companies […]
Female-heads of households see their struggles compounded by pandemic
Tharshani, now 45, had already been struggling to make ends meet since her husband died 15 years ago due to the conflict. But since the COVID-19 pandemic and lockdowns that started last year, her income from poultry farming has dropped, and her eldest daughter, who they relied on for household expenses, has found no daily-wage […]