Seylan Bank appoints Ramesh Jayasekara as Director/CEO

Seylan Bank has announced the appointment of Ramesh Jayasekara as its new Director/Chief Executive Officer, effective from 1 May 2023. Having joined Seylan Bank in 2011 as Chief Financial Officer, Ramesh was later appointed Chief Risk Officer in 2016 and assumed the role of Deputy General Manager – Corporate Banking from 2018 until 2019. He was […]

US blacklists Karannagoda for human rights violations; Sri Lanka regrets decision

The United States on Thursday banned former Sri Lankan Navy Commander and Governor of North Western Province Admiral of the Fleet Wasantha Karannagoda and his family from entering the country over gross violation of human rights. “The United States is designating Wasantha Karannagoda, Governor of North Western Province in Sri Lanka, pursuant to Section 7031(c) […]

‘s Innovations are Lagging Behind in Sri Lanka

By Dilani Hirimuthugodage “I do not intend to get a patent right for my invention as I do not want to disclose my research findings and methodologies to the public domain“, stated a female researcher who has discovered a solution for dengue fever.  Like her, many female innovators are unwilling to obtain Intellectual Property (IP) […]

CCC Chairman highlights education opportunities for Nigerian students in SL

Highlighting Sri Lanka’s strengths in fields of education such as IT, Accountancy, Engineering, Nursing and Caregiving, the Chairman of The Ceylon Chamber of Commerce Vish Govindasamy emphasized the opportunities Sri Lanka presents for Nigerian students who are keen to pursue foreign higher education. Govindasamy made these comments at a meeting with the High Commissioner of […]

Evacuation of Sri Lankans in Sudan

Ensuring the safety and security of Sri Lankans stranded in the Republic of the Sudan is the primary concern of the Government of Sri Lanka.  Sri Lanka continues to monitor the evolving security situation in the Sudan and is closely working with its international partners, including the Government of India and the Kingdom of Saudi […]

CSE enables issue of Green Bonds by Sri Lankan Companies

The Colombo Stock Exchange (CSE) is pleased to announce the introduction of listing and trading of Green Bonds for the first time in the Sri Lankan stock market, with effect from 25th April 2023.   Under the Green Bonds concept, proceeds are invested exclusively in green projects that generate climate or other environmental benefits, for […]

‘ “Cleaner Seabeds for Sri lanka” Expedition

Earlier this month, Plasticcycle, the social entrepreneurship project of the John Keells Group, entered into an agreement with The Pearl Protectors, a youth-led marine conservation organization that works to protect marine life and the ocean ecosystem in Sri Lanka, to partner on a project to remove underwater marine litter from sensitive marine ecosystems and reefs […]

Dipped Products launches new venture into high-tech sports gloves for EU & US

Producing specialised gloves for leading global brands across 10 sports  Eco-friendly facility fulfils requirements for platinum LEED certification  Up to 60% of raw materials sourced locally including recycled PET fabrics  Global pioneers in sustainable integrated glove manufacturing, Dipped Products PLC (DPL), a subsidiary of the Hayleys Group, commenced commercial operations at its state-of-the-art […]

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