Author: lbostgadmin
Atlas empowers schoolchildren to conquer their dreams through joyful learning
Inspiring education for over 60 years, Atlas has been a cherished foundation in turning students’ dreams into vibrant realities by infusing joy into their learning experiences. Atlas has gone beyond its role as a leading stationery provider in Sri Lanka, offering a holistic learning experience to schoolchildren. Over the years, Atlas has tirelessly worked towards […]
Eran: Is Sri Lanka the only country where inflation decreases when commodity prices continue to increase?
Samagi Jana Balawega MP Eran Wickramaratne said that Government by appointing a committee to review the compliance of the MoUs signed with foreign countries proves the government and the administration has no experience international relations. The President within 18 months of his coming to power has visited 14 countries and has signed several Memorandum of […]
‘s new President Heshana Kuruppu unveils visionary roadmap for next two years
Heshana Kuruppu, the newly elected President of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), who recently assumed office as the 27th President of the National Body of Accountants, outlined a visionary roadmap for the next two years. Focused on the core values of Collaboration, Excellence, Nurturing, and Integrity, and under the […]
Japan commits to Promoting Economic Governance through Anti-corruption Policy Support in SL
MIZUKOSHI Hideaki, Ambassador of Japan to Sri Lanka and Ms. Azusa Kubota, Resident Representative, United Nations Development Programme (UNDP) Sri Lanka, marked the launch of the new project titled ‘The Project for Promoting Economic Governance through Anti-corruption Policy Support’ through an official signing that took place in Colombo today, with the participation of senior government officials. […]
”s art competition 2023
Siddhalepa, the esteemed Ayurvedic entity in the island, celebrated the resounding success of its ninth annual Kekulu Children’s Art Competition, culminating in a splendid award ceremony on January 21, 2024, at the J.R. Jayawardene Center. The event was graced by the distinguished presence of Chief Guest Mr. Douglas Alliston, Managing Director of Fragrance Oils, along […]
PetDoc wins gold and silver at NBQSA National ICT Awards
PetDoc, the trailblazer in pet health services in Sri Lanka, is thrilled to announce its recent achievements at the NBQSA National ICT Awards 2023. Recognizing PetDoc’s unwavering commitment to excellence, the prestigious Gold Award in the Health and Well-being category and the Silver Award in the Best Startup category have been bestowed upon the organization. […]
CCC Outlook 2024: Anticipated rebound depends crucially on effective debt restructuring
The 9th edition of the annual flagship Outlook Report for 2024 by The Ceylon Chamber of Commerce was recently launched at the Economic Outlook 2024 seminar. Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, delivered the keynote address at the launch event. Compiled by the Economic Intelligence Unit (EIU) of the Ceylon […]
All Island Dairy Association raises alarming concerns about detrimental impact of VAT
The All Island Dairy Association (AIDA) has voiced grave concerns regarding the Sri Lankan government’s proposed increase in the Value Added Tax (VAT) from 15% to 18%, set to take effect on January 1st, 2024. This move, intended to broaden the tax base, could have severe repercussions for the dairy sector, a vital contributor to […]
Sri Lanka Embraces Indian Tourists with Virtual Launch of UPI Transactions via LankaQR
In a ground-breaking move aimed at enhancing the convenience and security of digital payments for Indian tourists in Sri Lanka, a virtual launch event marked the introduction of Unified Payments Interface (UPI) transactions through LankaQR this afternoon (12). The initiative, spearheaded by a collaboration between NPCI International Payments Limited (NIPL) and LankaPay (Pvt) Ltd, promises […]
Hidden Fees in Electronic Card Payments: A Call for Action
Sumedha Amarasinghe, the Deputy Secretary of the Association of Leasing and Debt Instalment Payers, has highlighted a significant issue with electronic card payments in a recent media disclosure. Amarasinghe noted that some institutions deduct an additional 1% to 5% from customers when they pay with an electronic card. This practice is an issue, as customers […]
Police warn against improper leasing practices; court order mandated for repossession upon resistance
The Inspector General of Police (IGP) has issued a directive to all officers, highlighting concerns regarding the improper acquisition of vehicles and equipment through leasing companies and finance companies. The Finance Leasing Act, No. 56 of 2000 details specific steps for repossessing leased equipment, including notifying authorities and obtaining court orders when necessary. The IGP […]
Harsha de Silva Re-appointed as the Chair to the Committee on Public Finance
Member of Parliament Harsha de Silva has been re-appointed as the Chair to the Committee on Public Finance. The Committee of Selection had nominated Members of Parliament to serve in the Committee on Public Finance and Harsha de Silva has been Re-appointed as the Chair to the Committee. The Speaker of Parliament announce to the […]