Category: Featured
COVID vaccination can prevent death and reduce severe disease: Prof. Asita de Silva
The Ceylon Chamber of Commerce had the privilege of having Professor Asita de Silva, Chairman of the National Medicines Regulatory Authority as the guest speaker at its monthly Committee Meeting recently. According to Professor de Silva, the primary objective of vaccination is to prevent death and to reduce severe disease. Healthcare workers, elderly and those with other […]
PAYable surpasses Rs.15Bn in transactions on platform
PAYable (Pvt) Ltd., Sri Lanka’s cashless payment solution provider, announced that it has processed 15 billion rupees in transactions on its platform to date. Commenting on the milestone, Yohan Wijesiriwardane, CEO and Co-founder of PAYable Sri Lanka said, “PAYable entering the cashless ecosystem in 2016 was a gamechanger; we disrupted the existing status, empowering MSME […]
SUPERBOX.lk: Sri Lanka’s first end-to-end fully-integrated online supermarket
The country’s first ever end-to-end fully-integrated online supermarket specializing in grocery was recently launched to cater to households all over Sri Lanka. The service intends to deliver groceries & other items swiftly, conveniently& safely to the doorstep. SUPERBOX is geared to offer a wide range of products to customers across categories of fresh, chilled, frozen […]
Media Gender Charter for Sri Lanka launched
The Media Gender Charter (MGC) is a local initiative to guide media institutions in the need for a fair and equal gender portrayal within the media, inclusivity of gender issues in media content, and conducive working environments within media outlets. The document has been produced as a result of consultations with more than 200 journalists, […]
Twin awards for SriLankan Airlines in Singapore
The Changi Airport Group in Singapore recognised SriLankan Cargo with a “Cargo Service Excellence Award” at a ceremony during the ‘Let’s Talk Cargo 2021’ conference held recently in Singapore. SriLankan Airlines has been nominated by the Cargo industry partners in Singapore and shortlisted by a panel of judges as one of the three recipients of […]
WindForce announces LKR 3.2bn IPO to boost renewable energy in Sri Lanka & abroad
WindForce Limited, the pioneers in the growth and supply of renewable energy in Sri Lanka, has announced an Initial Public Offering (lPO) that aims to raise Rs.3.24 billion to fund its strategic expansion and growth in the renewable energy sector. The IPO offers 202,615,341 ordinary voting shares at Rs.16 per share and aims to raise […]
Transformation of distribution model: How insurance industry needs to prepare for ‘Next Normal’
By Chula Hettiarachchi Across different industries and geographies, COVID-19 has changed the ways people engage with one another. Numerous health regulations—from social distancing to self-quarantine—have been conscientiously imposed by authorities across nations to overcome numerous pandemic-related challenges, even to the extent of shifting a large proportion of physical transactions to digital and remote platforms. This […]
Capitol TwinPeaks forges ahead, amidst industry challenges
Capitol TwinPeaks, the 50-storey twin-tower mixed residential development under the Sanken Group, continues construction for delivery in 2021, amidst several hardships faced by Sri Lanka’s real estate and property industry. With the announcement by Ceylon Chamber of Commerce (CCC) – Import Section, Chairman, Delano Dias that the import restrictions on nonessential items that were expected […]
PCoI report on Easter attacks handed over to Mahanayakas and Cardinal
A copy of the final report of the Presidential Commission of Inquiry (PCoI) to investigate and inquire into the Easter Sunday attacks has been handed over to Most Venerable Thibbatuwawe Sri Sumangala Thero, Mahanayaka of the Malwatta Chapter and Most Venerable Warakagoda Sri Gnanarathana Thero, Mahanayaka of the Asgiriya Chapter. The report was handed over […]
Sri Lanka vehicle registration down in Jan 2021
Total vehicle registrations recorded 3,256 units in January, down from 4,478 units the previous month and 34,475 units 12 months ago, a new report shows. JB Securities equities research said their database had to be updated for a category called Locally assembled vehicles that were previously NOT in the RMV data feed. In the brand-new […]
Comm Bank Group’s operating income up 13.3-pct: Total assets grow 25-pct
Strong asset and other income growth combined with an emphasis on prudent provisioning in one of the most challenging years on record, have enabled the Commercial Bank of Ceylon Group (ComBank) to end 2020 on a stable platform for growth, with better liquidity than most peers and adequate provision cover. The Group, comprising of Sri […]
PCoI appointed to ensure transparency in SL Customs
President Gotabaya Rajapaksa has appointed a Presidential Commission of Inquiry(PCoI) to evaluate the state of current affairs of the Sri Lanka Customs Department and make recommendations to enhance its effectiveness. The Commission is assigned to simultaneously come up with recommendations to make services by SL Customs more efficient and effective while dealing with various allegations […]