Nations Trust Bank Unlisted Debenture Oversubscribed Upon Opening
Nations Trust Bank announced the successful oversubscription of its Unlisted Debenture prior to its opening, aggregating LKR 5 Bn in applications. Structured, …
Industry
HIPG Delegation visits SL Ambassador to China; discussions on joint investment promotion
As construction work begins in the industrial park at the Hambantota Port, efforts are being made to attract Sri Lankan and international investors. A …
Hayleys Fabric cuts carbon footprint by 15-pct with Sri Lanka’s largest solar roof
Leading textile manufacturer, Hayleys Fabric further reduced its carbon footprint by 15% with the installation of the largest private sector rooftop solar …
Sandra De Zoysa appointed Chairperson of SLASSCOM for 2021/2022
The Sri Lanka Association of Software and Services Companies (SLASSCOM) appointed Sandra De Zoysa as Chairperson for 2021/’22, at the 9th Annual General …
JAT Holdings IPO oversubscribed
The IPO of JAT Holdings was an oversubscription of 82,904,846 ordinary shares. Priced at a value of Rs. 27 per share, the IPO raised Rs.2.2 billion in funds …
Russell Juriansz elected as Chairman of Sri Lanka Shippers’ Council
Sri Lanka Shippers’ Council held its 51st Annual General Meeting on 14 July 2021. Considering the prevailing situation in the country, …
Personal Data Protection vs Right to Information – TISL’s recommendations on Data Protection Bill
By Transparency International Sri Lanka: Sri Lanka is on the verge of introducing a bill on Personal Data Protection which aims to regulate the processing of …
Sri Lanka receives multi-day fishing vessel monitoring system from Australia
Sri Lanka received a multi-day fishing vessel monitoring system that contributes to ensure maritime security, under a financial grant from Australia. …
Fitch affirms Sri Lanka’s People’s Bank at AA -(lka); Outlook Stable
Fitch Ratings has affirmed the National Long-Term Rating of People’s Bank (Sri Lanka) (PB) at ‘AA-(lka)’. The Outlook is Stable. KEY RATING …
Fitch Affirms Bank of Ceylon at CCC and AA (lka)/Stable
Fitch Ratings has affirmed Bank of Ceylon’s (BOC) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at ‘CCC’. The ratings do …
Sri Lanka now open to fully vaccinated travellers with quarantine-free entry
As Sri Lanka paves the way to restart tourism, fully vaccinated international travellers who have received the second dose of the vaccine 14 days prior to …
Greater synergy between India and SL pivotal for container volume growth in sub-Continent: SLPA Chairman
Capt. Nihal Keppetipola – Chairman of Sri Lanka Ports Authority (SLPA) paid a courtesy visit to the Indian High Commissioner to Sri Lanka His Excellency …
Teejay first Sri Lankan company to become US Cotton Trust Protocol Member
The U.S. Cotton Trust Protocol welcomes Sri Lankan textile manufacturer Teejay Lanka and its wholly-owned subsidiary Teejay India as new members. Teejay is the …
Opinion: Plastic waste, a goldmine when responsibly disposed and managed
By Mangala Bandara, director of ‘Go Recycling Hub.’ Most developing countries across the globe face the issue of proper waste management, and Sri Lanka is …
Event Management Ass. calls for enforcement of COVID-19 safety for functions
Following the easing of Covid-19 restrictions in Colombo, the Event Management Association (EMA) issued comprehensive guidelines for hosting COVID-safe events …
Cleanup operation of oil spill at Hambantota International Port completed
The minor oil spill that occurred during bunkering at the Hambantota International Port (HIP) has been cleaned up by the Emergency Response Unit of the port. …
ICEES partners Toyota Engineering Corporation to bring true Lean capability to Sri Lanka
Innovation Centre for Enterprise Excellence Solutions (ICEES Global) recently partnered with Toyota Engineering Corporation (TEC) in Japan to bring world …
CEAT inflates radial tyre production to 600,000 units a year
CEAT Kelani Holdings has announced a production increase of 84,000 radial tyres per year for passenger cars and vans, in its second expansion in this segment …
Oil spillage reported in Hambantota International Port
An oil spill has occurred at the Hambantota Port at approximately 6 pm on Sunday, 11 July 2021. The incident has occurred whilst a bunkering barge was …
ACL Cables completes fourth ‘ACL SAX’ conductor installation project
ACL Cables PLC, Sri Lanka’s No.1 cable manufacturer recently completed another significant milestone with the installation of its fourth ‘ACL SAX’ …