Category: General Services
CA Sri Lanka Members Chandrika Muhandiramge and Ranjani Joseph clinch top regional awards
Two female fellow members of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) brought honour to the nation and the local accounting fraternity earlier this month when they clinched top regional awards, outshining many other female accountants from South Asia. Chartered Accountant Ms. Chandrika Muhandiramge was bestowed with the prestigious “Lifetime Woman […]
Top Universities to Compete in the CFA Institute Research Challenge Sri Lanka 2023/24
CFA Society Sri Lanka is pleased to announce that teams from the University of Colombo, the University of Sri Jayawardenepura, and two teams from the University of Kelaniya have qualified for the local finals, following an extensive grading process. The finals are scheduled for 27th February 2024 at the Colombo Stock Exchange Each university team […]
‘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 […]
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 […]
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 […]
Sri Lanka Telecom on the Verge of Ownership Change: Only Jio and Gortune in the Running Now
The Government of Sri Lanka, through its Ministry of Finance, Economic Stabilization, and National Policies, has closed the first stage of its plan to divest shares in Sri Lanka Telecom PLC. After an evaluation process based on the Special Guidelines on Divestiture of State-Owned Enterprises, two investors have emerged as front-runners out of the three […]
PRCA APAC reveals findings on Sri Lanka’s PR industry for 2024 and years to come
The APAC chapter of the Public Relations and Communications Association (PRCA), the world’s largest and influential PR body, together with its board member and communications expert Thanzyl Thajudeen carried out a survey among 31 agency leaders and executives to explore the current and future context of Sri Lanka’s PR industry. This comes as the second […]
Neighbouring Countries Economic Development Cooperation Agency of Thailand extends support to SLanka
The Neighbouring Countries Economic Development Cooperation Agency (NEDA) of Thailand agreed to enhance and expand its cooperation with Sri Lanka during a discussion held between Ambassador of Sri Lanka and Permanent Representative to the UNESCAP, C. A. Chaminda I. Colonne and the Vice President of NEDA, Senior Col. Saranyu Viriyavejakul on 15 January 2024 in […]
CEAT helps keep Suwa Seriya ambulances on the road
The 322-strong fleet of ambulances operated by the Suwa Seriya Foundation will continue to fulfil its humanitarian mission in Sri Lanka with tyres supplied by CEAT Kelani Holdings as the preferred tyre supplier. CEAT Kelani recently renewed its commitment to Suwa Seriya, undertaking to provide tyres for five ambulances free of charge and to provide […]
Sri Lankan SMEs Get Export Boost from EDB Coaching Programme
Recognizing the importance of small and medium-sized enterprises (SMEs) to Sri Lanka’s export potential, the Export Development Board (EDB) recently concluded a six-week coaching programme designed to equip them with the tools and strategies to enter international markets. The “Innovative Export Marketing Planning and Market Pitching Programme” saw 25 promising SMEs participate in workshops, individual […]
Asia-Pacific Human Development Report calls for new directions to address rising inequality, climate change, and economic headwinds
The narrative of human development in Asia and the Pacific has been one marked by advancement, inequality, and unforeseen challenges. Against this backdrop, the launch of the United Nations Development Programme (UNDP)’s 2024 Asia-Pacific Human Development Report in November, represents a crucial step in revitalizing human development amidst a complex landscape of growth. Nationally, the […]
Distilleries’ Acquisition of Heineken Lanka May Challenge Lion Brewery Share: Fitch Ratings
Lion Brewery (Ceylon) PLC (AAA(lka)/Stable), the leader in Sri Lanka’s beer market, could face more competition in the medium term following Distilleries Company of Sri Lanka PLC’s (DIST; AAA(lka)/Stable) decision to acquire beer producer Heineken Lanka Limited, Fitch Ratings says. The full statement is reproduced below. Heineken is a distant second in Sri Lanka’s beer […]