Category: In Pictures
Sri Lanka’s BOI and EDB explores areas for co-operation
A meeting was held recently between the Board of Investment of Sri Lanka and the Export Development Board, to explore areas of co-operation between the two key economic agencies and work closer towards achieving the nation’s economic goals. Both institutions now come under the Ministry of Development strategies and International Trade headed by Minister Hon. […]
‘s counterpart tomorrow
Chinese Foreign Minister Wang Yi is scheduled to meet Sri Lanka’s counterpart Foreign Minister Mangala Samaraweera tomorrow at the Foreign Ministry.
CIO Forum Explores the Future with Robotic Process Automation
The recently concluded CIO Forum held at the Kingsbury saw the country’s top chief innovation officers gather to learn the latest advancements in the field of Robotic Process Automation (RPA) and its applications. As discussed and debated at the forum, these new paradigm shifts in IT automation have widespread disruptive implications for the local market […]
LBO LBR Brand Summit 2016 adds LSEG as partner
The LBO LBR Brand Summit 2016, to be held on July 12, has signed London Stock Exchange Group (LSEG) Business Services Limited Sri Lanka as a partner for this potentially life-changing event that offers both the speakers and content to enable the evolution of the field of marketing locally. With this year’s theme of “Building […]
LAUGFS Car Care launches new hybrid centre in Battaramulla
LAUGFS Car Care, a sub-division of LAUGFS Lubricants, recently announced the launch of a state-of-the-art Hybrid Center at Koswatta, Battaramulla, to cater to the diverse vehicle needs of Hybrid and Electric motor vehicles. “We are extremely pleased to announce the opening of our new Hybrid Center, the latest addition to our network of service centres, […]
DIMO to expand Agriculture-related businesses under “DIMO Agri” brand
Diesel and Motor Engineering (DIMO) PLC, one of the leading automobile companies in Sri Lanka, is aiming to expand its presence in the agriculture sector, while creating a new identity as “DIMO Agri” in the industry. DIMO Agri Machinery Division brings world’s best engineered agri-based brands such as Mahindra Tractors, CLAAS Harvesters and has supported […]
CA Sri Lanka unveils innovative executive & postgraduate diploma for executives
In remaining relevant amidst increasing challenges in the corporate world, the Business School of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) unveiled it’s newly revamped Executive Diploma in Accounting, Business & Strategy, and the Postgraduate Diploma in Business Finance & Strategy. The two programmes which takes on a progressive learning methodology, […]
Unit Trust Association of Sri Lanka elects new office bearers
Ruwan Perera, Chief Operating Officer of NDB Wealth Management Limited was unanimously elected as the new President of Unit Trust Association of Sri Lanka (UTASL) at its 14th Annual General Meeting recently held in Colombo. Prior to being appointed as President of UTASL, he served as the Secretary of the Association. Ruwan Perera is an […]
The all new Volvo XC90model secures over 120 awards globally
Volvo cars, the world renowned Scandinavian car brand announced that it had won more than 130 international awards during the year 2015 and 2016 for the sophisticated new look of the Volvo range, its world-leading innovation and engineering excellence. The all new Volvo XC90 in particular proved to be a strong competitor in the […]
Japan pledges Rs305mn grant aid for Sri Lanka’s HRD scholarships in 2016
The Government of Japan has selected the 3rd batch of 15 prospective scholars under its Second Phase of Japanese Grant Aid for Human Resources Development Scholarship (JDS) Program – 2016 which commenced in September 2014, based on the official agreement with the Government of Sri Lanka. This year the Government of Japan pledges a grant […]
Dr Indrajit Coomaraswamy assumes office as Central Bank Governor
Dr Indrajit Coomaraswamy was appointed as the Governor of the Central Bank of Sri Lanka by the President of the Democratic Socialist Republic of Sri Lanka Maithripala Sirisena, according to the provisions of the Monetary Law Act No.58 of 1949. Accordingly, Dr. Coomaraswamy will function as the Chairman of the Monetary Board of the Central […]
” to Sierra Cables PLC Fitch Ratings
Fitch Ratings has assigned Sri Lanka based cable manufacturer Sierra Cables PLC (Sierra) a National LongTerm Rating of ‘BB+(lka)’. The Outlook is Stable. Sierra’s rating reflects its established core business, which has an extensive product portfolio, modest but expanding market share and stable EBITDA margins. This is counterbalanced by exposure to cyclical endmarkets, risks associated […]