CA Sri Lanka launches new Integrated Reporting Council

In a fresh initiative aimed at further enhancing the best practices of financial reporting amongst corporates in the country, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) launched the Integrated Reporting Council (IR Council), comprising of professionals from the accounting and non-accounting sectors, regulators and academics. The inaugural meeting of the IR […]

Lionel Messi Joins the Huawei Family of Global Brand Ambassadors

Huawei, global leading company in ICT and telecommunication solutions, today announces Lionel Messi’s appointment as the latest Global Brand Ambassador to the company. The partnership with Lionel Messi showcases the brand’s alignment with people and brands that demonstrate, and strive towards its shared value of connecting greatness. Challenges test our desire to achieve what we […]

CSE Wins Global HR Excellence Award

  The Colombo Stock Exchange (CSE) won the award for “The Most Innovative Use of Training and Development” at the recently concluded World HRD Congress in Mumbai, India. Attracting participation from organizations representing over 100 countries, the Global HR Excellence Awards recognize organizations and HR professionals for excellence in HR strategy and people management. Diverse training needs and unique operational […]

Fitch rates Singer Finance proposed senior debt BBB

Fitch Ratings has assigned Singer Finance (Lanka) PLC’s (SFL; BBB(lka)/Stable) proposed senior secured redeemable debentures of up to LKR1.5bn a final National Long-Term Rating of ‘BBB(lka)’. A full list of existing ratings is at the end of this rating action commentary. The assignment of the final rating follows the receipt of documents conforming to information already received, and […]

SriLankan Airlines sharpens skills of university students

SriLankan Airlines partnered with two of Sri Lanka’s most reputed institutes of higher learning – the University of Colombo and the University of Sri Jayawardenepura – to strengthen and sharpen the skills of its leaders of the future through programmes that were especially designed for the National Carrier. Pradeepa Kekulawala, Head of Human Resources at […]

LAUGFS Lubricants expands to serve the Northern Province

LAUGFS Lubricants (Pvt) Ltd, the first Sri Lankan company to enter the local lubricant industry back in 2008, has further expanded its product portfolio to the Northern Province. The appointment of distributorship for the Anuradhapura region took place recently with the presence of company senior officials. This is also expected to serve customers in the […]

Central Bank Governor on Bloomberg (VIDEO)

Our Policies Will Take Sri Lanka to Next Level: Mahendran Arjuna Mahendran, governor of the Central Bank of Sri Lanka, discusses Sri Lanka’s economy, their monetary policies and the outlook for the island nation. He speaks to Bloomberg’s Haslinda Amin on “First Up.” (Source: Bloomberg) VIDEO      

71 Commercial Bank branches to be kept open on Good Friday

For the second time this month, the Commercial Bank of Ceylonwill keep71 branches open for business on a Public and Bank holiday, this time on 25th March, which is Good Friday. The Bank has announced that its30 Supermarket Banking Centres and 25 ‘365-day’ branches will work their customary hours on that day, while another 16 […]

Carl Cruz assumes duties as Chairman of Unilever Sri Lanka

  With effect from March 1, 2016, Carl Cruz assumed duties as Chairman of Unilever Sri Lanka, taking the helm from his predecessor, Shazia Syed who has returned to Pakistan to assume her duties as the Chief Executive Officer of Unilever Pakistan. Carl arrived in Sri Lanka from the Philippines, where he last served as […]

SINGER – BEKO bring fun for young baking enthusiasts

The SINGER – Beko Fun Baking Event was held recently amidst a successful turnout at Beko Concept Store in Horton Place, Colombo. The event, attracted over fifty kids with their parents who got the opportunity to learn the best ways of baking in the new age with an unraveling novel experience in baking. The programme […]

Tokyo Cement recommences importing clinker from Japan

Tokyo Cement Group, the leader in the construction industry, trusted for decades as a supplier of high quality cement announces the recommencement of importing Clinker from Japan. The raw material in cement manufacturing will be for the exclusive use in ‘NIPPON-PRO’, a high-performance cement specially formulated for high risers and super structures. Mr. Dashantha Udawatte, […]

Bahrain ready to engage with Sri Lanka: Shaikh Salman Bin Khalifa

Bahrain says it is ready to engage with Sri Lanka’s economic growth, as they are very confident of the commercial potential Sri Lanka has. This was said by the Principal Advisor to the Prime Minister of Bahrain, Shaikh Salman Bin Khalifa Al Khalifa, when visited the Ceylon Chamber of Commerce during the last week. He […]

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