Category: In Pictures
Nelson Liu appointed Chairman of CICT, Ray Ren becomes CEO
The Board of Directors of Colombo International Container Terminals Ltd. (CICT) has announced that the company’s first Chief Executive Officer Mr Nelson Liu has been appointed Chairman effective 8th March 2016, and that the CEO position has been filled by Chief Operations Officer Mr Ray Ren. The announcement said CICT will be spearheaded by Mr […]
Sri Lanka commits strengthening relations with Korea for mutual benefit
Foreign Minister Mangala Samaraweera, on an official visit to the Republic of Korea, expressed Sri Lanka’s commitment to further strengthen bilateral relations for mutual benefit, on Friday 11 March in Seoul. Minister Samaraweera’s sentiments were reciprocated by Foreign Minister Yun Byung-se. The Sri Lankan Foreign Minister was accompanied on the visit by the Minister […]
CA Sri Lanka underscores greater women representation across all sectors
President of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) Mr. Lasantha Wickremasinghe emphasizedupon the importance for greater female representation across the country’s public and private sectors. Delivering a speech to mark the international women’s day at the institute which was held under the theme ‘pledge for parity – challenging conscious and […]
Thank You Sri Lanka, Tohoku Region is back now: Japanese Ambassador
(Message by H.E. Kenichi Suganuma, Ambassador Of Japan on the occasion of the 5th Anniversary of the Great East Japan Earthquake and Tsunami- 11th March 2016) It was exactly 5 years ago today that the Great East Japan Earthquake and Tsunami hit devastating many parts of Eastern Japan. The disaster claimed 15,000 lives of people and […]
Fitch rates Siyapatha Finance proposed debt A- (EXP)
Fitch Ratings has assigned Siyapatha Finance PLC’s (Siyapatha; A-(lka)/Stable) proposed senior unsecured redeemable debentures of up to LKR2.5bn a National Long-Term expected rating of ‘A-(lka)(EXP)’. A full list of existing ratings is at the end of this rating action commentary. The issue will have two tranches with bullet principal repayments in the third and fifth […]
US agency MCC to identify country’s constraints to economic growth
Representatives from the Millennium Challenge Corporation (MCC), an independent U.S. development agency, are visiting Sri Lanka this week to begin a partnership to overcome key challenges to economic growth and poverty reduction. The delegation met with President Maithripala Sirisena, Prime Minister Wickremesinghe, and other top cabinet ministers, along with a cross-section of industry, civil society, […]
LAUGFS bags Platinum at Vision annual report competition
LAUGFS Gas PLC emerged as a top winner again, having received the prestigious Platinum Award for the second consecutive year at the 2014/15 Vision Awards Annual Report Competition. This year, LAUGFS Gas PLC was bestowed with the Platinum Award for excellence within the industry on the development of the organization’s annual report, the Silver Award […]
Korea eyes investment opportunities in Sri Lanka
In an effort to boost investment and trade between Sri Lanka and the Republic of Korea, the Korea Trade-Investment Promotion Agency (KOTRA) and the Export-Import Bank of Korea (Korea Eximbank) are exploring the possibility of increasing Korean companies’ investing in Sri Lanka whose economy has recorded more than a 6% of GDP growth rate annually […]
‘s leading trade show
The Sri Lanka Pavilion was a big draw at the world’s largest travel and trade show, ITB which opened in Berlin yesterday (9). This year’s ITB is of special significance to Sri Lanka as it is the 50th consecutive year the country is participating at this show. Incidentally ITB and Sri Lanka Tourism are both […]
‘s Day Celebration in Bangalore
A group of Sri Lankan students living in Bangalore represented their country at the International Women’s Day Celebration organized by the Federation of Karnataka Chambers of Commerce & Industry held on 8th March 2016 at a gala event in Bangalore. “Bangalore had always been my second home and I always wanted to take part in […]