Category: In Pictures
Sri Lanka elected to Budget Committee Chair of Permanent Court of Arbitration
Sri Lanka was unanimously elected as the Chair of the Budget Committee of the Permanent Court of Arbitration (PCA) at the 192nd Administrative Council Meeting held at the Peace Palace in the Hague yesterday, 1st December 2015. The Ambassador of Sri Lanka to the Netherlands, Adam M.J. Sadiq was proposed for this post by Dr. […]
Aitken Spence hosts WACO International Conference in Colombo
Aitken Spence Cargo hosted the 83rd General meeting of WACO, the world’s foremost independent global freight management & logistics network recently, for the first time in Sri Lanka. With 64 countries in attendance, the event gives the network global partners the opportunity to meet during the bilateral meetings and discuss future plans and strategies […]
China sponsors Sri Lanka’s cataract surgery campaign with Rs8mn
The gift of improved sight is to be bestowed on 150 Sri Lankans under a new community initiative announced in Colombo by the China Merchants Group (CMG), the major stakeholder in Colombo International Container Terminals (CICT) which manages Colombo’s third container terminal. A Memorandum of Understanding ratified by the China Merchant Charity Foundation, the Corporate […]
” rating to LB Finance; outlook stable
Fitch Ratings has assigned LB Finance PLC (LB) a National Long-Term Rating at ‘A-(lka)’ with a Stable Outlook.KEY RATING DRIVERS – NATIONAL RATINGS LB’s National Long-Term Rating reflects its established franchise among licensed finance companies (LFC), whose higher yielding exposures have supported sound profitability. The rating also captures its relatively higher risk appetite as indicated […]
‘s Anantara Peace Haven Tangalle Resort to Welcome its First Guests
Colombo, 1 December 2015: Hemas Holdings in partnership with Minor Hotel Group is proud to announce the opening of the first Anantara resort in Sri Lanka, Anantara Peace Haven Tangalle Resort. In a uniquely secluded beachfront location along Sri Lanka’s southern coast, Anantara Peace Haven Tangalle Resort is inviting its very first guests to experience […]
Embark’s new Christmas concept – product range a call to ‘Love the Fashion, Feel the Passion’
This season, Embark, the unique fashion label with a cause, has promised ‘a shopping experience from the heart’ with a refreshingly sincere Christmas campaign involving its people, and a product range that reflects the compassion and commitment that the programme is all about.Faces from Embark’s very own team, along with passionate individuals who are committed to make a […]
Oman Air celebrates six years of successful operations in Sri Lanka
The national airline of the Sultanate of Oman, Oman Air recently celebrated six years of successful operations in Sri Lanka. Over the years, Oman Air has experienced momentous growth in Sri Lanka and has gained a reputation for offering affordable flights, a luxurious travel experience and world-class standards of service. Commenting on the occasion, Gihan […]
Huawei G7 Plus debuts in Sri Lanka
Huawei, the fastest growing smartphone in Sri Lanka, unveiled the Huawei G7 Plus the latest 4G device which was globally launched in the beginning of November 2015. The launch ceremony was held at the Singer Lifestyle Exhibition at BMICH and was patronized by Shunli Wang – CEO Huawei Sri Lanka and Henry Liu – Country […]
Janashakthi Pioneers Unique Policy Tailored for People with HIV
In a breakthrough move in the life insurance sector, Janashakthi Insurance has extended life cover to those diagnosed with HIV.This is a unique new policy that will change the lives of many people and give them peace of mind. Over 3300 people were living with HIV by the end of 2014, according to estimated data […]
£6.6 mln, non-resident defence attaché to help Sri Lanka: David Cameron
The UK Prime Minister held bilateral talks with President Sirisena of Sri Lanka at the Commonwealth Summit in Malta Friday, and announced a significant increase in UK support for reconciliation and human rights, recognizing the considerable progress Sri Lanka has made since it hosted the last Commonwealth Meeting in 2013. The Government will provide £6.6 […]
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On 20 November, Sri Lanka Finance Minister Ravi Karunanayake proposed introducing limitations on pawning loans and consumer finance loans for the country’s commercial banks. The proposal is credit positive for Sri Lankan banks because it will limit their exposure to these higher-risk loans.Two of our rated entities, Bank of Ceylon (BOC, B2/B1 stable, b1) and Hatton National Bank […]
Commercial Bank hosts capacity building programme for Eastern dairy farmers
A capacity building programme conducted by the Commercial Bank of Ceylon recently for dairy farmers of the Kokkadicholai area in the Eastern Province benefitted 150 people involved in the industry. Jointly organised by the Bank’s Agriculture and Micro Finance Unit (AMFU) in Kattankudy, its Regional office – Eastern and the Kattankudy branch, the programme was conducted with […]