Category: In Pictures
New UNDP Resident Representative takes office
Robert Juhkam presented his credentials on 15 August 2019 to Tilak Marapana, Minister of Foreign Affairs, officially taking office as the new Resident Representative for UNDP in Sri Lanka. Prior to his appointment in Sri Lanka, Juhkam served as the Strategic Planning Advisor at the UNDP Bureau of External Relations and Advocacy in New York, […]
Arpico Finance partners with mCash to offer digitalized payments
The revolutionary mobile money platform, mCash, which is transforming the country’s electronic payments landscape, has partnered with Arpico Finance PLC to offer customers the facility to make payments via mCash. As a result of this partnership, Arpico Finance Company PLC customers can make their finance and leasing payments via mCash with much more convenience. Customers […]
Hayleys PLC records Rs. 52.6 bn turnover in a challenging first quarter of 2019/20
Hayleys PLC, Sri Lanka’s most diversified conglomerate, demonstrated resilience in challenging conditions to record an improvement in turnover and operating performance during the first quarter of the 2019/20 financial year. The Group’s turnover grew by 4% to Rs.52.6 bn during the period, upheld mainly by the top line growth in Hand Protection (+10%), Purification (+24%) […]
Sri Lanka Telecom & Mobitel unveil Digital Roadmap for Northern Province
Sri Lanka Telecom (SLT) and Mobitel, together with the Ministry of Telecommunication and Digital Infrastructure, launched the Digital Roadmap for the Northern Province in the presence of officials and the national media at the Auditorium of the Jaffna District Secretariat in Jaffna. The Roadmap unveiled SLT Group’s progress towards achieving the national goal of transforming […]
John Keells renews commitment to maintain Slave Island Railway Station
John Keells Holdings PLC (JKH) renewed its 16-year public private partnership with Sri Lanka Railways for the refurbishment and maintenance of the Slave Island Railway Station. A renewal Agreement in this regard was signed on 29th July 2019 between General Manager, Sri Lanka Railways, Mr. M.J. D. Fernando, and JKH represented by Mr. Gihan Cooray, […]
”; outlook stable
Fitch Ratings Lanka has affirmed Sri Lanka-based National Insurance Trust Fund Board’s (NITF) National Insurer Financial Strength (IFS) Rating at ‘AA-(lka)’. The Outlook is Stable. The affirmation reflects NITF’s ‘Favourable’ business profile, meaningful recovery in its financial performance, satisfactory regulatory capital position as well as its conservative investment mix. These positives are somewhat counterbalanced by […]
DIMO’s new identity and way forward
(Press Release) – Reposition DIMO inside-out, to grow competitively and profitably considering the challenges of the future. Brand DIMO crosses the big 80-year milestone this year. With every decade DIMO has improved lifestyles of Sri Lankans through multiple interactions. It is a fitting moment to reflect on our successes and strengths but also regroup, to […]
ComBank launches ‘Yasasa’ savings account exclusively for pensioners
The Commercial Bank of Ceylon has launched a savings account exclusively for government pensioners and their widows or widowers, to facilitate access to a host of special benefits the Bank provides to this segment. The ‘Yasasa Pensioners’ Savings Account’entitles pensioners below the age of 69 to apply for an advance of up to 75% on […]
Teejay makes strong start to 2019-20
Teejay Lanka PLC has made a strong start to 2019-20, reporting excellent top and bottom line growth at Group and Company level through efficient capacity utilisation, an improved product mix and effective curbing of non-strategic costs. Sri Lanka’s only multinational textile manufacturer reported Group net profit of Rs 453.7 million and net profit of Rs […]
Business mission from CCC visits New Delhi to forge new business links
With the initiative of the Sri Lanka High Commission, Ceylon Chamber of Commerce led a two day business promotion mission to New Delhi on 16th July 2019, to continue establishing business and trade links with industry leaders in the Northern States of India. The mission was also organized to promote the “Sri Lanka Investment and […]
Deputy Minister of Ports and Shipping re-assumes duties
Mohamed Abdullah Mohamed Maharoof re-assumed duties today (30.07.19) as the Deputy Minister of Ports and Shipping. The function took place at the Deputy Minister’s office of Ports and Shipping. Expressing views after re-assuming duties, Hon. Deputy Minister stated that he regretted the Easter Sunday attacks and accordingly all Muslim Ministers resigned from portfolios. “However, considering […]
Citra Social Innovation Lab training inspires Sri Lanka public sector officials
“After 16 years of experience in the public sector I was considering taking early retirement. But after going through this programme I feel like I now have the right tools to make the changes I’ve always wanted to make.” Sentiments shared by a participant from the Eastern Provincial Council. The ‘Foresight & Innovation for #NextGenGov […]