Category: In Pictures
Virtusa’s Smart ATM Recognized at The International Business Awards
(PRESS RELEASE) – Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for its clients, announced that it has been awarded a Bronze Stevie Award at The 2017 International Business Awards for Best New FinTech Product or Service of the Year for the company’s Smart ATM solution, a unique […]
Hayleys Energy Services completes oil rig offloading project in Trincomalee
Hayleys Energy Services, the pioneer in Oil and Gas support services in Sri Lanka, announced that it had successfully completed the offloading of the Semi-Submersible oil rig Olinda Star at the Trincomalee Port Anchorage recently.This deep-water rig is capable of drilling at water depths of up to 3,600 feet and has a drilling depth capacity […]
LVL Energy Fund rings opening bell at Colombo Stock Exchange
LVL Energy Fund Limited (LVEF) rang the opening bell to commence trading and celebrate the listing of its shares at the Colombo Stock Exchange (CSE) today. The listing follows a successful Initial Public Offering by the company, through which it raised Rs. 1.2 billion through a 120 million share issue. Director/CEO of LVL Energy Fund […]
SLAITO and THASL hail the upcoming promotion plan of Sri Lanka Tourism
(PRESS RELEASE) – In a joint communique, The Sri Lanka Association of Inbound Tour Operators (SLAITO) and The Hotel Association of Sri Lanka (THASL) appreciated the efforts by Sri Lanka Tourism Promotions Bureau (SLTPB) and Sri Lanka Tourism Development Authority (SLTDA) to expedite the Digital advertising campaign planned for early 2018 and the Global advertising […]
Yahapalanaya responsible for worst debt crisis in Sri Lanka: MR
Third anniversary of incompetent government responsible for the worst debt crisis in Sri Lankan history On 9 January 2018, the so-called yahapalana government completes three years in office. During this short period they have created numerous crises running through virtually every sector in Sri Lanka. The main subject of public discussion today is the bond scam […]
Capital Alliance launched Sri Lanka’s first online bond trading app
In an effort to take government securities trading to the future and make it more accessible to all, CAL (Capital Alliance) recently launched its latest innovation – CALiper, a state-of-the-art digital app that facilitates online bond trading with the click of a button. Delivering direct access to the closed bond market, the app offers an […]
2018 budget vs foreigners from buying property in Sri Lanka
The highly anticipated 2018 budget of the Sri Lankan Government concluded recently with a number of surprises that were not seen in budget proposals in the past few years. The targeted FDI inflows of 5 billion dollars into Sri Lanka was certainly one of them, while expecting to raise an impressive 110 billion rupees through […]
World Finance declares COMBANK best in Sri Lanka for Digital & Mobile Banking
(PRESS RELEASE) Presents awards for‘Best Digital Bank’ and ‘Best Mobile Banking Application’ in Sri Lanka in 2017 The Commercial Bank of Ceylon PLC has been recognised as the ‘Best Digital Bank’ in Sri Lankaand has been presented the award for the ‘Best Mobile Banking Application’by the prestigious London-based ‘World Finance’ magazine celebrating achievement, innovation and […]
Japanese Foreign Minister Kono to visit Sri Lanka today
Japanese Foreign Minister Taro Kono is scheduled to visit Sri Lanka from January 4th to 6th, 2018.This is the first time in fifteen years for a Japanese Foreign Minister to visit Sri Lanka. This visit is aimed at further consolidating the “Comprehensive Partnership” between Japan and Sri Lanka based on previous visits by Sri Lankan […]
Final report of PRECIFAC handed over to President
Jan 03, 2018 (LBO) – The final report compiled by the Presidential Commission of Inquiry to Investigate and Inquire into serious acts of fraud, corruption and abuse of power, state resources and privileges (PRECIFAC) was handed over to President Maithripala Sirisena at the Presidential Secretariat, Tuesday. The report consists of 1,135 pages and was handed […]
Critical EU GSP Plus listing opens for Lankan exporters
Sri Lanka’s first ever European Union mandated GSP exporter listing call went live on the web on 2 January. “I commend the Department of Commerce under our Ministry for setting up this system and operationalising exactly on the first working day of 2018. We thank the Information and Communication Technology Agency (ICTA) for their support […]
CA Sri Lanka accepting applications from corporates for 53rd Annual Report Awards competitions
(PRESS RELEASE) – The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is now accepting applications for the coveted 53rd Annual Report Awards Competition from companies producing annual reports. The competition will honour the most cohesive, clear and customized annual reports that better reflect an entity’s operations, whilst going beyond their statutory boundaries of […]