Pathway to membership of CA ANZ available for members of CA Sri Lanka

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the Chartered Accountants Australia & New Zealand (CA ANZ) signed a landmark agreement on Thursday, 08th November 2018 to strengthen the scope of CA Sri Lanka members. The agreement was signed by CA Sri Lanka President Mr. Jagath Perera and CA ANZ Chief […]

Anura Priyadharshana Yapa assumed duties as State Minister of Finance

Anura Priyadharshana Yapa assumed duties as the Minister of State for Finance at the finance ministry, Friday. Minister of Finance and Economic Affairs, Prime Minister Mahinda Rajapaksa,  Ministers Lakshman Yapa Abeywardene and Dunesh Gankanda and Ministry  Secretary S.R. Attygalle and other senior officials were present.

‘s Watawala Plantations records PAT of Rs.554Mn

Nov 09, 2018 (LBO) – Watawala Plantations PLC reported a profit after tax (PAT) of 554 million rupees for the six months ended 30 September 2018. The Company achieved a PAT of 358 million rupees in the second quarter (Q2) compared to the first quarter (Q1) PAT of 196 million rupees. The increase in the production […]

Sri Lanka tea prices mixed in Oct 2018

Nov 09, 2018 (LBO) – Sri Lanka’s low growns teas continued to meet with good demand, whilst high and mid grown small leaf teas continued to witness downward pressure in prices following the lower quality and the higher volumes on offer, a recent report said. “National average for the month of October 2018 totalled Rs.586.19 […]

US President Donald Trump sacks Attorney General

Nov 08, 2018 (LBO) – US President Donald Trump has sacked his Attorney General Jeff Sessions, a day after the Republicans lost control of the lower house of Congress in the 2018 midterm elections.The move came after the President repeatedly criticized his Attorney General for not taking a tougher approach to illegal immigrants, and accused […]

Nestlé opens third milk chilling centre in Mannar district

(PRESS RELEASE) – Continuing its strong dairy development drive in the country, Nestlé has opened its third milk chilling centre in the Mannar district, in the north-western town of Madhu. The chilled storage facilities are vital in a tropical climate, as it offers farmers a means to keep their milk fresh until it is transported to […]

CA Sri Lanka renews agreement with CPA Australia

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) renewed the Mutual Recognition Agreement (MRA) with CPA Australia recently, in an effort to enhance the standing of the members of both accounting bodies. The agreement was signed by CA Sri Lanka President Mr. Jagath Perera and CPA Australia President Mr. Peter Wilson in […]

CSE & GRI announce next round of workshops for listed companies

The Colombo Stock Exchange (CSE) announces the next round of workshops on corporate transparency and sustainability to be conducted in partnership with the Global Reporting Initiative (GRI). The workshops are set to be conducted on 04th and 05th December 2018 at the Ramada Colombo. These interactive workshops, which will be exclusive to representatives of companies […]

Democrats retake House, Republicans retain Senate in US midterm elections

Nov 07, 2018 (LBO) – Democrats will seize the control of the lower house of Congress in midterm elections while Trump’s Republicans will retain control of the Senate, projections of the leading television networks of the United States showed. Taking control of the lower chamber of Congress for the first time in eight years will […]

Allianz tops Dow Jones Sustainability Index 2018

Sector leader in prestigious sustainability rating with 85 out of 100 points, second time in a row Best in sector in climate strategy, human capital development, information security, tax strategy and financial inclusion Integration of the two-degree climate target in proprietary investments and business operations starting The Allianz Group has taken the leading position among […]

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