Members of Independent Audit Service Commission took oaths before Speaker

Members of Independent Audit Service Commission took oaths before the Speaker today afternoon. Auditor General Gamini Wijesinghe took oaths as the Chairman of the commission. The commission comprised of: Auditor General Gamini Wijesinghe, Former Appeal Court Judge Sunil Rajapaksa, Former Deputy Auditor-General W.Kandassamy and IG Gamini Abeyratne Former Secretary to the Ministry WAS Wimalasiri Perera

Sunshine Holdings PAT declined by 39-pct in 1Q with subdued Agri results

Diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) reported top line growth of 8.0% YoY to stand at Rs.5.6 billion during the first quarter of the current financial year (1QFY19). The top line increase was mainly by strong performances in consumer and healthcare sectors, and despite a slight degrowth within the agribusiness sector. Profit […]

Ceylon Tea showcased at Myung Won World Tea Expo 2018 in Seoul

The Sri Lanka Embassy in Seoul in partnership with the Myung Won Culture Institute facilitated the participation of the Director General of the Sri Lanka Tea Board Anura Siriwardhana as a special guest at the 2018 Myung Won World Tea Expo held from 02-05 August 2018 at the COEX in Seoul.Director General Siriwardhana made a […]

Resume Writing Tips: Is a photograph a must on the Resume?

By Chathurika Jayawardana, Founder, Career Kit – Professional Resumes Including a photo doesn’t necessarily increase the probability of being called for an interview. It’s best to include one, only if the job advert requests one. In Sri Lanka, companies promoting equal opportunities don’t expect one. Most companies in Australia, USA & UK do not request […]

Advantis Engineering partners ATAD Steel Structure Corporation to improve construction solutions in Sri Lanka

Advantis Engineering, a subsidiary of Hayleys Advantis Limited, recently entered into a Memorandum of Understanding (MOU) with global pre-engineered building giant ATAD Steel Structure Corporation. This latest partnership is in keeping with the company’s ongoing efforts to bring sustainable, cost effective and rapid construction solutions to Sri Lanka. Pre-engineered steel buildings are tailor-made solutions to […]

Reports about textile imports from North Korea are erroneous: Foreign Ministry

Aug 08, 2018 (LBO) – Sri Lanka’s Foreign Ministry on Wednesday said news reports regarding textile imports from the North Korea to Sri Lanka during the period October 2017 and March 2018 are erroneous.The ministry said in keeping with Sri Lanka’s international obligations as a member of the United Nations, the Government of Sri Lanka […]

CA Sri Lanka calls for applications for 54th Annual Report Awards Competition

In an effort to crown the best and most brilliant annual reports produced in the country, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has called for applicationsfor its 54th Annual Report Awards Competition. The competition will this year revolve around the theme ‘Epitome of Brilliance’ with the best annual reports scheduled […]

63 remarkable women from Sri Lanka & Maldives recognized at Career Awards

• ‘Top 50’ Professional and Career Women Awards 2018 take inspiring stories of Sri Lankan women to the world • 63 remarkable women from Sri Lanka and Maldives recognized with Gold and Silver awards The ‘Top 50’ Professional and Career Women Awards 2018 were celebrated recently, with remarkable women leaders from Sri Lanka recognized for […]

LSEG Technology voted Best Execution Management System Provider

• LSEG’s Millennium Exchange product recognised at 16thAnnual Waters Technology awards as Best Execution Management System • Voted for by readership of WatersTechnology across buy side, sell side, exchanges, trading houses, post-trade venues, inter-dealer market participants, technology vendors from around the world • LSEG Technology delivers critical infrastructure technology used by over 40 capital markets […]

” with stable outlook

Fitch Ratings has affirmed Sri Lanka-based retailer Abans PLC’s (Abans) National Long-Term Rating at ‘BBB+(lka)’ with a Stable Outlook. A full list of rating action is at the end of this commentary. The affirmation reflects Fitch’s view that Abans will continue to make meaningful progress towards improving its net leverage, defined as lease-adjusted debt net […]

Thurunu Diriya grants Rs21mn worth loans for 47 young entrepreneurs to date

“Thurunu diriya” loan scheme, implemented by the Bank of Ceylon (BOC) with the assistance of the Policy Development Office (PDO) of the Prime Minister’s Office, has granted loans worth around 21 million for 47 potential young entrepreneurs up to date. This was revealed by the progress report of this loan scheme issued by the Bank […]

Sampath Group pre-tax profit exceeds Rs10Bn for first half of 2018

(PRESS RELEASE) – Sampath Bank’s Group pretax profit for the first half of the year exceeded Rs 10.3 Bn (28.2% growth) while Sampath Bank recorded a pre-tax profit of Rs 9.9 Bn for the same period. This registered a YoY growth of 28.1% in comparison to the first half of 2017. Profit after tax of […]

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