‘s farewell speech

July 6, 2018 (LBO) – Secretary to the President and lifelong public servant Austin Fernando’s farewell speech reproduced in full from the Colombo Telegraph: Born on 12th June 1942, having had my primary education at Hikkaduwa Sinhala School, post-primary education at Richmond College, Galle, I was admitted to University of Ceylon, Peradeniya in July 1960. […]

Janashakthi and ayubo.life partner to spread the benefits of wellness

Revolutionizing Insurance consumption, Janashakthi Life is partnering with ayubo.life to provide their corporate policyholders with the renowned benefits of wellness. Understanding that preventative measures yield better healthcare results over the long term, Janashakthi Insurance has made this revolutionary service available to their corporate policyholders, ensuring that companies are able to remain competitive in the modern […]

CA Sri Lanka, CMA & AAT unveils ‘Creating a Profession Par Excellence’

Global accounting body president in high praise of Sri Lankan accounting bodies President of the International Federation of Accountants (IFAC), Ms. Rachel Grimes praised the country’s top three local accounting bodies; CA Sri Lanka, CMA Sri Lanka and AAT Sri Lanka for coming together to strengthen the profession by launching the ‘Creating a profession Par […]

Sri Lanka retains Tier 2 ranking in US Trafficking in Persons Report

July 05, 2018 (LBO) – Sri Lanka retained its Tier 2 ranking in the US State Department Trafficking in Persons (TIP) Report for the second consecutive year, according to the 2018 report released recently. The TIP report 2018 states that the Government of Sri Lanka demonstrated increasing efforts compared to the previous reporting period and […]

Sri Lanka to obtain 100bn yen from MUFG Bank for Central Expressway phase 3

July 04, 2018 (LBO) – Cabinet has approved a proposal presented by Prime Minister to enter into an agreement with MUFG Bank in Japan to obtain 100 billion Japanese Yen for the Central Expressway Phase 3. The Government has planned to construct 32.5 km distance of the Central Expressway (Phase 3) from Potuhera to Galagedara […]

Lanka Sathosa e-commerce website to start direct online sales in six months

Despite an FMCG market decline for two quarters in a row across the country, Sri Lanka’s largest state-owned retail chain has successfully boosted its own turnover with stronger numbers to Rs 31 Bn-highest so far. “I am pleased to say that Lanka Sathosa achieved Rs 31 Bn turnover last year, the highest so far in […]

Ruwan Ferdinands appointed senior adviser on media to Minister Mangala

Minister of Finance and Media Mangala Samaraweera has appointed the following personnel to the Minister’s staff at the Media Ministry.  Ruwan Ferdinands – Head of Media Operations and Senior Adviser on Media to the Minister  Ishini Wickremesinghe – Private Secretary and Media Relations Officer to the Minister  Samantha Perera – Coordinating Secretary […]

Ceylinco Insurance opens trading at CSE to mark S&P SL 20 inclusion

Ceylinco Insurance PLC (Ceylinco) rang the opening bell to commence trading at the Colombo Stock Exchange (CSE), as part of a ceremony organized to mark the company’s inclusion in the S&P SL 20 Index. The S&P SL 20 Index includes the 20 largest companies, by total market capitalization, listed on the CSE that meet minimum […]

FIU signs MOU with SEC to prevent money laundering, terrorism financing

Financial Intelligence Unit of Sri Lanka Entered into a Memorandum of Understanding with Securities and Exchange Commission of Sri Lanka In terms of the provisions of the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA), the Financial Intelligence Unit (FIU) of Sri Lanka entered into a Memorandum of Understanding (MOU) with the Securities and […]

Global Accounting President’s visit hosted by CA Sri Lanka, CMA & AAT

President of the International Federation of Accountants (IFAC), the global body of the accounting profession Ms.Rachel Grimes will arrive in Sri Lanka in July on a four day visit from 4th to 7th July extended to her by the Sri Lankan IFAC member bodies which includes the countries three national professional accountancy organisations; the Institute […]

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