Category: Other
”AA- ( lka)(EXP)
Fitch Ratings has assigned Commercial Bank of Ceylon PLC’s (CB; AA(lka)/Stable) proposed subordinated debentures of up to LKR7bn an expected National LongTerm Rating of ‘AA-(lka)(EXP)’. The debentures, which are to have tenors of five and 10 years and carry fixed and floating coupons, are to be listed on the Colombo Stock Exchange. CB expects to […]
New UN resident coordinator for Sri Lanka takes office
Una McCauley presented her credentials to Mangala Samaraweera, Minister of Foreign Affairs, as the new Resident Coordinator for the United Nations and the Resident Representative for UNDP in Sri Lanka today. As the most senior UN Official in the country, McCauley will lead the UN Country Team of 21 Resident and Non-Resident UN Agencies and […]
Minister of Foreign Affairs, Canada and UNDP inaugurate Jaffna’s only Siddha Medicine Center
(PRESS RELEASE) – Honourable Stéphane Dion, Minister of Foreign Affairs of the Government of Canada and Her Excellency Shelley Whiting, Canadian High Commissioner to Sri Lanka together with Lovita Ramguttee, UNDP Sri Lanka Deputy Country Director, visited a UNDP project site recently in Jaffna. During the Honorable Foreign Minister’s visit to Jaffna as part of his […]
Deputy Minister Harsha de Silva heads Sri Lanka Delegation at 23rd ASEAN Regional Forum
(PRESS RELEASE) – Deputy Foreign Minister, Dr. Harsha De Silva headed the Sri Lanka delegation at the 23rd ASEAN Regional Forum (ARF) held in Vientiane, Lao PDR on 26th July 2016. ARF is a Foreign Ministerial Meeting for security dialogue in the Asia-Pacific region and it seeks to promote regional development and prosperity. The ARF […]
Sri Lanka in investor spotlight, as new era dawns: OBG
(PRESS RELEASE) – Sri Lanka’s plans to boost foreign direct investment through a raft of pro-business policies and incentives are mapped out in a landmark report just produced by the global publishing, research and consultancy firm Oxford Business Group (OBG). The Report: Sri Lanka 2016 looks in detail at the government’s vision for boosting economic […]
Kia goes East with smart new Sales Centre
(PRESS RELEASE) – Kia Motors (Lanka) has opened its first Vehicle Sales Centre in Sri Lanka’s Eastern Province as part of the company’s on-going dealership development initiative. The new showroom, which will be operated as a franchise by M/s N.K.D. Ratnam and Co., an experienced player in the automobile trade, is located at 570, Trinco […]
SriLankan launch real-time card transactions for on-board duty free purchases
Passengers purchasing items from SriLankan Airlines’ ‘Serendib Treasures’ on-board duty-free collection will from August 1 enjoy enhanced convenience and purchasing power, thanks to a new electronic credit and debit card system developed in partnership with the Bank of Ceylon to provide real-time processing of transactions. Captain Suren Ratwatte, CEO of SriLankan Airlines, said: “At SriLankan […]
Esala Weerakoon appointed as new secretary of Foreign Ministry
Esala Weerakoon, member of the Sri Lanka Foreign Service batch of 1988 received his letter of appointment as the Secretary to the Ministry of Foreign Affairs, today 1st August 2016, from the Secretary to the President. He has served as High Commissioner to India and Ambassador to Norway. His foreign postings include assignments as Actg. […]
Aitken Spence PLC Joins CSE to Open Trading for August
Aitken Spence PLC rang the opening bell to commence trading at the Colombo Stock Exchange (CSE) today and pledged to play its part in furthering the nation’s economic vision and growth. The market opening ceremony was organized to mark the first trading day for the month of August. Making remarks on behalf of Aitken Spence, […]
Huawei Sri Lanka says P9 first shipment sold out within a week
Huawei, Sri Lanka’s fastest growing smartphone announced that it has successfully sold out its first shipment of the new flagship smartphone Huawei P9 in Sri Lanka. According to industry statistics Huawei together with its exclusive national distributor Singer Sri Lanka PLC was able to achieve this milestone as a result of the high quality camera […]
Sri Lanka’s CSE to launch new online services through CDS e-connect
Aug 02, 2016 (LBO) – Sri Lanka’s Colombo Stock Exchange is to launch a range of new online services for CDS account holders through their new website cdseconnect.lk this week. The introduction of e-connect means that the CSE now joins exchanges from around the world in offering electronic services to depository account holders. With CDS […]
Anura Kumara’s brush-strokes at brotherhood day
The JVP, civil organizations and artists yesterday remembered Black July at the Viharamahadevi Park. At the event JVP leaders started painting a large drawing with different colors with the theme “One country, multi colors.