Category: Other
Carl Cruz assumes duties as Chairman of Unilever Sri Lanka
With effect from March 1, 2016, Carl Cruz assumed duties as Chairman of Unilever Sri Lanka, taking the helm from his predecessor, Shazia Syed who has returned to Pakistan to assume her duties as the Chief Executive Officer of Unilever Pakistan. Carl arrived in Sri Lanka from the Philippines, where he last served as […]
SINGER – BEKO bring fun for young baking enthusiasts
The SINGER – Beko Fun Baking Event was held recently amidst a successful turnout at Beko Concept Store in Horton Place, Colombo. The event, attracted over fifty kids with their parents who got the opportunity to learn the best ways of baking in the new age with an unraveling novel experience in baking. The programme […]
Tokyo Cement recommences importing clinker from Japan
Tokyo Cement Group, the leader in the construction industry, trusted for decades as a supplier of high quality cement announces the recommencement of importing Clinker from Japan. The raw material in cement manufacturing will be for the exclusive use in ‘NIPPON-PRO’, a high-performance cement specially formulated for high risers and super structures. Mr. Dashantha Udawatte, […]
Bahrain ready to engage with Sri Lanka: Shaikh Salman Bin Khalifa
Bahrain says it is ready to engage with Sri Lanka’s economic growth, as they are very confident of the commercial potential Sri Lanka has. This was said by the Principal Advisor to the Prime Minister of Bahrain, Shaikh Salman Bin Khalifa Al Khalifa, when visited the Ceylon Chamber of Commerce during the last week. He […]
Nelson Liu appointed Chairman of CICT, Ray Ren becomes CEO
The Board of Directors of Colombo International Container Terminals Ltd. (CICT) has announced that the company’s first Chief Executive Officer Mr Nelson Liu has been appointed Chairman effective 8th March 2016, and that the CEO position has been filled by Chief Operations Officer Mr Ray Ren. The announcement said CICT will be spearheaded by Mr […]
Volvo appoints new importer and distributor in SL
Mar 15, 2016 (LBO) – Volvo, a Sweden based car manufacturer announced Swedish Cars (Pvt) Ltd., an IWS Holdings company, as the importer and distributor of it’s vehicles in Sri Lanka. Swedish Cars announced that it is now officially commencing the development of the Volvo Centre Colombo with a completion date set for August 2016. […]
Sri Lanka commits strengthening relations with Korea for mutual benefit
Foreign Minister Mangala Samaraweera, on an official visit to the Republic of Korea, expressed Sri Lanka’s commitment to further strengthen bilateral relations for mutual benefit, on Friday 11 March in Seoul. Minister Samaraweera’s sentiments were reciprocated by Foreign Minister Yun Byung-se. The Sri Lankan Foreign Minister was accompanied on the visit by the Minister […]
CA Sri Lanka underscores greater women representation across all sectors
President of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) Mr. Lasantha Wickremasinghe emphasizedupon the importance for greater female representation across the country’s public and private sectors. Delivering a speech to mark the international women’s day at the institute which was held under the theme ‘pledge for parity – challenging conscious and […]
‘s Lagarde
New Delhi, Mar 12, 2016 (LBO) – Even-greater trade integration can support more sustained growth, especially for countries in South Asia, observed Christine Lagarde, Managing Director, International Monetary Fund. Lagarde made these remarks at the opening session of a three-day high-level conference in New Delhi themed “Advancing Asia: Investing for the Future”. The conference is […]
Thank You Sri Lanka, Tohoku Region is back now: Japanese Ambassador
(Message by H.E. Kenichi Suganuma, Ambassador Of Japan on the occasion of the 5th Anniversary of the Great East Japan Earthquake and Tsunami- 11th March 2016) It was exactly 5 years ago today that the Great East Japan Earthquake and Tsunami hit devastating many parts of Eastern Japan. The disaster claimed 15,000 lives of people and […]
Fitch rates Siyapatha Finance proposed debt A- (EXP)
Fitch Ratings has assigned Siyapatha Finance PLC’s (Siyapatha; A-(lka)/Stable) proposed senior unsecured redeemable debentures of up to LKR2.5bn a National Long-Term expected rating of ‘A-(lka)(EXP)’. A full list of existing ratings is at the end of this rating action commentary. The issue will have two tranches with bullet principal repayments in the third and fifth […]