Category: Other
Plastics & Rubber Institute signs MOU with Institute in Singapore
The Plastics and Rubber Institute of Sri Lanka has signed an MOU with the Plastics and Rubber Institute of Singapore. This was announced by the President of the PRISL, Kaushal Rajapaksa at the Institute’s Annual Awards Night held recently at the Taj Samudra Hotel. Hon. Deshamanya Karu Jayasuriya, Speaker of the Parliament of Sri Lanka […]
Canada supports women’s rights organizations in Sri Lanka
Dec 24, 2019 (LBO) – The High Commission of Canada to Sri Lanka together with the Asia Foundation launched their flagship development initiative in Sri Lanka named ‘Women’s Voice and Leadership’ (WVL). This launch took place on December 17, 2019, at the official residence of the Canadian High Commissioner with over seventy participants representing other […]
First Capital wins Silver – Investment Banking Category at Annual Report Awards
First Capital Holdings PLC, the only listed investment bank in Sri Lanka, won the Silver Award under the newly introduced industry category “Investment Banking” at the 55th Annual Report Awards competition organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). The Award and Certificate were presented to First Capital by Heshana […]
‘Revitalized Africa Policy’ to guide Sri Lanka’s engagement with Africa
Dec 20, 2019 (LBO) – Foreign Secretary Ravinatha Aryasinha has said the operationalization of the recently developed ‘RevitalizedAfrica Policy’, seeks to enhance Sri Lanka’s cooperation in the political, economic and cultural spheres across Africa. Among the envisaged measures for closer engagement are the expansion of Sri Lanka’s diplomatic presence in Africa, stronger and mutually productive […]
Colombo Coffee Company receives Rs100Mn investment from Akbar Brothers
Colombo Coffee Company (CCC), Sri Lanka’s largest coffee solutions provider and café operator, reached an agreement with Akbar Brothers for a LKR 100Mn growth equity investment. This will further cement CCC’s position as the market leader in providing coffee solutions for the HORECA segment through leading brands such as Lavazza, Toscana, La Cimbali and Gaggia. […]
President inspects Narahenpita Economic Centre
President Gotabaya Rajapaksa went on an inspection tour in the special economic centre in Narahenpita yesterday evening (18). President paid attention to the impact that tax concessions have had on essential consumer goods. Contacting the officials of the Ministry of Finance from the site, President instructed them to be vigilant if the benefits of tax […]
Arpico Finance receives ISO 27001:2013 certification for IT
With a growing customer base and ambitious plans to reach greater heights, Arpico Finance Company PLC (AFCP), the second oldest financial institution in the country with a presence of over six decades, owned by Associate Motor Finance Company PLC (AMF), was recently awarded the ISO 27001:2013 certification for its continuous efforts to improve its digital […]
CA Sri Lanka’s groundbreaking alliance with ICAEW
Turning a new leaf in the country’s dynamic accounting profession, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) broke new ground on Monday as it entered into a strategic alliance with one of the world’s most respected and prestigious accounting bodies, the Institute of Chartered Accountants in England and Wales (ICAEW). The […]
CEAT announces immediate pass-on of tax reductions to customers
Says expects beneficial impact on operating costs in public transport and carriage of goods CEAT Kelani Holdings, which manufactures nearly half of Sri Lanka’s pneumatic tyre requirements, has announced that it has already begun passing on the full benefit of the recent tax reductions to its customers. While every segment of tyre users would benefit […]
Global initiative by FAO to control Fall Armyworm; mobile app to launch in local languages
Dec 16, 2019 (LBO) – The Food and Agriculture Organization of the United Nations (FAO) has launched a pioneering initiative – “Global Action for Fall Armyworm Control”, that aims to mobilize USD 500 million over 2020–22 to take radical, direct and coordinated measures to fight Fall Armyworm at a global level. In Sri Lanka, FAO […]
Mobitel to play critical role as connectivity partner for Hatton National Bank
(PRESS RELEASE) – HNB as the communication and solutions partner. MEB offers industry-best ICT services and provide tailor made business solutions using big data, data science and advance data analytics which has consistently attracted the nation’s blue chip corporates to opt for Mobitel as their Communications Partner. We will put this expertise to strategic use […]
Sri Lanka to be represented in World Business Angels Investment Forum
Dec 16, 2019 (LBO) – Talal Rafi, a Sri Lankan entrepreneur and consultant will be Sri Lanka’s representative to the World Business Angels Investment Forum (WBAF) and will be representing Sri Lanka at the WBAF World Congress in Istanbul, Turkey in February 2020 as well as in the Global Startup Committee. “The participation of Talal […]