Category: Other
Sampath Bank ranks among Sri Lanka’s 10 Most Admired Companies
Standing testimony to its superlative service to the nation, Sampath Bank was placed among Sri Lanka’s 10 Most Admired Companies at the ‘Most Admired Companies of Sri Lanka 2019’ held at BMICH recently. Marking yet another historic milestone, Sampath Bank won this prestigious award for the second consecutive year. The event was organised by the […]
John Keells Holdings ranked as Sri Lanka’s Most Respected Entity for 14th year
John Keells Holdings PLC (JKH) was ranked as the Most Respected entity in Sri Lanka for a record 14th year, in the recently released edition of LMD’s Most Respected entities issue. In terms of the 10 attribute rankings, JKH has taken the lead in seven categories, namely financial performance, management profile, honesty, dynamism, corporate culture, […]
Esala Weerakoon approved as next secretary-general SAARC
Oct 07, 2019 (LBO) – The informal meeting of the council of ministers of the South Asian Association for Regional Cooperation (SAARC) held in New York last week has approved the nomination of former Foreign Secretary and senior career diplomat Esala Weerakoon, to be the 14th Secretary General of the association. The office will come […]
UK announces a further £10m of funding for stability projects
Minister of State for the Commonwealth, UN and South Asia and Prime Minister’s Special Representative on Preventing Sexual Violence in Conflict, Lord (Tariq) Ahmad of Wimbledon visited Sri Lanka on 1-2 October. At the same time, the UK announced over £10m of new funding to support long-term stability in Sri Lanka. The UK support will […]
Sampath Bank among the top 10 Most Respected Entities in Sri Lanka
Sampath Bank, the growing force in Sri Lanka’s financial services recently appeared in the 15th annual edition of the Most Respected – a survey and publication commissioned and conceptualized by LMD and conducted by Nielsen. Sampath Bank was named to be among the top 10 most respected entities in Sri Lanka, making it to the […]
Access Engineering buys warehouse -logistics firm for Rs.925Mn
Oct 03, 2019 (LBO) – Access Engineering PLC has bought 100 percent stake of WUS Logistics Ltd. The shares were bought at for 925 million rupees, the company said in a stock exchange filing. “W.U.S. Logistics owns a land of 41.5 acres in Kimbulapitiya to be used for warehousing purposes,” it added.
Sri Lanka tea prices down in first nine months of 2019
Oct 03, 2019 (LBO) – All elevations show a negative variance January-September 2019 compared with January-September 2018 and high growns show the largest deficit of Rs. 63.37 YOY, a report shows. National average for the month of September 2019 totalled Rs. 511.31 compared with Rs. 506.86 of August 2019 showing a marginal increase of Rs. 04.42 month […]
Future of modern workplace – powered by AI, driven by people
The first plenary session at the ‘Future of Business’ innovation strategy and learning event organized by The Ceylon Chamber of Commerce will be on the future of the modern workplace – powered by AI, driven by people. This session will tackle how organizations can make critical decisions with data and act on, or implement these […]
Kumar Sangakkara takes office as first non-British President at Lords
October 1, 2019 (LBO) – Press Release: www.lords.org ONE OF THE ALL-TIME LEGENDS OF CRICKET, KUMAR SANGAKKARA, TODAY TAKES UP HIS ROLE AS PRESIDENT OF MARYLEBONE CRICKET CLUB. The former Sri Lankan international is the first non-British President of MCC and will hold the post for one year. His nomination was announced by the outgoing President, Anthony […]
Sec Aryasinha on Sri Lanka’s obstacles on peacekeeping contribution to UN
Oct 01, 2019 (LBO) – Sri Lanka’s Foreign Secretary Ravinatha Aryasinha at the 74th UN General Assembly Session, met with Jean-Pierre Lacroix, under secretary general of the United Nations Department of Peace Operations (USSG/UNDPO) in New York to discuss obstacles placed on Sri Lanka’s peacekeeping contribution to the UN. Upon the Foreign Secretary seeking clarification on […]
South Korea increases funding for new Sri Lanka Ocean University
Sep 29, 2019 (LBO) – The initial outlay on Sri Lanka’s largest vocational skilling project announced on 28 August has now increased by 60 percent from its first value, the Ministry of Skills Development & Vocational Training said. “Due to some important revisions and re-assessments on the ground, the project value has been boosted by […]
Noolaham Foundation preserves the past to enrich the future
By Jekhan Aruliah We can be so blinded by the white hot heat of innovation that we fail to see the red embers of renovation. We are so focussed on finding treasure and riches in the bright new future that we forget about the jewels to be found in the dimmer recesses of the past. […]