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Cipla and SLCP mark World Asthma Day with charity cycle ride
As the WHO states asthma is a major non communicable disease characterized by recurrent attacks of breathlessness and wheezing. It often starts in childhood but attacks all age groups. Severity and frequency vary from person to person. Symptoms may occur several times in a day or week in affected individuals. Cipla, a leading pharmaceutical company […]
Sri Lanka Purchasing Managers’ Index further declines in April 2022
Manufacturing PMI declined significantly in April 2022, following the seasonal pattern and indicating a contraction in manufacturing activities on a month-on-month basis. Accordingly, Manufacturing PMI recorded an index value of 36.4 in April 2022, with a decline of 21.4 index points from the previous month. This was due to the significant decreases reported in production, […]
“Rajapaksa government does not support PM Wickremesinghe,” Eran in Parliament
SJB Parliamentarian Eran Wickramaratne said that although Prime Minister Ranil Wickremesinghe had proposed that a female be elected unopposed to the vacant post of Deputy Speaker of Parliament, the Rajapaksas nominated a male and elected him as the deputy speaker opposing the PM’s proposal. By this act the Rajapaksas have made it clear at the […]
APTS prepares for its next phase of growth by strengthening its leadership team
Asia Pacific Technology Systems (APTS), an award-winning Information Technology Solutions provider in the region, is gearing for its next phase of growth through the appointment of 3 reputed Independent Non-Executive Directors to its board. The new appointments will further strengthen the Company’s strategic focus and governance structure which will assist the company to reach its […]
South Asia Textiles commits to SBTi to limit global warming at 1.5°C
South Asia Textiles (SAT), a fully-owned subsidiary Hayleys Fabric PLC, also joined its parent company in committing to the Science-Based Targets initiatives (SBTi) for reducing Greenhouse Gas (GHG) emissions and limiting global warming to1.5°C. Hayleys Fabric is a pioneering fabric manufacturer in the Country. The Hayleys Fabric Group is the largest manufacturer in Sri Lanka. With […]
Ceylon Chamber meets Party Leaders to discuss economic and political crises
The Ceylon Chamber of Commerce officials met with the leaders of several key political parties during the last 4 days to discuss the serious economic and political challenges faced by the country. Among the leaders met were Hon. Sajith Premadasa, Leader of the Opposition and SJB, Hon. Anura Kumara Dissanayake, Leader of the JVP, Hon. […]
CSE consolidates gains on heavier trading volume
May 18, 2022 (LBO) – Colombo stocks consolidated gains after a recent sharp three day rally. Major indices finished down slightly on the day but are still up over 10% in the last week. For the first time during the recent upsurge, daily trading reached a value of approximately US$10mn. This level of volume would […]
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May 17, 2022 (LBO) – The stock market in Sri Lanka continued its surge for the third consecutive day, with the two major indices finishing up in the range of 5-6% on the trading session. Volumes continued to be relatively light, with less than US$10mn worth of stocks traded on the day. In the last […]
Prime Minister proposes to privatize SriLankan Airlines
Sri Lanka’s Prime Minister Ranil Wickremesinghe said that he proposes to privatize loss-making SriLankan Airlines. SriLankan Airlines has been fraught with challenges over the past three years starting with the Easter Sunday attacks in April 2019 that led to a decline in tourist arrivals in the immediate aftermath, followed by the onset of the pandemic […]
Message by UN Resident Coordinator in SL on Day of Vesak
On behalf of the Secretary-General and the United Nations Country Team in Sri Lanka, I send my warmest wishes to all celebrating the Day of Vesak. “Hatred is, indeed, never appeased by hatred in this world. It is appeased only by loving-kindness.” As Sri Lanka and the world journey through these troubled times, may this […]
Public clamours for Harsha de Silva to join government
May 15, 2022 (LBO) – Sri Lanka’s twittersphere has seen a surge in activity due to the recent political and economic crises. Events reached a crescendo as violent rioting transitioned into the the surprising outcome of Prime Minister Ranil Wickremesinghe being sworn in for the 6th time. Perhaps the most significant presence on Twitter in […]