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Japan provides human resources development scholarships for SL public sector
The Japanese Grant Aid for Human Resources Development Scholarship (JDS) Programme was introduced to Sri Lanka in 2010 by the Government of Japan in order to provide opportunities to the executive level public sector officials to undergo Master Degree Programmes in prominent universities in Japan. Accordingly, the First Framework (2010-2013) and the Second Framework (2014-2017) […]
Sampath Bank Introduces Helpline for Business Startup Advisory Services
Sampath Bank announced the launch of a helpline for Business Start-up Advisory Services under its flagship entrepreneurship development programme, ‘Sampath Saviya,’ recently. This new endeavour builds on the Bank’s longstanding efforts to support the nation’s entrepreneurs and nurture a culture of entrepreneurship around the island. Focusing on the critical incubation period during which early-stage businesses […]
First resident High Commissioner of New Zealand to Sri Lanka paid a courtesy call
The first resident High Commissioner of New Zealand to Sri Lanka Michael Appleton paid a courtesy call on State Minister of Regional Cooperation Tharaka Balasuriya on 28 July, 2021. Welcoming the new High Commissioner Appleton, the State Minister Balasuriya highlighted the potential to build upon the existing cordial ties between the two countries. He discussed […]
John Keells Group records strong Q1 performance; Q1 EBITDA at Rs.4.76 bn
The profit attributable to the equity holders of John Keells Group is Rs.1.53 billion for the three months ended 30 June, compared to a negative Rs.1.66 billion in the corresponding period of the previous financial year, interim accounts showed. Summarised below are the key operational and financial highlights of performance during the quarter under review: […]
NDB posts solid performance in H1 2021 amidst the pandemic
28 July 2021, Colombo, Sri Lanka Pre-tax profits crosses LKR 6 Bn (up by 21%), Post-tax profits of LKR 3.9 Bn (up by 32%) Robust growth in fund and fee income bases Cost to income ratio of 33%, continually in the low 30% range Balance Sheet growth – Total assets of LKR 664 Bn up […]
MAGA to design and construct two flyovers in Col 02 valued at Rs. 5.2Bn
Maga Engineering has begun construction of two new flyovers in Slave Island (Colombo 02), along Justice Akbar Mawatha and Uttarananda Mawatha. The proposed flyovers will overarch two central intersections in Slave Island and the Coastal Line – one of the busiest railway tracks leading into the city, thereby easing heavy traffic congestion leading to Colombo’s […]
EDB develops vocational education, training plan for electrical & electronics industry
The Sri Lanka Export Development Board (EDB) with the assistance of the Tertiary and Vocational Education Commission (TVEC) has prepared a Vocational Education Training Plan (VET Plan) for the Electrical and Electronics sector (EEC sector) in Sri Lanka to identify the skill gaps and training required to satisfy EEC sector needs to develop the Electrical […]
Pakistan envoy seeks joint ventures & collaborations with Sri Lanka
Acting High Commissioner, Tanvir Ahmed, and Trade & Investment Attaché, Asmma Kamal called on the newly appointed Finance Minister Basil Rajapaksa at his office yesterday. The longstanding and strong bilateral relations between the two friendly countries and further enhancement of economic, trade, and investment cooperation were discussed in detail. Moreover, the way forward in enhancing […]
Automobile Component Manufacturers surpass 5,000 employment appointments in WP: SLACMA
The brand-new component manufacturers have surpassed the granting of 5,000 new employment appointments in the Western Province over the past few months. This was stated by Dimantha Jayawardena, President of the Sri Lanka Automobile Component Manufacturers’ Association. Earlier this year, the Ministry of Industries together with the stakeholders of Sri Lankan Automobile Assembly and Automobile […]
Hemas Partners with Govt plastic waste recycling campaign
Hemas Holdings partnered with the Ministry of Environment to support its environmental initiative ‘Not a Rule but a Discipline’ focused on the responsible disposal and recycling of plastic waste in Sri Lanka. As a part of this initiative recycle bins will be placed at Government institutions and schools to collect disposable plastic pens and […]
China donates another 1.6mn doses of Sinopharm COVID-19 vaccines to Sri Lanka
The Government of China donated another consignment of 1.6 million doses of the Sinopharm COVID-19 vaccines to Sri Lanka. The two SriLankan Airlines flights UL869 and UL865 carrying the vaccines arrived at the Bandaranaike International Airport, Katunayake at 5.30 a.m., today (27). Chinese Ambassador to Sri Lanka Qi Zhenhong officially handed over the vaccines to […]
Nations Trust Bank Unlisted Debenture Oversubscribed Upon Opening
Nations Trust Bank announced the successful oversubscription of its Unlisted Debenture prior to its opening, aggregating LKR 5 Bn in applications. Structured, managed, and placed internally; the Bank planned to raise up to LKR 3 Bn through the issue of 30 million Unlisted, Rated, Unsecured, Senior, Redeemable Debentures at the par value of LKR 100 […]