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SIR PONNAMBALAM ARUNACHALAM (1853-1924)
On the 97th Death Anniversary which falls on 9th January 2021 Compiled by Sega Nagendra and Suresh Murugaser, great grandchildren of Sir P.Arunachalam FAMILY Ponnambalam Arunachalam was the youngest Son of Gate Mudaliyar A.Ponnambalam. He was born on 14th September 1853 to a highly respected and a well-educated professional family originally from Manipay, Jaffna. Gate […]
Union Assurance hosts virtual gala for annual awards
Union Assurance takes digital disruption to the next level as it felicitated top achievers of the Agency and Bancassurance sales force at a glittering Virtual Gala on 18th December 2020. The event was viewed by over 5000 participants and attended by a distinguished leadership including the John Keells Chairman, Krishan Balendra and President, John Keells Group, […]
Korean based Heung A Line expands services to Sri Lanka
Heung A Line head quartered in South Korea launched its maiden service (SIS/CI6) in Sri Lanka with its first vessel call at the CICT of the Port of Colombo with mv. BALTIC SOUTH v. 2001W on the 22nd of December 2020. The service is jointly operated by Heung A Line in partnership with Sinokor Line, […]
Repatriation process “People Centric and Transparent” For Min sets record straight
The Foreign Ministry will continue facilitating repatriations without any financial burden on Sri Lankans, the Foreign Secretary asserted responding to misinformation in the public domain. Secretary Jayanath Colombage made it clear that the role of the Missions is strictly confined to organizing repatriation flights for returnees who are tested on arrival, offered all logistical support […]
President appoints 18-member De-Regulation Commission to simplify existing laws
President Gotabaya Rajapaksa has appointed a 18-member De-Regulation Commission for the Simplification of the Existing Laws and Regulations in the interest of the people. The Commission is co-chaired by former Secretary to the President and Principal Advisor to the President Lalith Weeratunga and Chairman of John Keells Group Krishan Balendra. Other members of the Commission […]
‘ Guild to put the country first
SriLankan Airlines has been supporting the national economy and country since the closure of the Bandaranaike International Airport in March 2020 with the outbreak of COVID-19 by flying stranded Sri Lankans home and facilitating international trade by maintaining the vital link between Sri Lanka and the rest of the world. Nearly the entire fleet of […]
Indian External Affairs Minister meets with Opposition Leader
A special meeting was held yesterday (06) between Indian Foreign Minister Dr. Subramaniam Jayasankar and Leader of the Opposition Sajid Premadasa, who is on a three-day official visit. The two sides discussed bilateral relations and exchanged views on the long-standing historical ties between the two countries. Opposition leader Sajith Premadasa thanked Sri Lankans for their […]
SL fiscal deficit to reach 11.3-pct of GDP in 2021: All clear for stronger growth in 2021
Asia Securities, a stockbroking firm says that all signs point to a strong GDP growth trajectory in 2021. The latest Economic Outlook report titled Balancing the Priorities – The New Normal forecasts a GDP growth of 5.4% for 2021, driven by improved investor sentiment and consumer demand, an accommodative monetary policy environment, and a pickup […]
“India will always be a dependable partner and reliable friend to Sri Lanka” says EAM Dr. S. Jaishankar
Visiting Minister of External Affairs of India Dr. S.Jaishankar held bilateral talks with Foreign Minister Dinesh Gunawardena yesterday and discussed multiple areas of bilateral cooperation was taken up, including economic, financial, trade and investment cooperation, cultural exchanges, defence and security, development cooperation as well as Covid 19 pandemic response. Both sides agreed to continue the […]
VIDEO: Joe Biden certified as next President of United States amid pro-Trump protests
Joe Biden certified as next President of the United States and Kamala Harris certified as next Vice President of the United States. Angry supporters of President Donald Trump stormed the US Capitol building, marching through the building, shouting and waving Trump flags. Some lawmakers were evacuated while others were told to shelter in place.Four people […]
CA Sri Lanka’s annual report awards to comeback this year
The prestigious Annual Report Awards Competition organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), is set to make a grand comeback this year with a series of relaxations which will immensely benefit the participating companies amidst the COVID-19 global pandemic. The Annual Report Awards Competition which stakes claim to an […]
Asia Securities forecasts strong growth trajectory for equities in 2021
Following a year of volatility, leading stockbroking firm Asia Securities (Pvt) Ltd, notes that the road ahead for Sri Lanka’s capital markets is optimistic, with the ASPI expected to reach 7,400-7,600 in 2021. The Sri Lankan stock market marked a V-shaped recovery in 2020, seeing one of its strongest rallies to recover all losses suffered […]