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CSE’s Depository arm CDS capitalizing on technology to diversify business
Central Depository Systems (Pvt) Ltd (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE) is announcing a number of new offerings focused on raising-the-bar in the services offered to its stakeholders. In this in-depth interview, Nalin Fonseka, Head of CDS speaks on the thinking behind these new offerings and how they will benefit […]
Dialog approves nominee director from Axiata Group Berhad; 2Q profits up
Aug 09, 2018 (LBO) – Dialog Axiata has approved the appointment of Dato’ Mohd Izzaddin Idris as a Non-Executive Director to the board of Dialog, as a Nominee Director of Axiata Group Berhad effective from today. He is also a Non-Executive Director of Axiata Group Berhad and is currently the Group Managing Director and Chief […]
We will take every action to defeat “trade union terrorism”: Sagala
Aug 09, 2018 (LBO) – Prime Minister’s Chief of Staff, Minister Sagala Ratnayaka said the government will take every possible action to defeat what he called the “trade union terrorism” spreading in the country.Releasing a statement, former Law and Order Minister said that it is imperative that trade unions act in a civilized manner within an […]
Resume Writing Tips: Is a photograph a must on the Resume?
By Chathurika Jayawardana, Founder, Career Kit – Professional Resumes Including a photo doesn’t necessarily increase the probability of being called for an interview. It’s best to include one, only if the job advert requests one. In Sri Lanka, companies promoting equal opportunities don’t expect one. Most companies in Australia, USA & UK do not request […]
Singer revenue up 16-pct in 1Q
Aug 09, 2018 (LBO) – Singer (Sri Lanka) PLC announced a 16 percent increase in its revenue to 15.1 billion rupees in the first quarter of FY19 in spite of challenging business conditions, the Company said in a statement. While an improvement in the rural economy was noted in April-May, the company noted a lower consumer […]
Advantis Engineering partners ATAD Steel Structure Corporation to improve construction solutions in Sri Lanka
Advantis Engineering, a subsidiary of Hayleys Advantis Limited, recently entered into a Memorandum of Understanding (MOU) with global pre-engineered building giant ATAD Steel Structure Corporation. This latest partnership is in keeping with the company’s ongoing efforts to bring sustainable, cost effective and rapid construction solutions to Sri Lanka. Pre-engineered steel buildings are tailor-made solutions to […]
Sri Lanka to do feasibility study for domestic airport in Kandy
Aug 09, 2018 (LBO) – Sri Lanka’s cabinet of ministers has given the nod to conduct a feasibility study on building a domestic airport in Kandy district, a statement said. “It is proposed to have a new airport at Dingana in the Kandy area to better connect the city to other areas in the island,” an official statement on […]
Reports about textile imports from North Korea are erroneous: Foreign Ministry
Aug 08, 2018 (LBO) – Sri Lanka’s Foreign Ministry on Wednesday said news reports regarding textile imports from the North Korea to Sri Lanka during the period October 2017 and March 2018 are erroneous.The ministry said in keeping with Sri Lanka’s international obligations as a member of the United Nations, the Government of Sri Lanka […]
CA Sri Lanka calls for applications for 54th Annual Report Awards Competition
In an effort to crown the best and most brilliant annual reports produced in the country, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has called for applicationsfor its 54th Annual Report Awards Competition. The competition will this year revolve around the theme ‘Epitome of Brilliance’ with the best annual reports scheduled […]
Sri Lanka Medical Association says composition of Medical Council needs revision
Aug 08, 2018 (LBO) – Sri Lanka Medical Association (SLMA) has asked the Health Ministry to set up a committee to review the Medical Ordinance with a specific focus on the composition of the Sri Lanka Medical Council (SLMC). Releasing a media release, the association said they are willing to provide a facilitator forum to […]
CB Governor says bank deposit and lending rates need to come down
Aug 08, 2018 (LBO) – Sri Lanka’s Central Bank Governor Indrajit Coomaraswamy expressed concern on the current deposit and lending rates of the banks. Speaking at a press briefing, Coomaraswamy said it is a matter of some concern because the deposit and lending rates are as rigid as they were in the past. “In fact […]
63 remarkable women from Sri Lanka & Maldives recognized at Career Awards
• ‘Top 50’ Professional and Career Women Awards 2018 take inspiring stories of Sri Lankan women to the world • 63 remarkable women from Sri Lanka and Maldives recognized with Gold and Silver awards The ‘Top 50’ Professional and Career Women Awards 2018 were celebrated recently, with remarkable women leaders from Sri Lanka recognized for […]