Tag: lbo.lk
Ceylon Chamber welcomes SVAT repeal deferment
The Ceylon Chamber of Commerce (CCC) expresses its appreciation to the Government and to the President in particular for the decision taken to postpone repeal of the SVAT scheme. The Bill provided to repeal the Simplified Value-Added Tax Scheme (SVAT) effective from January 1, 2024. This raised several concerns among various sectors, including exporters registered […]
Corporate Governance Awareness Session hosted by Compliance Forum of Finance Houses Ass concludes
The ‘Corporate Governance Awareness Session’ organized by the Finance Houses Association of Sri Lanka (FHA), the apex body of all registered Finance Ccompanies, was held at the Siyapatha Tower on the 11 th August 2023. Held in collaboration with the Central Bank of Sri Lanka (CBSL), the main objective of this event was to enhance […]
UN HR Commissioner says, Call for historic transformation is far from being realised in Sri Lanka
Sri Lanka suffers from a continuing accountability deficit – be it for war crime atrocities, more recent human rights violations, corruption, or abuse of power – which must be addressed for the country to move forward, according to a UN Human Rights Office report published on Wednesday. “More than a year ago mass protests demanded better governance […]
‘You think less of your country than I do’ – Mo Gawdat on Sri Lanka
Cinnamon Hotels and Resorts hosted Mo Gawdat, the former Chief Business Officer of Google X and Best-selling author, at Cinnamon Lakeside Colombo last week to enlighten a Sri Lankan audience of IT specialists, businessmen, professionals, and corporates on the future of Artificial Intelligence. As an entrepreneur with a 30-year career in technology, he gave […]
‘s experience multidimensionally vulnerability: UNDP Report
Debt, a lack of education, and the ability to adapt to disasters are factors that make most people feel vulnerable, says a new report, released today by the United Nations Development Programme (UNDP) and the University of Oxford’s Poverty and Human Development Initiative (OPHI). The Policy Report titled ‘Understanding Multidimensional Vulnerabilities: Impact on People of […]
Delmege Interior Décor outdoes itself once more
The Edith Cowan University Sri Lanka (with its local partner ACBT), opened its doors to the public unveiling seven floors of modern, elegant and functional interiors, carefully planned and designed to bring out the best in those utilizing these spaces. Delmege Interior was proud to be associated with the internationally renowned and recognized Edith Cowan […]
A new constitution for clean cricket: Eran
We have a governance issue that we need to rectify by bringing a new constitution for Sri Lanka cricket, said Eran Wickramaratne MP of the SJB, addressing the Parliament today on the adjournment debate on Sri Lanka cricket. SJB Parliamentarian Hesha Withana had moved a resolution on the alleged irregularities in Sri Lanka cricket involving […]
SriLankan Airlines relaunches flights to Jeddah
SriLankan Airlines has relaunched direct flights from Colombo to Jeddah with a thrice weekly service every Tuesday, Wednesday and Sunday. SriLankan Airlines is currently the only carrier to offer a non-stop flight schedule between the two cities, opening a convenient gateway to the holy cities of Makkah and Madinah for Umrah pilgrims in Sri Lanka […]
First Capital reports profits of Rs. 2.8Bn
First Capital Holdings PLC (the Group) announces its outstanding financial performance for the first quarter ended June 30, 2023. The Group reported an impressive Profit after Tax of Rs. 2.81 billion, marking a remarkable leap from Rs. 96 million recorded in the same period last year. Among the key divisions, the Primary Dealer segment demonstrated […]
CCC promotes responsible investment practices with webinar on sustainability standards for ESG financing
Aiming to create awareness about the growing significance of sustainable development and Environmental, Social, and Governance (ESG) financing, The Ceylon Chamber of Commerce recently conducted a webinar on ESG Financing and the impact of sustainability standards in the financial sector on access to finance for businesses. The session aimed to enhance the knowledge and understanding […]
Hayleys Plantations pioneers sustainable tea tourism, signs MOU with Pekoe trail
Hayleys Plantations, a member of Sri Lanka’s largest and most diversified conglomerate the Hayleys Group, has embarked on an exciting partnership with “The Pekoe Trail,” a visionary sustainable initiative aimed at revitalising the country’s tourism sector. Comprising three major Regional Plantation Companies (RPCs), namely Kelani Valley Plantations PLC (KVPL), Talawakelle Tea Estates PLC (TTEL), and […]
CSE and stockbroker firms take lead in attracting Indian firms
“Invest Sri Lanka” is a series of forums organized by the Colombo Stock Exchange (CSE) in partnership with Stock Broker Firms, to promote foreign portfolio investment into the Sri Lankan Stock Market by showcasing investment opportunities in leading Sri Lankan listed companies. The investor forums have previously conducted in key foreign markets, including the UK, […]