Tag: lbo
CFA Society Sri Lanka Capital Market Awards prompt greater assurance from unit trust funds
As the 10th annual CFA Society Sri Lanka Capital Market Awards scheduled for 21 June 2023draws closer, the Society takes the opportunity to revisit the award winners from last year, as part of its efforts to recognise and reward professionals who have established benchmarks for the advancement of domestic capital market participants. The Best Unit […]
Government bringing various anti-people laws, while creating racial and religious issues: Eran
Former President reversed gazettes, current one is reversing Acts At this moment, many problems have arisen in the country, in the backdrop of bringing several Bills including Broadcasting Authority Bill and the Anti- Corruption Bill by the government said opposition MP Eran Wickramaratne, addressing the media at the Office of the Leader of Opposition in […]
TRI-ZEN: Revolutionizing smart living in SL, 75-pct of inventory sold
Engineered for the future, TRI-ZEN apartments, located in the heart of Colombo in Union Place, Colombo 2, announced the successful sale of 75% of its inventory to date, as the much-anticipated project nears completion by the end of 2023. This remarkable achievement underscores the tremendous appeal and demand for TRI-ZEN, which is a joint venture […]
Plantation sector to see growth in Q2 amid labour issues: Report
The Research Intelligence Unit, a multi sectoral research consultancy says plantation companies are very optimistic about the revoking of the ban imposed on the usage of chemical fertiliser and see it as the ex-factor for a production boost in 2023, as compared with 2022. The companies consider labour as a crucial element of their business […]
SL Rupee depreciates against USD
The Sri Lankan Rupee (LKR) has depreciated against the US Dollar (USD) today compared to last week, according to the Central Bank of Sri Lanka. Accordingly, today’s buying rate of USD is Rs 290.06 while the selling rate is Rs. 303.73. Last Friday’s buying rate of USD was Rs. 288.08 while the selling rate was […]
MullenLowe Group launches LoweMedia: Appoints Sabry Haniz as VP and Director
Sri Lanka’s largest marketing communications group, The MullenLowe Group (MLG) launches LoweMedia on the 1st of June. LoweMedia becomes the 7th independently managed strategic vertical following the formation of the group’s six other strategic verticals. Today, MLG consists of MullenLowe (Mainstream advertising), LoweDigital (Social, Content and Paid Media) LoweActive (Brand Activation), LoweTech (Martech Services & […]
Ceylinco Life appoints new COO and Deputy COO
Executive Director/Deputy CFO Ranga Abeynayake becomes Chief Operating Officer General Manager – Marketing Samitha Hemachandra appointed Deputy COO Ceylinco Life has announced the appointments of Ranga Abeynayake and Samitha Hemachandra as Chief Operating Officer and Deputy Chief Operating Officer respectively, following the creation of the two positions as part of the Company’s leadership […]
‘s proposed broadcasting authority act under fire: Harsha de Silva raises concerns
The government’s proposed Broadcasting Authority Act was criticized by the main opposition at a press conference held Wednesday. Parliamentarian Dr. Harsha de Silva warned the said legislation, touted as an effort to advance the mass media, actually serves as a tool for the government to crack down on and manipulate the media to suit its […]
Courtyard by Marriott Colombo hosts Sri Lanka open 2023 Pro-Am golf tournament
Marriott Bonvoy, Marriott International’s award-winning travel program, teamed up with Courtyard by Marriott Colombo to host the Sri Lanka Open 2023 Pro-Am Golf Tournament. Kicking off 2023 on a green note, Marriott Bonvoy continues its long-term association with Shiv Kapur, an Arjuna Award winner and ace golfer. Shiv Kapur, a two-time European Challenge Tour champion […]
Ayodhya Iddawela Perera to take over as Sampath Bank MD from 01st July 2023
Ayodhya Iddawela Perera will take over as the next Managing Director of Sampath Bank PLC effective from the 1 st of July 2023. She will succeed the incumbent Managing Director, Nanda Fernando, who will conclude his term in office on the 30th of June 2023, leaving behind a legacy of commitment, excellence, and service to […]
John Keells Group crisis response initiative records promising impact among multiple communities
In the wake of Sri Lanka’s unprecedented socio-economic crisis in early 2022, the John Keells Group launched a multi-pronged Crisis Response Initiative through its Corporate Social Responsibility (CSR) entity, John Keells Foundation. Implemented in partnership with Group businesses across the Island, this initiative has made significant strides in supporting and empowering communities, aligning with the […]
Brazilian technical assistance to dairy and sugarcane industries in Sri Lanka
High-Level Technical Team of eight professionals from the Federal University of Viçosa, Federal University of Sao Carlos and the Brazilian Cooperation Agency (ABC) is scheduled to undertake a technical visit to Sri Lanka with a view to providing Brazilian Technical Assistance for the development and capacity building of the Dairy and Sugarcane industries in Sri […]