Tag: lbo
President directs immediate action to solve plantation sector issues
President Ranil Wickremesinghe says that the government is committed to carrying out its agricultural modernization plan. Speaking at recent meeting held at the Presidential Secretariat he emphasized that there are several issue fading the sector and that one of the main challenges was related to the Mahaweli Authority and its lands, which are now being […]
‘s Central Bank says structural reforms needed for short and long-term issues: Annual Report
The implementation of structural reforms focusing not only on restoring near term stability but also on rebuilding the nation with adequate safeguards and resilience in the post-debt restructuring and post-IMF bailout era is vitally important for permanent revival from the current economic crisis, Central Bank of Sri Lanka releasing its 2022 annual report said. The […]
HC Moragoda meets IndiGo co-founder Bhatia to discuss enhancing air connectivity between SL and India
Continuing his discussions with large-scale Indian investors and corporate leaders, Sri Lanka’s High Commissioner to India Milinda Moragoda met with IndiGo airline’s co-founder and Managing Director Rahul Bhatia on 26 April in New Delhi. This was a follow-up to the meeting that they had in December last year. The discussion between High Commissioner Moragoda and Bhatia was centred […]
CCC Chairman highlights education opportunities for Nigerian students in SL
Highlighting Sri Lanka’s strengths in fields of education such as IT, Accountancy, Engineering, Nursing and Caregiving, the Chairman of The Ceylon Chamber of Commerce Vish Govindasamy emphasized the opportunities Sri Lanka presents for Nigerian students who are keen to pursue foreign higher education. Govindasamy made these comments at a meeting with the High Commissioner of […]
Evacuation of Sri Lankans in Sudan
Ensuring the safety and security of Sri Lankans stranded in the Republic of the Sudan is the primary concern of the Government of Sri Lanka. Sri Lanka continues to monitor the evolving security situation in the Sudan and is closely working with its international partners, including the Government of India and the Kingdom of Saudi […]
‘ “Cleaner Seabeds for Sri lanka” Expedition
Earlier this month, Plasticcycle, the social entrepreneurship project of the John Keells Group, entered into an agreement with The Pearl Protectors, a youth-led marine conservation organization that works to protect marine life and the ocean ecosystem in Sri Lanka, to partner on a project to remove underwater marine litter from sensitive marine ecosystems and reefs […]
Dipped Products launches new venture into high-tech sports gloves for EU & US
Producing specialised gloves for leading global brands across 10 sports Eco-friendly facility fulfils requirements for platinum LEED certification Up to 60% of raw materials sourced locally including recycled PET fabrics Global pioneers in sustainable integrated glove manufacturing, Dipped Products PLC (DPL), a subsidiary of the Hayleys Group, commenced commercial operations at its state-of-the-art […]
Plans underway to remove the lubricant levy to paralise the regulator: PUCSL Chair
The Ministry of Power and Energy has proposed to remove the lubricant levy from the Public Utilities Commission of Sri Lanka (PUCSL), the shadow regulator of Lubricant market without providing a proper justification, to parallelize the independency of the Commission, Janaka Ratnayake, PUCSL Chairman said. The Commission has been regulating the lubricant market for 17 […]
Sri Lanka – Canada biz council of CCC hosts interactive evening with Canadian HC
The Sri Lanka – Canada Business Council (SLCBC) of The Ceylon Chamber of Commerce hosted an interactive evening with His Excellency Eric Walsh, High Commissioner of Canada to Sri Lanka and Maldives. Organized in collaboration with the High Commission of Canada to Sri Lanka and Maldives, the event was attended by senior officials of the […]
Sri Lanka becomes regional hub for enhancing connectivity for Daraz Group
The Daraz Group recently convened its strategic management meetings in Colombo Sri Lanka. The leadership teams and senior management from the Daraz’s offices in Pakistan, Bangladesh, Nepal, Singapore and Dubai met in Colombo for this forum where the Group strategy and direction for the new financial year was discussed and finalised. Commenting on the opportunity, […]
Ceylon Chamber mobilises corporate sector support to adopt 105 Suwa Seriya ambulances
The Ceylon Chamber of Commerce successfully facilitated the adoption of 105 Suwa Seriya ambulances, valued at Rs.525 million rupees, to support Sri Lanka’s healthcare system. Suwa Seriya is a pioneering ambulance service launched by the Government of Sri Lanka to provide swift emergency medical care to those in need, especially in rural and remote areas. […]
Virtusa expands Sri Lanka HQ to accommodate growing team
Virtusa added 13,000 sq. ft of new office space to its Colombo facility as part of its ongoing expansion strategy to support the company’s growing headcount. The opening of the new space was graced by Chief Technology Officer (CTO) of Virtusa Corporation Ram Meenakshisundaram, Senior Vice President – Human Resources Rahul Sahay, alongside Virtusa Sri […]