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Sat, 20 Apr 2024 Today's Paper
09 Apr 2024 - 0 - 29
The Securities and Exchange Commission of Sri Lanka (SEC) in collaboration with the Colombo Stock Exchange (CSE) hosted several impactful teacher training programmes for teachers of the established 100 Capital Market Clubs across the country. These teacher training programmes were conducted in all three languages from the 13th March to 4th of April at teacher training centers across the nine provinces of country. The ‘Capital Market Club’ prog
09 Apr 2024 - 0 - 56
HNB PLC announced the appointment of Damith Pallewatte as Acting CEO, effective from 6th April, subject to approval of his fit & propriety from Central Bank of Sri Lanka. The appointment comes as part of a planned leadership transition first announced in May 2023. A qualified Banking and Risk Management Professional with over 27 years of experience including more than 14 years in Senior and Corporate Management positions, Pallewatte brings a wea
09 Apr 2024 - 0 - 37
LOLC Holdings PLC announced clinching the ‘People’s Financial Services Brand of the Year’ at the SLIM-Kantar People’s Awards 2024. This achievement marks the seventh consecutive year that LOLC has been recognized as the top choice in the nation’s financial services sector. Kapila Jayawardena, Group Managing Director/CEO of LOLC Holdings PLC, expressed his gratitude, stating, “We are honoured and humbled to once again receive this prestigious awar
09 Apr 2024 - 0 - 53
The 11th annual CFA Society Sri Lanka Capital Market Awards will be held on June 18 June, with a key highlight being the Best ESG Reporting Award conferred for the first time in the history of the event. ESG reporting refers to the process of disclosing a company’s performance and practices related to environmental, social and governance (ESG) factors. It involves the communication of relevant information to key stakeholders, including investors
09 Apr 2024 - 0 - 263
A delegation from the Singapore Food Agency (SFA), headed by Dr. Abdul Jalil Abdul Karder, Assistant Chief Executive Officer (Operations), along with two other officers from the Joint Operation Division of the SFA visited Sri Lanka from March 25-28. The purpose of the visit was to conduct pre-inspections of slaughterhouses in Sri Lanka that have applied for licenses from the SFA in Singapore, with the objective of assessing the potential of Sri
08 Apr 2024 - 0 - 65
08 Apr 2024 - 0 - 139
C. W. Mackie PLC, a diversified conglomerate with over a century’s heritage in manufacturing, exporting, and importing a diverse array of products, has revamped its corporate identity. The unveiling of its new logo marks a pivotal chapter in the Company’s history, reflecting its foundational values alongside a forward-looking, innovative approach. This redesign aligns with C. W. Mackie PLC’s strategic vision for expansive future growth.
08 Apr 2024 - 0 - 1167
The conference titled ’’Beyond Compliance,’’ which convened in Colombo on March 21, 2024, aimed at fostering a robust food safety framework in Sri Lanka. The theme of the conference focused on a Public-Private Dialogue in Building a Lasting Food Safety & Quality Culture.
08 Apr 2024 - 7 - 1028
Sri Lanka’s tourism sector is expecting a multiplier effect across all key source markets following United Kingdom’s recent update on the travel advisory for Sri Lanka, which will immediately result in a significant boost in tourist arrivals in the upcoming summer season.
08 Apr 2024 - 0 - 527
Gross official reserve assets of Central Bank reached the highest levels in more than three years in March as authorities managed...
08 Apr 2024 - 0 - 86
After enduring a series of crises, including the pandemic, Sri Lanka is eagerly anticipating the Avurudu festival ....
08 Apr 2024 - 1 - 278
Sri Lankans working abroad typically send the highest amount of money back home in March, ahead of the Sinhala and Tamil New...
08 Apr 2024 - 0 - 87
The International Air Transport Association (IATA) released data for February 2024 global passenger demand, showing....
08 Apr 2024 - 0 - 98
The Hambantota International Port (HIP) was a primary awardee at the Board of Investment of Sri Lanka (BOI) 45th Anniversary....
08 Apr 2024 - 0 - 68
Riyadh Air, the Kingdom of Saudi Arabia’s newly established national airline, has reached a significant milestone in its journey....
08 Apr 2024 - 1 - 426
Certain print media, electronic media and social media, joined by the politicians of Sri Lanka, made a mockery out of a ship...
08 Apr 2024 - 0 - 61
Sri Lanka’s leading non-banking financial services provider, People’s Leasing & Finance PLC (PLC), recently announced....
08 Apr 2024 - 0 - 39
With a steadfast dedication to providing chartered accountants with the essential tools required to navigate the dynamic landscape....
08 Apr 2024 - 0 - 79
Amana Bank announced its strategic partnership with Mireka Homes (Pvt.) Ltd, the developers of Havelock City and fully-owned...
08 Apr 2024 - 0 - 58
Commercial Bank of Ceylon has opened up a world of new opportunities for Sri Lankan businesses, by becoming the first bank....
08 Apr 2024 - 0 - 43
Commercial Bank of Ceylon has been voted as the People’s Private Bank of the Year, at SLIM Kantar People’s Awards 2024....
08 Apr 2024 - 0 - 62
Visa, the global leader in digital payments announced that Visa debit card spends saw a significant increase of over 35 percent....
08 Apr 2024 - 0 - 46
Fitch Ratings assigned Hatton National Bank PLC’s (HNB, A(lka)/Stable) proposed Sri Lankan rupee-denominated...
08 Apr 2024 - 6 - 1638
Reflecting what the Sri Lankan tourism trade could deliver in normal times when there are no pandemics or mass scale public protests as in 2022, the industry churned out back-to-back high foreign earnings exceeding US$ 300 million.
08 Apr 2024 - 8 - 2097
The government announced that it has been successful in settling a total of US$ 1909.7 million in foreign debt and interest payments within a time-frame of about 19 months.
06 Apr 2024 - 4 - 3026
Sri Lanka climbed two spots in the latest United Nations Conference on Trade and Development’s (UNCATD) Liner Shipping Connectivity Index (LSCI), becoming the 22nd best connected country in the world.
06 Apr 2024 - 0 - 312
The tea prices are likely to soften, due to the seasonal demand coming off; however, it is unlikely to hurt the earnings, Capital Trust Research said. While the tea prices have exhibited a notable upward trend, commencing from November 2023, the trend could be attributed predominantly to a decrease in supply, resultant from the changes in the weather conditions. This is coupled with the heightened demand in the market, attributed to Ramadan and a
06 Apr 2024 - 0 - 52
BBC: Samsung Electronics says it expects its profits for the first three months of 2024 to jump by more than tenfold compared to a year earlier. It comes as prices of chips have recovered from a post-pandemic slump and demand for artificial intelligence (AI)-related products booms. South Korea-based Samsung is the world’s largest maker of memory chips, smartphones and televisions. The company is scheduled to release a detailed financial report on
06 Apr 2024 - 0 - 84
The International Monetary Fund (IMF) this week said there is a “strong expectation” that the agreements with the commercial creditors, consistent with the programme parameters, would be reached by the completion of the second review. IMF spokesperson Julie Kozack, addressing a press briefing, noted that the next steps on the debt restructuring are to conclude the negotiations with the external commercial creditors and to implement the agreements
06 Apr 2024 - 0 - 78
In an effort to further enhance the gem and jewellery industry’s contribution to the national economy, President Ranil Wickremesinghe has instructed the officials to compile a report by the end of April. The report will outline the potential solutions to the industry challenges and the proposed reliefs for its stakeholders. The set of instructions were issued when the relevant ministries highlighted the challenges stemming from the increased ta
19 Apr 2024