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Sat, 20 Apr 2024 Today's Paper
HVA Foods PLC, a member of the George Steuart group, announced the following appointments to its board of directors. Accordingly, Graham Stork has taken up duties as Director and Chief Executive Officer, while Samantha Ranatunga has tak
Radisson Blu Resort Galle announced the resort has emerged triumphant in clinching the Franchised Hotel of the Year Award at the recently held SEAP – GM Conference of Radisson Hotel Group hosted in Cebu, Philippines.
Hunas Holdings PLC, a leading player in the investment and hospitality sector, recently announced a strategic partnership with BCC Corporation Japan, a renowned innovator in technology, hospitality and real estate solutions. Together, they
The Hayleys Leisure Training Academy, a pioneering initiative by Hayleys Leisure, held its second graduation ceremony recently,
A recent study by the Potsdam Institute for Climate Impact Research (PIK) has projected staggering global damages from
Sri Lanka’s premier apparel solutions provider Brandix released its 2022/23 environmental, social and governance (ESG) report this
In an absolute win for responding to the autism spectrum disorder (ASD), which affects one in 93 children between the ages of 18 to 24 months in Sri Lanka, ‘Act Early for Autism’, which is a Citizens Development Business Finance PLC (CDB) project
A review of data published by Sri Lanka Customs analyzed by Siyaka Research confirms that the country shipped 62 Mnkg during the period January – March 2024, up 15% on last year’s figure of 54 Mnkg.
The global annual damage caused by climate change is estimated to be 38 trillion dollars until the year 2050, a study by a German research institute has found.
The mounting tensions in the Middle East that are becoming increasingly unpredictable are likely to impact the Ceylon Tea cuppa, the industry stakeholders said, especially since over 50 percent of the island nation’s tea is exported to that region.
Sri Lanka crossed the 700,000 tourist arrival milestone within the first 14 weeks of the year, almost half the time frame taken to reach the mark in 2023.
The tea exporters urged the government to step up in its efforts towards stabilising the rupee, so that the industry can continue to service the economy at its full potential. Tea Exporters Association (TEA) Chairman Ganesh Deivanayagam asserted tha
The ASPI closed in green as a result of price gains in counters such as Commercial Bank, Lanka IOC and John Keells Holdings with the turnover crossing Rs 2.0 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional inve
The secondary market enticed a mixed sentiment amid ultra-thin volumes during yesterday’s session, as the investors took a cautious approach, eagerly waiting to see the outcome of the bondholder negotiations, which recommenced on Tuesday, following
In today’s fast-paced and technology-driven world, digital services have become an integral part of our daily lives and revolutionized the way we communicate, work, and access information. One of the key benefits of digital services is their conven
CEAT-Kelani has introduced three new variants of high-performance radial tyres into the market, widening choice for a significant segment of vehicle owners. Joining CEAT’s ‘Orion Brawo’ range, the new radials are in the sizes 155/65 R14, 165/70
NDB Leasing announced the conclusion of its recent leasing promotion, the ‘NDB Auto Carnival’, which provided customers with an opportunity to lease their dream vehicles with ease and convenience. Held from April 04 to April 05 at the Dambulla De
David Pieris Automobiles (Private) Limited (DPA) has announced that it officially started accepting pre-bookings for the all-new BAIC X55 II SUV in Sri Lanka. Earlier this month, the first 15 customers placed a deposit to pre-order their new vehicle
Pelwatte Dairy announced the appointment of Mohamed Rizwie and Deepthie Wickramasuriya as Non-Executive Directors to its board. With over three decades of experience in Consumer/Medical marketing at Nestle, Rizwie has held senior management roles acr
Knuckles, renowned for its commitment to purity and quality, has announced the launch of its newest innovation: Knuckles Bottled Drinking Water in glass bottles. Bottled at the source in the Knuckles Mountains range, the water undergoes a meticulous
DFCC Bank has launched online acceptance of the leading card scheme, UnionPay International (UPI). The partnership between DFCC Bank, UPI and Bancstac further enhances DFCC Bank’s Internet Payment Gateway Services (IPGS). “DFCC Bank is committed
Heralding a new era for both Sri Lankan and Kuwaiti accounting professionals, the Kuwait Chapter of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is poised to catalyze professional growth and knowledge exchange opportunities for
Coca-Cola announced this week the appointment of Kaushali Kusumapala as the new Country Director for Sri Lanka and Maldives, effective from 1st April 2024. Kaushali succeeds former Country Director, Pankaj Sinha, who assumed the role in 2019. In thi
The Ministry of Environment this week called for applications for the compulsory registration of businesses and individuals who wish to import hydrofluorocarbons (HFC) based imports for 2024. Completed applications along with supporting documents are
The International Monetary Fund (IMF) announced this week that it endorsed a set of reforms that would help speed up processes in supporting the countries struggling with debt restructurings. According to the recommendations in the IMF staff paper
After years of grappling with economic challenges on the international stage, Sri Lanka is now showcasing its rapid recovery efforts this year. At the G-24 Finance Ministers and Central Bank Governors’ meeting during the IMF/WB Spring Meetings in W
Contrary to the claims that the current economic recovery could get derailed due to the parties coming short in reaching an agreement on restructuring the commercial debt, the evidence showed that the two parties have come a long way in closing the g
eChannelling and a subsidiary of SLT-Mobitel have partnered with the International Organization for Migration (IOM) Sri Lanka to provide free online appointment booking for health assessments required for migration to the UK, Australia, Canada, and N
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