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In terms of the provisions of the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA), the Financial Intelligence Unit (FIU) of Sri Lanka entered into a Memorandum of Understanding (MOU) with Sri Lanka Police on December 13, at the Central Bank of Sri Lanka to share information, intelligence in order to facilitate investigations and prosecutions on money laundering, terrorist financing and other related offences.
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Targeting 80 percent of the retail business including the traditional and popular ‘Sillara Kade’ boutique, CH17 in collaboration with 99RetailStreet (Brand name of Aequm PTE Ltd, a Singapore based entity that enables small retailers in Sri Lanka to compete with modern trade) is bringing customer loyalty to the SME segment, both in FMCG and pharmaceutical sector.
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The IESL-UTE Engineering Raspberry Pi Challenge 2017, organised by UTE Engineering division of United Tractor and Equipment (Pvt.) Ltd, Sri Lanka’s leading engineering solution’s company and the Institution of Engineers Sri Lanka, (IESL), the nation’s apex body for professional engineers, concluded recently showcasing thriving talent of local undergraduates and school students.
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CICRA Group Director/CEO Boshan Dayaratne conducted a half-a-day session on cyber security for the public-sector key employees during a forum organised by National Human Resource Development Council (NHRDC) recently in Colombo.
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The annual event featured IFS speakers from across the MEASA region (Middle East, Africa, and South Asia) who came together to discuss and share knowledge about the market dynamics, opportunities and regional collaboration in the MEASA region.
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Truecaller, the world’s most used Caller ID and Spam Detection app, recently announced some revealing stats on spam and scam calls in Sri Lanka. Unwanted spam calls are on the rise around the globe, and the situation is no different in Sri Lanka. The recently published Truecaller Insights: ‘Top Spammers in Sri Lanka in 2017’ report reveals that in Sri Lanka there is a 92 percent increase in spam calls between January to December
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The tourism industry and its evolution originally started in European countries. Nationally and internationally, tourism originated by travelling one destination to another. People travelled around their own and neighbouring countries at the beginning.
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Following is the speech made by Securities and Exchange Commission (SEC) Chairman Thilak Karunaratne at the launch of CA Sri Lanka’s ‘Code of Best Practice on Corporate Governance 2017’ that took place in Colombo, recently.
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The Commercial Bank of Ceylon is teeing off with the 128-year-old Nuwara Eliya Golf Club (NEGC) for a milestone partnership that will see the latter’s members enjoying the benefits of a co-branded World Mastercard credit card, a first for the
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As part of its CSR focus towards children, Amana Bank has made another contribution to the Children’s Ward (15B) of the Colombo South (Kalubowila) General Hospital by donating brand new ceiling fans to replace those that have worn-out.
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Being at the forefront of corporate reporting, Mercantile Investments and Finance PLC (MI) clinched the ‘All Island Silver’ award in Best Corporate Social Responsibility Reporting at the recently held CA Annual Report Awards Ceremony at BMICH, where Prime Minister Ranil Wickremesinghe graced the event as Chief Guest.