Sampath Bank PLC announced the elevation of Rushanka Silva as Deputy Chairman (Non-Independent, Non-Executive Director) and Deshal De Mel as Senior Independent Director with immediate effect. The Bank also announced the appointment of Keshini Jayawardena as Non-Executive, Independent Director with effect from 01 October 2020. The Bank continues to serve as a champion of gender diversity with leading women from different sectors accounting for around 30% of its Board for more…
The Beijing Swift – By Prof. Samitha Hettige © A Belt and Road International Art Project Exhibition concluded on the 25th of September. The project was initiated in 2015 to promote networking among the global Belt and Road artists. Sri Lanka has been a partner of the Belt and Road long before the United States…
State Minister for Finance, Capital Market and State Enterprise Reforms Ajith Nivard Cabraal recently stated that Lankan rupee will appreciate once the inflow begins from the SWAP deals. The State Minister was responding to a question raised by SJB MP Dr. Harsha de Silva in parliament, on SWAP arrangements. I would like to know as to who…
JK Land (Private) Limited (JK Land) a fully owned subsidiary of JKH, has acquired a further 26.7% equity stake in Vauxhall Land Development ( Private) Limited (VLDL), and existing subsidiary of JK Land, which owns a 9.38- acre plot of prime land on Vauxhall, street, Colombo, from Finlays Colombo Limited (FCL) for a consideration of…
Two of Australia’s most beloved rituals have been combined in one ground-breaking beer thanks to Port Adelaide Pirate Life Brewing and family tea company Dilmah. The Australian-first collaboration has produced Tea and Biccies Brown Ale, combining the deliciousness of fresh beer with the refreshing taste & natural goodness of Sri Lankan black tea. “We are…
The BOI’s Horana Export Processing Zone Ceremonially opened the new administrative building recently. A total cost of Rs.46 million was spent to construct this fully furnished building. Sanjaya Mohottala, Director General of the Board of Investment was the Chief Guest at this occasion. The event was attended by a large number of investors, Government officials, and the Senior…
The Spice Route Foundation and the Ministry of Education and Culture of the Republic of Indonesia hosted the 2nd International Forum on Spice Route (IFSR) : Celebrating Diversity and Intercultural Understanding through “Spice Route” virtually from 21 – 22 September 2020 in Jakarta, Indonesia. This international forum aims to broaden the opportunities for cross-border and cross-cultural…
New market for exporters International trade agreements to be reviewed National Trade Policy to be revised After a lapse of 28 years the Export Development Council (EDC) was convened under the patronage of President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa. The Export Development Council was set up under Export Development Act in 1979 with…
Sri Lanka@100, a private sector-led initiative focused on the growth of mid-market enterprises – funded by the U.S. Government’s international development agency, USAID, and administered by Stax – was launched on today (Thursday 24th) at the Galle Face Hotel. Gracing the occasion were her Excellency, Alaina B. Teplitz, U.S. Ambassador to Sri Lanka and the…
The Sri Lanka Association of Software Service Companies (SLASSCOM) has entered into a Memorandum of Understanding (MOU) with the National Chamber of Commerce of Sri Lanka (NCCSL) to facilitate the promotion of the NCCSL initiative, an online platform known as ‘fromsrilanka.com’, among SLASSCOM member companies. SLASSCOM members will have the opportunity to feature their products…
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