Nations Trust Bank PLC hosted its 22ndAnnual General Meeting (AGM) on the 31st of March, 2021 in a virtual environment. The proceedings were live streamed seamlessly via Zoom from the Head Office of Nations Trust Bank. Chairman Gihan Cooray, Director/Chief Executive Officer Priyantha Talwatte and Board Members Russell De Mel, Rachini Rajapaksa and Suran Wijesinghe…
Sri Lanka Tourism has been recognized for its innovative “Bio Bubble” concept by the International Trade Tourismus-Börse Berlin (ITB) which is one of the largest trade shows in the world. This year, the trade fair took place on a virtual platform from the 9th – 12th of March, where over 3500 exhibitors showcased their tourism…
Banking sector giant, Bank of Ceylon, ends strenuous year with undisputed leadership position, keeping spotlight on economic revival. Highest disbursement under “Saubagya” Working Capital Loan scheme – 18,589 facilities worth of LKR 39.1 billion Moratoriums provided for facilities valued at over LKR 589.4 billion Highest reported industry profit (2020) – LKR 23.6 billion (PBT) Triple…
The WindForce Limited Initial Public Offering (IPO) of Rs.3.2 Bn, the largest IPO announced at the Colombo Stock Exchange (CSE) since 2011, has attracted applications amounting to a value of Rs 25.7 Bn, demonstrating the strong appetite for IPOs among investors in the Sri Lankan stock market. The company’s IPO for 202,615,341 shares at an…
A consignment of Sinopharm (BBIBP-CorV) vaccines manufactured by China to fight against the Coronavirus pandemic were brought to the island this morning (31). The vaccines were transported from Beijing on SriLankan Airlines flight UL809, arriving at Bandaranaike International Airport. The Cargo handling of the vaccine doses by offloading and clearing on a priority basis was…
Sri Lanka Cricket has decided to call for applications for the post of Manager of Sri Lanka National Cricket Team. The Department of Human Resources of Sri Lanka Cricket has published a public advertisement in this regard. The relevant advertisement is as follows:
According to the daily exchange report of the Central Bank of Sri Lanka (CBSL), the current buying rate of the US Dollar today (31) stands at Rs. 197.62 and selling rate of the US dollar stands at Rs. 202.04. This is the first time in history that the selling rate of a US dollar has…
The Management of Pyramid Wilmar (Private) Limited (“Pyramid Wilmar”) wishes to make the following statement in response to recent media and social reports on imported coconut oil with high levels of Aflatoxin: Pyramid Wilmar is an organization that engages in ethical business, following good governance and best practices which form the core of its existence…
It was revealed at the Committee on Public Enterprises (COPE) that a former senior official of the Postgraduate Institute of Science (PGIS) affiliated to the University of Peradeniya had fraudulently obtained Rs. 50 million from fixed deposits maintained by the PGIS of the university. The Post Graduate Institute affiliated to the University of Peradeniya had…
A dinner meeting was held by the Sri Lanka – Korea Business Council of the Ceylon Chamber of Commerce on 25th March 2021 at Waters Edge. The Guest speaker was Hon (Dr) Nalaka Godahewa, State Minister of Urban Development, Coast Conservation, Waste Disposal & Community Cleanliness. Honorable Minister spoke on new developments and investment opportunities…
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