Co-Cabinet Spokesman, Minister Udaya Gammanpila said that the Ports Authority could raise funds for the development of the Colombo Port East Jetty through local sources or through the stock market. This was revealed by the Minister at a media briefing held yesterday (09). Minister Udaya Gammanpila further stated that patriotic Sri Lankans can be invited…
JAT Holdings, Sri Lanka’s trusted leader of material required to the Construction and Furnishing Industry, announced the appointment of two renowned industry professionals, Mr. Devaka Cooray and Mrs. Priyanthi Pieris, to its already elite Board of Directors. This appointment further strengthens the balance of the JAT Board by increasing the ratio of independent Directors to…
The 49th country in which MTI has carried out an assignment MTI Consulting has won their first project in Rwanda – a competitive tender for a nationally strategic consulting project, in joint alliance with Nambiar Associates. Rwanda is the 49th country in which MTI has carried out an assignment, since its inception in 1997. Meanwhile, MTI Consulting…
Extends over LKR 300.0 billion in credit facilities – accounting for close to one third of total industry credit extended on a net basis Offers COVID-19 relief to over 460,000 individual customers – the largest for any financial services Group – and over 21,000 businesses Over 70% branches kept functioning even during peak of first…
The Advocata Institute’s Panel discussion on “Gender discriminatory labour laws in Sri Lanka” took place at the Taj Samudra, Longdon Room on the 5th of March 2021. Panelists at the discussion were, Hon. M.U.M. Ali Sabry MP (Minister of Justice), Madhavie Gunawardena (Former Commissioner of Labour, Women and Children Affairs, Department of Labour), Malsirini De…
The Ceylon Chamber of Commerce had the privilege of having Professor Asita de Silva, Chairman of the National Medicines Regulatory Authority as the guest speaker at its monthly Committee Meeting held 25 February 2020. According to Professor de Silva, the primary objective of vaccination is to prevent death and to reduce severe disease. Healthcare workers, elderly and…
Bandula Gunawardana, Minister of Trade urged the whole stakeholders to actively engage in assisting all exporters of the country in every possible manner during this turbulent period enabling exporters to strengthen our economy. After observing the export performance of the month of January, he further stated that it is encouraging to see important export sectors…
Raigam Wayamba Salterns PLC started its journey in 2005 as a BOI company engaged in the manufacture, refining, packeting and marketing of salt products. By the time Raigam entered this trade, despite the fact that Sri Lanka was surrounded with sea and blessed with best weather conditions for manufacture of salt, unfortunately the country was…
Sri Lanka has a long established history of using fibre cement roofing sheets, namely chrysotile roofing sheets which are otherwise referred to as white asbestos. Being the choice of construction giants across the local industry, chrysotile has maintained a presence of over 60 years in Sri Lanka. The reason for the success…
The Colombo Stock Exchange had been in discussions with the Stock brokering community with regards to the concerns they expressed pertaining to practical challenges in complying with Regulatory Measures on Monitoring Credit Exposure Undertaken by Stockbrokers/Dealers. Following discussions held today between the Stock brokering community, The Colombo Stock Exchange and The Securities and Exchange Commission…
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