Renowned tea exporter Rohan Fernando has been appointed as the new chairman of Sri Lanka Telecom PLC (SLT). Fernando replaces P. G. Kumarasinghe Sirisena, who served as Chairman of SLT from 2015 to the beginning of this month. Rohan Fernando has over 40 years of experience in the tea industry and has been involved in developing,…
Mr. Viraj Dayaratne PC, assumed duties as the Chairman of the Securities and Exchange Commission of Sri Lanka (SEC) Wednesday, 22nd of January 2020. Mr. Dayaratne PC, had his education at the S. Thomas’ Preparatory School, Kollupitiya and at S. Thomas’ College, Mount Lavinia. He entered the Sri Lanka Law College in 1989 and was…
The Board of Investment of Sri Lanka signed an Agreement with Knitline Apparels Ltd to set up a manufacturing plant. Knitline Apparels will be setting up a high tech garment factory specialized in the manufacturing of flat knit fashion apparel. Under this Agreement signed recently the Company will manufacture knitwear such as pullovers, dresses, sweaters…
Headline inflation as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100) increased to 6.2 per cent in December 2019 from 4.1 per cent in November 2019. This was driven by monthly increase of prices of items in the Food category along with the statistical effect of the low base prevailed in…
After repeated delays in the past years, Sri Lanka will finally roll out its first structured promotional campaign to uplift the tourism industry, Kimarli Fernando, Chairperson of Sri Lanka Tourism Development Authority said. “We as a government will be going ahead with various promotional campaigns which have been delayed for 4 – 5 years. Going…
Additional Solicitor General Viraj Dayaratne PC has been appointed as the new Chairman of the Securities and Exchange Commission of Sri Lanka (SEC). He takes over from Mr. A. R. Deshapriya, the Deputy Secretary to the Treasury who was appointed as Acting Chairman of the SEC on December 03, 2019. President’s Counsel Viraj Dayaratne is…
SriLankan Airlines will resume services to Paris and Frankfurt in the near future, State Minister of Tourism Promotion Affairs and Aviation, Arundika Fernando said. “We started our discussion with the Civil Aviation Sector to restart at least two flights from Germany and one of the destinations in Europe,” Fernando said whilst addressing a media conference…
The Central Bank of Sri Lanka (CBSL) notes that out of the six forensic audits initiated, five forensic audits have been completed so far at a cost of Rs.275 million (approximately), contrary to various amounts stated in the media. Accordingly, CBSL wishes to make the following clarifications:- a)The Monetary Board, in consultation with the Auditor…
The French and Belgian Media delegation successfully completes their familiarization tour in Sri Lanka; an initiative of Mr. Chandra Wickramasinghe, the Chairman and Managing Director of Connaissance de Ceylan and Theme Resorts & Spas, organized in collaboration with Salaün Holidays (https://www.salaun-holidays.com/), a leading tour operator in France. Under the guidance of Mr. Chandra Wickramasinghe, the…
The Star – A new respiratory illness identified in central China is emerging as a growing international concern after it killed at least three people and infected more than 200 others, with cases spreading in Asia. In Wuhan — one of the country’s largest cities and a hub for industry and technology — the yet-to-be-officially-named coronavirus caused…
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