The Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKI), Sri Lanka’s leading foreign policy think tank, recently signed a Memorandum of Understanding with the MJF Group, the group of companies that manufactures, exports, and markets the Dilmah brand. The MoU establishes a 3-year partnership between the MJF Group and LKI, to support LKI’s…
Newly Appointed State Minister of Finance Eran Wickremeratne assumed duties this morning (1st June) at the Finance Ministry. Secretary to the Ministry R.H.S. Samaratunghe also participated on this occasion.
Ongoing economic reforms in Sri Lanka have excited Indian corporate investors, amongst them India’s biggest player in their domestic LNG gas sector who is bidding to enter the Lankan market to supply the new, green LNG -and also to revolutionise the present LNG supply system here as well. “Ongoing economic reforms in Sri Lanka have…
Sustaining its unblemished track record, LOLC Group concluded an excellent year sealed by its strongest financial performance to date. For the year ended 31st March 2017, the Group recorded PBT of 24.4Bn and PAT of Rs. 20.9Bn, an increase of 106% and 124% respectively, compared to the previous year. The consolidated gross income grew by…
MTI Consulting, the internationally accomplished boutique strategy consultancy, has announced its acquisition of a strategic equity stake in The Carbon Consulting Company – Sri Lanka’s pioneering provider of integrated sustainability solutions. (www.carbonconsultingcompany.com/) Founded by Eswaran Brothers, The Rainco Group and The Munasinghe Institute of Development ( MIND ), Carbon Consulting has rapidly gained a…
Sunshine Holdings PLC posted consolidated revenues of Rs. 19.2 billion for the 2016/17 financial year (FY16/17), up 10.3% Year-on-Year (YoY) leading to an improved Profit After Tax (PAT) of Rs. 1.6 billion, reflecting a 33.1% YoY improvement over the previous financial year. Profitability was bolstered by drastic improvements in the Group’s Agri-business which recorded a…
Reuters – Sri Lankan shares rose on Wednesday, recovering from a more than three-week closing low hit in the previous session and snapping three straight sessions of falls, though floods and landslides that killed over 200 people weighed on sentiment. The extent of the damage is yet to be assessed, with the country’s main agricultural…
The world’s No 1 Guru in Service, the frontrunner in marketing and spearhead of pioneering thought cultures that have transformed and revolutionized an element of marketing, Ron Kauffman, will be in Sri Lanka on the 18th and 19th of July at the invitation of the Sri Lanka Institute of Marketing (SLIM). To impart his knowledge…
IFC, a member of the World Bank Group, signed a Memorandum of Understanding (MoU) with the Central Bank of Sri Lanka (CBSL) to enhance and develop environmental and social risk management and sustainable financing practices for Sri Lanka’s financial sector, an important step in IFC’s global efforts to promote sustainable finance. As a new member of…
Mr. Sanjay Wijemanne, the former Head of Retail Banking at Standard Chartered Bank Sri Lanka, will join Fairway Holdings’ as Group Director of Sales and Marketing. With his appointment, Fairway Holdings will strengthen its core management team as well as take the Group’s Sales and Marketing functions to a new dimension. Mr. Wijemanne, a…
Video Story
