The United Nations Children’s Fund (UNICEF) today rang the Opening Bell to commence trading at the Colombo Stock Exchange (CSE) in celebration of the 30th anniversary of the United Nations Convention on the Rights of the Child (UNCRC) and to mark World Children’s Day. The UNCRC, known as the international law on childhood, came into…
The Deputy Governor to Central Bank of Sri Lanka Mr. S.R. Attygalle who has been appointed as the Secretary to Ministry of finance and the Secretary to Treasury by President Gotabaya Rajapaksa assumed duties in his new post at the Ministry of Finance, Secretariat Bldg, Colombo 01 Wednesday November 20, 2019. Mr. Attygalle who is…
Sri Lanka Telecom PLC (SLT) announced its financial results for the first nine months of 2019, which again proven to be strong and impressive. The Profit After Tax (PAT) of the Group for the first nine months of 2019 reported at Rs. 5.0 Bn with a 25% YoY remarkable growth compared with the same period the…
The Hambantota International Port (HIP) entered into a partnership with the National Apprentice and Industrial Training Authority (NAITA), to provide training programmes for youth in areas adjacent to the port. The program has been developed with a view to ready trainees for possible employment in port and allied industries. NAITA is no stranger to the…
Mangala Yapa has tendered his resignation from the position of Chairman of the Board of Investment (BOI) and ceased to function as the Technical Advisor to Minister of Development Strategies and International Trade with effect from 18 November, ending a short tenure in the public service. “I resigned on my own volition. BOI chairmanship (and…
Ocean Lanka (Pvt.) Ltd., Sri Lanka’s largest weft knitted fabric manufacturer, has recently received the honor of achieving the status of system partnership with Bluesign®. Bluesign® is a Swiss holistic system that provides solutions in sustainable processing and manufacturing to industries and brands. Ocean Lanka stands out as the first evermanufacturer within the textile and…
Diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) posted consolidated revenue of Rs. 10.5 billion, resulted in a 3.0% Year-on-Year (YoY) decrease. Consolidated revenue of the Group decreased due to the sale of a majority stake in the tea plantation business represented by Hatton Plantations PLC (HPL) during the first quarter. Profit after tax…
(Reuters) – Sri Lankan shares hit their highest level in more than a year on Tuesday, while the rupee rose to a three-month peak, as former wartime defence chief Gotabaya Rajapaksa assumed his presidential duties. ** Rajapaksa assumed office as the seventh president of the island nation on Tuesday after he won elections over the…
Macquarie Group’s CEO Shemara Wikramanayake is the highest-paid chief executive in Australia – becoming the first woman to take the title position – according to The Australian Financial Review’s latest CEO pay survey. Wikramanayake topped the latest list with a reported pay of more than $18 million, according to the survey, conducted by data company OpenDirector….
Former Central Bank Deputy Governor S.R. Attygalle has been appointed as the new Secretary to the Treasury and the Ministry of Finance. S.R Attygalle has over 27 years of service in the Central Bank and prior to the appointment as a Deputy Governor, Attygalle held the position of Assistant Governor of the CBSL and has been…
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