President Maithripala Sirisena on 2nd February will declare open the Footwear and Leather Fair-2018, organized for the 10th consequent year by the Sri Lanka Footwear and Leather Products Manufacturers Association ( SLFLPMA) at the Sirimavo Bandaranaike Memorial Exhibition Centre , BMICH premises, Colombo, in the presence of the distinguish gathering which include participants from India…
Australia and Sri Lanka signed a Subsidiary Arrangement for grant assistance to work together on strengthening governance in Sri Lanka, through a four-year program valued at up to AUD 31 million (LKR3,850 million). The Governance for Growth Program aims to support Sri Lanka’s efforts to increase economic growth and spread the benefits of that…
The Central Bank of Sri Lanka issued a circulation standard commemorative currency note in the denomination of Rupees 1000 to mark the 70th Independence Celebration in the country on 04.02.2018. This is the 4th commemorative note that was issued, by the Central Bank. The size, predominant color and the security features of this commemorative currency note are same…
Reuters – Sri Lankan shares notched a near three-week closing high on Tuesday led by market heavyweight John Keells Holdings, but political uncertainty ahead of a local election next month weighed on sentiment, dealers said. Sri Lanka will hold a long-delayed local government election on Feb. 10. President Maithripala Sirisena in an election rally over…
In its capacity as an influential accounting body, CA Sri Lanka, continued to take the lead in educating member bodies in the South Asian region on the implementation of the International Financial Reporting Standards (IFRS). In this endeavor, CA Sri Lanka recently organised an IFRS training programme for members of the Association of Chartered…
Sri Lanka Embassy in Oslo and the Tourism Promotion Bureau organized and coordinated Sri Lanka’s participation at the premier Nordic Tourism Fair – ‘Reiselivsmessen 2018’ held from 12th -14th January 2018. NKAR Travels, Araliya Green Hills, Union Resort, Sunway Holiday from Sri Lanka participated and represented the Sri Lanka Travel Trade. The attractive Sri Lanka pavilion drew…
The management of Navara Securities (Private) Limited, functioning as a Stock Broker at the Colombo Stock Exchange has decided to adopt the Voluntary Inactivation of Business Operations. While informing about this to its clients, Navara Securities (Private) Limited has requested tem to transfer their stock portfolios with the company to another stockbroker firm at their…
Bank of Ceylon sold its share ownership in Janashakthi Insurance PLC today (30 January). Bank of Ceylon (Bank of Ceylon – No 2 A/C) sold 10,594,286 of its shares in Janashakthi at Rs. 20.00 each. This is 1.9 per cent of its stake in Janashakthi Insurance PLC. The significant feature in this transaction is it…
With its ‘brand affluence’ product range having already become the benchmark for omni-channel banking in Sri Lanka’s financial technology sector, Colombo-based Fortunaglobal has achieved another milestone by teaming up with Ada Derana to extend the LISA AI-based bot platform to the news and entertainment industry by launching Sri Lanka’s First Trilingual AI based bot for…
Reuters – Sri Lankan shares closed little changed on Monday in dull trade as political uncertainty ahead of a local election next month weighed on the sentiment, dealers said. Sri Lanka will hold a long-delayed local government election on Feb. 10. President Maithripala Sirisena in an election rally over the weekend said he was ready…
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