The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently paid tribute to three distinguished chartered accountants by inducting them to the Hall of Fame in recognition of their significant contribution made towards the development of the accounting profession, the business world and society. CA Sri Lanka bestowed the Hall of Fame honour…
The selling rate of a US dollar exceeded the Rs. 144 mark today for the first time in Sri Lankan history. According to the daily exchange report of the Central Bank of Sri Lanka (CBSL), the selling rate of a US dollar stood at Rs. 144.17 today. However, when adaderanabiz.lk inquired from a representative of…
The University of Sri Jayewardenepura (USJP) has become the latest university to be accepted into the CFA Institute University Recognition Program. The CFA Institute acknowledges the USJP’s Bachelor of Science special degree program in Finance as incorporating at least 70% of the CFA Program Candidate Body of Knowledge (CBOK) and placing emphasis on the CFA…
The Federal Minister for Commerce of the Islamic Republic of Pakistan Engr. Khurram Dastgir Khan called on Sri Lankan Prime Minister Hon. Ranil Wickramasinghe at Temple Trees, 10th November 2015. The Minister was accompanied by High Commissioner of Pakistan in Sri Lanka Maj Gen (R) Syed Shakeel Hussain and a high level official delegation. The…
Pathfinder Foundation’s Executive Director Lakshman Siriwardene airs his views on the upcoming Budget during this interview with Derana Biz 24X7:
People’s Bank branches and service centers recently commemorated Deepavali in areas such as the North, East and Vanni as well as cities like Kandy, Rathnapura, Galle, Nuwara Eliya, Puttalam and Colombo by remaining open for transactions. Furthermore, many of the branches also held special Deepavali celebrations in commemoration of the festival of lights across the…
The Meeting held between Tea Exporters Association, Planters Association and Sri Lanka Private Tea Factory Owners Association The Ex-Co of the Tea Exporters Association (TEA) convened a meeting with the Tea Producers sector stakeholders last week (28-10-2015) to discuss the current tea market situation. The Planters Association (PA), led by Chairman Mr. Roshan Rajadurai and…
Colombo stock market started weekly operations with a lackluster trading session where benchmark index witnessed losses to snap the three day winning streak. All share index shed 9.27 index points (-0.13%) to close at 7,050.21 while 20-scrip S&P index declined by 0.07% (-2.65 index points) to close at 3,821.97. Price declines in blue-chips such as…
Upul Daranagama, the chairman of the Horizon International University and International School discusses with adaderanaBIZ 24×7 on how the huge funds draining out of Sri Lanka for foreign education activities and other relevant matters:
The government has launched a programme for the revival of the small-scale tea, rubber growing sector through financial assistance from the International Fund for Agricultural Development (IFAD). Under this programme, assistance is to be provided to enhance the productivity of 5,500 hectares of existing tea plantations in the districts of Matara, Galle, Ratnapura, Badulla and…
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