Amsterdam, 28 March 2019 – More than 500 businesses in Sri Lanka and Bangladesh are being supported to report on their sustainability impacts following the launch of new guidance. GRI has provided technical input to guides produced by the Dhaka Stock Exchange (DSE) and the Colombo Stock Exchange (CSE), which they will share with all…
Recent Cabinet decisions noted that the Sri Lanka Railway presently, is undergoing a major technological transition to suit current trends of technology thus it is anticipated to develop the condition of the locomotive fleet through this endevour. As such, the proposal made by Arjuna Ranatunga, Minister of Transport & Civil Aviation to award the contract…
Recent Cabinet decisions outlined that with a view to expanding the public transportation facilities and providing a more qualitative service to the general public, the proposal made by Arjuna Ranatunga, Minister of Transport & Civil Aviation, to award the contract for the procurement of 37 new luxury buses to the Sri Lanka Transport Board (SLTB)…
Recent Cabinet decisions released to public in Sri Lanka outlines that Sri Lanka’s Cabinet of Ministers lead by President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe had approved a proposal by Rauff Hakeem, the Minister of City Planning, Water Supply and Higher Education to implement a project and enter into agreements with the Lyca Group…
The Commercial Bank of Ceylon has won two more international awards – ‘Best Internet Bank – Sri Lanka’ and ‘Best Green Bank – Sri Lanka,’ continuing a winning streak that has taken its tally of international awards in the first quarter of 2019 alone, to five. While Global Banking and Finance Review Magazine of the…
Sri Lanka’s Tourist Police Division of the Department of Police has decided to open 22 more police units throughout the island to ensure the safety of the tourists arriving in Sri Lanka and the pilot project has begun from Mirissa. According to reports already eleven tourist police units have been established around the country and…
Sri Lanka’s foreign direct investment (FDI) is set to boost this year with India’s Mahindra Group, and Ideal Motors Colombo opening their vehicle assembly plant in Horana in July, Minister of Development Strategies and International Trade Malik Samarawickrama had recently told reporters. Minister Samarawickrama had made these comments at the launch of the first…
Reuters – The Sri Lankan rupee ended stronger on Wednesday on banks’ dollar sales from inward remittances ahead of the traditional new year celebrations, market sources said. ** The currency ended 0.6 percent firmer at 176.20/40 to the dollar, up from Tuesday’s close of 177.40/60. ** The rupee has climbed 1 percent so far this…
After becoming the first company in the world to secure Uncompensated Carbon Neutral certification for its tea growing, manufacturing and marketing processes, Bogawantalawa Tea Estates PLC (BTE) is now setting its sights on even loftier environmental goals. For the producer of some of the country’s finest tea, this means a rapid migration towards official Climate…
SriLankan Airlines, one of the first carriers to fly to Tokyo’s Narita International Airport, is celebrating 35 years of flying to Narita by increasing its number of frequencies up to five per week, with Sri Lanka growing rapidly in popularity as a destination for Japanese travelers. SriLankan is the only airline to operate non-stop…
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