~ Sri Lanka’s only sustainable oceanic fish farm receives prestigious designation Sustainable oceanic fish farm Oceanpick (Pvt) Ltd., has been awarded the Best Aquaculture Practices (BAP) certification, making Sri Lanka a pioneer in South Asia -and only the 34th country in the world- with a BAP-certified facility. Oceanpick is South Asia’s first ever commercial-scale offshore…
Government of Pakistan is considering to establish a world-class high-tech university in Sri Lanka under the patronage of COMSATS and the modalities are being discussed with concerned authorities, Pakistan’s High Commissioner to Sri Lanka Maj. Gen. (R) Dr. Shahid Ahmad Hashmat had told reporters at a function held in Colombo. Reports said that the…
NUWARA ELIYA, Sri Lanka (Thomson Reuters Foundation) – Plantations in Sri Lanka that supply tea stamped slavery-free to top global companies are under investigation by ethical label groups after an expose found illegal wage deductions that have left some workers ill and unable to afford healthcare. An investigation by the Thomson Reuters Foundation found some…
Reuters – Sri Lankan shares closed at their lowest in more than six years on Tuesday, ending weaker for a seventh straight session, dragged down by telecommunication and banking stocks. ** The market awaits for some positive news from the third and final vote on the 2019 budget scheduled for April 5, market sources said….
Against the backdrop of the 7th March 2019 CSE event “RING THE BELL FOR GENDER EQUALITY” to commemorate International Women’s Day (on 8th March), Ranel Wijesinha, Chairman of the Securities and Exchange Commission of Sri Lanka (SEC), shared the following, on the role that the SEC Sri Lanka has played and will play, to encourage…
The 3rd Edition of the Maldivian ‘GOLD 100’ Business Awards was recently held at Paradise Island Resort, with the Chairman of the Colombo Stock Exchange (CSE) Mr. Ray Abeywardena gracing the occasion as the Chief Guest of the event. The GOLD 100 GALA is an invitation-only networking event and was attended by over 200 leading…
Reuters – Sri Lankan shares ended lower for a sixth straight session on Monday, posting their lowest close in more than six years, dragged down by diversified shares such as conglomerate John Keells Holdings Plc. ** The market awaits cues from the third and final vote on the 2019 budget scheduled for April 5, market…
SriLankan Airlines flight UL504 from London to Colombo on 24th/25th March was diverted to Bucharest, Romania, due to a passenger’s medical emergency. In keeping with SriLankan’s corporate policy of placing the safety of every single passenger above all else, the captain took the decision to divert to the nearest airport and alerted airport authorities at…
The Central Bank of Sri Lanka will open a Counter at the ground floor of the Central Bank Head Office Building, No.30, Janadhipathi Mawatha, Colombo 01 on 27 March 2019, to issue coins to the general public. This counter will be opened for the public from 9.00 a.m. to 11.00 a.m. on every Wednesday and…
A special market opening ceremony was held at the Colombo Stock Exchange (CSE) today in recognition of the Ceylon Chamber of Commerce cerebrating 180 years. The Ceylon Chamber of Commerce (CCC) was founded on 25 March 1839, for the purpose of best promoting the interests of commerce. This was among the very first group of…
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