Thomas Cook (India) Ltd., India’s leading integrated travel and travel related financial services company, hosted an exclusive corporate event in collaboration with Sri Lanka Convention Bureau and SriLankan Airlines to harness the significant demand for MICE travel to Sri Lanka, across mid and large Indian corporates and SMEs. According to data from the Sri Lanka…
President of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) Mr. Lasantha Wickremasinghe recently underscored the importance for companies to ‘redefine, re-strategize and modify ’ their business models which, according to him, will not only help ensure the long term success and sustenance of organisations, but will also contribute towards achieving the…
The Sri Lankan multinational Haycarb PLC reported revenue of Rs. 2.9 billion and profit before tax of Rs. 245 million for the first quarter of 2016/17. The profit after tax stood at Rs. 203 million. The turnover increased marginally, while the profit before tax and after tax recorded a growth of 12% and 7% respectively…
Reuters – Aug 3 Sri Lankan shares notched up a fifth session of gains to close at their highest in more than seven weeks on Wednesday, on hopes that economic fundamentals would improve after the central bank’s rate hike last week, analysts said. The benchmark Colombo stock index ended up 0.13 percent at 6,511.58, its…
Over 150 internationally reputed pharmaceutical and medical companies from 10 countries will come together to showcase state-of-the-art Analytical, Scientific, and Biotechnology related instruments at the Sri Lanka Lab and Medical Expo. Serving as a platform for over 500 brands, the landmark event will also serve as an unprecedented hub for networking and knowledge sharing, drawing…
The official representative for Omega watches in Sri Lanka, Chatham Luxury, hosted a gala dinner for the Sri Lankan Olympic team and contingent members on 21st July 2016, as they enter the final stages of preparation before flying to Rio, Brazil, for the 2016 Olympics. Omega is the Official Timekeeper of the 2016 Olympic Games….
Dr Sarath Amunugama, Minister for Special Assignments presented a copy of his book “The Lion’s Roar” to President Maithripala Sirisena this week. The book is a biography of the illustrious life of Anagarika Dharmapala, the only Sri Lankan to have stamps issued in his honour in both Sri Lanka and India. Publisher Vijitha Yapa was…
It is time that the high performing Sri Lankan corporate sector to be featured in global market classifications. In this light, Sri Lanka is proud to be part of the 23 country frontier country market group announced this June by a leading global financial services firm, according the Minister of Industry and Commerce of Sri…
SEOUL, South Korea — South Korea on Tuesday stripped Volkswagen of its right to sell 80 models in the country, part of the global fallout from the carmaker’s emission deception. While a relatively small market for the automaker, South Korea has been aggressive in its push to punish Volkswagen. In the face of widening public…
The Indonesian government welcomed Sri Lankan Prime Minister Ranil Wickramasinghe to discuss possible bilateral cooperation in the transportation sector. President Joko “Jokowi” Widodo said that Indonesia has a chance to tap into Sri Lankan domestic market. “We were asked by Prime Minister Ranil to pay special attention to Indonesian products, specifically trains,” Jokowi said on…
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