What has to be done immediately if to increase the tourist arrivals to Sri Lanka from the current two million to four million arrivals is to increase the number of budget airlines into Sri Lanka, said Sri Lanka’s topmost entrepreneur Dhammika Perera while addressing the ‘Evening With a Corporate Leader’ event organized by the Colombo…
The two-day Technical Group Meeting of the G- 24 countries will be inaugurated by Finance and Mass Media Minister Mangala Samaraweera at 9.00 am on February 27, at the BMICH.Over 45 delegates consisting of Secretaries of the Finance Ministry and Governors of the Central Bank or their representatives at very senior level from member countries,…
SriLankan Airlines regrets the continuing delays and congestion at Colombo Airport. Due to a combination of unforeseen events, including a bird strike which damaged an aircraft in Cochin, our valued customers have been subjected to great inconvenience and delayed flights. We request all our passengers to check in for their flights online, to contact our…
Registering steady double digit growth in premiums through FY 2017, Janashakthi Insurance PLC (Janashakthi) posted a consolidated Gross Written Premium (GWP) of Rs. 15.115 billion for the twelve months ended 31st December 2017, a commendable year on year (YoY) growth of 11%. The Non-Life or General Insurance business grew by 14% to end the year…
Sri Lanka Ports Authority (SLPA) was awarded the Ports Authority of the Year 2018 Award by the Global Ports Forum (GPF). The fourth GPF awards ceremony, followed by the conference forum, was held last week at the Grand Hyatt Hotel in Dubai in the United Arab Emirates. SLPA Marketing and Business Development Chief Manager Upul…
Allianz announced today (26) that the company has completed its acquisition of Janashakthi General Insurance Limited, after receiving all the necessary regulatory approvals. This transaction brings together two highly complementary businesses for enhanced scale, competitiveness and service capabilities, while positioning Allianz as one of Sri Lanka’s largest general insurers and significantly accelerating its growth agenda…
• Gross income surges to Rs 115.6 billion • Pays Rs. 11.5 billion or 41% of profit as taxes to government • 12-month loan book growth over Rs 100 billion for third consecutive year • 12-month deposit growth more than Rs 100 billion for second consecutive year The Commercial Bank of Ceylon PLC has posted…
The World Bank praises the public health service in Sri Lanka by saying that There are few if any other low or middle-income countries that have public health service like in Sri Lanka, simultaneously achieved strong health outcomes, good financial protection and low cost. In a publication of the World Bank on universal health care…
The records of external earnings also pointed out that with the increase in average export prices and volumes, earnings from tea increased in December 2017, favorably impacting agricultural exports. Earnings from seafood and minor agricultural products, particularly fruits and betel leaves, also contributed towards enhanced export earnings. “On a cumulative basis, export earnings recorded the…
The Ceylon Petroleum Corporation (CPC) wishes to notify the general public that fabricated reports are currently being circulated on various communication platforms, of a possible fuel shortage in the country. CPC firmly reassures the fuel supply across Sri Lanka, is taking place without any hindrance to operations. CPC requests the public to disregard these malicious reports, which are…
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