Sri Lanka’s budget is due next week and usually before that these kinds of reports come, said S Ravikumar, President of Business Development and Assurance, Bajaj Auto. Bajaj Auto stock is under pressure on back of reports that suggest Sri Lanka will restrict import of 3-wheeler taxis and the company is one of the primary…
Allianz Life Insurance Lanka, in a bid to provide their customers with greater convenience, recently launched their automated underwriting platform ‘AUSYS’. The development of the platform is the result of the company’s renewal agenda which focuses efforts to adopt disruptive technology in order to reduce the turnaround time of life insurance applications and provide true…
President Maithripala Sirisena vested the new NIBM- Limkokwing National Innovation Centre in Kirulapone with the students, Friday (20th Oct.). The National Innovation Centre is a result of a strategic partnership agreement between the National Institute of Business Management (NIBM) and Limkokwing University of Creative Technology. The National Innovation Centre aims to provide an empowering business…
Managing Director of Port City Colombo (Pvt.) Ltd, Jiang Houliang, speaking at the 11th Annual General Meeting of the Institute of Environmental Professionals Sri Lanka, said that Port City Colombo’s vision is to be the benchmark in environmental friendliness and sustainability. He said that the new city which will be a show piece for the…
Representatives of the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) were recently hosted by NASDAQ at NASDAQ MarketSite – the commercial marketing presence of the NASDAQ stock market and the location for Market Bell Ceremonies at New York’s Times Square. The visit was conducted on the sidelines of…
~ A new employability and skills development project to tackle youth unemployment With the support of the United States Agency for International Development (USAID), a coalition of partners from the Government of Sri Lanka, the private sector, non-profit organizations, think tanks, and academic institutions launched an initiative to increase the employability of Sri Lankan youth….
Prime Minster Ranil Wickremesinghe yesterday (19th Oct.) opened the Sri Lanka’s first ‘Passive House’ model factory building at Export Promotion Zone in Katunayake and made an observation visit.
Perceived Economic Opportunity PEO: July, 2017 This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a sample of 400 men and women in July 2017 covering all districts in Sri Lanka on their expectations of economic prospects in the ensuing twelve months. Status Of…
Reuters – Sri Lankan shares ended down for a third straight session on Thursday to hit near a one-week low, led by banking stocks while block deals boosted the turnover, brokers said. The Colombo stock index ended 0.25 percent weaker at 6,555.46, its lowest close since Oct. 10. The stock, bond, and foreign exchange markets…
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the Business Recovery and Insolvency Practitioners’ Association of Sri Lanka (BRIPASL) has joined hands to help build capacity for corporate insolvency services within the country. A Memorandum of Understanding (MoU) signed recently by CA Sri Lanka’s President Mr. Lasantha Wickremasinghe and BRIPASL…
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