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SLFEA Appoints JAT as a Facilitation Partner for Training Painters, to Provide Overseas Employment Opportunities

Building on the exceptional success of the JAT Pintharoo Abhiman programme, JAT Holdings PLC – Sri Lanka’s market leader in wood coatings and brushes – recently entered into a Memorandum of Cooperation (MOC) with the Sri Lanka Foreign Employment Agency (Private) Limited (SLFEA). The partnership will allow JAT and SLFEA to collaborate towards identifying qualified…

(0)Comments | March 25, 2024 1:38 pm

Strengthening Bilateral Ties: SLKBC Hosts Business Networking Evening

The Sri Lanka – Korea Business Council (SLKBC), of The Ceylon Chamber of Commerce recently hosted a networking evening for Members of the Council, diplomats, government officials and industry representatives to foster collaboration and bilateral cooperation. The Chief Guest Ambassador of the Republic of Korea to Sri Lanka Her Excellency Miyon Lee was accompanied by…

(0)Comments | March 25, 2024 1:33 pm

Hayleys Eco Solutions Unveils “ENTWINE”: holistic ESG Roadmap for 2030

Sri Lanka’s leading value-added eco-friendly coir fibre exporter charts journey towards purpose-led future Hayleys Eco Solutions, Sri Lanka’s leading traditional and value-added exporter of coconut fibre and coco peat-based products and a member of the Hayleys Group announced the launch of “Entwine”, its Environmental, Social, and Governance (ESG) Roadmap for 2030. Derived from the concept…

(0)Comments | March 25, 2024 12:31 pm

Women bear more weight in the country’s economy: BOI Director General Renuka M. Weerakoon

International Women’s Day is not just another day of celebration, it is a day of appreciation for the strength, resilience, and achievements of women across various fields, and on this day celebrating the achievements of women globally, the Sri Lanka Board of Investment Director General said that women in this country are making an incredible…

(0)Comments | March 25, 2024 11:49 am

Asia-Pacific Banks Not Feeling the Heat from Final Basel Rules

Fitch Ratings – The majority of APAC banking jurisdictions are set to take the latest global iteration of Basel capital standards in their stride, says Fitch Ratings. Banking groups in most APAC markets have been able to absorb the moderate increases in capital requirements required under the final Basel III standards, due to prevailing conservative…

(0)Comments | March 25, 2024 11:16 am

Ceylon Chamber of Commerce Celebrates 185 Years of Service to Sri Lanka’s Private Sector

The Ceylon Chamber of Commerce, the premier representative of Sri Lanka’s private sector, proudly marks its 185th anniversary today (March 25). Established in 1839, initially to cater to the needs of the plantation industry, primarily rubber and coconut, it has evolved into an institution representing a wide sector of industry and commerce. Today, boasting a…

(0)Comments | March 25, 2024 11:14 am

New Economic Reforms Vital for Country’s Economic Recovery

Youth Empowered to Determine the Path Forward for a Brighter Future While Certain Politicians Contemplate Personal Ambitions, My Dedication Stays Firmly Anchored to the Nation – Says the President in a Cordial Encounter with the ‘United Youth Union’. President Ranil Wickremesinghe emphasizes the necessity of a new economic reform program for the country’s economic recovery….

(0)Comments | March 25, 2024 11:13 am

Union Bank appoints Dinesh Weerakkody to the Board

The Board of Directors of Union Bank of Colombo PLC announced the appointment of Mr. Dinesh Weerakkody a distinguished banker and financial advisor with vast experience as an Independent Non-executive Director, with effect from 01 April 2024. Mr. Dinesh Weerakkody is a former Chairman of Hatton National Bank PLC and Commercial Bank of Ceylon PLC…

(0)Comments | March 23, 2024 12:24 pm

Japanese Ambassador Assures Japan’s Support for Sri Lanka’s Economic Development Efforts

Commends Anti-Corruption Measures. The Japanese Ambassador to Sri Lanka H.E. MIZUKOSHI Hideaki, expressed Japan’s support for the current program aimed at rebuilding the Sri Lankan economy. Drawing parallels between Japan’s historical journey and Sri Lanka’s current economic challenges, the Ambassador highlighted Japan’s resilience and economic resurgence as a model for Sri Lanka. These remarks were…

(0)Comments | March 22, 2024 6:14 pm

NDB Conducts Investor Earnings Call on its Financial Results for FY 2023

National Development Bank PLC recently conducted its quarterly Investor Earnings Call on March 20, 2024, following the release of its financial results for the financial year ended 31 December 2023. Led by Mr. Kelum Edirisinghe, the Director and Chief Executive Officer of NDB Bank, along with the bank’s senior management team, the virtual event was…

(0)Comments | March 22, 2024 1:32 pm