The Colombo Stock Exchange announces the launch of ‘Communicating Sustainability: Six Recommendations for Listed Companies’, a publication launched with the objective of assisting listed companies to address environmental, social and governance (ESG) factors in their capital market communication. The publication consolidates current practices of investors and issuers and offers key insights into strategies that could…
With the objective of gaining fresh insights and greater value, Sri Lanka’s dynamic and innovative life insurer Softlogic Life has announced a strategic partnership with SCOR and Toa Re, two of the largest Reinsurance companies in the world. The high-level agreement, which transitions Softlogic Life’s health portfolio to SCOR and Toa Re, will bring fresh…
Dialog Axiata PLC, Sri Lanka’s premier connectivity provider and the exclusive partner network for Samsung in Sri Lanka, announced the launch of the Samsung Galaxy S9 and S9 Plus along with pre-order facilities. As the only network that supports 4G VoLTE (Voice over Long-Term Evolution), Dialog offers the ultimate user experience for customers through network…
Reuters – Sri Lankan shares fell on Wednesday from their highest close in nearly two weeks hit in the previous session, as selling by foreign investors weighed on sentiment, brokers said. Foreign investors sold a net 183.3 million rupees ($1.18 million) worth of shares, but they have been net buyers of 7.1 billion rupees worth…
President Maithripala Sirisena, who is on a state visit to Japan, made an observation tour of modern waste management centre in Shinagawa in Tokyo, today (14). The city of Tokyo over 9.3 million people produces 11,000 metric tonnes of waste daily and there are 23 centres for the purpose of waste management. The waste management…
An Investment Forum was held at the Imperial Hotel in Tokyo, on Tuesday (13) under the patronage of Sri Lankan President Maithripala Sirisena, who is on an official visit to Japan, to take Sri Lanka- Japan partnership to new heights as well as to bring more Japanese investments. Investors and entrepreneurs from both countries attended…
Corporates play it safe as biz sentiment consolidates ahead of the recent elections Much of this year to date has been spent anticipating the outcome of the local government (LG) polls, analysing the shock result in the wee hours of 11 February, and then the possible impact of political and economic aftershocks… as our politicians…
Reuters – Sri Lankan shares rose slightly on Tuesday and posted their highest close in nearly two weeks as investors picked up beverage and telecom stocks, and foreign investors returned to the market following a communal violence last week, dealers said. Foreign investors bought a net 1.2 billion rupees ($7.71 million) worth of shares, extending…
The Board of Investment of Sri Lanka says that the Koggala Export Processing Zone Contributed US$122 million worth of exports earnings in 2017. A press Release issued by the BOI Further Says that currently 23 enterprises are located at the Zone, and the main sectors represented the manufacture of garments, plastic figures and footwear, aircraft…
The Chamber of Young Lankan Entrepreneurs (COYLE) announced the appointment of Dinuk Hettiarachchi as its new Chairman, following its 19th Anniversary Celebrations held on Saturday 10th March at the Ballroom of Shangri-La Hotel, Colombo. Dinuk is the Managing Partner of Nihal Hettiarachchi & Co., a leading Auditing and Accounting firm in Sri Lanka. He is…
Video Story
