The Retail Leadership Excellence Program that drew to a successful finish on 24th May 2017 was the very first retail learning workshop that was organized by SLRA. This workshop saw more than 40 executive and middle level employees learning of managing retail business effectively, developing leadership skills, effective communication, operational excellence, customer care skills development…
Reuters – Sri Lankan shares on Tuesday hit their lowest close in more than five weeks due to profit-booking in blue chips, although foreign investors actively bought into the island nation’s risky assets. Foreign investors were net buyers of 389.9 million rupees worth of shares, extending the year-to-date net foreign inflow to 20.7 billion rupees….
UNICEF to spend over USD 50 million on kids in Sri Lanka in the next four years. UNICEF headquarters in NY deputy minister of National Policy and Economic Affairs, Dr. Harsha de Silva discussed with the South Asian and Sri Lankan team led by Tim Sutton and agreed on the proposed 2018-2022 program for Sri…
The Board of Investment of Sri Lanka (BOI) in collaboration with the Ministry of Strategic Development and International Trade, Kandy District Secretariat, and the Export Development Board organized the third Job Fair at St Sylvester College, Kandy recently. The previous Job fairs were held at Kurunegala and Avissawella. A total number 40 BOI…
IFC, a member of the World Bank Group, and Sri Lanka’s Commercial Bank of Ceylon PLC entered into an Interest-Rate Swap Arrangement for a notional amount of $15 million. The swap facility allows Commercial Bank to actively manage interest-rate risk related to its assets and liabilities. It also enables the bank to better serve customers…
Commemorates World Milk Day with milk chilling centre in Seeppukulama Milk farmers in the North-Central village of Seeppukulama will benefit from a milk chilling centre upgraded by Nestlé, offering them increased opportunities to sell their milk to the company. Nestlé is currently the largest private sector collector of milk in the country. Its payment…
Sri Lankan Embassy in Ha Noi organized a Ceylon Cinnamon and Ceylon Tea promotional event with the support of Dilma Tea on 1st June at the official residence of Ambassador of Sri Lanka to Viet Nam, Hasanthi Urugodawatte Dissanayake.
Reuters – Sri Lankan shares on Monday ended at their lowest in near two weeks due to profit-booking in banking shares, but foreign inflows helped curb losses. The Colombo stock index ended 0.09 percent weaker at 6,663.15, its lowest close since May 30. Last week, the bourse dropped 0.3 percent, posting its third consecutive weekly…
Industry veterans join board as Independent Directors Leading logistics provider EFL announced the appointment of three new Independent Directors to its international board as part of its ongoing efforts to add international expertise to its management team. Ram Menen, Stephen Dearnley and Mike Sherman joined as Independent Directors to the board led by Founder and…
Reuters – The Sri Lankan rupee traded marginally higher on Monday as inward remittances outpaced dollar demand from importers, dealers said. Rupee forwards were active, with spot-next forwards trading at 152.80/85 per dollar at 0539 GMT, slightly firmer from Friday’s close of 152.85/90. “There are some inward remittances and not much of (importer) demand,” a…
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