Wins three other awards including Gold in Banking sector for 2016 Annual Report The Commercial Bank of Ceylon PLC stamped its supremacy in financial disclosure at the CA Sri Lanka Annual Report Awards this week, winning the coveted overall award for the best annual report by a Sri Lankan company in 2016 and three other…
The role of the Port of Colombo in facilitating imports and exports and supporting trade with India and other subcontinent countries was expounded upon by Colombo International Container Terminals (CICT) in a recent presentation to the 2017 Asian Logistics and Maritime Conference (ALMC). The presentation was made by Mr Tissa Wickramasinghe, Chief Business Development Officer…
Reuters – Sri Lankan shares extended falls into a third session on Wednesday and closed at their lowest in nearly three months, dragged down by healthcare and diversified conglomerates. The Colombo Stock Index ended down 0.15 percent at 6,380.91, its lowest close since Sept. 13. It fell 0.03 percent last week, recording its fourth straight…
Sri Lanka’s success in developing basic infrastructure such as a road network density of 98% is highest in highest in South Asia according to the Global Competitiveness Index in FY17. Sri Lanka is ranked as 73rd out of 138 countries for infrastructure development making Sri Lanka an attractive destination for private investment. The International Finance…
Sri Lanka has continued to receive a number of achievements for its recognition as a compact travel destination across the globe, and received another endorsement recently becoming one of the emerging destinations and one of the most popular global destinations from the key findings of the 2018 Virtuoso Luxe- Australian edition report. In parallel to…
This report provides an in-depth analysis of the emerging HR trends and practices in the Sri Lankan IT and BPM sector whilst providing a comprehensive understanding of the compensation strategies along with the employee attraction, retention and engagement strategies executed by industry players. The report also provides a skill based analysis of common skills identified…
More than 5000 Sri Lankan industries have secured country’s first large scale green funding initiative aimed solely at their manufacturing sector-including the SME industries. A massive Rs 5 Bn in funds are to be channelled through 11 leading financial institutions-which includes nine commercial banks. “Many industries including small and micro industries did not receive sufficient…
As a part of the government’s policy to promote Domestic Dairy Production with the participation of youth entrepreneurs the Cabinet of Ministers has decided to start an island-wide program to create 10, 000 youth dairy entrepreneurs in Sri Lanka on the proposal made by President Maithripala Sirisena. Under this program, each of these youth entrepreneurs…
The International Finance Corporation (IFC) has estimated that Sri Lanka can envisage a total climate-smart investment opportunity of USD 18 billion during 2018 to 2030. In a survey conducted under the theme ‘Climate Investment Opportunities in South Asia’ it states that Sri Lanka has an USD 2.5 billion investment opportunity for Renewable energy power generation….
The Sri Lanka- Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce successfully concluded a business mission to Singapore from 8th – 10th November 2017. The mission was organized in collaboration with the International Enterprise (IE) Singapore; the Government Agency driving Singapore’s external economy and promoting the overseas growth of Singapore-based enterprises and international…
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