• First sight of Land Rover’s new full-sized, seven-seat SUV • Created with absolute versatility, capability and technology like no other • Continues the Land Rover Above and Beyond journey • New Discovery world premiere: 28 September 2016 ahead of the Paris Motor Show The New Discovery embodies Land Rover’s drive to go Above and…
Sri Lanka Tourism Promotion Bureau (SLTPB) with the support of the Sri Lanka High commission in Malaysia participated in the MATTA Travel and Tourism Exhibition from 02nd to 04th September 2016 in Putra World Trade Centre, Kualalumpur, in Malaysia. The Malaysian Association of Tour and Travel Agents (MATTA) is regarded as Malaysia’s largest outbound fair…
As the second stage, commercial banks joined the Bloomberg electronic bond trading platform for government securities secondary market transactions with effect from 15.09.2016. Prior to this, all primary dealers joined the platform on 01.08.2016. Therefore, now all primary dealers and banks undertake trades among them in the platform and report all over-the-counter outright deals with…
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently conferred the distinguished Associate Chartered Accountants (ACA) designation to 318 new chartered accountants at its 2016 Annual Convocation. The convention was held under the patronage of Mr. Timothy Speldewinde, Group Director of MAS Holdings and Mr. Lasantha Wickremasinghe, President of CA Sri Lanka…
EFL announced the appointment of key personnel to the company’s headquarters in Colombo with S. Senthilnathan being promoted to CEO while former DSV Regional Director Peter M Larsen assumed the role of COO. Mr. Senthilnathan, who joined Expo Group in 1996, is the co-founder and chief architect behind the establishment of EFL’s Indian operation. Over…
Applications currently being accepted for Start Path Global 2016 year-end class Whether it is to scale their business or drive profitability, startups are increasingly looking to collaborate with corporates to both tap into their operational expertise and to test new technology. Mastercard’s startup engagement program Start Path Global works with startups to drive new businesses…
No less than a quarter of tea imports to the world’s largest tea market are Ceylon Tea-and “Ceylon Tea” is also the first international branding hit for Sri Lanka in modern times, revealed a top Lankan Cabinet Minister on 11 September in Nanning, China. “Ceylon Tea became the first Sri Lankan commodity to create international…
IMF representatives Thursday (15) met the Minister of Finance Mr Ravi Karunanayake for a mission review of the $1.5 billion loan approved for Sri Lanka under the Extended Fund Facility (EFF) to support the country’s economic reform agenda. Mr. Jaewoo Lee IMF Representative and the Country Representative for Sri Lanka and Maldives Ms Eteri Kyintradgze…
Reuters – Sri Lankan shares posted their lowest closing level in more than six weeks on Thursday, as a government proposal to raise the value added tax (VAT) weighed on markets. The government on Wednesday said the cabinet has approved a proposal to increase the VAT to 15 percent from 11 percent with some amendments,…
SriLankan Airlines has completely banned the use or charging of Samsung’s latest Galaxy Note7 smartphone on board all its flights with immediate effect until further notice, following Samsung suspending its sales in the wake of several incidents of phone batteries catching fire. The ban applies to turning on or charging any Samsung Galaxy Note7 on…
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