On Sunday, November 20, TV Derana held a telethon dedicated to a cause this media powerhouse took close to heart: Little Hearts – a fundraising project for a new hospital wing for critically ill children at Lady Ridgeway Hospital (LRH). Derana joined forces with Sri Lanka College of Paediatricians (SLCP) and leaders of various industries…
Reuters – Sri Lankan shares ended little changed on Friday, hovering near eight-month lows, while turnover slumped as investors kept to the sidelines on concerns over recent tax proposals. The Colombo stock index ended 0.02 percent down at 6,252.12, and lost 1.17 percent during the week, marking its third straight weekly fall. The bourse hit…
Eight Sri Lankan travel companies that have contributed significantly to the growth of Emirates Holidays in the local market were honoured at a gala awards ceremony in Colombo recently. Hosted by Aitken Spence Travels, the Preferred Sales Agent (PSA) in Sri Lanka for Emirates Holidays, the tour-operating arm of Emirates airline, the awards ceremony celebrated…
The Colombo Stock Exchange (CSE) announces the appointment of Mr. Anthony M. Shanil Fernando as a Director of the CSE Board. Mr. Fernando, Attorney-at-Law, Solicitor, MBA, is a Senior Partner at Anton Fernando Associates Law firm. He is also the Chairman of AFA Corporate Services Limited and the Director of World Express (CMB) Limited. Mr….
In ensuring that Sri Lanka is in line with the latest international ethics standards, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has decided to adopt the “Responding to Non Compliance with Laws and Regulations” (NOCLAR) standard with effect from 15th July 2017. The announcement was made on Thursday (24th November) by…
Hayleys PLC emerged as the winner of the ‘Best Corporate Citizen Sustainability Award 2016,’ for the 05th year and won the ‘Grand Slam Award’. The annual event is organized by the Ceylon Chamber of Commerce, the country’s premier business chamber, to recognize sustainable champions of the local corporate world. Hayleys PLC won the Best Corporate…
A high powered business delegation led by Lu Xinhua, Chairman of the Council for Promoting South-South Co-operation (CPSSC) and former Vice Minister of Foreign Affairs, visited Sri Lanka recently. The delegation consisted of several retired ChineseAmbassadors and more than 30 leading Chinese Entrepreneurs. The Board of Investment of Sri Lanka warmly welcomed the delegation and…
Reuters – Sri Lankan shares snapped an eight-day falling streak to end slightly higher on Thursday, but concerns over recent tax proposals continued to weigh on sentiment. The bourse hit its lowest close since April 7 on Wednesday on caution over the budget tax proposals, including revisions in corporate and withholding taxes. The government aims…
Continuing to deliver on a longstanding commitment to sustainability, EFL opened a solar power plant in Wellampitiya on 16th November 2016. The occasion was marked by a special ceremony attended by Hon Deputy Minister of Power and Energy Ajith P. Perera as chief guest alongside top management of EFL and Expolanka Holdings PLC Group CEO…
Sri Lanka’s National Carrier and oneworld member, SriLankan Airlines bagged the Leading International Airline title yet again at the prestigious Maldives Travel Awards, recently. Viewed as SriLankan’s extended home market, the Airline currently connects the Maldivian capital to its extensive route network 21 times a week. On December 1, 2016, the Airline will expand its…
Video Story
