The Japanese Ambassador to Sri Lanka His Excellency Kenichi Suganuma recently made a courtesy visit to the Dole farm in Buttala to inspect its banana plantation. Ambassador Suganuma made this visit accompanied by his wife, two embassy officials along with Mr. Hirokazu Naka – General Manager, ITOCHU Corporation, Colombo Liaison Office. Speaking about his visit,…
The Board of Investment of Sri Lanka hosted a large delegation consisting of representatives from the World Business Society of Tokyo Small and Medium Enterprise Consultant Association (WBS) who are currently visiting Sri Lanka with the objective of evaluating investment opportunities and opportunities of partnerships between Sri Lankan Small and Medium Enterprises and Japanese SMEs….
The South Asian regional seminar series on ‘Enhancing Public Financial Reporting to Promote Growth in South Asia’ will be held under the patronage of Finance Minister Mr. Ravi Karunanayake on Thursday, 03rd November 2016 in Colombo, Sri Lanka. The high profile event which has been organised by the Institute of Chartered Accountants of Sri Lanka…
The Sri Lankan multinational Haycarb PLC reported a revenue of Rs. 5.9 billion and profit before tax of Rs. 458 million for the six months ending 30th September 2016. The profit after tax stood at Rs. 374 million. The turnover increased by 8%, while the profit before tax and after tax recorded a growth of…
The Jaguar XE has scored another victory over its rivals to be rated the safest large family car on sale by crash safety testing body, Euro NCAP. It’s the latest in a long line of successes for the XE which is also included on the shortlist for the prestigious European Car of the Year (ECOTY)…
Ministry of Skills Development and Vocational Training has proposed a program to provide the youth from the districts of Ampara, Batticaloa, Trincomalee and Polonnaruwa with the necessary qualitative skills development education within 2016 to 2019 and through this to gain employment opportunities within the tourism sector. A proposal by Skills Development and Vocational Training Mahinda…
The report of the internal investigation carried out by the Central Bank of Sri Lanka (CBSL) into the controversial bond issue has been handed over to the Monitory Board during its meeting held on 31 October, said CBSL Governor Dr. Indrajit Coomaraswamy. While speaking further at a media briefing, Dr. Coomaraswamy said that another meeting…
Activities on vesting a section of the Hambantota harbour to China would be undertaken within the next four to five months and the Sri Lankan Rupee would stabilize through the USD 01 billion earned through this, said Central Bank Governor Indrajit Coomaraswamy. The Central Bank Governor added that the revenue thus earned would stabilize the…
SriLankan Airlines gave one of its loyal customers, Peter Phillips of Shropshire, United Kingdom, a delightful surprise by rewarding him for his loyalty to SriLankan Airlines. Accordingly, SriLankan’s frequent flyer programme, FlySmiLes, presented him with a Gold card recently at a surprise ceremony to help him keep visiting his favourite destination of Sri Lanka during…
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently paid tribute to two eminent Chartered Accountants by inducting them to the CA Sri Lanka Hall of Fame in recognition of their exemplary contribution towards the development of the accounting profession, the business world and the country. Well known accounting personalities Mr. Tissa…
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