The Commercial Bank of Ceylon has once again been ranked among the Top 1000 Banks of the World, in the prestigious rankings published annually by ‘The Banker’ magazine of the UK, becoming the only Sri Lankan bank to achieve this feat five years in a row. The ranking is based on the Bank’s key performance…
Chrishantha Priyange Richard Perera has been appointed by the President as a Member of the Monetary Board of the Central Bank of Sri Lanka with effect from June 24, 2015. Mr. Perera has previously served as Chairman of the Sri Lanka Tea Board, Sri Lanka Insurance Corporation, Public Enterprises Reforms Commission and the Bank of…
JAMES Packer and Mariah Carey have arrived in Israel with reports the couple is visiting his spiritual adviser as they plan to wed. The power couple, whose relationship was made public earlier this month, arrived in Jerusalem following a romantic vacation in Europe on Packer’s luxury yacht Arctic P. Carey spent the first day sightseeing,…
This discussion with Deshamanya Sam Samarasinghe, the Sri Lankan consultant engineer who was an advisor to Lee Kuan Yew government, is about Singapore’s private sector. This is what he had to say:
The United National Party (UNP) charges that the Parliamentary Committee On Public Enterprises (COPE) cannot issue a report in the Sri Lanka Central Bank’s controversial Bond Issue and that the relevant report by the DEW Gunasekera-led committee had been done in haste. During a discussion at the UNP headquarters ‘Sirikotha’ this morning (07 July), the…
With the global population booming and more American millennials flocking to crowded cities, Toyota hopes it has found a vehicle for the future. The company’s i-Road is an all-electric, three-wheeled, rear-steering “personal mobility vehicle” that Toyota was showing off at the Aspen Ideas Festival, which concluded this weekend in Colorado. “I-Road is small, it’s easy…
Adaderanabiz.lk gained the opportunity for an informal conversation with a Sri Lankan youth whose courage led him to become a businessman in Japan. Kapila Bandara by name, this Sri Lankan youth explained how he rose up as a business entrepreneur in Japan.
The Colombo Stock Exchange (CSE) conducted a successful disaster recovery testing exercise, as a part of its Business Continuity Planning (BCP), from its Disaster Recovery site on Friday July 3rd, 2015, where all trading and post trade operations took place from this remote site for a complete market day. This is the first time such…
At a recent Board meeting held on the 24 June 2015, after almost 48 years at the helm of the organization he founded in 1968 Mineka P. Wickramasingha retired from the position of Chairman of Ceylon Biscuits (CBL) group. The current Deputy Chairman, Ramya Wickramasingha was elected by the Board as the new Chairman of…
Tourist arrivals to Sri Lanka in June this year has grown by 12 per cent with the arrival of 115,467 tourists as compared to June of last year. Latest government data shows that arrivals from China and India have shown a significant growth. Meanwhile, during the six months up to June this year tourist arrivals…
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