The Grand Finale of the 51st Annual Report Awards organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will be held on Thursday, 03rd December 2015 at the Waters Edge, Battaramulla. The annual report awards competition which promotes transparency and accountability among organisations that produces annual reports in the country, this…
Partners with College of Ophthalmologists for ‘C Blue Restore Sight’ Project offering 150 free cataract surgeries The gift of improved sight is to be bestowed on 150 Sri Lankans under a new community initiative announced in Colombo by the China Merchants Group (CMG), the major stakeholder in Colombo International Container Terminals (CICT) which manages Colombo’s…
Sri Lanka’s leading integrated infrastructure and engineering solutions provider MTD Walkers PLC won the Gold Award in the Construction Sector at the recently concluded National Business Excellence Awards 2015 organized by The National Chamber of Commerce of Sri Lanka (NCCSL). “We are delighted and honoured to win this prestigious award that reaffirms MTD Walkers PLC’s…
SriLankan Airlines has suspended four Chennai bound flights, UL121, UL127, UL123 and UL125 of December 3, in view of the closure of the Chennai International Airport following heavy flooding due to torrential weather conditions in South India. SriLankan will resume flights as soon as the Airport resumes operations and the Airline may operate a few…
Hemas Holdings in partnership with Minor Hotel Group is proud to announce the opening of the first Anantara resort in Sri Lanka, Anantara Peace Haven Tangalle Resort. In a uniquely secluded beachfront location along Sri Lanka’s southern coast, Anantara Peace Haven Tangalle Resort is inviting its very first guests to experience the private exclusivity of…
Colombo equities stretched losses for the fifth straight day on Tuesday on sustained selling pressure triggered by weak domestic cues. ASI lost 13.96 points or 0.2% to close at 6,895.19 while S&P SL 20 index lost 6.35 points or 0.2% to close at 3,651.34. The main index lost nearly 1.7% during the six post-budget sessions…
Through the budget proposals for 2016, Finance Minister Ravi Karunanayake had proposed the merger of Sri Lanka’s stock broking companies. He pointed out that share brokers face considerable difficulties due to the instability of the stock market and that they themselves need to stabilize themselves to ensure the long term development of the capital market….
Hayleys PLC Co-Chairman (Non Executive) Dhammika Perera has purchased over 50 per cent of shares of Hayleys PLC. He has purchased 210,809 shares on 16 November and another 117,052 shares on 18 November thus increasing his shares in the company to 50.15 per cent. Earlier he owned only 49.71 per cent shares of Hayleys PLC,…
Global platform explores how female innovation is driving business Men traditionally rule the business world. Particularly, when it comes to technology. However, an increasing number of women entrepreneurs are driving business innovation in the emerging markets, including Sri Lanka. While there are still gender challenges, women in the emerging markets are overcoming obstacles to break…
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) conferred the distinguished FCA designation to 140 chartered accountants, elevating them to the highest stratum in their professional careers at a special FCA convocation held at CA Sri Lanka on 27th November 2015. The new fellow members of CA Sri Lanka included high profile…
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