The ‘Sri Lanka Economic Forum 2016’ under Prime Minister Ranil Wickremesinghe will be held in Colombo from 07 to 08 January. Prime Minister Ranil Wickremesinghe’s plans for Sri Lanka to reach economic prosperity by 2023 are to be unveiled during this forum. Pioneer and chairman of ‘The Open Society’ and international investor George Soros, Nobel…
Trading of Entrust Securities PLC acquired by the Central Bank of Sri Lanka (CBSL) has been suspended by now. During a media conference yesterday (04 January) CBSL Governor Arjuna Mahendran said that there were complaints of various financial irregularities within the company and that the deadline for the company to submit its restructuring plans to…
In a fresh effort aimed at empowering the Small and Medium practitioners and enterprises in the South Asian region, the Institute of Chartered Accountants of Sri Lanka together with the International Federation of Accountants (IFAC) and the South Asian Federation of Accountants (SAFA), has organized a regional SMP Forum to help educate Small and Medium…
“Architect 2016 of SLIA” will take place on 16th February 2016 at the BMICH Colombo under the theme “Flows: Touching the Void”. The Sri Lanka Institute of Architects (SLIA) signed Memorandums of Understanding (MoUs) with Sponsors, who will power SLlA’s Architect 2016 – an event which comprises the Inauguration, the National Conference, Architect 2016, Members’…
Colombo bourse started the new year with negative returns on Monday as the Benchmark index shed 26.88 index points or 0.39% to end at 6,867.62 while 20-scrip S&P SL index declined by 0.74% (26.81 index points) to close at 3,598.88. Today’s decline was led by high caps namely Aitken Spence (closed at LKR 93.50, -3.3%),…
If Entrust Securities PLC, a Primary Dealer of government security bonds in Sri Lanka, fails to submit its consolidation plans as called for to the Central Bank of Sri Lanka (CBSL) by 6.00 pm today (04 January), its management would be acquired under a state bank, said Central Bank Governor Arjuna Mahendran during a media…
The first transaction – a Crossing that was made following the abolition of the Share Transaction Levy at the Colombo Stock Exchange (CSE) was carried out this morning (04 January) when Singer (Sri Lanka) BV, the major shareholder in Singer Industries (Ceylon) PLC, sold its 83.55 per cent shares in Singer Industries. This transaction involved…
IronOne Technologies, the Sri Lankan developer of BoardPAC, the sophisticated and secure mobile solution for paperless communication, has made significant advances in Bangladesh, gaining access to government agencies and the military in partnership with GRAM Limited, its recently-appointed partner in that country. The partnership between the two companies ratified in Colombo paves the way for…
Ajith Wattuhewa the President of the Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) The practice of sending Sri Lankan women to work as domestic hands in foreign countries began three decades back mainly as a temporary solution to the rising unemployment issue in the country. However, the practice has grown exponentially…
Asiri Hospitals Holdings was recently adjudged the Healthcare Sector Leader for the financial year 2014/15 according to LMD 100, the annual publication detailing Sri Lanka’s leading listed companies. Based chiefly on its turnover for the year under review of Rs 8,593 mn, Asiri Hospitals Holdings was declared the winner beating off stiff competition from other…
Video Story
