Janashakthi Insurance PLC announced the appointment of Mr. Husein Esufally, a leading business personality in Sri Lanka as the new Chairman of its Board, following the retirement of its incumbent Chairman and Director, Mr. W. T. Ellawala. Mr. Esufally, prior to the appointment, held the position of Deputy Chairman of the Board of Janashakthi Insurance…
For the sixth year running, Singapore Committee for UN Women and MasterCard announce the launch of Project Inspire: 5 Minutes to Change the World. With over 2,100 ideas submitted from 109 countries around the world, Project Inspire is now a multi-award winning initiative and one of the most high profile CSR programs in the Asia…
For the sixth year running, Singapore Committee for UN Women and MasterCard announce the launch of Project Inspire: 5 Minutes to Change the World. With over 2,100 ideas submitted from 109 countries around the world, Project Inspire is now a multi-award winning initiative and one of the most high profile CSR programs in the Asia…
Reuters – Sri Lankan shares gained for a third session on Thursday hovering at their highest in six weeks as retail investors bought beaten-down stocks, but concerns over economic woes capped gains, brokers said. The benchmark share index was up 0.89 percent at 6,219.66 at 0809 GMT, its highest since Feb. 25. “It has been…
Sri Lanka’s close proximity to the East – West Trading routes and the easy access to the regional markets in Asia are considered as top factors by investors looking to Invest in Sri Lanka, finds a survey conducted by the Economic Intelligence Unit of the Ceylon Chamber of Commerce. The survey, conducted among the prospective…
Colombo International Container Terminals Ltd. (CICT) the first and only deep water terminal in the Port of Colombo, has made another major breakthrough by attracting a new shipping line Interasia Lines Ltd. (IAL) to call at the Port of Colombo on a weekly schedule. This new shipping line is based in Taiwan and specialises in…
The transport plans related to the mega-polis development project would be implemented in four phases, said senior lecturer at the Moratuwa University, Dr. Dimantha de Silva during an interview with Ada Derana Biz 24X7.
It was a rude shock to Bangladesh’s economy. Nearly $80 million were stolen from Bangladesh’s Central Bank by hackers, one of the largest known bank thefts in history. The hackers breached Bangladesh Bank’s systems and stole its credentials for payment transfers. They then bombarded the Federal Reserve Bank of New York with nearly three dozen…
Featuring a Comprehensive Set of Benchmarks That Effectively Measure Sri Lanka’s Economy S&P Dow Jones Indices (“S&P DJI”), one of the world’s leading index providers, and the Colombo Stock Exchange (CSE) today (06) jointly announced the launch of the S&P/CSE Sector and Industry Group Indices. The comprehensive index series is designed to measure the performance…
The Seventh IMF-Japan High Level Tax Conference For Asian Countries, organized by the International Monitory Fund commenced Tuesday (05th) at the Dai-ichi hotel, Tokyo, Japan with the participation of the Finance Ministers of the countries in the Asian Region and large number of intellectuals. Photographs shows – Finance Minister, Ravi Karunanayake with Mr. Daikichi Momma,…
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