SriLankan Airlines latest batch of cadet pilots were awarded their “Wings’ when they passed out as Junior First Officers at a Wings Ceremony which was held at the Airline Centre recently. A total of two batches graduated at the ceremony having undergone a stringent one-year training programme before qualifying to fly with the national carrier…
Reducing the carbon footprint in organizations and companies will have long-lasting environmental and economic benefits not only to individual organizations but to the nation at large, one of country’s pioneering carbon reduction consultancy firms – Somaratna Consultants announced. “The announcement by the Ministry of Power and Energy to reduce the carbon footprint of the energy…
The stakeholders of Serene Pavilions Hotel in Wadduwa have succeeded in reaching a settlement over the hotel’s shareholdings issue. Accordingly, Anura Lokuhetti who owned 30 per cent shares in this hotel sold all his shareholdings to two other shareholders, Sumith Guruge and Jit Warnakulasuriya, said Sumith Guruge. Sumith Guruge further added that following this sale…
South Korea’s Hyundai has become the first carmaker to offer Google’s Android Auto system in its Sonata model. Android smartphone users with a 2015 Sonata sedan can now ask car dealers to download the system for free if they have a vehicle with navigation. It connects to the driver’s smartphone and allows them to access…
The Chairman and Managing Director of Sun Siyam, Mr Ahmed Siyam Mohamed, recently announced bold new plans to expand his luxury hospitality brand in the Maldives and beyond. In aspeech at the HICIO conference in Colombo, Sri Lanka that focussed on the challenges and opportunities for developing in the Maldives and taking Maldivian brands abroad,…
The Import Section of the Ceylon Chamber of Commerce is planning to line up relevant associations heads and industry experts engaged in the ‘trade’ to review the progress of ‘Customs 24×7 Operation’ and discuss ways and means of making maximum usage of the available facilities to ensure an efficient operation. Accordingly, a forum will be…
The Sri Lanka Shippers’ Council has expressed its concern over the sudden resignation of the Director General of Sri Lanka Customs. Ina media release, the Council states, “It is with great regret that we have noted the sudden resignation of the Director General of Sri Lanka Customs. Mr. Jagath P. Wijeweera has been one of…
Colombo bourse concluded the session on a negative note on Tuesday amid profit taking in selected stocks. The positive momentum in the morning session faltered in the mid-day pulling the index down to 7,261.78, with a drop of 22.98 points (-0.3%) while the S&P SL 20 index lost 16.01 points (-0.4%) to close at 4,037.81….
The Central Depository System (Pvt) Ltd (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE) signed a Memorandum of Understanding (MoU) with the National Securities Depository (Pvt) Ltd of India (NSDL), for the purpose of knowledge sharing in the area of depository services. The NDSL was the first and is the largest depository…
Sri Lanka’s parliament will launch a new inquiry into a controversial government bond deal after the main opposition party said an initial investigation that cleared the central bank chief of any direct role was not independent. The opposition United People’s Freedom Party (UPFA), which has a majority of seats in parliament, has alleged corruption in…
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