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CA Sri Lanka launches new Integrated Reporting Council

In a fresh initiative aimed at further enhancing the best practices of financial reporting amongst corporates in the country, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) launched the Integrated Reporting Council (IR Council), comprising of professionals from the accounting and non-accounting sectors, regulators and academics. The inaugural meeting of the IR…

(0)Comments | March 21, 2016 12:05 pm

Sri Lanka yet to confirm its decision towards modern German rescue system

Sri Lanka is a country in which there are high levels of interest and demand for good medical care amongst the population. Although the country still lacks a well-functioning emergency rescue system, due to various changes in the system, its people deserve to receive one of the most modern rescue systems in Asia; similar to…

(0)Comments | March 21, 2016 11:43 am

George Steuart Health opens third ‘Wellness Shop’ in Galle

With the intension of promoting complete solutions towards a healthy life, George Steuart Health, a subsidiary of George Steuart and Co., recently opened its third branch of the ‘Wellness Shop’ pharmacy network, fulfilling their promise of expanding its footprint in order to better serve their discerning customers. The event was graced by Prof. T.T. Weeraratne,…

(0)Comments | March 21, 2016 10:22 am

Hayleys Brings Happiness and Hope back to Ananthapuram, Mullaitivu

Puritas Sath Diyawara project infuses renewed life to 3000 villagers The Hayleys Group gave yet another carefully selected village, the gift of clean drinking water, bringing renewed hope to over 3000 villagers in Ananthapuram recently as part of its ongoing efforts to improve the lives of those worst affected by CKD and other water borne…

(0)Comments | March 21, 2016 9:49 am

Plans to reduce price of lubricants

Minister of Petroleum Resources Development Chandima Weerakkody is optimistic that the price of lubricants can be reduced in the future by 25%. Addressing a news conference in Colombo, the Minister said that action will be initiated to grant this relief with the launch of the Lubricants business in affiliation to the Ceylon Petroleum Corporation. The…

(0)Comments | March 20, 2016 8:48 pm

Top Lankan team heading to Brussels on EU fishery ban

Amidst exporters’ praise on government’s continued efforts to resolve the EU fishery ban, a top team of officials from Sri Lanka is now scheduled to depart for Brussels for decisive talks on the ban. The Lankan team shall include members from the Prime Ministerial Task Force on the EU Fishery ban. “A top Lankan delegation…

(0)Comments | March 18, 2016 2:00 pm

SriLankan Airlines partners PIM and University of Colombo to expose identified high potentials to modern management thinking and practices

SriLankan Airlines partnered with two of Sri Lanka’s most reputed institutes of higher learning – the University of Colombo and the University of Sri Jayawardenepura – to strengthen and sharpen the skills of its leaders of the future through programmes that were especially designed for the National Carrier. Pradeepa Kekulawala, Head of Human Resources at…

(0)Comments | March 18, 2016 12:07 pm

Sri Lanka to participate in “World Expo” 2017

Government of Kazakhstan has extended an invitation to Sri Lanka to participate in “World Expo” 2017 Exhibition. Addressing the weekly cabinet briefing held at the Government Information Department (March 17), Minister of Mass Media and Parliament Reforms Gayanatha Karunathilaka said that the “World Expo” exhibition is held once in two years in the prominent capitals…

(0)Comments | March 18, 2016 10:27 am

Financial grant worth of 43.7 million euro and technical assistance from the European Union for Development programmes of Sri Lanka

Three agreements were signed today(16th) between Sri Lanka and European Union on financial grant worth of 43.7 million euro and technical assistance. Signing of these agreements took place at the Ministry of Finance led by the Finance Minister, Mr. Ravi Karunanayake and the Commissioner, European Union Mr. Neven Mimica. Agreement on “Assistance for Integrated Rural…

(0)Comments | March 18, 2016 10:17 am

Sri Lanka shares at two-week high; rupee weaker

Reuters – Sri Lankan shares gained for the second session on Thursday at their highest in two weeks as investors bought beaten-down stocks, but concerns over a higher budget deficit and economic growth dampened investor sentiment, brokers said. The benchmark share index was up 0.78 percent, or 47.15 points, at 6,068.52 at 0711 GMT, its…

(0)Comments | March 18, 2016 9:32 am

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