LTL Holdings Limited (LTL / the Company), Sri Lanka’s leading fully integrated power sector conglomerate with a 40-year track record, announced plans to launch an Initial Public Offering (IPO) and be listed on the Colombo Stock Exchange (CSE), making this the largest IPO to take place on the CSE. The IPO is an offer for…
In keeping with its forward-facing, tech-centric approach to improving customer experiences and providing the most accessible and efficient service, DFCC Bank continues to implement the acceptance of digital signatures across the network. Building on its partnership with LankaSign, DFCC Bank customers can now conveniently and seamlessly forward all formal requests and authorisations for transactions to…
The Ceylon Chamber of Commerce, in collaboration with MDF Training & Consultancy, successfully concluded a Training of Trainers (ToT) programme aimed at enhancing the capabilities of women business development coaches in Sri Lanka. Titled “Building the Capacity of Women Business Development Coaches in Sri Lanka,” the programme was conducted in two intensive sessions, with 30…
Ministry of AI for Sri Lanka is The Code of the Future, Vision for the Next Growth By Jithendra Antonio In an era where technology is reshaping every facet of human life, Sri Lanka stands at a crucial point. As global giants race ahead with advanced Artificial Intelligence (AI) initiatives, our nation must decide whether…
Public Resilience Helped Sri Lanka Avoid a Crisis Similar to Bangladesh’s. New Home Loans with Subsidized Interest for Low-Income Earners. Land Tenure and Estate Villages Planned for Upcountry Communities. President Ranil Wickremesinghe announced plans to establish a new investment company that will manage state assets, ensuring that the rights of the people are protected. He…
Colombo West International Terminal (CWIT), in the Port of Colombo has marked a significant milestone with the arrival of the first batch of 5 automated CRMG cranes. This development heralds a new era of enhanced productivity and operational efficiency for Sri Lanka’s busiest and most strategic maritime hub. These state-of-the-art cranes are not only set…
TikTok today shared its approach to upholding and protecting election integrity on its platform ahead of the Sri Lankan Presidential Election on 21st September 2024. The initiative underscores TikTok’s commitment to being a responsible and reliable source of information, especially during critical civic events. TikTok has robust measures in place to combat misinformation, violence, and…
The project involves setting up a first-ever Grid-Forming 300 MVAr STATCOM by AESL offering a safe and stable system which can balance sudden power imbalances Adani Energy Solutions Ltd (AESL), part of the globally diversified Adani portfolio, today said that it has completed SPV acquisition of Khavda Phase-IV Part-A transmission project after receiving a letter…
Fitch Ratings: Fitch Ratings has assigned DFCC Bank PLC’s (A-(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured listed green bonds of up to LKR2.5 billion an expected National Long-Term Rating of ‘A-(EXP)(lka)’. Key Rating Drivers The green bond is rated at the same level as DFCC’s National Long-Term Rating as it constitutes a direct, unconditional, unsubordinated…
The 32nd Annual General Meeting of the Sri Lanka – Pakistan Business Council (SLPBC) was recently held, graced by His Excellency Major General (R) Faheem Ul Aziz, HI (M) High Commissioner of Pakistan in Sri Lanka, His Excellency Admiral Ravindra C Wijegunaratne, High Commissioner of Sri Lanka in Pakistan at Cinnamon Grand, Colombo. Mr. Indhra…
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