The 11th annual CFA Society Sri Lanka Capital Market Awards is scheduled to be held on Tuesday, 18 June 2024, at the Oak Room, Cinnamon Grand, Colombo. A signature event in the CFA Society Sri Lanka calendar since its inception in 2012, the CFA Society Sri Lanka Capital Market Awards looks to provide insights from…
A recent meeting between the Sri Lanka – Greater Mekong Business Council (SLGMBC) of the Ceylon Chamber Her Excellency Ho Thi Thanh Truc, the Ambassador of Vietnam to Sri Lanka, focused on on identifying strategies to boost production, increase exports, and attract investments in various sectors, including agriculture, construction, logistics, tourism, and pharmaceuticals. During the…
As part of the project ‘Marco Polo’s knowledge for the preservation of artisanal and gastronomic traditions of excellence’, a cycle of meetings called ‘The Journey of Marco Polo and Tea’ kicked off on 14 May 2024 at Ca’ di Dio hotel in the historic city of Venice. This was also included in the official programme…
Acquisition to support growing demand for digital transformation offerings Virtusa Corporation, a global provider of digital strategy, digital engineering, and information technology (IT) services, recently announced the acquisition of ITMAGINATION Sp. z o.o., a premier technology consultancy headquartered in Warsaw, Poland. This strategic move reflects Virtusa’s commitment to enhancing its digital transformation offerings and expanding…
Agriculture-rich diversified conglomerate CIC Holdings PLC (CSE: CIC) reported robust revenue growth amidst moderately stable macroeconomic conditions, reporting notable top- line growth during the year ended 31st March 2024. Group’s Crop Solutions, Agri Produce and Health and Personal Care sectors led growth, while the Crop Solutions segment remained the major contributor to total Group revenue…
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, was named the Most Loved Service Brand and the Most Loved Telecommunications Brand in LMD’s Brands Annual study, reinforcing its longstanding position as the market leader. This prestigious recognition is testament to the company’s steadfast commitment to delivering unparalleled network quality and exceptional customer value, as well…
Dilum Amunugama, State Minister for Investment Promotion, announced the BOI’s success during conversations with investors who signed investment agreements with the Board of Investment in the first quarter of this year and followed up on their business progress. The investment objective of one billion dollars was met in the first quarter of this year, with…
During the course of their visit to Sri Lanka, a high-level Thai delegation led by H.E. Ms. Busadee Santipitaks, Deputy Permanent Secretary for Foreign Affairs of the Kingdom of Thailand, together with H.E. Mr. Paitoon Mahapannaporn, the Ambassador of the Kingdom of Thailand to Sri Lanka, visited Hayleys Fabric PLC in conjunction with Hayleys Solar,…
A new International Finance Corporation (IFC) report reveals that Sri Lanka surpasses regional counterparts in recruiting women at the entry-level in the banking sector, with women comprising 46 percent of new recruits. The report, supported by the Women in Work program—a partnership between IFC and the Australian government—also highlights Sri Lanka’s leadership in board-level gender…
Expolanka Holdings PLC has announced key updates regarding its delisting process from the Colombo Stock Exchange (CSE), reflecting the company’s strategic approach to stakeholder engagement and regulatory compliance. This follows the disclosure on May 28, 2024, of a legal challenge filed with the Court of Appeal of the Democratic Socialist Republic of Sri Lanka, contesting…
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