The Chamber Academy, the knowledge arm of the Ceylon Chamber of Commerce in partnership with Hutchison Telecommunications Lanka (Pvt) Ltd, London Stock Exchange Group – Sri Lanka and Linear Squared (Pvt) Ltd will be hosting a timely webinar on Business Planning in the Age of AI. In the digital age, businesses need reduced wastage, minimize…
The Colombo Stock Exchange (CSE) successfully concluded yet another virtual forum organized as part of an awareness drive for island-wide Small and Medium Enterprises (SME). The fourth event of the series, which was held for SMEs in Jaffna, drew a significant interest among the entrepreneurial community based in the region. The series of virtual forums…
Applications aggregate LKR 5 Bn, exceeding initial offer value by LKR 2 Bn Nations Trust Bank PLC announced the successful oversubscription of its Unlisted Debenture prior to its opening, aggregating LKR 5 Bn in applications. Structured, managed and placed internally;the Bank planned to raise up to LKR 3 Bn through the issue of 30 million…
Over 14 million strikes detected in Sri Lanka in 2020 by Earth Networks Total Lightning Network Highest number of lightning strikes in Uva, North Central, Eastern, Sabaragamuwa, and North Western Province Earth Networks, operator of a nationwide lightning detection network in Sri Lanka, released its first ever 2020 South Asia Lightning Report today, covering India,…
One of the pioneers in agriculture fertilizer and a leading diversified business group, A. Baur & Co. (Pvt.) Ltd., also known as Baurs, will be bringing down a team of renowned experts from Switzerland to study the country’s agriculture ecosystem with the purpose of providing scientific and practical solutions to converse into an organic approach….
Bloomberg – Sri Lanka plans to repay a $1 billion bond by the Tuesday deadline, keeping intact its reputation for honoring debt as concern mounts about the nation’s overseas financing. Authorities will transfer the required funds on Monday, Ajith Nivard Cabraal, the state minister for money and capital markets, said by phone Sunday. Moody’s Investors…
The Silk Road Journal by Mahika Ming In the late 1970s, Minister of Education Ranil Wickremasinghe presented a White Paper on Education. It was opposed by the communist & leftist parties & the government could not fully implement the proposals. Years later, those who opposed were seen implementing most of what Ranil proposed. There is…
Sampath Bank PLC (“Sampath Bank”) extended its strategic partnership with Paycorp International (Private) Limited, a wholly-owned subsidiary of Bancstac (“Paycorp International”), to provide Sampath Bank customers with the capability to accept online payments from American Express, Diners Club and Discover Network Cardmembers through Paycorp International’s Internet Payment Gateway (IPG). Sampath Bank customers can already accept…
The global aviation industry continues to face severe economic pressures as the pandemic looms into the future. Financial woes aside, the pandemic’s longer-term effects on aviation are emerging in the form of hygiene and safety standards being more stringent, and digitalisation continues to transform the travel experience. SriLankan Airlines Chairman Ashok Pathirage shares his insights…
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100), remained unchanged at 6.1 per cent in June 2021 due to the statistical effect of the high base prevailed in June 2020. Meanwhile, Food inflation (Y-o-Y) decreased to 9.8 per cent in June 2021 from 10.3 per cent…
