The 2021 Invest Sri Lanka Forum, organized by the Board of Investment, The Ceylon Chamber of Commerce and the Colombo Stock Exchange, which commenced on Monday, 7th June concluded successfully on Wednesday, 9th June. Asia’s first ever virtual investment forum was held with foreign participation of 2,200 from 85 countries and 2,500 local participants. The…
In an innovative move, “ComBank Digital”, the omnichannel Platform offered by the Commercial Bank of Ceylon PLC, is now integrated with the LankaPay Online Payment Platform (LPOPP). This enables the ComBank Digital users to process a variety of real-time payments to government sector institutions with the click of a button. This facility is available for…
The Information and Communication Technology Agency (ICTA), the apex body for Information and Communication Technology in Sri Lanka, in collaboration with PwC Sri Lanka, recently introduced a new Credit Evaluation Framework to be adopted by lenders when lending to tech companies with minimal collateral. The new framework was launched in an event held with the…
Sri Lanka can realize its development aspirations by promoting a private sector-led growth model—one that spurs further growth and creates jobs for its people through innovation and agility. That’s the view of IFC’s Vice President for Asia and Pacific, Alfonso Garcia Mora, who today called for a greater focus on the private sector to support…
By Ashani Abayasekara and Thisali de Silva The year 2020 saw close to 1.6 billion students from over 180 countries being kept out of schools for extended periods of time, in response to the COVID-19 pandemic. Despite commendable efforts by many countries to put in place alternative remote learning strategies and corrective measures, learning losses…
Travel with a purpose is on the rise. The last few years have seen a growing realization of health and wellness as people seek to infuse their hectic lives with mental, physical and spiritual balance. Wellness is about quality of life – in finding the balance between the physical, mental and emotional well-being of everyday…
It was a great pleasure to announce that the “Pure Ceylon Tea” is now available at Ambassador Duty-Free in Pretoria, South Africa. This is a symbolic victory of Pure Ceylon Tea in Southern Africa. Sri Lanka Cricket and Ceylon Teas are the two master envoys well representing in the Southern African Region. Sri Lanka High…
Ambassador of Sri Lanka to the Sultanate of Oman Ameer Ajwad met with Minister of Transport, Communications and Information Technology of the Sultanate of Oman Eng. Saeed bin Hamoud Al-Maawali and discussed the areas of mutual interest between the two countries. They also explored new areas for bilateral cooperation in Ports and Shipping as well…
Prime Lands Residencies Limited (PLR-N-0000) rang the market opening bell Tuesday (08) to commence trading on the Colombo Stock Exchange (CSE) at a special fully Virtual Market Opening Ceremony organized by the CSE. The company listed 937,500,000 Ordinary Voting Shares and has been classified under the Industry Group “Real Estate (6010)”. Mr. Brahmanage Premalal, Group…
Recently, Supreme Court allowed People’s Bank to proceed with disposing the mortgaged property belonging to a benefitted director of Yashodha Holdings (Pvt) Ltd., which was mortgaged to the Bank as security for a facility granted to Yashodha Holdings PVT Ltd.by the Bank. The particular case had been filed by Yashodha Holdings (Pvt) Ltd challenging the…
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