Sri Lanka’s leading tile and bathware manufacturer Royal Ceramics Lanka PLC announced the appointment of Mr. Sanjeewa Renuka Jayaweera and Mr. Jitendra R Gunaratne as new Directors to its Board, to strengthen its management team and accelerate the company growth. Mr. Gunaratne has been an active member of John Keells Holdings with 40 years of…
Channel News Asia : Singapore will stop entry or transit for visitors with recent travel history to Bangladesh, Nepal, Pakistan and Sri Lanka, the COVID-19 multi-ministry task force said on Friday (Apr 30). The ban starts on May 2 and covers all long-term pass holders and short-term visitors who have been in the four countries in the last…
In terms of Section 35 of the Monetary Law Act No. 58 of 1949, the seventy first Annual Report of the Monetary Board of the Central Bank of Sri Lanka was presented to Hon. Mahinda Rajapaksa, the Prime Minister and the Minister of Finance, by Deshamanya Professor W.D Lakshman, the Governor of the Central Bank of Sri…
Reuters – Italy on Thursday (29) extended for 15 days COVID-19 restrictions already in place on travellers from other European countries, the health ministry said, adding that it had also imposed a ban on people coming from Sri Lanka. People entering Italy from other European countries face five days of quarantine and mandatory testing both…
The Asian Development Bank’s (ADB) flagship annual economic publication, the Asian Development Outlook (ADO) 2021, forecasts a significant rebound in Sri Lanka’s economy as domestic and global economic activity strengthens and vaccination campaigns gather momentum domestically and abroad. ADB projects Sri Lanka’s economic growth to rise to 4.1% in 2021 and moderate to 3.6% in 2022….
Ambassador of Sri Lanka to the Sultanate of Oman Ameer Ajwad met with Chief Executive Officer Saleh M. Al Shanfari of Oman Food Investment Holding Co. (S.A.O.C) and had a productive discussion on the promotion of bilateral trade in food sector between Sri Lanka and the Sultanate of Oman. They also explored new areas for…
Core Banking Growth and Profitability Union Bank ended the first three months of 2021 with a strong performance, reflecting a steady growth momentum and fueling favourable expectations. Union Bank’s core banking performance was propelled by focused efforts on strategically significant product and service propositions. Despite challenges that continued to prevail during the review period, the…
Financial Performance review for the 03 Months ended 31 March 2021 Seylan Bank made a steady start in 2021 by posting a Profit After Tax (PAT) of LKR 1Bn in Q1 2021 amidst macro-economic challenges brought in by the COVID-19 pandemic. Statement of Financial Performances Interest income recorded a decline due to the…
John Bevan to oversee all aspects of dnata’s global travel business as Divisional Senior Vice President for Travel Stewart Angus to lead dnata’s ground handling and cargo operations globally with the addition of United Arab Emirates to his remit Robin Padgett to expand his role and become global head of dnata’s catering and retail services…
The Hindu – The advisory asked U.S. citizens to leave India ‘as soon as it is safe to do so’ in view of the escalating COVID-19 pandemic as it has restricted access to medical care. The United States has issued a Level 4 Travel Health Notice and asked its citizens to leave India “as soon…
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