A consignment of Sinopharm (BBIBP-CorV) vaccines manufactured by China to fight against the Coronavirus pandemic were brought to the island this morning (31). The vaccines were transported from Beijing on SriLankan Airlines flight UL809, arriving at Bandaranaike International Airport. The Cargo handling of the vaccine doses by offloading and clearing on a priority basis was…
Sri Lanka Cricket has decided to call for applications for the post of Manager of Sri Lanka National Cricket Team. The Department of Human Resources of Sri Lanka Cricket has published a public advertisement in this regard. The relevant advertisement is as follows:
According to the daily exchange report of the Central Bank of Sri Lanka (CBSL), the current buying rate of the US Dollar today (31) stands at Rs. 197.62 and selling rate of the US dollar stands at Rs. 202.04. This is the first time in history that the selling rate of a US dollar has…
The Management of Pyramid Wilmar (Private) Limited (“Pyramid Wilmar”) wishes to make the following statement in response to recent media and social reports on imported coconut oil with high levels of Aflatoxin: Pyramid Wilmar is an organization that engages in ethical business, following good governance and best practices which form the core of its existence…
It was revealed at the Committee on Public Enterprises (COPE) that a former senior official of the Postgraduate Institute of Science (PGIS) affiliated to the University of Peradeniya had fraudulently obtained Rs. 50 million from fixed deposits maintained by the PGIS of the university. The Post Graduate Institute affiliated to the University of Peradeniya had…
A dinner meeting was held by the Sri Lanka – Korea Business Council of the Ceylon Chamber of Commerce on 25th March 2021 at Waters Edge. The Guest speaker was Hon (Dr) Nalaka Godahewa, State Minister of Urban Development, Coast Conservation, Waste Disposal & Community Cleanliness. Honorable Minister spoke on new developments and investment opportunities…
Asia Securities Advisors (Pvt) Ltd. acted as the buy-side advisor and Asia Securities (Pvt) Ltd acted as the executing stockbroker to the Blackstone Group in its landmark acquisition of Piramal Glass Ceylon PLC today (30). Company said this transaction reaffirms Asia Securities’ position as the preferred investment banking and stockbroking partner to the most sophisticated…
The Colombo Stock Exchange (CSE) recorded its highest daily turnover of Rs 7.4 bn, since the previous high of Rs 23 bn recorded on 01st February 2021. Furthermore 6.2 bn crossing of Piramal Glass Ceylon PLC records as the single largest transaction since 01st February 2021. The market further recorded a total share volume of…
Sri Lanka’s leading plastic recycler Eco Spindles (Pvt.) Ltd, a fully-owned subsidiary of BPPL Holdings PLC, was recently ranked among the Global Recycling Foundation’s top ten #RecyclingHeroes of 2021. This achievement marks a monumental milestone for the local recycling giant, as the Global Recycling Foundation meticulously processes nominations received by progressive companies, individuals and communities…
Phase 1 to see production increase of 65% Phase 2 to increase capacity by 125% by June CEAT Kelani Holdings has announced another significant increase in production that will more than double the number of Truck Bus Radial (TBR) tyres reaching the domestic market by June this year, further supporting the national effort to reduce…
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