CPA Australia grows presence in Sri Lanka with local liaison. Sri Lankan and Australian government officials attend official reception. CPA Australia and HLB Lanka Business Advisory to support local accountants. One of the world’s largest accounting bodies convened with Sri Lankan government officials today, strengthening the organisation’s expansion plans in the country. CPA Australia Chief…
The government will not heed orders or advice from any other party except Parliament with regard to debt optimization measures – President Ranil Wickremesinghe. President Ranil Wickremesinghe stressed the government’s financial accountability to Parliament, making it clear that they will only adhere to the instructions and orders of the Parliament in the debt optimization program….
The ninth Annual General Meeting of the Condominium Developers Association of Sri Lanka (CDASL) was held on the 05th of July 2023 at The Ceylon Chamber of Commerce. The event witnessed the appointment of the Chairman of CDASL for the year 2023-2024, Mr. Pinsiri Fernando, with participation from industry leaders and experts, charting the path…
Sri Lanka’s recent decision to either temporarily ban or restrict palm oil cultivation has attracted significant attention both domestically and internationally. As a result, the Asian Palm Oil Association (APOA), a multilateral body representing the industry across India, Bangladesh, Nepal, Sri Lanka, and Pakistan, has expressed concerns about the significant negative impact of these policy…
The Pakistan Sri Lanka Business Forum (PSLBF) in collaboration with the Sri Lanka Consulate General Karachi organized a Pakistan Business Delegation to Sri Lanka from 18-22 July 2023 with a view to enhancing business relationship between the private sector companies. This delegation is in reciprocation of the recent visit of the trade delegation arranged by the…
The Initial Public Offering (IPO) of Shares of Agarapatana Plantations Limited, one of Sri Lanka’s leading, innovation-driven plantation companies, will open next week on the 10th of August at 9.00 a.m. The Issue will see 83,070,111 or 16.61% of the Ordinary Voting Shares of Agarapatana Plantations Limited offered to the Public at an Issue Price…
President’s Senior Adviser on National Security and Chief of Presidential Staff Mr. Sagala Ratnayaka said that President Ranil Wickremesinghe’s aim is to revive the construction industry in Sri Lanka and contribute widely to the national economy. Mr. Sagala Ratnayaka made this statement when the “Executive Committee on the Revival of the Construction Industry” met at…
Reuters – Toyota (7203.T) on Wednesday unveiled the first hybrid version of its Land Cruiser that it will bring to North America and other key markets as it seeks to put a high-margin and iconic sports utility vehicle back on the map. The world’s biggest automaker by sales said it will produce the new model of the…
The Commercial Bank of Ceylon has signed a milestone agreement with the Seoul-headquartered Global Green Growth Institute (GGGI), a leading international inter-governmental technical advisor on sustainable finance initiatives. The Memorandum of Understanding (MoU) ratified by the two entities sets the stage for a sustainable finance collaboration programme, and enhances Commercial Bank’s readiness to mobilise green…
People’s Leasing & Finance PLC (PLC) has successfully concluded the financial year 2022/23 with an impressive profit after tax (PAT) of Rs. 3.02 billion. Throughout the year, PLC’s performance exhibited resilience and strength, contributing to this outstanding achievement. Despite challenges in the operating context during the first two quarters, the company’s performance notably improved from…
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