The Sri Lanka Consulate General in Mumbai together with the Ceylon Chamber of Commerce (CCC) successfully connected Sri Lankan fresh fruits exporters (avocado and passion fruit) with high-end supermarkets in Mumbai through virtual B2B meetings on 11 February 2021. This was a follow up discussion on the programme launched by the Consulate in September 2020…
• Total assets growth of 18% to LKR 627 Bn • Gross loan book growth of 8% to LKR 444 Bn. Over LKR 18 Bn approved under the CBSL’s “Saubhagya” loan scheme, the fourth highest Bank for such loan approvals • Customer deposits growth of 21% to LKR 490 Bn, CASA growth of 53% •…
The Ceylon Chamber of Commerce and Konya Chamber of Commerce recently entered into a Memoranda of Understanding in order to further strengthen bilateral relations to promote trade, investment and tourism between Sri Lanka and Turkey. The signing was carried out on the request and introduction made by His Excellency Rizvi Hassen, Ambassador for Sri Lanka…
The Planters’ Association of Ceylon issued a statement condemning yet another brutal mob attack that resulted in two more Regional Plantation Company (RPC) employees being hospitalized in critical condition, requesting Prime Minister Mahinda Rajapaksa to intervene and halt the ongoing breakdown of law and order in upcountry tea estates. “This is now the third instance…
The Colombo Stock Exchange (CSE) will be conducting a two-part series of online forums themed ‘Beyond Basics: Excellence in Corporate Governance’. The forums will offer participants an in-depth understanding on the importance of good corporate governance practices and how it would increase investor confidence through transparency and accountability. The first session is set to take…
Sri Lanka’s first Waste-to-Energy Power Plant was officially launched in Kerawalapitiya on the 17th of February 2021, by the Hon. Prime Minister of the Democratic Socialist Republic of Sri Lanka, Mahinda Rajapaksa, together with the Hon. Minister of Power, Dullas Alahapperuma, Hon. Governor of the Western Province, Marshal of the Sri Lanka Air Force, Roshan…
In the face of prevailing COVID – 19 pandemic the Government has taken every possible measure to provide all required facilities notwithstanding the health related restrictions imposed to ensure safety of the public. As the tourism sector is a vital component of the national economy of this country, President Gotabaya Rajapaksa called on the entrepreneurs…
Will encourage world renowned brands to locally assemble vehicles and manufacture components The Ministry of Industries spearheaded by Hon. Wimal Weerawansa is soon to launch the Standard Operating Procedure (SOP) for Local Assembly of Vehicles and Automotive Component Manufacturing to encourage world renowned brands to locally assemble vehicles. Dimantha Jayawardena, President of the Sri Lanka…
PBT stands at Rs. 2.1 Billion Ranked third largest in the Life Insurance market 265,617 policies issued during the year 2020 One in every three policies taken up in 2020 was a Softlogic Life policy, insures 1.5 million Sri Lankan lives Softlogic Life announced that despite all the difficulties associated with a thoroughly disrupted COVID…
Following Statement issued by MAS Holdings on demise of an employee at Shadeline, Mahiyanganaya. It is with a sense of deep sadness that the management of MAS acknowledges the demise of one of our team members who recently tested positive for the COVID-19 virus. Employed at Shadeline in Mahiyanganaya, she tested positive for COVID-19 on the 5th of…
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