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Sri Lanka Ports Authority Announces Appointment of new Managing Director

A new Managing Director was appointed to the Sri Lanka Ports Authority (SLPA) by the Minster of Ports, Shipping and Aviation Hon. Nimal Siripala de Silva Monday (29.05.2023). Accordingly, in a remarkable career progression, Mr. Prabath J. Malavige, a distinguished Senior Port Management and Logistics Professional, has been promoted to the esteemed position of Managing…

(0)Comments | May 30, 2023 4:01 pm

Brazilian Technical Assistance to Dairy and Sugarcane industries in Sri Lanka

High-Level Technical Team of eight professionals from the Federal University of Viçosa, Federal University of Sao Carlos and the Brazilian Cooperation Agency (ABC) is scheduled to undertake a technical visit to Sri Lanka with a view to providing Brazilian Technical Assistance for the development and capacity building of the Dairy and Sugarcane industries in Sri…

(0)Comments | May 30, 2023 3:52 pm

Ayodhya Iddawela Perera poised to lead Sampath Bank as its next Managing Director

Ayodhya Iddawela Perera will take over as the next Managing Director of Sampath Bank PLC effective from the 1st of July 2023. She will succeed the incumbent Managing Director, Nanda Fernando, who will conclude his term in office on the 30th of June 2023, leaving behind a legacy of commitment, excellence, and service to the…

(0)Comments | May 30, 2023 2:16 pm

ComBank adds SLT & LECO to its Automatic Bill Settlement facility for credit card holders

Convenient and automatic monthly settlement of bills now possible for six widely-used utility companies in Sri Lanka Credit card holders of Commercial Bank of Ceylon can now automate paying their monthly bills of Sri Lanka Telecom (SLT) and Lanka Electricity Company (LECO) and enjoy uninterrupted services, following the addition of these two utility companies to…

(0)Comments | May 30, 2023 1:20 pm

ICTA Opens Doors to Thriving IT Businesses in Sri Lanka

The Information and Communication Technology Agency of Sri Lanka (ICTA) has taken steps to register small medium enterprises (SMEs) with the aim of directing the country’s IT and IT related services to the international market. Local IT SMEs that have registered with the AIMs (Access International Markets) national program, a pioneering initiative spearheaded by the…

(0)Comments | May 30, 2023 11:21 am

Toyota’s April global sales rise on stronger demand in Japan, China

TOKYO, May 30 (Reuters) – Toyota Motor Corp’s (7203.T) global sales rose by nearly 5% in April from a year earlier, boosted by stronger demand for hybrids and gasoline-powered cars in Japan and China. The Japanese automaker also reported better overseas sales of battery electric vehicles (EVs), bringing the total number of battery-powered units it sold in…

(0)Comments | May 30, 2023 11:12 am

First Capital Holdings PLC delivers Extraordinary Financial Performance, setting a New Benchmark in its Four-Decade Legacy

First Capital Holdings PLC (the Group), a member of the Janashakthi Group, announces its impressive financial results, and a remarkable turnaround from the previous year, marking the year ended 31st March 2023 its most successful in its 40-year history. The Group’s financial results exhibit an impressive feat, with a Total Comprehensive Income of Rs. 2.71Bn,…

(0)Comments | May 30, 2023 11:04 am

Ethiopia stands ready to work with Sri Lanka in strengthening bilateral relations and multilateral cooperation

Ambassador of Sri Lanka to Ethiopia K.K. Theshantha Kumarasiri presented his credentials to President of Ethiopia, Her Excellency Sahle-Work Zewde on 27 April 2023 at the Presidential Palace in Addis Ababa, Ethiopia. Following the presentation of credentials, Ambassador Kumarasiri was received in the audience by President Zewde, during which Ambassador Kumarasiri conveyed to President Zewde the…

(0)Comments | May 30, 2023 10:53 am

New online passport application system to be initiated

Passports to be delivered to applicants’ residences within three days. The Immigration and Emigration Controller General, Mr Harsha Ilukpitiya, announced that President Ranil Wickremesinghe’s initiative to digitize public services includes the implementation of an online passport application system in the coming days. This new process aims to streamline the passport application process and ensure that…

(0)Comments | May 30, 2023 10:30 am

ADB provides a Special Policy Based Lending of USD 350 Million to support Sri Lanka’s Economic Stabilization Program

Asian Development Bank (ADB) has agreed to provide a Special Policy Based Loan (SPBL) of USD 350 million, for Sri Lanka’s economic stabilization and strengthening governance. The program is aligned with the government plans of economic reforms and recovery. The loan of USD 350 million will be provided from ADB’s Ordinary Capital Resources. The SPBL…

(0)Comments | May 30, 2023 8:56 am

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