The Commercial Bank of Ceylon has been crowned Sri Lanka’s ‘Bank of the Year’ by the respected ‘The Banker’ magazine of the UK, the Oscar equivalent of the banking fraternity. This is the 12th occasion that Commercial Bank has won this coveted award which is presented in recognition of the Bank’s ability to deliver returns,…
Only Public Sector Bank from Sri Lanka to be podiumed People’s Bank today announced that its 2021 Annual Report garnered yet another honour at the recently concluded South Asian Federation of Accountants (‘SAFA”) Annual Report Awards 2022, receiving Joint Bronze in the Public Sector Bank category. The Awards are conferred based on the criteria of…
SriLankan Airlines is organizing the first-ever series of meetings in Sri Lanka for Entrepreneurs’ Organization (EO) Nepal as part of its ramped-up efforts to help the country rebuild and grow tourism. The airline’s commercial strategy and product portfolio caters to many different types of travellers, and MICE (Meetings, Incentives, Conferences & Exhibitions) tourism remains a…
Sri Lanka’s leading plantations company, Hayleys Plantations, supported by Japan Sri Lanka Technical and Cultural Association (JASTECA), hosted an exclusive tour to Pedro Estate in Nuwara Eliya, part of Kelani Valley Plantations PLC, for the Ambassador of Japan to Sri Lanka, His Excellency Hideaki Mizukoshi, Madam Mizukoshi and Second Secretary – Political/Economic & Development Cooperation/Protocol…
President Ranil Wickremesinghe invited the Rotary Club to join Sri Lanka’s National Food Security programme to ensure a self-sufficient country by next year. He said that Sri Lanka has established a combined mechanism which is working together with the government and the private sector to organize growing of food for the supply chain, storing and…
WeChat video call 300 meters underground, supporting real-time communication in emergencies On December 15, the 4G industrial ring network that can be upgraded to 5G was officially launched in the smart mining area of Asia-Potash International Investment in Khammouane province, 350 km away from Vientiane, Laos’ national capital. A miner made the first WeChat video…
Deutsche Bank AG has moved to the prestigious One Galle Face Tower (OGFT) marking a historic step in the bank’s journey in Sri Lanka. “Our move to this new and sustainable premises provides us with flexibility and scalability to meet the evolving needs of our clients and the business. The brand new & modern workspace…
President Ranil Wickremesinghe instructed the officials to take immediate steps to develop the Ella tourist area according to a grand comprehensive plan. The President also informed the officials to prepare the relevant development plan within 4 months together with the Ministry of Tourism, the Ministry of Urban Development and the Ministry of Environment and submit…
Dec 16 (Reuters) – India’s rupee trade settlement mechanism, a means of using rupees instead of dollars and other big currencies for international transactions, is attracting interest from more countries. Tajikistan, Cuba, Luxembourg and Sudan have begun talking to India about using the mechanism, according to two sources and an official document reviewed by Reuters….
As a result of an incident that happened yesterday (15), well-known businessman Mr. Dinesh Schaffter passed away. This is a brief note about Mr. Dinesh Schaffter‘s business career. Dinesh Schaffter served as the Managing Director of First Capital Holdings PLC and its subsidiaries. He has a background in finance, and substantial expertise of over 25…
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