In an unparalleled effort to support the backbone of Sri Lanka’s tea production industry, Seylan Bank, the Bank with a Heart, has become one of the Participating Financial Institutions in a scheme introduced by the Asian Development Bank (ADB) and the Ministry of Finance to develop the island’s tea smallholders. ADB, via the Project Management…
The Lanka Premier League 2022 wishes to announce the appointment of Sri Lankan legend Sanath Jayasuriya and Pakistani legend Wasim Akram as the “Brand Ambassadors” of the Lanka Premier League 2022. Sanath Jayasuriya, one of the most destructive limited-overs batsmen the cricket world has seen, represented Sri Lanka across all formats, scoring over 20,000 international…
Mr. Kosala Gamage was elected to the Board of the Colombo Stock Exchange (CSE) with effect from 20 October 2022. Mr. Gamage is the Managing Director of Lanka Securities Pvt Ltd which is a joint venture Stockbroking Company of the Bank of Ceylon group and First Capital Securities Corporation, Pakistan. Mr. Gamage started his career…
By Prof. Samitha Hettige Diwali or the festival of light is seen as celebrating a bumper harvest following the arrival of the monsoon. It is celebrated for few days during the last weeks of October mainly by Hindus, Jains and Sikhs (by illuminating their places of association). Some sociologists interpret the celebrations as “victory of…
ESG (Environmental, Social and Corporate Governance) has become an increasingly important topic today, with many technology companies having felt their fair share of pressure into adopting more ESG-forward practices and operational changes within their organizations. As such, SLASSCOM recently partnered with PwC Sri Lanka to conduct an extensive survey of the current position within the IT/BPM industry…
The Sri Lanka Energy Program, funded by the United States Agency for International Development (USAID), partnered with the Sri Lanka Sustainable Energy Authority to conduct a series of training sessions for professionals in building construction and operation, including government and private sector, on applying the Energy Efficiency Building Code (EEBC). The EEBC provides criteria to…
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100) increased to 73.7% in September 2022 from 70.2% in August 2022. This increase in Y-o-Y inflation was driven by the monthly increases of both Food and Non-Food categories. Accordingly, Food inflation (Y-o-Y) increased to 85.8% in September 2022…
The Embassy of Sri Lanka in Belgium conducted an event on 18 October 2022 to celebrate the Protected Geographical Indication (PGI) status granted to Ceylon Cinnamon specifically for Ceylon Cinnamon quills, Ceylon Cinnamon powder, Ceylon Cinnamon leaf oil, and Ceylon Cinnamon bark oil by the European Union (EU) in February 2022, and to promote Ceylon…
Reuters – Sri Lanka Central Bank Governor Nandalal Weerasinghe thinks inflation in the island nation is peaking, with price rises likely to ease this month, Bloomberg News reported on Friday. “We think we are seeing the peak of inflation,” Weerasinghe said in a Thursday interview, although there was still some way to go in fixing…
Emirates, the world’s largest international airline, is looking for candidates to join its multinational cabin crew team with an assessment day planned in Colombo on 26 October. The Dubai-based airline is looking for individuals who are passionate about delivering simple yet personalised and impeccable hospitality while creating memorable moments for its customers. Safety being one…
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