Ambeon Holdings PLC, a medium sized diversified conglomerate was recently adjudged as the Most Innovative Company in Sri Lanka for the year 2019 by Global Banking and Finance Review – the leading financial and banking magazine in the UK. The Group was recognized and conferred this prestigious award for being future centric, embracing technology, inculcating…
Dialog Axiata PLC, Sri Lanka’s premier connectivity provider launched ‘Sayuru’ a free, tri-lingual and fully-fledged SMS and Voice messages based weather and warning service for fishermen across coastal communities developed by Department of Fisheries and Aquatic Resources in partnership with the Department of Meteorology. A considerable amount of the total population in the coastal areas…
Mr. Sanjaya Mohottala assumed duties on Monday (02) as Director General of the Board of Investment of Sri Lanka, the Investment Promotion Agency of the Government of Sri Lanka. In his address to the senior staff Mr. Mohottala shared his vision for BOI, and how Sri Lanka’s position can be enhanced as an attractive investment…
Hotel Developers Lanka PLC has announced the appointment of Veteran actor Lal Weerasinghe, to its board of directors with effect from 28th February 2020. Accordingly, Lal Weerasinghe will serve in the capacity of Non-Executive Director. Lal Weerasinghe was a Director for the “Social Security Board” from 2010 to 2013. He also served as a Media Secretary for the “Road Development…
Sri Lanka’s finance and leasing sector will face added pressure for consolidation as deadlines for the implementation of tougher capitalisation requirements approach in 2021, says Fitch Ratings. “We view further consolidation of the sector as positive for financial sector stability in Sri Lanka, but the process could be impeded by a challenging operating environment,” the…
SriLankan Airlines’, the National Carrier of Sri Lanka and a member of the prestigious oneworld alliance, revolutionizing its brand building endeavors launched its latest brand video ‘Ode to Paradise’ at PVR Cinemas, One Galle Face recently. The production titled ‘Ode to Paradise’ revisits the fond memories of ‘Blue Waters’ melody through a modern take, featuring…
Disposal of garbage is a stinging and widespread problem in both urban and rural areas. At present, the collection of garbage is carried out using small tractors in areas where the compactor or large tractors cannot reach. Accordingly, the proposal submitted by the Minister of Provincial Councils and Local Government Authorities to procure 10 ‘Kurumbettiya’ bicycles, which has…
In the backdrop of Sri Lanka Cricket’s existing contract for media and sponsorship rights coming to an end on 31st March 2020, SLC launched three separate tender processes for television and radio rights (broadcasting) rights, digital rights and production services in respect of the ICC Men’s Future Tour Programme for the period 2020- 23, by issuing…
Officials of the National Academy for Planning and Development (NAPD) of the Government of Bangladesh recently visited the Hambantota International Port (HIP). The visit was facilitated by HIP at the request of the Department of National Planning of the Ministry of Finance. Tissa Wickremasinghe, COO of HIPG briefed the team on management, business development and…
Sri Lanka Telecom PLC (SLT) the leading Digital Lifestyle Service Provider in Sri Lanka, concluded the financial year 2019 on a high note, with 28% YoY growth in Profit After Tax (PAT) at Rs. 6.3 Bn. The impressive growth was strongly underpinned by the increase in revenues by 6% YoY recorded at Rs. 86 Bn….
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