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Appointment of Directors to the Board Of First Capital

First Capital Holdings PLC, a member of the Janashakthi Group, announced that Ms. Manjula Mathews has been appointed as the Deputy Chairperson to its board and Dilshan Wirasekara the current Director/CEO has been promoted to Managing Director/CEO. Manjula Mathews, a Fellow Member of the Chartered Institute of Management Accountants (UK) and an Alumnus of the…

(0)Comments | December 28, 2022 4:56 pm

President on an observation tour of the Ambewela Farm

President Ranil Wickremesinghe instructed the Nuwara Eliya District Secretary and Commissioner to immediately provide 30 acres of abandoned land adjacent to the Ambewela Farm to them and provide the necessary facilities to develop it as grazing land to meet the food requirement of the dairy cows. President Ranil Wickremesinghe issued these instructions yesterday (27) during…

(0)Comments | December 28, 2022 3:20 pm

India makes inroads into Sri Lanka under China’s long shadow

Reuters – When Sri Lanka slid into its worst economic crisis in seven decades leading to deadly riots and alarming shortages of fuel, food and medicines earlier this year, its giant northern neighbour stepped into the breach. India provided about $4 billion in rapid assistance between January and July, including credit lines, a currency swap…

(0)Comments | December 28, 2022 1:31 pm

Sri Lanka shines at “3rd International Thai Silk Fashion Week” in Bangkok

Embassy and Permanent Mission of Sri Lanka in Bangkok coordinated the participation of Creative Director of Buddhi Batiks Darshi Keerthisena at the “3rd  International Thai Silk Fashion Week”  held at Royal Paragon Hall, Siam Paragon, Bangkok. SriLankan Airlines was one of the sponsors of Sri Lanka’s participation. The “3rd  International Thai Silk Fashion Week”, the biggest fashion…

(0)Comments | December 28, 2022 12:37 pm

ComBank places Sri Lanka on global map at UN Climate Change Conference 

The Commercial Bank of Ceylon recently had the distinction of being featured to a global audience as one of 25 banks around the world that are working to promote environment consciousness among their customers. The occasion was the United Nations Climate Change Conference (COP 27) at which Doconomy AB, the Sweden-based impact-tech solutions company which…

(0)Comments | December 28, 2022 11:37 am

The exclusive business barometer falls and withdraws its promise of hope

Business Sentiment – The Mercury Drops As 2022 Ends As nitty-gritties with regard to the IMF bailout are still to be resolved – especially with regard to debt restructuring with Sri Lanka’s creditors and the implications of Budget 2023 sink in – it would seem that corporates have retracted their optimism. THE INDEX The LMD-NielsenIQ…

(0)Comments | December 28, 2022 7:26 am

Sri Lanka recorded over 700,000 tourist arrivals so far this year

Minister of Tourism Harin Fernando states that 701,331 tourists visited Sri Lanka between January 2022 and December 26, 2022. The minister pointed out that the government expects tourist arrivals to hit 720,000 in total by the end of 2022. The number of tourist arrivals in the year 2021 stood at 194,495. According to the summary…

(0)Comments | December 28, 2022 7:21 am

Embassy of Sri Lanka in Brazil networks with Brazilian media to promote Sri Lankan Tourism, Cuisine and Ceylon Tea

The Embassy of Sri Lanka in Brazil had a networking session with Brasilia based Printed and Electronic Media Journalists to promote Sri Lankan Tourism, Food and Ceylon Tea as part of the Trade and Tourism promotion initiatives of the Embassy, at its premises on 21 December, 2022. In his address to the journalists, Ambassador of Sri…

(0)Comments | December 28, 2022 7:12 am

Sri Lanka and Cambodia Exempt Visa for holders of Diplomatic and Official Passports

The Agreement on Exemption of Visa Requirements for holders of the Diplomatic and Official Passports between Sri Lanka and Cambodia signed on 10 May 2022, at the Ministry of Foreign Affairs and International Cooperation at Phnom Penh by Ambassador and Permanent Representative, C.A.  Chaminda I  Colonne  of Sri Lanka, and Koy Kuong the Secretary of State…

(0)Comments | December 27, 2022 4:05 pm

All paddy farmers to receive free TSP fertilizer in 2023 through USAID and FAO

Amount of fertilizer allocated per farmer displayed at all Agrarian Service Centers until 5 January The Food and Agriculture Organization of the United Nations (FAO), with funding through the United States Agency for International Development (USAID), will distribute 36,000 metric tonnes of Triple Super Phosphate (TSP) fertilizer to all paddy farmers in Sri Lanka through…

(0)Comments | December 27, 2022 2:26 pm

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