Tokyo Cement Company has commenced speedy distribution of a shipment of bagged cement to reach consumers at lowest price in the market. The Company stepped forward to immediately bring down a shipment of cement in bag form, to fill the vacuum created in the market when cement importers discontinued bag cement importation. In this move,…
Senior banker, Damith Pallewatte, who counts over 25 years of experience in key leadership positions at three of Sri Lanka’s leading banks, has been appointed the Chairman of Lanka Ventures PLC and LVL Energy Fund PLC. Pallewatte, whose appointment is effective from 26th November 2021, will also serve as a Non-Independent and Non-Executive Director of…
edotco Services Lanka (Private) Limited (edotco) signed an agreement with Board of Investment Sri Lanka (BOI) recently to include a further 400 Multipurpose Smart Street Lamp pole locations, to its investment portfolio. edotco Sri Lanka is a fully owned subsidiary of the world 7th largest telecommunication tower infrastructure company, edotco Group Sdn Bhd, based out…
SLAEA appoints new Executive Committee at its 39th AGM Sri Lanka’s apparel industry has risen to the challenges posed by the pandemic and the sector can contribute further to the country’s economy, provided that all stakeholders collaborate to address critical constraints, apparel exporters point out. These views were expressed at the recent 39th Annual General…
The Consulate General of Sri Lanka in Guangzhou arranged the participation of 5 prominent Sri Lankan tea-manufacturing companies, located in China, in the Tea Exposition held from 25 to 29 November 2021, hosted by the China Tea Marketing Association and Guangdong Tea Profession Association. At the fair, varieties of ‘Ceylon tea’ were displayed and sold…
The Colombo Stock Exchange (CSE) and the University of Kelaniya, Sri Lanka (UOK) jointly announce the signing of a Memorandum of Understanding (MoU) to formalize their collaborative efforts. The MoU calls for cooperation on promoting capital market education among undergraduates by working together on a number of mutually beneficial strategic initiatives. The initiatives, along with…
Gazette Notification for ordering Gems up to USD 3000, Online received the approval of the Ministerial Consultative Committee on Industries yesterday (06) at the Committee meeting held in Parliament. It was discussed that these steps have been taken to promote the gem and Jewellery industry as tourism has been subjected to restrictions given the prevailing…
Triad’s CSO recognised as “South Asia Strategic/Brand Planner” Triad has marked a new milestone in its trajectory of excellence, being named South Asia’s Independent Agency of the Year 2021. In the last 2 years alone, Triad has won 27 international awards. The latest recognition at Campaign’s Agency of the Year Awards, saw Triad becoming the…
The Sri Lanka Pakistan Friendship, Trade and Investment Association vehemently condemns the violent lynching and senseless murder of a Sri Lankan national Mr. Priyantha Kumara in Sialkot, Pakistan yesterday. Nobody has a right to take away a fellow human being’s precious life in this brutal and undignified manner. A delegation from our Association led by our…
Says Saminda Jayasekara, Attorney-at-Law According to the report on Land Tenure Considerations in Sri Lanka’s Proposed National REDD+ Strategy Sri Lanka UN-REDD Programme, 82.25% of the land in the country is owned by the government while only 17.75% is owned privately. As the value of this land appreciates each year, and property is transacted between…
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