By Dr. Hemakumara Nanayakkara Ever since April 2021, Sri Lanka’s agriculture and plantation sectors have been beset by needless difficulties as a result of an announcement, seemingly made on a whim, that Sri Lanka would switch to completely organic agriculture – effective immediately. In doing so, the Government has jarringly halted all progress on efforts…
The Executive Program, launched by the Colombo Stock Exchange (CSE) and University Canada West (UCW) is set to commence on 27th, September 2021. The launch of this exclusive program is a first step in the collaborative efforts for mutual development of the two organizations. The curriculum of the program includes Developing Business Analytics and Risk…
The Information and Communication Technology Agency (ICTA), announces that it received more than 325 entries from applicants for ‘e Swabhimani- Digital Social Impact Awards this year. This is the highest number of entries received in the history of the event. The Digital Social Impact Awards, e-Swabhimani, recognizes the excellence of the use of Information and…
MillenniumIT ESP – Sri Lanka’s leading Enterprise Solutions Provider – kicked off its global expansion drive by incorporating a new office in Singapore this year. This initiative was undertaken to expand the Company’s business into new markets and capture the growing global demand for enterprise technology solutions by capitalizing on its unique resources, skills sets…
The Governor of the Central Bank of Sri Lanka Professor W. D. Lakshman says that he will be retiring from his position as the governor on September 14, 2021. The Governor made this announcement during a press briefing held today at the Central Bank. Deshamanya Professor W D Lakshman had assumed duties as the Governor…
Joining the trend, a video of an IndiGo air hostess dancing to Manike Mage Hithe on an empty flight has gone crazy viral on social media. Viral Video: If you are active on Instagram, you must have heard the song, ‘Manike Mage Hithe’ as the background track to many Insta reels. The song has created…
The Sri Lanka – Malaysia Business Council of the Ceylon Chamber of Commerce held its 27th Annual General Meeting Virtually. His Excellency Tan Yang Thai the High Commissioner of Malaysia to Sri Lanka graced the occasion as the Chief Guest. Mr. Khalid Farouk was elected as the new President of the Business Council for the…
EFL Global Logistics (Pte.) Ltd (Singapore) a, fully owned subsidiary of Expolanka Holdings PLC (Expolanka), has acquired 100% equity interest of Complete Transport System LLC for a purchase consideration of United States Dollars Six Million One Hundred Thousand Only (USD 6,100,000.00) on the 8th September 2021. Complete Transport System LLC is a company incorporated in the United States offering Bonded…
Sri Lanka’s number one corrugated carton manufacturer, Ex-Pack is proud to announce the unpacking of a new beginning, through its impending initial public offering (IPO) and listing on the Colombo Stock Exchange. Ex-Pack Corrugated Cartons Limited is a wholly-owned subsidiary of Aberdeen Holdings. Formerly known as Expolanka Investments (Private) Limited, Aberdeen Holdings is one of…
Margin Deposit Requirement against the Importation of Selected Non-Essential/Non-Urgent Goods made under Letters of Credit and Documents against Acceptance Terms with Licensed Commercial Banks and National Savings Bank The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 08 September 2021, decided to impose a 100 per cent cash margin…
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