The Ceylon Chamber of Commerce commends the efforts taken by His Excellency the President, Ministry of Health and other relevant authorities to accelerate the process of vaccinating the population of Sri Lanka to combat the Covid-19 pandemic. The Chamber is pleased to note that the Government has been able to secure a substantial quantity of…
In a first for the commercial real estate industry in Sri Lanka, the Shangri-La Group — one of the world’s premier developers, owners and operators of hotel and investment properties — has appointed JLL (NSYE: JLL) as its exclusive leasing agent for the One Galle Face Tower (OGFT), located in the heart of Colombo. With…
The Central Bank of Sri Lanka (CBSL) wishes to provide the general public and the investor community the following information, while refuting the statements of Rating Agencies that continue to undermine the banking sector’s stability and fuel speculation regarding investments of licensed banks in Government of Sri Lanka International Sovereign Bonds (ISBs) and Sri Lanka…
The Monetary Board of the Central Bank of Sri Lanka, acting in terms of the Regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance, has decided to extend the suspension of Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a Primary Dealer for a further…
Mahela Jayawardena, Warini De Costa, Annika Senanayake, Dinesh Schaffter and Ravi Liyanage join Janashakthi Life’s Board ushering in a new era Janashakthi Insurance PLC, announced exciting new additions to its Board with the appointment of five new directors; Mahela Jayawardena, Warini De Costa, Annika Senanayake, Dinesh Schaffter and Ravi Liyanage. While the new appointments to…
The policy dialogue series is expected to contribute to the National Green Development Agenda The Decade of Action for the Sustainable Development Goals (SDGs) demands the mobilization of everyone everywhere, grounded on a level of ambition that supercharges ideas into concrete, bold and implementable solutions. Thus, we need to renew our determination to enact a…
Reiterates support for strategic transition to organic cultivation Warns of collapse in rural economies in absence of immediate solutions to fertilizer shortage Some smallholder plots already deprived of fertilizer for 6 months Reduction in quality of harvest anticipated by September Calls for compensation scheme proposed by Government to be applied to tea smallholders Sri Lanka’s…
JAT Holdings, Sri Lanka’s trusted industry leader in finishing and furnishing, recently announced the firm’s intention to enter an Initial Public Offering (IPO) on the 20th of July 2021. Prior to the IPO, JAT Holdings will host a virtual forum scheduled for the 08th of July 2021, extending its invitation to the public to partake…
Rate of vaccination increasing exponentially with support of Minister Namal Rajapaksa, Ministry of Health and PHIs Vaccination coverage increased from 5% to 30% in the last few weeks 50% of workforce to receive first jab within next two weeks Targeting 80% to have first dose by August, and entire workforce before the end 2021 Joint…
The COVID-19 global pandemic may have ravaged the global travel and tourism industry, but it has also provided a one-of-a-kind opportunity to press the reset button for the sector. Capitalizing on this opportunity, Sri Lanka Tourism is charting a new environmentally-friendly way forward for the sector to navigate the future in a sustainable manner. Sustainable…
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