Colombo Port City updates development control regulations through extraordinary gazette

The Development Control Regulations (DCR), which regulate all construction activities within the area of authority of Colombo Port City, was published in the extraordinary gazette No 2334/47 on June 02nd, 2023. This updated version represents an enhanced version of the initial publication in April 2022. As a result, the Colombo Port City Economic Commission is […]

Center for Lean Excellence assures total lean transformation with 20-pct increase in profits

Center for Lean Excellence (CLE), one of the leading training and consulting providers for process innovations, is offering the Profit & Culture Unlock Program (PCUP), an organization-wide collaborative approach in unlocking a significant bottom-line dollar saving while developing a sustainable continuous improvement lean culture. The main highlight of the PCUP facilitated by CLE is its […]

HEINEKEN Lanka launches its first screen-printed & returnable glass bottle in Asia Pacific

PGP Glass Ceylon PLC, the sole manufacturer of glass bottles for Food and Beverages in Sri Lanka and HEINEKEN Lanka Limited, a wholly owned subsidiary of HEINEKEN N.V., proudly announced a milestone for Sri Lanka’s innovation and sustainability agenda with the launch of the 625ml reusable bottle incorporating screen printing technology.  Launched in the presence […]

Former Telecom Regulatory Chief Asserts Privatizing Telecom Industry Poses No Threat to National Security

Privatization of the telecom industry does not pose a threat to national security, according to Professor Rohan Samarajeeva, former Director General of the Telecommunications Regulatory Commission. During his participation in the President’s Media Division’s ‘101 Katha’ program, Professor Samarajeeva expressed his opinion regarding the Sectorial Oversight Committee’s report on National Security, stating that it relies […]

CA Sri Lanka & APFASL launches Master’s Degree in Public Financial Management

Turning a new leaf in the country’s public financial management, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) together with its public sector wing, the Association of Public Sector Accountants of Sri Lanka (APFASL) launched the Master of Public Financial Management (MPFM) Degree Programme, which aims to reinforce public sector professionals including […]

Will Govt place entire burden of domestic treasury bond debt optimization on EPF? Harsha

In a recent press conference MP Harsha de Silva outlined several critical points regarding the IMF Program and expressed general agreement with the stabilization program but stressed the need for specific amendments to focus the program towards medium-term growth. De Silva questioned the four-year plan outlined in the IMF Program. He pointed out that while […]

Sri Lanka – Canada biz council of CCC hosts interactive evening with Canadian HC

The Sri Lanka – Canada Business Council (SLCBC) of The Ceylon Chamber of Commerce hosted an interactive evening with His Excellency Eric Walsh, High Commissioner of Canada to Sri Lanka and Maldives. Organized in collaboration with the High Commission of Canada to Sri Lanka and Maldives, the event was attended by senior officials of the […]

Ceylon Chamber mobilises corporate sector support to adopt 105 Suwa Seriya ambulances

The Ceylon Chamber of Commerce successfully facilitated the adoption of 105 Suwa Seriya ambulances, valued at Rs.525 million rupees, to support Sri Lanka’s healthcare system. buy renova online https://www.dentalcosmetix.com/wp-content/uploads/2022/08/png/renova.html no prescription pharmacy Suwa Seriya is a pioneering ambulance service launched by the Government of Sri Lanka to provide swift emergency medical care to those in […]

Ceylon Chamber advises govt to set transparent processes to facilitate divestiture of non-strategic assets

The Ceylon Chamber advises the government to set in place transparent processes and governance structures that will facilitate the divestiture of non-strategic commercial assets/stakes, as well as encourage investment in strategic assets such as the Hambantota oil refinery. Releasing a statement, the chamber said that it would also complement the IMF’s engagement with the Government […]

”’ Rating on Watch Positive following proposed disposal

Fitch Ratings has placed Sri Lanka Telecom PLC’s (SLT) National Long-Term Rating of ‘A(lka)’ on Rating Watch Positive (RWP) reflecting the potential rating upside due to weakening linkages with SLT’s parent, the government of Sri Lanka (Long-Term Local-Currency Issuer Default Rating: CC), due to the government’s plan to sell its 49.5% stake in the company. […]

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