Category: Other
CAL to host inaugural South Asia Investor Conference in Colombo
Sri Lanka’s No. 1 investment banking firm and preferred partner in financial markets, Capital Alliance (CAL), is proud to announce the inaugural South Asia Investor Conference (SAIC 2018), which will be held on 7th and 8th May 2018 at the Taj Samudra Hotel. A joint collaboration between Capital Alliance Securities, Sri Lanka; AKD Securities, Pakistan […]
Advantis projects provides logistics expertise to CEB for improved reliability of national grid
(PRESS RELEASE) – Continuing its leadership in logistics in Sri Lanka, Advantis Projects, the project logistics arm of Hayleys Advantis Limited,recently secured and completed the transportation of 12 transformers and their respective accessories as part of the Ceylon Electricity Board’s project – ‘Construction Of Grid Substations, Greater Colombo Transmission And Distribution Loss Reduction’. Amongst the […]
Lester James Peries: Pioneer of a Sri Lankan cinema tradition
Lester James Peries (April 1919 – 29 April 2018) was a Sri Lankan film director, screenwriter, and film producer.A filmmaker since 1949, Peries was involved in over 28 films, including shorts and documentaries.In 1956, Peries made his entry into national cinema with the globally acclaimed “Rekava”, which was a story based on village life. It […]
”; outlook stable
Fitch Ratings has affirmed Sri Lanka-based consumerdurables retailer Singer (Sri Lanka) PLC’s National Long-Term Rating at ‘A-(lka)’ with a Stable Outlook. Fitch has also affirmed the National rating on Singer’s outstanding senior unsecured debentures at ‘A-(lka)’. A full list of rating actions is at the end of this commentary. The affirmation of Singer’s rating reflects […]
Japan confers a prestigious decoration upon Professor Carlo Fonseka
On 29 April 2018, the Government of Japan announced the conferment of “The Order of the Rising Sun, Gold Rays with Neck Ribbon” upon Professor Carlo Fonseka, in recognition of his significant contribution to the promotion of Japanese culture in Sri Lanka. His Excellency Mr. Taro KONO, Minister for Foreign Affairs of Japan, sent a […]
Sri Lanka preliminary round for 2018 K-Pop World Festival
The Preliminary Round for Sri Lanka for the 2018 Changwon K-Pop World Festival will be held on 14 July 2018, at the Bishop’s College Auditorium, organized by the Embassy of the Republic of Korea. The Changwon K-Pop World Festival, which celebrates its eighth anniversary this year, will be held on 5 October 2018, in Changwon, […]
Netherlands Embassy hosts floriculture event at National Day celebrations
the Embassy of the Kingdom of Netherlands perfumed Trace Expert City with the scent of flowers, as it held a series of events to celebrate the floriculture industries of Sri Lanka and the Netherlands. The programme consisted of a floral arrangement competition, exhibition and a training workshop with floriculture experts from the Dutch agricultural vocational […]
Pan Asia Bank posts Rs 498 mn PBT in 1Q
(PRESS RELEASE) – Pan Asia Banking Corporation PLC reported Rs 498 million in profit before tax for the quarter ended in March 31, 2018 (1Q’18) powered by a steady growth in new loans and improvement in overall margins which was resulted by prudent asset – liability pricing amidst rising market interest rates. This enabled the bank […]
Softlogic introduces the next generation data centre
Educates on upcoming new technologies of world’s largest data center infrastructure supplier Softlogic Information Technologies Pvt Ltd, one of the country’s leading software and hardware solutions providers and a subsidiary of Softlogic Holdings PLC, conducted the latest in a series of events titled “The Future Enterprise” for its corporate customers at The Galadari Hotel […]
Lord Buddha’s Sacred Relics from Pakistan arrived in Sri Lanka
In order to present the richest Buddhist historical legacy to the Sri Lankan people, Pakistan has sent the most sacred relics of the Lord Buddha to Sri Lanka on April 28, 2018 for exposition in connection with the Annual Buddha Rashmi National Vesak Festival.Sri Lankan Minister for Buddha Sasana, Hon.Gamini Jayawickrema Perera along with Parliamentarians, […]
Inaugural talks under SL-AUS Trade & Investment Framework Agreement
Inaugural talks under the Trade and Investment Framework Agreement (TIFA) between Sri Lanka and Australia were held on 19 April in Canberra at the Department of Foreign Affairs and Trade. This was the first bilateral discussion taking place after the TIFA was signed in Colombo on 2 November 2017, during the visit of Australian Prime […]
World Bank approves USD100Mn to help Sri Lanka modernize education system
Apr 27, 2018 (LBO) – World Bank Board of Executive Directors on Thursday approved a 100 million US dollars credit to support Sri Lanka’s efforts to strengthen and modernize its education system. The General Education Modernization Project (GEM) will modernize and diversify the curriculum of general education in keeping with the transformation taking place in […]