Category: Other
Unilever Sri Lanka partners with Ja’pura University to nurture corporate leaders
In line with its notable objective of nurturing and empowering a generation of future corporate leaders, Unilever Sri Lanka recently signed an MoU with the Marketing Department of the University of Sri Jayawardenapura. The newly formed synergy will reaffirm Unilever’s commitment to developing a repertoire of skills and competencies among undergraduates across Sri Lanka, and […]
Gotabaya released from all indictments filed over D A Rajapaksa memorial case
Nov 21, 2019 (LBO) – President Gotabaya Rajapaksa has been released from all indictments filed over the alleged misappropriation of public funds for the construction of the D A Rajapaksa Memorial. The Permanent High Court’s Trial at Bar also decided to lift the overseas travel ban imposed on Rajapaksa and to release the impounded passport. […]
Softlogic Life Corporate Office moves to One Galle Face Tower
Marking a new era of unprecedented growth and top-of-the-line service ethos, Sri Lanka’s fastest-growing Life Insurer Softlogic Life has moved its Corporate office to One Galle Face Tower, an international-grade business tower in the heart of Colombo. The strategic move to a spanking new Office Building will include the Corporate Office of the Financial Services […]
Strengthening Right to Information in Sri Lanka
Nov 13, 2019 (LBO) – The Universal Declaration of Human Rights recognizes that freedom of expression includes the ‘right to seek, receive and impart information’. The right to information is, therefore, a fundamental right and an essential component of a democratic society. In Sri Lanka, the right to seek and receive information is a constitutional […]
Softlogic Finance appoints Aaron Russell-Davison new Chairman
Softlogic Finance PLC one of the country’s leading financial services firms, has formally appointed Aaron Russell-Davison as its new Chairman, effective from 24 October 2019. He succeeds Ashok Pathirage who resigned as Chairman of the Board of the Company after serving the regulatory maximum period of nine years. Mr Russell-Davison brings a wealth of experience […]
Sri Lankan spices & other products to benefit from Geographical Indications
Nov 06, 2019 (LBO) – The Food and Agriculture Organization of the United Nations (FAO) and the Ministry of Primary Industries and Social Empowerment of Sri Lanka have launched a project aiming to establish a national system for Geographical Indications (GIs). GIs help consumers identify food and other products originating in a particular geographical location, […]
Finance Ministry has no legal authority to sign MCC: Bar Association of Sri Lanka
Nov 05, 2019 (LBO) – Bar Association of Sri Lanka (BASL) says that the Finance Ministry has no legal authority to sign the MCC Agreement which contains many more matters other than a simple agreement to borrow money from the lender. According to BASL, the proposed agreement goes much beyond a simple loan or grant […]
New network member logo introduced for qualified chartered accountants
Nov 04, 2019 (LBO) – CA Sri Lanka applauded Chartered Accountants Worldwide (CAW) for building international recognition of the Chartered Accounting qualification through the launch of an exclusive network member logo. Exclusively available to over 750,000 qualified chartered accountants who are members of one or more of the 14 institutes which form Chartered Accountants Worldwide, […]
Opinion: Are we finally done taxing Aunty Flo?
By Nishtha Chadha One of the most talked about election promises this week has been Sajith Premadasa’s promise to distribute free sanitary hygiene products. Labelling himself as a #padman, Premadasa tweeted that “until sustainable cost-effective alternatives are found” he promises to provide sanitary hygiene products free of charge. Indeed, access to menstrual hygiene products is […]
StudyAdelaide announces 2020 Brand Ambassador competition in Sri Lanka
StudyAdelaide, an agency of the Government of South Australia to promote Adelaide as an international study destination has launched an Ambassador competition for students in Sri Lanka for the first time. The competition offers an opportunity for student to become ambassadors of Adelaide, as well as an education and lifestyle experiential tour of Adelaide. The […]
ComBank enables Dynamic Currency Conversion at ATMs for foreign Visa Cards
The Commercial Bank of Ceylon has extended its ‘Dynamic Currency Conversion’ (DCC) feature to foreign Visa card holders using the Bank’s ATMs in Sri Lanka, enhancing transparency in the cash withdrawal process for travellers. Commercial Bank is the only bank to offer this service in Sri Lanka to Visa card holders travelling to the country. […]
‘s Chevening Scholarship closing on 5 Nov
Applications for Chevening Scholarships to study in the UK are closing on 5 November 2019, with applications to be submitted via www.chevening.org/apply. Chevening Scholarships are awarded to individuals with leadership potential and strong academic backgrounds.The scholarship offers full financial support for future leaders to study for any eligible master’s degree at any UK university, whilst […]