Tag: lbo.lk
SriLankan Airlines to start operations to China
SriLankan Airlines is set to renew its commercial operations to China in the first week of April 2023, with a thrice weekly service each to Shanghai, Beijing and Guangzhou as China reopens its borders. China was a leading source market for inbound tourism to Sri Lanka and one of SriLankan’s premier leisure traveller segments before […]
Ceylon Chamber of Commerce launches outlook 2023 report
The Ceylon Chamber of Commerce (CCC) recently launched the 8th edition of its flagship annual Outlook Report for 2023 at the Economic Outlook 2023 seminar. The Report was launched in the presence of Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka who delivered the keynote address. Compiled by the Economic Intelligence Unit […]
British independent schools show keen interest for international school at Port-City Colombo
Senior delegations from three leading British independent schools visited Colombo for discussions with the Colombo Port City Economic Commission and senior management of Port City Colombo earlier this month, pertaining to the development of an International School at the Port City Colombo. These schools are backed by a rich heritage going as far back as […]
Tianjin Port Group and Huawei announce deepening cooperation to build digital twin of port
Tianjin Port Group and Huawei announced this week that the two companies will deepen cooperation to build a digital twin of the port, making it more automated and intelligent. Yang Jiemin, Vice President of Tianjin Port Group, explained that this plan consists of three parts: Construction of new automated terminals, upgrading of traditional terminals, and […]
CFA Society SL and CSE train financial literacy ambassadors from state universities
The Colombo Stock Exchange (CSE) and the CFA Society Sri Lanka wish to appoint “Financial Literacy Ambassadors” from state universities in Sri Lanka and to conduct a training session on financial literacy for them on 26th January 2023, from 9.00 am to 12.00 noon at the CSE Auditorium in Colombo. This is in line with […]
”’; Maintains negative watch
Fitch Ratings has downgraded Co-operative Insurance Company PLC’s (CICPL) National Insurer Financial Strength (IFS) Rating to ‘BBB(lka)’ from ‘A-(lka)’ and maintained the Rating Watch Negative (RWN) following the recent sovereign downgrade and recalibration of the agency’s Sri Lankan national rating scale. The recalibration is to reflect changes in the relative creditworthiness among Sri Lankan issuers […]
Delegation of UAE investors visits Port City
A delegation of investors from the United Arab Emirates, led by His Royal Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, visited Port City Colombo on the 14 th of January 2023, during a special visit to Sri Lanka for the purpose. Discussions were held between the members of the delegation, representatives from the […]
Ombudsmen of Sri Lanka and Türkiye signs bilateral cooperation MoU
On the sidelines of the International Ombudsman Conference 2023, the Office of the Parliamentary Commissioner for Administration (Ombudsman) of Sri Lanka and Ombudsman Institution of Türkiye has entered into Memorandum of Understanding (MoU) recently in Ankara. The Memorandum of Understanding between the Office Ombudsman of Sri Lanka and Ombudsman Institution of Türkiye was signed in the presence […]
French collaboration for capacity building in the Sri Lankan Rubber industry
The Ministry of Plantation Industries of Sri Lanka entered into a Memorandum of Understanding with a French expert in the rubber industry, KSAPA, for capacity building of Rubber Smallholders in Sri Lanka. A Memorandum of Understanding (MOU) between the Ministry of Plantation Industries of Sri Lanka and KSAPA was finalised with KSAPA Managing Director, Raphael […]
CA Sri Lanka inspires entrepreneurs and businesses to successfully navigate through crisis
With crises becoming a regular phenomenon in Sri Lanka and the ongoing economic crisis impacting entrepreneurs and businesses alike, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) took the lead to educate and inspire entrepreneurs and businesses on how to bounce back from the current crisis at its second regional conference in […]
SLASSCOM to lead sustainability practices in IT/BPM sector
With environmental, social and governance (ESG) principles taking center stage due to the pressing climate issues and the “code red for the planet” SLASSCOM, the national chamber for the IT/BPM industry in Sri Lanka, has prioritized the need to embed ESG across the IT/BPM industry and has been instrumental in encouraging it’s membership to adopt […]
David Cameron visits Port City Colombo
Former Prime Minister of the United Kingdom, David Cameron, visited Port City Colombo development project during a private trip to the island. Cameron engaged in a discussion with Reyaz Mihular – Commission Member and Vindhya Weerasekera – Director Legal and Corporate Affairs of the Colombo Port City Economic Commission; Yang Lu – Managing Director of […]