Business

HNB Welcomes Suresh Shah to its Board of Directors

HNB PLC has strengthened its Board of Directors with the appointment of Suresh Shah as an Independent Non-Executive Director, showcasing a strategic move towards enhancing governance and strategic direction. Shah’s extensive experience in both the corporate and public sectors, including roles as Chairman of prominent companies like Ceylon Tobacco Company PLC and Director of several

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Business

Vogue Jewellers Shines Bright During ‘Sinhala Avurudu’ Festivities

Vogue Jewellers recently lit up the Sinhala Avurudu season with a joyous celebration that encapsulated the vibrant spirit of tradition and unity. The event saw the presence of esteemed personalities such as renowned Designer and Fashion Consultant, Michael Wijesuriya, Dhanushka Chaturanga from Salon Liyo, and Theekshani Kariyawasam from Salon Bonitha, alongside Senior Management and staff

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Business

Colombo Leadership Academy Recognizes Pan Asia Bank as Outstanding Managers in 2023

Pan Asia Bank has been recognized as a company with exceptional managers in 2023 by the esteemed Colombo Leadership Academy. The Great Manager Awards 2023, organized by the Academy, celebrates top conglomerates that exemplify best practices in nurturing great managers, showcasing ideal leadership qualities, commitment, and excellence within their organizations. This recognition highlights Pan Asia

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Business

EASL Urges Sri Lanka to Prioritize FTAs Beneficial to National Interests

Sri Lanka’s export sector leaders are calling for a renewed focus on Free Trade Agreements (FTAs) to boost the country’s exports, as highlighted by Ranil Goonetilleke, Chairman of the Exporters’ Association of Sri Lanka (EASL). Speaking at a joint press briefing organized by the National Chamber of Exporters of Sri Lanka (NCE) and other export-related

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Business

Litro Gas Unveils Cutting-Edge Mabima Storage and Bottling Facility with Rs. 1 Billion Investment

Litro Gas marked a significant milestone with the ceremonial commissioning of its revamped storage and bottling facility at Mabima, Sapugaskanda. The event, graced by Chief of Staff and National Security Advisor Sagala Rathnayaka, showcased Litro Gas’s commitment to operational excellence and national energy security. The refurbished Mabima facility, originally established in 1984, has undergone a

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Business

Canada Commits to Sustained Development Aid as Sri Lankan Citizens Demonstrate Dedication to IMF Reform Agenda, Notes Semasinghe

The Canadian government has reaffirmed its commitment to supporting development programs in Sri Lanka, particularly focusing on agricultural modernization and assistance to small and medium-scale farmers. This announcement came following a discussion between High Commissioner Eric Walsh and Minister of State for Finance Shehan Semasinghe at the Ministry of Finance. High Commissioner Walsh emphasized Canada’s

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Business

State Minister Calls for Evaluation on Lifted Restrictions on Vehicle Imports

Minister of State for Finance Dr. Ranjith Siyambalapitiya has requested a special report from vehicle importers regarding the removal of vehicle import restrictions and its potential impacts. This report, compiled by industry experts, is expected to play a pivotal role in determining the future of vehicle imports in the country. During a meeting between the

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Business

Warning: Aging Population Challenges Loom for Developing Asia and Pacific Region; Sri Lanka Emerges as Leading Concern

Aging populations in Georgia and Sri Lanka are raising concerns about the sustainability of pension systems, as highlighted in a report released at the Asian Development Bank’s 57th Annual Meeting in Tbilisi, Georgia. Aiko Kikkawa, Senior Economist at the Asian Development Bank, noted that while pension coverage is relatively high, declining birth rates necessitate greater

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Business

Dialog Axiata Redoubles Commitment to GSMA’s Connected Women Initiative, Bolstering Digital Inclusion Efforts

Dialog Axiata PLC, Sri Lanka’s leading connectivity provider, has reaffirmed its commitment to gender equality and digital empowerment by renewing its pledge to the GSMA’s Connected Women Commitment Initiative. This initiative highlights Dialog’s ongoing efforts to bridge digital divides and empower Sri Lankan women through improved access to mobile internet and mobile money services, addressing

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Business

SDB Bank Enhances Corporate Website with Trilingual Upgrade, Enhancing Customer Interactions

SDB Bank, renowned for its customer-centric approach, has recently unveiled an upgraded tri-lingual corporate website, aligning with the modern demand for digital convenience. This strategic move is part of the bank’s broader digital roadmap aimed at enhancing customer engagement through accessible and efficient touchpoints. The revamped website boasts a sleek user interface that is not

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