Travelling with Nihal Fernando-by Rajitha Ratwatte Source:Island To commemorate the 94th Birthday Nihal Fernando which falls on August 8 CRACK OF DAWN! used to be the cry as the maestro knew the magic of the early morning light and how to harness it for photography. Crack of dawn it was, be it in the frosty cold mornings of Horton Plains or his beloved dry zone jungles or even the steamy humidity of the mighty Sinharaja. The Land Rover had to be coaxed into life (not always a simple procedure) and yours truly in the role of “charioteer” or driver in mundane parlance would set off with Nihal Fernando either in the passenger seat or perched in the back, his cameras, and lenses in wild disarray around him, to capture some of the indescribable beauty that is part of Island of Serendib “seven leagues (?) from the fountains of paradise”. We never ...
elanka Finance
Extending magnitude of support for Sri Lankan prospective exporters-By Nihal Surawimala Source:Island With the unprecedented outbreak of COVID-19, almost all the economies have been jeopardized in various ways. With even the mighty economic powerhouses around the globe feeling the pain, it is no point of exaggeration, how the pandemic hindered the emerging economies including that of Sri Lanka. With the objective of revamping businesses affected by the COVID-19 pandemic, the CBSL, in consultation with the Government of Sri Lanka, has initiated various economic measures, considering the turbulent situation and constraints of repayment that have arisen with the pandemic. Bank of Ceylon, being the number one bank and premier state bank, has been in the forefront of executing the relief packages, introducing novel digital banking products to uplift the entire economy and helping Sri Lankan citizens realise their aspirations. Standing tall as a pillar of support to its valuable clientele, the ...
Aug 14, 2021
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elanka Finance
Tagged Covid 19, University of Sri Jayawardenapura
ComBank named Sri Lanka’s Domestic Trade Finance Bank of the Year Honored by Asian Banking and Finance for innovation, exceptional service and resilience in pandemic-impacted year. Aug 12, Colombo: The Commercial Bank of Ceylon has been recognized as Sri Lanka’s ‘Domestic Trade Finance Bank of the Year’ at the 2021 Asian Banking and Finance (ABF) Awards under the ‘Wholesale Banking Awards’ category that honors banks that have successfully handled significant deals or launched innovative initiatives to deliver exceptional services for their clients. This significant accolade was bestowed on Commercial Bank for its initiatives to strengthen customer relationships, improve service standards, deliver innovative solutions and for being resilient, resisting disruption, and emerging with a stellar performance in the year reviewed, despite the debilitating effects of the COVID-19 pandemic. The Bank’s accomplishments in trade finance are underscored by its performance related to key indicators including (trade) market share, turnover, revenue, credit facilities ...
Aug 13, 2021
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Tagged Ceylon, Commercial Bank, Domestic Trade Finance Bank
EDB to boost national logistics via marketing plan Source:- www.ft.lk Invites proposals by 27 August from eligible marketing agencies with PR skills to position SL as Indian Ocean maritime, logistics and distribution hub The Export Development Board (EDB) is accelerating efforts to develop a national logistics marketing plan involving digital and non-digital promotions to position Sri Lanka as the Indian Ocean maritime, logistics and distribution hub providing all services and facilities. As the apex State institution responsible for the development and promotion of exports, the EDB is inviting proposals from eligible marketing agencies with Public Relations (PR) skills to develop a national logistics marketing plan and implement digital and non-digital promotions. The marketing agency will be selected in accordance with the procedures set out in the guidelines for selection and employment of marketing agencies published by the National Procurement Agency (NPA). The consultancy firm will be chosen under the Quality ...
UN Food Systems ‘Best Small Business Award’ goes to northern project by MA’S Kitchen Source:-www.ft.lk North Lanka Family Foods Ltd., a community investment in Pali, in Northern Sri Lanka by MA’S Tropical Food Processing Ltd., has received the UN Food Systems Summit Best Small Business award. The worldwide award is given to small businesses that have positively impacted the global food systems and showcase innovative ways to sustainably deliver good food and livelihoods for all. North Lanka Family Foods is the only Sri Lankan company to receive the award this year. At the end of the internal conflict, MA’s actively searched for areas in the northern districts for an opportunity to invest and advance the country’s initiatives in peace and reconciliation. North Lanka Family Foods was initially set up in the area when taking over a shutdown micro-dairy in Kilinochchi in 2013, over the next seven years and with ...
Aug 6, 2021
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Tagged Best Small Business Award, UN Food Systems
Oil and gas exploration in Mannar Basin mapped Source:-www.ft.lk Energy Minister Udaya Gammampila in a gazette notification has published a map of blocks for joint exploration for oil and gas in the Mannar Basin. Titled ‘Hydrocarbon exploration block map of Sri Lanka,’ the map outlines the blocks for exploration licences, development licences and joint studies. The publication covers all areas identified to contain oil and gas deposits in Sri Lankan waters by the Petroleum Resources Development Secretariat, for exploration. The map contains 873 blocks of 15×15 km each in the Mannar Basin, and will enable investors to select preferred plots for exploration without difficulty. The Energy Ministry has endeavoured to make the map and exploration process engaging to investors in the Mannar, Kaveri and Lanka basins. The Ministry noted that several foreign investors had expressed interest in the mapped blocks. The newly-published map and process is aimed at attracting the ...
Aug 6, 2021
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Tagged Energy Minister Udaya Gammampila, Hydrocarbon exploration block map of Sri Lanka, Petroleum Resources Development
KPMG webinar on ‘Port City Act: An in-depth analysis’ on 6 August Source:-www.ft.lk The KPMG Academy will present the 23rd virtual session of the ‘Friday Mid-Afternoon Chat’ series on 6 August at 3 p.m. This session will have KPMG experts deliberate on ‘Port City Act: An in-depth analysis (including tax ramifications on distinct scenarios)’. The Colombo Port City Economic Commission Act, No. 11 of 2021 was certified on 27 May. The enactment of the Port city Act with exemptions from statutes listed in ‘Schedule III’ and scope for exemptions to be granted (within a set framework) from the Statutes in ‘Schedule II’ of the Act has many permutations and combinations for prospective investors, residents, and other stake holders. This webinar will analyse these interesting aspects. An in-depth understanding of the key provisions of the Act is of utmost importance for decision makers to strategise the future path of their respective ...
Aug 6, 2021
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elanka Finance
Tagged KPMG in Sri Lanka Principal, KPMG webinar, Port City
JKSB : STOCK NEWS AND RESULTS UPDATE 05-08-2021 Download the PDF file . Download the PDF file . ...
National Chamber successfully concludes online B2B event with Turkey, signs MoU Source:FT The National Chamber of Commerce of Sri Lanka in association with the Adana Chamber of Industry and Adana Chamber of Commerce in Turkey organised a B2B online meeting session concluded successfully on 29 June which was initiated by Ambassador of Sri Lanka to Turkey M.R. Hassen and Ambassador of Turkey to Sri Lanka Demet Sekercioglu, with the participation of Adana Chamber of Industry Vice President Bülent Başer, Adana Chamber of Commerce President Atila Menevşe, National Chamber of Commerce of Sri Lanka President Nandika Buddhipala and a large gathering of Sri Lankan and Turkish companies. The objective of this meeting was to create awareness and to explore trade opportunities for Sri Lankan exporters in the Turkish market. Ambassador M.R. Hassen, during his opening remarks, welcomed and thanked three Chambers for showing keen interest in connecting with each other through ...
Jul 31, 2021
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Tagged Atila Menevşe, Bandula Dissanayake, Nandika Buddhipala
Expert panellists share insights into trade opportunities with UK and Europe, on ECCSL and CBB joint webinar Source:FT Sri Lanka has an important role to play as Britain shifts its post-Brexit trade strategy to dynamic economies and the Commonwealth, particularly in the Indo-Pacific region. This view, expressed by Brendan Vickers from the Commonwealth Secretariat, gave much good food for thought on a Webinar on 8 July, jointly hosted by the European Chamber of Commerce of Sri Lanka (ECCSL) and the Council for Business with Britain (CBB). The webinar, the second of two discussing the impact of Brexit on business and trade with Sri Lanka, featured a highly distinguished and knowledgeable panel, made up of Consultant Economist specialising in better regulation, governance, Brexit and transport in Ireland Tom Ferris; EY Director – Trade Strategy George Riddell; EDB Chairman and Chief Executive Suresh De Mel; and Commonwealth Secretariat Adviser/Head – International Trade ...
