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May 30, 2022
International Institute of Health Sciences (IIHS) has recently established the International School of Western Australia (ISWA) – www.iswa.edu.lk at Negombo Road, Welisra introducing Western Australian Certificate of Education (WACE) to Sri Lanka for the first time.SCSA, on behalf of the Western Australian Government and IIHS recently entered into an agreement to introduce the internationally recognized […]
May 30, 2022
On May 19, the Asia-Pacific Digital Innovation Congress 2022 opened in Singapore. Huawei, together with the ASEAN Foundation, worked with customers, experts, scholars, and analysts to discuss new scenarios and directions for digital economy and industry innovation. At the “cloud service” industry forum, Jacqueline Shi, President of Global Marketing and Sales Service of HUAWEI CLOUD, […]
May 30, 2022
Warns brands may move to alternate production locations Industry bracing for 20% reduction in orders, export earnings to take a hit Amid rising apprehension of a global economic recession and resulting softening of international consumer demand, Sri Lankaโs Joint Apparel Association Forum (JAAF) reiterated its demand for systemic economic and political reforms to restore stability, […]
May 30, 2022
Records PAT of Rs. 1.5 billion Lanka Hospitals Corporation PLC concluded another successful quarter by recording strong performance with an impressive growth in its turnover and further strengthening the groupโs financial position in the quarter ended 31st March 2022. The hospital group recorded Rs. 2.8 billion in turnover compared to Rs. 2.2 billion recorded in […]
May 30, 2022
In 2022, Emirates completes 35 years of connecting the Maldives, one of the most popular and sought-after destinations in the Indian Ocean, to the world. The island nation also celebrates 50 years of organised tourism this year, catering to a growing customer base in the region witnessing an influx of tourists as travel restrictions ease. […]
May 30, 2022
The Parliamentary Council decided on May 27 to concur with recommendation to appoint career banker Nihal Fonseka as a member of the Monetary Board of the Central Bank of Sri Lanka (CBSL).Fonseka has previously served as a member of the Monetary Board more than one time. The decision to appoint Fonseka was taken at a […]
May 30, 2022
Says challenges likely to persists over the short term Peopleโs Bank yesterday announced the results for the quarter ended March 31, 2022 with consolidated total operating income growing by 51.9% to reach LKR 42.6 billion, whilst total operating expenses increased by only 0.3% to LKR 13.1 billion despite inflationary pressures; reflecting sound cost control and […]