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Pictured here (L to R): Piyum Jayatilaka, Marketing Manager, Singer Sri Lanka, Nilupul De Silva, General Manager Marketing Revello, CBL Foods International, Gayan Perera, VP Events, SLIM presenting the award to Kineta Fernandez, Brand Executive Local Power Brands, Sharina Bandaranayake, Assistant Vice President Local Power Brands and Muaaz Rafeek, Brand Executive International Business Lion Brewery […]
The Ceylon Motor Traders Association (CMTA), the most senior automotive association in South Asia, recently hosted the first CMTA Pre-owned Vehicle Fiesta, which was the first public event put on by the CMTA in over 2 years. This was due the significant challenges brought about by the prevailing economic conditions and the fact that Sri […]
EY Sri Lanka, is scheduled to host a Sri Lanka Banking Conference titled ‘Surfing Through the Crisis’, on the 14th of November 2022, at Galle Face Hotel from 8.30 a.m. onwards. The event is designed to create value for Sri Lanka’s financial sector amidst the prevailing economic crisis. As the largest service providers to the...
Spending his own personal money to make some of those payment as well but this audit, if confirmed, goes a step further to assess the value of the company's assets and determine if there are also any head ones as well because that will allow the government decide whether a bailout is necessary and force as we have in saying, it is impossible to know exact what is happening in china with evergrande and while many don't act a complete bailout it appears evergrande's process is appears evergrande's process is a lot more complicated than originally expected, so how to limit the contagion without s...
Let's bring in our asia business correspondent, mariko 0i. just talk us through the data? well, firstly, we are still very much watching evergrande. is she has hit record lows yesterday after announcing it might not be able to meet some of its financial obligations a couple of weeks ago and of course last week it missed some payments, and the company has now entered a debt restructuring process with chinese authorities. but were still waiting for confirmation from the company or badging. meanwhile, as you said, china released a bunch of economic data and prices of newly built houses, they have...