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Fitch rates Sri Lanka-based People’s Insurance A+(lka); outlook stable

 News
Feb 282018
 

Over 80% of People’s Insurance’s business was channelled from the group in 2017, mainly by way of referrals from its immediate parent, People’s Leasing & Finance PLC (PLF, B/AA-(lka)/Stable), a leading vehicle leasing financier in Sri Lanka. People’s Insurance operates predominantly via 124 …

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Approach of the SLIM – Nielsen People’s Awards

 News
Feb 282018
 

The selection of the winners in most awards in Sri Lanka is based on either a selection criterion or the judgment of a panel of judges. People’s Awards is the only award … The People’s Award tag line, ‘The True Voice of Sri Lanka‘, clearly projects the essence of the selection criteria. Therefore, this award …

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Sri Lanka launches National Policy on Reconciliation and Co-existence

 News
Feb 282018
 

Sri Lanka launches National Policy on Reconciliation and Co-existence … into consideration the destruction and damage caused to the society, security and the reputation of all the citizens of Sri Lanka due to the socio- economic unrest including the …

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Sri Lankan business leaders optimistic, plan capital investments

 News
Feb 282018
 

ECONOMYNEXT – Chief executives and equivalent leaders of Sri Lankan companies have expressed optimism about the business climate in the next 12 months with most saying they plan big capital investments, a new survey has found. Almost three-quarters of …

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Janashakthi share buyback pending approval: Sri Lanka regulator

 News
Feb 282018
 

ECONOMYNEXT – Sri Lanka’s insurance regulator has said that a 11 billion rupee share buyback from Janashakthi Insurance has not been approved yet. “We are currently in the process of reviewing certain information received from JIPLC and as such approval has not, to date been given for same,” the …

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Sri Lanka: Rain show to continue over Batticaloa, Trincomalee, Galle

 News
Feb 282018
 

Rain gods have been pouring hefty showers over Sri Lanka for the past many days. It is the third consecutive day when the most parts of the country have recorded heavy downpour.

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Sri Lanka: Human Rights

 News
Feb 282018
 

To ask the Secretary of State for Foreign and Commonwealth Affairs, what steps the Government is taking to help ensure that the Sri Lankan Government observes UN Human Rights Council Resolution 30/1 on promoting reconciliation, accountability and human…

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Cricket: Sri Lanka names 20-man squad for Nidahas Trophy

 News
Feb 282018
 

Sri Lanka Cricket (SLC) named 20-member preliminary squad for the upcoming Nidahas Trophy Twenty20 Tri-Nation Series which begins next Tuesday (6) at the R. Premadasa ICS in Colombo. Dinesh Chandimal has been named as the skipper while the National Sel…

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Srilanka transit visa

 News
Feb 282018
 

I am traveling to India from Maldives through Srilanka with transit time of 55hrs. Is it advisable to apply for transit visa or tourist visa?

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Sri Lanka’s economic outlook, investment opportunities positive – Eran Wickramaratne

 News
Feb 282018
 

Feb 28, Colombo: In order to achieve the goal of becoming an upper-middle income country by 2025, the government of Sri Lanka has formulated a three-year Economic Delivery Programme to Increase per capita income to $5000, create one million new jobs, a…

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