President Archives - Lanka Business News

February 7, 2025

Nitesh Banga to succeed Santosh Thomas as Chief Executive Officer SOUTHBOROUGH, Mass. – (February 6, 2025) Virtusa Corporation, a global leader in digital business strategy, digital engineering, and IT services, today announced a leadership transition with the appointment of Nitesh Banga as President and CEO, effective February 3, 2025. Nitesh will succeed Santosh Thomas, who is […]

February 5, 2025

The Sri Lanka Retailers’ Association (SLRA) applauds the recent announcement by President Anura Kumara Dissanayake approving the VAT refund program for tourism. This significant policy reform is a crucial step towards positioning Sri Lanka as a leading retail tourism hub in the region, enhancing its appeal to high-spending international travellers while boosting economic growth. […]

January 22, 2025

22nd January 2025: Past President of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), Mr. Manil Jayesinghe, who also serves as the Chairman of the Accounting Standards Committee of the South Asian Federation of Accountants (SAFA) and the Chairman of the Accounting Standards Committee of CA Sri Lanka, has been appointed to […]

January 21, 2025

Aligned with Sri Lanka’s ‘National Initiative for R&D Commercialization’ launched by H.E President of Sri Lanka and the UAE’s ‘Make it in the Emirates’ strategy, the partnership sets a global precedent for sustainability and innovation. Colombo, Sri Lanka, January 2025 – Inovartic Investment Lanka, a joint venture between Inovartic Investment LLC and Apex Asia Holdings, […]

January 20, 2025

The state visit of His Excellency President Anura Kumara Dissanayake to China deepened the longstanding friendship between the two nations and further strengthened bilateral ties, as both sides explored new avenues for economic collaboration. Among the highlights of the visit was a series of discussions with leading global corporations in China, including representatives from BYD, […]

December 18, 2024

18th December 2024: Adani Group’s investments in Sri Lanka have received strong backing from President Anura Kumara Dissanayake. In an exclusive interview with India’s Economic Times, he emphasized his government’s focus on the conglomerate’s local performance rather than its international dealings. “What is important for us is how they work with us,” President […]

December 16, 2024

Colombo, Sri Lanka – September 4, 2024 – The Association of Private Hospitals and Nursing Homes (APHNH) is proud to announce the appointment of Dr. Ruwan Senatilleke as the new President, along with a distinguished team of office bearers, following the recent Annual General Meeting. Dr. Ruwan Senatilleke, the Medical Director at Asiri […]

December 11, 2024

The Regional Development Committee (RDC) of Sri Lanka Badminton (SLB) felicitated 46 young and aspiring male and female shuttlers who achieved victories at the Novices Age Group Badminton Championship at a special ceremony held at the auditorium of the National Institute of Sports Science in Colombo. The event, held under the patronage of Mr. Roshan […]

November 19, 2024

565400-PressReleaseTMPMu5g7W.jpg-LBN.jpeg

LIMA, PERU – Media OutReach Newswire – 18 November 2024 – Chinese President Xi Jinping has wrapped up his state visit to Peru, where he addressed the 31st APEC Economic Leaders’ Meeting and gave a written speech at the APEC CEO Summit. At these key meetings, President Xi emphasized China’s commitment to fostering an inclusive, balanced, innovative […]

August 27, 2024

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President S. M. Mannan (Kochi) tendered his resignation letter to the BGMEA board seeking relief from the duties of president due to long-term medical conditions. In this context, an emergency meeting of the Board of Directors of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) was held […]

Virtusa Announces Leadership Transition

SLRA Applauds Govt.’s VAT Refund Scheme – Establishing Retail as Key Player in the Economy

CA Sri Lanka’s Past President Manil Jayesinghe Receives Prestigious International Appointment to IFRS Advisory Council

Inovartic Leads UAE-Sri Lanka Breakthrough in Nano Technology Commercialisation

President Anura Kumara Dissanayake Connects with BYD and other Global Industry Leaders in China

Adani Group dealings with other countries not Sri Lanka’s concern – President

Association of Private Hospitals and Nursing Homes (APHNH) Announces New Leadership Team

SLB Regional Development Committee felicitates 46 champion shuttlers

China empowers the development of Asia-Pacific region

Khandoker Rafiqul Islam is the new President of Bangladesh Garment Manufacturers & Exporters Association (BGMEA)