News
People’s Bank in Top 10 ‘Most Admired Companies in SL’
People’s Bank was named among the Top 10 Most Admired Companies in Sri Lanka for the fourth consecutive year by the Chartered Institute of Management Accountants (CIMA), the International Chamber of Commerce of Sri Lanka (ICCSL) and the Daily FT, a bank news release said.
The award was received by People’s Bank Chairman Sujeewa Rajapakse and Chief Executive Officer/General Manager Ranjith Kodituwakku at the award ceremony held recently at the BMICH. T
Indian High Commissioner Gopal Baglay was chief guest and Colombo Mayor Rosy Senanayake the guest of honour. Ceylon Chamber of Commerce Chairman Vish Govindasamy was a special guest.
For over 60 years, People’s Bank has been repeatedly lauded for its consistency, leadership and sustainable growth in Sri Lanka’s banking sector, the release said.
“The Bank has evolved from being a provider of financial solutions to the masses to a leader in digital banking sphere that simplifies cutting edge technology to benefit the entire nation. It has the country’s largest customer base and physical/digital network and has established itself in a unique position to successfully reach its over 14 million customers.”
News
“Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery” by Mahinda Siriwardana presented to the President
The book “Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery” ,authored by Secretary to the Ministry of Finance, Mr. Mahinda Siriwardana, was officially launched this morning (08) at the Galle Face Hotel, Colombo, with the participation of President Anura Kumara Disanayake.
The first copy of the publication was formally presented to President Disanayake by Mr. Siriwardana during the event.
It has been reported that former State Minister Sivanesathurai Chandrakanthan alias ‘Pilleyan’ has been arrested by the Criminal Investigation Department (CID).
A meeting between President Anura Kumara Disanayake and senior officials of SriLankan Airlines was held this afternoon (April 8) at the Presidential Secretariat.
The discussions mainly focused on proposals to transform SriLankan Airlines into a more profitable state-owned enterprise. Special attention was also given to possible short-term and long-term solutions for the airline’s debt management.
The talks further explored new investment opportunities for the airline. The President instructed the officials to take all necessary steps to transform SriLankan Airlines into a profit-making entity.
Although the airline has recorded operational profits, due to past mismanagement and poor decision-making, it remains one of the leading loss-making state enterprises. The current government has decided to reverse the previous administration’s decision to privatize the airline. Instead, it plans to continue operating it as the national carrier while introducing a new management structure to ensure its profitability moving forward.
Minister of Labour and Deputy Minister of Economic Development Dr. Anil Jayantha Fernando, President’s Senior Advisor Duminda Hulangamuwa, Chairman of SriLankan Airlines Sarath Ganegoda along with several senior officials of SriLankan Airlines, were present at the meeting.
“Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery” by Mahinda Siriwardana presented to the President
Former state minister arrested by CID
President meets with senior officials of SriLankan Airlines
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