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HNB chairperson resigns

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4 months ago

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In an unexpected development, Hatton National Bank Chairperson Ms. Aruni Goonetilleke submitted her resignation yesterday (Friday) at a special meeting of the board and a new chairperson was appointed.

The move surprised the stock market.

Following her resignation, the board decided to appoint Non-Executive/Non-Independent Director Nihal Jayawardene PC as the new Chairman of HNB, with effect from June 9, 2023.

HNB also announced the appointment of Non-Executive/Independent Director Parakrama Devaka Cooray as a Senior Independent Director of the board of HNB, with immediate effect.

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Colombo International Book Fair 2023 kicks off

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4 days ago

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September 22, 2023

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Sri Lanka’s largest book exhibition, ‘Colombo International Book Fair’, commenced today (22) at the Bandaranaike Memorial International Conference Hall (BMICH). 

The book fair organised by the Sri Lanka Book Publishers’ Association will be held until October 1 from 9.00 am – 9.00 pm.

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Import tax on powdered milk increased

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4 days ago

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September 22, 2023

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Port and Airport Levy (PAL) on imported milk powder has been increased by 10%, says Trade Minister Nalin Fernando.

The tax increase comes into effect today (Sept. 22).

However, the prices of powdered milk in the local market will not be increased following the PAL hike, the Minister has assured.

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Price of chicken reduced from midnight today

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5 days ago

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September 21, 2023

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Local poultry producers have agreed to reduce the price of chicken by Rs. 100 per kilogram, with effect from midnight today (Sep. 21).

The agreement was reached following a discussion with the Minister of Trade, Commerce and Food Security, Nalin Fernando, this afternoon.

Accordingly, a kilogram of chicken will now be sold at Rs. 1,150.

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