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1982: BOC founded the first merchant bank in Sri Lanka, which was named the Merchant Bank of Sri Lanka. 1987: The bank moved into its 32-storey headquarters. Sri Lankans have nicknamed the building (Pittu bambuwa "පිට්ටු බම්බුව") a Sinhalese term used for a cylindrical cooking implement. The new building enabled the bank ...
Access Engineering PLC is a Sri Lankan civil engineering company engaged in the construction industry and supply of construction-related services and materials. [2] The company is one of the constituents of the S&P Sri Lanka 20 Index. [3] The company was founded in 2001, and in 2012 was listed on the Colombo Stock Exchange.
Formed as the All Ceylon Engineering Diplomates Association in 1977, the society in 1992 changed to the Institute of Engineering Diplomates, Sri Lanka by an Act of Parliament, Act No 64 of 1992, registering all Engineering Diplomates.
When in 1972, the country itself changed its name to reflect its historic annals and eastern roots to become a republic, the Institution of Engineers adopted Sri Lanka to replace Ceylon. In 1996, this name was ratified by the Amendment to the Act No 3 of 1996.
However, as per the Engineering Council Act No 4 of 2017, all engineering practitioners in Sri Lanka needs to be registered with the engineering council to practice. Failing to do so would result in an offence and can be convicted by a summary trial before a Magistrate with imprisonment period not exceeding one year and/or a fine not exceeding ...
It is the largest lender to Sri Lanka's Small and Medium Enterprise sector. [7] The Ministry of Finance of Sri Lanka revealed that the Commercial Bank of Ceylon was the biggest lender to SME sector for the year 2020 amounting to an estimated amount of 21.6 billion rupees which was 15% more than the second biggest lender to SME. [8]
The cost of the project was estimated to be 60,176 million yen, but with the remedial measures taken to control the leak, the cost increased to 74,313 million yen. [4] The Samanalawewa power plant was commissioned in 1992. [7] The Samanalawewa project is the second largest hydroelectric scheme in Sri Lanka after the Mahaweli project. [5]
In October 1945, the university council of the University of Ceylon - Sri Lanka's first modern university - resolved to establish its engineering faculty. The plan to set up the faculty was initiated by appointing E.O.E. Pereira , a senior engineer in the Public Works Department as a professor in Civil Engineering.