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Carson’s chief hopeful that business unfriendly budget policies will be reviewed 


Some of the tax proposals presented in the National Budget early this year is considered business unfriendly, Mr. Tilak de Zoysa, Chairman of Carson Cumberbatch PLC has stated in the company’s recently released annual report though he has expressed confidence that the government will review some of these proposals based on the representations made by the Chambers of Commerce on behalf of the private sector.

Carson’s which is a multinational conglomerate with oil palm plantations in Indonesia controlling a land bank of 80,000 hectares there and a total land bank of 150,000 hectares, produced over a million MT of fresh fruit bunches (FFB) and 230,000 MT of crude palm oil (CPO) during the financial year 2014/15.

The group also operates a specialty oils and fats manufacturing business in Malaysia and a palm oil refinery in India and has extensive oil palm plantation interests in Malaysia. Carsons has said in their annual report that they will continue to explore investment and partnership opportunities across South and South East Asia, growing their presence, expanding their reach and delivering increasing value to all stakeholders they serve.


Carson’s to de-list four Malaysian Plantation Companies

Carson Cumberbatch PLC. will initiate procedures to de-list their Malaysian Plantation Companies (MPCs) due to the minimum public holding rule of the Colombo Stock Exchange (CSE), Carsons have announced in their latest annual repo...

Zaki Alif loses LMF board seat for being absent at 3 consecutive meetings

Mr. Zaki Alif, a senior director of Lanka Milk Foods (CWE) PLC, has vacated his board seat due to non-attendance of three consecutive board meetings in terms of the articles, the company said in a Stock Exchange filing on Friday.It said that Board P...

The wild and irresponsible Manifestos of the political parties

The different political parties have put out their Manifestos for the General Election due shortly. Here is what the UPFA promises:They say they will raise the minimum wage in the government sector to Rs 25,000, and raise the Cost of Living Allowance...

National Forum for Life Insurance Advisors on August 4

All arrangements have been made to launch the 2015 National Forum for Life Insurance Advisors (NAFLIA) conference on the 4th of August.Themed ‘A Day All Sri Lankans are Insured,’ the conference attracts the best life insurance advisors f...

Archetypes and Accolades at Aitken Spence’s second Staff Convention

The second Aitken Spence Staff Convention was held on 24 July at Aitken Spence Towers. Deputy Chairman & Managing Director, Mr. J.M.S. Brito, Main Board Directors, Managing Directors and over 350 members of staff were present at this event.The g...

AAUP Coordinates "Start Your Business" Program for Peradeniya Undergraduates

A five-day program/workshop entitled "Start Your Business" was held in early July 2015, at the University of Peradeniya when 18 final year undergraduates from the Faculties of Agriculture and Arts participated in the event conducted by ILO qu...

CT Holdings concludes one of the toughest years in a long period


CT Holdings PLC., the conglomerate that has grown from Ceylon Theatres Ltd., founded in 1928 by Sir Chittampalam A Gardiner, has concluded what its chairman Mr. Louis Page called "the most challenging year for the group for a long period of time&q...

Geo-economics and local politics


According to Edward Luttwak, an eminent political & military strategist, the world is witnessing what he called the rise of geo-economics, a contest defined by the "grammar of commerce but the logic of war". Many countries are focusing...

Certified HR Auditor Programme for the 1st time in Sri Lanka


IPM Sri Lanka – the premier professional body for human resources management in Sri Lanka – in collaboration with India’s T.V Rao Learning Systems (TVRLS) will be conducting the renowned Certified HR Auditor Programme in Sri Lanka. Th...

HNB wins NASCO Gold award in Banking and Financial category


Hatton National Bank (HNB), the leading private sector commercial bank in the country, has demonstrated its sales prowess by winning a Gold award at the recently concluded National Sales Congress (NASCO) Awards, the premier national event dedicated to ...



Which Sri Lankan cricketer should be inducted into ICC Hall of Fame first?
Duleep Mendis
Arjuna Ranatunga
Aravinda de Silva
Sanath Jayasuriya
Muttiah Muralitharan
Total : 17041 Votes. Results


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