Sri Lanka Cricket yesterday announced the appointment of men’s clothing specialists, Hameedia, as the official formal clothing sponsor of the Sri Lanka national cricket teams.
The Sri Lanka Banks’ Association (SLBA) is highly optimistic on the upcoming Commonwealth Heads of Governments Meeting (CHOGM) as it is confident the event will bring an array of opportunities for not only the banking sector, but for the entire business community.
Japan was the first to declare a nationwide “Quality Month” in November in the 1960s as part of its drive to excel in quality.
The initiative was taken by the Japanese Union of Scientists and Engineers (JUSE).
Sri Lanka has fallen four places down the World Bank's latest list of best places to run a business. In the latest World Bank's Doing Business Index, Sri Lanka has been ranked 84, down from 81st place it enjoyed in the 2013 Doing Business Index
An open society with equal access to opportunities and a respect for individual freedoms is a vital prerequisite for high-level economic growth, according to New Zealand’s former Finance Minister, Ruth Richardson.
Browns Investments PLC said it has signed an agreement with Sun & Fun Resorts Ltd to invest Rs.250 million to acquire 50.1 percent of the company and to construct a four-star international standard hotel in Pasikudah with 71 rooms.
Sri Lanka’s lubricant consumption in 2012 has declined by as much as 2,220 kilolitres (or 3.8 percent) to 56,334 kilolitres from a year ago, according to lubricant market shadow regulator, the Public Utilities Commission of Sri Lanka (PUCSL).
Sri Lanka is the only twin-deficit country in Asia having a growth unaffected by currency volatility, according to Fitch Ratings (Fitch).
Maruti Suzuki India Limited, (Maruti Suzuki), India’s largest car manufacturer yesterday announced their plans to set up a car manufacturing plant in Sri Lanka and are confident of starting operations as early as next year if all goes well.
A unit of IFS Sri Lanka was appraised at Level 3 Capability Maturity Mode Integration (CMMI) certification by KPMG recently.
The National Mobile Service Provider, Sri Lanka Telecom Mobitel, along with the Ministry of Education today inaugurated the implementation of the student iCard project amongst schools in Sri Lanka. Royal College, Colombo is the first school to start using the iCard for attendance monitoring.
The Sri Lankan rupee, which hit a record low at the end August, is under appreciation pressure and the Central Bank has been intervening to curb a sharp rise, the Central Bank Governor said yesterday.
The William Angliss Institute entered into an agreement with Crown Sri Lanka Resort to provide hospitality training through the Colombo Academy of Hospitality Management (CAHM) recently.
Sri Lanka’s investment promotion bureau, the Board of Investment (BoI), said it would expect at least US $ 2.0 billion worth of foreign direct investments (FDIs) in 2014 from the Commonwealth Heads of Gover nment Meeting (CHOGM) alone.
Bhutan is renowned for espousing Gross National Happiness but now the isolated Himalayan nation is also looking to become known as a world leader in organic farming. “We are nearly all Buddhists.
Two recent news items in the local print and electronic media on exploration activities by foreign companies prompted me to write this article to highlight the legal implications involved under the Mines and.....
Have you ever arrived at your hotel early and huffed and puffed because your room wasn’t ready? There’s a good reason for that:....
Buying a condominium can be a confusing process. Many people do not know what a condominium is or the legal structure and responsibilities that are involved in owning one.
The University Grants Commission of Sri Lanka (UGC) with the support of the country’s state-run petroleum exploration unit, Petroleum Resource Development Secretariat (PRDS) announced the commencement of Petroleum Sciences degrees at the Peradeniya, Moratuwa and Sri Jayawardenapura Universities yesterday.
Mihin Lanka is to operate direct flights twice a week from Colombo to Mahe, the largest island of Seychelles, beginning November.
Cairn India is currently in discussions with the Sri Lankan government to commercialize the Dorado well in the Mannar Basin, probably including a pipeline from the well to Norochcholai.
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