Unilever’s new Chairperson for its Sri Lankan business operation, Shazia Syed spoke with Mirror Business about her personal experience in Pakistan, where she was the first Pakistani woman to head Unilever’s Sales division and Unilever’s expectations for the coming year. Excerpts:
The Central Bank (CB) yesterday kept the policy rates on hold for the month of November, providing a breather to the recent monetary easing to take effect during the next few months.
Investment Promotion Minister Lakshman Yapa Abeywardena yesterday inspected the Invest Sri Lanka Pavilion at Cinnamon Grand Hotel.
High-end Italian restaurant chain SOHO is currently in discussions with potential local partners to set up a luxury restaurant in Colombo as early as next year, followed by a second restaurant in Galle, according to the founder owner.
With the objective of bringing together the accounting professionals of the Commonwealth countries under one common platform, Sri Lanka last week took the lead in launching the first-ever Commonwealth Association of Accountants (CAA).
The Commonwealth Business Forum (CBF) to be held from November 12 to 14 in Colombo within the ambit of CHOGM, would definitely provide the Sri Lankan businesses the prospect of harnessing new as well as expanding their existing business dealings to a greater level, a media statement by the Ceylon Chamber of Commerce (CCC) stated.
MillenniumIT, London Stock Exchange’s proprietary technology business service provider said yesterday that it has been selected by Singapore Exchange (SGX) to power the bourse’s post trade operations.
The following is a speech by Central Bank Governor Ajith Nivard Cabraal, a guest speaker at Business Today Top Twenty Five 2012-2013 awards ceremony.
Let me start by....
Hemas Holdings PLC yesterday announced changes to its director board and the top management.
Two recent articles in a weekly newspaper reported that the government of Sri Lanka has been advised equity participation in coal mining companies after the Board of Investment (BOI) had.....
The National Mobile Service Provider, Sri Lanka Telecom Mobitel which introduced the innovative mTicketingservice which also offers purchasing train tickets via your Mobitel phone, has now extended its services for the greater convenience ofgovernment employees through a new service titled ‘mWarrants’.
As exclusively reported by Mirror Business a couple months back, Sri Lanka’s Aitken Spence PLC yesterday said it is teaming up with Spanish Hotel chain RIU Hotels to set up a US $ 100m million resort in Ahungalla.
Hard landing, soft landing, no landing, overheating. Pundits’ views on China’s economy bounce around—often rapidly—between these descriptions.
Just two short months ago, the dominant concern was
If this home ownership style is properly followed and developed, affordable homes at different levels will continue to create vibrant and healthy communities and cities across the country.
Casinos are not the playgrounds for the rich and the dashing anymore. The era when it was gentlemen in black tie and ladies in evening dress and glistening jewels is over.
Sri Lanka and Bangladesh will begin formulating a preferential trade agreement (PTA) between the two countries subsequent to the completion of the Commonwealth Heads of Government Meeting (CHOGM), with a view to developing into a free-trade agreement (FTA) in future, according to Bangladesh High Commissioner to Sri Lanka Mohammad S. Rahman.
India’s Krrish Group, which is supposed to be building a luxury apartment complex on the Transworks House land in Colombo Fort, yesterday, denied the claims that the Transworks site is going to be offered to potential investors attending the forthcoming Commonwealth Business Forum.
The basic logic argues there are only three ways to improve a company’s bottom line. Increase revenue, reduce costs, or both.
Imagine attending a meeting where fresh strategies intended to resolve or improve the company’s bottom line are discussed.
“Good roads, canals, and navigable rivers, by diminishing the expense of carriage, put the remote parts of the country more nearly upon a level with those of the neighborhood of the town. They are upon that, the greatest of all improvements.”
Eden Hotel Lanka PLC (Eden) said it is buying 99.9 percent of Dickwella Resorts (Pvt) Ltd (Dickwella), a 76-room luxury property for Rs.1.5 billion from LOLC Leisure Ltd, a subsidiary of LOLC Group.
Lanka Walltile PLC has acquired 13.59 percent of Lanka Tiles PLC in a deal worth over Rs.575 million. The purchase was executed at Rs.80 per share.
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