CityNet Congress 2017 begins today

The CityNet Congress 2017 will be held from November 6th to 8th   at the Colombo Hilton. CityNet is the largest association of urban stakeholders committed to sustainable development in the Asia Pacific region. Established in 1987 with the support of UNESCAP, UNDP and UN-Habitat, the Network of cities has grown to include 135 municipalities, NGOs, private companies and research centres. 

Two latest Kenton bicycles introduced to Lankan market 

Faizal Hardware Stores, a leading Sri Lankan marketer of bicycles with over 30 years of history has introduced two new models under their flagship  brand ‘Kenton’.

Carmart delivers Sinotruk port tractors to Hambantota Port

Carmart (Pvt) Ltd has successfully delivered new Sinotruk port tractors to the Sri Lanka Ports Authority (SLPA). 

Special discount on Kangaroo Cabs for Vardhana Virtual Wallet users

Kangaroo Cabs is the latest merchant to sign up with DFCC Bank PLC to join its Vardhana Virtual Wallet (VVW) merchant network which connects over 10,000 customers and 800 merchants, demonstrating the rising demand for this innovative product. 

SR Metals receives NCE Silver Award

SR Metals is one of the leading copper and aluminum manufacturers in Sri Lanka was recently bestowed Silver Award in industrial sector, heavy engineered products sub sector, large category at NCE Export Awards – 2017 ceremony organized by the National Chamber  of Exporters.

Ansell launches rainforest conservation carbon insetting initiative

Ansell, a global leader in protection solutions and the largest manufacturer of personal protective equipment in Sri Lanka, recently marked a major milestone in sustainable manufacturing and environmental stewardship. 

Singer Life Style exhibition to begin on November 24th

Placed as the best brand of the country for the 11th consecutive year Singer Sri Lanka presents the Life Style Exhibition and Fun Fair 2017, a most prominent event of Sri Lanka to be held for the 7th consecutive year at the BMICH from 24th to 26th November from 10 am to 9pm.

Leo Burnett’s Murtaza Tajbhoy the first Sri Lankan to win IAA Champion Award

Murtaza Tajbhoy, Chief Strategy Officer of Leo Burnett Sri Lanka was awarded the IAA Champion award. He is the first Sri Lankan to win this prestigious accolade.    

Special discount on Kangaroo Cabs for Vardhana Virtual Wallet users

Kangaroo Cabs is the latest merchant to sign up with DFCC Bank PLC to join its Vardhana Virtual Wallet (VVW) merchant network which connects over 10,000 customers and 800 merchants, 

Fouzul Hameed to present exclusive Envoy Concept 2018

Hameedia, Sri Lanka’s leading menswear specialist will soon present the fifth edition of its annual fashion showcase – Envoy Concept 2018. This year, the show will run under the theme ‘ CurioCity’,  

Mitigating impact of natural disasters as important as managing fiscal front, debt: World Bank

While managing the risks related to fiscal and trade policy reforms, public debt and contingent liabilities, the World Bank yesterday insisted that Sri Lanka should also focus on mitigating the impact from natural disasters, which have become more frequent with climate change.  

FTA with China not an economic agreement: economist

The Free Trade Agreement (FTA) between China and Sri Lanka under negotiation is not economically motivated, and therefore Sri Lanka should get major concessions during the first ten years of the agreement, a top economist opined this week.  

Bairaha Farms September quarter hampered by poor chicken demand

The top line at Bairaha Farms PLC fell during the September quarter over the sluggish demand for chicken meat and the profits halved as the expenses took toll while the contribution from the group joint venture firms turned negative. 

JKH September performance reflects difficult economy

The September quarter (2Q18) financial performance of John Keells Holdings PLC (JKH), the most valued conglomerate in the country, largely reflected the difficult economic conditions its diverse businesses were facing, in an extremely challenging environment.  

Stock hold steady; budget, policy rate decision in focus

REUTERS: Sri Lankan shares closed steady yesterday ahead of a long weekend, with investors awaiting the national budget presentation and the Central Bank’s policy rate decision.

Hayleys group’s holding in Singer Sri Lanka expands

The mandatory offer announced by Hayleys PLC to purchase the remaining shares of Singer Sri Lanka PLC closed this week with 21.08 percent Singer Sri Lanka shareholders accepting the offer despite the independent advisors recommending the shareholders to reject the offer.

National Chamber to hold seminar on Central Bank and business potential

A very informative seminar on how the Central Bank could help the business community and the business potential will be addressed by the senior officials of the Central Bank of Sri Lanka on Thursday, November 23, 2017, from 9:00 a.m. to 12:30 p.m., at the chamber auditorium, No: 450, D R Wijewardene Mawatha, Colombo 7. 

Five Sri Lankan QC teams achieve Gold at ICQCC in Manila

Five Sri Lankan Quality Circle teams representing four organizations have won Gold awards for their case study presentations during the International Convention of Quality Control Circles (ICQCC) held in Manila, Philippines on 25th and 26th October.

‘Singer Soopa Shasthra’ home science education programme concludes third phase

Singer Sri Lanka PLC successfully completed the third phase of the ‘Singer Soopa Shasthra’ programme jointly with the Education Ministry to boost the standard of home science education in schools across the country while also paving the way for school leavers to step into a career in the fast-growing hospitality industry.

People’s Bank Arts Circle cultivates the habit of reading

The book exhibition and fair to celebrate October, the month of reading was recently held at the third floor of People’s Bank Head Office.

World Vision celebrates 40th anniversary with campaign to prevent child abuse

Humanitarian and relief agency World Vision Lanka launched its campaign ‘It takes a nation to end physical and sexual violence against children’, on its 40th anniversary celebrations in Colombo. The campaign has a specific focus on ending child sexual abuse and combatting severe and humiliating punishment of children.

ITC appoints NCE CEO as national consultant

The International Trade Centre (ITC), which is a joint agency of the United Nations and World Trade Organisation (WTO), is fully dedicated to support the internationalization of small and medium enterprises (SMEs). The ITC is currently implementing a European Union (EU)-Sri Lanka trade-related assistance project, funded by the EU, which aims at increasing the competitiveness of Sri Lankan SMEs in regional and EU markets. 

The Outlet Store offers incredible discounts at year-end sale

The Outlet Store has yet again rolled out a fabulous shopping spree from 27th October to 4th November, as part of its year-end sale and this time shoppers are given whopping discounts of upto 50 percent on their total bill value.

Seylan Tikiri Children’s Month celebrations ignite happiness islandwide

As a part of Tikiri Children’s Month festivities, Seylan Bank conducted a series of fun filled activities throughout the month of October to replenish Tikiri children with excitement, joy and mostly educate them on the habit of savings in a friendly manner.

BOC ‘Punchi Picasso’ winners awarded at Battaramulla Ape Gama

In line with Bank of Ceylon’s 78th anniversary, the bank made a platform for children to reveal their creativity by organizing an art competition called ‘Punchi Picasso’ jointly with the Ministry of Education and the art exhibition was held at the Battaramulla Ape Gama on 27th October 2017. The award ceremony for the winners too took place on the same day at 1:30p.m. at the same venue. Education Ministry Secretary Sunil Hettiara

Hoover Dishwashers ease the burden of washing dishes and cutlery

Hoover’s latest line of dishwashers, exclusively available at Abans, provides the perfect solution towards easing the burden of washing dishes and cutlery.

Qatar delegation visits Dedduwa-Akurala tourism zone

Qatar Economy and Commerce Minister Sheikh Ahmed Bin Jassum Al Thani and Qatar Airways CEO Akbar Abbas Al Baker during an observation visit to the proposed tourism zone in Dedduwa and Akurala in the presence of Industry and Commerce Minister Rishad Bathiudeen and Sri Lanka Tourism Development Authority Director Tourism Planning/Development Upali Rathnayake

EFC symposium to boost green enterprises

Environmental and climate change have become issues with a direct effect on economies, enterprises and society as a whole. The three dimensions of sustainable development - economic, environmental and social, as the International Organisation for Employers (IOE) notes, are inextricably linked and policy actions in one of these areas are bound to have impacts on the others.

Fouzul Hameed to present exclusive Envoy Concept 2018

Hameedia, Sri Lanka’s leading menswear specialist will soon present the fifth edition of its annual fashion showcase – Envoy Concept 2018.

NCE-Verite Research collaborate on platform to track implementation of budget proposals

The National Chamber of Exporters (NCE) collaborated with Verite Research on a platform to track the implementation of budget proposals.