WB approves US $ 75mn credit line for SL’s welfare programmes

The World Bank Board has approved a US $ 75 million credit from the International Development 

CSE rings final bell for the year with Asiri Hospitals

Looking forward to embrace the New Year with renewed aspirations, the country’s stock market 

Govt. to present anti-dumping bill in January, next year

The government will present an anti-dumping bill to parliament in January, next year, Development 

Ceylon tea to celebrate 150 years of history in style

Ceylon tea will be commemorating its 150 years of rich history in style, with numerous events and 

Establishment blues vs. Central Bank’s independence

Strongly denying the allegation that the Central Bank is politicized, Governor Dr. Indrajit 

Hayleys Plantations clinches Gold, Silver at NBEA 2016

Hayley’s Plantation sector’s flagship entities, Kelani Valley Plantations PLC and Talawakelle Tea 

Shangri-La’s Residences partners with Fine Furniture for Häecker kitchen solutions

The Residences at One Galle Face by the Shangri-La group is redefining the capital’s skyline and 

BMICH unveils The Terrace garden venue

The BMICH has added another exciting outdoor venue to its portfolio with the launch of The Terrace.   

CMA-SLITHM launch CHFMA programme

The Institute of Chartered Management Accountants (CMA) in partnership with the Sri Lanka Institute 

Teejay sweeps highest number of Golds at NBEA 2016

Teejay Lanka PLC, the newly rebranded regional fabric manufacturing giant, sparkled at the National 

WK Holdings launches Wet Towel Dispensers

Wet Towel Dispenser is a product that instantly produces hygienic, convenient, disposable and 

AB Securitas achieves Global Performance Excellence Award 2016

AB Securitas (Pvt.) Ltd, the leading loss prevention and secure transport service provider in Sri 

Associated British Foods invests Rs.450mn in Lankan subsidiary

In a move that reinforces the confidence placed by global conglomerates in Sri Lanka, Associated 

Private consortium mulls reviving Indo-Lanka ferry service

A pre-feasibility study has been carried out by a private consortium to recommence the Indo-Lanka 

Fitch rates BOC’s subordinated debt up to Rs.8bn final ‘AA(lka)’

Fitch Ratings Lanka has assigned Bank of Ceylon’s proposed Basel II-compliant subordinated 

Govt. gives private sector US $ 30 bn export target by 2020

The Sri Lankan government is aiming at facilitating the private sector to reach US $ 30 billion in exports by 2020, the Central Bank governor said last week.

Shares slip from near 3-wk high on profit taking

REUTERS: Sri Lankan shares ended slightly weaker yesterday, ending a four-session run of gains, to 

GiftSmart.lk launches free custom greeting cards

GiftSmart.lk, Sri Lanka’s award-winning gifting website, recently launched a freeonline platform where 

Hundreds of photo enthusiasts compete at Canon photomarathon

The Canon photo marathon organized by Metropolitan PhotoHub Pvt Ltd on behalf of Canon had an 

Crystals to reopen for festive season

Preethi Fernando, a connoisseur of crystal ware and all things fine and luxurious will reopen her super 

100PLUS powers ‘Run For Their Lives’

100PLUS, a leading isotonic sports drink, which is marketed and distributed by Zahra International in 

Nature’s Agro Products Lanka excels at Entrepreneur 2016 Awards

Nature’s Agro Products Lanka Company which exports value-added cinnamon and coconut products 

Japanese envoy visits JASTECA Gold Award winner Hirdaramani Knit

Japanese Ambassador to Sri Lanka, Kenichi Suganuma visited the Hirdaramani Knit Eheliyagoda 

Trade Promoters celebrates 40th anniversary

In contemporary Sri Lanka, a business no longer stands out if it were simply providing a useful 

Sony introduces additions to Extra Bass audio lineup in Sri Lanka

With the belief of ‘music deserves respect’, Sony introduced three additions to its Extra Bass audio lineup, in Colombo recently.

LOLC wins National Business Excellence Award 2016

The LOLC group reached the pinnacle of excellence when it was crowned as the overall Gold award winner at National Business Excellence Award (NBEA) 2016 at a glittering awards ceremony held recently in Colombo. 

VW bosses forced to pay back private jet costs

AFP: Bosses at troubled German auto giant Volkswagen have been forced to pay the company back 

Sri Lanka exports rise, deficit narrows in September as vehicle imports fall

Sri Lanka’s export earnings rose for the second consecutive month in September 2016 to US $ 898 

October tourist earnings and remittances up

The data also showed that earnings from tourism arrivals recording US $ 249.3 million in October 

Private sector urged to lead economic growth with higher exports

Sri Lanka’s private sector has to lead the country’s growth with exports, the country’s Central Bank