Budget proposes to relax maximum retail price on chicken

The 2017 budget proposed to relax the Maximum Retail Prices (MRP) of chicken, and allow the 

Telecommunication sector continues to be tax magnet

Telecommunication services were hit with a slew of taxes in the 2017 budget, with the government 

SL-B’desh trade pact a reality by March 2017

The first-ever Sri Lanka–Bangladesh free trade agreement (FTA) is to be a reality by next March and both countries, 

NCE budget forum on 16th

The National Chamber of Exporters of Sri Lanka (NCE) has scheduled a budget forum on 16th November from 3.00 pm to 6.00 p. m at the Hotel Galadari. 

Dr. Ranee Jayamaha to deliver Prof. H.A. de S. Gunasekera Memorial Oration 2016

Prof. H.A. de S. Gunasekera Memorial Oration 2016 will be held on Friday, November 11, 2016 at 

Ceylon Chamber’s post budget seminar to be held on Tuesday

The Ceylon Chamber of Commerce will hold its customary post budget seminar on November15th, with the participation of Finance Minister Ravi Karunanayake.

Lalith Wijetunge new OPA President-Elect

IPM Sri Lanka – the nation’s leader in human resources management – announced that its Past 

Steady demand to negate higher liquor prices: Fitch

Fitch Ratings, one of the big three credit rating agencies in the world, yesterday said higher alcoholic 

Visiting Bangladesh Minister meets Malik

Bangladesh Commerce Minister Tofail Ahmed and his delegation called on Development Strategies and 

Govt. to raise US$ 1bn via SoE listing for debt repayment

The government is hoping to raise US$ 1 billion through the listing of state-owned enterprises (SoEs) 

J’pura uni budget seminar today

Former alumnus of Sri Jayawardenepura University will be organizing a post-budget seminar today (11th) at 2.00 p.m. at Centre for Banking Studies in Rajagiriya. 

Sri Lanka-Bangladesh FTA resurfaces with Commerce Minister’s visit

The init ial discussions on the possibility of a Sri Lanka-Bangladesh free trade agreement (FTA) are

Trump win casts doubt on Fed’s plans to hike interest rates

REUTERS: Donald Trump’s victory in the US presidential race throws into question the core 

Govt. revenue hits highest for this year in August

Sri Lanka’s National Treasury p o s t e d a n i m p r o v e d performance this August compared to 

Rupee ends firmer on dollar weakness, bank selling

REUTERS: The Sri Lankan rupee ended firmer yesterday as the dollar fell after political outsider 

RaviK says policies set out will be test of his professionalism

Wi t h t h e 2 0 1 7 budget set to be read today, Finance M i n i s t e r R a v i Karunanayake recently 

Nestlé Lanka September profit flat amid escalating costs, market challenges

Nestlé Lanka PLC, the local unit of the Switzerland-based larges t food company of the world, saw its 

Browns Centres now in Kandy and Galle

Following the recent revamp of Browns Centres in Kurunegala, Ampara, Dambulla, Dehiattakandiya, Colombo, Pettah, Galle and Vavuniya, Browns has now reached out to residents in Kandy and Galle launching brand-new centres.

Royal Cashews’ 15th outlet unveiled at WTC

Royal Food Marketing Company unveiled its 15th Royal Cashews outlet at the World Trade Centre (WTC) in Colombo. The occasion was graced by the company’s Managing Director Dr. Ruwan Wathugala. 

Singer Bangladesh appoints another Sri Lankan to senior post

Singer Bangladesh has appointed Vajira Tennakoon as Marketing Director with effective from 1st November 2016. 

German envoy hails govt. efforts to make SL investor-friendly

Acknowledging the Sri Lankan government’s positive approach of creating a more conducive environment for foreign investments, Embassy of the Federal Republic of Germany Deputy Ambassador Dr. Michael Dohmen said they are looking forward to invest in the Southern part of the country. 

Talawakelle Tea Estates honoured at Presidential Environmental Awards

Hayleys PLC-owned Talawakelle Tea Estates emerged winners claiming two National Green Awards at the Presidential Environmental Awards ceremony held recently at the BMICH under the patronage of President Maithripala Sirisena. 

Malik calls on CA Sri Lanka, other professional bodies to take lead in shaping country’s future

Minister of Development Strategies and International Trade Malik Samarawickrama has called on professional organizations to take the lead in the journey towards shaping Sri Lanka’s future.  Addressing the inauguration of the 37th National Conference of Chartered Accountants, Samarawickrama, who was the chief guest said that the world we are living in is very different and therefore it needs ‘unleashed thinking.’ 

Ceylon Tobacco receives ISO/IEC 17025:2005 certification

Ceylon Tobacco Company PLC (CTC) recently received the ISO/IEC 17025:2005 certification by the Sri Lanka Accreditation Board for complying with the standards set out by the International Organisation for Standardization (ISO) and the International Electrotechnical Commission (IEC), two global entities which form specialized systems for worldwide standardization.

JAT Technologies wins Flame Entrepreneur Award 2016

JAT Technologies is a recognized award winner of Flame Entrepreneur Awards 2016 as one of the fastest growing technology companies in Sri Lanka with expertise in telecommunication infrastructure services, IT system integration, smart infrastructure solutions, audio visual solutions and finishing projects.

Mitra Innovation celebrates 5th year of trading

In 2011, Mitra Innovation was born from the business minds of three technology obsessed co-founders – Ashok Suppiah (CEO), Derek Bell (COO) and Dammika Ganegama (MD). Mitra Innovation helps smart entrepreneurs, enterprises and public service organisations to accelerate innovative ideas into amazing global businesses or solutions, through product incubation, digital transformation and integration services. 

WB advocates more liberal trade and labour policies to boost competitiveness

The World Bank yesterday called on the Sri Lankan government to implement more liberal trade, 

Hayleys Fabric September profit falls as top line narrows, costs rise

The Hayleys group knitted fabric manufacturing unit, Hayleys Fabric PLC, saw its September quarter 

China appoints new finance minister, security chief

REUTERS: China appointed a new finance chief yesterday at a key time as investors’ concerns grow over the country’s mounting debt and rising fiscal deficits.

China appoints new finance minister, security chief

REUTERS: China appointed a new finance chief yesterday at a key time as investors’ concerns grow over the country’s mounting debt and rising fiscal deficits.