Omega Line Toastmasters hosts public speaking world champion

Darren Tay, a 27-year-old lawyer from Singapore, who became the World champion of public 

Singer Sri Lanka Rotaract Club marks 3rd year

The third installation ceremony of the Rotaract Club of Singer Sri Lanka was held recently at the company head office. The club is known to be the first Corporate Rotaract Club in the world.  

YMF conducts ‘Success Story’ interactive session

The Young Members Forum (YMF) of the Ceylon Chamber of Commerce (CCC) successfully 

Otis to supply fastest elevators to country’s tallest residential project

Otis has been selected to provide high-speed elevators to the prestigious Altair project in Colombo, 

Economy suffering from ‘Kala-Sarpayogaya’ due to budget holes: economist

Sri Lanka’s economy during the last 60 years has been suffering from, ‘Kala-Sarpayogaya,’ a term 

John Keells group processed food maker’s September profits dip 6%

John Keells group processed food manufacturing subsidiary, Keells Food Products PLC (KFP), 

SL to host French travel agents’ SNAV Congress from Oct.30 to Nov.5

The Syndicat National des Agences de Voyages (SNAV), now referred as Les Entreprises du Voyage 

Central Bank to keep rates steady ahead of budget: poll

REUTERS: Central Bank is expected to keep its key interest rates steady on Monday, a few days 

Ravi K to take red clay roof tile manufacturer grievances to President as asbestos ban looms

With the ban of asbestos importation looming in 2018, Finance Minister Ravi Karunanayake said that 

Shares edge up in dull trade ahead of govt. budget

REUTERS: Sri Lankan shares ended slightly firmer yesterday, hovering near a 12-week closing low 

Decision to amend IP law to give ‘cinnamon’ GI protection hailed

The country’s cinnamon industry stakeholders yesterday hailed the Cabinet’s decision to amend the 

SLCPI warns risk of innovator drugs exiting and illegal products entering market

The Sri Lanka Chamber of Pharmaceutical Industry (SLCPI) yesterday cautioned the recent move to 

SL slips one place in WB’s Doing Business rankings

Sri Lanka’s Ease of Doing Business ranking fell by one notch to 110 for 2017 despite key improvements, according to the flagship report on the subject by the World Bank.

e-Signatures must for improving Lanka’s trade dynamics: Verité  Research

Sri Lanka’s operational environment will continue to be bogged down with errors and mishaps, hindering international trade performances, if the public administration remains resistant towards embracing e- signatures. 

SL slips one place in WB’s Doing Business rankings

Sri Lanka’s Ease of Doing Business ranking fell by one notch to 110 for 2017 despite key 

Watawala 2Q profit jumps over palm oil

The diversified regional plantation company, Watawala Plantations PLC, saw its September net profit j

Over Rs.4bn final payment for Golden Key depositors gets Cabinet nod

The Cabinet approval has been granted to release funds amounting to over Rs.4 billion as the final 

Over Rs.4bn final payment for Golden Key depositors gets Cabinet nod

The Cabinet approval has been granted to release funds amounting to over Rs.4 billion as the final tranche to defrauded Golden Key depositors though the Central Bank. The proposal to this end was made by Finance Minister Ravi Karunanayke. Under the scheme approved by the Supreme Court, Rs. 544.3 million and Rs. 3.9 billion have been already been released respectively, for first and second tranches by the  General Treasury. The Cabinet approv

Cold Stores invests Rs.270mn in ice cream factory

Ceylon Cold Stores PLC (CCS), a unit of John Keells group, which has interests in consumer goods manufacturing and retailing has invested Rs.270 million in a subsidiary to set up an ice cream factory, the interim financial accounts released by the company to the Colombo Stock Exchange noted.

PM to come up with 5-year capital market strategy

A five-year capital market strategy for the 2016-2020 period proposed by Prime Minister Ranil 

Cold Stores invests Rs.270mn in ice cream factory

Ceylon Cold Stores PLC (CCS), a unit of John Keells group, which has interests in consumer goods 

e-Signatures must for improving Lanka’s trade dynamics: Verité Research

By Shabiya Ali Ahlam Sri Lanka’s operational environment will continue to be bogged down with 

PM to come up with 5-year capital market strategy

A five-year capital market strategy for the 2016-2020 period proposed by Prime Minister Ranil Wickremasinghe in his capacity as the Minister of National Policies and Economic Affairs has received Cabinet approval. The five-year strategy is expected to propose regulatory and development actions to be followed by the government for the improvement of the country’s capital market.

Shares end slightly weak, hovering close to 12-week low

REUTERS:  Sri Lankan shares ended slightly weaker yesterday, largely near a 12-week closing low hit earlier in the week, in dull trading as investors awaited cues from the government budget and five-year plan as well as corporate earnings.

Dusit Thani Sri Lanka promotes real estate investment to Australian citizens

Dusit Thani Sri Lanka, Beachfront Balapitiya recently hosted ‘Australia Showcase 2016’ for Sri Lankan-Aus society crème de la crème, in Melbourne to meet the immense interest received from both expats and locals alike in Australia.

Nearly 50% Lankans likely to opt for insurance retirement plan: survey

We all know that Sri Lanka has a steadily aging population. But, have you ever thought about what Sri Lankan’s preferred method of saving for retirement is? 

Special WTO-Sri Lanka deliberations open in Colombo

Sri Lanka announced that it is seeking special and differential treatment for its agricultural and even service exports under WTO and the WTO-Lankan Trade Policy Review will take place in early November, said the apex global trade regulator yesterday.

Unipower introduces Nanogreen to increase agri output

Until the middle of this century, the world’s population will have increased to 10 billion people. Every year, 160 million tons of fertilizer is being applied to agricultural lands to meet the ever increasing demand for food. Yet, most prevalent are synthetic fertilizers which pose numerous problems besides being processed from unsustainable resources like petroleum, phosphorous or potassium. 

Fonterra boosts local dairy industry with milk fingerprinting technology

Fonterra Brands Sri Lanka, the dairy co-operative behind Anchor has invested Rs. 12million to enhance the quality of local milk supply by equipping its milk chilling centres around the country with the most advanced milk-fingerprinting technology for analysing milk composition.  

Swadeshi empowers environmental pioneers

In keeping with this commitment, Swadeshi Khomba recently sponsored the 12th ‘Environment Pioneer National Camp’, which was held at the National College of Education, Peradeniya.  This year’s national camp was attended by 400 activists, including 300 environmental pioneers who have excelled in the Environmental Pioneer Program.