Sri Lanka’s GDP to remain flat this year, just above 5% next year: WB

The World Bank said that Sri Lanka’s Gross Domestic Product (GDP) growth will remain flat this year 

Piramal Glass posts Rs.36mn loss for 2Q due to factory closure

Piramal Glass Ceylon PLC, the local unit of India’s Piramal group, posted a net loss of Rs.36.4 

SLPA mulls urgent reforms for operations and processes to become regional hub

Determined to stay abreast with the global shipping and logistics industry, Sri Lanka Ports Authority

Customs get earful from Ravi for not facilitating cross border trade

Sri LankSri Lanka Customs officials last week got a roasting from Finance Minister Ravi Karunanayake for a Customs officials last week got a roasting from Finance Minister Ravi Karunanayake for 

Policy makers think collecting VAT nice and easy, but it’s not, says economist

Although the policy makers think indirect taxes such as Value Added Tax (VAT) is an easier and a 

Sri Lanka Retailers’ Association holds inaugural founder members’ meeting

The inaugural founder membership meeting of the Sri Lanka Retailers’ Association (SLRA) was held recently at the Ceylon Chamber of Commerce (CCC). 

Korea Eximbank to conduct feasibility study on ITC hub for secondary education

 Given the increasing needs to improve and expand the use of existing information and 

Norway keen to partner Sri Lanka in conserving oceans, seas and marine resources

Noting that the relationship between Sri Lanka and Norway started with links to the maritime sector, 

Nestlé Lanka empowers Jaffna with new milk chilling centre in Urumpirai

Nestlé Lanka marked a new milestone in its local dairy development initiatives by opening another new milk chilling centre in Jaffna recently.

Finance Minister claims forthcoming budget ‘people-friendly’

The forthcoming budget that will be presented on November 10 will really be a people’s budget as it 

Sampath Bank wins Silver at NBQSA 2016

In recognition of developing unique cutting-edge banking solutions, Sampath Bank PLC bagged the 

Overseas Realty 3Q net up but 9 months profit flat as apartment sales slow

Overseas Realty (Ceylon) PLC (OSEA), the local unit of the Singapore based real-estate group, saw 

Government expects revised VAT to net Rs.100bn extra

The government is expecting a revenue boost of Rs. 100 billion by charging Value Added Tax (VAT) t

Delta Estate sets all-time record price

 At this week’s Ex-Estate Tea Auction held on 26th October, Delta Estate, situated in Pussellawa 

Turkey expands trade ties with Sri Lanka in electrical and electronics sectors

A strong trade delegation representing 16 top exporters of electrical and electronics companies from 

CA Sri Lanka to host regional seminar on public sector financial reporting

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and its public sector wing, will 

European Parliament members to discuss national reconciliation, GSP during Sri Lankan visit

REUTERS - Progress on national reconciliation and ways to empower Sri Lankan women politically 

Indian diamond tycoon to gift cars, flats to workers

AFP: A generous diamond tycoon in India is once again giving away hundreds of cars and flats to his em

Panel demands prosecution of ex-bank chief

AFP - A Sri Lankan parliamentary panel yesterday called for the criminal prosecution of former 

Laugfs hosts ‘Pehesara’ Art Competition 2016

Laugfs recently concluded ‘Pehesara’ Art Competition 2016, showcasing the creative talents of the 

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