Nissan boss says Britain plant investment decision ‘soon’

AFP- Nissan boss Carlos Ghosn said yesterday that a decision on further investment at a car plant in 

Rupee steady; importer demand offsets exporter dollar sales

REUTERS: The Sri Lankan rupee was trading steady yesterday, with dollar demand by importers 

Belgian regional leader holds out on EU-Canada deal

AFP - The head of the Belgian region of Wallonia yesterday said he still refused to sign off on a 

WiLAT Sri Lanka walks for a greener tomorrow

Women in Logistics and Transport (WiLAT), the women’s forum of the Chartered Institute of Logistics 

Maskeliya Plantations holds ‘Kapruka Poojawa’ at Ruwanweli Seya

The planting executives of Maskeliya Plantations PLC, which is owned by Richard Pieris Group of 

Siddhalepa brings preschool children close to nature with art competition

The Siddhalepa group has once again provided the platform for preschool children to express their natural talents with the launch of its Kekulu all-island art competition.

BAT offers to buy U.S. tobacco firm Reynolds in $47 billion deal

 REUTERS: British American Tobacco has offered to buy U.S. tobacco company Reynolds American 

YMF lines up entrepreneurs to share success stories with members

The Young Members Forum (YMF) of the Ceylon Chamber of Commerce (CCC) will host an 

‘Crazy’ hike in Saudi visa fees could impact business ties

AFP - A seven-fold hike in visa fees to do business in Saudi Arabia risks deterring the foreign 

Ravi K gears to present budget that ensures rapid economic development

Finance Minister Ravi Karunanayake yesterday said the forthcoming budget 2017 is focused on rapid 

Tourism chief admits need for extensive research into tourism markets

Admitting the lack of market research data, the head of a government tourism agency this week said that global market research into changing tourist behaviour should be undertaken in the future.   

Central Bank to change the way it sets monetary policy

The Central Bank will change the manner in which it sets the future monetary policy as the monetary 

Condominium developers cry foul over making luxury apartments VAT-free

A section of condominium developers in the country are crying foul over the proposed amendments 

Ceylon Chamber welcomes relaxing of rules on repatriation of export earnings

The Ceylon Chamber of Commerce yesterday welcomed the move to ease the rule on repatriation of 

Harry Jayawardena obtains court order to prevent EGM on HNB-ADB deal

Hatton National Bank PLC (HNB) shareholder and business magnate Harry Jayawardena has secured 

Fairway Holdings opens first-ever standalone sports complex for home owners

October 25, 2016 will see Fairway Holdings opening Sri Lanka’s first-ever standalone sports complex i

Double win for CEAT executives at NASCO Awards

Two executives of CEAT Kelani Holdings won Gold and Silver at the 2016 National Sales Congress (NASCO) Awards of the Sri Lanka Institute of Marketing (SLIM) in two important categories.

Samagi Spice Exports wins NCE Export Excellence Award

The market leader in exporting cinnamon, Samagi Spice Exports Ltd. excelled at the Export Awards 2016 organized by the National Chamber of Exports (NCE) by bagging an Export Excellence Award in 

Altair stimulates buyer sentiment in Canada

Colombo’s skyline-defining high-rise development Altair has generated strong interest in Canada 

Nawaloka Petroleum celebrates growing sales with first dealers’ appreciation night  

Celebrating another year of strong sales growth, Nawaloka Petroleum (Pvt) Ltd. hosted 100 of its d

A&E Lanka clinches NOSHE and SAPS awards

A&E Lanka, part of a leading thread solutions provider, won the ‘Best work place safety innovation 

Eagle Logistics marks 11 years in business

Eagle Logistics Colombo celebrated its 11th anniversary on 20th October with religious ceremonies at their corporate office in Colombo 03.  

Access spruces up Colombo-Kandy road Kadawatha-Nittambuwa section

As part of the National Road Rehabilitation Plan, the widening of the existing Colombo-Kandy corridor 

Private credit soars to Rs.411bn in first 7 months

Sri Lanka’s banking and finance sector has extended as much as Rs.411 billion to the private sector 

Bairaha Farms September net profit up 82% amid higher demand for chicken

With a boost in meat consumption that is directly linked to higher income, the leading poultry producer 

Global Rubber to set up US $ 75mn tyre manufacturing plant

Leading industrial tyre manufacturer Global Rubber Industries (Private) Limited (GRI) will be investing US $ 75 million in a tyre manufacturing plant in Horana, Mirror Business learns. A Cabinet brief 

Anti-dumping and countervailing laws get Cabinet nod

The two pieces of trade regulations that the Sri Lankan manufacturing sector has been clamouring for 

Brexit positive for Lankan tourism industry: equities report

Brexit would have a positive impact on Sri Lanka’s tourism industry, Colombo-based equities broker 

No room for complacency, says Malik

??By Chandeepa Wettasinghe With the advent of the fourth industrial revolution through disruption, the 

Sri Lanka-Netherland biz talks

Netherlands  Ambassador, Joane  Doornewaard met Development  Strategies and International Trade Minister Malik Samarawickrama  at  the  ministry  recently and  held  discussions  relating  to  economic  development and  investment  promotions  in  Sri Lanka