Doing Business Forum today at Miloda auditorium

The ninth Ease of Doing Business Forum organised by the Finance Ministry will be held at 2:00 p.m. today at the 4th Floor auditorium of Miloda, Academy of Financial Studies, (Old Times Building), Sir Razik Fareed Mawatha, Colombo 1. 

Colombo inflation eases to 4.3% as food prices fall

Consumer prices in Colombo have slowed to 4.3 percent during the 12 months to August from 5.5 percent in July, recording the second consecutive monthly decline in headline inflation, as the food prices marked a significant drop in the month, the data from the Census and Statistics Department showed.

Independent director exodus from Richard Pieris group companies

An exodus of independent directors from two Richard Pieris group companies has taken place at an alarming rate this year, raising questions over their overall  corporate governance.

Batticaloa trade expo to kick start in October

The 3rd Edition of Batticaloa International Trade Exhibition (BITE) 2016 is scheduled to be held on the 30th September, and 1st & 2nd of October 2016 at the Shivananda Vidyalaya Grounds in Batticaloa.

Special exhibition to showcase best of Sri Lankan products at WEDF

Close to 40 of the most elite brands in Sri Lanka will be displaying the best of local products at a special exhibition that will coincide with the World Export Development Forum (WEDF) 2016.  With the global summit scheduled to be held in Sri Lanka on the 12th and 13th of October this year, Sri Lankan enterprises such as Brandix  Apparel Ltd, MAS Holdings, Akbar Brothers, Ceylon Tea Services, Camso Loadstar, Virtusa, 99X  Technolo

World Bank hails SL for speedy achievements in development goals

The World Bank states that Sri Lanka has been rapidly achieving its development goals, which were set at the time the loans were granted. 

Norwegian Embassy and Pathfinder Foundation sign agreement

The Royal Norwegian Embassy in Colombo and the Pathfinder Foundation (PF) signed an agreement for providing a grant to the ‘Centre for Indo-Lanka Initiatives’ (CILI) functioning under Pathfinder Foundation.  

CLC Education Loans joins hands with EDEX Mid–Year Expo

This year’s EDEX Mid-Year Expo is to be held on the 3rd & 4th of September at Sri Lankan Exhibition and Convention Centre (SLECC). 

Fior Drissage Jewellers poised to enter major international markets

Fior - Drissage Jewellers Ltd (FDJL) is one of the leading fine Jewellery manufacturers, marketers and exporters of diamonds & Gem studded Gold jewellery is the exclusive marketer of “Clear Set” Diamond Jewellery, popularly known as Floating Diamond Jewellery in Sri Lanka.  

Cargills Bank June quarter losses narrow to Rs.38 mn as margins improve

Cargills Bank Limited narrowed its losses to Rs.38 million during the quarter ended in June 30, 2016 (2Q16) from Rs.89.5 million loss during the corresponding quarter last year as the margins improved 

Fitch affirms Lion Brewery’s ‘AA-(lka)’ rating; says well-placed to recover from floods

Fitch Ratings has affirmed Lion Brewery (Ceylon) PLC’s (Lion) National Long-Term Rating of ‘AA-(lka)’ with a Stable Outlook and said the firm is well-placed to recover from the recent floods and 

State Bank of India Chairman and top officials in town

The Chairman of State Bank of India (SBI) Arundhati Bhattacharya— incidentally, the first woman 

Rupee edges up on exporter dollar sales, inward remittances

REUTERS: The Sri Lankan rupee ended slightly firmer yesterday ahead of a Central Bank policy meeting later in the day, as exporter dollar sales and inward remittances surpassed importer demand 

Sri Lanka could cut trade costs by 15% through TFA implementation: diplomat

Sri LankaSri Lankan companies could enjoy up to 15 percent savings in trade costs via trade reforms implemented through the World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA), top n companies could enjoy up to 15 percent savings in trade costs via trade reforms 

Ranil De Silva steps down from Serendib Hotels as MD

Top professional Ranil De Silva has tendered resignation from the board of the Serendib Hotels PLC as its Managing Director with effect from August 31, a stock exchange filing by the Company 

Agarwood - A distinctive investment for a sustainable tomorrow

While Sustainable Environment Conservation is on the spotlight in today’s economic platform; sustainable commercial forestry has made a remarkable impact on our local eco 

Tasma Group wins “BIZZ 2016” international award

Tasma Group of Companies , founded by  Deshamanya K A Nimal Subasinghe , commenced its 

CCC to discuss ‘Right to information and biz implications’

The Ceylon Chamber of Commerce will hold a seminar titled “Right to Information and its Implications 

Leema Creations clinches CNCI National Award for sixth year

Leema Creations (Pvt) Ltd, the leading interior solution provider in Sri Lanka had been recognized with a National Award for Large Category Business at CNCI Achiever of the Year 2016.

NCE to hold forum on how to benefit from FTAs EPAs

Free trade agreements and economic partnership agreements are proliferating around the world.  Sri 

Wood International Expo to begin in September

The Sri Lanka Wood International Exhibition 2016 to be held from 9th – 11th  September is a promising opportunity for the growth of wood industry. 

CTC appoints Emma Ridley as Finance Director

Ceylon Tobacco Company (CTC) PLC recently announced the appointment of Emma Ridley as the new Finance Director for the company, effective from 1st September 2016. 

Prof. Balakista Reddy to conduct ‘International Space Law’ workshops

Prof. (Dr.) V. Balakista Reddy, Professor of International Law, Coordinator M. K Nambyar SAARC 

Pizza Hut introduces 3 new Indian flavours

The fascinating combination of various spices, herbs, vegetables and other ingredients used in Indian cooking unveils a taste and fragrance that has already lured and captured many a Sri Lankan taste-

Expert calls Lankan firms to implement ‘sourcing strategies’

An expert has called Sri Lankan firms to have a sound ‘sourcing strategy’ in order to help improve the overall business performance by sourcing the rights products at the right price and at the right time.  

Finagle Lanka launches Wholemeal and Multi Grain bread

Lifestyles in Sri Lanka are evolving and changes are evident in dietary patterns where there is a 

Three Sinha Group receives Silver at CNCI Achiever Awards

Three Sinha Group of Companies, an organization that constantly strives to break new barriers in the 

Sri Lanka to join 13th CAEXPO as special guest country

Consulate General of Sri Lanka in Guangzhou has confirmed that Sri Lanka will join the upcoming China-ASEAN Expo (‎CAEXPO) as a special guest country in a confirmation letter to the Secretariat of CAEXPO earlier. 

Tea stakeholders come together to safeguard industry funds

All stakeholders of the country’s tea industry yesterday expressed their unmitigated and resolute opposition to the intention of the Finance Ministry to appropriate the funds accumulated by the Sri Lanka Tea Board, which had been collected from the Industry for global tea promotion.

Dubai’s SAIF industrial zone holds roadshow to woo Lankan investors

Officials of the Sharjah Airport International Free (SAIF) Zone in Dubai, recently visited Sri Lanka as a part of its international roadshows, in order to woo Sri Lankan investors to the mega industrial hub. “I hope that you expand into the Middle East region through this trade zone,” SAIF Zone & Hamriya Free Zone Director Saud Almazrouei told the roadshow attendees at the Taj Samudra yesterday. The SAIF Zone recently embarked on