Stafford Garments underlines commitment to sportswear

RBN, manufactured by Stafford Garments, is Sri Lanka’s first performance wear brand for men and women built with the Sri Lankan athlete in mind.

Sarada addresses WTO Spicing-Up Development Assistance Forum

National Chamber of Exporters of Sri Lanka (NCE) President Sarada De Silva addressed a World Trade Organisation (WTO) forum in Geneva, on the success of the Joint UNIDO–STDF–TSC Project, titled ‘Spicing-Up Development Assistance for the Cinnamon Industry of Sri Lanka’. 

LayUp named Sri Lanka’s best start-up at Seedstars Colombo

Seedstars World, the global seed-stage start-up competition for emerging markets and fast-growing start-up eco-systems, brought its Sri Lankan round to a successful close during Seedstars Colombo. The event took place recently at Trace City Expert and eight selected start-ups were invited to present their ideas in front of the local jury panel. 

Sri Lanka’s talent pool to get a reality check at Sri Lanka Economic Summit 2016

Sri Lanka Economic Summit 2016 will commence its second and the final day with a session dedicated for a reality check on the country’s existing talent pool, with the participation of top corporate executives and government officials, both from local and overseas. The session five of the summit ‘Growing Sri Lanka’s Talent Pool – Reality Check and Pragmatic Options’ has lined up Dr. Mohd Gazali Abas, Deputy Secretary

Techwell Engineering moves into new modern business complex

Techwell Engineering (Pvt.) Limited, a leading reputed manufacturer, sales and services provider in the sphere of electronic engineering in Sri Lanka, relocated to a new business premises recently. Techwell Engineering is now situated in an easily accessible, spacious modern complex at No. 177/6, Makola South, Makola. 

Tourist arrivals lose steam as visitors in June up only 2.2%

Tourist arrivals to Sri Lanka in June rose 2.2 percent from a year ago –slowest since November 2013– to

John Keells produce broking unit gets new CEO

John Keells PLC, the produce broking arm of the John Keells group said Hishantha De Mel was appointed

Vehicle registrations in May rebound

Sri Lanka’s vehicle registrations in May have rebounded recording a strong growth over April due to 

DIMO expands agricultural machinery portfolio with Agri brand

With a view of increasing productivity in the agricultural sector, Diesel and Motor Engineering PLC (DIMO) this week expanded its agricultural machinery portfolio by launching the DIMO Agri brand this 

Top poultry producer calls for consistent policies, removal of price controls

One of the country’s largest poultry producers called on the government to implement consistent policies for a smooth

Rupee edges up on dollar sales by foreign bank; stocks up

REUTERS: The Sri Lankan rupee edged up in one-week forwards yesterday, as dollar sales by a foreign bank 

Shares recover on bargain-hunting

REUTERS: Sri Lankan shares rose yesterday, recovering from a near three-month closing low hit in the previous session,

Post-war investment climate has not picked up: CB Governor

Newly appointed Central Bank Governor Indrajit Coomaraswamy said yesterday that Sri Lanka is yet to create an enabling environment that encourages investments.

Japan pledges Rs.305 mn grant aid for HRD scholarships

The Government of Japan has selected the 3rd batch of 15 prospective scholars under its Second Phase of Japanese Grant Aid for Human Resources Development Scholarship (JDS) Program – 2016 

Pro Food/Pro Pack & Ag-biz expo next month

Pro Food/Pro Pack & Ag-biz 2016, Sri Lanka’s only comprehensive food, agriculture and packaging 

SLGJA signs landmark MOC with China’s GDGJE

The Sri Lanka Gem and Jewellery Association (SLGJA) signed a Memorandum of Cooperation (MOC) with Guangdong

Over 13,000 Omega Line employees receive ‘Ransalu Pranama’ cards

‘Ransalu Pranama’ privilege debit card, exclusively for the benefit of apparel industry employee was launched at the Cinnamon Grand Hotel recently. 

EDB Chairperson becomes first Sri Lankan woman to receive WIFTS Lifetime Achievement Award

WIFTS Foundation International Visionary Awards 2016 was held at the Millennium Hotel in London UK among a gathering of international women achievers on 2nd of July. 

SME to sparkle under Facets 2016 show

The 26th edition of Facets Sri Lanka, the annual international gem and jewellery show, is putting the spotlight on small and medium gem and jewellery enterprises this year with the novel introduction of a 

Sri Lanka’s first 4-month budget deficit declines

Sri Lanka’s budget deficit for the first four months of 2016 declined to Rs.233.44 billion from Rs.271.52 billion

Tourist arrivals lose steam as visitors in June up only 2.2%

Tourist arrivals to Sri Lanka in June rose 2.2 percent from a year ago – the slowest in a month so far this year – to 118,038,

Shares post near 3-mth closing low on policy uncertainties

REUTERS: Sri Lankan shares fell for a 10th session in 11 and posted their lowest close in nearly three months 

Central Bank mulls hiking minimum capital for banks once again

Yet again, Sri Lanka’s banking regulator has indicated it would increase the minimum capital levels of all licensed 

Japan’s Uniqlo suspends most Bangladesh travel; others reviewing operations

REUTERS: Some foreign companies with nationals working in Bangladesh’s garment and building industries

Navin to be at next NCC ‘Meet the Minister’ programme

Plantation Industries Minister Navin Dissanayake will grace the National Chamber of Commerce (NCC) on ‘Meet the Minister’ programme for an interactive session with the business community on Tuesday, July 12, 2016, from 3:00 p.m. to 4:30 p.m., at the chamber auditorium, No: 450, D R Wijewardene Mawatha, Colombo 10.

BMICH stamps digital media presence with Facebook competition

Sri Lanka’s premier iconic venue, the BMICH recently stamped its presence in the digital media sphere with an interesting Facebook competition for its fans.

BoI signs agreement with Global Advanced Recycling Lanka

The Board of Investment of Sri Lanka (BoI) signed an agreement with Global Advanced Recycling Lanka (Private) Limited to manufacturers of ‘Greenorg’ quality certified organic fertilizer projects, representing at an investment of US $ 141-350+ million.

SampathCards offer biggest and best discounts in June

Continuing to be a top of the mind brand recall amongst consumers for lavish discounts and privileges, SampathCards has once again tied up with an exclusive array of premium partners to provide its MasterCard and Visa Credit Card Holders and Sampath Bank American Express Credit Card Members the best value added benefits coupled with a range of exciting discounts. 

A&E Lanka celebrates 125 years globally

A&E Lanka, part of one of the world’s leading thread solutions providers, marks 25 years as a truly American company and its parent company American & Efird (A&E) celebrates its rich heritage marking 125 years of success globally.

GiftSmart.lk transforms the way to gift

The tradition of gifting is one of the essential parts of wedding ceremonies intended to help newlyweds step into their new lives with ease.