Sri Lanka officially applies for GSP Plus

Sri Lanka applied to regain the Generalized System of Preferences Plus (GSP Plus) facility from the European Union

Sri Lanka to impose capital gains tax on stocks: Minister

REUTERS: Sri Lanka intends to impose a capital gains tax on profits from equities, a senior government

Seylan gets nod to list Rs.5bn debt securities on CSE

Seylan Bank PLC has received approval in principle to list its debt securities up to Rs.5 billion in the Main Board 

Singer Sri Lanka seen upping stake in sewing machine unit

Leader in white goods retailing, Singer Sri Lanka PLC this week bought further into its sewing machines manufacturing subsidiary

Sri Lanka to host World Export Development Forum in October

T h e E x p o r t Developmen t Board (EDB) yesterday briefed foreign diplomats and Lankan Consul Generals on the

AGM rush this year too as usual

Continuing the trend of exhausting their investors, the AGM rush for entities listed on the Colombo Stock Exchange continues

NeoChem moves to new premises in heart of Battaramulla

NeoChem International (Pvt.) Limited celebrated the opening of its brand-new office in Battaramulla in grand style with Mane Flavours & Fragrances Managing Director Sumit Dasgupta gracing the occasion as the chief guest.

Abans dries problems away with Hoover

Traditional tumble dryers have a reputation of being basic, noisy and inefficient appliances, however the continuous growth in technological advancements has played a major role in the development of 

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 eas

Local soft drink leader disappointed over govt. decision to intervene in beverage market

By Shabiya Ali Ahlam Ceylon Cold Stores (CCS), Sri Lanka’s market leader in carbonated soft drinks and frozen

Brexit an opening for UK-SL trade agreement: Rishad

Brexit has given Sri Lanka the opportunity to negotiate a bilateral trade agreement with the UK, Industry and Commerce

Lion shifts distribution approach to consolidate in US market

Sri Lanka’s largest brewery, Lion Brewery (Ceylon) PLC (Lion) is consolidating and changing its beer distribution channels in the United States (US) to create a platform for better growth, which has yielded a short-term decline in export revenue.

Amana Takaful to float life biz through Rs.75mn IPO

Amana Takaful Life Limited (ATLT), the fully-owned subsidiary under the Amana Takaful PLC group, yesterday announced the opening of its Initial Public Offering (IPO) on July 21 to raise Rs.75 million by way

Shares down for sixth session; Brexit woes weigh

REUTERS: Sri Lankan shares fell for a sixth straight session yesterday as investors turned cautious after the

Rupee forwards down on stronger dollar

REUTERS: Sri Lankan rupee one-week forwards fell yesterday as a strong dollar after Britons voted to leave 

Sun Furni City partners Metropolitan as Killinochchi dealer

Metropolitan opened its newest dealer showroom at Killinochchi recently.  The showroom located on the A9 Killinochchi road is in partnership with ‘ Sun Furni City’ managed and owned by Suleka Lurendran.

GIZ and CCC support Eastern, Central businesses

The Sri Lankan-German SME Development Programme, implemented by GIZ in cooperation with Finance Ministry Sri Lanka, aims to support a cohesive policy framework enabling SMEs to grow in an inclusive and eco-friendly manner. Through a wide range of technical assistance, it helps enhance competitiveness of SMEs through technology transfer, innovation and improved access to finance. The programme is funded by the Federal Ministry for Economic Coopera

Global tourism giants to speak at Sri Lanka Economic Summit 2016

Senior executives of the globally acclaimed tourism players such as Shangri-La International, Australian Tourism, AirBnB, DERTOUR and JKH are expected to take the podium at the upcoming Sri Lanka Economic Summit 2016 to discuss the country’s highly potential tourism sector.

JP Roofing partners Construction Expo as Gold sponsor

Construction Expo 2016, Sri Lanka’s most comprehensive exhibition featuring all aspects related to the construction and building industry is scheduled to be held on 29th, 30th and 31st of July at the BMICH.

CMA Sri Lanka holds first speechcraft awards ceremony

The CMA Sri Lanka Toastmasters Club conducted their first speechcraft program sponsored by the Institute of Certified Management Accountants of Sri Lanka. (CMA). 

Licensed car dealers call for level playing field

The Colombo Motor Traders Association (CMTA) last week said that continuous ad-hoc policy making has been extremely advantageous for used car importers, while endangering the survival of professional licensed car dealers.

Brexit could boost case for trade protectionism: HSBC

Britain’s surprising decision to leave the European Union (EU) after 43 years in the 28-nation bloc will likely resurface 

Importers call govt. to be more consistent in policy making

The country’s exporters last week hinted that they were not getting due recognition to their contribution

Sri Lanka’s manufacturing contracts but services up in May

Sri Lanka’s manufacturing activities have contracted for the second month in a row in May, according to the newly compiled 

sian Alliance to sell general insurance unit to Fairfax in Rs.1.27bn deal

Asian Alliance Insurance PLC (AAI), a unit of diversified Softlogic group is to sell its entire stake in its fully-owned subsidiary

Access Engineering awarded subcontract for Polgahawela flyover

Access Engineering PLC, the foremost engineering company in Sri Lanka, was recently awarded the subcontract to construct the Polgahawela flyover, a much-needed solution for heavy traffic snarls daily amass at Polgahawela railway crossing.

NTB announces appointment of Russell De Mel to director board

Nations Trust Bank announced the appointment of Russell De Mel to its Board of Directors, effective from 6th June 2016. 

CMA National Management Accounting Conference 2016 to feature top speakers

Prominent speakers will address and take part in panel discussions on day one of CMA National Management

Kelani Cables holds ‘Kelani Knowledge Forum 2016’

Kelani Cables PLC, Sri Lanka’s number one brand in secure electrical and communication cables held its annual

CCC urges need for Sri Lanka to diversify export markets

The Ceylon Chamber of Commerce in a statement has outlined the impact from financial markets channels