SL’s largest private hospital to celebrate Vesak with ‘NFTH Vesak Kalapaya’

As par t of its corporate social responsibility (CSR) initiatives, Sri Lanka’s largest private hospital Dr. Neville

Eurozone growth strengthens to 0.6% in first quarter

AFP - Growth in the eurozone strengthened far beyond expectations in the first quarter of 2016, but inflation

China’s Baidu eyes driverless car production by 2020

AFP - Chinese search engine giant Baidu is planning to produce driverless cars by 2020, its chief executive said,

WCIC to recognize outstanding businesswomen at ‘Woman Entrepreneur of the Year Awards’ again

The Women’s Chamber of Industry and Commerce (WCIC) once again will lend voice to amplify the good

Protest-hit France sees better-thanexpected growth

AFP - France posted yesterday an acceleration in economic growth at the start of 2016, a rare dose of good

LMD-EFM Biz Talk launched for career-focused listeners

E FM together with LMD presents ‘Biz Talk’, every Tuesday and Thursday from 6:30 to 6:45am commencing from April 5, broadcasted islandwide on 88.3 FM. In another pioneering step forward by E FM,

Action plan adopted to boost UK-Sri Lanka bilateral trade

Minister of Development Strategies and International Trade Malik Samarawickrama led Sri Lanka delegation 

Double A Sri Lanka’s ‘Friends of the Planet’ campaign approaches final stage

Double A has reached the final round of the ‘Friends of the Planet’ project launched in collaboration with the

BitMasters clinch top accolades at Microsoft Imagine Cup 2016

BitMasters, a team of students from the University of Moratuwa, were adjudged winners in two categories 

Indian tycoon Mallya prepared to settle debts: FT

AFP - Former Indian airline boss Vijay Mallya said he is prepared to settle millions of dollars owed to banks

Asia markets end week on low after Wall St losses

AFP - Asian stocks mostly fell yesterday following losses in New York while concerns about the global 

Sri Lanka’s monetary easing space limited: Moody’s

Depreciation pressures weighing on the rupee and the private credit which is still running high will leave

Tea exports improve in 1Q16; earnings in dollar terms dip

Sri Lanka’s tea exports have moved to the positive territory in the first quarter of 2016 (1Q16) with March showin

Shares end higher led by large-caps

REUTERS: Sri Lankan shares rose for a third straight session yesterday led by large-caps on positive sentiment after

Megapolis already an accelerated project: minister

In response to the concerns expressed by various quarters on the proposed Western Region Megapolis

Statistics office upgrades data collection process with Korean support

??By Shabiya Ali Ahlam Sri Lanka yesterday benchmarked its regional peers in the area of data collection

People’s Leasing March quarter net up 2.1%

State-owned People’s Bank subsidiary and the largest non-bank financial sector entity, People’s Leasing

Batticaloa Int’l Trade Exhibition in October

Batticaloa International Trade Exhibition (BITE) 2016 is scheduled to be held on September 30 and October 1-2, 2016 at the Shivananda Vidyalaya Grounds in Batticaloa.

CIMA pass rates increase in Sri Lanka

With an increase in pass rates, the Sri Lankan students have regained their high performance trend at the Chartered Institute of Management Accountants (CIMA) examinations. 

Success for over 40 Lankan education institutes participated at Maldives Education Expo 2016

The Maldives International Education and Careers Expo concluded in a grand scale on April 23, 2016 at Dharubaaruge. The three-day event saw over 1500 students and young adults visit the exhibition during the three days. 

PF-CICIR sign MoU to enhance mutual understanding and cooperation

A five-member delegation from one of China’s oldest and largest think-tanks – the China Institutes of Contemporary International Relations (CICIR) – undertaking a three-day visit to Sri Lanka, held discussions with Pathfinder Foundation (PF) founder Milinda Moragoda and the senior officials of the foundation on April 27.

National Chamber hosts B2B meetings with Czech delegation

The National Chamber of Commerce, in association with the Embassy of the Republic of Czech, will conduct business-to-business (B2B) meetings with a Czech delegation comprising of six business organisations for the business community to meet their counterparts.

Sri Lanka pushes for open government with OPG

The Foreign Affairs Ministry in collaboration with the Open Government Partnership (OGP) held a launch to coincide the visit of the OGP officials in Sri Lanka. The event took place on April 4 and 5 at the BMICH over a period of one and half days. 

Sri Lanka keeps policy rates steady

Sri Lanka yesterday decided to keep the policy interest rates steady as the Central Bank said the impacts

Tax holidays under BOI comes to an end

??By Yohan Perera Sri Lanka will stop granting tax concessions under Board of Investment (BOI) law and it 

Global Rubber ups Sanasa stake over 10%

Leading industrial rubber tyres manufacturer Global Rubber Industries Private Limited has upped its stake 

Sampath Bank to raise up to Rs.6bn via listed debt

The country’s third largest private bank, Sampath Bank PLC is to raise up to Rs.6 billion through a listed debt

SL urged to get policies right for globally-competitive apparel sector

??By Shabiya Ali Ahlam Sri Lanka’s apparel sector has been urged by the World Bank (WB) to capitalise

A T Cooray introduces high-tech office interiors

For almost 90 years A T Cooray has been known in the furniture manufacturing industry as the go-to place for innovative and quality designs for office interiors. 

NDB Securities releases report on GSP+

NDB Securities (Pvt.) Ltd (NDBS) released a report on the Generalized Scheme of Preferences (GSP) special incentive arrangement (GSP+) and its expected impact on the apparel sector of Sri Lanka. The report makes some interesting revelations about the expected time horizon for which Sri Lanka may be eligible for this scheme, whilst also analysing two listed companies in the textiles and apparels sector.