Panama Papers: Family of China’s President Xi implicated

AFP: The families of some of China’s top communist brass -- including President Xi Jinping -- used offshore tax havens to conceal their fortunes, a treasure trove of leaked documents has revealed. At least 

Indonesia grants Sri Lankans visa-free entry to enhance commercial activities

Indonesia says it is now offering visa-free entry to Sri Lankans in a bid to help enhance commercial activities 

John Keells Foundation felicitates partners and contributors

Henry Ford once said “Coming together is a beginning, keeping together is progress; working together is success.”  This was highlighted at a celebration of John Keells Group’s CSR partners held on 28th March at Cinnamon Lakeside Colombo.

EFC and ILO call for sustainable partnerships for youth employment

The Employers’National Network of Youth Initiatives (ENNYI), an initiative of the Employers’ Federation of Ceylon (EFC) and supported by the International Labour Organization (ILO),which had its soft launchlast month at the EFC premises, was officially launched at the Taj Samudra on March 23rd. 

Over 30 Lankan institutes to participate in Maldives Education and Career Expo

The Maldives International Education and Career Expo will be held for three consecutive days from the 21st to the 23rd of April 2016 in Male. The event is the only exhibition focused for the education sector in Maldives and will be patronized by keen students who have clear intentions on furthering their education in Sri Lanka or overseas.

ADMO Solar joins hands with Construction Expo as Solar Energy Partner

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.  

New Venture Engine award recognises high growth business plans with social impact

Venture Engine, a platform already widely recognised for empowering Sri Lankan entrepreneurship is keen to attract high growth potential companies, both start-ups and firms looking  to expand, which also have a social impact. 

SL’s planned sovereign bonds may come at a hefty risk premium: economists

Sri Lanka could end up paying an additional risk premium for its planned US $ 3 billion sovereign bond issuances

Top banker expects 100bps rise in interest rates

??By Chandeepa Wettasinghe Interest rates in Sri Lanka are likely to tick up by as much as 100 basis points 

SL’s unemployment edges down to 4.3%

Sri Lanka’s unemployment rate narrowed to 389,062 persons or 4.3 percent during the fourth quarter of 2015 (4Q15)

Krishan appointed as Director to JKH leisure firms

The country’s largest conglomerate, John Keells Holdings PLC has appointed Krishan Balendra as a Non- Executive Director of its leisure subsidiaries. Balendra will enter the boards of Trans Asia Hotels PLC,

Capital market regulator wants more pension fund participation in bourse

The Securities Exchange Commission (SEC) would like to see greater investments from the state-controlled private

Magic launches ‘PaniAluwa’ ice cream adding seasonal flavour to its range

Magic, Sri Lanka’s No. 1 dairy ice cream, has once again unveiled its ‘limited edition’ surprise for the upcoming Sinhala and Tamil New Year season. 

Fashion and protection: Sunglasses to protect your eyes

Rising temperatures are being felt all over the world and the heat is particularly severe in Sri Lanka right now

Arpico helps south celebrate ‘Avurudu’ with new Supercentre in Galle

Galle has received its own Arpico Supercentre following the recent opening of the retail giant’s latest hypermarket in the heritage-rich southern port city.

Lifebuoy Shampoo strengthens bonds of friendship at National Scout Jamboree

Lifebuoy Shampoo, Sri Lanka’s trusted shampoo brand, which promises stronger hair, partnered with the Sri Lanka Scout Association to be the total haircare partner for the ninth National Scout Jamboree.

Scan Jumbo Peanuts presents mountain bikes to ‘CycleWessa’ promo winners

The final round of winners in the Scan Jumbo Peanuts ‘CycleWessa’ promotion received their mountain bikes recently,

Sampath Bank wants to be among top three listed companies: MD

??By Chandeepa Wettasinghe Sampath Bank PLC will be aiming to become one of the three largest listed entities in the Colombo Stock Exchange in the future. “When we come back next time, we want to be i

Hemas launches ‘Baby Cheramy Mathru Sathkara 2016’

??By Zahara Zuhair As an initiative to safeguard health, nutrition and wellbeing of expectant mothers, Baby

Land Rover partners with ‘Around the Pearl 2016’

Land Rover is proud to be a partner of ‘Around the Pearl 2016’ (ATP), which is set to take place from April 7 to 17, 2016. The 10-day bicycle tour spans the entire coastline of Sri Lanka and will raise public

Emerald launches ‘Crowning Princes of Emerald Avurudu’ collection

Emerald, Sri Lanka’s premier brand of men’s shirts, launched its latest collection of exquisite shirts styled around the theme of ‘Princes for the New Year, Gentlemen for Life’ in time for the upcoming Sinhala 

Sri Lankan five-day rupee forwards steady on dollar sales by state bank

REUTERS- Sri Lankan fiveday rupee forwards traded steady yesterday as dollar selling by a state bank helped offset demand for the greenback from importers, dealers said. The forwards, which act as a proxy 

SLT rewards T20 promo winners with trip for finals in India

SLT organised an award ceremony to reward the winners of the company’s PEO TV T20 promotion, which

BOI signs sixteen new agreements during Jan-Feb

The Board of Investment of Sri Lanka signed agreements for 16 new projects during January / February 2016. The agreements were signed on behalf of the Board of Investment by Chairman Upul Jayasuriya, 

Prima KottuMee rewards ‘Hot & Spicy Kricket’ promo 1st round winners

Prima KottuMee has come up with yet another way to add some extra excitement to the T20 World Cup.

Sri Lankan fans watch World T20 with Dialog ‘Wish & Win’

Another 35 Sri Lankan cricket fans will take wing to India to watch Sri Lanka play at the World T20, winning the grand prize of Dialog’s Cricket Wish & Win competition. Previously 42 fans visited Bangladesh

Japan leads Asia market losses after business survey

AFP - Tokyo stocks plunged yesterday to lead losses across Asian stock markets after a closely watched survey showed confidence at Japan’s top manufacturers had fallen to a three-year low. A surprise j

PRISL launches industrydriven degree-level polymer science and technology course

The Plastics and Rubber Institute of Sri Lanka (PRISL) recently launched its threeyear Graduateship Course in Polymer Science and Technology at a simple ceremony at its headquarters in Rajagiriya. The

OPPO launches Selfie Expert F1 ICC WT20 limited edition

OPPO Camera Phone, a leading global technology brand, announced the launch of the OPPO Selfie Expert 

Pearson BTEC qualifications accepted by over 1000 universities worldwide

Pearson’s BTEC qualifications have achieved great prominence across many countries and today are recognized