Ex-Tamil Tigers go jobless in Sri Lanka

Vallipuram, Sri Lanka (IRIN): Almost seven years after the end of Sri Lanka’s decades-long civil war, the majority of former Tamil Tiger rebels are struggling to find jobs despite billions of dollars of extra investment in their regions.

‘Destination Sri Lanka’ lures tourists at Vakantiebeurs 2016

?Sri Lanka Tourism Promotion Bureau together with nine industry members were at the largest tourism fair Vakantiebeurs 2016 in The Netherlands promoting the island among Dutch tourism trade and travellers. 

National Chamber to hold session with Norway Ambassador

A session on ‘Bilateral trade between Sri Lanka and Norway’ will be held on Wednesday, January 20, 2016 from 3:00 to 4:30 p.m., at the Chamber Auditorium, No: 450, D R Wijewardene Mawatha, Colombo 10.  

Oil price falls below US $ 28 a barrel as Iran sanctions lifted

?BBC: The oil price has fallen below US $ 28 a barrel amid fears the lifting of Western sanctions on Iran could worsen the existing oversupply problem.

Shares fall to near 19-month low on rising rates

REUTERS: Sri Lankan share index fell about 2 percent to near 19-month low yesterday due to rising yields and as investors sold their stocks to settle margin trading, brokers said.

IEEMA delegation promotes Elecrama-2016 in Colombo

?Aiming to strengthen the trade partnership between India and Sri Lanka, a high-profile delegation from the Indian Electrical and Electronics Manufacturers’ Association (IEEMA) visited Sri Lanka last week to promote Elecrama-2016 and boost economic ties between the two nations.

SriLankan’s carbon footprint second lowest in Asia Pacific

An international travel magazine has ranked the national carrier SriLankan Airlines among the airlines with the lowest carbon footprint in the Asia-Pacific region. 

RPCs condemn attack on Lelwala estate executives

?Condemning the recent attack on the manager and the field executive of the Lelwala Estate managed by Elpitiya Plantations, the Regional Plantation Companies (RPCs) have urged the authorities to take immediate and strict action against the perpetrators. 

Top EU delegation in town to discuss GSP Plus

A high profile mission from the European Union (EU) headquarters in Brussels comprising of officials from the European Commission (EC) and European External Action Service (EEAS) will be visiting Sri Lanka from today to January 22,

OBG prepares to launch first-time country report

Better marketing and branding of Sri Lankan teas overseas, together with the potential for liberalising the industry, were just some of the issues discussed with Rohan Pethiyagoda, the newly inducted Chairman of the Sri Lankan Tea Board,

Oxfam says wealth of richest 1% equal to other 99%

?BBC: The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam.

Sri Lanka telco outlook improves with new budget: Fitch

Fitch Ratings has revised the outlook on Sri Lanka’s telco sector to stable from negative as the new budget, introduced in November 2015, has scrapped the recurring taxes which could have diluted the industry’s EBITDA margin by an average of 6-7 percent. 

Barista Lavazza celebrates true meaning of the season with giving

?Barista Lavazza, Sri Lanka’s most popular coffee house chain celebrated the season by making a difference in a child’s life. 

HNB Grameen takes lead in child protection issues

Two inaugural conferences of a series of awareness raising conferences organized by HNB Grameen Finance Ltd under the theme “For a protected generation of children” with a view to enlightening the entire society on child abuses encountered ...

Laugfs’ annual book gifting campaign rolled out for 11th year

?The Sri Lankan business conglomerate, Laugfs Holdings Limited, demonstrated its continuing commitment to forging strong bonds with its employees by recently organizing its annual gifting of books and stationery as part of its Staff Welfare Program for the 11th consecutive year.

Berendina holds fund raising walk for ‘Rural Student’ scholarship program

?“A Walk for Education”, an initiative taken by Give2SriLanka, (www.give2SriLanka.com) was held at the Racecourse Grounds, Colombo 7 recently. 

ADMO Solar receives Gold for Green Mark Certification

ADMO Solar, Sri Lanka’s premier Solar Energy Solutions provider reached new heights as the only company in the solar energy industry in Sri Lanka to be awarded the ‘Green Mark Certification-Gold Award’ presented by the Ceylon Institute of Builders

Godfather of modern cooking Marco White at Cinnamon Grand

Marco Pierre White, the ‘Godfather of modern cooking’ and celebrated restauranteur arrived at Cinnamon Grand last afternoon and was given a warm welcome by the Cinnamon Grand team as he begins his 12-day tour in Sri Lanka. 

Colombo hosts Ogilvy Public Relations annual leaders conference

?Colombo played host to over 70 worldwide leaders from internationally renowned agency Ogilvy Public Relations this week. 

JITF to feature higher education exhibition

?The Jaffna International Trade Fair (JITF), the most comprehensive multi-product exhibition in the North, will feature a specialized ‘higher education and career guidance’ pavilion, during the three days of this mega trade and consumer show.

Barista takes great coffee to Unawatuna

Colombo’s favourite coffee house chain Barista Lavazza which has been on a recent drive to bring its unique brand of coffee and exceptional service to islanders across the nation, recently opened its latest outlet in the tourist hotspot of Unawatuna.

PayMedia selected for the global connector programme

?MIT’s Global Startup Labs (GSL) and Singapore Campus for Research Excellence and Technological Enterprise (CREATE) are joining forces to offer the Global Connector Program (GCP) to alumni of MIT GSL’s incubator programs. 

Port City Project – Minimal impact on granite resources in Western Province

In a detailed study in the recently released Supplementary Environmental Impact Assessment (SEIA) report of the Port City Project, it is revealed that when considering the quarry material requirement for the Port City...

Union Assurance shines at 51st ICASL Annual Report Awards

?The Institute of Chartered Accountants of Sri Lanka (ICASL) recently concluded its Annual Report Awards Ceremony, with award winners being recognised for financial and non-financial reporting excellence.

JLanka partners workshop on photovoltaic

?With the intent of promoting solar energy use in the country, JLanka Technologies has partnered the iconic 5th installment of the workshop on photovoltaic. The seminar will address the need, science and applications of photovoltaic technology. 

Unilever Challenge finalists announced

?Unilever Sri Lanka recently selected four undergraduate teams as finalists for the Unilever Challenge, a unique competition for undergraduate students which allows them to work with world renowned brands and experience brand management as a career. 

OCBT Campus offers Biz Mgt and & Interior Design courses

?OCBT Campus, The University for Innovative Business and Technologies in Asia, is part of an international collaboration with links to a wide range of reputable Universities, Colleges in the UK, USA, India, Sri Lanka and Australia. 

DSI introduces ‘Inc.5’ to local market

?DSI starts the New Year with a bang by introducing yet another new brand to the footwear market of Sri Lanka. 

Seylan connects migrant employees and their loved ones

Inward remittances have steadfastly been the premier foreign exchange earner of Sri Lankan economy. With a large expatriate workforce employed in countries such as Saudi Arabia

SLID promotes director development

Disagreements in the boardroom are unavoidable. Especially when the board has independent-minded, skilled and outspoken directors, each contributing expertise and talent that is relevant for the future of the company.