PM to deliver 12th Sujata Jayawardena Oration

Prime Minister Ranil Wickremesinghe is scheduled to deliver the 12th Annual Sujata Jayawardena Memorial Oration on 11th December at the BMICH.

idac opens Kirulapone, Kalubowila Daikin Air Conditioning Solutions Plazas

Two Daikin Air Conditioning Solutions Plazas by idac were opened recently by Daikin Group Japan Deputy Regional Manager Junichi Ohmori, Deputy Managing Director Hitoshi Tanaka,...

Admo Solar delivers 100% power- saving benefits to Kurunegala PCO

Admo Solar, the renewable energy solution provider in Sri Lanka, which is part of Vinseth Engineering (Pvt.) Ltd, successfully carried out a solar energy project for the Kurunegala Provincial Council office complex (PCO) recently. 

Durra Building System wins National Green Award in ‘Waste Recycling’

Durra Building System (Pvt.) Limited, a subsidiary of International Construction Consortium (ICC), won the Bronze award in ‘Waste Recycling’ at the recently concluded National Green Awards Ceremony 2015 organised by the Central Environment Authority of Sri Lanka.  

Singer introduces new range of Sharp products

Singer Sri Lanka, the exclusive agent for Japan’s Sharp electronics and appliances in the country, continues to make significant strides in the local consumer durable industry to enhance consumer lifestyles.

CIMA LMD 100 Awards Ceremony today

CIMA Sri Lanka along with the pioneering business magazine LMD will be recognising companies that were named in the LMD 100’s Hall of Fame, at a sit-down gala dinner.

‘Naturplus’ biodegradable lunch sheets in Sri Lanka

Plastic Pakaging Pte Ltd which manufactures and exports very thin film polythene bags and sheets from 3 microns upwards to the UK and Maldives for the last 28 years recently manufactured...

Singer adds new products to Prestige Kitchenware portfolio

Singer Sri Lanka PLC further extended its ‘Prestige’ Kitchenware brand portfolio in Sri Lanka by introducing a gas cooker with glass top, mixture grinder, wet grinder, stainless pressure cooker and non-stick cookware range.

Tax regime changes causing problems to formal and informal accommodation providers

The informal sector accommodation providers in the country could face problems in transitioning to the formal sector, while formal sector small and medium scale enterprises (SMEs) will have trouble expanding due to the changes to the tax regime in the Budget 2016.

High net worth individuals to benefit more from new personal tax reforms of Budget 2016

?High net worth individuals have been provided a host of benefits in the Budget 2016, possibly in an interpretation of the social market economic theory of providing a strong safety net for citizens.

HSBC Advance customers catch the action at Abu Dhabi F1 - Grand Prix

?Three lucky HSBC Advance customers got the chance to soak in the sporting action at the biggest sporting event in the middle east and final race of the 2015 season– the ABU DHABI F1 - GRAND PRIX at the awe inspiring Yas Marina Circuit in Abu Dhabi. 

Mobitel mulls strategic acquisition

?Mobitel (Private) Ltd, the mobile arm of state-controlled Sri Lanka Telecom PLC said it was considering a “strategic acquisition” of a “local operator” to enhance its market position and asset base.

Fifth ‘Ease of Doing Business’ forum tomorrow

?The Finance Ministry will be holding the fifth forum of the ‘Ease of Doing Business’ on December 01, at 2 p.m. at the 4th floor auditorium of Miloda, Academy of Financial Studies, (Old Times Building), Sir Razik Fareed Mawatha, Colombo 01.

next Sourcing recognizes top-performing suppliers

Next Sourcing, a fully-owned subsidiary of the retail clothing and accessory giant next Plc - UK, recognized and rewarded its supplier base at the Suppliers’ Seminar held at the Park Street Mews Colombo recently. 

Attracting millennials is easy - keeping them is harder

Many businesses are offering sleek smartphones, tablets, and laptops in their eager to attract young talent. Even though this is a positive trend and a smart strategy, many companies forget the software that will ultimately run on these devices. 

Zaizi recognized amongst top enterprise content management providers

CIO Review announce their top 20 Enterprise Content Management Suppliers for 2015 In November, CIO Review released their Enterprise Content Management Special. 

Informatics International wins top award at APITCA 2015

?Informatics International receiving the award for the government and public sector category at APITCA 2015

Lankan export facilitation opens wider

?Sri Lanka’s apex platform to solve exporters’ issues, the Exporters’ Forum, wrapped its seventh session successfully recently with a significant change to the ongoing interaction process; the Lankan exporters may no longer need to agonise till the next forum announcement to find solutions. 

HSBC hosts corporate clients for Budget 2016 forum with FinMin

?Finance Minister Ravi Karunanayake addressed a cross section of the Sri Lankan business community at an exclusive forum organised by HSBC on the 2016 Budget highlights. 

Sri Lanka marks Global Entrepreneurship Week 2015

?As over 160 countries marked Global Entrepreneurship Week (GEW) 2015, a full house of budding and established entrepreneurs in Colombo came together to discuss what it takes to be an entrepreneur at a forum held at the Informatics Institute of Technology last week.

Ranawaka explains Megapolis concept to Ceylon Chamber members

Megapolis and Western Development Minister Champika Ranawaka said the government will unveil the ‘master plan’ it has developed to build Sri Lanka’s proposed ‘Western Region Megapolis’, during early January 2016.

LBR LBO Debrief ‘Business Climate Outlook of 2016’ on Dec. 8

LBR LBO Debrief ‘Business Climate Outlook’ is now a must-attend event prior to the new calendar year begins, to gain valuable insight to the unfolding economic and political scenario at global, regional and local levels. 

AmCham with top corporates aims to combat counterfeit

As part of the ‘Stay safe from fakes’ campaign to address the issue of violations of intellectual property rights (IPR) in Sri Lanka, the American Chamber of Commerce...

Biz leaders join hands to launch Sri Lanka Retailers’ Association

?Local business leaders and retail professionals have joined forces to form the Sri Lanka Retailers’ Association, a first of its kind in the country. 

FM defies calls for anti-dumping laws before tariff reduction; but red clay industry given boost

?Defying calls by the country’s ceramic producers to introduce anti-dumping laws before any downward revision of the import duties on ceramic products, the country’s defiant Finance Minister has proposed to remove the import tariff protection for domestic ceramic tile manufacturers.  

Ananda Sirisena & Company succeeds in incorporating over 250 companies

?Ananda Sirisena & Company, a registered corporate secretaries and incorporator recently concluded successfully incorporating its 250th company in to the local business fraternity. 

‘Guru Geethaya’ gets QUBE master PRO DCP mastering Certification in Sri Lanka

World’s leading DCP mastering solution is now available in Sri Lanka only from the leading production house FINE VISION Group. QUBE master PRO 

Sri Lanka makes it difficult to do business

?Sri Lanka has made it difficult to incorporate and carry out a business by slapping annual fees on company registrations, as against to the new government’s quest to improve its Doing Business Index ranking and promote entrepreneurship.

Rishad calls for more industrial training in school curriculum

Sri Lanka’s proposed economic reforms are of such a magnitude that it is possibly the third generation of reforms in the country’s economic history, and Lankan youth are increasingly attracted to services and it is now time to enlist them to manufacturing as well, said Industry and Commerce Minister Rihad Bathiudeen, presenting his Budget speech in Parliament yesterday.

Three top Chinese brokerages under investigation

AFP - Three of China’s biggest brokerages are being probed by the market regulator for suspected “rule violations” as a crackdown on the financial sector intensified, it emerged yesterday as the country’s stock markets slumped.