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.

Oil prices trade near US$ 42 in Asia

AFP - Oil prices traded near $42 in Asia yesterday as US markets took a break for Thanksgiving and Russia ruled out a military strike against Turkey for shooting down one of its warplanes.

Shares fall to 4-1/2 month closing low on budget worries

REUTERS: Shares edged down and closed at their lowest in four-and-a-half months yesterday on worries earnings of financial firms would fall after the new budget proposals announced last week were implemented.

New York reassures tourists after terror threat

AFP - New York is reassuring tourists that America’s biggest city is safe as it prepares to welcome more than five million visitors for the busy holiday season after the Paris attacks.

CSE team excels at the Great HR Quiz

The Colombo Stock Exchange won 1st place in the “Special” category at the Great HR Quiz, held at Galadari Hotel on the 13th November 2015.  With participation from 47 top companies around the country, the quiz team of the Colombo Stock Exchange placed 8th in the overall standings and emerged 

Some nations want total reboot of global trade talks: WTO chief

AFP - The World Trade Organization remains deeply divided over its flagship global trade pact ahead of a key conference in Nairobi, with some members suggesting negotiations should “start from scratch”, the WTO chief said this week.

S. Korea bans imports of French poultry

AFP - South Korea has imposed a ban on imports of French poultry and live birds after the European country reported a bird flu outbreak.

Ceylinco Life policyholders celebrate early wins at ‘Family Savari 9’

Ceylinco Life’s ‘Family Savari 9’ mega promotion is not over, but already, 265 policyholders and their families are celebrating the news that they have won places at next year’s tours to Singapore and Leisure World.

Unforgettable moments with HSBC Premier this season

With the holiday season approaching fast with its bevy of seasonal activities, HSBC Premier is keen to make this season one of joyful giving, where customers get to experience unforgettable moments with family and friends.

Etisalat to sponsor ‘Enrique Iglesias Live in Sri Lanka’ event

Etisalat Lanka is the official main sponsor of Sri Lanka’s biggest musical event, ‘Enrique Iglesias Live in Sri Lanka’. Enrique Iglesias, a Grammy award-winning Spanish/English artist deemed the ‘King of Latin Pop’, will be performing in Colombo on December 20, 2015, at CR&FC Grounds as part of his on-going world tour.

Samsung awards ‘60 Days of Happiness’ promo winners

Samsung Electronics in Sri Lanka recently concluded its ‘60 Days of Happiness’ celebrations and has now begun giving away daily and weekly prizes in the run-up to unveiling the grand-prize winner of the promotion. 

Tissot wins high at International Timing Competition

Tissot was awarded an exceptional four prizes at the International Timing Competition. It won the first prize for both the brand-new Chronograph – Enterprise category and for the Classic – Enterprise category for which it also

UTE delivers Cat excavators to govt.’s Climate Resilience Improve Project

United Tractor & Equipment (Pvt.) Ltd (UTE) recently delivered eight Hydraulic excavators of the Cat 312D2 series for Climate Resilience Improve Project (CRIP) of Sri Lanka’s Irrigation and Water Resources Management Ministry.

‘Do you believe in magic?’ ODEL asks with dazzling X’mas makeover

The magic of Christmas and the festive season made an early appearance at Sri Lanka’s favourite department store with ODEL’s annual Yuletide makeover transforming the Alexandra Place mansion in characteristically glamorous fashion.