CIMA Regional Head visits CA Sri Lanka

The Regional Director for Asia Pacific of the Chartered Institute of Management Accountants (CIMA), Irene Teng paid a courtesy call at the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently. 

Tissa Seneviratne elected new CNCI Chairman

The Ceylon National Chamber of Industries (CNCI) had its 54th Annual General Meeting (AGM) on 23rd October  at Hotel Taj Samudra, Colombo.  

ICCSL to hold AGM, mark diamond jubilee tomorrow

The Annual General Meeting and 60th anniversary celebrations of the International Chamber of Commerce Sri Lanka will take place at Hotel Galadari Colombo on the 05th November. 

Government of Japan confers decoration on Lal De Alwis

On 3rd November 2015, the Government of Japan announced the conferment of “The order of the Rising Sun, Gold Rays with Rosette” upon C. Lal De Alwis, in recognition of his significant contribution in strengthening and deepening Japan and Sri Lanka relations.

National Chamber supports ‘APICTA 2015’ with Silver sponsorship

The  APICTA – 2015 (Asia Pacific ICT 2015 ) will be held from 18-21 November 2015 at Cinnamon Lakeside  Colombo , organised by  the Federation of Information Technology Industry Sri Lanka (FITIS) and BCS, the Chartered Institute for IT Sri Lanka Section.

DB Schenker partners with Aitken Spence in Sri Lanka and Maldives

?As at September 1, 2015, DB Schenker welcomes DBS Logistics Ltd as its newest network partner for Sri Lanka and Maldive Islands. DBS Logistics Ltd was formed to solely represent DB Schenker in Sri Lanka and Maldives for Air & Ocean Freight as well as Project Cargo. 

Sri Lanka’s interest rates should rise in coming months: economist

Amid Finance Minister Ravi Karunanayake calling for 100 to 200 basis points cut in interest rates, a senior economist in the country cautioned against such a move and instead said the interest rates should be increased.

Three cases reopened, investigation division to expand in Nov., says SEC Chairman

LBO: The Securities and Exchange Commission of Sri Lanka (SEC) has reopened three cases as part of probes that will be carried out by an expanded investigations and enforcement division, the SEC Chairman said.

JKH leisure sector numbers reflect changing tourism landscapes in Sri Lanka, Maldives

The leisure sector performance of the country’s premier blue chip John Keells Holdings (JKH) shows the changing picture of tourism in Sri Lanka and the Maldives

Chevron Lanka 3Q net profit up 11%

?Chevron Lubricants Lanka PLC, the local unit of US-based multinational, saw its September quarter (3Q15) net profit increasing 11 percent year-on-year (YoY) to Rs.834.76 million.

Govt. should restart debate on reforming regulatory structure: Eran

?The government should restart an old debate to decide on the reforms required for the current regulatory structure in the country, State Enterprise Development Deputy Minister Eran Wickramaratne said.

Carson group’s real estate subsidiary to go private

Equity One PLC, a real estate subsidiary of diversified conglomerate Carson Cumberbatch PLC, announced that it intends to delist from the Colombo Stock Exchange (CSE).

Access Engineering Rs.5bn debt issue gets CSE nod

?Access Engineering PLC yesterday received the principle approval to list its debt securities on the Colombo Stock Exchange (CSE).

Pizza Hut Union Place reopens with new look

Pizza Hut’s flagship restaurant at Union Place has been refurbished to bring an all new dining experience.

EBC takes new stance on radio

Over the years, the three stations owned by the EAP Edirisinghe Group of Companies, Shree FM, Ran 1 FM & E-FM, executed some of the most innovative radio promos and interactive programs, ...

Velvet soap marks ten years touching millions of Sri Lankans

?A decade ago, the dawn of a new era in beauty soap began with the launch of Velvet, a 100 percent locally manufactured soap bar. 

Ceylon Solar powers latest branch in Kandy

Ceylon Solar Power (Pvt) Ltd which has been in the forefront of providing solar solutions ceremoniously opened its  latest branch in Kandy on the 17th of October to cater to the growing need of solar systems and to introduce new solutions to residents in the region. 

Abans opens new service centre in Matara

In an attempt steered towards easing the convenience of consumers further, Abans service centre has recently marked its presence in yet another district in the country. 

Photo Technica-Nikon launch Mynikkor campaign in Sri Lanka

?Photo Technica, the sole official distributors for Nikon cameras in Sri Lanka region launched the new Mynikkor campaign recently.  

StanChart’s Global Head to deliver keynote speech

 Mark Devadason, The Global Head of Sustainability of the Standard Chartered Bank will be the keynote speaker at the upcoming ‘Best Corporate Citizen Sustainability Award 2015’, which is organized by the Ceylon Chamber of Commerce, the country’s premier business Chamber.

Sri Lanka Track II delegation to hold meeting with China’s SIIS

Sri Lanka Track II delegation, scheduled to leave for China on November 4, for a meeting with the Shanghai Institutes for International Studies (SIIS), had a briefing session with Yi Xianliang, Ambassador for China at the Chinese Embassy on 30th October. 

Plantation Industries Minister meets World Bank Country Director

Minister of Plantation Industries Navin Dissanayake met World Bank Country Director for Sri Lanka and the Maldives Francoise Clottes at the Ministry recently.

SL, Pak call to boost bilateral trade towards US$ 1 bn mark

The President of the Sri Lanka- Pakistan Business Council, Rohitha Thilakaratne said the FTA between the two countries has not been fully utilized yet, and that the stakeholder subcommittee would act as a technical committee to make sure that the FTA is fully functional.

Experience adidas football revolution in Sri Lanka

The world renowned sports band adidas recently launched its latest football boots promotion at selected outlets across Sri Lanka. Now when you spend over Rs. 7000 on the new Ace,...

Atom Technologies appointed sole agent for Swiss hair care brand 

World-renowned Swiss hair care specialist brand Valera is now available in Sri Lanka through Atom Technologies, the sole agent for Valera hair care appliances. 

amanté expands to Pakistan

In its quest to becoming the leading lingerie brand in South Asia, amanté has signed up with SFnZ & Co to franchise the brand in Pakistan with the launch of its first exclusive amanté boutique in 2016. 

Abans-SilverNeedle project contract awarded to Sanken

A US $ 100 million contract has been awarded to Sanken Construction (Pvt.) Ltd for the much-anticipated construction of the Colombo City Centre, a joint venture project between the Abans group and SilverNeedle Hospitality of Singapore. 

Mackwoods seals deal to sell electricity from Tudugala mini hydro plant

Mackwoods Energy has been successful in sealing the deal to sell electricity from its Tudugala plant, but the implementation of its other mini hydro projects is being further delayed due to red tape in a number of processes.

Singer Sri Lanka partners Logos floating book fair

Singer Sri Lanka demonstrated its continuous commitment to supporting the education sector by coming forward as the Chief Sponsor of the Logos Hope floating book fair. 

Int’l Fiscal Association’s taxation seminar on Wednesday

The International Fiscal Association (Sri Lanka Branch) will hold a seminar on taxation at Hotel Ramada on Wednesday, November 4, 2015 from 8:45 a.m. to 1:15 p.m.