National Chamber conducts seminar on ‘Practical Time Management’

A half day seminar on “Practical Time Management” will be held on 30 October from 2.00 pm to 5.00 pm at the National Chamber Auditorium,   Colombo 10.

SAGT receives top productivity rankings from USA’s Journal of Commerce

South Asia Gateway Terminal (SAGT) is recognized by the Journal of Commerce (JOC USA) in its annual Terminal Productivity Ranking 2014 as number one in South Asia and four in the world.

EU pledges 43mn euro grant for regional development, technical assistance

The European Union has agreed to provide a grant of 43.7 million euros for regional development purposes and to provide technical assistance, Cabinet Spokesperson Rajitha Senaratne said.

Sri Lanka’s 2016 expenditure estimated at Rs.3, 138 bn

?Sri Lanka’s total spending for the next year is estimated at Rs.3, 138 billion and the estimated revenue is Rs.1, 789 billion inclusive of foreign grants.

Storm brews in Ceylon tea cup with falling auction prices

Storm brews in the Ceylon tea cup as the monthly tea auction prices took a further plunge in September, despite being a promising season for recovery.

Kingsbury to manage Platinum Apartments

?The Kingsbury PLC, the owners of The Kingsbury Hotel yesterday said it had entered into an agreement with Platinum Realty Investments (Private) Limited to manage the Platinum Apartment Complex located in Colombo 03.

Laksathosa to embrace Singaporean model for revival

?Sri Lanka is to get Singaporean technical assistance for the revival of the state-owned retail chain Laksathosa, which has about 310 outlets island wide, the country’s Industry and Commerce Ministry said.

Atlas introduces premium range of aspirational books

Today’s learning patterns have changed considerably from yesteryear – children are encouraged to think outside the box, engage in disruptive ways to discover new learning experiences and experiment with innovation. 

‘Team Jeep’ takes honours at Jeep Wrangler Southern Night Rally 2015

Team Jeep emerged as the overall winners at Jeep Wrangler Southern Night Rally 2015. The Southern Night Rally, nicknamed as ‘the journey through the wilderness of the South’ took place from September 25 night till the 26th morning.

Anura Group holds Dealer Conference 2015

Anura Group of Companies, a pioneer in the Motor Spare parts trade counting 38 years of successful business activities, held a Dealer Conference assembling 400 dealer representatives from all parts of the island recently at Cinnamon Lakeside Hotel, Colombo.

Jlanka Technologies redefines energy for the future

JLanka Technologies will be showcasing an array of revolutionary products and POCs at the Techno exhibition scheduled to be held from the 09th to the 11th of October at the BMICH. 

Mobil Lubricants partners with MyDeal.lk and MyStore.lk

McLarens Lubricants Limited, the exclusive distributor for Mobil lubricants in Sri Lanka, recently tied up with MyDeal.lk and MyStore.lk, two of the country’s leading e-commerce websites. 

Laugfs Car Care partners with RamaDBK for exclusive service offer

Laugfs Car Care has entered into a partnership with RamaDBK to provide an exclusive service offer to RamaDBK customers through its Car Care service centres.

Bureaucratic turf wars must end for economic diplomacy to begin: Harsha

?The ‘turf wars’ among different government agencies must end for the much-touted economic diplomacy to take off, according to the country’s Deputy Foreign Affairs Minister Dr. Harsha de Silva who spoke at a recent forum in Colombo. 

Airtel to add 150 network towers by end-2016

Airtel Lanka yesterday shared its plans of expanding its network infrastructure, affirming its commitment to continue servicing the Sri Lankan market.

BOC debentures total Rs.45bn with latest debt offering

?With its latest Rs.8 billion debenture, the total listed debentures issued by Bank of Ceylon (BOC) amounts to Rs.45 billion, the state-owned banking giant said in a statement.

People’s Leasing to raise Rs.6bn in debt

?People’s Leasing & Finance PLC (PLC), the leasing and finance arm of state-owned People’s Bank, is to raise up to Rs.6 billion by issuing senior unsecured debentures. 

Rupee ends higher on dollar selling by bank

?REUTERS: The Sri Lankan rupee ended firmer yesterday as a private bank sold dollars amid tepid demand for the greenback from importers, dealers said.

JKH broking arm appoints Hishantha as Acting CEO

?John Keells PLC, the commodity and stockbroking arm of the country’s largest conglomerate John Keells Holdings PLC (JKH), has appointed Hishantha de Mel as the Acting CEO following the resignation of Sudath Munasinghe.

Inaugural China Products Trade Exhibition to be held in November

A successful global brand – The China Products Exhibition – is being launched in Sri Lanka for the first time. 

Journal invites papers on national income accounting

?Sri Lanka Economic Journal is planning to publish an issue dedicated to national income accounting and related issues as its next publication. 

BOI Chief to meet biz community at breakfast meeting

Board of Investment (BOI) Chairman Upul Jayasuriya will meet the business community at a breakfast meeting to be held on 19th October to outline BOI’s new policies and practices adopted to attract FDIs.

HNBA and Access Engineering onboard as CA Sri Lanka training partners

Access Engineering PLC and HNB Assurance PLC recently came onboard to further boost the training partner portfolio of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). 

Nippon Paint clinches ‘Asian Brand Heritage Award’

Asia Enterprise Brand Awards (AEBA) is a premier awards platform in Asia which aims to recognise successful local and foreign brands and accelerate the growth of up-and-coming brands in the region. 

Embark opens mini concept store at BIA

Visitors to Sri Lanka as well as Sri Lankans travelling overseas can now support the country’s brand with a cause and live the passion prior to departure, following the opening of an independent Embark store at the Bandaranaike International Airport (BIA) Katunayake.

Prima Sunrise rewards customers once again

As a means of rewarding loyal customers of Prima Sunrise White Bread, the company has launched the Prima Sunrise Scratch & Win Promotion yet again.  The promotion is scheduled to run from the 1st of October to the 30th of November. 

ReeBonn introduces latest herbal oil to local market

ReeBonn Cosmetics, one of the leading herbal cosmetics companies in Sri Lanka launched its newest product ReeBonn Premium Hair growing and scalp nourishing oil. 

Yamaha Music Centre and Singer in retail collaboration

Yamaha and Singer, two of the world’s top brand names, have come together in a retail collaboration in Sri Lanka to enhance access to a select range of musical instruments and home theatre systems.

Asian states hail deal on world’s largest free trade area

AFP: Asian members of the newly-minted Trans-Pacific Partnership yesterday hailed the deal to create the world’s largest free trade area, with Japan calling it the start of a “new century” for the region.

Sri Lanka should set arrival targets for each tourism source market: expert

Sri Lanka needs to have targets for each of its source markets in terms of aspired tourist arrivals, according to a regional tourism expert.