Barista offers free cake, discounts on coffee on Int’l Coffee Day

Colombo’s best loved coffee house chain Barista Lavazza in celebration of International Coffee Day which falls on October 1 offered its valuable patrons a free slice of cake with every purchase of a hot or cold coffee off their extensive menu

Kelani Cables welfare society presents ‘Prabhanandaya’

‘Prabhanandaya’, a musical extravaganza presented by Kelani Cables welfare society will be held on October 3 at 6:00 p.m., at the BMICH.  Amarasiri Peiris, T.M. Jayaratne, Uresha Ravihari, Nelu Adhikari and Kasun Kalhara will perform in ‘Prabhanandaya’ for the soothing music by Kapila Pugalaarachchi.  Creative 

Global Shapers Colombo Hub attend ‘Meet the Leader’ session with Finance Minister

?Members of the Global Shapers Colombo Hub held a ‘Meet the Leader’ session with Finance Minister Ravi Karunanayake recently. The session was held in the Ministry and the Shapers used the opportunity to discuss the finer points of the 2016 budget with the Minister. 

HTC enters Lankan market with smartphones; appoints Softlogic as distributor

HTC, a global leader in mobile innovation and design entered the Sri Lankan market with the a portfolio of smartphones, namely, HTC One M8Eye, De-sire 826 Dual Sim, Desire 820s, Desire 626G+, Desire 620G, Desire 526G+ and Desire 326G. HTC also announced the appointment of Softlogic as the national distributor for Sri Lanka.

A-PAD Sri Lanka to host second symposium in Jaffna

?The Asia Pacific Alliance for Disaster Management (A-PAD) Sri Lanka will convene its second annual symposium this year on the topic of ‘Public-Private Partnership Towards Disaster Resilience and Sustainable Development’ in Jaffna on October 5th . 

Fruits, veggies sprayed chemicals excessively: LFVPPEA Chief

About half of locally consumed fruits and vegetables are sprayed excessively with chemicals, the Lanka Fruit and Vegetable Producers, Processors and Exporters Association (LFVPPEA) said.

Deepal joins Singer main board

?Singer Sri Lanka recently announced the appointment of top business professional and marketing expert Deepal Sooriyaarachchi as an independent director to its main board.

Harsha to speak on ‘Economic Diplomacy’ at Chamber forum

Deputy Minister of Foreign Affairs Dr. Harsha De Silva will speak in detail about the government’s plans boost ‘Economic Diplomacy,’ at the upcoming Ceylon Chamber forum, which will also be flanked by the Director ...

Textured Jersey to set up employee share option scheme

?Leading weft knit fabrics maker, Textured Jersey Lanka PLC announced this week that it would establish and implement an employee share option scheme (ESOS).

Central Bank effects more transfers

?On top of the transfers of some senior officers that caught media headlines early this week, the Central Bank yesterday effected further transfers, Mirror Business learns.

BOC debentures snapped up on opening day

State-owned banking giant Bank of Ceylon yesterday said it raised Rs.8 billion through a debenture issue. The bank issued 50 million unsecured, subordinated, redeemable debentures at an issue...

ASLCSCC delegation visits China

?A delegation of the Association for Sri Lanka-China Social and Cultural Cooperation (ASLCSCC) led by its Vice President Amal Lokumana, visited Qinghai Province, China under the invitation of the Xining People’s Municipal Government from 15th to 19th September.

New US envoy upbeat on Sri Lanka’s prospects

The world’s leading economy is eying Sri Lanka with keen interest as it is confident with the dawn of the new regime, there is firm commitment in boosting bilateral trade and investments that would allow both nations to reap benefits.

Adyapana exhibition opens today with over 100 leading educational institutes

?Today “Adyapana” opens its doors at the BMICH to give you the “Passport to your Future”.  Sri Lanka’s most focused higher education & career exhibition, Adyapana 2015, is organized for the 10th successive year. 

CB to pump more credit into provinces

Sri Lanka’s Central Bank plans to pump credit into the provinces to ensure a more balanced economic growth going forward, a top official said.  

Deflation persists; consumer prices fall 0.3% in September

Sri Lanka’s consumer prices for the 12 months ended in September 2015 fell 0.3 percent, continuing the country’s deflation for the third month in a row, the data released by the Census and Statistics Department showed. 

JKH consolidates all local and int’l hotel properties under Cinnamon brand

The country’s largest conglomerate John Keells Holdings PLC (JKH) has executed a major transition by consolidating all its Sri Lankan and Maldivian leisure properties under the Cinnamon brand.

SLIC in discussions to segregate life and non-life businesses

State-owned insurance giant Sri Lanka Insurance Corporation (SLIC) is currently mulling the segregation of its life and non-life businesses.

Rupee ends steady for 2nd day on state bank dlr selling

?REUTERS: The Sri Lankan rupee ended steady yesterday as a state-run bank sold dollars to offset importer demand for the greenback.

Watawala Tea appoints Surith Perera as CEO

Watawala Tea Ceylon (WTC), one of the most admired branded tea companies, has appointed marketing & sales professional and former Unilever Sri Lanka Board Director, Surith Perera, as its new CEO.

SLT welcomes Telecom Minister during maiden visit

Minister of Telecommunication and Digital Infrastructure, Harin Fernando visited Sri Lanka Telecom (SLT) head office recently, which was the Minister’s first visit to SLT, after his assumption of duties as the Minister of Telecommunication and Digital Infrastructure.

Durdans Hospital launches Rs. 70 mn Cosmetic Care Centre

Durdans Hospital, the core business unit of Ceylon Hospitals PLC, launched its Rs. 70 million Durdans Cosmetic Care Centre yesterday to cater to medical tourists and the growing trends in Sri Lanka.

Finance Minister to address “Ease of Doing Business” forum today

The fourth forum of the “Ease of Doing Business” will be held today, (01st October) at 2 pm at the 4th Floor Auditorium of MILODA, Academy of Financial Studies, (Old Times Building), Sir Razik Fareed Mawatha, Colombo-01. 

Employers Federation to break plantation wage deadlock

Plantation sector wage issues will soon be resolved as the Employers Federation of Ceylon (EFC) is confident their proposal for the collective agreement will finally break the deadlock.

Mid-range hoteliers must change business model for survival: Analyst

The mid-range hoteliers in Sri Lanka should switch to a completely different business model to survive, a London-based international research agency said.

Facets 2015 marks philatelic milestone

?The 2015 edition of the Facets Sri Lanka international gem and jewellery show, which commemorated its 25th anniversary, recently saw a philatelic milestone with the launch of four stamps depicting Sri Lanka’s prized gemstones and the ceremonial launch of the first day cover.

Lotteries Board donates Rs.10mn to National Kidney Fund

The National Lotteries Board handed over to Finance Minister Ravi Karunanayake a cheque for Rs.10 million to be deposited in the National Kidney Fund.

CCPIT delegation visits National Chamber

A delegation from China Council for Promotion of International Trade (CCPIT) Beijing, headed by CCPIT Deputy Director General Yu Haibo met the National Chamber of Commerce (NCC) officials and had discussions about promoting trade with China...

Urbanisation, a major economic opportunity for SL: World Bank

?Sri Lanka and its regional peers will be able to meet the aspiration of standing amongst richer nations if the urbanisation card is played as a major opportunity to help fast track economic progress, the World Bank (WB) said in a report yesterday.

CCC seminar to help Lankan firms grab global opportunities

?The Ceylon Chamber of Commerce (CCC) will hold a forum titled ‘Explore the global markets and grow your business through the use of government channels’ in a bid to help Sri Lankan firms grab global opportunities.