British Council and HSBC to hold ‘Kids Read Community Events’

The British Council in collaboration with HSBC has embarked on a project to foster reading in children, by engaging them and their respective teachers and families in a series of activities, community events and competitions based on reading. 

National Chamber to host high-powered Bangladesh business delegation

The four-member business delegation from the Bangladesh Export Processing Zones Authority (BEPZA) will be visiting Sri Lanka and the National 

NCC to conduct CSR health awareness programme for women

The National Chamber of Commerce (NCC) of Sri Lanka in association with Apeksha Fertilitycare (Pvt.) Ltd is conducting a women’s health awareness seminar for the wellbeing of women in general on Thursday, October 1, 2015, at the chamber auditorium, from 3:00 p.m. to 4:30 p.m. 

Turkey-Ceylon Business Chamber to be inaugurated

?The inauguration of the Turkey-Ceylon Business Chamber (TCBC) will take place at Cinnamon Grand Hotel tomorrow.  

SLSBC holds 18th Annual General Meeting

The 18th Annual General Meeting of the Sri Lanka - Singapore Business Council (SLSBC) was held on September 15, at the Ceylon Chamber of Commerce. 

Ceylon Chamber-Beijing Chamber sign MoU to promote commercial ties

The Ceylon Chamber of Commerce (CCC) and Beijing Chamber of International Commerce yesterday signed a Memorandum of Understanding (MoU) to work together to promote trade and commercial ties between the two countries.

Photo Technica bags National Merit Award at CNCI 2015

Photo Technica (Pvt.) Ltd, the sole official distributor for Nikon cameras in Sri Lanka, was honoured with a National Merit Award in the service sector at the CNCI Achiever Award ceremony 2015.

Jaffna apartments offer unique opportunity for Sri Lankan property investors

The completion of the first luxury residential apartment in Jaffna has seen a strong response from domestic and international investors keen to capitalise on the growing regional economy.

Stax positions Sri Lanka as an investment hot spot in Singapore

Stax Inc., a global strategy consulting firm, delivered a cohesive presentation highlighting the country advantage and the untapped potential of Sri Lanka at a high-profile event held in Singapore recently. 

Airtel-Evoke award ‘Welcome Tune Motor Bike Offer’ promo winner

?Bharti Airtel Lanka and Evoke International recently announced the winner of the Airtel ‘Welcome Tune Motor Bike Offer’. 

Abans introduces Easy Cook convection oven

?Thanks to the innovative Easy Cook convection oven you can now satisfy your craving for fried food and enjoy everything you have been longing to indulge in. 

Ranil ensures tourism development benefits to SMEs

The government will take into consideration the aspirations of the small and medium sector (SMEs) when devising plans to develop the tourism sector, Prime Minister Ranil Wickremesinghe said on Saturday. 

IMF projects higher deficit for Sri Lanka

The International Monetary Fund (IMF) recently said Sri Lanka’s budget deficit would be worse than projected by the government this year, and passed on recommendations for the 2016 national budget.

No more Samurdhi and Divi Neguma receipts in cash

Towards a creating society using less cash, the Central Bank (CB) in collaboration with Lanka Clear Private Limited is planning a ‘National Card System’ (NCS) to deliver social security payments in the country, according to a senior CB official.  

Policy change critical to accelerate poverty reduction: WB

During her recent visit to Colombo, World Bank (WB) Vice President South Asia Region Annette Dixon remarked that policy change is critical to accelerating poverty reduction and boosting shared prosperity in Sri Lanka. 

Asiri Hospital to sell Rs.845mn worth shares to Actis

Softlogic group subsidiary Asiri Hospital Holdings PLC (ASIR) said it was selling new shares to emerging market private equity firm Actis Investment Holdings SL Limited in a private placement deal.

Opposition to CEPA builds up

Sri Lankan engineers called for transparent and nationally advantageous negotiations before signing the Comprehensive Economic Partnership Agreement (CEPA) with India in the backdrop of Prime Minister Ranil Wickremesinghe’s state visit to the Northern neighbour.

Capital market expects pro-business agenda in budget 2016

The local capital market stakeholders yesterday expressed hopes for a pro-investment and business agenda in the upcoming budget for 2016, as the current year, despite being a rather eventful one, was marred by uncertainty.

CAA to clamp down on banned confectionery dumping

Sri Lanka’s state-owned consumer rights watchdog, Consumer Affairs Authority (CAA) last week started acting on the complaints made on dumping of confectionery items manufactured out of banned ingredients risking the lives of the consumers. 

India’s UltraTech to boost construction industry in Sri Lanka

UltraTech Cement, a major player in the Sri Lankan Cement industry,  retained its status as the No.1 cement company in India by scaling up its capacity from 48.75 million tonnes per annum (MTPA) in January 2012 to 69.61 MTPA in March 2015.

Laugfs celebrates 20th anniversary in Anuradhapura

?Laugfs recently celebrated its 20th anniversary by taking a journey back to its cultural roots, in the historic city of Anuradhapura.

Record number of Maldivian Eid holiday goers head to Sri Lanka

Haveeru Online: A record number of Maldivians are set to visit neighbouring Sri Lanka during the upcoming Eid holidays, SriLankan Airlines said on Thursday.

Fentons gears up for next 100 years of innovation

Fentons, a building services and engineering specialist with close to a century of expertise in the field, is once again fostering innovation in the Sri Lankan construction sector, completing a number of state-of-the-art projects recently.

Speed Group moves to new biz location

The head office of the Speed Group of Companies, a longstanding commercial enterprise in Sri Lanka, shifted to a new business location recently. In terms of the relocation, the head office of the Group now functions from Robert Gunawardena Mawatha, Kirulapone, Colombo 06.

Godrej Sri Lanka introduces all new ‘Stella Naturals’

Amidst the hustle and hectic life where nothing runs according to your plan and your stress levels are on the rise in both home and office, what if there was a way to outbreak from all?

German Foreign Minister in Sri Lanka next week

?German Foreign Minister Dr. Frank-Walter Steinmeier will visit Sri Lanka on 22nd September. 

EU could lose 3.5 mn jobs if cuts trade defences against China -report

The European Union could lose up to 3.5 million jobs if it removes its trade defences against China as Beijing expects it to do by the end of 2016, according to a study for a group of 25 European manufacturing federations published yesterday.

French group to open two hotels in Iran

AFP- French group AccorHotels announced this week it will become the first international hotel group to operate in Iran as the Islamic Republic opens up to the West following the deal on its nuclear programme.

China companies join US high-speed rail project

AFP - A Chinese rail consortium is teaming up with private US firm XpressWest to push forward a high-speed rail project linking Las Vegas with Los Angeles, the companies said Thursday.

India’s Central Bank chief warns against growing too fast

AFP - The head of India’s Central Bank yesterday  warned Asia’s third-largest economy against trying to grow too fast, pointing to the plight of recession-hit Brazil as a cautionary tale.