State Finance Minister stresses need for balanced regulation

Financial regulations should be perfected before implementation,...

Capital market regulator to reward whistleblowers

Sri Lanka’s Securities and Exchange Commission (SEC) is looking...

Good vision and driving

It goes without saying that your eyesight affects your lifestyle. 

Skin care nutrient brand ‘Glow’ celebrates 10th anniversary

Manufactured by Mega Lifesciences, Glow, the pioneering complete skin care nutrient brand in the Sri Lanka, 

Laojee Idam Thilina Promo rewards lucky winners

Owning a land is a wish of a lifetime for many – especially when it seems a distant dream.

Firzan Mulafer to serve on Spikes Asia 2015 jury

Firzan Mulafer - Director Client Services at Publicis Solutions Sri Lanka, 

John Keells Hotels 1Q net flat; higher arrivals fail to factor in

?The hospitality arm of premier blue chip John Keells Holdings PLC, John Keells Hotels PLC saw its net profits for the quarter ended June 30, 2015 (1Q15) remaining flat (a paltry 2 percent increase year-on-year) at Rs.130.8 million...

CONTAINER CARGO HANDLING : Colombo Port grabbing slice of Singapore’s business: expert

Capacity expansions at the Colombo Port will help it to capture a part of the container cargo market business of the world’s second largest container port in Singapore, according to an industry expert who was speaking at the Annual General Meeting of Sri Lanka Shippers’ Council recently. 

Next IMF boss likely from outside Europe - deputy head

?REUTERS: The next managing director of the International Monetary Fund is likely to come from outside  Europe    when current leader Christine Lagarde eventually leaves, the deputy head of the Washington-based fund said in an interview broadcast yesterday.

Cornell Professor to lead strategic leadership program

?Professor Mike Hostetler of the Cornell Johnson Graduate School of Management will lead a three-day Strategic Leadership Certificate Program for directors, top and senior managers in Colombo on August 10, 11 and 12 this year.

Dr. Sally to speak about Singapore model, what lessons it has for Sri Lanka

?Prominent economist Dr. Razeen Sally in an upcoming forum is expected to discuss possible lessons that Sri Lanka can take from Singapore in developing the country with a fresh set of reforms...

EDB finalizes USAID-funded strategic plan with MTI

Sri Lanka’s apex trade promotions organization, Sri Lanka Export Development Board (SLEDB), has just completed a 9-month long strategizing process with MTI, culminating with the final draft of the strategic plan for the EDB.

ISMM to hold workshop on effective procurement

?The Institute of Supply and Materials Management is scheduled to conduct a full-day workshop titled “Create Value for your Business through Effective Procurement” on 07th August from 9.00 a.m. to 4.00 p.m. at Hotel Renuka, Kollupitiya. 

DFCC and DVB boards approve amalgamation

?The director boards of DFCC Bank PLC (DFCC) and DFCC Vardhana Bank PLC (DVB) have approved a proposal to amalgamate the two bank subject to obtaining shareholder and regulatory approvals.

Germany funds micro projects across the island

?The German Embassy in Colombo granted assistance worth over Rs. 10 million to eight community development organizations operating in a number of districts. 

UNP to hold discussion on economic road map for Sri Lanka

?The UNP will hold a public panel discussion on its Road Map for the country’s economy on July 30th, hosted by its affiliate, the Young Professionals  Organisation [YPO]. 

WISTA celebrates first year anniversary

?After a successful year, the Sri Lankan branch of the Women’s International Shipping & Trading Association held its first Annual General Meeting recently.  

“Natuzzi” Italia luxury furniture opens flagship store in Colombo

?Natuzzi, the Italian luxury furniture manufacturer, joined hands with Softlogic Retail (Pvt) Ltd, a fully owned subsidiary of Softlogic Holdings PLC and appointed Exclusive Authorised Distributor for Natuzzi in Sri Lanka, to launch its first flagship showroom in Sri Lanka. 

David Pieris Group moves to Public Cloud with Infront Consulting backing

?More and more companies in Sri Lanka are taking the next step and moving to the cloud. 

Ceyoka’s Fundermax Exterior Panels obtain Green Mark Gold Award

?As a testament towards introducing more innovative sustainable solutions in Sri Lanka, Ceyoka Engineering Division recently received the CIOB Green Mark Gold Award  and certificate for its architecturally appealing...

Imperial Builders finalizes Italian interior fixtures for Destiny Mall

?An agreement between the Italian company MHF Italian Suppliers of Bolzano and the Pakistan-based Imperial Builders Pvt Ltd was signed recently.  The signing took place in Colombo with the presence of Dott. 

Why switching to St. Anthony’s Solar is a worthy investment?

?Sri Lanka’s most prominent provider of Solar Power solutions – St. Anthony’s Consolidated recommends Solar Energy as the smartest way to generate electricity, backed by their 70 years’ expertise in the field. 

Mobitel develops ‘HeritageSL’ mobile app for Archaeology Department

?The National Mobile Service Provider Mobitel partnered with the Department of Archaeology for the launch of an innovative mobile app named ‘HeritageSL’ that provides unlimited free access for the public to explore Sri Lanka’s archaeology and cultural heritage. 

Shares at 8-wk high; hopes on earnings, political stability help

?REUTERS - Sri Lankan shares rose to an eight-week high yesterday, gaining for a third straight session, as hopes of improved corporate earnings and political stability after the parliamentary polls next month boosted investor sentiment.

Pegasus Reef to provide improved customer service after facelift

?Pegasus Reef Hotel, a part of the Carson Cumberbatch Group (Carsons), is currently being upgraded to provide travellers with a better experience, according to Carsons’ annual report.

Japan provides HRD scholarships for Sri Lanka’s public sector

?The Japanese Grant Aid for Human Resources Development Scholarship (JDS) Programme was introduced in Sri Lanka in 2010 by the Government of Japan in order to provide opportunities to the executive level public officials of Sri Lanka...

Automaker Mitsubishi to end US production: report

?AFP - Japanese automaker Mitsubishi will stop making cars in the United States as it looks to shore up its business in Asia, a report said yesterday.

SLIM facilitates professional marketers, graduates obtain CPM (Asia) status

?Marketing undeniably is the subject that sheds light on success and sustainability of organisations as well as individual business ventures world over. 

Ewis and Lexmark hold Awards Night

?Ewis Peripherals (Pvt.) Ltd, together with Lexmark International Inc. held a glamorous event recently at a prestigious venue, in an effort to recognize and honour their top most outstanding achievers for the year 2014. 

Jat Holdings signed as title partner for Sri Lanka Wood International Expo-2015

?Jat Holdings (Pvt.) Ltd, which is one of the most influential and leading name in elite business conglomerates, has signed the Memorandum of Understanding (MoU) to be the title partner once again for the third Sri Lanka Wood International Expo 2015...