CIMA holds workshop on fraud detection and prevention

Sri Lanka has low awareness of fraud detection and furthermore, ...

RDA offers MG Consultants, ECL rural road network construction supervision contract

Further cementing its credentials in nation building and developing public infrastructure of the country, 

SLACC launched to increase Australia-Sri Lanka trade

The Sri Lanka Australia Chamber of Commerce (SLACC) was officially launched..

Renewed GSP to boost exports to USA

?Sri Lanka’s exports to the US are set to grow at an accelerated pace following the US government continuing to include Sri Lanka in the renewed US GSP facility, according to a communiqué by the Industry and Commerce Ministry.

Gem exports to dip amid Chinese barriers

Sri Lanka’s gem exports are set to decline in 2015 due to Chinese interventionary measures in their domestic market and the moderation of the euro, while the industry is attempting to create value-added products to take the industry forward in the future.

Tea Board teams up with pvt. sector to re-energize cuppa

?The state-run Sri Lanka Tea Board (SLTB) has taken a number of initiatives in collaboration with the country’s private sector to promote Ceylon tea in export markets in the present difficult times.

Chethiya appointed as Aitken Spence Hotel Management JMD

Chethiya Perera has been appointed as the Joint Managing Director (JMD) of Aitken Spence Hotel Management Private Limited.

Top int’l speakers to address Global Management Accounting Summit

Participants of the Global Management Accounting Summit 2015,

Brother Machinery introduces modern industrial sewing machine

Brother Machinery (Asia) Limited Ltd introduced a modern industrial sewing machine ...

Clogard renews ties with Sri Lanka Dental Association for 17th consecutive year

 Clogard, the leading Sri Lankan toothpaste brand formulated with time-tested clove...

EAP’s receives ISO 9001:2008 certification achievement for cinemas

Sri Lanka’s leading cinema brand, EAP Films and Theatres Ltd was recently...

CA Sri Lanka strengthens global presence with Kuwaiti Chapter

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently inaugurated ...

Admo Solar assures secure investment with 100% power saving

?With rapid development of technology, Admo Solar too has risen to the challenge, adapting to the growing needs of people to reduce the cost of electricity. The solar power solutions offered by the company help save energy, the environment as well as money. 

Tokyo Super PPC accredited as greenest cement

?The Ceylon Institute of Builders has awarded Tokyo Super Portland Pozzolana Cement (PPC) with a “Green Mark”. The “Green Mark” is a Singaporean product label, accredited internationally by the Building Construction Authority (Singapore)...

Hirdaramani, Kahathuduwa receives LEED Platinum Green Building Certification

?Hirdaramani Industries (Pvt) Ltd, Kahathuduwa, a flagship facility of the  Hirdaramani Group was awarded LEED Platinum certification established by the U.S. Green Building Council and verified by the Green Building Certification Institute (GBCI). 

Nishantha awarded CTC Chairman’s Award

?Chairman’s Award, the highest honour at Ceylon Tobacco Company PLC (CTC) was awarded to Nishantha Perera, an Engineering Executive in Electronics.  

GOLDEN KEY DEPOSITORS’ CASE: CB fails to submit re-payment plan again

The Central Bank Monetary Board yesterday failed to submit the re-payment plan for Golden Key depositors for a second consecutive date.  

FACETS to hold Silver Jubilee show in September

The 25th edition of FACETS, the annual showcase of Sri Lanka’s gem and jewellery products, was launched yesterday with a particular focus on small and medium enterprises in the industry.

Chrishantha Perera appointed to Monetary Board

?Chrishantha Priyanga Richard Perera has been appointed to the Monetary Board of the Central Bank with effect from June 24, 2015 by President Maithripala Sirisena.

Certis CISCO subsidiary e-Cop eyes Lankan entry

?Singapore-based security giant Certis CISCO’s subsidiary e-Cop is looking at entering the Sri Lankan market to provide cyber security services to local corporations in the near future.

Spot rupee steady for 3rd session; state bank sells dollar

?REUTERS: The Sri Lankan rupee ended steady for a third straight session yesterday in dull trade as a state-run bank sold dollars at 133.60 to keep the currency flat, dealers said.

CENTEC organises seminar on environmental challenges industry faces

?For the second year in succession, the Centre for Technical Excellence in Ceramics (CENTEC) jointly with the Sri Lanka Ceramics and Glass Council...

Largest shareholder of TJL divests 10% stake

?Pacific Textured Jersey Holdings Limited, the largest shareholder of Textured Jersey Lanka PLC (TJL), has divested a 10 percent stake it held in the company, reducing its shareholding to 29.65 percent.

Spot rupee steady; forwards tad weaker

?REUTERS: The Sri Lankan rupee ended steady yesterday in dull trade as a state-run bank sold dollars at 133.60 to keep the currency flat while the forwards ended slightly weaker as importer dollar demand surpassed inward remittances, dealers said.

Rose Cooray appointed as HNB Assurance Chairperson

?Rose Chandralatha Cooray has been appointed as the Non-Executive Chairperson of HNB Assurance PLC, effective from July 6, 2015, with the approval of the Insurance Board of Sri Lanka.

Ajita Pasqual appointed as Adam Investments Chairman

?Senior banker and former GM/CEO at Seylan Bank PLC, Ajita Pasqual has been appointed as the Executive Chairman of Adam Investments PLC with immediate effect.

SriLankan submits business plan aiming turnaround in 3 years

The top management at SriLankan Airlines has forwarded a business plan to the Cabinet to turnaround the struggling national flag carrier within three years. “They (SriLankan) have forwarded a business plan to the government,” Civil Aviation Authority Chairman Shibly Aziz said at a recent forum.

Condominium developers come up with a slew of recommendations

?The recently established Condominium Developers Association of Sri Lanka (CDASL) has forwarded a slew of recommendations to policymakers and government bodies in order to develop the industry.

Sri Lanka Tourism calls EOIs from ad agencies

?The Sri Lanka Tourism Promotion Bureau (SLTPB) has invited Expressions of Interest (EOIs) from global advertising agencies for the preparation and implementation of a communication plan, promoting Sri Lanka as a preferred tourism destination in identified overseas markets. 

Private sector credit slows down

?Credit to the private sector in the month of April slowed down to Rs.14.5 billion from Rs.41.4 billion recorded a month ago, the official data released by the Central Bank showed.