Smiths Detection airport screening technology safeguards society and protects life

?Countries around the world are witnessing exponential economic growth and infrastructure development. Simultaneously passenger traffic at airports is growing at a rapid pace.

Altair steals limelight at Dubai International Property Show

?Altair, Colombo’s distinctive twin-tower residential high-rise development was among the most attention-grabbing exhibits at the 2015 International Property Show in Dubai, at which 94 of the world’s leading property developers from 30 countries showcased their projects.

SEC Chief calls for common regulatory platform

Sri Lanka’s capital market regulator yesterday highlighted the need for a joint regulatory mechanism within the South Asian region to promote more investments to the region and to create regulatory consistency. 

Finance Minister gives thumbs up for economy

The current situation of the country is extremely friendly towards foreign investment, according to the Finance Minister, who said that this year’s economic growth would hover around 7 percent, cementing the outlooks given by multilateral organisations.

PCH Holdings to enter new businesses

PCH Holdings PLC, a unit of Adam Investments, yesterday communicated to the Colombo Stock Exchange (CSE) its director board decision to incorporate a fully-owned microfinance subsidiary. 

Ranil De Silva appointed as Singer Sri Lanka Director

?Singer (Sri Lanka) PLC recently announced the appointment of D.T. Ranil De Silva to the company’s board of directors as an Independent Non-Executive Director with effect from April 1, 2015. 

Ceylon Chamber raises funds to help earthquake- affected Nepalis

?The Ceylon Chamber of Commerce (CCC) is seeking the support of the local business community and the public to help the Nepali people affected by the massive earthquake, which has taken the lives of well over 3,000 people.

Foreigners sell US $ 28mn worth govt securities in week after rate cut

?REUTERS: Foreign investors sold a net US $ 28.2 million worth of Sri Lanka government securities in the week ended April 22, following a 50 basis point cut in the Central Bank’s policy rate.

Maldives keen on more Lankan investments

?The Maldives has invited Sri Lankan and other regional investors to take part in the financing of its tourism industry. “We have potential future developments for over 60 islands with about a US $ 2 billion financing requirement and an...

Felix Fernandopulle appointed Richard Peiris Finance Chairman

?J. Felix Fernandopulle has been appointed Chairman of Richard Peiris Finance Ltd with effect from  February 26th .Fernandopulle is a fellow member of the Institute of Chartered Accountants of Sri Lanka...

Lankan Angel Network funds US$ 5 mn for 20 startups

?With the Lankan Angel Network having already raised US$ 5 million in funding for 20 startups across a number of industries vital to Sri Lanka’s future, there was no better time for the recent launch of the new Lankan Angel Network Incubation Centre for startups. 

Otaradel.com goes live

?The newly revamped website of entrepreneur and philanthropist Otara Gunewardene was launched recently. Unveiling a sleek re - design combined with a responsive layout, it features an innovative, ...

CA Sri Lanka facilitates setting up of professional accountancy body in Bhutan

?In an effort aimed at developing the accounting profession further in the South Asian region, President of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), Arjuna Herath, in his capacity as the President of the South Asian Federation of Accountants...

CTC shares expertise in operational excellence

?In its legacy of over 100 years, the Ceylon Tobacco Company (CTC) has established itself as a benchmark in corporate excellence, not only in Sri Lanka, but within the wider network of British American Tobacco (BAT) markets. 

CIMA Business Leaders Summit to be held in June

?The flagship event of CIMA Sri Lanka, the Business Leaders Summit will be held for the 38th consecutive year on 16 and 17 June at Cinnamon Grand.  The CIMA Business Leaders Summit 2015 is an annual business...

Global IP body urges govt. to develop cohesive Intellectual Property policy

?The Director General of the Geneva-based World Intellectual Property Organization (WIPO) Dr. Francis Gurry, has assured support to the government’s policy of orienting the country towards a knowledge and innovation economy.

Mobitel Innovation Centre opens doors at TRACE Expert City

?Mobitel’s state-of-the-art Innovation Centre was launched by President Maithripala Sirisena at the TRACE Expert City Colombo, the city dedicated for innovation, research & development.

Kerala Tourism forms new tourism circuit with Sri Lanka

The Hindu: Kerala Tourism has decided to form a new tourism circuit with Sri Lanka to tap tourists arriving in the island nation for an extended holiday here.

SAIC to feature international technology partners

The South Asian Investment Conference (SAIC) organised by the Colombo Stock Exchange (CSE) in association with the South Asian Federation of Exchanges (SAFE), will take place today at the Galadari Hotel, Colombo. 

Fears loom over economic data blocking by right to information law

?econonomynext: A proposed right to information law has proposed the blocking of information that ‘could seriously harm the economy’, an excuse the rulers and state workers did not specifically previously have to withhold economic data.

CNE launches Warner brothers licensing to Lanka via local agent Rainco

Cartoon Network Enterprises South Asia together with Cartoon Network CNEs official representative in Sri Lanka, Rainco, recently conducted an awareness programme and media briefing on  regional licensing trends

Turkish frigate arrives on goodwill visit

?Turkish Navy frigate TCG Gediz arrived at the Colombo Port yesterday. The goodwill visit of the ship (from April 26 to 28) to Sri Lanka is part of the commemoration activities of the 125th anniversary of the voyage of Frigate Ertu?rul to Japan. 

zMessenger launches ‘Arambuma’ to empower social enterprises and non-profit organisations

?With 12 years of excellence in service as the country’s first integrated mobile marketing company, zMessenger has been a catalyst in driving the fourth screen revolution in the country.

CA Sri Lanka Taxation Faculty to felicitate new Tax Chief

?The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) together with its Faculty of Taxation will felicitate the newly appointed Inland Revenue Department Commissioner General Kalyani Dahanayake at a ceremony...

Leo Burnett’s young professionals attend AFAA’s Fast Track Programme

?Two young professionals from Leo Burnett Solutions Inc. (LBSI) recently participated in the AFAA Fast Track Professional Excellence Programme, which took place in Kuala Lumpur, Malaysia. 

​SAC organises Logistics Forum on Customs’ Export Facilitation Centre

The Shippers’ Academy Colombo (SAC) together with the Sri Lanka Shippers’ Council (SLSC) has organised a Logistics Forum on April 30, 2015, at the Sri Lanka Foundation, from 9:00 a.m. to 12 noon...

‘Indian Trade Fair 2015’ unveils in Colombo next month

?Bringing into focus the diverse trade opportunities that exist between India and Sri Lanka, the ninth Indian Trade Fair will open on May 07 at the Sri Lanka Exhibition and Convention Centre, Colombo.

Lankem launches Robbialac Painters Academy

?Lankem Paints Ltd, manufacturers and marketers of Robbialac Paints recently launched the Robbialac Painters Academy which will henceforth train Sri Lankan paint applicators and empower them with a scientific skill for life. 

Maliban to introduce range of Hi Cal milk powder

?The Maliban Company has taken measures to introduce a variety of high calcium milk powder (“High Cal Gold”) to the Sri Lanka’s market with the view of improving nutrition level of the consumers. 

Nestlé Lanka celebrates Avurudu

Nestlé Lanka PLC celebrated the Sinhala Tamil New Year Festival recently at the head office premises.  Here Managing Director Shivani Hegde engaging in the traditional ?Ganu Denu? Avurudu custom with Deepal  Abeywickrama....