‘Lead like a Girl’: Empowering Sri Lanka’s female leadership

Sri Lanka is widely acclaimed for its success in achieving many crucial human development indicators. However, surprisingly the country lags behind when it comes to achieving gender-related targets set by global development agendas. 

SLPBC hosts biz delegation led by Pakistani Commerce Minister

The Sri Lanka Pakistan Business Council (SLPBC) recently hosted a meeting with a team from Pakistan, under the leadership of Mohammad Pervaiz Malik, Federation Minister for Commerce and Textile of Pakistan.

AmCham to hold business breakfast with Stephen Renna

Stephen Renna, Director, Advocacy Center, U.S. Department of Commerce, International Trade Administration will meet with members of the American Chamber of Commerce in Sri Lanka this Friday.

Chilavathurai will be rebuilt; industrial zone in Kondachchi: PM

Prime Minister Ranil Wickremesinghe has said that the Chilavathurai city will be rebuilt and an industrial zone will be set up in Kondachchi.

‘Meet the High Commissioner of B’desh” at National Chamber

Sri Lanka Bangladesh Business Co-operation Council of the National Chamber of Commerce, will host the High Commissioner of Bangladesh to Sri Lanka , Riaz Hamidullah, as a Special Guest Speaker on ‘Bilateral Trade Between Sri Lanka  and Bangladesh’ on February 8th  at the Chamber, from 3.00 p.m. to 4.30 p.m.

SLT celebrates 160th anniversary by empowering 160 schools

The leading telecommunication in the country, Sri Lanka Telecom celebrated its 160th anniversary by conducting programmes to share knowledge and technology with schools in rural areas, enhance the well-being and protect the environment.

Adidas Official Partner for the FIFA World Cup Russia 2018

Adidas took great pride in participating in the historical FIFA World Cup Trophy Tour 2018 at an event held recently 

Sri Lankan youth can now enjoy all-new Nestomalt Gold with a refreshing new taste

Sri Lanka’s iconic malt beverage Nestomalt has launched a delicious new Ready-To-Drink (RTD) variant, Nestomalt Gold.

KTI Inks Deal with Faber-Castell India to Bring World’s Most Preferred Stationary

Kiddies & Toys International (KTI), Sri Lanka’s leading distributor of premium mother and childcare brands, with 

The Earl and Countess of Wessex visit Third Space Global, a UK-SL education partnership

His Royal Highness, Prince Edward, The Earl of Wessex, and Her Royal Highness, The Countess of Wessex visited Third Space

The Earl and Countess of Wessex visit the British Council, Colombo

The British Council hosted The Prince Edward, Earl of Wessex and The Countess of Wessex on Saturday 3 February, 

Allianz to acquire Janashakthi General Insurance Limited in Sri Lanka

Allianz, the global financial services leader, today announced that it has entered into an agreement with Janashakthi Insurance

DIMO ties up with HNB to enable customer-driven Mercedes-Benz and Jeep purchase solutions

Once again demonstrating their strong commitment towards customer-focused service, Diesel & Motor Engineering PLC (DIMO)

Mobitel pioneers 4.5G (4G Plus) network to revolutionize Sri Lanka

Sri Lanka’s National Mobile Service Provider, Mobitel, is proud to be the first to initiate the roll out of the 4.5G network

IASL is ready to Celebrate Life’s Superheroes

The Insurance Association of Sri Lanka (IASL), declared the commencement of the Life Insurance Sales Awards 2018

15 Days of Love At The Hilton Colombo

Love is in the air this February at the Hilton Colombo, offering exciting experiences for all ages including entertainment

Habitat for Humanity Sri Lanka on a mission to forge ‘Partnerships with Purpose’

Habitat for Humanity Sri Lanka’s (HFHSL) President and Chairman of the National Board of Directors – Lakshan Madurasinghe’s unique

EPF gets zero returns from majority of private equity investments

?The country’s largest retirement fund, the Employees’ Provident Fund (EPF), which is under the custodianship of the Central Bank, has to this day not generated any returns for the Rs.9.3 billion in private equity investments made up to 2014.

Sugar tax hits carbonated beverage volumes

The recently introduced sugar tax has begun to eat into the food and beverage sector businesses as the demand for sugary carbonated drinks has dropped by a significant margin—an indication that the higher prices have pushed away consumers from high sugar fizzy drinks. 

Higher costs weigh on Access Engineering 3Q performance

Higher costs weighed on Sri Lanka’s Access group during the December quarter (3Q18), as the leading infrastructure developer reported significantly lower profits for the period, despite a positive top line performance. 

Lankan women entrepreneurs need US $ 350mn in financing: World Bank

Sri Lankan women entrepreneurs are in need of US $ 350 million in finances, according to the World Bank Group’s private equity arm, the International Finance Corporation (IFC), which recently outlined a potential investment worth US $ 15 million in an effort to pique further investor interest in the area. 

Parent to buy Rs.3.2bn worth of land, shares from Janashakthi General

Janashakthi Insurance PLC will be purchasing fixed and portfolio investments totalling Rs.3.7 billion held by its subsidiary Janashakthi General Insurance Ltd, which is being acquired by global insurance leader Allianz S.E. for Rs.16.4 billion.

South Korea appeals court frees Samsung heir

AFP: A South Korean appeals court yesterday upheld Samsung heir Lee Jae-Yong’s bribery conviction but cut his prison sentence to a suspended term, ordering his immediate release.

Air Asia bullish about Lanka’s  tourism industry; wants to set up local commercial team

Air Asia, the Malaysian low-cost carrier, is expecting greater tourist arrivals to Sri Lanka through its flights this year based on flight reservations so far, and is forging ahead with increasing the airline’s presence in the island. 

Eleventh Industrial Excellence Awards to be held this week

The 11th  Industrial Excellence Awards 2017 will be held on 9th February at the Ramada Colombo.The Chief Guest will be Dr. Indrajith Coomaraswamy, Governor of the Central Bank of Sri Lanka. 

How to invest in a bull market

Understanding bull markets is a key to the success of any investor. This article is going to explain what a bull market is and offer some tips when investing in a bull market. It will also cover several investment strategies that are used by investors to adjust security holding positions during these periods.

Some salient features of proposed Securities Exchange Act

In the early part of this year, the legislature will consider the promulgation of the new Securities Exchange Act, which will provide the legal framework for the regulation and supervision of the capital market.

Union Bank mobile app drives new era of digital banking

Since the launch of its mobile application last year, Union Bank has made great strides in popularising the concept of digital banking through its mobile app, with the aim to offer an easy, quick and convenient banking experience to its clients.

Signal embarks landmark initiative to take Sri Lankan smile to the world

Signal, Unilever’s iconic oral healthcare brand, embarked on an ambitious journey to take our unique Sri Lankan smile to the world as part of its legendary Signal Sina Bo Wewa initiative this year. Collecting smiles from around the island, the Signal Sina Bo Wewa will be appointing six Sri Lankans with the most appealing smiles as the country’s first ever smile ambassadors to undertake this mission together with the brand.

People’s Bank achieves highest ATM transactions during festive season

People’s Bank reported an unprecedented value of cash transactions via its ATMs during the recently concluded December festive season where the total transaction volume reached nearly Rs.42 billion through the massive network of 500 ATMs operating round the clock, islandwide.