Chinese and Sri Lankan institutions sign eco-agriculture cooperation agreement

China LvHai Technology Group signed an agreement with the Sadaham Sevana International Buddhist Information and Research Institute, Sri Lanka, on eco-agriculture cooperation.

Sri Lanka achieves record exports in 2017

Sri Lankan merchandise exports grew to an all time record of over US$11.4bn in 2017, surpassing the previous high of US$11.1bn achieved in 2014. Once, again the EU and the USA were our biggest markets taking US$ 3bn each. 

Dove opens Oxygen Avenue

Dove was on the map as the brand opened ‘Dove Oxygen Avenue’, a street dedicated in lure of revelling on the latest addition to its hair care portfolio Dove Oxygen Moisture Shampoo and Conditioner.

Shares snap 7-session losing streak

REUTERS: Sri Lankan shares snapped a seven-session streak of declines yesterday, recovering from a near three-week closing low hit in the previous session, as investors picked up battered blue-chip and banking shares. 

Asia markets mostly up, traders keep watch on US funding row

AFP: Asian markets mostly rose yesterday after another positive week across trading floors but gains were tempered by profit-taking worries about a possible US government shutdown.

Maliban’s ‘Yaha Posha’ receives SLS certification

Maliban Biscuits’ wholesome breakfast offering ‘Yaha Posha’ achieved a significant milestone when it received the prestigious Sri Lanka Standards Institution (SLSI) certification recently.

Facebook top choice for Philippines wildlife traders: monitor

AFP: Facebook has emerged as the top site for wildlife trafficking in the Philippines, a watchdog said yesterday, with thousands of endangered crocodiles, snakes and turtles illegally traded in just three months.

‘Climb with Johann’ Campaign launched to support Johann Peries

Climbing Mount Everest is an accomplishment that bestows a rare distinction - not only on the climber, but also the

A trio of formulas to complement The Body Shop bath rituals this new year

The Body Shop in Colombo is ringing in the New Year with brand new bath and body formulas to complement

Ceylinco Life opens latest green branch in Chilaw

Ceylinco Life has commenced the new year on a green note, declaring open a new purpose-built eco-friendly building for its branch in Chilaw.

Goldman Sachs reports 4Q loss on big charge for US tax reform

AFP: Goldman Sachs reported a rare quarterly loss yesterday due to a one-time charge associated with US tax reform.

Cargills Bank pioneers use of cognitive security in Sri Lanka

IBM announced Cargills Bank Ltd, a licensed commercial bank based in Sri Lanka, has deployed IBM’s cognitive cyber security solutions to enhance its existing defensive capabilities, enable improved monitoring and implement stronger preventive protocols to guard against sophisticated threat incidents.

Multi Finance gears up for 2018 with new director board

With a proud heritage of over 40 years of being in business, Multi Finance PLC (MFPLC) has been a source of strength to businesses and entrepreneurs in the urban, rural and SME markets, playing a pivotal role in contributing to the growth of the Sri Lankan economy.

Experienced banker Aaron Russell-Davison joins Amãna Bank board

Aaron Russell-Davison, a veteran banker with over 20 years of experience, has been appointed to the board of directors of Amana Bank in the capacity of an Independent Non-Executive Director.

Union Assurance relaunches health cover with host of additions

Union Assurance always focuses on its efforts to revolutionize the Sri Lankan insurance industry by continuously introducing innovative and creative solutions and integrating it to its product portfolio. 

CICRA at US Pacific Command ‘Cyber Endeavor’ Programme for fifth year

CICRA for the fifth consecutive year on the invitation from the United States Pacific Command (USPACOM), took part in the ‘Cyber Endeavor’ Programme and trained military officers from 28 nations on cyber security. 

iflix Sri Lanka launches celebrity playlists

iflix, the world’s leading entertainment service for emerging markets, announced the launch of its playlists feature in Sri Lanka, bringing many of the country’s most influential people and personalities and their fans together. 

e-Swarbhimani awards empower local entrepreneurs - The PickMe Story

The annual e-Swabhimani national awards, an initiative of the Information and Communication Technology Agency of Sri Lanka (ICTA) has a long and rich tradition of recognising and promoting digital innovation which has a positive impact on society.

Everest Group recognizes Virtusa as major contender in PEAK Matrix

Virtusa Corporation announced that it has been named a major contender in Everest Group’s inaugural 2017 PEAK Matrix for Risk & Regulatory Compliance Application Services in Banking and Financial Services (BFS). 

Alleviation Digital grabs FCCISL Silver and Bronze awards

Known for their pioneering services in the field of commercial advertising, Alleviation Digital (Pvt) Ltd was honoured with the Silver Award for Uva province medium category and the Bronze Award for national level mediumcategory at the Entrepreneur of the Year 2017organized by the Federation of Chambers of Commerce and Industries in Sri Lanka (FCCISL).

SLT opens high-tech Tier 3 national data centre in Homagama

Together with Ministry of Telecommunications and Digital Infrastructure (T&DI) and Sri Lanka Telecom PLC (SLT) launched its newly built, state-of-the-art, Tier 3 (Tier III) Data Centre in Pitipana - Homagama recently. 

Go with your gut instincts: Tammy to Lankan women entrepreneurs

Tammy Barton is the founder and Director of MyBudget, an Australian company that helps its clients in managing their budget. After witnessing the financial difficulties people had to endure, Barton founded the company in 1999 in Adelaide, at the mere age of 22, with the intention of helping people save money and spend intelligently.

Baiting banks: Two lessons from incentivizing SME lending

The most effective development projects are those that not only provide new solutions to old problems, but are also implemented in a way that is sufficiently flexible to accommodate changing circumstances.

Stability reigns but Sri Lanka might stay in chains

Strong macro-stabilisation efforts characterised Sri Lanka’s economic policy in 2017. After two years of budgetary turmoil, fiscal consolidation efforts under an ongoing International Monetary Fund (IMF) programme are delivering higher revenues for the cash-strapped Treasury. A stronger fiscal footing is allowing Sri Lanka’s Central Bank to act pragmatically in its fight against inflation.

Apparel Industry Suppliers Exhibition to kick off this May

Bringing together suppliers and service organisations in the apparel industry in Sri Lanka, the Apparel Industry Suppliers Exhibition (AISEX) will be held from May 10th to 12th at the Sirimavo Bandaranaike Memorial Exhibition Center, BMICH premises.

British Curry Kings Are In Colombo To Showcase Their Talents

Sri Lankan diners can whet their appetites by tucking into British curry, as the Taste of Britain Curry Festival sets

Meet the Omani Ambassador at National Chamber

Oman Ambassador to Sri Lanka , Al-Sheikh Jumah Hamdan Al-Shehhi,  will be the Special Guest Speaker in  ‘Meet the Ambassador’ programme on “Bilateral Trade Between Sri Lanka  and Oman ”  January 30  at the Chamber, from 3.00 p.m. to 4.30 p.m.  

Opportunity to meet with Federation of Malaysian Manufacturers delegation

The Sri Lanka – Malaysia Business Council of the Ceylon Chamber of Commerce is to hold business meetings with members of the visiting delegation of the Federation of Malaysian Manufacturers (FMM) on 23rd January  at the Ceylon Chamber of Commerce. 

CMA Sri Lanka President at CAPA 60th anniversary in Malaysia

President and Vice President CMA Sri Lanka with CAPA President Jackie Poirier and Nancy Foran amd Tashia Butstone Directors of CPA Canada

Arizona State University commences YouLead teacher training programme for Sri Lankans

A point of pride common to most Sri Lankans is the nation’s rich cultural legacy. From ancient palaces and temples to complex irrigation and aqueduct systems, it is clear that ancient Sri Lankans had developed a sophisticated understanding of engineering, art, agriculture, and many other vital disciplines necessary for a civilization to develop and prosper.