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.

CTC laboratory receives ISO/IEC 17025:2005 certification

Ceylon Tobacco Company PLC (CTC) recently received the ISO/IEC 17025:2005 certification by the Sri Lanka Accreditation Board for complying with the standards set out by the International Organisation for Standardization (ISO) and International Electro-technical Commission (IEC), two global entities which form specialized systems for worldwide standardization.

Pelwatte Ice-Cream now at Sathosa

To kick start the new year, 100 percent local dairy manufacturer Pelwatte Dairy Industries is ensuring that everyone has access to his or her delicious range of ice creams by partnering with the Sathosa supermarkets network. 

Rocell amongst Top 20 Best Sri Lankan Brands

On its phenomenal journey of continuously maintaining the highest standards of beauty, quality and excellence, Rocell was recently bestowed a remarkable honour by being named one of the Top 20 Best Sri Lankan Brands for 2017, at the inaugural Interbrand Best Sri Lankan Brands awards ceremony.

Nestle Lanka launches Maggi Pazzta to local market

Buoyed by its success in the noodles segment, Nestlé’s iconic Maggi brand has launched Maggi Pazzta and entered the value-added pasta category.  Made with the wholesome goodness of semolina grains, which is high in fibre, Maggi Pazzta only requires cooking in hot water for five minutes for a delicious pasta meal in rich creamy cheese sauce. 

Aitken Spence Printing retains top spot in industry for 4th consecutive year

Sri Lanka’s leading printer, Aitken Spence Printing was recognized for the fourth consecutive year as the industry’s best, by winning the Gold award in the Printing and Related Services category at National Business Excellence Awards 2017.

Browns Pharmaceuticals launches 100PLUS isotonic drink in Sri Lanka

The 100PLUS isotonic drink, which is the No. 1 isotonic drink in Singapore, Malaysia and Myanmar, was launched in Sri Lanka this week. 

Shares extend fall on foreign selling

REUTERS: Sri Lankan shares fell for a seventh straight session yesterday and closed at their lowest in nearly three weeks, as foreign investors turned net sellers for the first time in 14 sessions while local players stayed on the sidelines.

CB calls for mangers to sell US $ 2bn sovereign bond

The Central Bank of Sri Lanka has published a request for proposals for lead managers/book runners for the US$ 2 billion sovereign bond issue in the coming months as well as for a potential liability management exercise.

SL to settle US$ 42mn oil money to Iran by February

Sri Lanka will settle its US$ 42 million in arrears to Iran on past oil bills this February, the International Monetary Fund said last week.

Action taken to address issues highlighted in Weliamuna report: SriLankan

Hot on the heels President Maithripala Sirisena announcing his intention to appoint a committee to probe SriLankan Airlines and Mihin Air, the struggling national carrier, SriLnkan Airlines yesterday said contrary to the popular belief, the airline’s board of directors has taken all action possible to address the internal and disciplinary issues highlighted in the J.C. Weliamuna report. 

PM visits Rigid Tyre; says development projects will go ahead despite challenges

Sri Lanka will go ahead with the development projects despite the challenges the government is facing currently, Prime Minister Ranil Wickremesinghe  said on Wednesday.

Exports grow 11% in first 11 months of 2017

The exports continued to record a growth momentum for more than eight months in 2017, compared to 2016, except in three instances, the Export Development Board (EDB) said this week.

Avian Technologies hosts Kaspersky Awards Night 2018

Avian Technologies (Pvt.) Ltd., exclusive distributer of Kaspersky Lab Products in Sri Lanka and the Maldives

Hot N Spicy Stars adorn Prima Kottu Mee Calendar 2018

The 2018 Prima Kottu Mee calendar carries a host of vibrant young personalities who portray the brand’s 

SLT announces grand opening of the state-of-the-art Tier 3 “National Data Center”

Together with Ministry of Telecommunications and Digital Infrastructure (T&DI) and Sri Lanka’s leading

Sri Lanka, come ‘Taste the New language of Love’ with brand new Maggi Pazzta

Buoyed by its success in the noodles segment, Nestlé’s iconic Maggi brand has launched Maggi Pazzta

Nivasie Malabe to complete by March, making it the largest housing project

The third and final phase of the Orchid project will be completed and ready to be occupied by March this year

Qatar Airways Extends Its “Global Travel Boutique” Promotion

Qatar Airways is delighted to announce that it has extended its Global Sales Campaign for an additional three

Cabinet nod for SL-S’pore FTA subject to AG’s approval

The Sri Lankan cabinet of ministers this week gave the green light to the signing of the free trade agreement (FTA) with Singapore, which was negotiated in secret, subject to the approval from the Attorney General.

Door shut for mom-and-pop investors in BASEL III debt

The Securities and Exchange Commission (SEC) of Sri Lanka has taken measures to send away the retail investors from investing in BASEL III-compliant debt securities.    

Shares extend declines

REUTERS: Sri Lankan shares ended down for a sixth consecutive session yesterday, hitting their lowest close in more than two weeks, as retail investors sold blue chips, but foreign buying in the island nation’s risky assets capped further decline.

Govt. to refurbish GOH through PPP

The government yesterday said it would evaluate a proposal made by Singapore’s HPL Hotel & Resorts to invest and refurbish the heritage hotel, Grand Oriental Hotel (GOH), which overlooks the Colombo Port.

CIM Sri Lanka appoints new board for 2018

The Chartered Institute of Marketing Sri Lanka recognised as the first international branch of CIM UK, comprising the largest number of professional and student members outside the UK recently appointed its new board for the year 2018.

IPM past President Lalith Wijetunge inducted as OPA President

IPM Sri Lanka Past President Lalith Wijetunge was inducted as the 37th President of the Organisation of Professional Associations (OPA) of Sri Lanka at an Induction Ceremony held on January 4th 2018, at Cinnamon Lakeside, Colombo.

MBSL celebrates dawn of New Year

Merchant Bank of Sri Lanka & Finance PLC (MBSL), a fully-owned subsidiary of the Bank of Ceylon, welcomed 2018 with Buddhist, Christian, Hindu and Islam religious observances to mark the dawn of the New Year. 

SLRBC expresses gratitude to Lankan ambassador to Russian Federation

The Sri Lanka-Russia Business Council of the Ceylon Chamber of Commerce in a statement conveyed its sincere appreciation and deep gratitude to Dr. Saman Weerasinghe, Ambassador of Sri Lanka to the Russian Federation for invaluable services rendered to the council and the country during his tenure of office as ambassador.

Book comprising academic essays on China-SL relations launched

The first copy of the  “The Island of the Lion and the Land of the Dragon - Essays on Sri Lanka – China relations”, which comprises of essays by prominent Sri Lankan and Chinese academics was handed over to all the leading daily English newspaper editors by Chinese Embassy in Sri Lanka Charge d’ Affaires Pang Chunxue.

Cargills Bank enables online EPF payments for businesses

Cargills Bank signed a Memorandum of Understanding (MOU) with the Central Bank of Sri Lanka (CBSL) on 8 January  2018, enabling services of the Employees Provident Fund (EPF) E-Return System through Cargills Bank’s corporate internet banking.