The Belt and Road to China-based globalisation

At a time when globalisation from the West appears to be in retreat, the Belt and Road Initiative (BRI) is a potent symbol of the rise of China-based globalisation.

CBL holds Annual Distributor Convention, Star Awards Ceremony

Ceylon Biscuits Limited (CBL) held its Annual Distributor Convention and Star Awards Ceremony 2016/17 recently at Eagles’ Lakeside Banquet and Convention Hall, Attidiya. 

CIM Sri Lanka partners with Emerging Media

The Chartered Institute of Marketing Sri Lanka (CIM Sri Lanka) entered into a strategic partnership with Emerging Media (Pvt.) Limited, one of the leading digital signage and location-based advertising solutions providers. 

CIMA Business Leaders Summit on September 11

The annual flagship C-suite event of CIMA Sri Lanka, the Business Leaders Summit titled ‘What’s Next: The Changing Business Landscape’ will be held on September 11.  

Leadership is also having gift of being present – to think, to feel and to impact

One of my clients – a leader of a medium-sized growing company – was emotionally agitated about the future of his company. I allowed him a little time to vent his anxiety and then I reminded him how great leaders look at the future, how they create a vision and values and how they create targets based on where they’re going.

Google Launchpad Accelerator opens to Sri Lankan startups

Google opened its Launchpad Accelerator to Sri Lanka on 31 August with the aim of providing an opportunity to local developers to formulate solutions to local challenges.

IESL-UTE Raspberry Pi Challenge 2017 enters critical second phase

The IESL-UTE Raspberry Pi Challenge 2017 has entered a milestone second phase drawing record interest from undergraduates and school students.

Mobitel unveils revolutionary ‘X Station’

Mobitel proves yet again its credentials as the unrivaled leader of the country’s digital revolution by unveiling ‘X Station’, the first hi-tech Internet of Things (IoT) concept store of its kind in  the country. 

Fifty years of computing at University of Colombo

This year, the University of Colombo celebrates 50 years of computing, recalling its achievements and reflecting on the founding years. To mark this significant event, the University of Colombo School of Computing (UCSC) will hold three major events on September 6th.   

Etisalat to grant 20% bonus usage on data

In view of the Government of Sri Lanka revoking the telecom levy on data usage from 1st September, Etisalat will provide its post-paid and pre-paid subscribers with a total of 20 percent bonus usage  on data.

Participants developing solutions at the Google Launchpad Accelerator program

The 37th Annual General Meeting (AGM) of The Sri Lanka Association of Inbound Tour Operators (SLAITO) was held on 25th August 2017 in the presence of over 200 attendees. Harith Perera 

New revenue law will stop ministers misusing tax concessions

The new Inland Revenue Bill, which will be presented to parliament this month, will withdraw the powers vested in ministers to grant tax concessions in an ad-hoc manner, the country’s Finance Ministry said.

Thousands flock to Le Havre for tall ships parade

AFP: Tens of thousands of people lined the quays of the French port of Le Havre yesterday to see some of the world’s oldest and most majestic sailing ships glide past on the city’s 500th anniversary.

Melstacorp and related parties up stake in Aitken Spence

Business tycoon Harry Jayawardena managed to tighten his grip on Aitken Spence PLC this week without triggering a mandatory offer.

HSBC Lankan unit records Rs.3.6bn profit for 1H

The Honkong and Shanghai Banking Corporation Limited Sri Lanka branch (HSBC Sri Lanka) posted a net profit of Rs.3.58 billion for the six months ended in June 30, 2017 (1H17), increasing from Rs.3.27 billion during the same period last year, the interim financial accounts of the bank showed. 

Lankan banks’ funding profiles squeeze as deposits slow, loan growth accelerates

The rapid growth seen in bank loans during the period from June 2014 to June 2017 have pressurized both the funding and liquidity profiles of Sri Lankan banks as the deposits failed to keep up with the loan growth, according to Moody’s Investors Service (Moody’s). 

CIFL depositors approve Swiss plan for troubled finance firm

The Central Investment & Finance PLC’s (CIFL) Depositors Association recently agreed to a repayment plan for their deposits at the troubled finance company submitted by the Swiss firm Chancental Works GMBH with the intervention of the Central Bank of Sri Lanka.

Apartment boom running out of puff amid CB reservations?

The Central Bank appears to have succeeded in its efforts at curbing the ‘irrational exuberance’ of property developers, with a slowdown being now witnessed in apartment construction amid fears of a possible property bubble.

Google Launchpad Accelerator opens to Sri Lankan startups

Google opened its Launchpad Accelerator to Sri Lanka on 31 August with the aim of providing an opportunity to local developers to formulate solutions to local challenges.

Powerful data analytics for real-time decisions: Hirdaramani IT Arm, H One Launches RES.Q | QMS for

Sri Lanka’s leading enterprise solution provider H One launched RES.Q | QMS, a quality management solution tailor made to minimise defects in apparel manufacturing. H One’s solution draws on the rich 

H One launches quality management solution for apparel industry

Sri Lanka’s leading enterprise solution provider H One launched RES.Q | QMS, a quality management solution tailor made to minimise defects in apparel manufacturing.

Milo cycle parade helps 1,000 kids and families get active

Over 1,000 children and their families celebrated the grand finale of the popular ‘Mom, Me and My Milo’ campaign, painting the streets of Colombo green in a mega Milo Cycle Parade.

President visit Facets Sri Lanka gem and jewellery exhibition

Sri Lanka Gem and Jewellery Association organized the 27th consecutive year International Gem and Jewellery Show Facets Sri Lanka 2017 at  the BMICH.

Pelwatte Dairy powers Ananda College’s 130th anniversary celebrations

It was a celebration of 130 years of educating boy’s for Ananda College Colombo and Sri Lanka’s 100 percent local dairy manufacturer Pelwatte Dairy was there to support the walk and fun fair that was held at Green Path, Colombo.

Star Holdings launches another ‘Sri Lanka’s first’ to product portfolio

Star Holdings – a 100 percent Sri Lankan Fabric Care Company has added another ‘Sri Lanka’s first’ to its product portfolio which already includes innovative products like Star Dishwash Round and Starlight Detergent Powder.

Host of features with all new Dialog TV ViU HUB

For the first time in Sri Lanka, Dialog Television introduces a state of the art all in one media and satellite decoder with Wi-Fi connectivity - The Dialog TV ViU HUB. 

Australia and Sri Lanka have great potential in promoting higher education: Minister

Australia and Sri Lanka have a great potential to collaborate on vocational training and higher education, especially in marine sciences, Australian Vocational Education and Skills Assistant Minister Karen Andrews said while visiting Colombo International Nautical and Engineering College (CINEC) during her trip to Sri Lanka.

National Chamber Business Forum on ‘Customs Procedures’ runs to a full house

Senior officials from Sri Lanka Customs addressed the business community on the latest procedures at Customs, where participants were able to discuss and sort out many issues faced by them. The seminar proved to be a highly successful one.  

Export Development Board holds seminar on ‘Digital Doors to Trade’

The Sri Lanka Export Development Board (EDB) organized a half-day seminar on “Digital Doors to Trade” for Sri Lankan exporters to create an awareness on Business to Business (B2B) and Business to Consumer (B2C) digital trade platforms. 

CBL holds ‘Annual Distributor Convention and Star Awards Ceremony 2016/17’

Ceylon Biscuits Limited (CBL) held its ‘Annual Distributor Convention and Star Awards Ceremony 2016/17’ recently at the Eagles’ Lakeside Banquet and Convention Hall, Attidiya. Conceptualized to