Taian Lanka Steel opens galvanized steel tubes and pipe manufacturing factory

Taian Lanka Steel Company (Pvt) Limited opened its new factory recently to manufacture large size galvanized steel tubes and pipes. This would double the production capacity and also enable the company to meet the expanding demand within the entire island.

Samsung launches curved monitors in Sri Lanka

Samsung Electronics recently launched their new and innovative Samsung curved monitor in the Sri Lankan market. 

‘Architect 2017’ exhibition to kick-start next week

The 35th edition of the architect exhibition hosted by the Sri Lanka Institute of Architect’s (SLIA) will unfold in Colombo next week from 16th-19th. This time it will comprise of 305 stalls and 135 panels displaying architects’ work. 

DoC to hold ‘Export to Sweden’ forum on Feb. 15

Three Swedish trade experts will be arriving in Colombo next week to meet and help Sri Lankan exporters striving for the Swedish market.

CSE donates library to Anuradhapura Diganegama Vidyalaya

Recognizing the value of fostering access to education in rural communities, the Colombo Stock Exchange (CSE) recently completed a library donation project at Diganegama Vidyalaya in Anuradhapura. 

Australian HC meets Malik

Australian High Commissioner to Sri Lanka Bryce Hutchesson with a high-level delegation from Australia met Development Strategies and International Trade Minister Malik Samarawickrama at the ministry and held discussions on bilateral trade and investment opportunities between the two countries.

Give2lanka launches housing for poor project with IT corporates

Give2Lanka, a not-for-profit organisation that connects donors with impactful poverty alleviation projects, takes a groundbreaking step of an inclusive programme of building houses for the poorest families with the direct participation of corporates in the  IT sector.

Noritake enters 2017 on winning note with National Quality Award

Noritake Lanka Porcelain (Pvt) Limited entered the new year on a winning note by being awarded the National Quality Award in the Large Manufacturing Category at the National Quality Awards at the Colombo Hilton recently. 

NCE participates in JITF for 4th consecutive year

National Chamber of Exporters of Sri Lanka (NCE) Secretary General Shiham Marikar along with officials participated in the Jaffna International Trade Fair (JITF) held recently.

DFCC Bank continues its island-wide expansion

DFCC Bank continued in its efforts to drive the growth of its network reaffirming its commitment towards advancing financial inclusivity, in the month of February.

Munchee Samaga Gamata Sarana celebrates 100th milestone project

Munchee, the flagship brand of Ceylon Biscuits Limited recently celebrated the completion of its 100th milestone project at Wavegama Kanishta Vidyalaya in Sooriyawewa, Embilipitiya

SLIM celebrates 30 years of PCM induction with 2017 fresh batch

Preliminary Certificate in Marketing (PCM), the three-month course launched by the Sri Lanka Institute of Marketing (SLIM) in 1988 was aimed at bestowing a basic knowledge in marketing toyoung executives, school leavers who yearn to venture into the philosophical world of marketing and non-marketers who realize the value in marketing.

WISTA Sri Lanka organizes port tour for staff and children

WISTA Sri Lanka beckoned the new year by organizing a guided Port tour for its members and their children.  

CIM Sri Lanka partners with FITIS

The Chartered Institute of Marketing Sri Lanka entered into an association partnership with Federation of Information Technology Industry Sri Lanka (FITIS) and the Memorandum of Understanding (MOU) was signed at the FITIS Quarterly General Meeting which took place in January 2017 at the HNB Towers, Colombo. 

Abans holds 15th annual retail staff get-together

The Abans all-island retail assistant staff get-together 2016 was recently held at Cinnamon Village, Habarana, Club Palm Bay, Marawila, and Villa Ocean View, Wadduwa, for valuable Abans retail showroom staff members. 

Management consultant to launch book on growth and competitiveness

Roshanga Wickremesinghe, a management consultant with fourteen years of experience in delivering high-impact consulting, 

JASTECA Institute of Management conducts workshop on supervisory skills

Supervisors play an important role in any organization. In the ever changing and challenging business environment, supervisors are under pressure to maintain the momentum and make a difference in their work. This will be possible only when the supervisors possess the right skills.

Etisalat Lanka deploys next-gen biz support system through ZTE

Further enhancing its commitment to digitalize customer experiences, Etisalat Lanka partnered with ZTE to provide an end-to-end convergent billing management solution.

ReadMe joins hands with SLASSCOM

With the dawn of a brand-new year and a range of milestones and targets set in place to be achieved over the next few years, ReadMe – Sri Lanka’s premier IT magazine, and Sri Lankan Association of Software and Services Companies (SLASSCOM) signed a memorandum of understanding (MoU) recently. 

Seven finance predictions for 2017

If 2016 has taught us anything, it’s that making predictions is an inexact science. There is much that has happened over the past 12 months that we would have been hard pressed to predict this time last year. 

Auxenta’s Assetminder bags int’l Innovation Award in Ireland

Assetminder, an ingenious fleet maintenance and workshop management solution developed by Auxenta Inc. (Auxenta), won the prestigious Innovation Award at Ireland’s Fleet Transport Awards 2017 held in Dublin, Ireland recently.

Czech Republic envoy calls on Malik

Czech Republic Ambassador for Sri Lanka Milan Hovorka called on Development Strategies and International Trade Minister Malik Samarawickrama at the ministry this week. He was accompanied by Czech Republic Consul General for Sri Lanka Dr. Lohitha Samarawickrema. The dignitaries held bilateral talks to enhance investment and trade between the two countries. 

Start preparing for financial independence, advises NDB Wealth

Having marked Sri Lanka’s Independence Day, it’s time to start preparing for your own financial independence. Meaning different things to different people, financial independence can, for example, result in being debt free or even having a sufficient amount set aside to meet any emergency. Another way to look at it, make your assets effectively work for you, by consistently continuing to generate an income in excess of your expenses.

CCC invites corporate firms to be part of Business Events Calendar

The Ceylon Chamber of Commerce (CCC) is inviting corporate firms to be a part of its annual Business Events Calendar of the year 2017/2018, which plans to hold a series of key business events, forums, seminars and discussions throughout the year.

Role of independence in an interchanging world order

“Geographic facts do not change, but their meaning for foreign policy will.” -Nicholas J. Spykman A new world order has begun with roles interchanging. The US, as the leader of the free world and the architect of globalization, is advocating nationalism in a close of its borders,

Sri Lanka and pivot to Asia in new global order

In October 2011, then US Secretary of State Hillary Clinton outlined a new foreign policy vision for the US that rebalanced its focus to East Asia and the Pacific from the Middle East.

Sri Lanka woos Middle East market at IMTM

Renewed efforts are being made to position Sri Lanka as an attractive destination for the outbound Middle East tourism market, Sri Lanka’s Tourism Ministry said. 

India’s Modi says cash crackdown a fight for the poor

REUTERS:  Indian Prime Minister Narendra Modi yesterday defended his decision to abolish high denomination bank notes that has left the economy reeling, calling it a fight’ for the poor.

Finnish govt. keen to invest in Sri Lanka

The Ambassador of Finland to Sri Lanka Rauli Suikkanen said that he would call leading entrepreneurs of his country to invest in Sri Lanka. 

Govt. in talks to alleviate impact of US taxes on OTR tyres

The Sri Lanka’s Commerce Department is currently fighting what it calls an erroneous imposition of countervailing duties on Sri Lankan made pneumatic off-the-road (OTR) tyre exports to the US, with the aim of reducing or removing the duties, Mirror Business learns.