Qatar Airways Announces Eight New Destinations For 2017-18

Qatar Airways, the award-winning and fastest growing airline in the world, today announced eight more destinations for 2017-18

Appeal Court issues notices on SEC, CSE, CDS and Bartleet Religare after action by investor

Notices have been issued this month by the Court of Appeal to the capital market regulator Securities 

Seylan secures US $ 15mn term loan from UAE’s RAKBANK

Sri Lanka’s Seylan Bank has secured a US $ 15 million, five-year funding line from the National Bank of 

Maldives records second best tourist arrivals in October for this year

Despite a slowdown in the global economy, the Maldives attracted 117,489 arrivals in October at a 

FinMin’s barrage to capture CB’s territory continues

Sri Lanka’s Finance Minister Ravi Karunanayake reaffirmed his intentions to reduce the autonomy of 

Rupee falls on importer dollar demand

REUTERS: The Sri Lankan rupee ended weaker yesterday, a day ahead of the Central Bank’s rate 

Shares hit near 8-mth low ahead of CB rate decision

REUTERS: Sri Lankan shares fell yesterday to a near eight-month low, ahead of Central Bank policy 

Trade is not just for big businesses: Role of Sri Lankan SMEs in trade

Small and Medium Enterprises (SMEs) play an important role in economies in terms of their contribution to national output, employment and share of firms operating in countries. In Sri Lanka, they form the backbone of the economy and can be found in all sectors of the economy.

Govt. should recognize PPPs will play catalytic role in furthering FDIs: Thilan

The Board of Investment (BOI) was the one institution that has successfully facilitated PPPs in the past, and Thilan Wijesinghe has been the youngest ever and longest serving Chairman of the BOI. In the following interview, he speaks of the key enablers which facilitated successful PPPs during his chairmanship.

CTC feted among Business Today Top 30 corporate entities for 2016

Ceylon Tobacco Company (CTC) secured the fourth position among Business Today ‘Top 30’ corporates at the award ceremony held recently in Colombo. 

Photo Technica launches three path-breaking Nikon models

Three Nikon KeyMission models, which are amongst the latest Japanese trend-setters, were unveiled in Sri Lanka by Photo Technica recently. 

Expert calls for right regulatory and promotional moves for tourism to boom

??By Chandeepa Wettasinghe Sri Lanka could become one of the world’s most competitive tourism 

CA Sri Lanka to hold session on restructuring and revival of companies

With the world we operate in becoming more challenging and complex, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), together with the Business Recovery and Insolvency Practitioners’ Association of Sri Lanka (BRIPASL) and Registrar of Companies has organised an awareness session on restructuring and revival of companies. 

Fonterra’s dairy programme recognised at Best Sustainability Projects Awards

Fonterra Brands Sri Lanka, the company behind Anchor, has been recognised at the 2016 Best Corporate Citizen Awards presented by the Ceylon Chamber of Commerce for its dairy development programme.

Amãna Takaful launches unique Smart Rider Cover

Amãna Takaful PLC (ATL) unveiled Smart Rider Cover, a compelling insurance scheme for motorbikes that covers its riders across a spectrum of worst-case scenarios to ensure that they do not have to suffer monetary loss due to any reason.

Power World launched in India; opens 20 gyms in a single day

Power World Gyms in Sri Lanka together with India’s Talwalkars launched 20 gyms in Bangalore, India simultaneously in single day. 

Brandix dedicates head office to Ken Balendra

The Brandix Group has paid tribute to an inspirational trailblazer by naming its head office at Rheinland Place, Colombo 3, after the business leader Ken Balendra, the Group’s first Chairman, at a simple ceremony held on November 28th.

Browns Hospitals launches first haemato-oncology care for residents out of Colombo

Strategically located on the main Ragama Road and in close proximity to the Ragama Teaching Hospital and the Ragama railway station, the fully-fledged multi-specialty general hospital now reaches out to rural and urban masses with yet another specialised care unit.

Siyapatha Finance announces Bonanza grand draw

Leading financial organisation Siyapatha Finance PLC has announced that it is conducting a grand draw, Siyapatha Bonanza, for the company’s leasing and gold loan customers from October 1 to December 31, 2016. 

CSE powers CA Sri Lanka’s 52nd Annual Report Awards as strategic partner

The Colombo Stock Exchange (CSE) has once again extended its support for the prestigious Annual Report Awards Competition organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). 

Richlife launches Sri Lanka’s first probiotic drinking yoghurt

The pioneers of drinking yoghurt in Sri Lanka, Richlife, recently launched the nation’s first ever drinking yogurt with probiotic and real fruit. 

China Show business seminar eyes on strengthening bilateral trade

A business seminar titled ‘Innovative Products from China’ was held during the afternoon session of the first day of the second edition of China Products (Colombo Sri Lanka) Exhibition 2016.  

Dr. Mahamithawa shares insights on folic acid in dietary plan

Folic acid is considered to be one of the most important nutrients, especially for pregnant women who are required to ensure that it is included in their meals in addition to many other minerals that are required for optimum health and wellbeing.

CIMA ‘Art of Fraud’ Mastercourse on Dec. 6

CIMA Sri Lanka has organised a Mastercourse titled ‘Art of Fraud – Financial Smoke Screens Demystified’ on December 6, at the CIMA auditorium. 

MAS acquires first patent from local high-tech research institute

Sri Lanka’s apparel manufacturing giant, MAS Holdings, yesterday reached yet another milestone having acquired its first intellectual property (IP) from a Sri Lankan institute, where the concept, from bench to market, was originated and researched locally.

AIA-in-Town visits Embilipitiya

Embilipitiya was the ninth location of the AIA-in-Town programme, a much anticipated event for adults and children alike. This town storm type activity spanning five days had the busy city buzzing with excitement as AIA carried out its fun-filled activities. 

EU supports UNOPS-WHO healthcare waste management initiative in SL

The United Nations Office for Project Services (UNOPS) and World Health Organisation (WHO) partnered in the Batticaloa District to support healthcare waste management at the Valaichchenai Base Hospital. This initiative has also benefitted staff from other hospitals in the region due to sharing of information and best practices. 

CDEM benchmarked for fully-equipped modern clinical laboratory

CDEM’s clinical service is committed to a bench-to-bedside approach, taking service through from basic science discovery to clinical application under Dr. Malith Athapattu, Medical Director and General Manager of Center for Diabetes Endocrinology and Cardio Metabolism. 

HDFC Bank holds annual staff awards ceremony

HDFC Bank held its staff awards ceremony recently with a large number of distinguished guests and staff members from all five regions of the bank. The ceremony was organised to honour the dedicated staff of the bank, in recognition of their contribution made towards the success of the year 2015.

LOLC Finance September quarter profit slips 4% as expenses surge, margins narrow

Lanka Orix Leasing group company, LOLC Finance PLC, saw its net profit for the quarter ended September 30, 2016 (2Q17) narrowing by 4.0 percent to Rs.391.5 million or 14 cents from a year ago as some unclassified direct expenses and the interest cost rose sharply, the interim results showed.