Environmental Monitoring team visits Port City site

The members of the Environmental Monitoring Committee (EMC) appointed by the Coast Conservation Department (CCD) to oversee the environmental compliance of the Colombo Port City Development Project made an inspection tour at the project site on November 1.

Huawei’s ‘Seeds for the future’ selects 10 Sri Lankan undergrads for China study tour

Chinese tech giant, Huawei has selected 10 undergraduates to visit their campus in Shenzhen, China to attend a workshop in Information and Communications Technology (ICT), as part of the ‘Seeds for the future’ programme in collaboration with the Prime Minister’s Office and Ministry of Communications and Digital Infrastructure. 

EASL cautions over threats to int’l trade

Exporters Association of Sri Lanka (EASL) yesterday cautioned of elements who are trying to influence the authorities to reintroduce Terminal Handling Charges (TCH) and other surcharges and stressed that such a move could make import /export trade very uncompetitive. 

Uga Bay Pasikudah celebrates fourth year anniversary with staff and community

Uga Bay marked an important milestone by entering its 4th year in the hospitality industry.  The elegant and lush beach resort hotel located in Pasikudah on the pristine border of the East Coast, celebrated the occasion by giving back to the community and of course treating its staff and guests.

GAC Sri Lanka marks World Maritime Day with nature protection drive

GAC Sri Lanka, the premier ship agency and logistics service provider in Sri Lanka celebrated the World Maritime Day this year with a contribution to nature protection in Sri Lanka.  GAC Sri Lanka continued with their last year’s efforts in creating awareness on the prevention of marine environment pollution. 

Ravi to deliver keynote at CIMA Nov. 15 budget forum

Following the presentation of the Budget 2017, Chartered Institute of Management Accountants (CIMA) will be conducting a post-budget seminar to analyse the budget proposals and its impact from an economic, taxation and business perspective, on November 15, at the BMICH, from 6:00 p.m. to 8:00 p.m.  

E-commerce: The great equalizer in international trade

The global e-commerce market has grown exponentially over the past decade, rising from a US $ 300 billion in the 2000s to US $ 22,000 billion in 2015. E-commerce has now become a new driver of international trade; as it helps more firms participate in international supply chains and reduce transaction costs and entry barriers. As the Asia-Pacific region takes front stage in becoming the fastest growing region in the sector, it brings a tremendous

Bank of Ceylon green banking goes with digitization

The Bank of Ceylon (BoC) as the leading bank in Sri Lanka, has always acted as a responsible financial institution by creating the best solutions for its customers in an environmentally-friendly manner. 

Top Danish entities in SL exploring business opportunities

On the lookout for opportunities to support the island nation’s growth agenda, a high-profile Danish delegation in Colombo yesterday received a comprehensive briefing on operating and trading in Sri Lanka, an effort by the European Chamber of Commerce of Sri Lanka (ECCSL) to increase ties between the two nations.

TrailSL draws to an endwith the support of Sri Lankan Airlines team members

Forever endeared to the hearts and minds of  Sri Lankans all over, TrailSL ended its historic journey across the country from Point Pedro in Jaffna at Dondra Head in Matara. 

Jaguar XE named ‘Safest large family car’ by Euro NCAP

The Jaguar XE has scored another victory over its rivals to be rated the safest large family car on sale by crash safety testing body, Euro NCAP. 

Hameedia continues winning streak at the SLIM NASCO 2016 Awards

Hameedia, the leading menswear specialist in Sri Lanka once again was recognized for service excellence at the recently concluded SLIM NASCO 2016 Awards. 

Qatar Airways Launches Two Seats, One Great Offer On Board Its Award Winning Business Class

Qatar Airways is inviting travellers to plan the perfect trip for two with an exclusive Companion Offer available on board Qatar Airways’ World’s Best Business Class. 

DFCC keeps growing

The synergies of the amalgamation with Vardhana Bank are starting to materialise. For the nine months ended 30 September 2016, DFCC’s profit after tax recorded a 43% growth

Sri Lanka’s No 1 Internet TV Service, iflix launches huge selection of Hindi and Tamil content

iflix, the world’s leading Internet TV service for emerging markets is thrilled to announce the addition of hugely popular Hindi and Tamil programming to its world class content offering.

Sri Lanka could enjoy GSP Plus facility till 2023: EU

Sri Lanka could enjoy the preferential tariff regime of General System of Preferences Plus (GSP 

Sierra Cables to set up US $ 4mn cable manufacturing plant in Fiji

“Sierra Cables PLC wishes to announce that it has on 13th October 2016 entered into a joint venture 

Odel September quarter net profit up 32%

Branded clothing and accessories seller Odel posted a Rs.74.20 million net profit for the second 

Aitken Spence pulls out from Bangladeshi power operations

The Aitken Spence group has completely exited its thermal power generation interests in Bangladesh 

CB still sees room for growth as money abundant

 Despite several rounds of monetary tightening measures taken so far this year, the country’s 

Monetary Board verdict on bond scam soon

The Monetary Board is soon expected to come up with its verdict on the alleged treasury bond scam 

New Watawala Plantations CEO outlines fresh vision for country’s plantation sector

The ground conditions in the Sri Lankan plantations industry are beginning to change at a ?

ACCA signs MoU with Human Capital Partner

Recognizing the value of promoting mutual co-operation for the advancement of the accountancy 

Sampath Bank feted at South Asian Partnership Summit Awards

Sampath Bank was feted with the award for ‘Best Use of Social Media’ at the South Asian 

Utrax brings Hidromek Turkish construction equipment brand to Sri Lanka

Udeshi Tracks & Equipment (Pvt.) Ltd (Utrax) launched the Hidromek range of heavy construction equipment in Sri Lanka recently at its flagship ‘Udeshi City’ premises in Kiribathgoda. 

Pan Asia Bank wins at 16th SLIM NASCO awards

Pan Asia Bank’s Christopher Fleming – Sales Manager Card Acquisition won the Silver Award for 

JLanka recognized for intensive innovation and R&D with Flame Award

JLanka Technologies, the premier solar solution provider in Sri Lanka was awarded the Flame 

Fairway Holdings opens sports complex for homeowners

October 25, 2016 saw Fairway Holdings become the first property developer in Sri Lanka to open a standalone sports complex for its homeowners. 

Michelle Beach clinches Luxury Boutique Hotel of the Year Award

Michelle Beach, an upmarket Boutique Hotel along the Southern Coastal belt of Sri Lanka, in 

Tourism Fest 2016 to cap record-breaking year

The upcoming festive season will be one to look forward to with the Tourism Development and