Alliance Finance announces capital restructuring programme

Alliance Finance PLC (ALLI) announced the dates for its capital restructuring programme yesterday with a disclosure to the Colombo Stock Exchange.

Rupee ends steady for third straight session

REUTERS: The Sri Lankan rupee closed steady for a third straight session yesterday as dollar demand from importers offset exporter sales of the US currency in the absence of Central Bank intervention, dealers said.

National Chamber and WUSC to conduct CSR session

The World University Service Canada (WUSC) and  supported by the National Chamber  of  Commerce will conduct a CSR session on October 18 from 2.00 p.m to 5.00 p.m at the National Chamber Auditorium 450 D R Wijewardene Mawatha Colombo – 10.

LG celebrates 50 years of TV production with OLED TV lineup

LG’s deep roots in the television industry dates back to 1966 when it produced the first TV manufactured in Korea. LG’s leadership in TV technology has made it a global trailblazer, which has helped to make Korea a hotbed of the electronic industry. Last year, LG unveiled the world’s first HDR-enabled 4K OLED TV, which was followed by LG Signature OLED TV.

SriLankan Airlines assists Take Heart Mercy Mission’s lifesaving work again

SriLankan Airlines is to once again facilitate the air travel of the Take Heart Mercy Mission, a team of medical specialists from the United Kingdom who travel to Sri Lanka every year to perform life-saving heart surgery on young children with life-threatening heart defects.

Nature’s Agro Products Lanka achieves NCE Gold Award

Nature’s Agro Products Lanka, a leading value-added cinnamon and spices exporting company, was presented the Gold award in value-added agriculture sector, medium-scale coconut and coconut-based products sub category at the 24th annual National Chamber of Exporters of Sri Lanka (NCE) Awards, held recently at The Hilton Colombo. 

People’s Bank supports NCE Awards as ‘Premium’ sponsor

People’s Bank is proud to be the Premium sponsor of the prestigious National Chamber of Exporters of Sri Lanka 23rd Annual NCE Awards in order to support the exporters by giving them recognition and convenient finance solutions.

Sri Lanka’s capital markets will attract regional interest: MTI investment expert

MTI Consulting, as part of an initiative to scale up their corporate finance and investment advisory practice, recently announced the appointment of Naushervan “Naush” Beg, a Canadian-Pakistani with formidable international experience in financial services, capital markets, private equity and investment facilitation. 

Vegiland Exporters wins NCE 2016 Export Award

Vegiland Exporters (Pvt.) Ltd won the Silver award in the Agriculture Bulk sector at the NCE 2016 Export Awards ceremony, organised by the National Chamber of Commerce of Sri Lanka held recently at The Hilton Colombo.

Business Travellers announces Qatar Airways as Best Business Class and Middle Eastern Airline

Qatar Airways was awarded Best Business Class and Best Middle Eastern Airline at the 2016 Business Traveller Awards held in London on October 3rd.

Strathspey Estate conducts CSR programme

Strathspey Estate owned by Richard Pieris Group of companies, conducted a health camp on 12th October at its Cultural Hall as another CSR project.

CL Synergy bags Golds at NCE Awards

CL Synergy, a pioneer in providing integrated innovative logistics and freight forwarding solutions, was awarded two Gold awards and a Bronze award at the 24th annual award ceremony of the National Chamber of Exporters (NCE).

TAC wins ‘Social Media Agency of the Year’ at SAPSA Business Excellence Awards 2016

Ameresekere Consulting (Pvt.) Ltd has been recognized for its excellence in the social media domain with the prestigious award for the ‘Social Media Agency of the Year’ by the South Asian Partnership Summit at the Regional Business Excellence Awards 2016, which was held recently at Waters Edge. 

Oman Air wins twice at World Travel Awards Middle East

Oman Air has been named ‘Middle East’s Leading Airline, Business Class’ and ‘Middle East’s Leading Airline, Economy Class’ at the World Travel Awards Middle East 2016.

Emirates to launch new daily service to Fort Lauderdale

Emirates has announced it will launch a daily service between Dubai and Fort Lauderdale-Hollywood International Airport, on December 15, serving the South Florida area, including Fort Lauderdale, Miami, and West Palm Beach. This will be Emirates’ 11th passenger route in the United States.

NDB employees volunteer to extend support for Trail

NDB continuously endeavours to foster sustainability across all its business decisions and activities and believes in inculcating ‘Responsible Behaviour’ in all its employees ensuring that sustainability becomes a way of life. 

National effort for prevention of avoidable blindness on World Sight Day

Sri Lanka’s Vision 2020 goal of eliminating avoidable blindness in Sri Lanka was supported through multiple initiatives on World Sight Day 2016.

Etihad Airways to increase Dallas/Fort Worth service with daily flights

Etihad Airways, the national airline of the United Arab Emirates, will increase frequency on the Dallas/Fort Worth– Abu Dhabi route to a daily service early next year in response to heightened demand from guests travelling between the two destinations. 

Kuwaiti envoy holds trade, investment talks with CCC

Kuwaiti Ambassador in Sri Lanka Khalaf Bu Dhhair said his country is willing to help Sri Lanka’s development plans with required investments.

Australian HC to talk at NCC trade session

High Commissioner of Australia Bryce Hutchesson will be the special guest speaker at a session on ‘Bilateral trade between Sri Lanka and Australia’ organised by the National Chamber of Commerce of Sri Lanka (NCC), on Tuesday, October 25, 2016, from 3:00 p.m. to 4:30 p.m., at the chamber auditorium, No: 450, D.R. Wijewardena Mawatha, Colombo 10.

CIM SL Student Committee to support less-privileged rural children

The Student Committee of the Chartered Institute of Marketing (CIM) Sri Lanka 2016 strongly believes in uplifting lives of people and drawing a smile on their faces. 

Chinese investors, manufacturers to visit SL

In terms of trade, China is Sri Lanka’s second largest trading partner and most significant source of imports, accounting for 20 percent of Sri Lanka’s total imports in 2015. While China accounts for just 2.9 percent of Sri Lanka’s exports, it holds great promise as an emerging export market as Sri Lankan exports to China have been growing at a faster rate than with the rest of the world. This potential for trade is bringing inc

DFCC Bank partners with Sathosa Motors to offer attractive leasing solutions

DFCC Bank signed a Memorandum of Understanding (MoU) with Sathosa Motors on 7th October 2016 at the DFCC Head office. The CEOs of the two institutions signed the MoU,

3M & wOw.lk script 3M’s e-commerce success story

E-Commerce in Sri Lanka has been growing at a fast pace in Sri lanka and one of the foremost companies driving that revolution is wOw.lk - the largest domestic e-commerce website

Blue Mountain Wins 5 Distinguished Accolades at the South Asian Business Excellence Awards 2016

Sri Lanka’s foremost real estate group, The Blue Mountain Group, has won five prestigious awards at the South Asian Partnership Summit & Business Awards hosted by World HRD Congress

Entries are NOW open for “Zero One Awards” - SLT Gives Sri Lankan Digital Enthusiasts Their Moment i

SLT Zero One Awards campaign is the first of its kind in Sri Lanka, created with the sole purpose of recognizing the initiatives of digital innovators and organizations.

Number of Lankan SMEs carrying out int’l transactions on the up

The number of Sri Lankan small and medium enterprises (SMEs) that have conducted international 

Sri Lanka’s September manufacturing expands but services slow

The official Purchasing Managers’ Index (PMI) calculated by the Central Bank showed that 

Linda appointed to Serendib Hotels board

Entrepreneur Linda Speldewinde has been appointed to the board of Serendib Hotels PLC, the hospitality 

ComBank gets nod to list debentures worth Rs.7bn

The Colombo Stock Exchange has approved in principle to list debt instruments amounting to Rs.7