Janashakthi continues to support Lankan exporters at NCE Awards

Janashakthi Insurance PLC partnered with the National Chamber of Exporters (NCE) for the recently concluded NCE Awards at the Hilton Colombo. This is the 24th consecutive year the awards have been held.

Rupee steady; importer dollar demand offsets exporter sales

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

Benetti Asia GM discusses investment opportunities

The General Manager of Benetti-Asia from Italy, Nizar Tagi, met  Minister of Development Strategies and International Trade Malik Samarawickrama recently to discuss  investment  opportunities  on  marina  infrastructure  yacht building  and  potential  areas  to  extend  assistance  in  Sri Lanka. 

Shares fall for 5th day; John Keells down

REUTERS: Sri Lankan shares closed lower for a fifth straight session yesterday, led by conglomerate John Keells Holdings, as investors stayed on the sidelines ahead of corporate results and seeking cues on the economy from the federal budget next month.

WUSC organises transformational business seminars

The World University Service Canada (WUSC) in collaboration with national level organisations has organised a series of evening seminars from October 17 to 20 in Colombo on the 19 qualities of a transformational company and on the virtuous circle business model. 

China to sign some US$24 bn in loans to Bangladesh as Xi visits

REUTERS: China is set to sign off on loans worth over US$ 24 billion to Bangladesh during President Xi Jinping’s visit yesterday, Dhaka’s biggest foreign credit line to date that will help it build power plants, a seaport and railways.

Mother Sri Lanka launches ‘How to select a university for my child?’ Future Forum

Mother Sri Lanka is a movement that has always worked on guiding the future generation of Sri Lankans to become better individuals who can contribute to the development of this country.  Today’s students who are just entering into O/L and A/L streams and their parents are finding it extremely difficult to decide on the correct higher education path due to lack of information in terms of new trends as well as an overload of information

Talks to boost Sri Lanka-Hungary trade ties

Minister of Foreign Affairs and Trade of Hungary Peter Szijjarto visited Sri Lanka to participate in the World Export Development Forum 2016 in Colombo. He met Minister of Development Strategies and International Trade Malik Samarawickrama and held discussions on bilateral trade and investment  opportunities  between Hungary and Sri Lanka.

Germany to help Sri Lanka achieve development goals

The Government of Germany will extend its full cooperation to Sri Lankan government in its endeavours to achieve the set development goals under good governance, Ambassador of Germany to Sri Lanka Juergen Morhard said.

Asia stocks up after China data, Bangkok soars

AFP - Asian and European markets climbed yesterday following news Chinese factory gate prices increased for the first time in more than four years, while the death of Thailand’s king sparked bargain-buying after suffering a sell-off in his final days.

Beijing to merge chemicals giants: Bloomberg

AFP - Beijing is planning a mega-merger of chemicals giants Sinochem and China National Chemical Corp. in a massive deal that would reshape the chemicals industry, Bloomberg News reported yesterday. 

Three pioneer hospitality institutions celebrate World Children’s’ Day

In celebration of the World Children’s’ Day, Sri Lankan Cares, the charitable arm of SriLankan Airlines, South Asia’s Grand Dame’s Galle Face Hotel and the pioneers in the transport world in Sri Lanka, Ebert Silva, joined hands for the second year to make children their main focus, under the theme ‘In remembrance of you’.

Cinnamon brings global music celebrities to inspire Lankan music industry

Apache Indian, the popular English Asian Ragga star known for cross-cultural musical fusion, will perform at Dulux Ambiance Miss Intercontinental 2016 conceptualized by Cinnamon Hotels & Resorts and powered by EGB and Litro Gas Lanka, while Grammy nominated producer Jim Beanz will feature as a member of an esteemed panel that will mark the pageant’s 45th anniversary and will be held tomorrow, at Stein Studios, Ratmalana.

St. Joseph’s College Prefects’ Day concludes on high note

With the participation of 150 prefects from many schools islandwide, the Annual Prefects’ Day of St. Joseph’s College, Colombo 10 concluded on a successful note. Titled ‘Aberrance 2016’, this glamorous event was organised by the 2015/2016 Prefects’ Body of St. Joseph’s College.    

West Indies ‘A’ team enjoys SriLankan hospitality again

The West Indies ‘A’ team once again travelled to Sri Lanka aboard SriLankan Airlines’ flight UL 504 from London to Colombo recently, enjoying the famed caring and warm service in the Business Class cabin.

Paranthan Chemicals creates better hand hygiene in Sri Lanka

The Global Handwashing Day (GHD) is celebrated on October 15 in view of raising awareness on the importance of handwashing with soap and cultivating this as a habit which leads to disease prevention and reduction of childhood mortality related to respiratory and diarrheal diseases.

SriLankan, GFH, Ebert Silva Holidays make dreams come true on Children’s Day

Forty children whose parents sacrificed their lives for the nation or became disabled while they were members of the armed forces, were given a very special World Children’s Day indeed, as three pioneering organisations in Sri Lanka’s travel and tourism industry joined hands once again in a unique corporate social responsibility effort.

Aviratére revamps and relaunches India’s Bangalore outlet

Aviraté, an international lifestyle fashion brand owned by Timex & Fergasam Group, recently revamped and relaunched one of its stores in Phoenix Market City, Bangalore, India. The company has 19 retail outlets in India of which four are exclusive. 

DSI Introduces Aurelia to Sri Lanka

D. Samson & Sons (Pvt) Ltd recently celebrated the opening of a traditional ethnic wear brand ‘Aurelia’ to the Sri Lankan market.  The flagship store is located at 318, Galle Road

People’s Bank Foreign Remittance Gold Fortune 2016’ rewards 15 upto date

People’s Bank Foreign Remittance Gold Fortune 2016 promotion recently saw the completion of its 15th week draw announcing the winner of the week.

Sri Lanka affirms commitment to ‘SheTrades’

Sri Lanka yesterday affirmed its commitment to ‘SheTrades’ call to action, pledging to contribute to 

Perpetual Treasuries 14-month profit exceeds Rs.10bn: leaked CB report

Perpetual Treasuries Limited (PTL), the controversial primary dealer connected to the family of former 

Chinese Vice Minister urges WTO members to improve trade facilitation agreement

China affirmed its commitment to helping its regional peers to reach their full growth potential, but 

Hanjin Shipping puts Asia-U.S. shipping network up for sale

REUTERS: South Korea’s Hanjin Shipping Co Ltd is selling major businesses, including its Asia to 

China pledges investments exceeding US$ 10 bn to Sri Lanka over next 3 years

China has pledged over US$ 10 billion in investments to Sri Lanka over the next 3 years in addition to 

FinMin’s social media account hacked

Finance Minister Ravi Karunanayake yesterday distanced himself from two fake social media 

Shares close below key level of 6,500

REUTERS:  Sri Lankan shares closed below a key psychological level of 6,500 yesterday in thin 

Sala joins ‘Infotel–2016’ conference as Silver sponsor

Organized by the Federation of Information Technology Industry Sri Lanka (FITIS),’Infotel–2016’, 

Just In Time launches ‘Today a Reader – Tomorrow a Leader’ CSR initiative

Working to create a better future every day for Sri Lanka’s children and youth is a cause Just In Time 

Retailer’s Association and Ceylon Chamber sign MoU

The Sri Lanka Retailer’s Association (SLRA) entered into a Memorandum of Understanding (MoU)