Top Malaysian firms on export acceleration mission to Colombo

To further promote bilateral trade between Malaysia and Sri Lanka, Malaysia External Trade 

Samson Rajarata tiles – A successful Lankan technical creation

A challenger of the properties of a traditional roofing tile, the Samson Rajarata tile can be referred to as a successful technical creation developed in Sri Lanka, thus far. These tiles are manufactured by 

Maga Engineering starts water projects valuing over Rs.8bn

Maga Engineering announced that it has commenced work on two key water supply projects: Towns 

JAT introduces Crown Paints to local market

JAT Holdings, the market leader in Sri Lanka’s furnishing and finishing industry, recently introduced 

Sri Lanka cannot be used for any deportmentary purposes: PM

Following is the edited transcript of a CNBC interview with Prime Minister Ranil Wickremesinghe, at 

Malik meets Chinese, German dignitaries attending WEDF

Colombo is hosting the World Export Development Forum (WEDF) today and tomorrow. The 

Halpé Tea bags top six honours at NCE Awards 2016

World-renowned for its distinct and flavorsome produce, Halpé Tea, a subsidiary of the U.H.E Group, 

CMYC and Sri Lanka put a pin on the world map of sailing

CMYC and Sri Lanka became the 7th largest participant in the world at the Bart’s Bash Sailing regatta held Sunday 8th September.Bart’s Bash is a global

Land Rover puts world-first intelligent seat fold technology to extreme testremotely

Land Rover has reached new heights in its new vehicle technology testing. World-renowned British adventurer and well-known Land Rover owner Bear Grylls

Blue Mountain Apartments breaks ground for ‘Lake Front – Nawala’

Blue Mountain Apartments recently held the ground-breaking ceremony to commence construction of ‘Lake Front – Nawala’, one of the latest luxury apartment complex in the company’s rapidly

Rural Economic Affairs Minister commends Nestle's contribution to the dairy industry

Minister of Rural Economic Affairs, Hon. P. Harrison,commended Nestlé’s contribution to the Sri Lankan dairy industry during a recent visit to Nestlé’s factory in Kurunegala.

Unbeaten Kanrich Finance team jubilant champions of Mercantile Cricket League Tournament

Following an unbeatable spell at the Mercantile Cricket League Tournament 2016, Kanrich Finance over came the final hurdle by beating the LB Finance team last weekend

Dulux Ambiance Miss Intercontinental to generate world wide publicity for Sri Lanka

The This October will see Sri Lanka hosting one of the most celebrated international beauty pageants in its 45th year. That is none other than the Dulux Ambiance Miss Intercontinental 2016. 

Central Bank establishes authenticity of leaked report on primary dealer

The Central Bank yesterday in a statement admitted that the report on the controversial primary dealer Perpetual Treasuries, which has been given widespread media coverage, was in fact a leaked internal document, establishing its authenticity. 

JICA loans Rs.47bn to support Sri Lanka’s development agenda

The Japan International Cooperation Agency (JICA) has taken steps to grant Sri Lanka Rs.46.6 billion (JPY 33 billion) to enable the government to maintain financial stability, continue the development agenda within the next five years and achieve its development goals.  

Tourism authorities positive over reaching 2.2mn tourist target

The country’s tourism authorities yesterday said they were extremely confident of posting probably the second best tourism performance figures of the past four decades despite escalating global safety concerns.

Local poultry sector likely to face excess demand near future: report

Sri Lanka’s poultry sector is expected to run into excess demand, given the rising income levels and inconsistent government policies with regard to supply, an equity research report pointed out.  

Two economists win Nobel for insights on setting pay and rewards

REUTERS: British-born Oliver Hart and Finland’s Bengt Holmstrom won the Nobel Economics Prize yesterday for work that addresses a host of questions from how best to reward executives to whether schools and prisons should be privately owned.

Rupee ends lower on seasonal importer dollar demand

REUTERS: The Sri Lankan rupee fell yesterday due to importer dollar demand ahead of the festival season in December, dealers said, adding the local currency would remain under pressure due to continued dollar demand from importers until year-end.

Tourism authorities positive over reaching 2.2mn tourist target

??By Chandeepa Wettasinghe The country’s tourism authorities yesterday said they were extremely 

Shares end slightly weaker; turnover touches 3-wk low

REUTERS: Sri Lankan stocks edged down yesterday, led by blue chips on profit-taking, while trading volume fell to a three-week low as investors stayed on the sidelines awaiting direction from the budget and September-quarter corporate results. The benchmark index of the Colombo Stock Exchange finished 0.3 percent weaker at 6,562.50.

Next Institute holds 3rd Colombo Supply Chain Forum

Organised by the Next Institute of Supply Chain Management (NISCM) along with a host of industry sponsors, the third Colombo Supply Chain Forum (CSCF) themed ‘Capability building for 2020’ was held recently at Cinnamon Lakeside Colombo.

SriLankan Airlines partners Trail 2016

SriLankan Airlines recently stepped forward as the official airline partner of Trail 2016 that is set to take place from October 6 to November 2.

Hire1 and WEBXPAY join hands to provide fully-fledged e-commerce solution

E-commerce has been growing rapidly in Sri Lanka with more and more businesses big and small and many a start-up and fledgling enterprises selling everything from fashion goods to electronics and more through online retailing. Today’s millennials and browse-and-buy urban consumers looking for niche brands and personalized choices increasingly prefer to shop with their smartphones than trudge to the store.

Technology-driven banking will be critical driver of future industry growth: HNB CEO

This is the fifth interview under the Mirror Business S&P SL20 Insights series where top CEOs of the companies in the S&P SL20 index are interviewed. The interview series is done in collaboration with the Colombo Stock Exchange. Following are the excerpts of an interview with Hatton National Bank MD/CEO Jonathan Alles.

Spice Producers’ TIEP scheme seminar on Oct. 13

The Spices and Allied Products Producers’ and Traders’ Association (SAPPTA), in association with the Sri Lanka Customs and Primary Industries Ministry, will hold a seminar under the theme ‘Temporary Importation for Export Processing (TIEP) scheme’ on Thursday, October 13, 2016 from 2:30 p.m. to 5:00 p.m. at the Ground Floor Auditorium of the Ceylon Chamber of Commerce, No: 50, Nawam Mawatha, Colombo 2.

Creative Solutions turns award-winning book into software platform

Creative Solutions’ completed the development of a software platform based on the award-winning and internationally-acclaimed sales strategy book “Selling to Zebras” by Jeff Koser.The new cloud-based sales application is a result of Creative Solutions’ one-year-long collaboration with the Selling to Zebras company.

hutch ties up with Sampath Bank to provide online reloads

Hutch, Sri Lanka’s fastest growing 3G network, has enhanced convenience for their customers by enabling online recharge now through Sampath Vishwa. This feature is an extension of the existing online recharge facility already available to  Hutch customers.

BMICH staff holds blood donation campaign

The Bandaranaike National Memorial Foundation held a day-long blood donation campaign at the BMICH recently, to bestow merit on three members of the Bandaranaike family. 

Microsoft advances cybersecurity investments in Asia-Pacific region

Microsoft recently launched its first combined Transparency Center and Cybersecurity Center in Singapore, serving the Asia-Pacific region.