Sri Lanka hosts SAARCFINANCE Coordinators’ Meeting

The Central Bank of Sri Lanka hosted the 24th SAARCFINANCE Coordinators’ Meeting at the Central Bank premises, Colombo, on September 1st. 

Rupee steady, remittances offset importer dlr demand

REUTERS: The Sri Lankan rupee traded steady yesterday as dollar sales by banks from inward remittances offset importer dollar demand, dealers said. The spot rupee was at 145.50/55 per dollar at 0715 GMT, hardly changed from Thursday’s close of 145.50/57, while one-week rupee forwards were at 145.70/75 compared to Thursday’s close of 145.75/8.  

SL revises down August inflation after calculation error: stat office

REUTERS: Sri Lanka has revised down its inflation figure for August after finding a calculation error, the country’s statistics office said yesterday.

NCE to participate at Hotel Asia exhibition  in the Maldives

The National chamber of exporters of Sri Lanka (NCE) will participate at the Hotel Asia exhibition which will be held in Male, in the Maldives from the 5th to 7st September 2016. This is the 6th successive time that the NCE participates at this Hotel Asia event.  The Hotel Asia Exhibition & Culinary Challenge is the biggest ever gathering of Hospitality Industry professionals in the Maldives, and attracts all levels of decision makers fr

Janashakthi Insurance, strategic sponsor for CIMA Business Leaders’ Summit 2016

Janashakthi Insurance PLC, a leading insurance provider in Sri Lanka, announced its partnership with the Chartered Institute of Management Accountants (CIMA) Sri Lanka as the strategic partner for the recently concluded CIMA Business Leaders’ Summit for the second consecutive year. 

Walkers Colombo Shipyard successfully builds and launches first vessel

Walkers Colombo Shipyard (Pvt) Ltd, a subsidiary of MTD Walkers PLC, has successfully completed the construction of its first vessel, a barge named ‘Seagulf 1’, to re-enter the local ship building industry. 

Dialog Mega Wasana produces most millionaires in just seven weeks

Dialog Mega Wasana, Sri Lanka’s most rewarding mobile-based lucky draw programme, produced two winners of the grand prize of Rs.10 million each within just seven weeks of its inception. With over Rs.50 million in prize money every month, Mega Wasana is the largest consumer lucky draw programme in the country and all of Dialog’s 10 million plus customers can participate and win fantastic prizes. 

Zahira College ‘Crescent Lights ’16’ sponsors make presentations

The ‘Crescent Lights 2016’ exhibition and fun fair organised by the Old Boys’ Association of Zahira College with the college authorities will be held from September 2 to 4, 2016 commencing at 2:30 p.m. each day at the college grounds. This will be the first of a series of events for the anniversary year 2016/17.

Abans launches flagship Skechers store

Abans PLC, one of the top trusted and renowned brands in Sri Lanka, has been announced as the sole distributor for a global leader in performance and lifestyle  footwear -- Skechers.

Careems presents ‘Sail’ collection

Careems, Sri Lanka’s premier jewellery makers, unveiled a new collection of ‘sailing’ inspired jewellery at the 26th edition of Facets Sri Lanka international gem and jewellery show. Since its inception in 1890, the heritage luxury jewellery brand has been synonymous with quality gemstones, superior craftsmanship and exquisite design. Careems’ Sail collection was displayed at the Facets Premier Jewellery Pavilion, which sh

‘Design Via Milano Italy’ unveiled in Colombo

‘Design Via Milano Italy’, a showroom with 14 diverse Italian brands, was unveiled in Colombo recently, developed in collaboration with the Italian developer MHF. 

Rokoz relaunched

Rokoz fashion store in Kaduwela was relaunched with added glamour and convenience. Rokoz modern fashion outlet in town exclusively fulfils the fashion needs of ladies in the ever changing world of fashion. The store is freshly opened for customers now after undergoing a facelift caused by the 

American Food promo at Keels Super

The officers of Foreign Agricultural Affairs together with Keels Super is organising an American Food Festival, which will be held from September 1 to 16, where products made in the USA will be made available at all the 57 Keels Super outlets in the country at discounted prices. 

Finance Minister and UN Secretary General meet

The UN Secretary General who is on an official tour in Sri Lanka met Finance Minister Ravi Karunanayake during his  visit to the President’s House. Pic by Sudath Silva  

John Keells Scholarship Programme holds English Day 2016

“The John Keells Scholarship Programme has opened a golden opportunity for students from rural and low economic backgrounds. I have gained better skills in writing and speaking English than before, after my completion of this course. I believe that this programme has improved my English knowledge more than enough to get through my O/L and A/L examinations easily so I’m looking forward to that,” said Thakshila Dilhara, a student

Abans engages MTI for competitive edge in HRM

The Abans group, operating across multiple sectors in Sri Lanka, has concluded another advisory assignment with MTI Consulting, this time focusing on human resource and talent optimization.   The Abans group is also one of the investment pledgers and sponsors of MTI’s ‘idea2fund’, which is also proving to be a source of entrepreneurial talent for the highly diversified and fast-growing group.

HSBC sees scope for G20 trade boost at Hangzhou Summit

Leaders of the G20 grouping of the world’s largest economies have a clear opportunity to give fresh impetus to global trade and economic growth when they meet for their annual summit, which takes place this year in Hangzhou, China. 

BreadTalk goes beachside with new outlet in Mount Lavinia

If you’re craving for delicious baked goodies then a name synonymous with all things delicious is BreadTalk. The internationally acclaimed baker and confectioner’s franchise in Sri Lanka is held by a fully-owned subsidiary of RIL Property, a diversified holding company which also develops premium offices in Colombo. 

Miss Intercontinental 2016 – Colombo Sri Lanka

Sri Lanka is set to host the Miss Intercontinental pageanton the 16th of October 2016.Having competed with over 80 countries to be the preferred destinatio

Over 2,500 jobs in the offing at EDEX Mid Year Expo 2016

Psychometric tests, Career Guidance to take centre stage with unique seminar series The EDEX Mid-Year Expo & Job Fair with 

President Sirisena Attends the Inauguration Ceremony of the 26th Annual FACETS Gem & Jewelry Exhibit

The 1st of September 2016 saw the beginning of the 26th annual FACETS Gem & Jewelry Show at the BMICH. His Excellency, President Maithripala Sirisena

Funding war for influence begins!

The United States (US) government has called tit-for-tat on the Chinese government’s promise to commit US$ 5 billion in foreign direct investments (FDIs) to Sri Lanka over the next 5 years, by 

China values SL’s economic independence: envoy

Sri Lanka should start diverting more of its exports to China, which values the economic 

Sri Lanka’s June exports, imports down; trade deficit expands

Sri Lanka’s export earnings in June fell 5.0 percent from a year ago to US $ 897 million bringing the total decline in exports during the first six months of this year to 5.8 percent to US $ 5.1 billion, the C

Govt. trying to create sustainable growth framework to stabilize economy: Malik

A top Cabinet minister yesterday admitted that much more should be done by the unity government to satisfy the expectations of the people, who are becoming impatient in the face of unfulfilled 

Top economist says FTAs undemocratic

Going into the heart of contract law and judicial processes, an economist recently pointed out that the free trade agreements (FTAs) already implemented and currently under negotiation are undemocratic 

Facets Sri Lanka kick starts

As Sri Lanka is gearing up to become the ‘sapphire capital’ of the world, the local gem and jewellery sector sparkled under fresh spotlight yesterday with the kickoff of the 26th edition of Facets Sri Lanka at 

SLKECC President emphasizes importance of attracting FDIs to Sri Lanka

The 22nd Annual General Meeting and the Interactive Session on “Opportunities for Partnerships with Korea through the Megapolis Project”, organized by the Sri Lanka – Korea Economic Co-operation 

Kanrich contributes to reduce plastic, polythene refuse at Kandy perahera

One of Sri Lanka’s fastest-growing finance companies, Kanrich Finance monitored over thousands of 

BMICH rewards outstanding staff with Quarterly Awards

Recognizing and rewarding employees through a formal recognition programme helps improve morale, productivity and has been proven as highly effective in staff engagement.