Malik expresses confidence over govt.’s economic reform agenda

Development Strategies and International Trade Minister Malik Samarawickrama said he is confident that with the measures they have introduced, Sri Lanka is ready to face even the worst challenges of tomorrow and give the opportunity for businesses to have a level playing field in the global market.

Sri Lanka–Singapore Business Council holds 19th AGM

The 19th Annual General Meeting (AGM) of the Sri Lanka–Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce (CCC) was held recently at the CCC. 

Samsung unveils Galaxy Note 7; the intelligent smartphone that thinks big

Samsung India Electronics, Sri Lanka unveiled the new Galaxy Note 7 – the intelligent smartphone that thinks big, which has set a new standard for large screen devices by introducing a number of unique features for the customers.

Working towards a workforce that is fit for the future

National Human Resources Development Council of Sri Lanka Chairman Dinesh Weerakkody outlines some of the goals and objectives of the first Sri Lanka Human Capital Summit. Weerakkody asserts that the Human Capital Summit  is not just another human resource (HR) conference; it is a conference with a purpose, to create a platform to get the government, industry, trade unions and academia to work together to build a national human capital agend

Key sectors boost Sunshine Holdings June performance

Diversified Sunshine Holdings PLC saw its net profit for the June quarter (1Q17) rising as much as 27 percent year-on-year (YoY) to Rs.206.5 million, helped by better performance of its key sectors, the interim financial accounts released to the Colombo Stock Exchange showed. 

Work begins on agency to assist distressed finance companies

Sri Lanka has begun work on the proposed Financial Assets Management Agency to assist the troubled finance companies.

Leo Burnett’s Murtaza to serve on Spikes Asia jury

Leo Burnett Head of Brand Planning Murtaza A. Tajbhoy has been selected to serve on the Creative Effectiveness jury at the prestigious Spikes Asia Festival of Creativity to be held in Singapore in September. 

Janashakthi 2Q soars as general insurance biz expands after AIA deal

Sri Lanka’s third largest general insurer by gross written premiums (GWPs), Janashakthi Insurance PLC (Janashakthi) group, increased its June quarter (2Q16) net profit to Rs. 272.5 million or 50 cents a share from Rs.105.2 million recorded a year earlier, supported by strong growth in general insurance business. 

Pan Asia Bank to make your condominium dream a reality

Post-war Sri Lanka has seen a phenomenal increase in demand for medium to high-end condominium properties. 

Leema Creations staff gains foreign training exposure again

As part of Leema’s HRD programme, the staff has undergone an intense and comprehensive 14-day training programme at their manufacturing plant in Dompe. 

Etisalat Lanka offers more data at any time of the day

Etisalat with its recent revision of all its prepaid data bundles, once more takesthe lead, over all other telecom competitors, by offering customersthe best availabledeal for all-day data packages. 

Sri Lanka and Tanzania to expand business relations

Sri Lanka and Tanzania opened a new chapter in business and investment promotion between the two countries with the launch of the Sri Lanka Tanzania Investment Chamber in Dar es Salaam, Tanzania last week. 

Mercantile Investments wins all-island bronze at CMA Integrated Reporting Awards

As an organization renowned for winning awards, for producing exceptional annual reports, Mercantile Investments and Finance PLC excelled in financial reporting this year once again, becoming the joint winner of the Bronze Award (Second Runner up) at the CMA Excellence in Integrated Reporting Awards 2016, surpassing cream of corporates in the process.

Mihin Lanka flies young racers to Indonesia

Racing is a passion of all adolescent men! However there are a rare few who excel at it on the international circuit, Aaron and Jaden Gunawardena are two such young men, who started racing at a very young age and have brought pride and international accolades to their island nation.  Jaden is 14 years while Aaron Gunawardena is just 13 years old with both of them now among the Top 20 Asian riders in the region. They recently journeyed on Mih

SLIM Brand Excellence draws in largest number of entries ever recorded

Year after year SLIM Brand Excellence has continued to grow in scale and quality and as in the case of previous years, it seems as though all the hard work has paid off well. At the end of July, SLIM Brand Excellence organisers announced that there were a record-breaking number of applications entered for the awards campaign.

Siddhalepa Ayurveda ties–up with Shangri-La’s Resort & Spa

Siddhalepa the Hettigoda Group of companies announced its business partnership with Shangri – La’s Resorts and Spa in Hambanthota recently.

Rupee trades steady on state bank dollar buying

REUTERS: The Sri Lankan rupee traded steady yesterday as exporter dollar sales were offset by purchases of the U.S. currency by state-run banks, dealers said. The spot rupee was trading at 145.60/63 per dollar at 0653 GMT, hardly changed from Tuesday's close of 145.60/65.

Emirates aircraft cover 432 mn kilometres across the globe in six months

Emirates aircraft have travelled over 432 million kilometres since January 2016, the equivalent of traversing the globe more than 10,700 times. 

Travel EX Colombo with SQ 467 to earn more miles on your next trip

Singapore Airlines is committed in offering the best to their customers.With the introduction of SQ467 3 times a week, which departs at 1130am in the morning, along with the daily SQ469 services from Colombo, KrisFlyer members have even more opportunities to earn and redeem miles

Intel Security Forum sheds new light on cyber threats in a safe, connected world

Sri Lanka’s technologically-driven market today forms an integral part of the global cyberspace. Characterised by a rapidly growing economy, companies are adopting technology solutions to remain competitive as well as to boost productivity. 

SriLankan wins global recognition as an employer of choice

SriLankan Airlines underlined its position as an employer of choice among Sri Lanka’s corporate houses by winning two important accolades – HR Strategy In Line With Business and Training Excellence Award – at Asia Best Employer Brand Awards 2016 in Singapore on August 4.

For Megapolis plans, rules matter more than infrastructure : expert

Dr Reuben Abraham is the CEO of IDFC Institute, a Mumbai-based think and do tank working on the political economy of public policy and reform. He is also part of a number of influential think tanks and Institutes around the world including New York University, Legatum Institute and Council for Foreign relations. Dr Abraham spoke to Advocata Institute’s monthly podcast on the challenge of urbanization in the developing world as well as ideas

Fortinet FortiGuard Labs research helps uncover global cybercrime fraud

Fortinet, the global leader in high-performance cyber security solutions, announced that Fortinet FortiGuard Labs threat research helped uncover a global cybercrime fraud ring behind thousands of online scams.

Rupee edges up on dollar sales by exporters, foreigners

REUTERS: The Sri Lankan rupee ended slightly higher yesterday as dollar sales by exporters and foreign investors surpassed purchases by state-run banks, dealers said.

Air Costa may sell 26% stake to Qatar Airways

The Hindu Business Line: Air Costa, the Vijayawada-based airline, is in talks with Qatar Airways for an equity tie-up.

Samsung Unveils the New Galaxy Note7

The Galaxy Note7 combines advanced S Pen capabilities with ultimate security features  to help users accomplish and do more

Leo Burnett’s MurtazaTajbhoyinvited to serve on the jury at Spikes Asia

Leo Burnett’s Head of Brand Planning, Murtaza A. Tajbhoy has been selected to serve on the Creative Effectiveness jury at the prestigious Spikes Asia Festival   

DFCC Bank 2Q net up 20% over strong core banking

The DFCC Bank PLC group increased its June quarter (2Q16) net profits by 20 percent to Rs.747 million or Rs.2.82 a share from a year ago supported by stronger core banking operations, the interim 

OPPO Launches 16 MP “Selfie Expert” F1s, Brings Superb Camera Experience to More Users

The ever-evolving smartphone brand OPPO launched the F1s at a glamorous event in Mumbai today, introducing another superb device to its photography-focused F series

SL’s top three export commodities in downward spiral

Sri Lanka’s textile and garment exports, the only commodity which has been cushioning the country’s