Hayleys June net profit slips 32%

Diversified conglomerate Hayleys PLC saw its June quarter (1Q17) net profit narrowing 32 percent to Rs.354.9 million or Rs.4.73 a share from a year ago due to poor performances by some of the group’s 

Supreme Court blocks bill raising rate of VAT

REUTERS: Sri Lanka’s Supreme Court has ordered Parliament to stop considering a bill to raise 

Rupee trades steady; stocks little changed

REUTERS: The Sri Lankan rupee traded steady yesterday as dollar demand by importers was offset by conversions of the U.S. currency from exporters amid concerns that price controls by the government could hurt imports, dealers said.

Three local companies on Forbes ‘Asia’s 200 Best Under a Billion 2016’

Three Sri Lankan companies have been listed in the Forbes ‘Asia’s 200 Best Under a Billion 2016’.

Piramal Glass to close down factory for Rs.3bn upgrade

Glass bottle and container manufacturer Piramal Glass Ceylon PLC, a unit of India’s Piramal Group, 

Businesses, countries vulnerable due to cybersecurity talent shortage: global study

Intel Security, in partnership with the Centre for Strategic and International Studies (CSIS), has just 

CCC calls applications for ‘Best Corporate Citizen Sustainability Award 2016’

The Ceylon Chamber of Commerce (CCC) is calling applications from corporate firms to compete in the “Best Corporate Citizen Sustainability Award 2016”, an annual competition which recognises the 

Exterminators celebrates 18th year of excellence

Sri Lanka’s pest management company, Exterminators Pvt. Ltd celebrated its 18th year of recently. 

Mastercard unveils new brand identity

Mastercard, one of the world’s most recognizable brands, unveiled the evolution of its brand identity, 

Govt., industry leaders commit to make a ‘better connected’ Sri Lanka

The first Sri Lanka National Broadband Forum, themed ‘A Better Connected Sri Lanka’ co-hosted by the Telecommunication and Digital Infrastructure Ministry and Telecommunications Regulatory 

LOLC to raise US $ 150mn via Singapore listed bonds

Lanka Orix Leasing Company (LOLC) yesterday said it would be setting up a multi-currency medium 

Start-up introduces tuk tuk advertising medium

Co-founded by three entrepreneurs from backgrounds ranging from sound engineering to business management, Angelo Portier, Charitha Rasaputra and Fazi Bin Jameel collaborate with the ever-

Colombo Port’s new warehouse to be opened today

Colombo Port has taken several steps to expand warehouse facilities. Under the first phase, Sri Lanka Ports Authority stated that warehouse CFS 01 which was constructed, is to be opened by the 

Akbar Brothers wins IFS Mind Masters Quiz 2016

The quiz team from Akbar Brothers (Pvt.) Limited emerged as the winner of a tightly contested IFS 

Top industry leaders to address Sri Lanka Human Capital Summit

Senior business leaders across the Asia Pacific region are set to address the first-ever Sri Lanka Human Capital Summit across six sessions. 

Hela Clothing joins IFC’s Trade Supplier Finance Programme

IFC, a member of the World Bank Group, has partnered with leading local apparel manufacturer Hela Clothing (Pvt.) Limited to boost trade opportunities for Sri Lanka’s apparel industry through a trade-

Canon slashes print costs launching Pixma Ink Efficient G series

Metropolitan Group, the market leader in office automation, proudly launched Canon’s next-generation original Continuous Ink Supply System (CISS) printers to the Sri Lankan market last week.

King Long Luxury Coaches partners with Mobil Lubricants

McLarens Lubricants Limited, the sole distributer for ExxonMobil Lubricants in Sri Lanka, has entered into a strategic partnership with Softlogic Automobiles as their exclusive lubricant supplier for King 

Ceylinco Life head office gets biggest solar power system in Colombo

Ceylinco Life has broken new ground in the sphere of eco-friendly operations with the installation of the biggest solar electricity system in the city of Colombo to date.

CTC reaches groundbreaking manufacturing achievements with IWS

Ceylon Tobacco Company (CTC) announced the groundbreaking results in efficiency improvement following the launch of its distinctive management system, the Integrated Work System (IWS) last 

Brandix ranked Sri Lanka’s top exporter in 2014 and 2015

The Brandix Group won a remarkable 11 awards including the Exporter of the Year awards for 2014 and 

Sala launches world’s smallest smart cube projector

The Doogee smart cube projector, an innovative, entire big screen portable media (entertainment/presentations) system, which could be used at home or for office work, was recently 

CMA Sri Lanka admitted as CAPA member

CMA Sri Lanka has been admitted as a member of the Confederation of Asian and Pacific Accountants (CAPA) on July1, the Confederation of Asian and Pacific Accountants announced.  

SLIM inaugurates Postgraduate Diploma in Marketing programme for 2016

Sri Lanka Institute of Marketing (SLIM) had the inauguration of its Postgraduate Diploma in Marketing 

IT Ministry recognizes, congratulates BitMasters

Celebrating the BitMasters’ win at Microsoft Imagine Cup World Finals 2016, the team was 

Malik and Indrajit to speak at CIMA Business Leaders Summit

The CIMA Business Leaders Summit will be held on 23 and 24 August, under the patronage of Malik 

Sri Lanka to formulate national IT brand policy and plan

Telecommunications and Digital Infrastructure Ministry Secretary Wasantha Deshapriya said that together with Telecommunication Regulatory Commission of Sri Lanka (TRCSL), they are hoping to 

Two heads better than one!

The need to improve the status of women and the promotion of women’s roles in development are no longer seen as issues of human rights or social justice. Today, investing in women is 

ComBank products for children, a win-win for account holders and bank

Twenty five years after it pioneered a savings product for minors, Commercial Bank of Ceylon 

DFCC delivers increased profitability in 1st half of FY 2016

DFCC recorded favourable growth in the first half of FY2016 ending 30th June 2016, with a consolidated profi