‘Paththini’ movie bonanza for apparel sector employees

Sumathi Films, the producers of the popular film ‘Paththini’ entered into an agreement with the Joint Apparel Association Forum (JAAF) and Channel17 last week to provide discounted tickets to those holding Ransalu privilege membership card at all of the theatres screening this film islandwide.

Rupee steady; importer dollar demand offsets selling by foreign banks

REUTERS - The Sri Lankan rupee was little changed yesterday as dollar demand by importers offset selling of the U.S. currency by foreign banks, even as dealers expect the rupee to rise following $1.5 billion in inflows from a sovereign bond issue.

CNCI appoints Vignarajah as Special Representative for SME and Infrastructure Development

K C Vignarajah, who is a Past Chairman of the Ceylon National Chamber of Industries (CNCI), is one of the very senior advisors who is highly conversant with the Chamber Movement and enterprise development. 

Asia stocks end bright week on a high

AFP - Asian stock markets climbed for a fifth-straight session yesterday following yet another record close on Wall Street and after China released data showing the economy grew more than expected in the second quarter.

Nice attack a new strike against French tourism

AFP - In striking the jewel of the French Riviera on a national holiday the truck attack on Nice delivered a new blow to France’s tourism sector already reeling from repeated terror attacks.

A series of religious programs held to commemorate the People’s Bank 55th Anniversary

In commemoration ofthe People’s Bank 55thAnniversary, the People’s Bank Buddhist Association, Hindu Association,

99X Technology named Great Place To Work in Sri Lanka once again

In continued recognition of 99X Technology’s ‘people-first’ approach in driving corporate success, the company was adjudged

Mackwoods battle to take new twist with Agalawatte share sale

The Nonis family feud surrounding the Mackwoods group holding company, Mackwoods Securities, 

Standard Chartered Group CEO Bill Winters in town

Standard Chartered Group CEO Bill Winters currently is on an official visit to Sri Lanka. It is the first 

Hayleys Fibre to dispose 6-acre property for Rs.420mn to Alumex

Hayleys Fibre PLC, a unit of the Hayleys group, has decided to dispose of its six-acre freehold property in Ekala for a consideration of Rs.420 million to Alumex PLC, another Hayleys group 

Govt. imposes price controls on 16 essential items

In a possible interpretation of the social market economic model with which the current government came into power, the populist price controls proposed in the budget were implemented yesterday, with 

Daya Group in takeover bid on Blue Diamonds?

I n a n i n t e r e s t i n g development, the Colombo bourse was yesterday informed of the purchase of shares in Blue Diamonds Jewellery Worldwide PLC (BLUE) in excess of 10 percent by Promodya Manjaree

SL’s largest cement producer renews calls for level playing field

The country’s largest cement manufacturer Tokyo Cement Company (Lanka) PLC (TKYO) renewed 

Dancing and promoting tourism!

Sri Lanka’s Tourism Minister John Amaratunga (L) and World Tourism Organisation (UNWTO) Secretary General 

Brighten Up Your Selfie - OPPO Announces New enter -level A37

Bringing consumers superior photography and meticulous design at an incredible price, OPPO has announced

Pan Asia Bank launches ‘Target Investment Plan’

Pan Asia Bank recently launched yet another true value product called Pan Asia ‘Target Investment 

Triple honours for Etihad’s First Class at Skytrax World Airline Awards

0Etihad Airways has received three highly coveted awards for the World’s Best First Class Airline, World’s Best First Class Onboard Catering and World’s Best First Class Airline Seat for its First 

Believers in Glass gives away glass bottles for water storage

The ‘Believers in Glass’ movement, tied up with Piramal Glass Ceylon PLC, is giving away free glass bottles for water storage in vehicles. This was conducted in selected IOC petrol stations recently. The 

Shares end flat; blue chips down

REUTERS: Sri Lankan shares ended steady yesterday, after it hit a near three-week closing high in 

Theresa May – UK’s second female Prime Minister takes centre stage

She has always cultivated a careful image as the dependable woman in a room full of men and in the end, it all paid off. Theresa May could crack the whip elegantly and stylishly – strong leadership skills 

ComBank introduces ‘Over the Air PIN’ for credit, debit cards

Commercial Bank of Ceylon has introduced ‘Over the Air PIN’ (OTAP) for credit, debit/ATM cards, establishing another benchmark in technological innovation, speed and customer convenience.

The shift from social development to infrastructure

Across the world, the pendulum has swung from a focus on social development to infrastructure development. 

Bank Chief Internal Auditors appoint new Executive Committee

Chief Internal Auditors of Banks Forum is a body formed to share best practices, knowledge and to  strengthen fellowship amongst Chief Internal Auditors in banks. The membership of this forum 

Ravi K tells Credit Suisse “We Are Back in Business”

The Financialist: With 6 percent gross domestic product (GDP) growth forecast for this year, up from 4.8 percent in 2015, “Sri Lanka is on the move,” the country’s Finance Minister Ravi Karunanayake 

Brother launches latest innovation in business printing solutions

Office Network (Pvt.) Ltd (ONL), the authorised distributor for Brother office automation products in Sri 

Noritake Lanka Porcelain unveils new product range

Noritake Lanka Porcelain recently added a range of products to its portfolio by unveiling blue lotus themed, porcelain, bone china, stoneware and cutlery products.   

BOI enterprise Aussee Oats now a FSSC 22000 & GMP Certified Company

Aussee Oats Milling Plant (Pvt.) Ltd, a Board of Investment (BOI)-approved enterprise, announced that 

Rupee ends weaker on importer dollar demand

REUTERS: The Sri Lankan rupee ended slightly weaker as dollar demand by importers late in the day 

People’s Bank SMILE III empowers entrepreneurs in Sri Lanka

Small and medium-sized enterprises (SMEs) have long been a vital part of the Sri Lankan economy. 

Fintelekt-IASL Insurance Industry Awards today

Fintelekt, in association with the Insurance Association of Sri Lanka (IASL) is organising the first