Koala to unveil new range at Hotel Show 2016

Sri Lanka’s annual Hotel Show is a unique platform organised to showcase the newest products and technologies in the hospitality sector. Koala (Pvt.) Ltd, recognised for its comprehensive portfolio of 

Tourism industry will be regulated giving more emphasis to pvt. sector: Paddy

Giving a positive outlook for the future of Sri Lanka’s tourism, SLTDA Chairman Paddy Withana recently said that they were looking forward to bring in more regulations to standardise many aspects of the 

Xeleration enabling local startups to go global

Xeleration a SLASSCOM initiative supported by ICTA, Lanka Angel Network (LAN), ReadMe, Mediawire 

Ten tips for successful long-term investor

While it may be true that in the stock market there is no rule without an exception, there are some principles that are tough to dispute. Let’s review 10 general principles to help investors get a better 

Siddhalepa adds glamour to Ayurveda Expo 2016

Ayurveda Expo 2016 exhibition, which is organised by the National Chamber of Commerce annually, was held at the BMICH from July 8 to 10. The Siddhalepa exhibition stand was judged the first runner-up in the Best Exhibiter Stand competition. The stall was visited by locals and foreigners with a lot of enthusiasm to witness the achievements by the leader of Ayurveda.

CA Sri Lanka awards scholarships to 150 outstanding students

A total of 150 outstanding students, including the top achievers at the 2015 GCE Advanced Level Examination were awarded scholarships from the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) for them to embark on a journey to be globally sought-after chartered accountants. 

AIA in partnership with doctors to bring healthy living

Creating awareness about the importance of healthy living is a priority at AIA Sri Lanka and bringing this to life in a meaningful way, the insurer signed a Memorandum of Understanding (MOU) with the Government Medical Officers’ Association (GMOA) recently to roll out an array of benefits for both partners.  The partnership opens the door for AIA to add greater value to its ‘Healthy Living’ 

Shares end at over 3-week closing high in thin trade

Reuters: Sri Lankan shares ended higher yesterday at a more than three-week closing high, with heavyweights such as Ceylon Tobacco Company Plc and John Keells Holdings Plc helping the index gain.

IASL conducts skill development workshop for Sabaragamuwa University undergraduates

The Insurance Association of Sri Lanka (IASL) organised a residential Skill Development workshop for banking and insurance degree undergraduates of the Sabaragamuwa University of Sri Lanka recently.

SLIM participates in Future Minds Exhibition 2016

Being the national body for marketing in the country, Sri Lanka Institute of Marketing (SLIM) participated at the recently held Future Minds Exhibition, as the silver sponsor for the fourth consecutive year. 

Nations Toastmasters Club wins prestigious accolades at Ovation 2016

Nations Toastmasters, the official Toastmasters Club of Nations Trust Bank, was feted with the prestigious Golden Gavel Plus award, at the annual Toastmasters Ovation in Chennai, India recently. This global recognition of Nations Toastmasters is yet another milestone in the bank’s drive towards human capital development.

Oil prices down on resurgent supply glut worries

AFP - Oil tumbled in Asia yesterday, bucking an equities rally as worries over a supply glut and weak demand returned, with some analysts forecasting crude prices could fall to  $40 a barrel.

Water resources planning key for sustainable climate adaptation in SA: experts

An international conference on climate change and water resources management has concluded that urgent action is needed to ensure South Asia is better prepared to address future climate conditions, including anticipated extremes of flooding and drought.

Pvt. sector financing opportunities for clean energy projects in Sri Lanka

Sri Lanka – Canada Business Council of the Ceylon Chamber of Commerce in keeping with its unwavering commitment to the membership and the community organized an interactive session recently with the participation of IFC, a member of the World Bank Group and the IFC-Canada Climate Change Program and the Government of Canada to help Sri Lankan private sector companies grow and develop their businesses by using clean and green renewable energy

‘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