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 

Softlogic Retail launches Softlogic Prizm smart TV collection

Softlogic Retail (Pvt.) Ltd launched ‘Softlogic Prizm TV’, the company’s own brand of smart TV collection, at Waters Edge recently.  

E-government for efficiency, effectiveness and transparency

Today we all live in a highly sophisticated world where most of us tend to believe that we could not survive without technology and electronic devices any longer. Consequently, the new generation tends 

A Chinese delegation to visit Sri Lanka to make B2B contacts

A 16-member business delegation from China organised by Beijing Lansing Century Exhibition Company in association with Lanka Exhibition & Conference Services will be visiting Sri Lanka on July 

Sri Lanka-built race car flies to Silverstone with Emirates SkyCargo

When Emirates flight EK651 took to the skies from Bandaranaike International Airport (BIA) on 

SriLankan Airlines goes ‘Wild for Life!’

SriLankan Airlines recently launched a number of significant initiatives at Bandaranaike International Airport aimed at enhancing its wide ranging efforts at environmental conservation on the theme of 

Oman Air implements fuel efficiency software from OpenAirlines

Oman Air has selected OpenAirlines - Skybreathe to provide its cloud-based fuel efficiency software solution. The solution will provide both predictive and post-flight analysis by fusing a combination of 

Consumer Finance and Retail Giant Singer launches credit card

Singer, with a long and rich history in Sri Lanka and present in virtually every home in this country, is set to formally launch its Singer

RANGE ROVER EVOQUE HITS FIVE YEARS OF UK PRODUCTION

The world’s most recognisable and luxurious compact SUV, the Range Rover Evoque, reached a historic milestone today  

SL’s prosperity, security and economic success intertwined with US: Biswal

The experts of the United States (US) were working with the Sri Lankan government to help it become a financial services hub, improve environment for foreign investments and to seek solutions 

Mackwoods majority shareholders uphold appointment of new directors

The majority shareholders representing 60 percent of the shares of Mackwoods Securities yesterday in a statement

Govt. to set up consultancy firm with Singapore’s Surbana

The Cabinet nod has been granted to set up a state-owned consultancy company with the assistance of Singapore’s

May floods could threaten small insurers’ capital levels: Fitch

Higher flood-related claims could affect some of the lower capitalised insurers and the situation could be further threatened 

Browns group divests interests in hydropower biz in Rs.519mn deal

Sri Lanka’s Browns group yesterday cut its exposure to mini hydropower sector by divesting the 

UNWTO foreign attendees assure to boost trade, investment inflows to Sri Lanka

The United Nations World Tourism Organisation (UNWTO) conference, which saw international 

Korea extends US $ 300mn development loans to SL

A framework arrangement enabling Sri Lanka to obtain soft loans from the Korean government up to US $ 300 million till 2018 was signed recently. This framework arrangement is based on the 

Saudi reform drive confronts jobs challenge

AFP- The National Transformation Programme (NTP), which sets five-year targets for implementing the Vision, calls for Saudi unemployment to be cut from 11.6 percent to nine percent by 2020. 

Arpico supermarkets now accept water bill payments

Arpico Supercentres, Daily Supermarkets and Arpico Showrooms island-wide are now geared to accept their customers’ water bill payments from 1st June onwards.  This is in line with their continuous efforts in redefining the lifestyle services offered within the Arpico Brand space.

Nespray launches Hi-Calcium milk drink in Sri Lanka

In line with its commitment to provide products that enhance Sri Lankan consumers’ lives with Nutrition, Health and Wellness, Nestlé has launched ‘NesprayFortiGrow’, a Hi-Calcium milk drink designed to support the nutritional needs of school-aged children. 

JAT Holdings among GPTW best 25 workplaces in Sri Lanka

JAT Holdings, one of the top strongest conglomerate brands in Sri Lanka, was recognised as one of the Top 25 companies to work for in the country by the prestigious Great Place to Work (GPTW) Institute, the global management research and advisory firm. 

Prime Lands Group triumphs Gold as a great place to work in 2016

Prime Lands Group (Pvt.) Ltd yet again been recognized as one of the ‘Great Places to Work in 2016’ in Sri Lanka. 

No nationalization of SAITM, says management

Dispelling media reports, the South Asian Institute of Technology and Medicine (SAITM) management in a statement said it had not received any intimation from the government of a possible nationalisation of the institution. 

KPMG-NHRDC hold board governance workshop for SOEs

KPMG Chartered Accountants partnered with the National Human Resources Development Council of Sri Lanka (NHRDC) to conduct a workshop on board governance for all the state-owned enterprises (SOEs) under the purview of the Public Enterprise Development Ministry. 

Dambulla to go into high gear with Assetline Leasing Carnival

Assetline Leasing Carnival 2016, an extravaganza featuring the wide range of innovative products of Assetline Leasing Company Limited and a host of community service activities takes place on 14, 15 and 16 July at Gam Uda Grounds, Dambulla.