SLEA’s Sri Lanka Economic Journal, Vol. 13, No. 2

The Sri Lanka Economic Association (SLEA) released the latest issue of its flagship publication Sri Lanka Economic Journal (SLEJ) at a public forum held at the Economics Department of the University of Colombo on June 21. The SLEJ has evolved over the years as a leading scholarly journal dedicated to economics and allied fields. 

MTI commended for contribution to Bahrain

Bahrain’s Minister for Electricity and Water Affairs Minister Dr. Abdulhussain Mirza received MTI Consulting Chief Executive Officer Hilmy Cader and discussed the company’s contribution in the field of consultancy and working on the development of management systems.

Nestlé hosts zonal Food Conference for Out-of-Home business in Sri Lanka

Nestlé Professional, Nestlé’s Out-of-Home business that provides culinary and beverage solutions to the restaurant and food service industries, is hosting its 2016 zonal Food Conference for Asia, Oceania and Africa in Sri Lanka this week. 

One-week rupee forwards down on importer dollar demand

Sri Lankan one-week rupee forwards fell yesterday due to importer dollar demand a day after Moody’s revised down its outlook on the country’s sovereign rating, dealers said. 

Malik meets Korea’s Vice Minister and biz team

Kim Kyung Hwan, Vice Minister of Korea’s Ministry of lands, Infrastructure and Transport visited SriLanka this week.

Second Colombo International Maritime Conference kick-starts in September

For the second consecutive year during the “Sri Lanka Maritime Week” in September, the Colombo International Maritime Conference better known as CIMC will be held from 21st to 23rd September in Colombo. 

Exporters hail fish ban removal; commend govt.

 The Exporters Association of Sri Lanka (EASL), an affiliated trade organization of the Ceylon Chamber of Commerce yesterday welcomed the lifting of the EU ban imposed on the export of Sri Lanka fisheries products to the EU market.

Saving democracies from central bankers and finocracies

Adam Smith in his ‘Wealth of Nations’ said this on monopolies (Page 450):  “This monopoly has so much increased the number of some particular tribes of them that, like an overgrown standing army, they have become formidable to the government, and upon many occasions intimidate the legislature. The Member of Parliament who supports every proposal for strengthening this monopoly is sure to acquire not only the reputation of u

Ceylon Chamber lines up top panel to discuss PPPs

‘Sri Lanka Economic Summit 2016,’ organized by the Ceylon Chamber of Commerce has lined up a top panel of experts from both the public and the private sector to discuss opportunities existing for Public Private Partnerships (PPPs) in the country.

Union Assurance introduces ‘Union Smart Health’

Union Assurance in its efforts to revolutionize the Sri Lankan insurance industry by continuously bringing forth innovative and creative solutions has introduced a unique cover that provides protection for the entire family. ‘Union Smart Health’ is a policy that provides coverage for the policyholder as well as all his dependents, a unique proposition in Sri Lanka. Union Smart Health functions as a rider cover to use as an add-on to t

Will Sri Lankan chicken ever cross the road to export market?

One has to admit that Sri Lanka’s chicken growers aren’t spring chicken at all. Within a single generation, they have made chicken the most readily available and economical source of non-plant protein in Sri Lanka, whereas it used to be considered a rare delicacy reserved for special occasions, just a few decades ago. 

MyDeal.lk new location marks another stride in expansion

One of Sri Lanka’s pioneering e-commerce companies MyDeal.lk recently moved to a new showroom marking yet another stride in an illustrious expansion drive. 

Eleven Sri Lankan designers to show at Swim Week Colombo 2017

Swim Week Colombo 2017, presented by OLU Tropical Water, will showcase the latest swimwear collections of eleven progressive Sri Lankan designers. 

EMP partners Construct Exhibition 2016 as platinum sponsor

Electro Metal Pressings (EMP), a leading company in the engineering construction industry, recently extended 

‘People’s Bank Foreign Currency Gold Fortune 2016’ Gifts 22 Carat Sovereign Gold Coins for Inward Re

People’s Bank Foreign Currency Gold Fortune 2016,a unique promotion for those living and working abroad who use People’s Instant Remit

CNCI, Ind-Expo organise seminar on ISO 9001: 2015

The Ceylon National Chamber of Industries (CNCI), the pioneering industry chamber in the country, together with Ind-Expo has planned to conduct a full-day seminar on the 2015 version of ISO 9001.   Ind-Expo Director General Shantha Kuruppumullage said that the 2008 edition of ISO 9001 has now been replaced with the 2015 version. Since it has been revised to meet the needs of today’s business world, this seminar is very important for an

Deloitte wins two inaugural CFO Readers’ Choice Awards

CFO Magazine readers have selected Deloitte as its favorite “Accounting Firm” among the Big 4 and favorite “Management Consulting Firms” in CFO Publishing’s inaugural Readers’ Choice Awards. Editors initially selected companies for inclusion based on extensive, independent, editorial research, which weighed such factors as market share, reported user base, public recognition by technology research firms, and ot

PLC holds 20th anniversary celebrations island wide

People’s Leasing & Finance PLC celebrated its 20th anniversary with a string of activities in Colombo Head Office and island wide branch network.  

‘John Keells X’ open innovation challenge registration now open

“John Keells X” is a four-month open innovation challenge organized by John Keells Holdings PLC (JKH), aimed at galvanising the creative and intellectual talent of the public, in a competition format.  This challenge is open to any individual or team that wishes to present world-class disruptive innovative ideas and will stand the chance of winning up to Rs. 3 million in prize money and potentially further funding for commercial

Daya Gamage to feature at next NCC ‘Meet the Minister’

Primary Industries Minister Daya Gamage will grace the National Chamber of Commerce (NCC) on ‘Meet the Minister’ programme for an interactive session with the business community on June 23, from 3:00 p.m. to 4:30 p.m., at the chamber auditorium, Colombo 10.

Brandix felicitated on World Blood Donor Day

In recognition of the valuable contribution of Brandix, which has been the largest donor of blood in the private sector for the past six years, the National Blood Transfusion Service (NBTS) awarded the company an ‘Honorary Memento’ at a ceremony to mark World Blood Donor Day on the 14th of June.Employees of Brandix donated 3,448 units of blood in 2015 alone.   

ComBank hosts customers and partners at two events in Kuwait

Commercial Bank of Ceylon recently hosted Sri Lankans working in Kuwait at two events held in the state in connection with the bank’s services for expatriate Sri Lankans.

Channa Wijesekara gets top post at Industries Ministry

Ministry of Industries & commerce has appointed Channa Wijesekara as the Chairman of the Advisory Council on Wood & Wood based Industries recently. He is currently the President of Wood & Wood Based Industrialists Association in Sri Lanka.

Pan Asia Bank offers 8% for savings accounts

Pan Asia Bank offers the highest interest rate of 8 percent (AER 8.33 percent) for savings deposits through its flagship savings product ‘Champion Saver’. 

CMA treats children of Mallika Home on Founder’s Day

It has been said that there can be no keener revelation of a society’s soul than the way in which it treats its children. 

SL - German Training Institute to be opened in Kilinochchi next month

The establishment of the Sri Lanka-German Training Institute (SLGTI), a landmark project initiated by German Development Cooperation (GIZ) in partnership with the Government of Sri Lanka, was announced at a press conference attended by Mahinda Samarasinghe, Minister of Skills Development and Vocational Training and Dr.Juergen Morhard, Ambassador of the Federal Republic of Germany to Sri Lanka and the Maldives. 

AIA Sri Lanka cleans beach to ‘Go Green’ in 2016

As the world commemorated ‘World Oceans Day’ on June 8, employees of AIA Sri Lanka joined the global celebration to make the planet a better place by cleaning up Calido Beach in Kalutara.   A large number of employees of AIA volunteered to team up and clean the strip of Calido beach that runs between Kalu Ganga and the Indian Ocean.  The area is known for its sensitive ecosystem facing challenges such as natural erosion comb

CMEC helps build homes for flood-affected in Puttalam

China Machinery Engineering Corporation (CMEC) donated building materials to the value of over Rs. 1 million to those affected by floods in the Puttalam area.  

‘Project Saubhagya’ empowers rural women through entrepreneurship

A longstanding symbol of women’s empowerment in rural areas, Unilever Sri Lanka’s Project Saubhagya awarded its top performers at the Annual Diriya Pranama Awards held recently at the Cinnamon Lakeside. The awards celebrate the top 100 entrepreneurs of Unilever’s Saubhagya Channel across the island. 

HDFC Bank helps uplift Small and Medium Enterprises

A financial literacy programme for small and medium scale entrepreneurs was conducted by the Horana branch of HDFC Bank at Bulathsinghala Divisional Secretariat auditorium recently, with the assistance of the Regional Development Department of the Central Bank of Sri Lanka.