SL’s thriving marine space to come under fresh spotlight in October

Sri Lanka’s thriving marine industry will come under fresh spotlight this year with the fifth edition of the Boat Show and Fisheries exhibition set to kick off in October.

Shares hit over 2-mth low ahead of rates decision; Brexit weighs

REUTERS: Sri Lankan shares fell for a fifth straight session to a more than two-month closing low yesterday

Rupee 1-wk forwards fall on importer dollar demand; Brexit weighs

REUTERS- Sri Lankan rupee one-week forwards fell yesterday as it faced pressure from a strengthening dollar after Britons voted to leave the European Union

State-owned Coop-City ranks third most preferred household purchase stop

State-owned ‘Coop-City becomes the third most preferred stop for household purchases amongst locals, beating 

Siddhalepa marks Poson islandwide

The Siddhalepa group was engaged in many activities to mark Poson around the country.   Placing dustbins,

Sampath Bank holds 1st ‘Pahe Sishyathwa’ seminar in Middeniya

The first of the series of seminars slated to be held under the Sampath Bank ‘Pahe Sishyathwa’ programme,

Sunquick joins hands with National Bartenders Competition 2016

The hospitality industry of Sri Lanka is getting ready to experience and enjoy the creativeness and innovations

Macktiles holds eye camp; relaunches scholarship programme

Macktiles Lanka, Sri Lanka’s premier and award-winning tile manufacturing company, recently concluded an eye camp and relaunch of its Macktiles Nanapahana scholarship programme as part of its corpora

Litro Gas co-sponsors 6th Cavalry Supercross

Litro Gas, the largest national importer and market leader of Liquefied Petroleum Gas (LPG) in Sri Lanka,

Moody’s warns of post-IMF economic fallback

Hot on the heels of Moody’s revising the outlook of Sri Lanka’s sovereign rating to ‘negative’ from ‘stable’

Dayanath resigns in less than 24-hrs after being announced Blue Diamonds Chairman

In an interesting turn of events, in less than 24 hours after being announced as the new Chairman of the beleaguered 

Rupee 1-week forwards edge up on exporter dollar sales

REUTERS:  Sri Lankan rupee one-week forwards ended firmer yesterday due to dollar selling by exporters

Central Bank expected to keep policy rates steady

REUTERS: Sri Lanka’s Central Bank is expected to keep its key interest rates steady for a fourth straight month today

Shares hit 2-mth closing low ahead of CB rates decision

REUTERS: Sri Lankan shares fell for a fourth straight session to hit a two-month closing low yesterday

Further revision to VAT amid lobbying

The government will consider goods supplied by small businesses deemed to have paid the value added tax 

Bleeding poultry industry calls for urgent govt. attention

Sri Lanka’s poultry industry that has been left to bleed will soon receive a further blow if relevant authorities continue to turn a deaf ear to their pleas for an urgent increase in chicken prices, industry stakeholders cautioned. 

RDB launches school savings centre with JMC

RDB as a State Bank has launched two specialized savings accounts named “RDB Kekulu” and “RDB Yovun” to establish the future economic stability of the Sri Lankan sons and daughters and is working on establishing the lesson of savings habit from the tender age. 

Are we merely paying lip service to greater gender inclusion in the corporate world?

It’s fashionable news - the inclusion of gender on the report card in the boardroom –from the board down to the senior management and of course down the ranks with the flow-down effect. But the actual results apparently don’t match up to the rhetoric, or so it seems. It’s good to talk gender inclusion, admit that more women need to be represented on the board etc., etc., but in reality, where are they?

CCL earns third straight top 5 ranking from Financial Times

For the third year in a row, the Centre for Creative Leadership (CCL) ranked No. 4 overall in the Financial Times worldwide survey of executive education, which was released recently. CCL also ranks No. 6 globally for Open Enrolment programmes and No. 7 for Custom programmes in the 2016 survey.

Sri Lanka and Vietnam assured close cooperation in agriculture

Governments of Sri Lanka and Vietnam agreed to establish close cooperation in agriculture, technology-related to rice and other common crops.

Sri Lanka to learn how to enhance social impact from GiveIndia

Senior Vice President of GiveIndia (www.giveindia.org) for strategy and alliances, Vikas Puthran will be in Sri Lanka in July to address some key distinguished institutions, forums and individuals in sharing insight of GiveIndia’s 15-year long journey towards alleviating poverty in India.

Australian volunteers help YBSL to expand operations

Youth Business Sri Lanka, an arm of the Ceylon Chamber, which works to develop young entrepreneurs in the country, is looking to transform and grow its engagement model with the support of two Australian volunteers.

Lankan youths’ way of thinking should be changed says Navin at National HR Conference 2016 inaugurat

Any organisation that wants to reach the peak, to be an ‘A’ grade, to be a major player, it must always motivate and upgrade its people by stimulating their minds to perform, as human resource (HR) managers/leaders have to play the primary role in doing that, said Plantation Industries Minister Navin Dissanayake.

SMEs to cash in 2016 FACETS gem show

The 26th edition of FACETS Sri Lanka, the prestigious annual international gem and jewellery show, is putting the spotlight on small and medium gem and jewellery enterprises this year with the novel introduction of a gem and jewellery mart when the exhibition opens from September 1 to 4, at the BMICH. 

WiLAT Sri Lanka plans future strategy

Women in Logistics and Transport (WiLAT) conducted a Strategic Planning Review Workshop recently at the EFL Campus. 

Plantation companies propose hybrid structure for estate worker remuneration

The regional plantation companies (RPCs) have put forward a hybrid model on the wages of plantation sector works to bridge the gap between the demands of the unions and the need for productivity improvement.

Hundred People’s Bank branches to operate exclusively on solar energy

As part of its Environmental Sustainability Programme and Green Banking drive, People’s Bank announced that one hundred of its key branches will run entirely on solar energy.  Its Nugegoda Town branch has already been fitted with solar panels and is currently up and running on solar energy on a trial basis. 

CMA Sri Lanka produces competent speakers

The CMA Sri Lanka Toastmasters Club conducted its second speech craft programmeme sponsored by the Institute of Certified Management Accountants of Sri Lanka (CMA). 

Meet Korean Ambassador at NCC

Korean Ambassador Won-sam Chang will be the special guest speaker at a session on ‘Bilateral Trade Between Sri Lanka and Korea’ organised by the National Chamber of Commerce of Sri Lanka (NCC), on Thursday, June 30, 2016, from 3:00 p.m. to 4:30 p.m., at the chamber auditorium, No: 450, D.R. Wijewardena Mawatha, Colombo 10.

Insurers cope with Sri Lanka floods, but risks increasing: Fitch

Insurance claims arising from recent flooding in Sri Lanka are likely to be manageable for most local insurers due to low retention levels, but changing weather patterns raise long-term risks, says Fitch Ratings.