BMICH offers exceptional spaces dedicated for conferences and meetings

The BMICH is synonymous as a nationally acclaimed conference and meeting centre offering organisers the most complete meeting package inclusive of state-of-the-art facilities and a highly professional staff committed to hosting successful business meetings and memorable corporate functions.

Kalutara embraces new Suzuki showroom from AMW

Associated Motorways (Private) Limited (AMW) launched the latest addition to their island-wide network of Suzuki showrooms at no.425, Galle road, Kalutara North, Kalutara, on the 19th of May. This ceremony was graced by chief guest, Yohann de Zoysa, Director-Passenger Vehicles, Brandon Morris, Director/CEO-AMW Capital Leasing PLC, and Virann de Zoysa, General Manager-Suzuki and other distinguished guests. 

Can more services trade with India benefit Sri Lanka?

At present, trade in services accounts for more than 25 percent of global trade. As the World Trade Organisation (WTO) negotiations have come to a standstill, most countries attempt to engage in more services trade via regional and bilateral free trade agreements. Sri Lanka is already a signatory to a regional trade agreement by the name South Asia Trade in Services (SATIS) that came into operation in 2010.

Could debt forgiveness be the interim solution for world’s economic malaise?

There is a growing perception that the monetary policy is losing its power to solve the world’s economic problems. This may be misleading. What is probably true is that incremental policy easing is experiencing diminishing – and, possibly, negative - returns. Therefore, central banks – and governments - may need to get even more unconventional to reverse the tide. Japan appears to be closest to the tipping point in this regard,

Healthy oceans, healthy planet: Cleaning up marine debris from natural disasters

The World Oceans Day is marked today, under the theme ‘Healthy oceans, healthy planet’; at a time Sri Lanka is striving to recover from a major natural disaster. While natural disasters cause sudden surges of ocean debris, taking tonnes of garbage from land into the ocean, it is much worse during floods, especially when populated areas adjoining the coastal belt are affected - as it did during the recent floods in Sri Lanka’s We

Samson Rubber Industries introduces ‘Triangle’ radial tyres to local market

Samson Rubber Industries (Pvt) Ltd. (DSI Tyres), the pioneers in importing and distributing tyres in Sri Lanka, took another leap recently by launching its latest radial tyre brand ‘Triangle’ to the Sri Lankan market.

Coral Holdings unveils Coral Plus luxury apartment complex

Coral Holdings unveiled its supper luxury apartment complex on Marine Drive, Colombo 4 recently at a ceremonial launch at the Global Tower, Colombo 6 under the patronage of Justice Minister Wijeyadasa Rajapakshe and Opposition Leader R. Sampanthan graced the event. 

Sunrise Engineering to power cities of Sri Lanka with “Veefil”

Sunrise Engineering signed an exclusive distributor agreement with Tritium, the Australian designer and manufacturer of the “Veefil”, the world’s most technologically-advanced rapid charger for electric vehicles. 

JAT Living provides reliable, trusted residences in premium locations

JAT Living was incorporated with a clear focus on the real estate development sector to design and build ‘homes’ and ‘residencies’ with exclusivity. Thanks to the powered backing of its parent flagship, JAT Holdings, the grand magus in furniture and finishing industry in Sri Lanka, JAT Living is poised to usher a new world of exciting projects promising to deliver upon their stringent vision to facilitate immaculate constr

Prime Lands Residencies delivers two luxury housing complexes to owners

Prime Lands Residencies, the only company to complete seven luxury apartment projects within the last two years, true to the reputation it has built for itself over 20 years, delivered two more new luxury residential facilities to the respective owners recently. 

Singer Vocational Academy empowers youth with aspirational training programmes

Strengthening links between training and business needs, Singer Vocational Academy,an arm of the Singer Group now offers vocational aspirational training programmes empowering Sri Lankan youth to enhance their potential and contribute to the country’s growth.

Altair breaks new ground with live stream from construction site

Sri Lanka’s showpiece high-rise project Altair has broken new ground in the local property development market by installing a 24-hour live stream from its construction site, enabling anyone to monitor progress.

Could debt forgiveness be the interim solution for world’s economic malaise?

There is a growing perception that the monetary policy is losing its power to solve the world’s economic problems. This may be misleading. What is probably true is that incremental policy easing is experiencing diminishing – and, possibly, negative - returns. Therefore, central banks – and governments - may need to get even more unconventional to reverse the tide. Japan appears to be closest to the tipping point in this regard,

ComBank begins new series of entrepreneurship programmes for women

The Commercial Bank of Ceylon recently conducted the first of a series of entrepreneur development programmes exclusively for women, in recognition of their importance to the national economy. The programme conducted in Matara in collaboration with the National Enterprises Development Authority (NEDA) was attended by more than 100 women entrepreneurs who are involved in micro, small and medium scale business activities in the Southern region.

Suzuki launches SHVS technology in Sri Lanka with CiazHybrid

Associated Motorways Private Limited (AMW) recently unveiled the diesel hybrid version of their new sedan, Ciaz,to a packed audience consisting of their loyal customers, enthusiasts, and well-wishers. Announcing the arrival of the new version, named SHVS or Smart Hybrid Vehicle by Suzuki,AMW, the sole distributor in Sri Lanka for Suzuki passenger vehicles, added that the addition of a hybrid to the Suzuki range signalled a shift to the latest tec

Ceylon cinnamon – How it can change lives in Sri Lanka

The branding of Pure Ceylon cinnamon and promoting it in global markets was a masterstroke in giving the spice the pride of place it deserves, alongside another celebrated Pure Ceylon-branded and globally famous product - tea. Apart from clearly distinguishing the superiority of Ceylon cinnamon in export markets, the branding has helped shine the spotlight on the industry and its implications for local stakeholders. 

MAS working to build capacity for apparel industry

A Memorandum of Understanding was signed between MAS Holdings and the University of Peradeniya recently, signalling another milestone in MAS’s strategy of working with universities and academic institutions across Sri Lanka. 

ECTA and FTAs alone cannot attract investors

Businessman and national list MP Malik Samarawickrama - a minister in the current government who is spearheading the free trade arrangements (FTA) with India, China and now Singapore, stated that all the FTAs in the pipeline would give investors access to three billion people. Sounds very impressive on paper, but as we all know very little work is happening at ground level to get the country ready for such an explosion in trade and investment.

QATAR AIRWAYS ENTERS INTO NEW CODESHARE AGREEMENT WITH SRILANKAN AIRLINES

DOHA, Qatar – Qatar Airways and SriLankan Airlines, both members of the oneworld alliance, have strengthened their cooperation with a bilateral code-share relationship.

SLIM NASCO 2016 to look for the 'Best of the Best'

It's NASCO time again. The Sri Lanka Institute of Marketing (SLIM) has just started the process for the National Sales Congress (NASCO) 2016

SolTrim International Pledges Commitment to Sustainability on World Environment Day

SolTrim International (Pvt) Ltd – a leading Sri Lankan apparel brand identification and packaging products provider, marked World Environment Day

After the devastation

Smoke rises from the devastated Salawa military complex yesterday, a day after an ammunition depot caught

FinMin banks on good governance to boost FDI

Investments could end up at a record high t h i s y e a r , following the takeover of good governance a n d t r a n s p a r

Cargills March net up 39% over stronger top line and lower costs

Cargills Ceylon PLC, Sri Lanka’s largest privately-owned retail chain, increased its March quarter net profit

Qatar Airways enters into new codeshare agreement with SriLankan

Qatar Airways (QR) and SriLankan Airlines (UL), both members of the oneworld alliance, have strengthened

Shares end steady; rising interest rates weigh

REUTERS: Sri Lankan shares ended steady yesterday as concerns over rising interest rates and foreign

Sampath Bank Rs.6bn debenture issue snapped up

Sampath Bank PLC said its Rs.6 billion debenture issue, which opened yesterday, was oversubscribed. “Therefore

CIC invests Rs.2bn in agri projects

Diversified agro-chemical conglomerate CIC Holdings PLC has invested Rs.2 billion in new agricultural 

Citrus Leisure records strong March quarter

Citrus Leisure PLC (REEF) has returned to profitability, posting a net profit of Rs.255.41 million for the fourth 

Hikkaduwa Beach scraps plans to use IPO proceeds for water sports

Half of the funds raised through the initial public offering (IPO) of Hikkaduwa Beach Resort PLC, amounting