Oman Air inaugurates new Mashhad service

A major gala dinner was recently the centrepiece of Oman Air’s celebrations of its inaugural flight between

AIA deploys 600 life guards for Poson safety programme

Last year, AIA saved 24 people from drowning by facilitating the presence of lifesavers. Out of the recorded 

Magic launches ‘Luck Ekata Stick Wenna’ promo

Magic ice cream lovers islandwide are in for a magical treat with the launch of its consumer promotion ‘Magic Luck Ekata Stick Wenna’.

It’s all about when you will be hacked: CICRA CEO

Boshan Dayaratne, Director/CEO of CICRA Holdings shared his views on the recent cyber attacks suffered

VizuaMatix -A Sri Lankan player in step with global giants in the big data game

VizuaMatix, taking the next step in their commitment to providing reliable, cost-effective data visualization

Lankan Embassy connects local gem and jewellery industry players with Russian counterparts

Embassy of Sri Lanka in the Russian Federation completed yet another successful event recently by connecting

Sarvodaya Development Finance supports Hanwella flood victims

Sarvodaya Development Finance carried out a special programme to provide kitchen appliances to those

NCC seminar on current exchange control regulation relaxation on June 14

National Chamber of Commerce (NCC) in association with the Central Bank (CB) will conduct a seminar 

SLT Mobitel together with NDDCB launch drug prevention programme

The National Mobile Service Provider, SLT Mobitel together with the National Dangerous Drug Control Board

Brandix honours Supply Chain partners at Vendor Summit

Inspired performances by supply chain partners in FY 2015-16 contributed to the best year to-date for apparel

ACCA awards Excellence College Gold Approved Learning Partner status

The Association of Chartered Certified Accountants (ACCA), the globally recognized professional finance

Interest rates on the rise mitigating demand pressures

The Central Bank has introduced a contractionary monetary policy stance recently so as to rectify the economic

ODEL launches LUV Sigiriya campaign to protect historic site

Callous visitors defile the historic Sigiriya rock with 40 sack loads of rubbish each day, an alarming fact 

Dr. Bratasanu to address SLITAD National Conference CXO Forum at Galle Face Hotel

The Galle Face Hotel announced that The SLITAD National Conference 2016, themed ‘Building World Class 

Apparel industry suppliers’ exhibition opens today

‘AISEX 2016’ opens its doors at the BMICH to bring all suppliers and service organisations under one roof.

Dialog clarifies on fixed broadband business

Further to the article titled ‘Dialog to Break into Broadband Fixed-Line Market with New Cable’ in the Mirror 

ABM records Rs.205mn PBT in FY15/16

Associated Battery Manufacturers (Ceylon) Limited (ABM) financial performance has improved significantly

Rotary District Sri Lanka donates to flood-affected communities

The Rotary District Sri Lanka heldits annual conferencerecently where over a million in funds collected as profits

Swim Week Colombo to showcase the best swimwear trends for 2017

Swim Week Colombo, presented by OLU Tropical Water, will showcase the top latest swimwear trends for the year 2017

The garbage problem

A boy walks past a garbage heap piled by the roadside in Wellampitiya area. Despite claims by the authorities

Dialog to break into broadband fixed-line market with new cable

By Chandeepa Wettasinghe Just a fortnight after commencing operations on Sri Lanka’s latest submarine cable, the country’s largest mobile telecommunications operator, Dialog Axiata PLC (Dialog),

Lankan private hospital says won’t charge VAT from dialysis bills

Amidst rising cost in healthcare and essentials due to recent tax policies that came into effect, Dr. Neville 

CIC March net up 43% over lower admin cost

The CIC Holdings PLC group increased its March quarter net profit 43 percent to Rs.229 million or Rs.2.41

FinMin says all govt. entities will be fully digitalized

By Chandeepa Wettasinghe All government departments and agencies will be fully digitalized and connected into

SL May tourist arrivals up10%; five months up 18%

Tourism arrivals to Sri Lanka in May rose 10.1 percent to 125, 044 visitors from a year ago with cumulative

Kia brings latest addition to iconic Soul range

Kia Motors (Lanka) has announced that the new Kia Soul, the Korean car marker’s inimitable compact crossover SUV, has arrived in Sri Lanka exclusively for enthusiasts who believe that a car must have a distinct character and soul.

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,