H ONE earns Microsoft ‘Gold Cloud Productivity Partner’ status

Hirdaramani IT arm, H ONE recently achieved Microsoft’s highly coveted ‘Gold Cloud Productivity Partner’

Deepthi Lokuarachchi appointed CEO of HNB Assurance and HNB General Insurance

The Board of Directors of HNB Assurance PLC (HNBA) and its fully owned subsidiary HNB General Insurance

SL should avoid mistakes done by other South Asian cities when developing Megapolis: CCC Chair

The Ceylon Chamber of Commerce (CCC) Chairman said Sri Lanka should avoid mistakes done by other

France gets G7 to discuss global regulation of medicine prices

REUTERS: France will press its G7 partners this month to launch an “irreversible” process to control the prices

Astoria grabs attention of Chinese and international investors

The first Sri Lankan mega project to be exhibited at the 2016 Beijing International Property and Investment

Samsung launches Galaxy J3, promotes responsible riding with S Bike mode

Samsung Sri Lanka today announced the launch of the Samsung Galaxy J3 featuring the S bike mode

The smiling highwayman

Many books and movies from the past feature the notorious highwayman, who would often stop travellers

Ceylinco Diabetes Centre offers discounts up to 25% this May

The Ceylinco Diabetes Centre has announced it will offer medical checks for diabetes and associated health 

Global Finance recognizes Amãna Bank as SL’s Best Islamic Financial Institution

The world renowned ‘Global Finance Magazine’ recently recognized and awarded Amãna Bank as the Best Islamic Financial Institution in Sri Lanka for the third consecutive year. 

Turkish Foreign Economic Relations Board delegation due next week

The executive members of the Turkey Sri Lanka Business Council of the Foreign Economic Relations Board

Cargills Bank appoints Prabhu Mathavan as MD/CEO

Cargills Bank has announced the appointment of Prabhu Mathavan as the new Managing Director/Chief Executive Officer with effect from 22 April 2016. 

India’s Aavishkaar supports social impact entrepreneurship in Sri Lanka with Venture Engine

Aavishkaar, an Indian impact investment firm, has partnered with Venture Engine to introduce Sri Lanka’s first Social Impact Award for entrepreneurs

Yes to VAT, no to industry-specific taxes that treat telecom like tobacco

I was asked to comment on the Sri Lanka government’s decision to extend value-added taxes to the telecom industry. Below is my response.

Sri Lanka’s first Institute of Hospitality & Banking opens today

The Swiss Institute of Hospitality & Banking opens today in Sri Lanka, with Tourism Minister Amaratunga

Leema introduces chemical pressure impregnation

As another progressive act to service customers more vigorously, furniture specialist and the largest interior 

Global Finance Recognizes Amãna Bank as Sri Lanka’s Best Islamic Financial Institution.

The world renowned ‘Global Finance Magazine’ recently recognized and awarded Amãna Bank as the Best Islamic Financial Institution in Sri Lanka for the third consecutive year

I’M AN OBSTACLE TO EVERYTHING AGAINST LAW: SLT CHAIRMAN

I can confidently say that we have done exceptionally well in the first quarter of this year (1Q16). We have

Fiscal reforms tied with IMF funding hard to achieve: Fitch

Although the US $ 1.5 billion 3-year International Monetary Fund (IMF) programme could ease Sri Lanka’s

Fiscal reforms tied with IMF funding hard to achieve: Fitch

Although the US $ 1.5 billion 3-year International Monetary Fund (IMF) programme could ease Sri Lanka’s

Laugfs’ Dubai trading arm acquires 31% of firm’s B’desh operations

The recently set up trading unit of Laugfs Gas PLC, the only private sector LP gas distributor in the country,

Rupee up on IMF loan, bond issue boost

REUTERS: The Sri Lankan rupee edged higher yesterday as a loan agreement with the International Monetary

Better late than never!

Kelsey Home Developments PLC, a Schaffter family company yesterday disclosed to the Colombo bourse

PABC March net profit up 72% to Rs.304mn

Pan Asia Banking Corporation PLC (PABC) increased its net profit for the quarter ended March 31, 2016

Nayana Mawilmada joins Megapolis

Former Urban Development Authority Director General Nayana Mawilmada has joined the Western Region Megapolis

Lubricant industry to pass tax increase impact to customers

??By Chandeepa Wettasinghe The lubricants industry will be completely passing on the effects of the value added tax

Hameedia Wins Group & Individual Retail Leadership Awards at Golden Globe Tiger Summitat Malaysia

Leading mens wear fashion retailer, Hameedia, shone in the spotlight at the Global Golden Tiger Awards heldinKuala Lumpur, Malaysia. At the prestigious summit

Acceleration of Megapolis development requires private sector involvement: Project Head

As Sri Lanka is on the lookout for ways and means to fast track its development, a senior official of the Western Megapolis Planning Project stressed the involvement of the private...

Midea acquires Toshiba home appliance business

Midea, one of world’s largest manufacturers of home appliances announced a majority acquisition of the home appliances business of Toshiba Corporation of Japan.  

Sri Lanka should implement several policies to position as regional hub: WB report

A recent World Bank report revealed that Sri Lanka’s apparel prices are higher than its competitors in all major product categories, driven at least partly by relatively high and rising labour costs.  

Judhajit Sen takes over as CEO and MD of LIC Lanka

Judhajit Sen has taken over as CEO and MD of LIC (Lanka) Ltd with effect from May 2, 2016.