Sri Lanka tourism running strong

Tourist arrivals to Sri Lanka have shown a fourfold increase in comparison to the tourist arrival figure of 438,475 for the calendar year 2008. With the ending of hostilities in mid-2009, the country has shown a sharp increase in the 

Foreign investor participants show interest in key sectors of Lankan economy

Foreign investors taking part in the upcoming ‘Sri Lanka Investment & Business Conclave 2016’ has shown a keen interest to explore diverse areas of business in the country, with the biggest interest going to the areas of infrastructure development, export manufacturing and agriculture.

Wildlife Conservation and Land Rover : We Care

Land Rover isproud to announcetheirinvolvement in Wildlife Conservation through the “We Care” programme whichaims to partner with on-going projectsthathelps to reduce Human - Animal conflict in Sri Lanka.

SLTourism Promotion Bureau Appoints Ms. Ruvini Bandaranayake as the New MD

Sri Lanka Tourism Promotion Bureau (SLTPB), nation’s catalyst for Tourism Promotion announced that they have appointed Ms. Ruvini Dias Bandaranayake as the New Managing Director.

It is time for South Asia to give to other regions: Prof. Mahadevan

As Asia continues to play an active role in leading global economic growth, world-renowned speaker Prof. B. Mahadevan said it is time for the region to invest in showcasing...

Saudi and Russia agree to freeze oil output

REUTERS: Top oil exporters Russia and Saudi Arabia agreed yesterday to freeze output levels but said the deal was contingent on other producers joining...

PM hints at taxing capital

The government yesterday hinted at moving towards taxing capital, reversing its current tax policy approach of serving all—both super rich, rich and poor—with more or less with the same spoon.  

New Managing Director at SLTPB

Sri Lanka Tourism Promotion Bureau (SLTPB) yesterday announced the appointment of Ruvini Dias Bandaranayake as its new Managing Director. 

Softlogic 3Q net up 90% over retail, healthcare & financial services performance

The diversified retailer, Softlogic Holdings PLC group (SHL) increased its net profit by as much as 90.4 percent to Rs.341.1 million for the quarter ended December 31, 2015 (3Q16)...

SLPA calls for EOIs for East Container Terminal

Sri Lanka Ports Authority (SLPA) has decided to call expression of interests (EOIs) for the development of the East Container Terminal (ETC)...

CSE to introduce risk-based capital adequacy requirement for stockbroker firms

The Colombo Stock Exchange (CSE) is in the process of implementing a risk-based capital adequacy requirement to all stockbroker firms which are members/trading members of the CSE and licensed by the Securities and Exchange Commission of Sri Lanka (SEC). 

CIM Sri Lanka partners with Sampath Bank

The Chartered Institute of Marketing Sri Lanka (CIM SL) entered into a strategic partnership with Sampath Bank PLC, one of the leading banks in Sri Lanka, in order to further strengthen the knowledge and expertise of marketing.

IWW Steel stall receives overwhelming visitor response at Jaffna fair

IWW Steel, a leading steel bars manufacturing company in Sri Lanka participated in the seventh Jaffna International Trade Fair. The company’s stall at the trade fair was much admired by the visitors.   

Alpha Fire Services launches new water mist technology to combat kitchen fires

Alpha Fire Services (Pvt) Ltd Sri Lanka will showcase the Proano Kitchen Water Mist Fire Suppression Systems, which are rapid and effective on kitchen (F/K class) of fires, at the forthcoming ‘Architect Exhibition’ to be held at BMICH from 18th to 21st February.  

Impressions Labels Lanka receives ‘WasteConscious’ certification

Impressions Labels Lanka (Pvt) Ltd, one of Sri Lanka’s leading label manufacturers and the first in the industry to receive ‘CarbonConscious’ certification for their flagship factory in  Homagama, reinstated their commitment to sustainability as the same factory was recently awarded ‘WasteConscious’ certification for its operations.   

SLIM inaugurates Postgraduate Diploma in Marketing June 2016 intake

The Postgraduate Diploma in Marketing (PGDipM) is recognized as a renowned professional qualification for marketing in Sri Lanka. The programme was ceremonially inaugurated by Sri Lanka Institute of Marketing (SLIM) recently at the SLIM Business School in Colombo.   

CIM educates corporates on how marketing adds value to organisations

The Chartered Institute of Marketing Sri Lanka (CIM SL) conducted a programme to create awareness among the managerial and executive staff of People’s Bank, about the marketing qualification and how it adds value to the business. 

LIC Lanka ties up with ComBank for bancassurance

LIC, (Lanka), Ltd recently signed a Memorandum of Understanding (MoU) with Commercial Bank to offer bancassurance services to Commercial Bank customers. 

Newest ‘Speed Water Shop’ opens at Wattala

The latest ‘Speed Water Shop’ was opened by Speed Water Systems (Pvt) Ltd., at Wattala recently.  It is conveniently situated in Hekiththa Road, Wattala. In keeping with its inspiring slogan “To make purified water more affordable and available to all’’, the launch of the newest outlet is part of the overall objective to expand the network of Speed Water Shops by reaching out to densely populated areas outside t

East West Marketing revolutionizes taste with Dimbula Tea

East West Marketing, Sri Lanka’s leading FMCG distribution company, a member of Nawaloka Holdings has once again added another stellar brand to their ever growing portfolio with the recent launch of Dimbula Tea.   

A T Cooray celebrates 90 years of heritage and trust

Renowned furniture manufacturer A T Cooray (Pvt) Ltd began their journey of designing and manufacturing high quality pieces of furniture almost 90 years ago when its founder   

ACCA Sustainability Reporting Awards on February 24

For the 20th year in succession, the Association of Chartered Certified Accountants (ACCA) Sri Lanka will reward Sri Lanka’s most transparent, accountable and responsible entities at the ACCA Sustainability Reporting Awards on February 24, at The Kingsbury.  

Loops Solutions becomes most awarded digital marketing agency in Sri Lanka

As technology takes the world by storm, digital marketing continues to grow alongside. Loops Solutions (Pvt.) Ltd is the pioneer of social media marketing in Sri Lanka which works with multinational and local giants. 

Leaders: Wonderful species who can be made

There have been leaders in various spheres, since the origin of mankind. It was the leaders who created the history of the world, because of their actions, words and particularly vision to turn a new leaf in the world’s history. In other words, leaders always do something different and new. The world is always suffering from the lack of leaders. It is not wrong to say that the life of a leader is more important and valuable than 100s of liv

CTC’s top trade marketers feted at Pinnacle Awards 2016

Ceylon Tobacco Company PLC (CTC) recently concluded its annual awards ceremony - Pinnacle Awards 2016 - recognizing the company’s most outstanding Trade Marketing Executives (TMEs) and distributors.

Chandula joins NSB as Consultant Strategy and Marketing

Chandula Abeywickrema, an accomplished commercial banker with over 30 years of banking and finance expertise and experience, has joined National Savings Bank (NSB) as Consultant Strategy  and Marketing.  

Fitch rates HNB’s subordinated debt up to Rs.7bn final ‘A+(lka)’

Fitch Ratings yesterday assigned Hatton National Bank PLC’s (HNB, AA-(lka)/Stable) proposed subordinated debentures of up to Rs.7 billion a final national long-term rating of ‘A+(lka)’. The assignment of the final rating follows the receipt of documents conforming to information already received and the final rating is the same as the expected rating assigned for the subordinated debt on September 4, 2015. The issue will have a

Why settle for crumbs when you can have the whole banquet?

Wedding functions, year-end corporate events, Christmas parties and New Year’s Eve dances are all over. December’s monthly revenue was high as the hoteliers bid adieu to last year, exclaiming ‘All’s well that ends well’. Soon that euphoric feeling will ebb as the challenges in the coming year unfold. That’s when it’s time to regroup and retrain your staff. 

Amãna Bank enables first drive-through ATM in Eastern Province

Amãna Bank, Sri Lanka’s premier non-interest-based licensed commercial bank, facilitated the realization of a significant milestone for the Eastern Province by establishing the first drive-through ATM in the province.

A strategic credit line to Alliance Finance

Global pioneer of sustainable banking Triodos Microfinance Fund and Triodos Fair Share Fund have recently provided a joint credit line to Alliance Finance Company PLC (CSE: ALLI) in order to further strengthen its contribution to a broader impact through SME financing and microfinance in Sri Lanka.