4rever wins Gold at Business Excellence Awards 2015

The holy grail in the overall business excellence landscape which encompasses excellence in a wide area such as Excellence in leadership, capacity building...

40 govt. administrators attend PIM’s Thailand programme

?The Postgraduate Institute of Management (PIM) in collaboration with the Asian Institute of Technology (AIT) organised yet another international management programme for 40 administrators recently.  

Spice Council Founder Chairman to attend International Spice Conference in India

?Sarada de Silva will attend the International Spice Conference (ISC) in Goa, India and the Business Sessions of the all India Spice Exporters Forum (AISEF) that begins today. 

German’s Häfele launches Design Centre in Colombo

The international leader in German hardware technologies, Häfele launches its largest state-of-the-art Design Centre in the country at the heart of Colombo,  opening  the first-of-its-kind showroom in Sri Lanka with globally acclaimed innovative solutions...

Tea talks

?High Commissioner of Pakistan, Major General (Retd) Syed Shakeel Hussain met Plantation Industries Minister Navin Dissanayake at the Ministry recently. They discussed about tea export development and related strategies.

Manjula de Silva appointed CIMA Sri Lanka board Chairman

?Manjula de Silva (FCMA CGMA) was inducted as the Chairman of the CIMA Board for 2016 at the induction ceremony of The Chartered Institute of Management Accountants (CIMA) held in Colombo on 19th January. 

Korean construction giant Kunyoung enters Sri Lanka

?With a promise to be a significant contributor towards Sri Lanka’s infrastructure development, leading Korean construction and real estate company Kunyoung Engineering & Construction entered Sri Lanka’s engineering and construction space, launching Kunyoung Ceylon (Pvt.) Ltd. 

Post sanction Iran-Sri Lanka trade readies for major upsurge

?In the wake of last weekend’s lifting of economic sanctions on Iran, the first ever official delegation to Sri Lanka from the post-sanctions Iran will land in Colombo as early as February 23rd, to start crucial joint trade talks.

East aims high with int’l investment forum

Sri Lanka’s Eastern Province is targeting to bring in US $ 1 billion investments and one million in tourists to the region by 2020, a top Local Government official said. 

Higher disposable income, festive demand drive Keells Food 3Q profits

?The market leader in processed foods, Keells Food Products PLC (KFP) saw its net profit for the quarter ended December 31, 2015 (3Q16) rising 7 percent to Rs.98 million over the corresponding period last year, the interim results released to the Colombo Stock Exchange showed. 

Shares fall for 3rd straight session on rising yields

?REUTERS: Sri Lankan shares fell for a third straight session yesterday to their lowest close in nearly 19 months due to rising yields and as investors sold their holdings to settle margin trading, brokers said.

New common floor-rates for calls & SMSs from February

?Sri Lanka’s telecom regulator, Telecommunication Regulatory Commission (TRC) has issued instructions to telcos to scrap the existing two rate structure for on-net and off-net voice calls and replace it with a new common floor rate with effect from February 01, 2016.  

Traditional skills in lapidary arts

?A traditional Sri Lankan lapidary engaged in his craft in the Galle Fort during the Galle Literary Festival 2016 held last week

DSI opens Reebok FitHub Concept Stores at Maitland Crescent & Crescat Boulevard

?Early December 2015 saw the opening of two brand new Reebok FitHub Concept Stores by DSI. The first, was at 41/2, Maitland Crescent, Colombo 07 on the 3rd of December, while the second took place at Crescat Boulevard - No. 95, L30, Colombo 03, on the 12th of December. 

Indonesia Biz Council shows how to enter new overseas markets

The Sri Lanka Indonesia Business Council (SLIBC) of the Ceylon Chamber of Commerce together with the Indonesian Embassy in Sri Lanka organised an interactive luncheon session under the...

Bio Extracts wins two Presidential Export Awards

?Bio Extracts Private Limited won two awards at the recently held Presidential Export awards under the Ayurveda and Health/ Personal Care Products Sector.

Kotmale launches ‘Drinking Yoghurt’ to local market

?Kotmale, Sri Lanka’s leading fresh milk brand has launched yet another stunning addition to its collection of superior dairy goodness with Kotmale Drinking Yoghurt. 

World’s largest AC manufacturer Midea ties up with Telesonic

?Midea, whose globally-acclaimed air conditioner technology powers iconic landmarks like Singapore’s Changi Airport, Brazil’s world cup stadiums and China’s Olympic stadiums now presents its commercial and residential air conditioner range to Sri Lanka.  

Colombo Agile Conference 2016 to kick off in February

? Sri Lanka’s largest gathering of ‘Agilists’, the Colombo Agile Conference, is back for the third year featuring a great line-up of globally renowned speakers and will take place on February 26, 2016. 

Asian Infrastructure Investment Bank holds inaugural Board of Governors meeting

The Board of Governors of the Asian Infrastructure Investment Bank (AIIB) held the inaugural meeting recently in Beijing under the aegis of Chinese President Xi Jinping.  

Ceylon Chamber’s YBSL trains budding entrepreneurs

The Youth Business Sri Lanka (YBSL) of the Ceylon Chamber of Commerce and the National Human Resources Development Council of Sri Lanka recently trained over 230 budding entrepreneurs on the finer skills of entrepreneurship....

Opportunity for social entrepreneurs in Sri Lanka

?SocialStarters (UK) is offering a unique training and development programme to a select group of social entrepreneurs in Sri Lanka starting in February 2016. 

Int’l experts to speak at CA Sri Lanka SMP forum

International Federation of Accountants (IFAC) SMP Committee Chairman Dr. Giancarlo Attolini and European Federation of Accountants and Auditors for SMEs President Bodo Richardt will share important insights relevant to the small and medium-sized ...

Get used to living with Chinese economic tremors

The economic tremors that accompanied the new year falls in the Chinese stock market have spooked markets and policymakers around the world. Get used to it.

Opening up the skies: Benefits of air services liberalization

Air connectivity plays a pivotal role in unlocking a country’s long-term economic growth potential and has been recognized as doing so over the recent decades.

Sri Lanka-Pakistan trade could double in two years: TDAP CEO

Expressing expectation of bilateral trade between Sri Lanka and Pakistan doubling within the next two years, ...

Ex-Tamil Tigers go jobless in Sri Lanka

Vallipuram, Sri Lanka (IRIN): Almost seven years after the end of Sri Lanka’s decades-long civil war, the majority of former Tamil Tiger rebels are struggling to find jobs despite billions of dollars of extra investment in their regions.

‘Destination Sri Lanka’ lures tourists at Vakantiebeurs 2016

?Sri Lanka Tourism Promotion Bureau together with nine industry members were at the largest tourism fair Vakantiebeurs 2016 in The Netherlands promoting the island among Dutch tourism trade and travellers. 

Aitken Spence partners SriLankan Airlines to promote Sri Lanka across India

?Aitken Spence Travels, Turyaa Kalutara and SriLankan Holidays have joined hands to launch a promotional campaign across several cities in India to attract more tourists to Sri Lanka. 

The Fairway National Literary Award 2015: Winners announcedat a ceremony in January 2016

?SepaliMayadunne’s novel, “Maha Sami” and RizwinaMorseth De Alwis’ novel,“It’s not in the stars” and AyathuraiSanthan’snovel, “Rails run Parallel”, were announced the winners of the first ever Fairway National Literary Award