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

Optima Designs hits the Terrific Two’s!

The design company celebrated a whirlwind second year by bagging 10 awards at the recently concluded Annual Report Awards organized by the Institute of Chartered Accountants of Sri Lanka (ICASL).

OPPO ropes in Hrithik Roshan and Sonam Kapoor as Brand Ambassadors in South Asia Region

OPPO, the evolving smartphone brand in theSouth Asia Region, with exceptionally stylish products, has rung in the year 2016 by naming Bollywood heartthrobs,HrithikRoshan and SonamKapoor

FIRST SRI LANKAN IN THE JURY PANEL OF THE ASIA-PACIFIC EFFIES

The Confederation of Asian Advertising Agency Associations has proudly announced the appointment of ImalFonseka,renowned marketer and CEO of Ceylon Biscuits

‘Sustainable Growth’ secures extraordinary year on year for Continental Insurance !

?Continuing its journey of success along a steady and unwavering path of growth, Continental Insurance recorded highly impressive results across all areas of business in the company for 2015.

National Chamber to hold session with Norway Ambassador

A session on ‘Bilateral trade between Sri Lanka and Norway’ will be held on Wednesday, January 20, 2016 from 3:00 to 4:30 p.m., at the Chamber Auditorium, No: 450, D R Wijewardene Mawatha, Colombo 10.  

Oil price falls below US $ 28 a barrel as Iran sanctions lifted

?BBC: The oil price has fallen below US $ 28 a barrel amid fears the lifting of Western sanctions on Iran could worsen the existing oversupply problem.

Shares fall to near 19-month low on rising rates

REUTERS: Sri Lankan share index fell about 2 percent to near 19-month low yesterday due to rising yields and as investors sold their stocks to settle margin trading, brokers said.

IEEMA delegation promotes Elecrama-2016 in Colombo

?Aiming to strengthen the trade partnership between India and Sri Lanka, a high-profile delegation from the Indian Electrical and Electronics Manufacturers’ Association (IEEMA) visited Sri Lanka last week to promote Elecrama-2016 and boost economic ties between the two nations.

SriLankan’s carbon footprint second lowest in Asia Pacific

An international travel magazine has ranked the national carrier SriLankan Airlines among the airlines with the lowest carbon footprint in the Asia-Pacific region. 

RPCs condemn attack on Lelwala estate executives

?Condemning the recent attack on the manager and the field executive of the Lelwala Estate managed by Elpitiya Plantations, the Regional Plantation Companies (RPCs) have urged the authorities to take immediate and strict action against the perpetrators. 

Top EU delegation in town to discuss GSP Plus

A high profile mission from the European Union (EU) headquarters in Brussels comprising of officials from the European Commission (EC) and European External Action Service (EEAS) will be visiting Sri Lanka from today to January 22,

OBG prepares to launch first-time country report

Better marketing and branding of Sri Lankan teas overseas, together with the potential for liberalising the industry, were just some of the issues discussed with Rohan Pethiyagoda, the newly inducted Chairman of the Sri Lankan Tea Board,

Oxfam says wealth of richest 1% equal to other 99%

?BBC: The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam.

Sri Lanka telco outlook improves with new budget: Fitch

Fitch Ratings has revised the outlook on Sri Lanka’s telco sector to stable from negative as the new budget, introduced in November 2015, has scrapped the recurring taxes which could have diluted the industry’s EBITDA margin by an average of 6-7 percent. 

Sri Lanka aims to lure US $ 5bn in FDIs next three years

Confident that the Yahapalanaya has paved the way to bring nothing but fortune to the nation, a top Cabinet Minister said Sri Lanka aimed to attract foreign direct investments (FDIs) of US $ 5 billion within the next three years.

President opens new BOC Welikanda, Aralaganwila branches

?Bank of Ceylon (BOC) opened its 626th newest branch in Welikanda and relocated its Aralaganwila branch recently. 

Lasantha to be inducted 23rd CA Sri Lanka President

Lasantha Wickremasinghe will become the 23rd President of the country’s apex body of chartered accountants - CA Sri Lanka - replacing the incumbent President Arjuna Herath.

NDB Wealth wins Global Banking & Finance Review Award

Expert financial planner NDB Wealth has kicked off the new year by winning a coveted international award presented by the prestigious Global Banking & Financial Review magazine. 

CIMA 2016 board induction today

The Chartered Institute of Management Accountants (CIMA) will hold the induction of its Sri Lanka board today, in which Manjula de Silva is to be inducted as the Chairman of the board for 2016. 

Two leaves and a bud! But do we have a product?

Any product has a life cycle and the same concept applies to tea.  Diversification is a process that takes place when the product reaches the stage of ‘declination’ in the market with the passing of time. Although it happened to the production of tea a few decades ago, the decision makers have been ignorant due to reasons best known to the industry. 

Barista Lavazza celebrates true meaning of the season with giving

?Barista Lavazza, Sri Lanka’s most popular coffee house chain celebrated the season by making a difference in a child’s life. 

HNB Grameen takes lead in child protection issues

Two inaugural conferences of a series of awareness raising conferences organized by HNB Grameen Finance Ltd under the theme “For a protected generation of children” with a view to enlightening the entire society on child abuses encountered ...