Eguardian Lanka appointed value-added distributor for Symantec in Sri Lanka

?Recognised as a key player among the top three value added distributors of ICT services in the Asia Pacific region, Eguardian Singapore specializes in providing Information Security and Data Centre Technologies services. 

Travels in Sri Lanka: The political and investment climate

My team and I recently travelled to Sri Lanka and saw firsthand its great appeal as a tourist draw. We crisscrossed the country by air and by automobile, visiting a few of its cultural attractions and speaking with officials there. 

Big Ideas for Small Business Managers : Use advanced tactics and techniques to beat your competitor

During the last weeks, we reviewed the conventional ways of market segmenting. If you recollect, those were geographic, demographic, psychographic, product attributes. 

Paris Agreement on Climate Change and the need for domestic actions

The Paris Agreement focusing on climate change and ways to address its adverse impacts was adopted on December 12, 2015. It provides both binding and...

Velona Cuddles clinches 2015 SLIM Most Innovative Brand Award

?Velona Cuddles has been named the ‘Most Innovative Brand of the Year’ at the 2015 SLIM Brand Excellence Awards for its functionally advanced product and unconventional market penetration and development strategies to face fierce international and local competition.

Sri Lanka’s only Christmas magazine ‘Noel’ out for the season

?Pioneering advertising agency Holmes Pollard & Stott (HP&S) celebrates its 25th anniversary this year. The agency that conceptualized and published Sri Lanka’s first Christmas magazine ‘Noel’ recently released the 14th edition of the popular publication.

Orofini opens newest jewellery store in Colombo

?Orofini Jewellery, the fine jewellery chain, opened its third flagship store in Sri Lanka at No: 465, Galle Road, Colombo 3 last week.

Somapala & Company marks 65-year journey

?With its humble beginnings in Matara going as far back as 1950, Somapala & Company commenced a journey in the importation and distribution of motor spare parts from the UK ...

D. Samson & Sons opens 210th showroom in Kiribathgoda

?Beginning from November 28, 2015, No: 76/A, Kandy Road, Kiribathgoda has become the location of D. Samson & Sons (Pvt.) Ltd’s brand-new showroom. This is the 210th showroom in the DSI retail network. 

Skill drain continues to threaten struggling Eastern province

Eastern Province Chief Minister recently stressed the need to create employment opportunities through the setting up of industries to prevent an increasing outflow of skilled and unskilled workers from the province. 

Novel move to attract online-savvy to entrepreneurship

?The first ever national initiative to push Sri Lanka’s Facebook generation to the spirit of entrepreneurship will be unveiled tomorrow in Colombo. 

Naturplus compostable and biodegradable lunch sheets at Dominoz Pizza

?Plastic Pakaging Pte Ltd  that manufactures bin liners from 3 microns , food wrapping sheets ,Compostable and Biodegradable Bags for exports to the UK and Maldives, during the last 28 years, has now launched Compostable food wrapping sheets to Dominoz Pizza.  

People’s Bank moves ahead with advanced ATM technology

People’s Bank introduced a new revolutionary ATM technology which will support the banks ambitious plan of owning the largest and best serving ATM network in the country.

Turkey issues e-Visas for Sri Lankans

?Sri Lankan citizens are now entitled to apply for Turkish visas through the Electronic Visa (e-Visa) Application System. A Sri Lankan citizen may obtain an e-Visa fulfilling the following requirements:

Joint seminar on reinsurance

A seminar on ‘Practical application of reinsurance principles and its modern trend’ was recently held at Galadari Hotel Colombo jointly organized by the National Insurance Trust Fund and Indian Insurance Institution.

Port of Colombo handles 5mn containers first time in history

?For the first time in history, the Port of Colombo has achieved 5 million TEUs (twenty-foot equivalent units), a press statement from the Sri Lanka Ports Authority (SLPA) said. 

Union Bank strengthens branch network with 64th branch in Kohuwala

?Union Bank extended   its island wide reach with the opening of its 64th branch in Kohuwala; in continuation of the Bank’s intent to become the ‘neighbourhood bank’ serving households across the island.  

Eran offers to sell Mihin to MR for one rupee

As loss making state owned enterprises (SOEs) are identified as a major hindrance in moving the economy forward, Deputy Minister Public Enterprise Development Eran Wickramaratne recently said that if required by members of previous regime...

Mercantile Investments and Finance relocates Balangoda branch

?Mercantile Investments and Finance PLC has relocated its Balangoda branch, to another location in Balangoda at Haputhale Road, Balangoda to give its customers a more spacious and convenient services setting in Balangoda. 

IMF bailout unavoidable next year: Prof. Sally

?Given the tight liquidity in capital markets due to the rise in global interest rates, a bail-out package from the International Monetary Fund (IMF) is unavoidable for Sri Lanka next year, according to Professor Razeen Sally, an economist with international repute.  

NDB opens latest branch in Tissamaharama

NDB opened its latest branch in Tissamaharama with the intention of further strengthening its financial services to the residents in the Southern Province. With this opening, NDB branch network has now grown to ninety three (93), 

PM kick starts Tourism Fest

Prime Minister Ranil Wickremesinghe officially inaugurated the “Tourism Fest 2015 with a Spirit of Christmas” campaign organized by Sri Lanka Tourism at the Arcade-Independence Square on Saturday evening. 

PM kick starts Tourism Fest (2)

Prime Minister Ranil Wickremesinghe officially inaugurated the “Tourism Fest 2015 with a Spirit of Christmas” campaign organized by Sri Lanka Tourism at the Arcade-Independence Square on Saturday evening. 

HNB wins CIOB Green Mark – Gold Plus award

?The Jaffna Green Building of Hatton National Bank (HNB) won the prestigious ‘CIOB Green Mark – Gold Plus’ award at the 2nd CIOB Green Mark awards ceremony. 

People’s expectations post-January 8: Opportunity must not be wasted?

Maithripala Sirisena, with the support of Ranil Wickremesinghe’s UNP, the country’s largest political party, won the election on the promise of ‘Yaha Palanaya’ or good governance. 

Trying their luck

Tourist arrivals to Sri Lanka rose 20.4 percent to 144,147 in November 2015 from a year earlier, driven by China, India, United Kingdom and Germany, according to state tourism promotion office data. Picture shows a group of tourists in Colombo purchasing local lotteries to try their luck. Pic by Kithsiri de Mel

Sri Lanka amends 2016 budget amid public protest

REUTERS: Sri Lanka’s new government has amended 2016 budget proposals, a move that could widen the fiscal deficit, after trade unions and farmers protested over long-term fiscal tightening measures.

Asia markets hit as oil sinks and Fed effect wears off

AFP - Asian stock markets fell back yesterday after a two-day rally boosted by the Federal Reserve’s interest rate hike, as the rout in oil prices returned to centre stage, with commodity-linked shares again taking a hit.

Emerging East eyes investors

In an effort to achieve greater economic prosperity, the emerging Eastern Province is gathering steam to showcase its potential and untapped opportunities to investors early next year.

SriLankan presents ‘Christmas on Wings’ for 32nd time

SriLankan Airlines once again presents its Yuletide extravaganza of music, dance, drama and prayer, ‘Christmas on Wings’, featuring the talented members of the staff of the national carrier.