Budget proposals: Ravi K says open for dialogue

Embracing an open door policy in steering the government’s Treasury, Finance Minister Ravi Karunanayake yesterday told the country’s private sector to put forward their concerns on Budget 2016...

Abans’ LG sound bars further audio visual entertainment

Abans brings you the best and the widest range of LG sound bars in Sri Lanka at the most affordable prices. Further, LG sound bars come with a range of new and sophisticated features...

Mindshare, Unilever awarded at MMA Smarties APAC 2015

Sunlight, Unilever and Mindshare Sri Lanka were recognized at the MMA Smarties APAC 2015 Awards with a Bronze in the Brand Awareness category for the Sunlight Lights up my Nation Campaign.

Over 100 companies take part in maiden China Products Exhibition

?More than 100 companies with 15 product verticals across industry sectors were showcased at the first-ever China Products Exhibition held recently at the Sri Lanka Exhibition & Convention Centre (SLECC).

MTD Walkers diversifies into marine engineering

?Integrated infrastructure and engineering solutions provider MTD Walkers PLC has secured the leasehold rights of Mutwal Harbour and is to launch Walkers Colombo Shipyard (Pvt.) Ltd. 

Attract 1% annual Chinese tourism, FDIs for Lanka’s rapid growth: envoy

Sri Lanka should strive to attract one percent of the annual Chinese tourism and foreign direct investment (FDI) outflows for rapid development of the country, Chinese Ambassador to Sri Lanka Yi Xianliang said.

CB seen holding rates steady to support economy

?REUTERS: The Central Bank is expected to keep its key policy interest rates unchanged at record lows for the seventh straight month today, a Reuters poll found, as policymakers remain focused on spurring economic growth amid global headwinds.

The Great November Revolution

?Dinesh weerakkod speaks about his latest book the Great Novemeber Revolution. The book is scheduled to be released today.

Hong Kong-China: A model for Singapore-India partnership?

The world’s two fastest-growing economies, India and China, are clearly at different stages of development and makes it unfair for direct economic comparisons. But parallels can be drawn here. 

Sri Lanka targets a jump in 2016 revenues to finance public investment

REUTERS:  Sri Lanka doubled a nation-building tax and adjusted the corporate tax structure in its budget for 2016 on Friday to finance greater government spending in health and education, and accelerate the pace of economic expansion.

Ceylinco Life deploys ‘mPOS’ for ‘anytime anywhere’ premium payments

A new level of convenience has been offered to policyholders of Ceylinco Life to pay their insurance premiums, following the deployment by the life insurance leader of mobile Point-of-Sale (mPOS) devices via sales personnel in the field.

SLID explores financial stewardship obligations of board to shareowners

The Sri Lanka Institute of Directors (SLID) is conducting a two-day workshop on Financial Stewardship and Accountability scheduled for the 26th& 27th November 2015 from 8.30am to 5.00pm.  

Absolute Ayurveda hosts Detox Programme

?The Absolute Ayurveda Natural Healing Clinic by Spa Ceylon is hosting a Detox Programme. 

Philips Airfryer keeps people in prime health

Can you think of anything better that a working person needs to keep in good health than a Philips Airfryer that cooks tasty favourite foods and even complete meals without oil? 

Hemas Hospitals relaunches ‘Maathru’ maternity package

In celebration of 10,000 births at their hospitals and to give the best possible start to life, Hemas Hospitals a market leader in healthcare, has re-enhanced their existing ‘Maathru’ maternity package for expectant mothers. 

Hemas Hospitals partners Credence Genomics to offer cutting-edge genetic diagnostics

Hemas Hospital laboratory services which believe in cutting edge technology and has the largest laboratory network in Sri Lanka, entered into a collaboration with Credence Genomics, the pioneer in genomic research and diagnostics in Sri Lanka.

Sunshine Healthcare partners CMC for free diabetes screening

Recognizing that diabetes is a fast-growing and serious medical threat to the nation’s health, Sunshine Healthcare Lanka Ltd. (SHL) partnered the Colombo Municipal Council (CMC) to conduc....

Colombo hosts regional workshop on trade in services policymaking

A regional training workshop on ‘Enhancing Capacities for Trade in Services Policymaking and Negotiations’ was held in Colombo recently, with the aim of creating awareness among the stakeholders...

Sri Lanka’s trade chamber inks pioneering MoU with China’s richest province

?The largest business delegation to arrive in Sri Lanka from China is now in town and it is from none other than Zhejiang - China’s richest province. 

Geocycle signs vital MoU with NWP Local Government Department

Geocycle, a subsidiary of Holcim (Lanka) Ltd, a member of LafargeHolcim, recently signed a vital memorandum of understanding (MoU) with the Local Government Department for North Western Province (NWP) to dispose of all non-biodegradable waste in the area.

TEA praises 2016 National Budget

The Tea Exporters’ Association (TEA), the apex private sector body for the tea export community in the country, yesterday hailed the maiden budget presented by the national unity government.

Detox Program by Absolute Ayurveda

The Absolute Ayurveda Natural Healing Clinic by Spa Ceylon is hosting a Detox Programme. The modern clinic is located at No. 23, Alfred Place, Colombo 03, and provides a range of natural treatments and alternative therapies, in a tranquil setting.

Orient Finance relocates Galle branch

?Orient Finance PLC relocated its Galle branch to a spacious new premises at Colombo road, Kaluwella, in order to cater to the growing demand for their financial products.

Anantaya - Chilaw kicks off festive season with traditional cake mixing

Anantaya Resorts & Spa, Chilaw, part of Laugfs Leisure, kicked off the festive season in style with the traditional Christmas cake mixing ceremony, amidst much enthusiasm and merriment.

Leading lubricant importer criticizes govt.’s move to liberalize market

The government’s decision to liberalize the lubricant and bitumen markets will have far reaching negative consequences to both the government and the consumers, the country’s top suppliers said.

Banks asked to spin off leasing business

A day after the budget 2016 proposed to bar Licensed Commercial Banks (LCB) from engaging in leasing business from June 01, 2016, the Finance Minister,...

Govt. to exit non-strategic investments via capital market

?The Colombo Stock Exchange (CSE) will be getting a slew of new state-owned listings next year, while government shares on them will be divested, the Budget 2016 revealed.

New tax structure to discourage motor vehicle use: CMTA

?The new tax structure on vehicles and measures introduced in the Budget 2016 will discourage consumers from buying or using vehicles as the government intends, Ceylon Motor Traders Association Chairman Gihan Pilapitiya said.

Finance Ministry to set up separate unit to oversee private businesses

?A separate department is soon to be set up under the Finance Ministry (FM) consisting of top private sector Chief Executive Officers (CEOs), to create an enabling environment for the private sector...

Monkey business

A tourist is seen capturing monkey tricks near the Independence Square in Colombo, taking some time off from sightseeing.