B2b.lk Sri Lankas First and Only Business to Business eMarketplace

There are currently more than 125,000 businesses in Sri Lanka and there is no online platform that can facilitate the Business to business requirements. We have filled this gap by creating a B2b online platform where companies can float their purchase requests online and the suppliers will receive these immediately and can respond to the quotes instantly online. You could say that the service is something similar to AliBaba or Ali Source pro 

Colombo Fashion Week Resort moves to Galle this season

Monday 14th September 2015: HSBC Colombo Fashion Week Resort, the third season in the annual CFW calendar, will take place at the iconic Galle Fort, this season. CFW Resort was introduced in 2012 and alternates between Negombo and Galle to showcase the latest resort wear collections by both Sri Lankan and international designers. CFW Resort 2016, hosted by Jetwing Hotels, will take place from 29 September to 3 October 2015.“With three seaso

DSI Premier Showroom in Bambalapitiya reopens with a makeover!

?Heralding the return of quality footwear to Bambalapitiya, the DSI Premier showroom at 513/515, Galle Road, Colombo 4, was re-opened with a new look and a multitude of designs and brands on the 14th of September, 2015. The store was opened ceremoniously with the participation of esteemed members of the Senior Management of D. Samson and sons (Pvt) Ltd, Mr. Nandadasa Rajapaksa (Chairman, D. Samson & Sons (Pvt) Ltd), Mr. Thusitha Rajapaksa (Ma

Banking sector leaders in UAE for 2-day road show

?In an effort to promote Sri Lanka to the international market, heads of the banking sector left for United Arab Emirates (UAE) yesterday on a road-show organised by the Central Bank of Sri Lanka (CBSL).

Credit growth to be dampened by 70% LTV upper cap: Analysts

The Central Bank’s (CB) directive on setting the maximum loan-to- value (LTV) ratio at 70 percent on vehicles to improve the nation’s Balance of Payment (BOP) situation may augur well for the health of the overall economy...

HNB gets US $ 35mn DEG facility to beef up SME lending

HNB PLC has entered into an agreement with the German Development Finance Institution DEG to raise US $ 35 million through a 6-year senior long term loan. 

Interim budget revenue proposals key for meeting this year’s deficit target

The budget deficit numbers outlined in January’s interim budget will be met if the new parliament will pass the revenue measures which were proposed in January, the country’s top Finance Ministry official said.

Rupee at record low on importer dollar demand

?REUTERS: The Sri Lankan rupee weakened 0.3 percent yesterday, hitting a record low for a third session in a row due to importer dollar demand, although some exporter conversions of dollars capped the fall, dealers said.

Sri Lanka hopes to set terms of economic pact with India by year end

?REUTERS: Sri Lanka hopes to hammer out an economic partnership deal with India this year, its Prime Minister said yesterday, seeking to strengthen the Indian Ocean island’s ties with its big neighbour and reduce its dependency on Chinese investment.

State Minister of Finance assumes duties

?Sri Lanka Freedom Party national list MP Lakshman Yapa Abeywardena yesterday assumed office as the State Minister of Finance at the Finance Ministry in the presence of Finance Minister Ravi Karunanayke and President Maithripala Sirisena.

Auditors: Watchdogs, bloodhounds or whistle-blowers?

Sri Lanka’s securities watchdog, the Securities and Exchange Commission (SEC), is contemplating introducing new laws,...

Ranil Wickremesinghe visit: Can India and Sri Lanka build bridges over troubled waters?

Indian Express: In Sri Lanka, it is known as “doing puja to New Delhi”, but that notwithstanding, newly elected Sri Lankan leaders have a tradition of making the Indian capital their first port of call.

The exporting problem of SMEs: Finance is one solution

Since the turn of the century, not only have Sri Lankan exports declined as a share of its gross domestic product (GDP), but also in terms of its global share. 

NCE to participate in Hotel Asia exhibition in Maldives

The National Chamber of Exporters of Sri Lanka (NCE) will participate in the Hotel Asia exhibition, which will be held in Male, in the Maldives from September 19 to 21, 2015. This is the fifth successive time that the NCE participates in this Hotel Asia event. 

Mihin Lanka introduces flights to Muscat

Mihin Lanka, the region’s leading low-cost airline, will commence flight operations to Muscat, the capital city of Oman, from October 25, 2015 onwards.

Emirates enhances Algiers service

Emirates, the world’s largest international airline, will be able to connect even more people and cargo with Algiers on October 1 when it switches from its Airbus A340-300 currently operating the route to a larger Boeing 777-300 aircraft.

Qatar Airways named Best Middle Eastern/African Airline at Business Traveller Awards

Qatar Airways has once again been named the Best Middle Eastern/African Airline at the 2015 Business Traveller Asia-Pacific Awards held in Hong Kong recently. 

Sri Lanka Tourism to highlight 1706th Esala Perahera at Japan JATA World Expo 2015

JATA Tourism Expo 2015 Japan will take place on September 25, 2015 in Tokyo. Sri Lanka will highlight the Esela Perahera at JATA Tourism Expo 2015.

Colombo University EDTEHM students to host Tourism Leaders’ Summit

The current global context reveals that the tourism industry is one of the fastest growing industries in the world.

Asset Radio clinches CNCI Gold Award

The Annual CNCI Achievers Awards is organized by the Ceylon National Chamber of Industries to recognize entrepreneurs in the industrial sector for their achievements in the service sector. 

‘Prima Stella’ conducts cricket camp for future champions with Sanga

Prima Stella along with Kumar Sangakkara will be conducting a cricket training camp for young cricketing enthusiasts on the 2nd of October.  

Humriz pioneers in jewellery making technology in Sri Lanka

Leading promoter of Jewellery Casting Machinery Tools and Consumables, Humriz (Pvt) Ltd had its stall at the 25th Facets Sri Lanka Jem and Jewellery Exhibition recently. 

McLarens Lubricants conducts industry knowledge-sharing seminar

?McLarens Lubricants Limited, sole distributor for ExxonMobil in Sri Lanka, recently conducted an industrial seminar on the topic of “Good practices in lubrication”. 

ComBank wins int’l recognition for Green Banking efforts

The Commercial Bank of Ceylon’s efforts to make its operations more eco-friendly have been acknowledged internationally with the award for ‘Best Sustainability – Green Initiative’ at the 2015 Asian Customer Engagement Forum (ACEF) Awards in Mumbai.

Otara launches new collection for Embark at Galle Fort store

Otara Gunewardene, the trendsetting Sri Lankan entrepreneur, an inspirational businesswoman, a philanthropist and change maker has always been passionate about being kind and compassionate to animals and promoting animal welfare. 

Roshan Motha appointed PFAN Country Manager for Sri Lanka and Maldives

The Private Financing Advisory Network (PFAN), which is a multilateral, public-private partnership initiated by the Climate Technology Initiative (CTI), in cooperation with the UNFCCC Expert Group on Technology Transfer...

Dialog Television revolutionizes pay television industry with new daily rental connection

?Dialog Television, the leading pay television network in the country, with over 500,000 customers launched their newest prepaid connection ‘Power Play’ to the market recently. 

South Asia Textile Industries Lanka kicks off Rs. 1 bn expansion programme

Leading Sri Lankan textile manufacturer South Asia Textile Industries Lanka recently kicked off an ambitious expansion programme, having already begun investing what will ultimately be over Rs. 1 billion, in total, in the latest 5th Generation Hybrid...

Laugfs celebrates 20 years with 20-days of special offers

?In celebration of completing 20 years of trust and excellence, Laugfs recently announced 20 days of special offers, discounts and giveaways from across its diverse portfolio of products and services.

Singer and Education Ministry to improve Home Science subject in schools

?A home-cooked meal is at the heart of a healthy family, providing wholesome nutritional goodness.