CIM Sri Lanka partners with Montrela Consultants

The Chartered Institute of Marketing Sri Lanka entered into a strategic partnership of mutual respect and benefit with Montrela Consultants (Pvt) Ltd, a leading international migration consultancy. 

New pharmaceutical manufacturer opens plant at Pallekelle Industrial Park

Celogen Lanka (Pvt) Ltd., a new plant to manufacture pharmaceuticals, was opened recently at the BOI Kandy Industrial Park at Pallekelle.   

DSI Sweeps 12 Awards at the National Quality &Productivity Convention 2017

With over 55 years of business excellence, DSI Samson Group proudly stands tall today as the country’s premier business conglomerate with 28 diversified subsidiaries. 

Singer launches most affordable 4K Ultra HD smart television series in Sri Lanka

Singer Sri Lanka, the country’s premier consumer durables retailer, added another innovative product to its portfolio with the launch of the ‘Singer Epic 4K Ultra HD Smart TV’ product series in Sri Lanka.

Sri Lanka highlights importance of political commitment to sustainable tourism at confab

The importance of political commitment for the development and implementation of sustainable tourism goals was highlighted during an international tourism conference currently taking place in  Manilla, Philippines.

Srilal conducts orientation programme for visiting Cranfield postgraduate students

Infotechs-IDEAS coordinated the annual visit of the Cranfield University UK postgraduate students to Sri Lanka recently. 

Tourism stakeholders call to ease regulations for industry to prosper

Steps are to be taken to let go the existing regulations that do not favour the country’s thriving tourism industry, a top Sri Lanka Tourism official said. 

Colombo Skalleagues re-elected to SKAL Asia Board

The 46th SKAL Asian Area Congress was held in Bahrain from 12 to 15 May.  Organized by SKAL International Bahrain, the event drew over 80 overseas delegates from 21 Skal Clubs and 60 delegates from the Host Club of Bahrain. 

‘Thailand Week 2017’ in Colombo next month

Thailand Week, an exclusive business and trade fair organized by the Department of International Trade Promotion of Thailand, comes to Sri Lanka in July this year. 

Vista Rooms expanding beyond hotels to deliver end-to-end hospitality solution

Vista Rooms, South Asia’s largest chain of affordable stays, is expanding operations to include apartments and villas in their portfolio of properties. 

VMware cloud infrastructure to assist SL advance in ICT sector

If Sri Lanka executes on innovations and upkeeps with latest technological trends, its expectation of reaching the revenue of US$4 billion in the information and communications technology (ICT) sector by 2022 is achievable, VMware General Manager Adrian Hia said. 

Daraz.lk Mobile Week by Hutch – SL’s biggest mobile phone sale

Online mega-store Daraz.lk has announced the launch of Mobile Week in partnership with Hutch – seven days of extraordinary deals on mobile phones and accessories hitting the store on 23 June. 

eMarketingEye wins award for ‘Best Digital Media Agency’ at SLT ZeroOne Awards

‘eMarketingEye’, the award-winning Sri Lankan Digital Marketing Agency and a pioneer in the industry, continued its winning trend from 2016 by securing the highly-coveted ‘Best Digital Media Agency’ overall winner award at the SLT ZeroOne Awards held recently. 

Cybercriminals targeting Mac users with malware attacks

Fortinet, a global leader in high-performance cyber security solutions, cautions that Apple devices have recently become attractive targets for cyber attackers due to their fast growing popularity and user demographics. 

Asia Pacific businesses poised for major digital transformation

The businesses in the Asia Pacific region are poised for a major digital transformation in the next few years according to Hitachi Data Systems Corporation (HDS) Global Chief Technology Officer Hu Yoshida, who is on a visit to Sri Lanka. 

NelsonHall report recognizes VirtusaPolaris leader in RPA and AI in banking

VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd.,announced that NelsonHall’s Vendor Evaluation and Assessment (NEAT) report on ‘Robotic Process Automation’ (RPA) and ‘Artificial Intelligence’ (AI) in Banking,  positions VirtusaPolaris as a leader in the overall market segment. 

Havelock City Commercial Development begins piling work

Havelock City – the premier integrated mixed-use development project in Sri Lanka commenced the piling works for its Commercial Development. 

JAT sponsors second Building Specifiers’ Conference 2017

JAT Holdings, Sri Lanka’s award-winning conglomerate was a title sponsor of the highly successful Building Specifiers’ Conference Second Edition, which was held in Colombo  on 13 June 2017. 

Sirocco Air Technologies stall at Construction Expo 2017 a ‘resounding success’

Against the backdrop of growing consumer interest in industry exhibitions, Sirocco Air Technologies, Sri Lanka’s most experienced ventilation solutions provider, took part at the Construction Expo 2017 for the first time. 

Home Lands embarks on Aurum Skyline Residencies in Colombo

Home Lands Skyline, the real estate arm of Home Lands, has embarked upon yet another Luxury Apartment complex that is to be developed in a convenient, competitive residential precinct. 

Blue Mountain hands over keys to ‘Sovrano’ homeowners

The keys to ‘Sovrano’, Blue Mountain Apartments’ luxury apartment complex, were handed to owners by the company at a celebratory event attended by over 150 guests which included the new residents and key stakeholders at the Mövenpick Hotel Colombo. 

Emerald and AOD Look To Redesign Local Industry

Emerald International (Pvt) Ltd, Sri Lanka’s premier menswear brand, recently signed an MOU with the Academy of Design (AOD), Sri Lanka’s pioneer in Design Driven Innovation, to formalize their 

Crunching the numbers: What is real export benefit of GSP Plus to Sri Lanka?

Sri Lanka’s overall exports to the European Union (EU) can increase by US $ 480 million – almost 15 percent on average – from the current earnings of US $ 3,275 million to US $ 3,756 million, as a result of regaining the Generalized Scheme of Preferences Plus (GSP Plus) benefit, according to the preliminary estimates using a partial equilibrium model.

Education allocations must target youth unemployment

There is now a commitment to increase the number of students entering universities by 2020 and also to allocate more funds for vocational training. The current intake to government universities is around 25,000 per year. Nearly 60 percent (150,000) of the students, who sit for the exam and satisfy the minimum requirement, cannot enter the universities. While this proposal is certainly a positive move,

How does Sri Lanka score in growth?

While some may think Sri Lanka’s cricket team did well in the recent Champion’s Trophy, myself included, vigorous debates have been going on, on TV and social media and even here in our office, which clearly suggest that not everyone agrees on their performance. 

Gated Community Living – Becoming Popular in Suburban Sri Lanka

Sri Lanka has been rapidly developing since the end of a three-decade civil war. The political stability of the country and its infrastructure development has helped the economy progress over the last few

Tea exporters highlight consequences of not liberalizing tea imports

The proposal for liberalization of tea imports has been debated for over 15 years without any decision. The Tea Exporters’ Association (TEA) of Sri Lanka’s request for liberalization was included in the 2016 government budget approved by parliament. However, it was not implemented due to strong objections from some stakeholder members.

Excessive corn protectionist policy to swell chicken prices, jeopardize industry

The authorities’ excessive measure to protect the corn farmers would have a devastating impact on the chicken industry in Sri Lanka, the industry specialists warn.

ComBank website adjudged best in finance sector at SLT ZeroOne Awards

The website of Commercial Bank of Ceylon was adjudged the best in Sri Lanka’s financial sector at the inaugural SLT ZeroOne Awards presented by Sri Lanka Telecom (SLT).

Janashakthi contingent attends MDRT Conference in USA

Janashakthi Insurance PLC announced that the Million Dollar Round Table (MDRT) qualifiers from its life insurance sales team attended the prestigious MDRT Conference that was held in Florida, USA, recently.