Bairaha Farms September quarter hampered by poor chicken demand

The top line at Bairaha Farms PLC fell during the September quarter over the sluggish demand for chicken meat and the profits halved as the expenses took toll while the contribution from the group joint venture firms turned negative. 

JKH September performance reflects difficult economy

The September quarter (2Q18) financial performance of John Keells Holdings PLC (JKH), the most valued conglomerate in the country, largely reflected the difficult economic conditions its diverse businesses were facing, in an extremely challenging environment.  

Stock hold steady; budget, policy rate decision in focus

REUTERS: Sri Lankan shares closed steady yesterday ahead of a long weekend, with investors awaiting the national budget presentation and the Central Bank’s policy rate decision.

Hayleys group’s holding in Singer Sri Lanka expands

The mandatory offer announced by Hayleys PLC to purchase the remaining shares of Singer Sri Lanka PLC closed this week with 21.08 percent Singer Sri Lanka shareholders accepting the offer despite the independent advisors recommending the shareholders to reject the offer.

Maggi partners International Pepper Conference

Maggi recently partnered the 45th International Pepper Conference as Silver sponsor, as part of its commitment to use popular Sri Lankan spices in its products to naturally enhance flavour and encourage the use of spices in home cooking. 

Navin visits WATEC exhibition in Israel

Plantation Industries Minister Navin Dissanayake visited the WATEC exhibition in Israel.

National Chamber to hold seminar on Central Bank and business potential

A very informative seminar on how the Central Bank could help the business community and the business potential will be addressed by the senior officials of the Central Bank of Sri Lanka on Thursday, November 23, 2017, from 9:00 a.m. to 12:30 p.m., at the chamber auditorium, No: 450, D R Wijewardene Mawatha, Colombo 7. 

Five Sri Lankan QC teams achieve Gold at ICQCC in Manila

Five Sri Lankan Quality Circle teams representing four organizations have won Gold awards for their case study presentations during the International Convention of Quality Control Circles (ICQCC) held in Manila, Philippines on 25th and 26th October.

‘Singer Soopa Shasthra’ home science education programme concludes third phase

Singer Sri Lanka PLC successfully completed the third phase of the ‘Singer Soopa Shasthra’ programme jointly with the Education Ministry to boost the standard of home science education in schools across the country while also paving the way for school leavers to step into a career in the fast-growing hospitality industry.

People’s Bank Arts Circle cultivates the habit of reading

The book exhibition and fair to celebrate October, the month of reading was recently held at the third floor of People’s Bank Head Office.

Climate change-fuelled drought drives Sri Lanka’s farmers to cities

Thomson Reuters Foundation: When Siri Hettige, a sociology professor at the Colombo University, conducts surveys of young people across Sri Lanka, he never fails to ask one key question: Does anybody want to become a farmer?

World Vision celebrates 40th anniversary with campaign to prevent child abuse

Humanitarian and relief agency World Vision Lanka launched its campaign ‘It takes a nation to end physical and sexual violence against children’, on its 40th anniversary celebrations in Colombo. The campaign has a specific focus on ending child sexual abuse and combatting severe and humiliating punishment of children.

SL slips one spot in latest WB doing business ranking

Sri Lanka’s ease of doing business ranking slipped one notch to the 111th place from last year, according to the World Bank’s ‘Doing Business 2018’ index, which measures the ease of doing business in 190 countries.

ITC appoints NCE CEO as national consultant

The International Trade Centre (ITC), which is a joint agency of the United Nations and World Trade Organisation (WTO), is fully dedicated to support the internationalization of small and medium enterprises (SMEs). The ITC is currently implementing a European Union (EU)-Sri Lanka trade-related assistance project, funded by the EU, which aims at increasing the competitiveness of Sri Lankan SMEs in regional and EU markets. 

The Outlet Store offers incredible discounts at year-end sale

The Outlet Store has yet again rolled out a fabulous shopping spree from 27th October to 4th November, as part of its year-end sale and this time shoppers are given whopping discounts of upto 50 percent on their total bill value.

Seylan Tikiri Children’s Month celebrations ignite happiness islandwide

As a part of Tikiri Children’s Month festivities, Seylan Bank conducted a series of fun filled activities throughout the month of October to replenish Tikiri children with excitement, joy and mostly educate them on the habit of savings in a friendly manner.

BOC ‘Punchi Picasso’ winners awarded at Battaramulla Ape Gama

In line with Bank of Ceylon’s 78th anniversary, the bank made a platform for children to reveal their creativity by organizing an art competition called ‘Punchi Picasso’ jointly with the Ministry of Education and the art exhibition was held at the Battaramulla Ape Gama on 27th October 2017. The award ceremony for the winners too took place on the same day at 1:30p.m. at the same venue. Education Ministry Secretary Sunil Hettiara

Hoover Dishwashers ease the burden of washing dishes and cutlery

Hoover’s latest line of dishwashers, exclusively available at Abans, provides the perfect solution towards easing the burden of washing dishes and cutlery.

Sampath Bank partners with WEBXPAY to roll out EMI platform for SMEs

Continuing its commitment to foster growth and prosperity among Sri Lanka’s vital Micro, Small & Medium Enterprises (MSMEs) sector, Sampath Bank announced a new partnership with WEBXPAY to empower merchants to sell their products and services online on instalment payments. 

Qatar delegation visits Dedduwa-Akurala tourism zone

Qatar Economy and Commerce Minister Sheikh Ahmed Bin Jassum Al Thani and Qatar Airways CEO Akbar Abbas Al Baker during an observation visit to the proposed tourism zone in Dedduwa and Akurala in the presence of Industry and Commerce Minister Rishad Bathiudeen and Sri Lanka Tourism Development Authority Director Tourism Planning/Development Upali Rathnayake

OPPO Sri Lanka appoints new CEO

Global Smartphone Brand OPPO recently appointed Bob Li as the New Chief Executive Officer (CEO) of OPPO Lanka. 

All roads lead to Rome

That is a loose translation of what the 12th century French theologian Alain de Lille said about the Eternal City. We, in current Sri Lanka, too have a similar sentiment but hundred and eighty degrees removed from what de Lille quoted.

Eternal Asia Lanka named authorized distributor for Western Digital

Eternal Asia Lanka (Private) Limited, has been appointed the authorised distributor for Western Digital products in Sri Lanka.

Bileeta appoints Imran Vilcassim as CMO

Bileeta, an award winning Enterprise Resource Planning (ERP) solutions provider, announced the expansion of its leadership with the appointment of Imran Vilcassim as Chief Marketing Officer. 

EFC symposium to boost green enterprises

Environmental and climate change have become issues with a direct effect on economies, enterprises and society as a whole. The three dimensions of sustainable development - economic, environmental and social, as the International Organisation for Employers (IOE) notes, are inextricably linked and policy actions in one of these areas are bound to have impacts on the others.

Fouzul Hameed to present exclusive Envoy Concept 2018

Hameedia, Sri Lanka’s leading menswear specialist will soon present the fifth edition of its annual fashion showcase – Envoy Concept 2018.

NCE-Verite Research collaborate on platform to track implementation of budget proposals

The National Chamber of Exporters (NCE) collaborated with Verite Research on a platform to track the implementation of budget proposals. 

SLT and CCC put Colombo amongst world’s elite cities

Sri Lanka Telecom (SLT), Sri Lanka’s leading digital service provider recently signed an agreement to provide Fiber to the Home (FTTH) infrastructure network facility, which is the world’s most reliable connectivity option for the Colombo City Centre (CCC) property.

Entrepreneurial know-how can come from anywhere

Raghuveer Sing Chaudhary found employment as a delivery boy with Amazon. Having had to give up higher education due to poverty, the young man soon realized that when he wanted a refreshing cup of tea hygienically made at the end of a hard day’s work, he simply couldn’t find one. If there was indeed a place where the tea was hygienically made, the taste was bad.

Fashion Bug awards Roo Siththam 2017 winners

The award ceremony of Roo Siththam, the annual all island art competition organized by Sri Lanka’s leading fashion destination, Fashion Bug, was held recently in two stages; Colombo and Kandy.