Oneworld named Business Traveller’s Best Airline Alliance for fifth year

oneworld has been named Best Airline Alliance for the fifth year in a row in the 2017 BusinessTraveller awards – confirming oneworld’s position as the most highly prized global airline alliance.

Sri Lanka strengthens ties with Russian counterparts

September 19th marked another important day in the Sri Lanka tourism calendar, since it took part in another international campaign related to the travel and tourism industry. 

Emirates to introduce additional flights to Stockholm

Emirates has announced that it will introduce three additional flights per week to the Swedish capital, complementing Emirates’ existing schedule and providing more choice to travellers from 8th December 2017.

Attractive fares from SIA and SilkAir to South East Asia extended

Due to popular demand, Singapore Airlines and SilkAir have decided to extend the promotional fares to South East Asia till end October 2017. 

Brandix sponsors National Occupational Safety and Health Conference

The Brandix Group has announced its continued commitment to efforts to promote safety and health at workplaces as a key sponsor of the 2017 National Occupational Safety and Health (OSH) Conference of Sri Lanka, an event it is supporting for the eighth consecutive year.

AIA Sri Lanka holds Vitality Wellness Day

AIA Sri Lanka’s first ever AIA Vitality Wellness Day was held recently to promote healthy living for employees.

EFC collaborates WCIC bidding for labour reforms to enhance female participation

The Employers’ Federation of Ceylon (EFC) has partnered with the Women’s Chamber of Industry and Commerce (WCIC) in lobbying with the government and other relevant stakeholders for labour reforms to enhance women’s participation in the labour force.

First batch of Fairfirst Leadership Programme 2017 graduate

The first batch of the Fairfirst Leadership Programme (FLP) recently completed the 12 week leadership programme.

Virtusa Significantly Increases Standing in the Prestigious 2017 IDC FinTech Rankings

Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing companythat accelerates business outcomes for its clients, today announced that it has been 

Govt. keeps on making policy blunders: Tea Board Chairman

Sri Lanka Tea Board Chairman Rohan Pethiyagoda at the 163rd annual general meeting of the Planters’ Association of Ceylon, held recently.

Govt. revenue in first 7 months up 18% amid higher VAT

The government revenue during the first seven months of the year rose 17.95 percent year-on-year (YoY) to Rs.1.02 trillion, nudged along mainly by indirect taxes due to the increase in the Value Added Tax (VAT) rate.

China, S’pore FTAs can transform two-thirds of Lankan imports, says WTO

No less than two thirds of annual imports to Sri Lanka will enter the country duty free when the Free Trade Agreements (FTAs) with China and Singapore are wrapped up, said a visiting top official from World Trade Organization (WTO) in Colombo yesterday.  

Sri Lanka pops up in foreign news reports on Airbus corruption scandal

References have also been made to Sri Lanka in foreign media reports on the massive corruption scandal rocking the world’s second largest aircraft manufacturer, Airbus. Spiegel Online, one of the most widely read English language news websites in Germany, says suspicious cases have begun popping up around the world, including in Sri Lanka, Indonesia, China, Tunisia, Kazakhstan and Mali.

World economic growth improving, even as U.S., UK potential slows: IMF

REUTERS: The current broad-based global economic upswing will likely be sustained this year and next, the International Monetary Fund said yesterday, with gains in most of the world offsetting sluggish outcomes in the United States, Britain and India.

Shares end firmer on foreign buying

REUTERS: Sri Lankan shares ended marginally higher yesterday in heavy trade, near a nine-week closing high hit last week, as foreign buying boosted investor sentiment, brokers said.

This govt. best bet towards sustainable growth: WAW

One of the harshest critics of government economic policies, former Central Bank Deputy Governor W.A. Wijewardena,  

Lanka Leather Fashion Renews Commitment to Sustainability

Continuing strongly on the environmental responsibility journey that they embarked on two years ago, leading high-end leather garment manufacturer Lanka Leather Fashion (Pvt) Ltd [LLF] recently 

ACCA Sri Lanka elects Adrian Perera as President for 2017/ 2018

ACCA’s Annual General Meeting was held recently at the Cinnamon Grand Colombo, where Oasis Hospital (Pvt.) Ltd Corporate Affairs Director Adrian Perera was re-elected as the Chairman member network panel for ACCA Sri Lanka for the year 2017/2018.

Singer Sri Lanka launches GEO Smart refrigerators

Singer Sri Lanka PLC, the country’s premier consumer durables retailer, has launched Singer GEO Smart, one of the most intelligent and energy-efficient refrigerators in Asia.

Orange carries out islandwide promotion to raise awareness on energy saving

In a bid to spread awareness about the importance of saving energy and the use of LED bulbs, Orange recently carried out a special promotion by directly engaging with consumers across the country.

Wellawatta Nithyakalyani Jewellery bags a hat trick of NCE Export Awards

Wellawatta Nithyakalyani Jewellery, a pioneer in the gem and jewellery trade in Sri Lanka, was recently recognized with Gold awards at the 25th NCE Export Awards organised by the National Chamber of Exporters.

Washapp unveils laundry services

Colombo recently saw the launch of another innovative mobile and web-based start-up – Washapp – that will surely change the way you do your laundry.

EDB organizes seminar for women entrepreneurs in Monaragala

The EDB organized a seminar for women entrepreneurs recently in District Secretariat Monaragala with the objective of development of women entrepreneurs to enter to the international market.

Prime Group, Singer, Tokyo Cement to power 38th NCCA

The National Conference of Chartered Accountants (NCCA), will in its 38th year receive a renewed boost from three top companies; Prime Group, Singer (Sri Lanka) PLC and Tokyo Cement Company PLC, who have come on board to power the conference with gold sponsorships.

Rupee ends lower on importer dollar demand

REUTERS: The Sri Lankan Rupee ended weaker on Tuesday on importer dollar demand amid low supply of the greenback from exporters and banks, dealers said.

Litro Gas Lanka Ltd has no connection to the alleged transaction

Litro Gas Lanka Ltd., wishes to assure all our stakeholders and the general public that the company had no connection to or knowledge of the alleged transaction that the Chairman of Litro Gas Lanka 

Unilever Initiates Partnership with Tea Smallholders Federation and Dialog Axiata to Uplift Liveliho

Unilever Sri Lanka initiated a partnership with the Sri Lanka Federation of Tea Smallholders and Dialog Axiata PLC to support the over 400,000 smallholder tea farmers in Sri Lanka. This comes

Mobitel joins hands with University of Kelaniya and Arthur C. Clarke Institute

The National Mobile Service Provider Mobitel, in collaboration with the University of Kelaniya and Arthur C. Clarke Institute for Modern Technologies, is launching two interactive mobile apps for stoma 

Amãna Bank awards winners of ‘Double your Remittance’ promotion

Amãna Bank has commenced a remittance promotion thereby giving customers the chance of doubling their remittance sent by their loved ones living abroad.

Regulators probe Standard Chartered over US$ 1.4 bn transfer

REUTERS: Financial watchdogs in Europe and Asia are investigating Standard Chartered PLC over the transfer of US $ 1.4 billion of private bank client assets from Guernsey to Singapore ahead of new tax transparency rules, according to a source familiar with the matter.