Infotel 2017 officially launches new initiatives and solutions

The premier ICT exhibition Infotel 2017, organized by the Federation of Information Technology Industry Sri Lanka (FITIS) was officially launched at a ceremony at the Kingsbury Hotel in Colombo recently.

ATrad stock trading platform becomes CodeSign trusted application solutions provider

IronOne Technologies has announced that its next generation online trading platform ATrad has been awarded ‘CodeSign verified trusted Windows OS Application’ 

Samsung Galaxy Note 8 launched in Sri Lanka

Samsung Electronics yesterday launched its flagship smartphone Galaxy Note 8 in Sri Lanka, offering the next level Note for people who want to do bigger things.

Ceylon Hotel School Graduates Association AGM held in Tangalle

The annual general meeting of the Ceylon Hotel School Graduates Association was held in Tangalle on 23rd September. Prime Minister Ranil Wickremesinghe was the chief guest of the event, and Tourism and Christian religious affairs Minister John 

Commercial viability to drive Emirates A380 future operations to Colombo

For Emirates, the world’s biggest operator of the super-jumbo Airbus A380, flying it to 47 destinations and to be the possessor of the 100th A380 aircraft, the one-off flight to Colombo on August 14 was primarily introducing the airliner to the new market. 

Emirates service to Tunis becomes daily

Emirates has reaffirmed its commitment to Tunis by increasing the frequency of flights between Dubai and Tunis from six to seven a week starting 30th October. The additional Dubai – Tunis flight will be operated every Monday with an Emirate

Screen printers from Europe and Asia meet in Colombo for FESPA’s General Assembly

The General Assembly of Federation of European Screen Printing Associations will be held from 29th to 30th September at Colombo Hilton. 

BOI to host seminar on ‘Hub Operations’

The Board of Investment of Sri Lanka will be hosting a special seminar titled ‘Hub Operations ; future opportunities for Investment in Sri Lanka’ from 9.00 am to 12.00 pm on 12th October at the BOI Auditorium.

Ceylon Chamber compiles registry of Northern SMEs

The Ceylon Chamber of Commerce has compiled a ‘Registry’ consisting details of the SMEs operating in the Northern Province.

IPS Auditorium named after late Dr. Saman Kelegama

The Institute of Policy Studies of Sri Lanka (IPS) on Monday (25) named its state-of-the-art auditorium as the ‘Dr. Saman Kelegama Auditorium’, dedicating it to its late Executive Director, in memory ofhis vision, leadership, and guidance to the IPS, 

Finance Ministry calls proposals for budget 2018

The Finance Ministry is calling for proposals from all stakeholders including the general public to be included in the budget 2018 that will be presented in Parliament in November this year.

amanté launches inspiring new Autumn-Winter 2017 collection

Drawing its inspiration from the rousing examples of successful women who have persevered against the odds, leading intimate apparel label amanté, unveiled its Autumn-Winter 2017 “Muse” Collection

Winner for Season 2 of Mobitel’s Cash Bonanza Montero

The National Mobile Service Provider, Mobitel’s Cash Bonanza Montero Extravaganza programme continues to reach unprecedented heights in August, witnessing a growing numbers of customers 

“UJALA” WINS COUNTERFIET BATTLE

In a ruling dated September19th2017,the Commercial High Court of the Western Province granted a landmark interim injunction, which was sought by the Indian company, Jyothy Laboratories Ltd.

Nestlé wins ‘Highest Value Added Exporter’ at Presidential Export Awards

Nestlé has won ‘Highest Value Added Exporter’ in the Coconut Kernel Product category at the recent Presidential Export Awards. This marks the sixth Presidential Export Award for the company, in 

Building brands from the inside-out

As organizations grow, mature, and evolve, they often find their identity no longer accurately reflects who they are, what they do, or who they do it for. 

Distribution and revenue implications of Sri Lanka’s new Inland Revenue Act

Earlier this month, parliament passed a new Inland Revenue Act, effective from April 1, 2018. How will the new tax regime affect the tax revenue and what will be the tax burden on Sri Lankan citizens? Is it more pro-poor? This article tries to answer these questions, using the results of a recent study done by the Institute of Policy Studies of Sri Lanka (IPS), in collaboration with the World Bank.  

CB Governor offers key insights into Vision 2025 at DFCC Bank’s strategy workshop

 DFCC Bank organized a strategizing session recently at the Pegasus Reef Hotel, Wattala, where a cross-section of the bank’s senior staff engaged in interactive and participatory discussions as well as focused strategy discussions for the Bank’s development in 2018-2020.

Hayleys Advantis partners with SLIM as logistics partner for two flagship events

Sri Lanka Institute of Marketing (SLIM) signed an MOU with HayleysAdvantis Limited appointing the latteras the exclusive logistics partner of SLIM flagship events; SLIM NASCO 2017 and SLIM Brand Excellence 2017.

Abans success now a case study at Harvard Business School6

Abans Founder Chairperson Aban Pestonjee was invited to be interviewed by Prof. Geoffrey Jones, Faculty Chair of Harvard Business School’s Business History Initiative, on the topic of ‘Creating Emerging Markets’. 

FinMin pledges to chuck out dated laws to create conducive business environment

The government has pledged it will revisit and amend Sri Lanka’s old and archaic legislation, which continues to stand in the way of the business community, reducing its pace of making any progress. Finance Minister Mangala Samaraweera assured that with the government formulating its strategies in 

Sri Lanka in talks with two Chinese firms for US $ 3bn refinery

REUTERS: Sri Lanka is in talks with two Chinese companies about investing up to US $ 3 billion to build in a new refinery at its Chinese-controlled port, a top government official said on Friday.

LOLC Securities named Best Brokerage Research House in Sri Lanka

The Global Banking & Finance Review Award for the Best Brokerage Research House in Sri Lanka 2017 was awarded to LOLC Securities Limited (LOSEC), the stock broking company of the LOLC Group.

First Amari Hotel unveiled in Sri Lanka

Sino Lanka Hotel Private Limited, in collaboration with Onyx Hospitality Group recently celebrated the grand inauguration of a brand-new property in Sri Lanka’s historic southwest coastal city of Galle. The 172-room Amari Galle, located a short distance from the UNESCO World Heritage Galle Fort, is Sino Lanka Hotels’ third hotel in Sri Lanka. Onyx Hospitality Group, one of Asia’s leading hotel management companies, also celebrat

Sri Lanka’s uniqueness showcased through series of roadshows in Germany

Sri Lanka Tourism organized a series of roadshowsin four German cities this year as the second step of a promotional campaign which started in 2015, to showcase the country as a unique tourist destination

eBusiness Academy officially renamed as Asia Pacific Institute of Digital Marketing

As an educational institution that offers professional qualifications and training in the field of digital marketing, eBusiness Academy was initiated in the year 2009 and recently announced an official change of name and is now called the Asia Pacific Institute of Digital Marketing or APIDM. 

Megapolis and resilient cities- A strategy

A recent statement from the Minister in charge of Western Megapolis Development has stated that there are no funds allocated to his Ministry for Megapolis Development.

Jaguar Land Rover partners Transcend Drive for Shangri-La Hotels

Shangri-La Colombo will soon open its doors with a luxurious fleet of thirty Jaguar and Land Rover vehicles, and offering unprecedented transport solutions, Transcend Drive will offer mobility solutions for Shangri-La Hotel guests for services including excursions, airport transfers, special events and tours. 

All laws pertaining to Central Bank to be revisited for overhaul: official

The Central Bank is currently in discussions with the government to possibly amend all the laws pertaining to the Central Bank and monetary system, according to a Central Bank official.

Lankans seen spending on houses, vehicles and holidays in apparent shift towards affluent middle-inc

Although Lankans are said to be struggling to make their ends meet with the rising cost of living, the numbers tell a different story as they have spent lavishly on housing and vehicles, gone on vacations in expensive villas and purchased branded products vis-à-vis essential food items.