Pelwatte Dairy introduces healthiest snacks for holidays

The month of April has a special place in the hearts of people all over the country as the nation comes together to celebrate the Sinhala and Tamil New Year. In honour of this special holiday that is celebrated by everyone in the Sinhala and Tamil communities, all schools in the island close for the first term.

Browns Hospital Ragama accredited with ISO 9001:2015 certification

Browns Hospital Ragama has been awarded the ISO 9001:2015 Quality Management System, the most widely accepted quality management system around the world and one which has gained rapid acceptance internationally as well as locally as a foundation for quality products and services in the healthcare industry.

IPM National HR Conference 2017 in June

The largest human resources (HR) conference in South Asia, IPM National HR Conference 2017, is set to kick start on June 21, at the BMICH, exploring digitalization, disruption, diversity and design.

Two Singer top performers win President’s Club Member Awards

Two managers at Singer Sri Lanka, Senior Brand Manager Water Pumps Lahiru Weerasinghe and Senior Recoveries Manager Singer Finance Niranjan Sethunga received the prestigious President’s Club Member Awards at the company’s Annual Marketing Convention held recently.

Suzuki initiates training methodology for independent sales agents

Sri Lanka’s highest-selling automobile sensation, Suzuki, initiated a successful training programme for its independent sales agents on March 17, 2017, at Heritage Hotel, Anuradhapura. 

Pan Asia Bank hosts inter-branch/department quiz, Avurudu celebrations

Pan Asia Bank held its inter-branch/department quiz competition for the third consecutive year, named Pan Asia Intellectuals 2017 at the Golden Rose Hotel Boralesgamuwa recently. 

Hutch rewards top-performing sales team at ‘Champion’s Challenge’

Hutch felicitated top-performing sales personnel and recognized them at Hutch Champion’s Challenge 2016, which took place recently at Stein Studios.

Insee Cement celebrates holds Supiri Awards

Sri Lanka’s premier cement manufacturer Siam City Cement (Lanka) Limited (Insee Cement) recently held its spectacular annual employee awards ceremony titled Insee Supiri Awards 2017, at Waters Edge, Battaramulla. 

Govt. needs a major course correction to excite voters

The GSP+ going through is no doubt a big victory for Sri Lanka, given the many challenges the government has been facing in the last few months and the negativity surrounding it. Prime Minister Ranil Wickremesinghe needs to be congratulated for his efforts to restore the GSP+. Those responsible for managing exports now need to get on with it. 

Sri Lanka’s debt overhang: Getting better or worse?

The Sri Lankan economy appears to be enmeshed in a growing debt overhang. The latest figures released in the Central Bank annual report 2016 indicate that the total general government external debt has grown by 10 percent in 2016 to US $ 27.2 billion. Even averaging out for 2015-2016, annual debt growth was 6.2 percent compared to 4.5 percent in the preceding two years. 

Position key attributes of Sri Lanka through digital innovation By Emirates Academy Digital evangel

To cater to the growing need of destination marketing through digital avenues& capture the attention of modern day travelers towards Sri Lankan destinations ,we at ANC Omega (Pvt.) Ltd, the local 

February trade gap hits record high as exports dip, imports jump

Sri Lanka’s fragile external sector continued to bleed as the most recent data showed a decline in exports and a spike in imports as the country’s oil bill more than doubled in February, deepening the massive hole in the country trade balance during the first two months of this year. 

SL’s key ports handle record cargo traffic, ships in 2016

Sri Lanka’s port services turned in a record performance in 2016 by attracting the highest number of ships and cargo traffic to the country.

Exporters hail govt.’s efforts toward regaining GSP Plus

The Exporters Association of Sri Lanka (EASL) yesterday welcomed the efforts of the government to secure the vote from the EU parliament to regain GSP Plus tariff concessions for Sri Lanka exports entering the European Union.

Banking sector capital levels slip amid record private credit in 2016

Record levels of private credit extended in 2016 has resulted in further slippage in capital adequacy ratios (CARs) of the Sri Lankan banking sector ahead of 

SAPPTA hails govt.’s move to postpone abolishment of SVAT

The Spices and Allied Products Producers’ and Traders’ Association (SAPPTA) yesterday welcomed the government’s decision to postpone the abolishment of Simplified Value Added Tax (SVAT) system as proposed in the budget 2017.

Shares end flat; foreign investors turn sellers

REUTERS: Sri Lankan shares were largely unchanged in thin trading, near an 11-month high yesterday, as foreign investors turned net sellers for the first time in 26 sessions while blue chips saw profit-booking after a prolonged rise.

Always on the losing side…

Sri Lanka celebrated the International Labour Day on May 1 and all major political parties held rallies to mark it. Despite the massive crowds that attended these rallies,

Moscow invites SL for Russia’s Davos

Sri Lanka has been given a fresh opportunity to showcase its investment and export portfolios to the emerging markets as well as the huge Russian region through a premier global forum, dubbed as Russia’s Davos. 

Fitch affirms Singer Sri Lanka at ‘A-(lka)’; Outlook Stable

Fitch Ratings has affirmed Sri Lanka-based consumer durables retailer Singer (Sri Lanka) PLC’s National Long-Term Rating at ‘A-(lka)’ with a Stable Outlook. 

Dunamis Capital and listed subsidiaries change board

Manjula Mathews, Executive Chairperson of Dunamis Capital PLC and its listed subsidiaries – First Capital Holdings PLC and Kelsey Developments PLC, has retired from her post with effect from April 30, 2017. 

Japanese company introduces domestic insanitary water cleaning system

Omegaa Johkasou Engineering Lanka Private Limited can be considered as an amazing company which is famous for approaching new inventions that can help improve the life style of ours. 

LMD ranks Atlas as No. 1 ‘Most Loved Brand’ in Sri Lanka

The name Atlas, conjures much nostalgia, many memories and so much love amongst young and not so young homes, schools, offices and communities across Sri Lanka. Many successful professionals and entrepreneurs look back in life to acknowledge that Atlas played a critical and inspirational role in their journey of success. 

Ceylon Tea Brokers announces two new appointments

Ceylon Tea Brokers PLC has announced two new appointments with effect from 1st May 2017, following the resignation of Suranga Perera from the post of Chief Executive Officer. 

UK finance magazine names Sunshine Holdings ‘Most Innovative Holding Group’

In recognition of using high-tech applications in Sri Lanka’s agribusiness sector, launching of new innovative brands, ensuring high standards of customer service and strong client relations, Sri Lanka’s diversified conglomerate, Sunshine Holdings was awarded ‘Most Innovative Holding Group’ by Global Banking and Finance Review – the leading financial and banking magazine in the United Kingdom. 

Korea Eximbank to collaborate with ADB to draw CTEC blueprint

The Export-Import Bank of Korea (Korea Eximbank) signed an aide memoire with Asian Development Bank (ADB) and the Government of Sri Lanka (GoSL) recently, marking the launch of ADB-KSP Joint Consulting to support the GoSL in drawing a blueprint for the Colombo-Trincomalee Economic Corridor (CTEC). 

Green Scape Coir Exports leads way in exporting local coir

Green Scape Coir Exports (Pvt) Ltd, the brainchild of K.A.D.C Silva was established in 2007 with the objective of manufacturing and exporting coir products from Sri Lanka. 

Unilever Partners with Dietitians’ Association of Sri Lanka Demonstrates “Seductive Nutrition” to Ma

Unilever Sri Lanka partnered with the Dietitians’ Association of Sri Lanka (DiASL), a professional body for practicing dietetic health professionals in the country, on the Association’s 3rd Annual 

LiCC Jeaneration launches Water-Repellent Denim Jeans with nine exciting variants

Firebrand jeans retailer Long Island Clothing Company (LiCC) today launched a trail blazing brand of water-repellent jeans and thus takes the much favoured denim jeans to yet another level.

We Love Mum Brunch at Hilton Colombo, A Dining Experience As Unforgettable As She Is

Nothing says “Thank You, Mum” like a gastronomical experience set in the contemporary chic GRAZE Kitchen Restaurant,Hilton Colombo.