Indra Manel Family Holiday Resort celebrates 18 years

Indra Manel Family Holiday Resort, one of  the most accommodative and top notch hotels situated in Kandy, recently celebrated 18 years of undaunted service.

Sri Lanka’s KumbukRiver among world’s best

KumbukRiver leads Sri Lanka’s forays in the world of tourism as it continues to be on the list of world’s top 10 most unusual hotels.  

Sri Lankan Holidays gives A’pura a taste of global leisure travel

SriLankan Holidays, the leisure arm of SriLankan Airlines, is taking its amazing range of travel products to many far-flung corners of the island in a series of road shows, with the latest taking place in Anuradhapura, giving the people of the ancient capital a glimpse of the exotic experiences it offers throughout Asia, the Middle East and Europe.

Nestlé Lanka head office celebrates Avurudu with employees

Nestlé Lanka recently celebrated Avurudu with its staff at its head office premises, with the participation of Nestlé Lanka’s Managing Director Shivani Hegde. The Avurudu activities commenced 

Serendib Flour Mills brings sustainability of operations to forefront

Serendib Flour Mills (SFML) recently embarked on a long-term sustainability drive to minimize the company’s impact on the planet, whilst improving the overall management of water and energy use at its milling facility. 

Inflation flirts around double digit levels as national prices soar 8.6% in March

Sri Lanka’s national consumer prices reached a 26-month high in March while the authorities seem to be making massive efforts to rein in further price pressures resulting from higher bank credit, 

Surge in foreign capital inflows boosts CSE

The Colombo Stock Exchange (CSE) in recent weeks has garnered a keen interest among foreign institutional investors, with a surge in foreign activity contributing to a strong showing in both daily turnover levels and the performance of the stock market indices.  

Sampath Bank to further enrich CSR initiatives to mark 30 years in industry

Celebrating 30 years as a premier financial service provider in Sri Lanka, Sampath Bank PLC will further uplift and improve its CSR initiatives.

Chevron March sales flat, profit declines amid tougher market conditions

It appears that the slowdown in the vehicle imports, liberalization of lubricants imports, lax regulations and intense competition have taken toll on Sri Lanka’s lubricants market leader, Chevron Lubricants Lanka PLC (LLUB),

IMF members delete anti-protectionism pledge, keep currency commitments

REUTERS:  Member countries of the International Monetary Fund on Saturday pledged to work to reduce global imbalances but failed to repeat their past pledge to resist all forms of protectionism. The International Monetary and Financial Committee (IMFC), the IMF’s steering body, also repeated its past commitments on currency exchange rates.

Govt. mulls national policy for adventure tourism

The National Policy and Economic Affairs Ministry will be creating a national policy on standards for adventure tourism to address safety and service delivery qualities of the fast-developing industry, following discussions with key stakeholders. 

IMF, WB hailed Sri Lanka’s economic development performance, says Ravi K

The current economic performance of Sri Lanka was given a special praise during the biannual summit of the International Monetary Fund and World Bank at Washington DC, which concluded yesterday, a Finance Ministry statement said, quoting Finance Minister Ravi Karunanayake. 

One Belt & One Road Initiative: Beyond physical infrastructure

At the China Institutes of Contemporary International Relations (CICIR)-organised forum on The Belt and Road Initiative: Risk Management, which was held in Beijing, Pathfinder Foundation Executive Director Luxman Siriwardena, in his presentation emphasised the potential of the initiative for economic development of Sri Lanka, as it enables the country to enhance its strategic value in the Indian Ocean. 

MTI selected for University of Western Australia forum in Perth

MTI Venture Manager/Business Analyst Jananga Piyadasa will represent MTI Consulting at the ‘Pursue UWA Week’ forum, which will be held in Perth, Australia from May 1 to May 6, 2017.  Pursue UWA Week is a forum organised by the University of Western Australia (UWA) to educate and train 30 international representatives of UWA across the globe.

CMA to hold ‘Big Data Analytics for Accounting’ CPD workshop

The Institute of Certified Management Accountants of Sri Lanka (CMA) will conduct a CPD workshop on ‘Big Data Analytics for Accounting’ on Wednesday, May 3, 2017 from 5:30 p.m.-7:30 p.m., at the CMA headquarters, 3rd Floor Auditorium, Visakha Private Road, Colombo 4.

Global Alliance for Trade Facilitation forum on April 26

The mega forum, ‘Global Alliance for Trade Facilitation: Making Cross - Border Trade Easier for Sri Lankan Business’, organised by the Global Alliance for Trade Facilitation and International Chamber of Commerce Sri Lanka (ICCSL), will be inaugurated under the aegis of Industry and Commerce Minister Rishad Bathiudeen on April 26, 2017, at Cinnamon Grand Hotel in Colombo. 

Comfort World to manufacture world class mattresses at Ambathale factory

Comfort World International, the market leader in mattress manufacture and retail in Sri Lanka, Maldives and Seychelles, will shortly introduce Serta mattresses, the emperor of mattresses to Sri Lanka . 

Hirdaramani tops JASTECA awards list for second year

Hirdaramani repeated its sterling performance at the JASTECA Awards held recently, topping the awards list for the second consecutive year. 

Nestlé Lanka celebrates Avurudu with employees

Nestlé Lanka recently celebrated Avurudu with its staff at its head office premises, with the participation of Nestlé Lanka’s Managing Director Shivani Hegde. 

Top toy maker Mattel aims to stimulate growth in Lanka’s toy industry

Mattel, a multinational toy manufacturer that for decades inspired the wonder of childhood across the globe, has identified Sri Lanka as a key market for growth. 

IMF warns against protectionism as Trump, Brexit loom

AFP: The International Monetary Fund renewed its warnings against protectionism on Thursday as nationalist political trends threaten trade integration on both sides of the Atlantic.

SLIM elects new President at 47th Annual General Meeting

The Sri Lanka Institute of Marketing (SLIM has elected Elangovan Karthik as its 39th president at the 47th AGM held on the 29th of March at the Kingsbury hotel, with a new council along with the ten-member executive committee of SLIM for the year 2017/18.

Degraded coral imperils coastal people: study

AFP: Coral reefs may be losing their ability to shield coastal communities from storms, sea surges and tsunamis, geologists said on Thursday.

Delmar, Dunsinane and Cee Tee Hills achieve all-time record prices

The following estates established all-time record prices at the weekly tea auctions held on April 18. Delmar Estate

JCT Oil Bank profits grew 113% last year, no need to privatize: Minister Ranatunga

Jaya Container Terminals Limited of Sri Lanka Ports Authority [JCT Oil Bank] has enhanced its profit in the previous year by 113 percent in relation to the year 2015, Minister of Ports and Shipping Arjuna Ranatunga said. 

War-torn Afghanistan sets up tourism ministry

AFP:  The president of war-torn Afghanistan is creating a tourism ministry in a bid to attract visitors to the country endowed with stunning landscapes and archaeological sites, but wracked by nearly four decades of conflict.

Sri Lanka joins Wings for Life World Run

Join Sri Lanka in the Wings for Life Organised App Run on May 7, 2017 and find a cure for spinal cord injury.

Avurudu vibes at Leo Burnett Sri Lanka

In keeping with the traditions of the national new year, the team at Leo Burnett Sri Lanka, the local office of the global advertising network Leo Burnett Worldwide celebrated the joy with the agency team and  their families. 

Asian markets chase record Wall St close on hopes for US stimulus

Asian markets built on a Wall Street rally yesterday as geopolitical fears gave way to fresh hopes for Donald Trump’s stimulus after his top finance man said a US tax reform plan would be released “very soon”.

iflix premieres The Good Place comedy

iflix, Southeast Asia’s leading subscription video on demand (SVoD) service, offering subscribers unlimited access to thousands of TV shows, movies and more, is thrilled to premiere the new hit comedy, The Good Place. All 13 episodes of the hilarious first season are now available to stream or download for in Sri Lanka, only on iflix.