Five-star food fiesta to kick off on August 24

An international food fiesta will be held on August 24, 25 and 26, 2017, at the Pettah floating market.  The food fiesta will be held according to a concept of the Provincial Councils and Local Government Minister Faiszer Musthapha in order to promote the floating market. 

Cinnamon’s city hotels and SriLankan Airlines reward FlySmiLes members

Gastronomy has always been an integral part of the travel experience. It matters little whether one travels for business or leisure, the question of where and what to eat feature nears the top of any traveller’s priorities. 

Celebrating 8 Years, Bharti Airtel commits to empower the youth of Sri Lanka

Bharti Airtel, the third largest telecommunications and network operator in the world with a footprint in over 18 countries recently celebrated its 8th Anniversary in Sri Lanka

Lagarde meets Lankan delegation

The Managing Director of the International Monetary Fund Christine Lagarde held discussions with the Sri Lankan....

EDEX Expo 2017 kick-starts

EDEX 2017, Sri Lanka’s largest education and job fair exhibition was launched at the BMICH by Foreign Affairs Deputy Minister....

Hammond says Britain open to brightest migrants

Post-Brexit Britain will keep its doors open to skilled foreigners who attend the best universities, finance minister Philip Hammond...

Japanese entrepreneurs keen on investing in Sri Lanka

Japanese Entrepreneurs are ready to invest in development and business activities in Sri Lanka, said Chairman of the Japan-Sri Lanka...

China’s largest chip company to build US$30 bn semiconductor factory

China’s largest chip maker has announced it will invest US$30 billion to build a new semiconductor factory, as the world’s...

China data boosts Shanghai but Asia traders on edge

Shanghai stocks jumped yesterday after China’s economy enjoyed its first growth pick-up in two years, but traders....

SRILANKAN AIRLINES MGT CONTRACT: Govt. may go for fresh round of bidding: Minister

The government would go for a fresh round of bidding for the management contract of SriLankan Airlines if the Prime Ministerial Committee tasked with choosing a finalist is not...

Shares end higher on foreign buying

Sri Lankan stocks closed higher yesterday led by financials, after hitting a more than one-week closing low.....

Cockrell Fringe Festival fosters, showcases young talent

Created with the aim of celebrating the many faceted talents of emerging young artists from Sri Lanka, The Cockrell Fringe Festival in Galle was all about anarchic fun without the guilt and brought to the forefront innovative, diverse and daring new works that provided a forum for artists in which they honed their craft while making important professional and audience connections.

Shangri-La’s Hambantota Resort – Best spot for adventure trail tours in southern coast

The guests of Shangri-La’s Hambantota Resort & Spa can take the opportunity to fulfil their travel goals for 2017 through a series of adventure tours and experiences. 

SriLankan unveils Speculo 2017 painting, visual art competition

SriLankan Airlines, the national carrier, inviting the country’s talented youth to artistically elaborate their perspective on the airline, unveils its ultimate creativity inspiring endeavour, Speculo 2017. This painting and visual art competition brings together artists across the country, ranging from school children, university students and amateur and professional artists.

WBTMC to conduct Speechcraft Programme #7

The Word Blasters Toastmasters Club (WBTMC) presents a Toastmasters experience of a lifetime with the seventh Speechcraft Programme conducted by the club, which would take place at the Royal College Union Skills Centre (RCUSC) on Saturday, January 28, 2017.

Suren Cooke Agencies introduces Sure Green Eradicator to fight bed bugs

Suren Cooke Agencies, a pioneer in the pest management industry and renowned for utilizing the latest and most innovative pest control solutions, has introduced the Sure Green Eradicator, based on steam superheated at 180C to eliminate bed bugs, instantly.  

Etihad Airways hosts Indian fashion couturier Manish Malhotra in Abu Dhabi

Etihad Airways, in association with Lakmé Fashion Week, recently hosted master couturier Manish Malhotra in Abu Dhabi as part of the airline’s latest initiative as the preferred carrier of the global fashion industry.

Get house in order before worrying about FTAs, says top economist

Sri Lanka should first worry about the barriers to trade inside the country before entering into far reaching trade pacts with other countries as bureaucracy and administrative and information inefficiencies among other things have put a cap on the progress of the country’s exports, opines a top economist. 

Shortlisted bidder for SriLankan charges bids being rigged

PeaceAir Pvt Ltd, one of the three shortlisted candidates of the bids for the management of SriLankan Airlines (SriLankan) yesterday held a press conference to express its frustration over the bid evaluation process, which they charged was not transparent.

LB Finance 3Q net profit crosses Rs.1bn

LB Finance PLC (LBF), a Dhammika Perera-controlled licensed finance company, recorded higher profits exceeding Rs.1 billion for the quarter ended December 31, 2016 (3Q17), supported by higher loans and leases extended during the period, which in turn improved the company’s margins.

AIA Insurance announces Rs.48 per share interim dividend

AIA Insurance Lanka PLC yesterday announced an interim dividend of Rs.48 per share payable by February 08, 2017 for the financial year 2016.

Grain Elevators to acquire poultry processing plant from related party for Rs.272mn

Sri Lanka’s leading poultry manufacturer, Ceylon Grain Elevators PLC (GRAN), has entered into an agreement to acquire land and a poultry processing plant from related party Ceylon Agro-Industries Limited for Rs. 272 million.

Rupee falls on importer dollar demand

REUTERS: The Sri Lankan rupee traded weaker yesterday due to dollar demand from importers while moral suasion by the Central Bank prevented a further fall in the currency, dealers said.

Finance Ministry says China’s Alibaba eyeing investments in SL

Sri Lanka’s Finance Ministry yesterday said world famous Chinese e-commerce giant Alibaba has shown keen interest in investing in Sri Lanka and to build an e-commerce platform to promote online business ventures.

EDEX Expo 2017 – “Empowering Sri Lankan Youth to be globally competitive”

Sri Lanka’s largest education exhibition and Job Fair – EDEX Expo will be held on 20-22 January 2017 at BMICH Colombo, and on 27-28 January 2017 at Kandy City Centre

Blue Mountain breaks ground for Colombo’s first ever 7-star luxury apartment – Achilleion

Blue Mountain Apartments, part of the Blue Mountain Group, held the ground-breaking ceremony of its most iconic development project and one of the biggest such projects

Professor Indraratna: Guru of gurus

In memory of Professor A.D.V De. S. Indraratna, this is a republication of the article initially published in Mirror Business in 2011under the ‘Sri Lanka’s Prominent Economists’ series

What does Forbes Under 30 entrepreneurs tell us?

When Forbes recently announced its list of Under 30 movers and shakers, the list was more than a statement of young entrepreneurship. It was a confirmation of how entrepreneurship captures the young early on; it also highlighted the power of technology in helping most of these talented young men and women to leap into billion-dollar categories with seemingly little effort.

Lanka Hospitals to hold workshop on breast cancer

According to World Health Organization (WHO), Breast cancer is the top cancer in women worldwide and is increasing particularly in developing countries like Sri Lanka where the majority of cases are diagnosed in late stages. Cervical cancer has been identified as the second most common cancer among females in Sri Lanka. However, with early detection and treatment cancers can be cured and managed. 

Sancharaka Udawa tourism trade fair to be held in May

The Sri Lanka Association of Inbound Tour Operators (SLAITO) announced the annual Sancharaka Udawa tourism product trade fair, which will bring to the forefront many unidentified small and medium service providers by creating a platform to showcase their services as well as build links with the tourism industry.