Sunanda Weerasinghe receives Bronze Award

The chairperson, Sunanda Weerasinghe of Sujan International Pvt Ltd, the vegetarian company dedicated to vegetarianism received the Bronze Award - Large Category at Women Entrepreneur 2015 from Women’s Chamber of Industry and Commerce recently. 

OVIKLO International expands storage capacity

OVIKLO International recently expanded their warehousing chain by another 120,000 Sqft facility.  With this expansion increased entire OVIKLO’s storage capacity over 500,000 square feet in both covered and open yards. This increase in warehouse capacity will enable OVIKLO to further enhance its ability to add value to customers’ stored products. The additional space provides more storage for all industry verticals as well as incr

Cargills Bank strengthens retail portfolio with revamped savings product

Cargills Bank, the newest entrant in the banking domain, provides value propositions across all consumer segments that it serves. Delivering on its premise to offer utmost convenience to customers, the Bank offers a strong portfolio of products and services for personal and business banking that is supported by sound technology. 

Experts call to standardize Sri Lanka’s labour force skills

It was stressed at a recently concluded forum in Colombo that Sri Lanka should standardize and upgrade the skills of its labour force, as the country at present mostly relies on quantity rather than 

S. Korea considers issuing 50-yr treasury bonds

REUTERS: South Korea is considering issuing 50-year treasury bonds, the finance ministry said yesterday, a move that would be unprecedented as the country’s bond maturities now run up to 30 

Shares edge down on profit-taking

REUTERS: Sri Lankan shares closed slightly lower yesterday after posting a more than 11-week 

China launches world first quantum satellite

AFP: China launched the world’s first quantum satellite yesterday, state media reported, in an effort 

Sri Lanka’s manufacturing falls in June; services up

Sri Lanka’s manufacturing activities, measured by the Manufacturing Purchasing Managers’ Index (PMI)  fell to neutral levels in July after a pickup in June, the data released by the Central Bank 

Rupee steady as importer dollar demand offsets exporter sales

REUTERS: The Sri Lankan rupee ended steady yesterday as dollar sales by exporters were offset by importer demand for the U.S. currency, dealers said.

800 million reasons for South Asia to get its act right

South Asia is set to become the fastest growing region in Asia. Led by a booming India, which is expected to grow by nearly 8 percent in 2017, the region is expected to expand at a blistering rate of 

Serendib Educational Foundation holds Annual Interviews and Awards Day

Serendib Educational Foundation, one of the few scholarship funds that has an endowment fund 

People’s Bank presents new home to award-winning high jumper

People’s Bank YES brand ambassador and award-winning high jumper was presented the deed to a new home by People’s Bank Chairman Hemasiri Fernando, Chief Executive Officer/General Manager 

Egypt eyes tough reforms in last-ditch bid to save economy

AFP - Egypt hopes a $12-billion financing deal with the IMF will usher in an economic turnaround but real progress hinges on a tough reform package avoided for decades to stave off unrest.

CMEC and BPPE win Jaffna-Kilinochchi Water Supply and Sanitation Project

The joint venture between China Machinery Engineering Corporation (CMEC), an internationally renowned construction company, and Business Promoters & Partners Limited (BPPE), a premier 

Ceylon Chamber’s Chamber Cricket Championship 2016 on September 3

The annual six-a-side ‘Chamber Cricket Championship 2016’ organised by the Ceylon Chamber of Commerce (CCC) will be held on September 3, 2016 at the CCC grounds in Colombo.

Sri Ramco Lanka donates Chrysotile roofing sheets to army quarters

Sri Ramco Lanka (Pvt.) Ltd, one of the leading manufacturers of Chrysotile roofing sheets, recently made a donation of Chrysotile roofing sheets to the army camp in Periyakadu in Vavuniya.

Economist urges pvt. sector to give more emphasis on product design innovation

Ceylon Chamber of Commerce Chief Economist Anushka Wijesinha urged Sri Lanka’s private sector 

German investor sentiment rises as Brexit shock eases: ZEW institute

AFP - Investor confidence in Germany rebounded slightly in August, as the shock over Britain’s vote to leave the European Union began to wear off, a leading survey showed yesterday.  

Virtusa crowned as Gamer.LK’s Dialog Gaming Mercantile eSports champs

Gamer.LK took a first historical step to bring the thrill of competitive gaming to your work place with the Dialog Gaming Mercantile eSports Championship. 

SLIM donates stationery items to flood victims

Sri Lanka Institute of Marketing (SLIM) recently completed the donation of stationery items to a large number of students who were affected by the floods, fulfilling its national responsibility during a time 

CTC introduces novel green initiative to local operations

Ceylon Tobacco Company PLC (CTC) continues to be at the forefront of energy conservation and green initiatives with cutting-edge technologies and concepts that reduce their overall carbon 

Munchee Unity Sports Festival in Badulla promotes national unity

Munchee, the flagship brand of Ceylon Biscuits Limited, recently supported the ‘Munchee Samaga Sahadarathwaye Kreeda Ulela’ (Unity Sports Festival) in Badulla. 

CONSTITUTIONAL COLD WAR & THE STALINGRAD OF THE SOVEREIGN UNITARY STATE

“We all remember the horrors of the past, the violence of three decades and the anti-democratic 

Commercial Credit supports Sri Lanka Super 7’s 2016 as Gold sponsor

Commercial Credit and Finance PLC has come on board as the Gold sponsor for the current Sri Lanka Super 7’s 2016.

Anushka Wijesinha stresses the importance of International Trade & Innovation to drive economic grow

Sri Lanka – Indonesia Business Council (SLIBC) which functions under the aegis of the Ceylon Chamber of Commerce held its 23rd Annual General Meeting

Aviraté A/W 2016 collection inspired by a blend of classic and modern

Aviraté, an international lifestyle fashion brand owned by Timex &Fergasam Group, recently launched their winter collection through a contemporary 

Award winning high jumper Manjula Kumara receives a new home from People’s Bank

People’s Bank YES brand ambassador and award winning high jumper was presented the deed to a new home by Hemasiri Fernando

“No Excuses for Goodness and Success” Forum inspires Sri Lankans to turn excuses to action

Not-for-profit NGO Foundation of Goodness today hosted a forum in Colombo to encourage and inspire Sri Lankans to say ‘no excuses for goodness or success’ 

Rocell opens store in Australia

Royal Ceramics PLC, Sri Lanka’s leading bathware and tile manufacturer famous for its Rocell brand, has opened its flagship store in Australia last week. 

SLT June quarter profit hampered by higher costs, forex losses and depreciation

The Sri Lanka Telecom PLC group’s (SLT) net profit plunged 39 percent for the quarter ended June 30, 2016 (2Q16) to Rs.1.1 billion due to higher operating costs, foreign exchange losses and depreciation charge made against the investments in new technologies, the interim accounts filed with the Colombo Stock Exchange showed. The earnings per share deteriorated to 61 cents from one rupee a share during the 12 months.