Over 300 companies to participate at Jaffna International Trade Expo this month

The Northern region of Sri Lanka will welcome once again for the 7th consecutive year, the Jaffna International Trade Fair (JITF 2016). Considered by the people in the North as the largest exhibition and consumer fair, the event takes place from the 29th – 31st of January in Jaffna.

Litro Gas sponsors Miss Tourism Sri Lanka Int’l 2016

Litro Gas, the largest importer and market leader of Liquefied Petroleum Gas (LPG) in Sri Lanka, stepped up as a sponsor for the upcoming Miss Tourism Sri Lanka International

Land Rover partners the Galle Literary Festival 2016

?The Galle Literary Festival (GLF) is one of Colombo’s most-looked-forward to and renowned cultural events, GLF 2016 kicks off this week and features a myriad of writers

How to rethink pricing at container terminals

Companies in many industries have long charged different customers different prices. For example, metro transit operators offer lower off-peak fares to balance loads across the day; cinemas charge more for 3-D movies; airports let you pay for a fast track to jump the line

High-profile EU delegation due next week to discuss GSP Plus

A high-profile mission from the European Union (EU) headquarters in Brussels comprising of officials from the European Commission (EC) and the European External Action Service (EEAS)

Horizon Campus partners with Access Group to invest in high-tech campus

?In the wake of a series of successes achieved last year, Horizon Campus known for its spacious and modern campus in Malabe, plans to ground break for another state of the art Campus which will be a BOI approved project during the year 2016.

Interest galore for Colombo International Finance Centre

?Finance Minister Ravi Karunanayake says over 50 local and foreign financial institutions have expressed their desire to link up with the Colombo International Finance Centre (CIFC)...

Sri Lanka turns to mystery investor in bid to defend rupee

RUETERS: An unidentified investor has promised to park US $ 1 billion in dollar deposits in Sri Lanka to help the island nation defend its currency, the Finance Minister told Reuters, in an unusual move that highlights the country’s precarious finances.

Shippers’ Academy organizes Certified Master class on Customs HS codes

?Wherever a company or an individual wants to work in an international trading environment, HS knowledge is a key tool for operating efficiently and identify products and duty structures.

The fishermen’s problems on the West Coast: Are NGOs missing the woods for the trees?

Dr. Roxy Mathew Koll, a Climate Scientist at the Indian Institute of Tropical Meteorology, in his report published in the ‘Geophysical Review Letters’ website on December 15th 2015

Softlogic group hospital firms settle IFC loan

Three Softlogic group companies yesterday said they settled a US $ 20 million loan that was taken from the International Finance Corporation (IFC) in 2010.

Importance of balanced higher education for future corporate leaders

?Quality in learning is what separates a good candidate from a great leader in the increasingly competitive job market today. 

Major win for Oman Air North India Travel Awards 2015

?Oman Air’s outstanding products and services have been acknowledged at the North India Travel Awards. At a glittering ceremony held recently at Hotel Crowne Plaza, Jaipur, the national carrier of the Sultanate of Oman was presented with Best International Airline Award 2015.

Emirates hosts Lankan travel agents at Dubai Rugby Sevens

?Representatives of leading travel agencies in Sri Lanka were provided an opportunity to witness first-hand the fast-paced action of the Dubai Rugby Sevens in December by Emirates, the global connector of people, places and passions and title sponsor of the tournament. 

Decline in air freight volumes bottoms out

?The International Air Transport Association (IATA) released data for global air freight markets showing air cargo volumes (measured in freight tonne kilometres (FTK)) were down 1.2 percent in November 2015...

Kuwait Airways introduces special Business Class fares for Oasis members

?Kuwait Airways, the national carrier of the State of Kuwait, has introduced special Business Class fare for Oasis Club members. 

Say hello to new destinations with Emirates’ global offers

Ringing in new adventures for the new year, Emirates is launching its much-awaited global sale to inspire and encourage travellers to explore new destinations and revisit their favourite cities. 

Qatar Airways launches first-of-its-kind Travel Festival

?Qatar Airways has launched a first-of-its-kind Travel Festival offering travellers an exceptional choice of dream deals suited for a variety of travel needs. 

Sri Lanka sells US $ 75mn in development bonds

Sri Lanka yesterday opened bidding for a development bond issue worth US $ 75 million, the Public Debt Department of the Central Bank said in a notice.

Harvard alumni engage PM on entrepreneurship and brain gain

At the youth session of the Sri Lanka Economic Forum held last Friday, timely and mindful exchanges took place between the panel and two Harvard alumni on the areas of local entrepreneurial support and brain gain.

Prof. Mahadevan to conduct CA Sri Lanka leadership programme

?World-renowned speaker Prof. B. Mahadevan will be in Sri Lanka in February on the invitation of the CA Sri Lanka Business School to conduct a one-day programme on ‘Spirituality & Inspirational Leadership.’ 

Analysts say bourse needs to brace for a taxing year

Prospects for Sri Lanka’s stock market this year remain rather bleak though some market analysts say the situation may improve towards the latter part of the year provided the confidence factor in place. 

Ceylon Chamber Import Section ‘Single Window System’ forum tomorrow

?The Import Section of the Ceylon Chamber of Commerce together with Sri Lanka Customs will hold a forum tomorrow (January 13, 2016) to create industry level awareness about the newly launched ‘SL Custom’s Single Window System’.

Pakistan mega trade exhibition, B2B meetings to kick off on Jan. 15

?The Trade Development Authority of Pakistan (TDAP) in collaboration with the High Commission of Pakistan, Colombo will hold a mega single country exhibition from January 15 to 17, 2016, at the BMICH Colombo.

Ceyoka Engineering lights Colombo Port’s East Container Terminal Yard

?With a reputation for excellence and strong adherence to world class standards, Ceyoka (Pvt) Ltd has firmly established itself as a pioneer and market leader in diversified sectors.

Flexiprint wins Presidential Export Awards for 4th consecutive year

Flexiprint – the leader in manufacturing, marketing and supplying finely printed tea bag tags, envelopes and tagged pyramid mesh to the tea industry – was awarded the Presidential Award for Exports..

Thermo Plastics wins Gold Flame Award at Sri Lanka National Energy Efficiency Awards

?Thermo Plastics (Pvt) Ltd., a pioneer in flexible packaging in the apparel industry was recently recognized by the Sri Lanka Sustainable Energy Authority (SLSEA)

Spurs sponsor AIA finds that arch rival Arsenal has Sri Lanka’s favourite player!

Sri Lanka’s Arsenal fans have spoken. Mesut Ozil is Sri Lanka’s favourite English Premier League (EPL) player! Inarguably his incredible form this year (and considerably good looks!) played a big part in this result

Nokia: A lesson in how the high and mighty can fall fast

When many of us started using a mobile phone in the 90s, the Finish company Nokia and the US company Motorola dominated the hand phone market. Unfortunately...

Metropolitan facilitates Asian photo expert’s meeting

?Teoh Peng Kee, a renowned Asian photography expert was in Colombo recently on the invitation of Metropolitan Photohub the exclusive Distributor for Canon cameras to share his vast experience and knowledge on EOS photography, during a series of workshops organized by the company.