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Perfetti Van Melle (PVM) Sri Lanka recently announced that they are commencing local manufacturing of its much loved brand ‘Mentos’ for the first time in Sri Lanka, enabling them to offer consumers a wider range of products under the Mentos brand at affordable prices.
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In light of the new Free Trade Agreement (FTA) signed last month, which is the first FTA Sri Lanka has signed in over a decade, the Ceylon Chamber of Commerce will hold a seminar titled ‘Expand your business opportunities through Sri Lanka-Singapore FTA”, on 16th February.
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A delegation of 59 Chairmen, Chief Executive Officers and leading officials of some of the largest, most important and best known Japanese companies visited Sri Lanka on a special invitation of the Prime Minister and participated at the Sri Lanka-Japan Economic Forum organized by the BOI at the Shangri-La Hotel.
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Sri Lanka’s iconic malt beverage Nestomalt has launched a delicious new Ready-To-Drink (RTD) variant, Nestomalt Gold. Creamy and instantly refreshing, Nestomalt Gold caters to young adults looking for a unique consumption experience.
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Replete with nutritional elements espousing herbal value, tracking down to heavenly magnificence, aloe vera sap-based Aloe Koma herbal soft drink has been introduced by Ira Handa Weda Gedara. Aloe Koma strikes particular in that it soothes inflammation caused by gastritis in your stomach bringing about instant relief. At the same time, it is capable of mitigating adverse effects of alcohol and other beverages which can degenerate your liver
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Keells Food Products PLC recently won the Gold award in the Food and Beverages category at the 53rd Annual Report Awards competition organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), whilst Ceylon Cold Stores PLC the market leader in carbonated soft drinks and ice creams won the silver award.
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Pee Bee Management Services Pvt Ltd, manufacturer and owner of Flora Tissues was recently awarded Asia’s Greatest Brand including the company’s Managing Director Kishore Surtani being recognized and named one of Asia’s Greatest Leaders at the second edition of Asia’s Greatest Brands and Leaders 2017.
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The Treasury managed to collect Rs. 1.7 trillion in revenue from January to November 2017, recording a 11.4 percent increase compared to the corresponding last year, pushing the government finances further into a primary surplus, despite overall fiscal slippage.
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A Ceylon Hotels Corporation (CHC) subsidiary will be forming a joint venture with a subsidiary of the China Harbour Engineering Company Limited (CHEC) to develop a US$ 50 million, 85-100 room resort in the Maldives.
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The Auditor General has highlighted a possible loophole in the laws governing the ‘30 percent’ housing and medical refund scheme, through which well over Rs. 40 billion has been withdrawn from the country’s largest retirement fund since 2015.