The 14th Annual General Meeting (AGM) of the Sri Lanka – Russia Business Council (SLRBC) of the Ceylon Chamber of Commerce was held recently, electing Priyantha Hapuarachchi as President for 2017/2018 who is the Chief Financial Officer at South

The introduction of the new concept ‘Enterprise Sri Lanka’ is praiseworthy and it would be a positive step to encourage the business development in the country. 

The proposed 2018 National Budget progresses the recent economic policy visions of the government. 

  Diversified conglomerate Hemas Holdings PLC continued to face challenges during the second quarter of the 2018 financial year (2Q18) ended September 2017, with a sharp fall in the bottom line compared to the same period last year, attributed

Sri Lankan businesses will find a way to pass on the taxes imposed on them to the customer despite the specific restriction not to, a senior official in the Finance Ministry said.

Nestle Lanka PLC reported disappointing numbers for the September quarter (3Q17) as the sales slowed and production cost rose sharply. The company is battling a period of high inflation and taxes, which negatively impact consumer demand and push up i

AFP: Oil producers are expected to unanimously extend a production cut accord later this month but its duration is still under discussion, the UAE energy minister said yesterday.

REUTERS: Sri Lankan shares fell for a third straight session yesterday to their lowest close in near six weeks, weighed down by declines in telecom and banking stocks after the island nation targeted both cash-rich sectors in its 2018 budget to boost

Softlogic Capital PLC yesterday divested a 7.5 percent stake in Softlogic Life Insurance PLC to foreign institutional investors in a Rs.582.3 million deal to allow the insurer to comply with the minimum public holding rules of the Colombo Stock Excha

RETUERS: The Sri Lankan rupee closed little changed yesterday as dollar conversions by exporters were offset by importer demand for the US currency and investors waited for more clarity on some budget policies announced last week, dealers said.

Hayleys Advantis Limited recently completed the second programme in their capacity building initiative under the theme ‘Inspiring Logistics in Sri Lanka’.The programme was launched

Hundreds of visitors from around the world, attending yesterday’s official public opening celebrations of the Louvre Abu Dhabi, were treated to a low-level fly-by of the Jean Nouvel designed

It seems that fruits and vegetables of the same family are fighting for their five seconds of fame. One day it’s kale and the next it’s dragon fruit. But it feels impossible to cram all these super

AFP: Police in the US state of Delaware are poised to deploy ‘smart’ cameras in cruisers to help authorities detect a vehicle carrying a fugitive, missing child or straying senior.

Global Enterprise Performance Management (EPM) software vendor, CAMMS – a world leader in planning and strategy, project, risk and meeting management software, as well 

The Global Financial Accounting Hall of Fame and the Global Management Accounting Hall of Fame Awards Ceremony were held recently, organised by the Institute of Certified Management Accountants (ICMA) Australia.

MTD Walkers PLC subsidiary Walkers Colombo Shipyard (Pvt.) Ltd recently launched the 69.4 tonne, 23-metre Fat Lady self propelled barge, which was ordered by Sanken Overseas Maldives (Pvt.) Ltd.  Pic by Nisal Baduge

The third edition of Intex South Asia, the largest and only international textile sourcing show in South Asia will be held at the Sri Lanka Exhibition & Convention Centre (SLECC) from 15th to 17th November 2017, with Prime Minister Ranil Wickrama

The Ceylon Chamber of Commerce will hold a consultation workshop with the private sector on 15th November 2017 to discuss strengthening preparedness and emergency response in  Sri Lanka.

Newly appointed CEO Alternate Rolf Blaser together with the Chairman of A. Baur and Co. (Pvt.) Ltd. Thomas Daetwyler were on a working visit in Thailand and Singapore to assess the possibilities to expand their business in the region representing pri

In celebration of the 40th anniversary of diplomatic ties between Korea and Sri Lanka, the Embassy of the Republic of Korea in Sri Lanka is organizing a variety of programmes for ‘Korea Week’ from 13th to 20th November 2017.

The first instance of a non-verbal performance which originated in Korea, Nanta is a mix of the traditional Korean rhythms of samulnori and comical scenes set in a Kitchen. 

Maskeliya Plantations PLC., owned by Richard Pieris Group of Companies awarded a brand new Land Cruiser Prado to Talawakelle Estate Senior Cluster Manager Iroshan Weerakoon.

Luxury Brands secured four awards under the alcohol and tobacco category at this year’s National Sales Congress (NASCO), organised by the Sri Lanka Institute of Marketing.

The futuristic 2018 budget was inspired by the classic science fiction television show Star Trek, Finance and Mass Media Minister Mangala Samaraweera said at the E&Y post-budget forum. “In fact, the whole thrust of the budget and the &lsquo

Land prices in Colombo have been hotter than anywhere else in the island and as of late the prices have been growing at an exponential pace due to the pent-up demand for government and private lands created by various projects from commercial to luxu

Sri Lanka’s Finance Minister Mangala Samaraweera appeared to have heeded the long drawn out call by the poultry farms - high cost of maize - which plagued the industry for years as the government decided to allow importation of maize to bridge

  Two apex lobby groups in the shipping and logistics industry this weekend cried foul over Finance and Mass Media Minister Mangala Samaraweera’s proposal to open up the industry to further foreign ownership in companies.The Ceylon Associ

Expolanka Holdings PLC reported a loss of Rs.138.4 million for the three months ended in September (2Q’18) compared to a profit of Rs. 242.8 million recorded in the same period last year due to both external and internal factors weighing on its

Blue Mountain Achillieon won the ‘Best Condo Architectural Design’ at a gala event at the ‘Asia Property Awards’ held on 8th November 2017 at Sands Expo & Convention Centre