The Sri Lanka Retail Forum 2017, is scheduled to take off on 13th of September in Colombo, under the theme ‘Winning the New Consumer: Energizing Retail’.   The Forum will be the Retail industry’s premier event.

The National Chamber of Commerce of Sri Lanka in collaboration with Sri Lanka Customs will conduct a business forum with a team of high-ranking officials of Sri Lanka Customs on August 23rd from 3.00 p.m to 5.00 p.m at the National Chamber Auditorium

The Sri Lanka Export Development Board (EDB) is organizing a half day seminar on “Digital Doors to Trade” for Sri Lankan exporters on consumer items to create an awareness on Business-to-Business (B2B) and Business-to-Consumer (B2C) digit

It is presumed that on average a Sri Lankan can lose up to 50 working hours per year on waiting time for core service offerings. 

Maliban recently launched their latest custom-made biscuit for children. Kids in the age group of 3 years and above enjoyed a spelling activity using the alphabet shaped biscuits at the La Petite Fleur House of Children Ratmalana on August 9th.&

A revolutionary car umbrella has been introduced to the Lankan market by the country’s premier umbrella manufacturer, Kandurata umbrellas. 

 Sritrims (Far East) Ltd Hong Kong recently unveiled their summer 2018 fashion accessory collection in London, UK.

Size does matter in television, in recognition of which, retail giant Softlogic has launched two new large screen TV models in its ‘Softlogic Prizm’ portfolio, enhancing choice and affordability for TV buffs.

Sri Lanka’s fastest growing, homegrown taxi hailing service PickMe recently debuted its newest feature ‘PickMe VIP’ which is a fleet chauffeur-driven, luxury cars that cater to premium clients and corporates. 

It is presumed that on average a Sri Lankan can lose up to 50 working hours per year on waiting time for core service offerings. These include finance, government services

Takas.lk, one of Sri Lanka’s largest Electronics Mall, and Visa, the global digital payments technology network, have teamed up to announce a new campaign to offer all Visa cardholders 12.5 % discount 

Cabinet approval was granted this June to abolish SVAT on January 1, 2018 subject to parliamentary approval. The SVAT abolishment was originally scheduled to become effective from April 1, 2017.  

Sri Lanka Association of Printers will be holding their annual ‘Print Owners’ Get Together’ from 6.30 p.m. on Friday 18th August, 2017 at the Ball Room of Taj Samudra Hotel, Galle Face, Colombo 3.

Upholding its commitment to the country’s business community, DFCC Bank has moved forward to support the Colombo International Tea Convention which was held from 8th to 11th August, as a strategic partner. 

Diversified conglomerate Hemas Holdings PLC to a certain extent was able to weather the slowing consumer demand during the March-June quarter (1Q18) thanks to a strong show by its hospital and logistics and maritime operations.

REUTERS: The Sri Lankan rupee ended slightly weaker yesterday as dollar demand from importers outpaced the selling of the U.S. currency by banks and exporters, dealers said.

Sri Lanka’s likelihood of experiencing a debt shock via state-owned enterprise (SOE) contingent debt may remain high until at least September 2018 due to delays in implementing energy sector cost-reflective pricing formulae, an International Mo

Muhunthan Canagey, who had served as the Managing Director/CEO of the government’s information technology facilitation arm, the ICT Agency (ICTA) since 2015, resigned yesterday upon the insistence of President Maithripala Sirisena.

The slowing appetite for new loans amid higher interest rates appeared to have had limited impact on Sri Lanka’s largest private lender by assets as the bank had little trouble in growing its assets faster than most of its competitors, which su

Ceylon Tobacco PLC (CTC), which holds a virtual monopoly over manufacturing and distributing of cigarettes in Sri Lanka, saw its net profit for the period ended June 30, 2017 (2Q17) falling 3 percent year-on-year (YoY) to Rs.2.95 billion amid dwindli

President John Hilton on behalf of the trustee board of the Institution of Mechanical Engineers U.K. awarded the Presidential Award for meritorious services to institution’s Southern Asia Regional Chairman at their headquarters in Westminster,

Upholding its commitment to the country’s business community, DFCC Bank has stepped forward to support the Colombo International Tea Convention from 8thto 11thAugust 2017, as a Strategic 

93 Million at the half year ending June 2017. This compares to a loss of Rs.42 Million over the same period in 2016. The Group’s Gross Written Premium (GWP) of Rs.1.93 Billion is a 3% upside over

Celebrating the 150th Anniversary of Ceylon Tea

A regulatory credit crunch may likely be implemented for the construction and real estate sectors to protect the financial system, the Sri Lankan government had said in a letter to the International Monetary Fund (IMF). 

AIA Insurance Lanka PLC reported enhanced top and bottom line performances during its second quarter (2Q17) and its first half of 2017 (1H17) showing signs that the local unit of the world’s second biggest life insurer by market value is on cou

Sri Lanka’s plantations ministry recently called for industry stakeholders to be more collaborative in its efforts to ensure the retention of a competitive position in the global market, and warned failing to do so would result in the county fu

The country’s Finance Ministry under the new Minister Managala Samaraweera is gearing up to present a performance-based budget this November for the year 2018, where the focus would be placed on results and key performance indicators (KPIs).

Nestle Lanka PLC reported relatively subdued financial performance during first half of 2017 (1H17) as the weak consumer spending hit the local unit of the Switzerland-based world’s biggest food and beverage company.

The Sri Lankan unit of Indian Oil Corporation, Lanka IOC PLC (LIOC) turned a net loss of Rs. 135.2 million in the April - June quarter (1Q17) from a net profit of almost Rs.2.0 billion reported during the same period last year, the interim financial