Logistics and warehouse supplier, Expolanka Holdings PLC, saw its profits for the June quarter being adversely affected by the pressure on yields in certain key trade lanes and the losses made by the group’s other investments. 

The financial sector regulatory bodies have started closer cooperation among themselves in recent months by establishing two regulatory processes to reduce the gaps in regulatory oversight, the Central Bank said recently.

Ceylon Grain Elevators PLC, a poultry group that operates a feed mill, has appealed to the government to allow it to directly import maize as the local prices remain elevated and the import restrictions have begun to hurt operations. 

Advantis Bunkering was recently awarded the International Occupational Health and Safety Assessment Series certification or OHSAS 18001:2007 by Société Générale de Surveillance (SGS

The Sri Lanka Retailers’ Association (SLRA) under the patronage of the Ministry of Tourism Development and Christian Religious Affairs and in collaboration with the Sri Lanka Tourism Promotion Bureau (SLTPB) is organizing the ‘Colombo Int

CHEC Port City Colombo has signed up with MTI’s idea2fund, thus demonstrating their commitment to Sri Lanka by helping to identify and groom emerging Sri Lankan entrepreneurs.

“Our labour force should step up and needs exposure to a higher level of skills if Sri Lanka is serious about seizing maximum advantage of the ‘One Belt-One Road’ (OBOR) initiative” expressed Sunshine Holding’s Group Man

Plastindia Foundation of India invited Sri Lanka’s plastic industry players to take part in the largest plastic exhibition, to meet new plastic equipment suppliers and manufacturers.

Collaborating with an employers’ organization for the first time, the International Training Centre of the International Labour Organization, (ITC - ILO) recently entered into an MoU with the Employers’ Federation of Ceylon (EFC) in launc

The Sri Lanka – Malaysia Business Council was inaugurated on February 23, 1994 under the aegis of the Ceylon Chamber of Commerce at the request of the Ministry of Foreign Affairs and the Board of Investment of Sri Lanka. 

AFP: Singapore Airlines said yesterday it is offering cabin crew unpaid leave in a cost-cutting measure as it struggles to keep up in an increasingly tough market. 

AFP: Japanese auto giant Toyota and smaller rival Mazda said yesterday they agreed a capital tie-up to focus on joint development of electric vehicles, while building a US$1.6 billion factory in the United States which will create up to 4,000 jobs.

Rimbun Forensic Advisory Sdn Bhd, the partners representing Foresptin in Malaysia, signed the memorandum of agreement (MOA) with Asia Pacific University Malaysia (APU) to enhance the undergraduate and postgraduate learning experiences on Forensic Acc

People around the world prefer the use of shampoo over soap because of a number of reasons.  Most of them use it to because it clears away any foreign residue, some of them because it gives a good smell or some people use them as treatments for

REUTERS: The Sri Lankan rupee was little changed yesterday, as mild importer demand for the dollar offset light greenback sales by banks in dull trade ahead of the long weekend, dealers said. 

Wild Stone, a renowned brand of men’s body deodorant, recently introduced to the Sri Lankan market by American Remedies, announced the launch of a special promotion for consumers at an event held in Colombo.

Nestlé Professional, Nestlé’s out-of-home food and beverage solutions provider, joined hands with the Chefs Guild of Lanka to become the Diamond sponsor for Culinary Art Food Expo 2017. The partnership marks Nestlé Professi

REUTERS: China is on pace to overtake the United States as the world’s biggest oil importer this year, cementing its status as Asia’s most pivotal oil market actor that will increasingly dominate the region’s fuel trade. 

ReeBonn Cosmetics (Pvt.) Ltd, one of the foremost herbal cosmetic companies operating in Sri Lanka, has introduced an assortment of brand-new face wash products with enhanced quality. All these products come in user-friendly containers.

The Financial Intelligence Unit of the Central Bank of Sri Lanka (FIU-Sri Lanka) entered into Memoranda of Understanding (MOUs) with the China AML Monitoring and Analysis Centre and Financial Intelligence Unit (FIU) of the Kingdom of Bhutan at the 20

National Development Bank PLC (NDB) initiated the NDB Toastmasters Club on October 31, 2013 and joined the Global Toastmasters fraternity. Since its inception, NDB Toastmasters Club has completed four very successful years and has helped many staff m

LG, one of the most popular global brands for home appliances, continues to redefine how we get our laundry done with its latest addition to the LG washing machine range – LG TWINWash. 

Ceylon Tea will get a makeover this August when Michelin Star Chefs Tom Aikins and Jason Atherton infuse their award-winning brand of cuisine with the best tea in the world at the first-ever Ceylon Tea Festival. 

Adding further accolades to its already extensive local and international award portfolio, Colombo’s favourite suburban hotel, Waters Edge, and its culinary team performed outstandingly at the recently concluded Culinary Art & Food Expo, wh

AFP: Sri Lanka’s Supreme Court has effectively shot down a sweeping overhaul of the island’s tax system, calling the proposed legislation unconstitutional, the country’s parliament speaker told lawmakers yesterday.

Deutsche Gesellschaftfür Internationale Zusammenarbeit (GIZ)is hosting an Organic Pavilion at the ongoing ProFoodProPack 2017 exhibition, which is being held at the Sirimavo Bandaranaike Memorial Exhibition Center, in order to promote Sri Lanka&

Sampath Bankfurther extended its growth momentum in the 2nd quarter of the year and recorded apost-tax profit of Rs 5.7 Bn for the six months ended 30th June 2017.This registered an impressive 

Sri Lanka’s most comprehensive and accurate tender alert service, eTenders.lk, is ripping through red tape and greatly improving transparency in the tender issuing and procurement processes

The Singer Computer Academy, among the main academies of Singer Business School, backed by Sri Lanka’s most diversified company - the Singer Group, held its inaugural graduation recently. Students who completed their ‘Skills Proficiency A

Sri Lanka’s number-one cable manufacturer, ACL Cables PLC achieved the prestigious Master Brand status for 2017, conferred by Chief Marketing Officers (CMO) Asia in partnership with the World Marketing Congress.