Diversified conglomerate Laugfs Holdings is set to mark another monumental milestone by being the first to register a vessel at the Hambantota Port, a company statement said.  The announcement was made together with the purchase of another LPG v

Sri Lanka’s Board of Investment (BOI) Chairman Upul Jayasuriya has requested Sri Lankan entrepreneurs to be sharp and find the right foreign partners to go to the next level, as there are numerous possibilities in the offing.

The Finance Ministry is currently developing the platform that online booking websites would have to become subservient to, the country’s tourism officials said last week, although refusing to provide information on how far discussions with the

REUTERS: Sri Lankan police used tear gas and water cannons on Saturday to disperse hundreds of stone-throwing demonstrators protesting against a planned investment zone supported by China. Hospital authorities said at least 21 people were injured in

The young talent of Sri Lanka have for the first time a platform to promote their work to an international audience and its shaping up to the coolest event in Sri Lanka.

Deen Brothers Imports (Pvt) Ltd has been recognized with Silver Award for Southern Province and National Level Silver Award for their excellent service with the best machinery and electric appliances at fair prices for the Sri Lankan industries at th

 One day  workshop on export procedures and documentation  will be conducted on January  18th  from 9.00  a.m to 4.30 p.m  at the chamber auditorium  in Colombo – 10.

Property developer Overseas Realty (Ceylon) PLC (OSEA) saw its group net profits for the quarter ended December 30, 2016 (4Q16) edging down by 6.2 percent to Rs.754.7 million or 85 cents a share from a year ago, the financial accounts filed with the

At this week’s ex estate tea auction held on 04th January2017, an invoice of PF1 from Carolina Estate, Watawala, secured an all-time Colombo Tea Auction record price of Rs.610/ per kg-.  This tea was purchased by M/S. Stassen International

A programme aimed at stimulating growth of the SME sector that will enable entrepreneurs to compete locally as well as internationally through government engagement and support will get underway soon, Industry and Commerce Minister Rishad Bathiudeen

Literature is replete with descriptions of food or paeans about the importance of food. 

In a bid to expand the retail merchant network and provide a wider choice of products with a multitude of great deals to its membership, CH17 has entered into a partnership with MyDeal.lk. 

Pelwatte Dairy Industries Ltd, a leading manufacturer of locally produced dairy products has since its inception supported the local dairy industry and is on a quest to making Sri Lanka self-sufficient in milk.

Umaya Enterprises was honoured with the excellence award as the most outstanding company for its contribution towards Sri Lanka’s transport (rent a car) sector at the FLAME Awards – 2016 held in Colombo recently. 

The Christmas tree at Galle Face, Colombo, which was hailed as the world’s tallest, is currently being dismantled, although Guinness World Records had told Daily Mirror that Sri Lanka has yet to apply for the achievement. The tree was construct

AFP - Thai authorities yesterday warned of flash floods across the south as torrential rains lashed the region leaving at least six people dead, delaying flights and disrupting holidays during peak tourist season.

iflix, the world’s leading Internet TV service for Southeast Asia, offering subscribers unlimited access to thousands of TV shows, movies and more, is thrilled to premiere its latest science fiction drama, Aftermath, available only on iflix.&nb

AFP - The hunt for missing flight MH370 will end in two weeks, Malaysia’s transport minister said yesterday, as relatives of passengers demanded authorities push on with the search. 

AFP - China yesterday hiked the yuan against the dollar in its biggest one-day increase since 2005, after the greenback fell against leading currencies the previous day. 

The International Labour Organization (ILO) is to launch its report, ‘World Employment and Social Outlook – Trends 2017’, on January 12th. 

REUTERS: The Sri Lankan rupee traded weaker yesterday due to dollar buying by foreign banks and importers, but the Central Bank’s moral suasion continued to prevent further decline, days after the monetary authority signalled a change in its in

AFP - Canada’s international trade minister said Thursday that pressure by US President-elect Donald Trump would not keep American firms from investing in Canada or prompt them to withdraw any investments already made. “The fact that Cana

Bank of Ceylon (BOC) Christian Association celebrated its 51st Christmas carol service recently. The first carols service was held on December 17, 1965. 

Leo Burnett Sri Lanka, the local office of the global advertising network Leo Burnett Worldwide, is gearing up to host the eighth edition of Leo Art at the Galle Literary Festival, which brings the creative community, writers and artists from across

Angeline Dhevagunanesan was awarded the Prof. Lakshman R. Watawala Founder President Gold Medal for the best all-round student 2015/2016 at the graduation ceremony 2016 by chief guest Industry and Commerce Minister Rishad Bathiudeen,

AFP - Economic forecasting ‘is to some degree in crisis’, the Bank of England’s chief economist has said after it misjudged the fallout from Britain’s vote in favour of Brexit.

China Merchants Port Holdings (CMPH), the Chinese company with which government plans to enter into an agreement to develop Hambantota port, will still go ahead with the deal minus the 15,000 acres of industrial land, which would make the port viable

The Central Bank is likely to issue a formal directive in due course to the effect of higher minimum capital requirements for licensed banks after the Monetary Board, the institution’s governing body, studies the proposal as they are well in fa

REUTERS: Sri Lanka will aim to attract US $50 billion of mostly foreign investment in the next five to 10 years to help develop its infrastructure, Prime Minister Ranil Wickremesinghe  said this week.

Sri Lanka’s premier business chamber, Ceylon Chamber of Commerce (CCC), yesterday gave thumbs up for the Central Bank’s recently released monetary policy road map for 2017 and called on the country’s business community to support th