The Board of Investments (BOI) regulations, which limit companies operating in free trade zones from selling in the local market, may be relaxed, Development Strategies and International Trade State Minister Sujeewa Senasinghe said.

Sri Lanka yet again showcased its dominance as the regional hub for telecommunications with Dialog Axiata demonstrating 5G (Generation) Technology for the first time in South Asia, paving the way

The developer of luxury condominium - ‘447 Luna Tower’ - Union Place Apartments (Pvt) Ltd, a member of Belluna Co. Ltd, Japan in alliance with Asia Capital PLC, completed the pilling stage for the project in April and is on schedule to co

Sri Lanka’s exporters yesterday expressed their appreciation to Finance and Mass Media Minister Mangala Samaraweera for deciding to continue with the current Simplified Value Added Tax (SVAT) despite the plans of his predecessor to the contrary

Odel has added another 10,000 square-feet to its flagship store at Alexandra Place, offering shopaholics an opportunity to explore internationally designed spaces built by Blocher Partners; the Germany headquartered architecture firm that designed th

A&E, a global leader in premium quality industrial and consumer sewing thread, embroidery thread and technical textiles, announced this month its strategic alliance with CGS, a provider of business applications, enterprise learning and outsourcin

Cummins distributor Trade Promoters Limited (TPL) has been selected to provide the critical emergency power for the new 814-bed teaching hospital, the General Sir John Kotelawala Defence University (KDU) Teaching Hospital. 

All licensed telecommunications operators yesterday announced that all mobile and fixed line subscribers will be granted a 10 percent bonus usage on internet packages/cards as a special gesture to mark the removal of Telecommunication Levy by the gov

EGUARDIAN Lanka, a value-added distributor of Fortinet cybersecurity solutions in Sri Lanka, unveiled the country’s first Fortinet Technical Assistance Center (TAC) at World Trade Centerrecently. 

Mastercard has joined hands with Educate Lanka to empower Sri Lanka’s young women as part ofits “Doing Well, Doing Good” initiative.As part of the collaboration, Mastercard will fund a scholarship 

In recognition of its innovative financial solutions, Amãna Bank was recently invited to take part at the Innovation Exhibition organized by the Islamic Development Bank (IDB) which was held on along

LB Finance PLC saw its margins coming under pressure as the funding cost escalated and the new loans and leases showed signs of slowing down during its most recent quarter but the company managed to maintain profitability, LB Finance interim financia

Building on the success of its growing network of merchants and customers, Sri Lanka’s fast-growing startup, PAYable, announced the successful completion of a round of funding that will set the pace for a new wave of credit and debit card usage

Kone, a global leader in the elevator and escalator industry, has expanded its operations in the Sri Lankan market and have entered into a distribution agreement with Scan Technologies Global Private Limited, which has over ten years of experience in

Nestomalt has further enhanced its nutritional profile with the launch of all-new Nestomalt Plus.  Enhanced with the goodness of oats, the new beverage is tailor-made for modern consumers with a busy routine, to support them in living an active

Inflation, as measured by the change in the National Consumer Price Index (NCPI), which is compiled by the Census and Statistics Department, remained unchanged from the previous month at 6.3 percent in July 2017, on a year-on-year (YoY) basis. 

The importance of living wage has been recognized for centuries, and it was recently encapsulated in the UN Sustainable Development Goals. 

When developing a country, political matters have to be clearly differentiated from economic matters, because politics leads to elections, conquering the power, establishing groups to influence public opinions and so forth, while economic matters lea

The newly-elected President of the Sri Lanka Chamber of Pharmaceutical Industry (SLCPI), Shyam Sathasivam, Managing Director of Sunshine Healthcare Lanka (Pvt.) Ltd, urged the government to consult and collaborate with all key stakeholders to address

The National Institute of Exports (NIOE) was set up by the National Chamber of Exporters of Sri Lanka (NCE) to conduct professional training programmes and promote professionalism in the field of exports. 

TMI Solutions (Pvt.) Ltd Chairman Chrisantha Mendis and TMI Solutions Director Chris Mendis visited Nihon Kohden Corporation President and CEO Hirokazu Ogino at Nihon Kohden Head Quarters Tokyo, Japan recently.

Afghanistan Charge d‘affairs to Sri Lanka, Munir  Ghiasy will be the Special Guest Speaker on ‘Bilateral Trade Between Sri Lanka and Afghanistan’ on Thursday 31 August at the National Chamber, from 3.00p.m to 4.30p.m at No.450,

The Tourism and Christian Religious Affairs Ministry is aiming for an even more ambitious conference centre project to develop MICE (meetings, incentives, conferences and exhibitions) tourism than was envisioned in the last two government budgets, ac

Hyundai LankaSales and MarketingHeadTharanga Vithanagewas recognized amongst Asia’s Top 50 Brand Leaders at the eighth CMO Asia Awards for Excellence in Branding and Marketing, held in Singapore recently.

Sapath Systems is a one stop IT solution provider with more than 30 years of experience in the industry  offering innovative IT solutions such as remote system support and recovery, data protection, recovery and backup, cloud base solution, secu

Unilever Sri Lanka’s latest television commercial (TVC) on ‘Laojee’ tea has garnered attention and respect, breaking through the clutter of media messaging. 

Engagement and experience are the new value adds that consumers are demanding from the brands and businesses that are clamouring to woo them. Customers are now at the head of the table, expecting agile product and service experiences. 

The ‘Business Opportunities Bulletin’, a weekly publication issued by the Ceylon Chamber of Commerce is now available for subscription for the period of 2017 – 2018. The ‘Bulletin’ (BOB) is a highly valuable resource for

Sri Lanka Institute of Marketing (SLIM) held its second inauguration of the Chartered Institute of Marketing (CIM) classes for the current year recently at SLIM Home, Colomb

SLIM Marketing Roks, the vibrant marketing programme for school children, innovated by the Sri Lanka Institute of Marketing (SLIM) had its grand finale recently at the BMICH.