The smooth functioning of SriLankan Airlines’ codeshare partnerships in the Western and Central European regions contributed in a significant manner to the growth of tourist arrivals to Sri Lanka in 2016, which expanded by 14 percent and crosse

Bank of Ceylon (BOC) is set to offer 2000 ‘Ran Kekulu’ scholarships each worth Rs.15,000 for 2016 Grade 5 scholarship achievers. 

Since 1978 Jean Ilg has been regularly visiting Baurs. As a member of the Baur Foundation, he has shown his dedication to the development of Baurs for many years and frequently visited Sri Lanka.  Though his son has taken over most of his functi

Ocean Lanka which commenced its operations in 1996, celebrated 20 years of service in the clothing industry on the 27th of December 2016. The celebration was held at the Hilton Colombo, where several employees who completed 20 years of service were a

REUTERS: Boeing Co fell 80 planes short of its goal for new orders in 2016, but likely clinched the title of world’s biggest planemaker for another year.

Give2Lanka (Gte) Ltd hosted a successful full house fundraiser on October 29, 2016 at Majestic City, where proceeds from the movie tickets sold to the general public were  directed towards HUDEC’s initiatives to support the vulnerable in t

KIU University (located in Battaramulla) has since of late began offering Chinese acupuncture treatment for free for patients who so wish to avail themselves of it.

L.G Farm (Pvt) Ltd, a broiler production, processing and marketing company based in Minneriya, secured the merit award for the large category at national level at the Entrepreneur of the Year 2016 contest, organized by the Federation of Chambers of C

REUTERS: A snowstorm forced the closure of Turkey’s key shipping straits and sweeping flight cancellations on Saturday, while hazardous roads left many drivers stranded overnight in Istanbul, a city of 15 million people.

The all-new Jaguar F-PACE was revealed to the world with a spectacular gravity-defying performance on the eve of the Frankfurt Motor Show

Leo Burnett Sri Lanka, the local office of the global advertising network Leo Burnett Worldwide,will present the eighth edition of Leo Art

Sri Lanka has been able to end 2016 with gross official reserves just above US $ 6 billion after reserves hit their lowest levels in 5 years in June, the latest Central Bank data showed. 

The Central Bank will soon initiate a full-scale investigation into the recent allegation made by Finance Minister, Ravi Karunanayake, that the Central Bank distributed Rs.13.0 billion worth of 5,000 rupee notes two days prior to the presidential ele

A meeting was held last Friday at the Ministry of Special Assignments under the chairmanship of Minister Dr. Sarath Amunugama to discuss a project proposal for the establishment of a six-star hotel of the reputed international hotel chain, Four Seaso

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

Movenpick Hotel Colombo, the capital city’s first new international five-star property in 25 years, was inaugurated by President Maithripala Sirisena on Saturday amid many distinguished guests attending the event. 

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

One reason I enjoy working in the marketing and branding field is that the work is never the same.  The way entrepreneurs market their products and reach their customers continuously changes – good for those who stay up-to-date with the la

Understanding the pivotal role school Principals play as decision makers in schools, the Chartered Institute of Marketing (CIM) Sri Lanka recently hosted its inaugural Principals’ Forum under the theme ‘The new age education’ in Dec

Last week, we reviewed three types of zones on business renewal: Anticipation, Adaptation, and Reaction.  This week also we continue on the same point. 

Janashakthi Insurance PLC, a leading Insurance provider in Sri Lanka, announced the appointment of Stuart Chapman as Director/Chief Executive Officer for its Life Business with effect from January, 1, 2017.

REUTERS: Deutsche Bank AG agreed to pay US $95 million to resolve a U.S. government lawsuit accusing the German bank of tax fraud for using “insolvent” shell companies to hide significant tax liabilities from the Internal Revenue Service