Kalamazoo Systems PLC yesterday said it was planning to raise Rs.1.56 billion through a rights issue, subject to shareholder and the Colombo Stock Exchange approval. 

The Import Section of the Ceylon Chamber of Commerce is organising a seminar to discuss the proposed new Customs Law and the change in the current Customs Ordinance.

Today, succession planning is a very important leadership process and a growing number of firms have formal plans in place. Yet, many firms and sole proprietors have a great deal of succession planning work ahead of them. Among the challenging statis

Since 2013, the ‘One Belt, One Road’ (OBOR) initiative has become the centrepiece of China’s economic diplomacy. The essence of OBOR is to promote regional and cross-continental connectivity between China and Eurasia. The ‘One

Hemas Consumer Brands held its Distributor Convention recently at the Galle Face Hotel, Colombo.   The event was organized to recognize long standing distributors for their commitment towards the success of Hemas Consumer Brands.

Aditya Birla Fashion and Retail Ltd (ABFRL), through the leading Indian menswear brand Peter England entered Sri Lanka recently in partnership with Softlogic Holdings to take advantage of the country’s growing retail market.

As part of their continued commitment to extend exciting opportunities for career and skill development, Ceylon Tobacco Company (CTC) recently assigned Ramesh Nanayakkara, Head of Production, for a two-year stint to Papua New Guinea. 

Nations Trust Bank recently joined hands with The Carbon Consulting Company (CCC) to strengthen their corporate sustainability proposition, through receiving CarbonConscious Certifications for its Head Office in Union Place and two other main offices

D. Samson & Sons (Pvt) Ltd opened a second Puma showroom on the 8th of August in Colombo 05. Thusitha Rajapaksa, the Managing Director of D. Samson & Sons (Pvt) Ltd, presided over the opening ceremony along with the Director of  D. Samso

The annual HSBC Premier Golf Tournament will Tee off at the picturesque Nuwara Eliya Golf Club on 9 and 10 September. 

DHL Express, the world’s leading international express services provider, has announced that its Sri Lanka customer service team has triumphed in the Stevie Award 2016 competition, underthe Customer Service Category. 

Guardian Acuity Asset Management (GAAM), a unit trust management firm licensed by the Securities and Exchange Commission of Sri Lanka, will conduct a stimulating discussion on September 14 on ‘Investment Opportunities from the Proposed Megapoli

Fitch Ratings Lanka Ltd has affirmed LB Finance PLC’s long-term rating of ‘A-(lka)’? outlook stable during their annual ratings review of NBFI’s on August 2, 2016.  

Aitken Spence Travels, the leading destination management company in Sri Lanka is handling a group series of doctors from the Middle East for the 5th consecutive year. 

Colombo International Container Terminals (CICT) has announced it will support the National Apprentice & Industrial Training Authority (NAITA) of Sri Lanka by providing facilities for training Quay Crane (QC) operators at the Colombo South Termin

With the aim of Enabling and empowering the future leaders of our country, Just In Time Group (JIT) launched its Corporate Internship Program giving deserving students in a variety of disciplines the opportunity to gain practical, challenging and mea

As the Ceylon Chamber of Commerce (CCC) is calling applications to recognize and reward the ‘Best Corporate Citizen Sustainability champions of the year 2016’, its previous year’s winner Sampath Bank says the victory is placed among

REUTERS: Sri Lanka’s tea output in July fell 19 percent from a year earlier to a 15-year low due to poor application of fertiliser, low market prices and a government ban on pesticides, the state-run Tea Board said yesterday. 

Colombo’s premier cardiac care service provider, Durdans Heart Centre, has joined the Doc 990 digital health portal enabling patients to make medical appointments with absolute ease via their mobile phones. 

Kelani Cables PLC, Sri Lanka’s number one brand in secure electrical and communication cables provided knowledge in electrical wire manufacturing to over 50 electrical technicians of Kilinochchi recently. 

Measures will be taken to further promote the gem industry in the international market thereby earning more foreign exchange to the country, Finance Minister Ravi Karunanayake said. The minister pointed out that the government will take action to fin

The annual HSBC Premier Golf Tournament will Tee off at the picturesque Nuwara Eliya Golf Club on 9 and 10 September. 

Blue Mountain, the leading real estate major in Sri Lanka, has received the ISO 9001 International certification for Blue Mountain Properties (Pvt) Ltd.

The 20th Presidential Export Awards Ceremony organized by the Sri Lanka Export Development Board (EDB) was held under the patronage

Amana Takaful Life Limited(ATL Life), a fully-owned subsidiary of Amana Takaful PLC (ATL), rang the opening bell to commence trading and celebrate

Sri Lankan government, largely influenced by legacy businesses, is likely to bring in new legislation 

The Maldives recorded a tourist arrivals growth of 5.7 percent year-on-year (YoY) for July 2016, increasing to 110,432 tourists, despite setbacks in the Chinese economy.

Sampath Bank PLC’s fully owned subsidiary and the licensed finance company, Siyapatha Finance 

The capital market operator, the Colombo Stock Exchange (CSE) has stressed that it is imperative for all stakeholders to gear up and embrace change if Sri Lanka is to keep up with global trends and 

A leading trade association in the country recently called on the government to introduce