Business

Leema Creations introduces new super brand solid surface

Views - 11 Saturday, 24 August 2019 00:10

Leema Creations Ltd., the industry giant in interior solutions and home and commercial furniture manufacturing, together with Durlax India Ltd., India’s largest solid surface manufacturer announce the introduction of their super brand product ‘Lu


Here’s why you should choose to buy a LG Refrigerator from Abans

Views - 8 Saturday, 24 August 2019 00:10

Refrigerators are assets that are designed to last longer than most electronic appliances. This is why it is important to make an informed choice when purchasing a refrigerator. So, whether you’re buying a new LG Refrigerator for the first time or


SLT wins CSR Leadership Award for Community Development at Sri Lanka Best Employer Brand Awards

Views - 6 Saturday, 24 August 2019 00:10

Sri Lanka Telecom (SLT), the leading ICT and digital solutions provider in the country, won the CSR Leadership Award for Community Development at the Sri Lanka Best Employer Brand Awards 2019 awards ceremony, held at Taj Samudra, Colombo recently. Th


INSEE Cement celebrates 50th year of Puttalam Plant with Colours Night

Views - 26 Saturday, 24 August 2019 00:10

Sri Lanka’s foremost cement producer, Siam City Cement (Lanka) Ltd., known as INSEE Cement, celebrated a unique milestone in the Company’s journey when the Company’s manufacturing plant in Puttalam commemorated 50 years. The Puttalam Cement Pla


KnowEx Online for open-access publishing

Views - 6 Saturday, 24 August 2019 00:01

As we live in the digital era of the 21 st century, the world is moving to new methods from traditional and conventional theories via research. Our lives have been digitalised and nowadays we are almost unable to put things together without a proper


AmCham to host event on gig economy and flexible workplaces next week

Views - 26 Friday, 23 August 2019 00:00

The American Chamber of Commerce in Sri Lanka is presenting the third installment of the ‘Modern Workplaces’ series for 2019 titled ‘The Gig Economy and Flexible Workplaces’. This event will be held on Wednesday, 28 August, at the Cinnamon Gr


Global and local corporates rally to support CIMA Biz Leaders’ Summit

Views - 41 Friday, 23 August 2019 00:00

The 42nd CIMA Business Leaders’ Summit will be held at the Shangri-La, Colombo on 4 and 5 September. The annual flagship event is held under the theme ‘ART of Leading the Shift: Adaptability, Resilience & Transformation’. In this centenary ye


CA Sri Lanka to break gender barriers in boardrooms with ‘Board Ready Female Members Directory’

Views - 43 Friday, 23 August 2019 00:00

In a landmark initiative aimed at breaking gender barriers across boardrooms, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently launched the ‘Board Ready Female Members Directory’ which promotes more female representatio


Learn art of business proposal writing for loans and funding

Views - 50 Friday, 23 August 2019 00:00

Writing appropriate business proposals for loans and funding is challenging. Moreover, many people are unaware of the basis of assessment when proposals are considered, hence the effort put into drafting a business proposal often goes to waste. The C


Fitch revises outlook on Singer Sri Lanka to negative; affirms at ‘A-’

Views - 45 Friday, 23 August 2019 00:00

Fitch Ratings has revised the outlook on consumer-durables retailer Singer (Sri Lanka) PLC’s National Long-Term Rating to Negative from Stable. Fitch has simultaneously affirmed the National Long-Term Rating at ‘A-(lka)’ as well as the ‘A-(l


CIMA seminar on international tax next week

Views - 44 Thursday, 22 August 2019 00:53

The Chartered Institute of Management Accountants (CIMA) in Sri Lanka is conducting a comprehensive and educative workshop to expound on International Tax and Double Tax Treaties post the implementation of the new Inland Revenue Act on 27 August at t


CCC’s Economic Summit to discuss Sri Lanka’s next growth drivers

Views - 51 Thursday, 22 August 2019 00:53

Keeping in mind Sri Lanka’s marked slowdown in economic growth over the last few years, and the need for a strategic plan to get back on track, the Sri Lanka Economic Summit (SLES) 2019 will examine strategies on growth, this September. The panel


Amending People’s Bank Act privatisation attempt: SLPP

Views - 63 Thursday, 22 August 2019 00:46

By Nuwan Senarathna The Sri Lanka Podujana Peramuna (SLPP) yesterday criticised amendments proposed to the People’s Bank Act, which is expected to be taken up in Parliament today, as an attempt to eventually allow outside investors to buy shares of


Sri Lanka Business and Investment Forum at Gujarat Chamber of Commerce and Industry

Views - 25 Thursday, 22 August 2019 00:46

The Board of Investment of Sri Lanka recently held a Business and Investment Forum at the Gujarat Chamber of Commerce and Industry (GCCI) in Ahmedabad, targeting the Chamber’s membership. This Forum was supported by the Sri Lankan High Commission i


Fresh legislation to develop south presented to P’ment

Views - 27 Thursday, 22 August 2019 00:45

By Ashwin Hemmathagama – Our Lobby Correspondent The Government yesterday moved the Ruhunu Economic Development Corporation of Sri Lanka Bill in Parliament to develop the southern regions of the country by establishing export processing and tourism


LIIN newest member of APEC IGD Caucus in Tokyo

Views - 94 Wednesday, 21 August 2019 00:00

The APEC Inclusive Growth and Development Caucus is led by Foundations for Development Corporation (FDC) under the auspices of the APEC private sector arm, the APEC Business Advisory Council (ABAC). Chandula Abeywickrema, Founder and Chairman of LII


Women’s empowerment new category at Best Corporate Citizen Sustainability Awards

Views - 32 Wednesday, 21 August 2019 00:00

A new category will be opened in the 2019 edition of the Ceylon Chamber of Commerce’s Best Corporate Citizen Sustainability (BCCS) Award competition, to recognise the efforts and initiatives taken by corporates to strengthen and empower women. Dem


National honour for Dinesh Weerakkody

Views - 122 Wednesday, 21 August 2019 00:00

President Maithripala Sirisena conferred ‘National Honours’ on 70 distinguished personalities to honour the outstanding service rendered by them to the motherland. The ceremony was organised by the Presidential Secretariat and was held at the BMI


India-Sri Lanka Foundation invites project proposals

Views - 59 Tuesday, 20 August 2019 00:30

The India-Sri Lanka Foundation (ISLF) was established by a Memorandum of Understanding between the governments of India and Sri Lanka in 1998 in order to foster India-Sri Lanka relations through the enhancement of economic, scientific, technical and


Lewis Allen ready to arrive in Sri Lanka for FACETS 2019

Views - 57 Tuesday, 20 August 2019 00:30

Sri Lanka has captured the hearts of many travellers and adventurers from around the world for centuries, through its beauty, resources and people. Perhaps the island’s most valuable asset, its gemstones, is renowned worldwide and has adorned the c


AmCham appoints new Board of Directors for 2019/2020

Views - 334 Monday, 19 August 2019 00:52

The 27th Annual General Meeting of the American Chamber of Commerce in Sri Lanka (AmCham) was held last week, ushering in the new Board of Directors for 2019/2020. This annual event convenes the AmCham business community to elect the AmCham Board an


CEAT celebrates growth in tough 2018-19 with awards gala for top dealers

Views - 56 Monday, 19 August 2019 00:49

The importance of unity in times of economic or political adversity was the emotive refrain when top tyre maker CEAT Kelani Holdings honoured the Company’s elite dealers at a scintillating awards gala at the Shangri-La Hotel in Hambantota recently.


International standard gemmological laboratory to open in Ratnapura

Views - 53 Monday, 19 August 2019 00:42

Tourmaline Lanka Gem Lab (TGL) recently declared open a state-of-the-art gemmological laboratory offering international standard services for the gem and jewellery industry. The new branch was opened in the gem city of Ratnapura, at 79A, Demuwawatha,


The New logo of DIMO

Views - 94 Monday, 19 August 2019 00:39

The new logo includes three elements: The geographic shape of Sri Lanka; the DIMO word mark and the new brand promise. Shape of Sri Lanka: As a truly Sri Lankan company, DIMO takes pride in taking their capabilities beyond Sri Lanka and by bringing


DIMO unveils new brand identity

Views - 57 Monday, 19 August 2019 00:38

Diesel and Motor Engineering Plc (DIMO) recently rolled out its new brand identity with a promise “the perfect partner.” DIMO Executive Director/ Chief Marketing Officer Asanga Ranasinghe said the Company decided to reposition DIMO inside-out, t


DIMO re-engineers itself for higher and responsible growth with agri-push

Views - 389 Monday, 19 August 2019 00:30

Renowned for pioneering motor engineering excellence in Sri Lanka, DIMO is re-engineering itself to harness higher yet sustainable and responsible growth for the future with greater focus on agriculture. The move is akin to going back to Sri Lanka’


Green community market to empower rural farmer communities affected by climate change

Views - 46 Saturday, 17 August 2019 04:19

Agriculture is the foundation of Sri Lanka—from the economy to the culture, it has influenced all the important facets of what makes a nation then, and continues to do so, to date.


British Council celebrates partner achievements at IELTS Awards Night 2019

Views - 41 Saturday, 17 August 2019 04:18

The British Council Sri Lanka celebrated its IELTS partner achievements at the ‘IELTS Partner Awards 2019’ at the Kingsbury, Colombo recently. Conducted annually over the past few years...


People’s Bank marks 58th anniversary with blood donation camp

Views - 33 Saturday, 17 August 2019 04:16

In commemoration of People’s Bank’s triumphant 58th anniversary, a blood donation camp was organised by People’s Bank Welfare Department and the People’s Bank Sports Club. Held at the bank’s Old Staff Training College in Colombo....


Ceylinco Life hosts 15 blood donation camps to mark 15th year of market leadership

Views - 26 Saturday, 17 August 2019 04:11

Sri Lanka’s life insurance leader, Ceylinco life has organised a series of blood donation camps at 15 locations across Sri Lanka to commemorate the achievement of 15 consecutive years of market leadership in 2019.


Today's Columnists

The Presidential Election: Into anarchy or out of anarchy?

Saturday, 24 August 2019

In politics there are no absolute truths, rights or wrongs: all is relative. Politics is about choices and alternatives. It is also the art of the possible. The best policy for the people is to work through the give


We need to challenge climate change doubters before it is too late

Friday, 23 August 2019

Imagine a London where the entire subterranean region is engulfed with dirty water. Crammed train carriages that once barrelled along 249 miles of track transporting busy office workers, builders, teachers, civil servants, cleaners and students now r


The Provincial Council Elections – The charade goes on

Friday, 23 August 2019

Originally the SLPP was keen to hold the Provincial Council Elections (PCE) immediately after the Local Government Election results as they felt the PCE would go in their favour. PCE were held under the Proportional Representation system. The relevan


The presidency and the dilemma of the Presidential Election

Friday, 23 August 2019

J.R. Jayewardene created a presidential system not because the parliamentary system of governance that preceded it had failed. He wanted to take over all the powers of the State and assume the status of ancient kings who ruled the country in the past


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