Business

Nivasie Malabe to complete by March, making it the largest housing project

Views - 25 Saturday, 20 January 2018 00:07

The third and final phase of the Orchid project will be completed and ready to be occupied by March this year, making it the largest community with a mix of houses and apartments in Malabe to date. The final phase features a 160-unit 12 storied apart


Ford teams up with World Vision Lanka for rainwater harvesting project in Polonnaruwa

Views - 10 Saturday, 20 January 2018 00:00

Ford Motor Company and its local distribution partner, Future Automobiles Ltd., in collaboration with World Vision Sri Lanka recently launched a rainwater harvesting project in Polonnaruwa.


Scan Jumbo Bonanza concludes

Views - 5 Saturday, 20 January 2018 00:00

Following the success of the Scan Jumbo Peanut Cycle Wassa promotion over the past three years, the Scan Products Division of C. W. Mackie PLC decided to go a step further by introducing the Scan Jumbo Bonanza Consumer Promotion.


Thai Sumeda introduces mosquito repellent joss sticks

Views - 8 Saturday, 20 January 2018 00:00

One of Sri Lanka’s frontline joss stick producing companies, Thai Sumeda Enterprises under the trade name of Lanka Sumeda has introduced its latest mosquito repellent joss stick to the local market. Lanka Sumeda is manufactured using natural herbs


Alleviation Digital grabs FCCISL Silver and Bronze

Views - 6 Saturday, 20 January 2018 00:00

Known for their pioneering services in the field of commercial advertising, Alleviation Digital Ltd. was honoured with the Silver Award for Uva province medium category and the Bronze Award for national level medium category at the Entrepreneur of th


NDB offers solutions to career needs at EDEX Expo 2018

Views - 8 Saturday, 20 January 2018 00:00

The National Development Bank PLC will have walk-in interviews for vacancies at NDB from 19-21 January at BMICH during the education exhibition as the official banking partner for EDEX Expo.


SME Policy implementation: Systematic legal review and institutional assessment of SME sector gets u

Views - 37 Friday, 19 January 2018 00:00

Two key stages in the implementation of Sri Lanka’s current SME Policy Framework got underway last week. The two stages were identified


Malaysian biz delegation in town next week

Views - 76 Friday, 19 January 2018 00:00

The Sri Lanka-Malaysia Business Council of the Ceylon Chamber of Commerce is to hold business meetings with members


Eco-agriculture cooperation agreement signed between Chinese and Sri Lankan institutions

Views - 34 Friday, 19 January 2018 00:00

China LvHai Technology Group signed an agreement with the Sadaham Sevana International Buddhist Information and Research Institute, Sri Lanka on eco-agriculture cooperation.


Aitken Spence Printing retains top spot in the industry for 4th consecutive year

Views - 21 Friday, 19 January 2018 00:00

Sri Lanka’s leading printer, Aitken Spence Printing was recognised for the fourth consecutive year as the industry’s best


CTC Laboratory receives ISO/IEC 17025:2005 certification for competency in chemical, mechanical test

Views - 14 Friday, 19 January 2018 00:00

Ceylon Tobacco Company PLC (CTC) recently received the ISO/IEC 17025:2005 certification by the Sri Lanka Accreditation


Jaffna International Trade Fair from 26-28 January

Views - 27 Friday, 19 January 2018 00:00

The Jaffna International Trade Fair, the multi-faceted gateway to the North bringing together traders and business to a wide range of opportunities,


Pambegama Estate establishes ‘All-time record price’

Views - 31 Friday, 19 January 2018 00:00

Pambegama Estate situated in Parakaduwa, managed by the Pussellawa Plantation and owned by Damro Group of Companies


Lawyer sentenced to three years RI for cheating businessman

Views - 71 Friday, 19 January 2018 00:00

An attorney from Colombo was sentenced to three years rigorous imprisonment with a fine of Rs. 500,000 for cheating a businessman


SLRBC conveys gratitude to Lankan envoy in Russia for work on lifting tea ban

Views - 20 Friday, 19 January 2018 00:00

The Sri Lanka-Russia Business Council of the Ceylon Chamber of Commerce conveys its sincere appreciation and deep gratitude


Serendib Flour Mills upbeat on business expansions

Views - 60 Thursday, 18 January 2018 00:21

By Charumini de Silva Serendib Flour Mills this week announced major investment plans to boost capacity and market share and venture into new business segments. Newly-appointed CEO Mohamed Riyal said the company was keen on diversifying its expertise


Significant growth in exports in Jan-Nov 2017

Views - 73 Thursday, 18 January 2018 00:13

Exports continued to record growth momentum for eight of 11 months of 2017 compared to 2016, the Exports Development Board (EDB) said yesterday. The earnings from exports increased to $ 10.4 billion, an impressive growth of 10.82% in Jan-Nov 2017, co


Sri Lanka issues bold forecast thrilled by latest apparel numbers

Views - 56 Thursday, 18 January 2018 00:12

Sri Lanka is reporting a surge in latest apparel exports – and so upbeat on apparel performance for Y2017, it even forecasts the overall returns for the year. “Our apparel revenue from January to November last year (2017) has exceeded Sri Lanka


‘Russian asbestos annoys Ceylon Tea’- Moscow media

Views - 72 Thursday, 18 January 2018 00:10

In their first take on Russia’s Ceylon Tea ban episode, Moscow’s private media says that Russian asbestos producers could have been impacted if Lankan ban on asbestos was not cancelled. The Russian language L!FENEWS (life.ru) service, in an in-de


eZ Cash rolls out first phase of ATM machines in north

Views - 73 Wednesday, 17 January 2018 00:00

Sri Lanka’s first and largest Mobile Money and Payment Service, eZ Cash, rolled out the first phase of its mobile operated ATM machine to select retailers from the Northern Province.


SC fixes CB officer’s petition for 29 Jan.

Views - 29 Wednesday, 17 January 2018 00:00

The Supreme Court yesterday re-fixed for support on 29 January the granting of leave to proceed with the fundamental rights petition filed by a Central Bank officer.


ABB supports Sri Lanka’s renewable energy commitments with EV charging network

Views - 39 Wednesday, 17 January 2018 00:00

The Sri Lankan area of Colombo City is to benefit from a new fleet of connected, fast electric vehicle (EV) chargers from ABB.


Central Bank expects manufacturing to pick up in 1Q

Views - 84 Wednesday, 17 January 2018 00:00

The Manufacturing Sector PMI recorded 59.1 in December, which is a marginal increase of 0.3 index points compared to November 2017,


DI heralds brand-new look

Views - 105 Wednesday, 17 January 2018 00:00

A leader in leather footwear in Sri Lanka, Ceylon Leather Products PLC announced the re-launch of the brand DI, in a bid to augment the traditional,


Japan’s Nagano Employers’ Association visits EDB to enhance bilateral trade relations

Views - 22 Wednesday, 17 January 2018 00:00

A delegation from the Nagano Employers’ Association of Nagano Prefecture in Japan visited Sri Lanka’s Export Development Board


Chinese billionaire partners SupremeSAT to explore new investment in SL

Views - 81 Wednesday, 17 January 2018 00:00

Chinese billionaire Cai Xiaoru, who is one of China’s youngest and leading businessmen, arrived in Sri Lanka last week to seal a new partnership with SupremeSAT and explore new


Economic Outlook 2018 Seminar: Takeaways to expect

Views - 69 Tuesday, 16 January 2018 00:00

The 2018 Sri Lanka Economic outlook, the first of its kind for this year to feature policymakers, global experts and sector perspectives, is to be held on 22 January at the Ceylon Chamber of Commerce. With Road Map 2018 released by the Central Bank


Lanka Ashok Leyland targets record sales in 2018 with strong 3Q2017 performance

Views - 109 Tuesday, 16 January 2018 00:00

Lanka Ashok Leyland carried its remarkable quarterly performance into the New Year with a remarkable third quarter performance. Revenue grew 52% for the first nine months of the year to Rs. 11.6 b against Rs. 7.6 b in 2016. While turnover is heavily


Sri Lanka Economic Association elects new Executive Committee

Views - 26 Tuesday, 16 January 2018 00:00

The Annual General Meeting of Sri Lanka Economic Association (SLEA) was held on 11 January at the auditorium of the Economic Department of University of Colombo. The new Executive Council of SLEA for 2018 was elected unanimously at the AGM. Dr. Upan


Boosting SMEs’ role in exports “vital”: Eran

Views - 98 Tuesday, 16 January 2018 00:00

Sri Lanka’s plans to increase the contribution made by smaller-scale businesses to exports and lift Foreign Direct Investment (FDI) in 2018 were both topics of conversation at a meeting held recently between State Minister of Finance Eran Wickramar


Today's Columnists

Many roads open

Saturday, 20 January 2018

We have just commenced Yahapalana Year 4. The third anniversary of Yahapalanaya is also the third anniversary of the defeat of the Rajapaksa regime. Both anniversaries coincide happily with the imminence of an island-wide election, the first since 20


Kasur child rape stems from subjugation of women in general

Saturday, 20 January 2018

Since the first week of the New Year, Pakistan has been in turmoil over the abduction, rape and murder of an eight-year-old girl, Zainab, in Kasur, a small town not far from Lahore in the Punjab province.


Demagoguery, deception and decrepitude inherent in most contemporary democracies

Saturday, 20 January 2018

Democracy is well and good as long its erstwhile proponents and players remain committed to high attendant ideals, pursuing with some degree of intelligence and sanity (fast eroding with the ascent of Donald J. Trump). Surely one must be faithful and


Problem is not us women and booze: It’s paternalism and capriciousness in policymaking

Friday, 19 January 2018

The other day the President of Sri Lanka went public expressing his intention to revoke a ministerial order revoking the notion that a woman of any age has no more maturity than a youth less than eighteen years old.


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