Business

AIA Insurance signs on as Platinum Sponsor of Sri Lanka’s Most Admired Companies 2018

Views - 45 Tuesday, 19 June 2018 00:00

Asia’s leading insurer AIA has proudly partnered, as Platinum Sponsor, The Chartered Institute of Management Accountants (CIMA) and the International Chamber of Commerce Sri Lanka (ICCSL) in presenting ‘Sri Lanka’s Most Admired Companies Awards


Manufacturing and services sectors recover in May

Views - 71 Tuesday, 19 June 2018 00:00

Both the manufacturing and services sectors recovered in May after the seasonal drop seen the previous month, the Central Bank said in a statement yesterday, raising expectations of further expansion over the next three months. The Manufacturing Se


National Institute of Exports holds SSA CXO Conference 2018

Views - 38 Tuesday, 19 June 2018 00:00

The National Institute of Exports (NIOE) the training arm of the National Chamber of Exporters (NCE) organised a CXO Conference partnering with the SSA Group of Companies a consulting group from India. It was held on 15 May at the Hilton Colombo Resi


Guidelines to harness intrapreneurs

Views - 45 Tuesday, 19 June 2018 00:00

By Maleesha Sulthanagoda  Companies that are able to tap into the ideas generated by their own workforce could have the advantage of self-generating new businesses that can synergise with new enterprises to give fresh growth opportunities, an expert


Census and Statistics Dept. honours longstanding employees

Views - 32 Monday, 18 June 2018 00:00

In order to appreciate the committed service of officers of the Department of Census and Statistics (DCS), an appreciation ceremony was held on 8 June at the department’s auditorium.


Chemanex applies MTI’s bold approach to re-structuring a legacy business

Views - 253 Monday, 18 June 2018 00:00

Chemanex PLC, a leading player in the chemical industry for more than four decades, successfully concluded a major business restructuring exercise with MTI Consulting, thereby rationalizing many of its business units/operations in order to focus on i


All in one boat

Views - 66 Monday, 18 June 2018 00:00

Sri Lanka’s footprint in global boats and shipping sector may be smaller, but Lankan exports in it continue to surge in strong numbers. As a result Sri Lanka is ambitiously positioning for $ 200 million boats and shipping exports by 2022.


CDB Platinum Sponsor for CMA Sri Lanka Global Management Accounting Conference – 2018

Views - 51 Monday, 18 June 2018 00:00

Citizens Development Business Finance PLC (CDB) joined hands with Institute of Certified Management Accountants of Sri Lanka (CMA) as Platinum Sponsor for the Global Management Accounting Conference 2018 to be held on 5 July at Cinnamon Lakeside, Col


Private hospital bills to be VAT exempted: Mangala

Views - 69 Monday, 18 June 2018 00:00

The Government is expected to introduce a new measures to exempt VAT from private hospital bills from next week, Finance Minister Mangala Samaraweera said over the weekend.


Keerthi Gunawardane receives highest honour from Sri Lankan Printers

Views - 63 Monday, 18 June 2018 00:00

Keerthi Gunawardane was a great contributor to the Sri Lankan printing industry. He was awarded with the Life Time Achievement Award from the Sri Lanka Association of Printers (SLAP).


IPS highlights need for IP policy for Sri Lanka

Views - 36 Monday, 18 June 2018 00:00

Protection for Intellectual Property (IP) is vital to support growth and stimulate innovation in developing countries, provided that they are implemented at the right time – and Sri Lanka is at the right stage in development to formulate and implem


Launch of Association of Professional Coaches on Wednesday

Views - 31 Monday, 18 June 2018 00:00

The growing recognition of the importance of coaching in nurturing an individual’s potential has led to a growing coaching profession in Sri Lanka, with several professionals receiving certification from international bodies such as the Internation


MAS Holdings makes CleanChain connection with ADEC Innovations

Views - 67 Monday, 18 June 2018 00:00

Sri Lanka’s largest apparel manufacturer MAS Holdings (MAS), a leading manufacturer of intimate apparel, sports, swim and performance wear, has invested in CleanChain, a software solution from ADEC Innovations, in its quest to be a zero toxic manuf


Ceylon Chamber to host networking session with New Zealand Trade Commissioner

Views - 24 Monday, 18 June 2018 00:00

The Sri Lanka-Australia-New Zealand Business Council of the Ceylon Chamber of Commerce has convened a networking session on Tuesday, 19 June at Mövenpick Hotel Colombo with the New Zealand Trade Commissioner Ralph Hays and his team to coincide with


ILO holds 1st national dialogue for policy blueprint on future of work in tea plantation sector in S

Views - 76 Friday, 15 June 2018 00:47

The International Labour Organization (ILO) yesterday facilitated the first national dialogue to shape a set of conclusions for a policy blueprint on the future of work in the tea plantation sector in Sri Lanka.


Nihal Hettiarachchi & Co. hosts HLB International Asia Pacific Regional Conference delegates

Views - 69 Friday, 15 June 2018 00:26

Nihal Hettiarachchi and Company, a leading chartered accountants firm, in affiliation with HLB International, London, is this week hosting the ‘HLB International Asia Pacific Regional Conference’ under the theme ‘Excellence through Unity’.


PIM trains managers of Lanka Hospitals

Views - 46 Friday, 15 June 2018 00:17

The Postgraduate Institute of Management (PIM) as the nation’s management mentor is engaging with the Lanka Hospitals Corporation PLC (LHC), in conducting a tailored program on executive development. The program commenced recently with the particip


Panadol ranked as Sri Lanka’s 2nd ‘Most Loved Brand’

Views - 52 Friday, 15 June 2018 00:00

Panadol, the flagship brand of SmithKline Beecham (GlaxoSmithKline) and the nation’s most sought-after pain reliever, was recently ranked as Sri Lanka’s second ‘Most Loved Brand’ according to Brand Finance’s 2018 ranking.


Daraz.lk Mobile Week 2018 kicks off on 18 June

Views - 97 Friday, 15 June 2018 00:00

Daraz.lk has announced its second edition of Mobile Week 2018 from 18 to 30 June promising to bring bigger and better offers. Daraz.lk an online shopping destination tha


Int’l Business Council President to meet Chengdu Dialogue organisers

Views - 18 Friday, 15 June 2018 00:00

International Business Council President Kosala Wickramanayake will be meeting the organisers of Chengdu Dialogue on South Asia Production Capacity Cooperation headed by Joy Assistance Secretary General of Chengdu Association for Foreign Trade and Ec


All time record price for Ceciliyan Tea Factory

Views - 36 Friday, 15 June 2018 00:00

Ceciliyan Tea Factory managed by Ceciliyan Associates Ltd. situated in Kalawana, Ratnapura established an all time record price for a Low Grown BOP grade which was sold at Rs. 980 per kg at the weekly tea auction concluded on 13 June.


Great offers in BigDeals.lk for household appliances and electronics

Views - 53 Thursday, 14 June 2018 00:00

Online shopping has become increasingly popular in Sri Lanka over the past decade due to its easy accessibility and inexpensive prices. Yet, fake products, high delivery charges, and unsafe paywalls are prevalent issues associated with local e-commer


Bakamuna to launch Pop-up Store incubated by MTI’s idea2fund

Views - 440 Thursday, 14 June 2018 00:00

Bakamuna’s first ever Pop-up Store will be hosted by the Hilton Colombo from 23 June till 1 July. The lifestyle store is an exciting launch for Bakamuna, a mixed media lifestyle brand powered by MTI’s idea2fund for aspiring entrepreneurs. Having


Rocell introduces ‘Franke’: World’s kitchen sink specialist

Views - 91 Thursday, 14 June 2018 00:00

Establishing a spectacular partnership in the world of stylish interiors, Rocell, Sri Lanka’s interior design connoisseur, ties up with ‘Franke’ – the world’s leading brand of kitchen sinks, bringing a new standard of beauty and inspiration


Council for Business with Britain to discuss GDPR over breakfast

Views - 53 Wednesday, 13 June 2018 09:22

There’s a lot of talk about GDPR buzzing around and most people think it won’t affect them. They’re probably right if they don’t do business with anyone or any company in Europe. But you, who are engaged in doing business be it UK, France, Ge


Norwegian Embassy to host conference on potential of the blue economy in Sri Lanka

Views - 51 Wednesday, 13 June 2018 09:22

On 22 June, the Royal Norwegian Embassy will be hosting a business conference about the potential of the blue economy in Sri Lanka. This conference, geared towards the private sector of Sri Lanka and Norway, is organized in collaboration with the Ce


President SAARC CCI and FCCISL meets Pakistan High Commissioner

Views - 20 Wednesday, 13 June 2018 09:22

Ruwan Edirisinghe, President of SAARC Chamber of Commerce and Industry and Federation of Chambers of Commerce and Industry of Sri Lanka paid a courtesy call on Pakistan High Commissioner in Colombo recently. Here (from left): FCCISL Strategy Committe


IMF’s Lagarde says global economic outlook darkening by the day

Views - 45 Wednesday, 13 June 2018 09:22

Berlin (Reuters): International Monetary Fund chief Christine Lagarde led an attack by global economic organisations on US President Donald Trump’s “America First” trade policy on Monday, warning that clouds over the global economy “are getti


Young entrepreneurs motivated by purpose, not just profit

Views - 37 Wednesday, 13 June 2018 09:20

LONDON (Thomson Reuters Foundation): The new generation of global entrepreneurs is going into business motivated by purpose rather than just profit, according to research by the HSBC banking group released on Tuesday. One in four entrepreneurs aged u


Sajith Premadasa meets COYLE biz leaders

Views - 36 Wednesday, 13 June 2018 09:00

Cabinet Minister of Housing and Construction Sajith Premadasa, together with State Minister of National Policies and Economic Affairs Dr. Harsha De Silva, met several of the country’s key business leaders of the Chambe


Today's Columnists

To hang or not to hang!

Tuesday, 17 July 2018

President Maithripala Sirisena dropped a bombshell out of the blues last week, sans all ‘maître’ (loving-kindness) when he launched a coup de main on drug offenders. He threatened to use his powers to place his signature to execute the death sen


The demise of the superstar investor

Tuesday, 17 July 2018

The allure of the superstar investor can be irresistible. You know who they are – the confident, articulate individuals idolised either because of a spectacular non-consensus investment call, the size of their fortune or sometimes because they are


Disruptive economy and poverty of knowledge: Sri Lankans have a lot to learn

Monday, 16 July 2018

The poor are usually defined as those who are below a given level of income that would be insufficient to meet their basic needs. In my view, the poor – no matter whether it is an individual, family or a nation – are those who are unable to read


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