Business

Sri Lanka National Trade Facilitation Committee visits Australia

Views - 283 Wednesday, 29 August 2018 00:00

Fifteen representatives of Sri Lanka border regulatory agencies, private sector organisations, chambers of commerce


SLIP celebrates 42 years of success; resolute to do more in the future

Views - 32 Tuesday, 28 August 2018 00:04

By Divya Thotawatte The Sri Lanka Institute of Packaging (SLIP) recently held its 42nd Annual General Meeting at the Sinhalese Sports Club (SSC) in order to celebrate the events of the past year. During the AGM, SLIP Past Deputy President Anuradha Ja


LAUGFS Gas Bangladesh bags Gold at CNCI Achiever Awards 2018

Views - 67 Tuesday, 28 August 2018 00:03

Reinstating its commitment to excellence, LAUGFS Gas (Bangladesh) Ltd., one of the largest LPG downstream distributors in Bangladesh, clinched the prestigious Gold Award under the ‘Sri Lankan Industry in SAARC Countries’ Category at the CNCI Achi


Thambapanni Abimani Entrepreneurs Award Ceremony 2018

Views - 37 Tuesday, 28 August 2018 00:02

Puttalam District Chamber of Commerce, Industry and Agri Business (PDCCIA) was setup in the year 2007. With a strong membership of over 300 members from the district, they represent entrepreneurs in the district who bring the business issues within t


Teejay shines at CNCI Achiever Awards 2018

Views - 57 Tuesday, 28 August 2018 00:02

Teejay Lanka PLC, Sri Lanka’s only multinational textile mill and the region’s largest textile manufacturer, recently won a Top 10 Achiever Award and the Silver award in its category, at the CNCI Achiever Awards presented by the Ceylon National C


SLAB, UNIDO host workshop on personnel certification standards

Views - 23 Tuesday, 28 August 2018 00:00

The Sri Lanka Accreditation Board (SLAB), the national accreditation authority of Sri Lanka, together with the support of the United Nations Industrial Development Organisation (UNIDO), hosted a two-day awareness workshop on ‘The Role of Accredited


FACETS 2018 to attract several foreign delegations

Views - 30 Tuesday, 28 August 2018 00:00

The gem and jewellery industry of Sri Lanka as well as the premier platform which showcases it, the FACETS Gem and Jewellery Exhibition, has gained much international acclaim and recognition. This has been proven by the confirmation of several intern


Top global executive to deliver keynote at 2018 Sri Lanka Economic Summit

Views - 76 Tuesday, 28 August 2018 00:00

50 top expert speakers and panellists are lined up to speak at Sri Lanka’s foremost economic event – Sri Lanka Economic Summit (SLES) 2018. This is the 18th consecutive year that the summit is being organised by the Ceylon Chamber of Commerce, ma


De Lanerolle brothers to take stage at Fireside Chat

Views - 108 Monday, 27 August 2018 01:13

The De Lanerolle brothers, who are currently performing in Australia, will take the stage at the event organised by the international Chamber of Commerce Sri Lanka (ICCSL), the Chartered Institute of Management Accountants


CIMA Business Leaders’ Summit 2018 sold out

Views - 124 Monday, 27 August 2018 01:13

On 28 and 29 August, over 500 delegates encompassing chief executives, CFOs, directors and senior managers in the country will be in attendance for the Summit held under the theme ‘From Insight to Impact – Unlocking opportunities’.


Wijaya Products shines at CNCI Achiever Awards 2018

Views - 54 Monday, 27 August 2018 01:11

Wijaya Products collected yet another laurel at the recently concluded CNCI Achiever Awards 2018 winning Gold in the Extra Large Scale Manufacturing sector and was recognised among the Top 10 Achievers for the fifth consecutive year.


Scan Products recognises achievers of the year

Views - 27 Monday, 27 August 2018 01:10

The FMCG arm of C.W. Mackie PLC, Scan Products Division successfully completed their Annual Sales Conference 2018, which was recently held at Club Palm Bay Hotel, Marawila. The residential sales conference


Magistrate enlarges surety of Idris Shabbir over credit card use

Views - 48 Monday, 27 August 2018 01:06

The Fort Magistrate enlarged suspect Idris Shabbir on surety of Rs. 300,000 and impounded his passport.Dr. Asger Shabbir Gulamhusein made a complaint to the Colombo Fraud Investigation Bureau (CFIB) against suspect Idris Shabbir on an issue arising f


STAX presents research on investment and FTA potential at SL-Singapore Business Council AGM

Views - 94 Monday, 27 August 2018 01:06

To raise awareness on current and future investment potential in Sri Lanka, leading management consulting firm STAX delivered a presentation on the SL-SG FTA and Foreign Direct Investment (FDI) dynamics and opportunities, at the recently concluded An


CEB recovers Rs. 118 million through fines

Views - 31 Monday, 27 August 2018 01:05

The Ceylon Electricity Board earned Rs. 118 million through fines imposed on the illegal usage of electricity from its grid network during 2017 alone, Power and Renewable Energy Spokesperson Sulakshana Jayawardana told Daily FT.


SL-S’pore FTA comes under fresh spotlight in Parliament

Views - 43 Monday, 27 August 2018 01:05

UPFA Joint Opposition MPs, disagreeing to let go of the Free Trade Agreement signed between Sri Lanka and Singapore, were on Friday seen asking for Sinhala and Tamil translations of the agreement in Parliament soon after the House commenced.


‘Enterprise Sri Lanka’ loans to 283 entrepreneurs in Polonnaruwa

Views - 29 Monday, 27 August 2018 01:04

Under the ‘Enterprise Sri Lanka’ Program operated by the Ministry of Finance and Mass Media, loans were granted to 283 entrepreneurs in Polonnaruwa.


Foreign Minister off to Malaysia on working visit

Views - 20 Monday, 27 August 2018 01:03

Minister of Foreign Affairs Tilak Marapana will undertake a Working Visit to Malaysia on Monday, 27 August 2018, Malaysia Ministry of Foreign Affairs announced.


Singapore Agreement: Myths and Reality

Views - 416 Monday, 27 August 2018 00:00

The world around us is moving forward with regional and bilateral free trade agreements (FTAs) as the multilateral trade liberalisation process led by the WTO has come to a standstill.


Inflation up 3.4% in July

Views - 53 Saturday, 25 August 2018 00:10

Headline Inflation, as measured by the change in the National Consumer Price Index (NCPI, 2013=100), which is compiled by the Department of Census and Statistics (DCS),increased to 3.4% in July 2018 from 2.5% in June 2018, on year-on-year basis, main


Eskimo Fashion Knitwear clinches 3 Gold, 1 Bronze at National Convention on Quality and Productivity

Views - 58 Friday, 24 August 2018 00:00

Eskimo Fashion Knitwear, one of the leading garment manufacturers of Sri Lanka, was able to clinch three Gold awards


IDB participates in International Manufacturing Exhibition

Views - 25 Friday, 24 August 2018 00:00

The Industrial Development Board (IDB) participated in the International Manufacturing Exhibition recently held at the Colombo


Tradefirst demonstrates Leister products at Complast Exhibition

Views - 48 Friday, 24 August 2018 00:00

Swiss-made Leister hot-air guns and industrial plastic welding machines were displayed at the Complast International


Three Sinha receives Gold Award at CNCI Achievers Award 2018

Views - 15 Friday, 24 August 2018 00:00

Three Sinha Group of Companies, an organisation that constantly strives to break new barriers in the roller door industry


Expert committee to review Singapore – Sri Lanka FTA calls for public opinions

Views - 63 Friday, 24 August 2018 00:00

The expert committee appointed by President Maithripala Sirisena to study the Singapore – Sri Lanka Free Trade Agreement has decided to gather views from organisations and the public.


Sri Lanka to take part in Texworld/Apparel Sourcing Paris in Sept

Views - 49 Friday, 24 August 2018 00:00

Texworld/Apparel Sourcing Paris is one of the best options for Sri Lankan RMG sector to improve their market share,


NSBM’s International Conference on Business Innovation on 25 Aug

Views - 24 Friday, 24 August 2018 00:00

NSBM, being the pioneer catalyst of the higher education field in Sri Lanka, is marking its presence yet again with NSBM’s first International Conference on Business Innovation (ICOBI 2018).


Macro issues and risks to be tackled in driving economic turnaround

Views - 56 Thursday, 23 August 2018 00:00

In the first session at the Sri Lanka Economic Summit 2018, participants will be able to listen to three economic perspectives from the Government of Sri Lanka, IMF and Standard Chartered Bank.  State Minister of Finance and Mass Media Eran Wickrama


Cabinet green-lights 5000 export production villages

Views - 81 Thursday, 23 August 2018 00:00

By Chathuri Dissanayake As another step by the Government to improve exports, Cabinet has approved the establishment of 5000 export production villages countrywide, with the first phase to be rolled out in the next two years. The Cabinet of Ministe


Sri Lanka acquires latest hi-tech to enrich graphite to breakthrough graphene

Views - 80 Thursday, 23 August 2018 00:00

Sri Lanka’s mining and quarrying sector packs greater potentials in revenues and capacity. Sri Lanka now has the latest technology to create the breakthrough wonder material ‘graphene’ from its own, high purity graphite deposits. “The Governm


Today's Columnists

In the desert of Tamil films, actor Sivaji Ganesan was an oasis

Saturday, 22 September 2018

‘Indian Film,’ first published in 1963 and co-authored by former Columbia University Professor Erik Barnouw and his student Dr. Subrahmanyam Krishnaswamy, is considered a seminal study of the evolution and growth of Indian cinema. The book is cit


Imran may turn blind eye to blasphemy law and persecution of Ahmadiyyas

Saturday, 22 September 2018

There are clear signs that Pakistan’s freshly minted Prime Minister, Imran Khan, will make a sincere effort to reduce corruption and maladministration in the domestic sphere. In foreign affairs he is likely to make a brave attempt to mend fences wi


The rate of exchange, capital flight and the Central Bank

Friday, 21 September 2018

The Central Bank (CBSL) exists for the sole purpose of price stability. Its controls on the financial system and monetary policy exist to maintain price stability. As put forth many times by the Governor, the failing of the CBSL to control inflation


Red flag over the Sri Lankan Navy

Friday, 21 September 2018

Shocking story Rusiripala, a former banker in Sri Lanka, who has taken to writing in Daily FT, is perturbed by the red flag I have raised (Daily FT article 18 September) over the shocking charge that our Navy had operated a ransom gang that had abduc


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