Business

Microsoft hosts Computer Science Education Day in Sri Lanka

Views - 18 Saturday, 16 February 2019 00:00

Microsoft on Friday (8) held its flagship computer science workshop for students and teachers at its corporate office in Colombo. Over 100 participants, representing public, private schools and underserved youth in and around Colombo and Greater Colo


OPPO celebrates Valentine’s Day with fans

Views - 17 Saturday, 16 February 2019 00:00

OPPO Sri Lanka celebrated this Valentine’s Day with an exciting promotion on social media where a lucky couple won a romantic dinner at their favourite restaurant courtesy OPPO. The audience was invited to upload a memorable selfie with his or her


Uber Eats launches insurance program for delivery partners in Sri Lanka

Views - 52 Saturday, 16 February 2019 00:00

Uber Eats announced a comprehensive insurance program for delivery partners in Sri Lanka. Launched in partnership with Allianz Insurance Lanka Ltd., one of the leading private sector general insurance companies in Sri Lanka, this insurance program pr


Dr. Schwampe to address Maritime Law Association on Monday

Views - 23 Saturday, 16 February 2019 00:00

Comite Maritime International Vice President Dr. Dieter Schwampe from Hamburg, Germany is scheduled to address the seminar titled ‘Moving Forward Towards a Maritime Hub’ organised by the Maritime Law Association of Sri Lanka on Monday (18 Februar


AMCHAM Sri Lanka presents inaugural ‘Breakfast Buzz’ series; Finance Minister to deliver keynote

Views - 38 Friday, 15 February 2019 00:00

The American Chamber of Commerce (AMCHAM) in Sri Lanka is all set to host its inaugural ‘Breakfast Buzz’. The event is a part of a larger series with the aim of bringing together policymakers and private sector stakeholders for greater collaborat


Munchee recognised as Fastest Growing Brand in Bangladesh 2018

Views - 77 Thursday, 14 February 2019 02:40

Munchee, the flagship brand of Ceylon Biscuits Limited (CBL), has once again distinguished itself internationally, receiving the Fastest Growing Brand in Bangladesh 2018 award from United Research Services and Asia One magazine at a recent ceremony h


Pioneering digital platform for small, informal biz takes off with Singapore backing

Views - 52 Thursday, 14 February 2019 02:37

Backed by a Singaporean firm’s generous grant of a powerful database software, Sri Lanka began work on the first national digital databank of its SMEs and entrepreneurs on 12 February. The initiative, called NEDA-EMS, pioneered by the country’s a


AA Ceylon fly drive program kicks off today

Views - 72 Thursday, 14 February 2019 02:36

Automobile Association of Ceylon (AAC) in collaboration with the Federation of Indian Automobile Associations (FIAA) has arranged for a leisure drive known as “Sri Lankan Drive” with 12 luxury motor cars (including Lamborghinis and Ferraris) orga


Frontier Capital launches Sri Lanka’s first AI ChatBot to cater to $ 8 b worth tuktuk industry

Views - 570 Thursday, 14 February 2019 02:25

Sri Lanka’s post-war era emerging investment banker Frontier Capital Partners – that transferred some of the country’s prominent group companies to conglomeration in the post-war era from 2009 to 2019, in a decade has recently released a newly


$145m ADB project to focus on tech graduates

Views - 44 Thursday, 14 February 2019 02:22

The Asian Development Bank (ADB) and four Sri Lankan universities yesterday signed project agreements totalling $145 million under the ADB-funded Science and Technology Human Resources Development Project, to foster science and technology in Sri Lank


Europe’s largest trade fair for global sourcing of textile and clothing opens in Paris

Views - 72 Wednesday, 13 February 2019 00:00

By Charumini de Silva in Paris Europe’s largest trade fair for global sourcing of textile and clothing, the ‘Fairyland for Fashion’ organised by Messe Frankfurt kicked off on Monday presenting six key trade exhibitions including Apparel Sourcin


Strong growth in consumer goods healthcare drive Sunshine Holdings’ top line

Views - 81 Wednesday, 13 February 2019 00:00

Diversified Sri Lankan conglomerate Sunshine Holdings (CSE: SUN) reported top-line performance growth of 7.3% YoY to stand at Rs. 16.7 billion for the first nine months of the current financial year (9MFY19). The top-line increase was mainly due to s


Seminar on ‘How Business Intelligence is revolutionising your organisation’

Views - 89 Tuesday, 12 February 2019 00:00

A seminar on ‘How Business Intelligence is revolutionising your organisation’ organised by Merchant Bank of Sri Lanka and Finance PLC (MBSL) will be held on Monday, 25 February from 3:30 p.m. to 6:30 p.m. at Lakshman Kadirgamar Institute (No. 24,


BOI approves $ 15.4 m Bellevue Residencies in Ja-Ela

Views - 427 Tuesday, 12 February 2019 00:00

The BOI signed an agreement with Bellevue Residencies Limited, which is a mixed development project for a 35-storey tower and shopping complex. The unique aspect of this project is that it will be constructed in Ja-Ela, and it is the first time that


NCE enters into collaborative agreement with Great Place Research and Consultancy

Views - 53 Monday, 11 February 2019 00:47

The National Chamber of Exporters of Sri Lanka (NCE) which is the only private sector chamber that exclusively serves Sri Lankan exporters, entered into a collaborative agreement with Great Place Research and Consultancy Ltd. (GPRC) in January 2019.


Delegates arrive for ANBD conference and exhibition

Views - 80 Monday, 11 February 2019 00:47

Academic delegates from Japan, South Korea, Taiwan, and Malaysia have arrived in Colombo to take part in the Asia Network Beyond Design 2019 (ANDB) Conference and Special Exhibition in Colombo. ANBD Chairman Prof. Cho Youl, Secretary General Prof. Je


Global academics weigh in on UBI for Sri Lanka

Views - 265 Monday, 11 February 2019 00:46

With Universal Basic Income becoming an increasingly mainstream topic around the world, two global academics partnering with Talal Rafi are looking at studying basic income for Sri Lanka. Professor Guy Standing, with a doctorate from the University o


MTI enables CIC Grains asset divestment

Views - 152 Monday, 11 February 2019 00:45

A subsidiary of CIC Holdings PLC, CIC Grains Ltd. sold its assets to one of the leading players in the poultry industry which was facilitated by MTI’s Corporate Finance arm. This sale was made to two joint ventures of Bairaha Group, Fortune Agro In


Sirocco unconditionally retracts all allegations against its former overseas business manager

Views - 46 Monday, 11 February 2019 00:43

Sirocco Air Technologies Ltd., a company which has for the past nine years been at the forefront of designing and installing ventilation systems for domestic, commercial and industrial use and has over the course of the last few years expanded its op


Enterprising Sri Lankan exporters showcase at Ambiente 2019

Views - 371 Monday, 11 February 2019 00:41

Text and Pix by Charumini de Silva in Frankfurt, Germany Most of the Sri Lankan firms participating at the world’s largest consumer goods fair Ambiente 2019 in Frankfurt, Germany, expressed confidence over prospects to win more orders. Five compan


‘Enterprise Sri Lanka Thurunu Diriya’ lends helping hand to enthusiastic young female

Views - 47 Saturday, 9 February 2019 00:10

Every entrepreneur dreams to be the most successful business person and to reach the peak in their own business. ‘Thurunu Diriya’ loan scheme offered by Bank of Ceylon (BOC) has given immense opportunities for young and enthusiastic entrepreneurs


Emirates celebrates love on board and in worldwide lounges for Valentine’s Day

Views - 28 Saturday, 9 February 2019 00:00

The Emirates lounge at Bandaranaike International Airport has joined the airline’s celebration of the season of love this year, and will serve heart-shaped chocolate macaroons to passengers from 13-15 February. As part of its commitment to create s


Special Valentine’s savings with Nations Trust Bank American Express and MasterCard

Views - 49 Saturday, 9 February 2019 00:00

Celebrate the season of love this Valentine’s Day with numerous special savings and privileges from Nations Trust Bank American Express and MasterCard. Whether you are looking to surprise your Valentine with a special gift or a romantic dinner for


Daraz.lk crosses borders to give customers greater choice

Views - 46 Saturday, 9 February 2019 00:00

Leading online store, Daraz.lk is now reaching across borders to provide a wider range of products for Sri Lankan customers to choose from, with the launch of Daraz Global Collection on their platform. As a result, Daraz shoppers are able to purchas


Winners of ‘SLT Speed Up & Win’ competition walk away with mountain bikes

Views - 29 Saturday, 9 February 2019 00:00

Sri Lanka Telecom (SLT), the organisers of the most popular cross country cycle race – ‘SLT Speed Up Sawariya’, recently organised the awards ceremony for the company’s ‘Speed Up & Win’ online bicycle competition to award the top three wi


People’s Bank celebrates 71 years of independence with gifts for children born during the week

Views - 30 Saturday, 9 February 2019 00:00

Commemorating the 71st National Day, the head office and all People’s Bank branches organised Independence Day celebrations island-wide. The National Day celebration at the People’s Bank head office was held under the patronage of People’s Bank


British firm to manufacture disposable medical devices in Sri Lanka

Views - 113 Friday, 8 February 2019 00:00

A leading UK manufacturer has gained BOI approvalto begin laying the foundation for its newest state-of-the-art manufacturing facility in Sri Lanka. Flexicare (Group) Ltd. is a UK-headquartered manufacturer and supplier of medical devices, with subs


Rajitha defends New Zealand milk

Views - 102 Friday, 8 February 2019 00:00

Minister of Health, Nutrition and Indigenous Medicine Dr. Rajitha Senaratne yesterday criticised Deputy Minister of Industry and Commerce Buddhika Pathirana for misleading the House with false information with regards to finding pig fat in milk powde


Dialog powers launch of SLINTEC Startup Engine for aspiring entrepreneurs

Views - 106 Friday, 8 February 2019 00:00

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, powered the launch of the Sri Lanka Institute of Nanotechnology (SLINTEC) Startup Engine, Sri Lanka’s first science and technology incubation and acceleration program, designed for the


Resilient Teejay posts 5th successive quarter of profit growth

Views - 40 Friday, 8 February 2019 00:00

Teejay Lanka PLC has achieved its fifth consecutive quarter of top and bottom line growth in the third quarter of 2018-19, demonstrating its resilience during a period of higher raw material and utility costs. Reporting revenue of Rs. 23 billion for


Today's Columnists

Discipline and freedom under the reign of Gota

Saturday, 23 February 2019

There’s nothing like a well-crafted marketing slogan for a prospective Presidential candidate. Gotabaya Rajapaksa is emerging more clearly into the daylight as the Opposition’s candidate for executive president. Against a redone image in the back


The chainsaw massacre and other ‘lawful’ horror stories

Friday, 22 February 2019

Admit it. The headline hooked you. Hope you won’t be disappointed. There are no gory scenes featuring dismembered limbs here. However you might read about the long arm of the law being truncated. Perhaps a chilling scene where the mask of the murde


What went wrong with Sri Lanka?

Friday, 22 February 2019

If Sri Lanka wants to get out of the present miserable situation, it needs to make a profound change, a paradigm shift in the way it views at everything including the religious, political and economic issues. Such a change could be made only by loo


Regulating foreign workers now a top priority

Friday, 22 February 2019

Sri Lanka is today facing a domestic labour shortage in some key sectors and industries. While demographic, social attitudes, expansion of the economy and outward labour emigration are contributing to the shortfall. Generally a lack of interest in ce


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