Business

AmSafe Bridport opens new factory at BOI’s Wathupitiwala EPZ

Views - 49 Wednesday, 16 October 2019 01:21

BOI enterprise AmSafe Bridport Ltd. opened a new factory in Phase III of the Wathupitiwala Export Processing Zone. Amsafe Bridport Ltd. was established in November 2001 as Wathupitiwala and was formerly entirely British but is now a fully US-owned co


BMICH triumphs at SATA with Leading Convention Center Award 2019

Views - 17 Wednesday, 16 October 2019 01:16

The BMICH, Sri Lanka’s most recognisable and iconic landmark, won the award for the ‘Leading Convention Center 2019’ at the prestigious South Asian Travel Awards (SATA) Ceremony held in Galle, Sri Lanka recently. This award is the fourth Travel


Strategic Cooperation Agreement

Views - 23 Wednesday, 16 October 2019 01:16

Quindao-Jiaozhou Municipal People’s Government Vice Mayor Li Baoshuai and International Business Council President Kosala Wickramanayake sign Strategic Cooperation Agreement on 21 September in Qingdao city in China. Bureau of Commerce Jiaozhou Vice


MoU with Meishan

Views - 23 Wednesday, 16 October 2019 01:14

International Business Council President Kosala Wickramanayake and China Council for Promotion of International Trade Meishn Council/Meishan Chamber of International Commerce Chairman Mou Jianlin signing the MoU in Meishan on 26 September. Meishan is


Special award given to Kelani Cables at National Quality Awards

Views - 38 Tuesday, 15 October 2019 00:00

Kelani Cables PLC the company that produces the number one secure power and telecommunication cables and enamelled winding wires in Sri Lanka was conferred with a special award at the ‘National Quality Awards – 2019’ organised by the Sri Lanka


Mahela and Kumar SL Brand Ambassadors for Expo 2020

Views - 65 Tuesday, 15 October 2019 00:00

Mahela Jayawardena and Kumar Sangakkara – two of the most iconic cricketers produced by the country – have come on board as Sri Lanka’s Brand Ambassadors for Expo 2020 Dubai organised by the Sri Lanka Export Development Board (EDB) as a public-


National dialogue on ‘Responsible Business and Human Rights’

Views - 86 Tuesday, 15 October 2019 00:00

Businesses play a crucial and often under-played role in accelerating sustainable development. In Sri Lanka especially, given the scale of ambition to realise sustainable development for all as the country rapidly positions itself as an upper-middle


Neptune Papers bags Silver at NCE Export Awards

Views - 29 Tuesday, 15 October 2019 00:00

Neptune Papers Ltd., the pioneer and one of the leading paper recycling companies in Sri Lanka, was named the winner of prestigious Silver Award in Large Category, Recycling Sector at the Annual NCE Export Awards – 2019 organised by the National Ch


Brantel appointed Sri Lanka Distributor for world’s top solar panel maker JA Solar

Views - 56 Tuesday, 15 October 2019 00:00

Brantel Lanka Ltd. has announced the Company’s appointment as the authorised distributor in Sri Lanka for JA Solar of China, the leading solar cell producer in the world, further consolidating the Company’s contribution to the country’s sustain


Atlas Axillia recognised for outstanding workplace safety

Views - 27 Tuesday, 15 October 2019 00:00

Atlas Axillia has been recognised for its outstanding levels of workplace health and safety at the recently concluded National Occupational Safety and Health Excellence Awards, which was held at the Mahinda Rajapakse Nelum Pokuna Theatre in Colombo.


Indian business delegation explores business opportunities in Sri Lanka

Views - 41 Tuesday, 15 October 2019 00:00

A delegation from the Southern Gujarat Chamber of Commerce and Industry (SGCCI) undertook a visit to Sri Lanka from 11-17 September to explore business opportunities in Sri Lanka, especially in the gem and jewellery field. The seven-member business


8th AGM of Sri Lanka-Greater Mekong Business Council

Views - 27 Monday, 14 October 2019 00:10

The eighth Annual General Meeting of the Sri Lanka-Greater Mekong Business Council was held recently at the Colombo Club. Ambassador of Vietnam Pham Thi Bich Ngoc, Ambassador of Thailand Chulamanee Chartsuwan and Ambassador of Myanmar Han Thu were t


Textrip bags Silver at NCE Awards

Views - 25 Monday, 14 October 2019 00:09

Textrip Ltd., a subsidiary of the Elasto Group of Companies which has a proud history of over 70 years in the rubber industry, won the Silver Award of National Level, Medium Category, Rubber Sector at the Export Excellence Award 2019 organised by the


Petform wins NCE Export Award

Views - 21 Monday, 14 October 2019 00:06

Petform Ltd., the giant of the plastic and paper based packaging industry, bagged a Bronze award at the National Export Awards ceremony – 2019 organised by the National Chamber of Exporters of Sri Lanka (NCE). The prestigious award came from Plasti


CA Sri Lanka’s 40th National Conference kicks off today

Views - 44 Monday, 14 October 2019 00:05

The 40th National Conference of Chartered Accountants organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will be inaugurated today, 14 Monday, at Waters Edge, Battaramulla under the patronage of Fiona Wilkinson, President


AIA Insurance congratulates Sri Lanka’s Most Admired Companies

Views - 20 Monday, 14 October 2019 00:03

AIA Insurance congratulated the winners of Sri Lanka’s Most Admired Companies 2019, for being recognised not just for their financial performance but also the value they create for their shareholders, customers, employees and the wider community. 


Second Sub-Committee Meeting on Trade between Sri Lanka and Viet Nam

Views - 28 Monday, 14 October 2019 00:03

The Second Meeting of the Sub-Committee on Trade between Sri Lanka and Viet Nam, hosted by the Ministry of Industry and Trade of the Socialist Republic of Viet Nam, was successfully held in Ha Noi, Viet Nam on 3 and 4 October. The two sides had frui


EU support for good governance and reconciliation

Views - 22 Saturday, 12 October 2019 00:00

The European Union (EU) is providing € 40 million to Sri Lanka to co-finance the ‘Strengthening Transformation, Reconciliation and Inclusive Democratic Engagement’ (STRIDE) project. Treasury Secretary Dr. R.H.S. Samaratunga signed the financin


Canadian dream comes to Sri Lanka

Views - 90 Saturday, 12 October 2019 00:00

Often referred to as a land of immigrants, Canada is home to millions of newcomers who help build harmony and a way of life that shapes the land of opportunities. The country offers favourable immigration programs across various categories, which mi


Sirio recognised at Presidential Export Awards 2018/19

Views - 27 Saturday, 12 October 2019 00:00

Sirio Ltd., a leading manufacturer of lingerie and swimwear to the European market operating under the flagship of Italy-based Calzedonia S.p.A, was recently recognised with a Merit Award in the ‘Apparel’ sector at the 23rd Presidential Export Aw


Vigilant Security partners Safeway System China to introduce superior baggage scanning solutions

Views - 43 Saturday, 12 October 2019 00:00

Long-established Sri Lankan integrated security solutions provider – Vigilant Security & Investigation Services Ltd., recently tied up with China’s largest manufacturer of X-Ray baggage scanners – Safeway System. This partnership further fortif


PBSS clinches CNCI Gold Award

Views - 12 Saturday, 12 October 2019 00:00

Perfect Business Solution Services Ltd. (PBSS) clinched a Gold award at the Ceylon National Chamber of Industries (CNCI) Awards recently, for the third consecutive year. The award its commitment to quality and delivery on time service to the highest


Phase IV of UNIDO-backed Sri Lanka bamboo training starts next week

Views - 22 Saturday, 12 October 2019 00:00

After UNIDO’s successful training sessions in bamboo-based production for Sri Lankan artisans, the next phase of the pioneering series is now scheduled to start next week. The latest round in the pioneering UNIDO series of trainings, called Protot


Bank of Ceylon sponsors 40th National Conference of CA Sri Lanka

Views - 42 Friday, 11 October 2019 00:10

Bank of Ceylon has come on aboard as the Gold Sponsor of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) 40th National Conference of Sri Lanka. This is said to be the country’s biggest business summit that is expected to receive


MODSIT, USAID conduct dialogue on trade for Kurunegala entrepreneurs

Views - 52 Friday, 11 October 2019 00:10

The Ministry of Development Strategies and International Trade (MODSIT) together with the USAID-SAIL project hosted a Public-Private Dialogue (PPD) on Global Trade for businessmen in the Kurunegala District on Friday 27 September at Hotel Kamrel in K


Daraz treats online shoppers in celebration of third anniversary

Views - 32 Friday, 11 October 2019 00:01

Completing three successful years in Sri Lanka, Daraz has announced a whole range of offers and promotions for online shoppers as they celebrate their anniversary this month. The birthday week, commencing from 10 October and continuing until 15 Octob


Eminent personalities to motivate Chartered Accountants at CA Sri Lanka’s 40th National Conference

Views - 216 Thursday, 10 October 2019 02:36

A diverse portfolio of some of Sri Lanka’s best-known names, including corporate leaders, entrepreneurs, famous mountaineers and a legendary cricketer, will take the stage at the 40th National Conference of Chartered Accountants to help rediscover


AmCham Sri Lanka launches ‘Meet the Candidate’ series

Views - 70 Thursday, 10 October 2019 02:33

The American Chamber of Commerce in Sri Lanka announced the ‘Meet the Candidate’ series, at which the main presidential candidates will be hosted at a forum designed to discuss and express their proposed policies. The first in this series will t


5 reasons to attend the Future of Business – Innovation Strategy and Learning Event 2019

Views - 103 Thursday, 10 October 2019 02:33

The Ceylon Chamber will be organising the ‘Future of Business,’ innovation strategy and learning event for the third consecutive year on 23 October. Here’s why this event would be of interest to you: 1. Learn from renowned global and local spe


Sri Lanka boat industry captures the Italian market

Views - 137 Thursday, 10 October 2019 02:31

The boat and shipbuilding sector is identified as a focused sector in the National Export Strategy (NES) 2018-2020. This sector is a leading industry and an emerging export sector offering a wide variety of products and services to international mark


Today's Columnists

Elpitiya test market: Implications for brands Gota and Sajith

Wednesday, 23 October 2019

In the traditional world of marketing, we tend to test market a product before going national with it. There are three test marketing areas that are normally selected by FMCG companies - Gampaha, Kandy and Negombo. The logic behind this is that the c


An efficient energy sector for economic growth

Tuesday, 22 October 2019

When I saw the advertisement about an Energy Forum organised by PUCSL for a Policy Dialogue on the importance of an efficient energy sector for economic and investment growth, I was very happy as I have been interested in this relationship for more t


Will the rule of law, ethics, and morality be above family rule and crony rule?

Tuesday, 22 October 2019

The two main contenders for the Presidency of Sri Lanka are Gotabaya Rajapaksa and Sajith Premadasa. That is stating the obvious. No doubt, some others may have a limited impact on the outcome. Minority votes may benefit Premadasa, while the Sinhala


Addressing past harm

Tuesday, 22 October 2019

The approach towards an inclusive and equal society, where all human beings are to be treated equally before the eye of law and every human being should have the right to remedy for the harm done to them, seems nothing but a façade when our memories


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