Business

East West Marketing launches ‘Turkey Jack Mackerel’

Views - 25 Saturday, 8 December 2018 00:37

In line with its objective of providing the best quality foods to Sri Lankan consumers, East West Marketing launches Turkey Jack Mackerel Canned Fish product under its much-loved Turkey brand. Jack Mackerel is a big oily fish similar to tuna. Totally


Mobitel Cash Bonanza Carnival 2018 for month of November held in Angoda

Views - 13 Saturday, 8 December 2018 00:37

Mobitel successfully concluded another episode of its much-acclaimed loyalty rewards program with the ‘Mobitel Cash Bonanza Carnival’ at the T.B. Illangarathna Ground in Angoda on 17 November. The event concluded on a very high note wit


Richard Pieris export sector wins 3 awards at 26th Annual NCE Export Awards

Views - 46 Saturday, 8 December 2018 00:10

Richard Pieris export sector which consists of Richard Pieris Natural Foams Ltd., and Maskeliya Tea Gardens Ceylon Ltd. led by Dr. Sena Yaddehige, made a remarkable impact during the 26th Annual National Chamber of Exports of Sri Lanka (NCE) Export A


Colombo Rubber Traders’ Association postage stamp and special auction in commemoration of 100 years

Views - 27 Friday, 7 December 2018 00:00

The Colombo Rubber Traders’ Association (CRTA) of the Ceylon Chamber of Commerce, which represents the interest of Sri Lanka’s rubber industry, was inaugurated on 27 November 1918. The Association as a part of its celebrations launched a postage


World food prices fall in Nov. to lowest in more than 2 years: FAO

Views - 33 Friday, 7 December 2018 00:00

ROME (REUTERS): World food prices declined in November to their lowest level in more than two years, led by declines in vegetable oils, dairy and cereal, the United Nations food agency said on Thursday. The Food and Agriculture Organization’s (FAO


Joint Apparel Association Forum unveils new logo, launches new corporate website

Views - 94 Friday, 7 December 2018 00:00

The Joint Apparel Association Forum (JAAF) last week began a new journey for Sri Lanka Apparel as it officially unveiled its new logo and the new corporate website. Sri Lanka Apparel during its existence in the last four decades grew and set itself


Baker Tilly International unveils new visual identity and brand positioning

Views - 20 Friday, 7 December 2018 00:00

Baker Tilly International, a leading international audit firm, which has its presence in Sri Lanka, will today unveil a new logo, visual identity and a new purpose – ‘Now for Tomorrow’ – as part of the ongoing evolution of the Baker Tilly bra


CNCI seminar on EPF and ETF on 11 Dec.

Views - 20 Friday, 7 December 2018 00:00

The Ceylon National Chamber of Industries (CNCI), has planned a full-day seminar on ‘EPF and ETF’ to be conducted on 11 December from 9 a.m. to 4 p.m. at Hotel Taj Samudra. The CNCI has observed that the Private Sector employees all of whom are m


Colombo Dockyard lays keels of Bouy Tender Vessel, Pilot Station Vessel for GCPI through TTC Japan

Views - 89 Thursday, 6 December 2018 01:04

On 4 December, Colombo Dockyard PLC (CDPLC) laid the keel to auspiciously commence shipbuilding work on the 60 m Buoy Tender Vessel and the 50 m Twin Hull Catamaran hull Pilot Station Vessel for General Company for Ports of Iraq (GCPI) as per an Agre


Sri Lanka participates in ‘Foodex 2018’

Views - 90 Thursday, 6 December 2018 01:03

Sri Lanka Embassy in Riyadh and the Consulate General in Jeddah took part in ‘Foodex 2018’, an international trade exhibition dedicated to the food and drink industry, held from 12-15 November in Jeddah. Sri Lanka tea industry professionals, Tea


Trade Info Series to benefit ICC Sri Lanka membership

Views - 21 Thursday, 6 December 2018 00:16

ICC Sri Lanka is committed towards improving accessibility for member organisations to reach global markets. ICCSL will be facilitating a series of webinars with the minister (commercial) from Sri Lankan Embassies overseas in the main export markets


MTI Consulting launches CEO Survey for 2019

Views - 118 Thursday, 6 December 2018 00:15

For the eighth consecutive year, MTI Consulting will be carrying out the CEO Business Outlook Survey in association with the Wijeya Newspapers Group. The annual survey will be conducted during the last weeks of December, with the results being releas


George Steuart Teas’ ‘Rosa Kahata’ wins Intellectual Property case against Unilever Lipton Ceylon

Views - 1148 Wednesday, 5 December 2018 00:00

George Steuart Teas Ltd., one of the top tea exporters in Sri Lanka, recently announced that it has won the intellectual property case against Unilever Lipton Ceylon Ltd. The ruling was issued by the Commercial High Court of Colombo on 23 November,


Hayleys crowned winner at CA Sri Lanka’s 54th Annual Report Awards

Views - 189 Wednesday, 5 December 2018 00:00

Leading conglomerate, Hayleys PLC triumphed at the 54th Annual Report Awards, winning the coveted ‘Cyril Gardiner Memorial Trophy’ Gold Award for Overall Excellence in Annual Financial Reporting at the grand finale held last night. John Keells Ho


InterBalance appointed GRI Data Partner for Sri Lanka

Views - 128 Wednesday, 5 December 2018 00:00

Global Reporting Initiative (GRI), an independent international organisation which has pioneered sustainability reporting, has appointed InterBalance as its GRI Data Partner for Sri Lanka. As a GRI Data Partner, InterBalance will collaborate with GRI


Sri Lankan Economist appointed to World Economic Forum Global Council

Views - 424 Wednesday, 5 December 2018 00:00

Sri Lankan Economist Anushka Wijesinha has been appointed to a Global Future Council of the World Economic Forum at its recent Summit in Dubai. Wijesinha will serve on the ‘Global Future Council on Innovation Ecosystems’ for the term 2018/19, wh


MTI enables Link Samahan entry into Ukraine

Views - 282 Wednesday, 5 December 2018 00:00

Having already secured market entry into Vietnam, Myanmar and Cambodia, MTI Consulting has now enable Link Samahan’s entry into the fast growing Ukrainian market, with a population of 42.5 million. Through its proven international market-entry met


SL must overcome structural challenges to grow

Views - 39 Wednesday, 5 December 2018 00:00

By Uditha Jayasinghe Solutions for Sri Lanka’s sluggish growth and currency depreciation challenges need sustainable policy making that underpin structural economic changes over the medium to long term, believes a top economist. National Economic


Asia cannot prosper alone without South Asia : SAARC CCI President Ruwan Edirisinghe

Views - 21 Wednesday, 5 December 2018 00:00

SAARC Chamber of Commerce and Industry (SAARC CCI) President Ruwan Edirisinghe led a businessmen delegation to participate in the 32nd edition of Confederation of Asia Pacific Chambers of Commerce and Industry of the Asia-Pacific Region (CACCI) summi


Last chance to enter 7th Venture Engine entrepreneurship program

Views - 80 Wednesday, 5 December 2018 00:00

With the 10 December submission deadline for the latest edition of Venture Engine fast approaching, the life changing opportunity to sign up and be transformed by this innovative, intensive six-week entrepreneurship program will soon end.    As of


Technical transfer program for coir-based manufacturers in North Western and Southern provinces

Views - 45 Monday, 3 December 2018 01:50

The EDB’s Regional Development Division successfully concluded a Technical transfer program for coir-based manufacturers in the North Western Province (NWP) & Southern Province (SP) from 19-29 November under the ‘2000 Exporters Development Progra


CRTA calls for bold ideas to power next wave of growth in rubber industry

Views - 89 Monday, 3 December 2018 01:48

Celebrating 100 years of the rubber industry, the Colombo Rubber Traders’ Association (CRTA) called on all stakeholders to engage in a concerted effort to think afresh to harness the advantages the country holds to reclaim a competitive edge to pro


Speaker moots masterplan for rubber industry

Views - 337 Monday, 3 December 2018 01:43

Speaker Karu Jayasuriya on Friday insisted the need for a comprehensive rubber masterplan to drive the industry to the next level. Speaking as the Chief Guest of the Colombo Rubber Traders’ Association’s (CRTA) 99th Annual General Meeting (AGM),


LAUGFS Gas strengthens infrastructure in Bangladesh with new cylinder requalification plant

Views - 281 Monday, 3 December 2018 01:38

LAUGFS Gas Bangladesh Ltd., one of the largest LPG downstream distributors in Bangladesh, officially commissioned its newest cylinder requalification plant recently at its terminal facility in Mongla, Khulna. Operating a world-class LPG import, bottl


Aitken Spence kicks off 150 years celebrations with religious blessings

Views - 271 Monday, 3 December 2018 01:15

Aitken Spence inaugurated its 150th anniversary celebrations with a religious ceremony invoking blessings that commenced on 30 November. The ceremony was held at Aitken Spence Towers in Colombo with the participation of senior religious leaders, boa


Going strong at 140: Hayleys No.1 in LMD Top 20 rankings for second consecutive year

Views - 184 Monday, 3 December 2018 01:06

Iconic diversified multinational conglomerate, Hayleys PLC, maintained its position at the forefront of Sri Lanka’s corporate sector by becoming No.1 in the 25th edition of the LMD Top 20 for the second consecutive year.


Sampath Bank takes ‘Obe Diyunuwata Ape Maga Penweema’ seminar to Kurunegala

Views - 31 Saturday, 1 December 2018 00:51

The latest edition of ‘Obe Diyunuwata Ape Maga Penweema’, the interactive seminars hosted by Sampath Bank for representatives of the Small and Medium Enterprise (SME) sector, was held at the Kandyan Reach Hotel in Kurunegala recently. This is the


JLanka pitches all-in-one take at solar power with Trinahome

Views - 108 Saturday, 1 December 2018 00:50

JLanka Technologies, the foremost solar solutions provider of the country seals the deal with Trina Solar as its main distributor for the Trinahome within the Sri Lankan market. The growth in solar power within the country affirms that Sri Lanka is


Vision Care partners NSBM Career Fair 2018 as Silver Sponsor

Views - 27 Saturday, 1 December 2018 00:49

Vision Care Optical Services Private Ltd., one of the leading optical service firms in Sri Lanka, has partnered with NSBM Career Fair 2018 as a Silver Sponsor. The Career Fair will be held today and tomorrow at NSBM Green University Town, Pitipana, H


Access Engineering wins Merit Trophy at Presidential Environmental Awards 2018

Views - 22 Saturday, 1 December 2018 00:49

Access Engineering PLC, the foremost civil engineering enterprise in Sri Lanka, was recently awarded with a merit trophy of commendation at the Presidential Environmental Awards 2018. The Presidential Environmental Awards is organised by the Central


Today's Columnists

Economic and regional issues upstage Hindutva plank in Indian State elections

Saturday, 15 December 2018

Results of the recently-concluded State Assembly elections in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram show that economic and regional issues have upstaged “Hindutva” – the ideology of the ruling Bharatiya Janata Party (BJ


Rationality of Sirisena’s irrationality

Saturday, 15 December 2018

Man becomes a little cog in the machine, and, aware of this, his one preoccupation is to become a bigger cog said Max Weber, the founding father of sociology. Maithripala Sirisena became a small cog after the 19th Amendment. Then he decided to be a b


The Pinguttara of our politics

Saturday, 15 December 2018

Tale of Pinguttara There is an interesting piece in the LankaEnews of 13 December that refers to President Maithripala Sirisena as a ‘Pinguttara.’ I like to pick up that idea and develop on that. ‘Pinguttara,’ is a term that is ascribed to so


Overcoming the crisis: The second freedom struggle

Friday, 14 December 2018

The crisis that has been developing in Sri Lanka, manifesting itself in varied forms at different times since independence, has now taken the form of a constitutional crisis, threatening the survival of the Sri Lankan State. Regardless of the Court


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