Business,Front Page

Caboo World App to revolutionise e-commerce industry in SL

Views - 469 Monday, 9 September 2019 00:00

Caboo World, Sri Lanka’s first multi-tasking e-commerce app, was launched last week with an investment of over $600,000 in a bid to connect entrepreneurs to gain access to global markets and to provide safer travel and better living for every citiz


CSR Lanka holds 6th AGM on ’Sustainable CSR in the Digital Age’

Views - 79 Monday, 9 September 2019 00:00

CSR Lanka Limited held its 6th Annual General Meeting (AGM) on 29 August from 4.00 pm onwards at The Ceylon Chamber of Commerce. The Chief Guest was Dr. Nirmal De Silva, a thought leader, a specialist in SME, social enterprise and leadership power pl


Event Management Association of Sri Lanka debuts

Views - 227 Monday, 9 September 2019 00:00

The event management industry has been in operation in Sri Lanka for a period of over 30 years, providing its valued services to State and private sector organisations. The Event Management Association of Sri Lanka (EMA) was launched recently in orde


CSE-GRI workshop series on sustainability reporting to commence 12 Sept.

Views - 68 Monday, 9 September 2019 00:00

The Colombo Stock Exchange (CSE), in collaboration with the Global Reporting Initiative (GRI) will hold the first workshop of the technical series titled “Preparing a Sustainability Report” on 12 September, from 9.30 a.m. to 3:30 p.m. at the Winc


The Employers’ Network on Disability forges work opportunities for youth

Views - 33 Monday, 9 September 2019 00:00

The Employers’ Network on Disability affiliated to the Employers’ Federation of Ceylon (EFC) has enabled several opportunities in the world of work for youth with disabilities. This year, many employment opportunities, internships and training ha


Why corporate reporting needs to evolve

Views - 97 Monday, 9 September 2019 00:00

By Barry Melancon CPA, CGMA Over the past two decades, we have experienced a major shift in the business landscape, fuelled by the rise of the digital economy. Today, intangible assets, such as software, data and customer relationships, often compris


Public Forum on ‘Professional Education – Imperative for Economic Growth’

Views - 92 Monday, 9 September 2019 00:00

The National Human Resources Development Council of Sri Lanka (NHRDC) together with the Chartered Institute of Management Accountants (CIMA), the International Institute of Health Sciences (IIHS), the International Chamber of Commerce of Sri Lanka (I


Ceylon quartz recognised as highest value addition exporter in mineral sector by GSMB

Views - 51 Monday, 9 September 2019 00:00

Ceylon Quartz Industries, an affiliate company of the Bartleet Group, shined at the Bhu Abhimani, Haritha Harasara Pranama Ulela 2019 organised by the Geological Survey and Mines Bureau (GSMB) receiving the coveted award of the Best Value Addition Ef


SL High Commission, London conducts economic outreach program targeting British-Sri Lankan community

Views - 30 Monday, 9 September 2019 00:00

The Sri Lanka High Commission in London organised a roundtable presentation followed by a networking lunch on ‘Investment and Trade Opportunities in Sri Lanka’ for the British-Sri Lankan business community, on Monday 2 September, at the Holiday I


MODSIT, USAID conduct dialogue on trade for Kandy entrepreneurs

Views - 44 Saturday, 7 September 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 businessman in the Kandy District on 23 August at Hotel Suisse in Kandy. The even


Towards sustainable business 2030

Views - 48 Saturday, 7 September 2019 00:01

This year CMA Sri Lanka will be celebrating its 20th anniversary with the inauguration of the Conference Technical Sessions which will be on 10 September. The theme of the conference is ‘Sustainability Development Goals Agenda 2030 – The Role of


Achieving sustainable economic growth

Views - 56 Saturday, 7 September 2019 00:00

The third session at the CMA National Management Accounting Conference 2019 and Commonwealth Accountants Conference on 9 and 10 September will be a Breakout Panel Discussion consisting of four concurrent sessions. This Breakout session 3(d) will be o


Politicians must discard biz interests when elected to P’ment: Eran

Views - 55 Friday, 6 September 2019 00:00

By Divya Thotawatte State Minister of Finance Eran Wickramaratne this week said politicians must discard their businesses interests when they take up public office as this engenders conflicts of interest that impact on the independence of the public


Sustainable packaging for a circular economy at Lankapak 2019

Views - 52 Friday, 6 September 2019 00:00

Industry giants converge at the BMICH to showcase innovative and cutting-edge technologies, set to transform the Packaging, Processing, Printing and Plastic industries of the future. With the industry’s leading players embracing the 21st edition of


Shermal appointed as COO of CIC Holdings

Views - 151 Friday, 6 September 2019 00:00

Shermal Fernando was appointed as Chief Operating Officer (COO) of CIC Holdings PLC with effect from 1 September. First appointed to the Board of Directors of CIC Holdings PLC in November 2005, Shermal held the position of Group Finance Director/Com


Colombo YMBA to address biz community tomorrow

Views - 46 Thursday, 5 September 2019 01:47

The Colombo YMBA, the premier and the largest Buddhist institution in the country, will address the business community on 6 September at 5 p.m. at the BMICH on ‘The Current Situation in the Country and the Way Forward’. Colombo YMBA started the


YPO appoints office bearers at AGM

Views - 363 Thursday, 5 September 2019 01:47

The Young Professionals Organisation (YPO) affiliated with the United National Party, held the Annual General Meeting on 28 August at Temple Trees, Colombo, in the presence of Chairman MP Harshana Rajakaruna. The YPO is one of the most active affilia


New e-commerce reforms set to boost SMEs

Views - 226 Thursday, 5 September 2019 01:45

By Madushka Balasuriya  Small and medium-sized enterprises (SMEs) will be the biggest beneficiaries if the Sri Lankan Government’s proposed reforms of its e-commerce infrastructure prove successful, a Government official claimed on Tuesday. “We


Financial Intelligence Unit enters into MoUs with CMA and NGJA

Views - 38 Thursday, 5 September 2019 01:39

In terms of the provisions of the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA), the Financial Intelligence Unit (FIU) of Sri Lanka entered into Memoranda of Understanding (MOUs) with Condominium Management Authority (CMA) and National G


Industry innovation and infrastructure

Views - 57 Thursday, 5 September 2019 01:36

The third session of the CMA National Management Accounting Conference 2019 and Commonwealth Accountants Conference on 9 and 10 September will be a Breakout Panel Discussion consisting of four concurrent sessions. This Breakout session 3(c) will be o


Sunil Wijesinha keynote speaker at Productivity and Quality Confab

Views - 31 Thursday, 5 September 2019 01:35

‘Productivity and Quality through Japanese Habits and Techniques’ will be the title of Sunil G. Wijesinha’s keynote speech at the closing ceremony of the National Convention on Quality and Productivity 2019 to be held on 6 September at the Nelu


Daraz launches online corporate and bulk purchasing

Views - 108 Wednesday, 4 September 2019 00:00

Having made its mark in online retail, Daraz recently ventured into providing corporate and bulk purchasing for businesses with the launch of Daraz Corporate. The latest addition enables enterprises to call for quotations through Daraz for any of the


Sri Lanka-China Business Council holds 18th AGM

Views - 112 Wednesday, 4 September 2019 00:00

The 18th Annual General Meeting of the Sri Lanka-China Business Council (SLCHBC) of the Ceylon Chamber of Commerce was held recently at Taj Samudra Colombo. Embassy of People’s Republic of China Commercial Counsellor Yang Zuoyuan was the Chief Gues


EDB successfully conducts 20th Exporters’ Forum

Views - 61 Wednesday, 4 September 2019 00:00

Sri Lanka Export Development Board (EDB) successfully conducted the 20th Exporters’ Forum on 3 September, at the EDB Auditorium under the patronage of Deputy Minister of Development Strategies and International Trade Nalin Bandara. The forum took u


Harnessing SL’s human capital, creating jobs and scientific research for sustainable development

Views - 148 Wednesday, 4 September 2019 00:00

This year CMA Sri Lanka will be celebrating its 20th anniversary with the CMA National Management Accounting Conference 2019 and Commonwealth Accountants Conference on 9 and 10 September. The inauguration of the Conference Technical Sessions will be


Gender equality and empowering women

Views - 45 Wednesday, 4 September 2019 00:00

The third session at the CMA National Management Accounting Conference 2019 and Commonwealth Accountants Conference on 9 and 10 September will be a four Breakout Panel Discussion conducted concurrently. This Breakout session 3(b) will be on ‘Gender


Sri Lanka rural youth create start-up successes and nail blue-chip projects

Views - 47 Wednesday, 4 September 2019 00:00

Having dared to break into entrepreneurship despite graduating with a Sri Lankan university degree, 73 Lankan youth clinched financial grants from Sri Lanka’s National Enterprise Development Authority (NEDA) in a celebration of their start-up succe


ISMM’s workshop on ‘Building a Resilient Supply Chain’ a success

Views - 31 Wednesday, 4 September 2019 00:00

The Institute of Supply and Materials Management (ISMM), the pioneer in supply chain education and training in Sri Lanka, incorporated by an Act of Parliament, organised a workshop titled ‘Building a Resilient Supply Chain,’ taking into considera


JASTECA to conduct awareness seminar on KAIZEN and 5S

Views - 53 Tuesday, 3 September 2019 00:46

Two of the most popular Japanese management techniques – KAIZEN and 5S – will be the focus of a full-day awareness seminar to be conducted by the Japan Sri Lanka Technical and Cultural Association (JASTECA) on 27 September. The seminar will be co


National honours for Dilmah Founder

Views - 103 Tuesday, 3 September 2019 00:46

Dilmah Founder Merrill J. Fernando was bestowed with the ‘Deshamanya’ title at the recent National Honours Ceremony presided by President Maithripala Sirisena. The ‘Deshamanya’ (Pride of the Nation) title is one of Sri Lanka’s top 2 nationa


Today's Columnists

State of the economy of Sri Lanka

Saturday, 21 September 2019

I am not an economist nor do I profess to be an economic analyst. The views expressed in this presentation are those of a layman who has always been interested in the economic progress of Sri Lanka.


Premadasa, Père et Fils

Saturday, 21 September 2019

We are what time, circumstances and history has made of us. We are trapped in history. At age 77, I refuse to trap history in my mind. This essay is an obligation to history. Although J.R. Jayewardene introduced ‘Executive Presidentialism’, coer


Economy, business community and the Prime Minister

Friday, 20 September 2019

The speech made by Prime Minister Ranil Wickremesinghe as the Chief Guest of the Sri Lanka Economic Summit 2019 deserves very careful consideration by the country due to several reasons. This will no doubt be his last speech on economic policy to be


Sri Lanka needs to invest more on soft infrastructure

Friday, 20 September 2019

Developing countries like Sri Lanka will have to prepare for further downside risks in 2020 with the growing debt problems and the growth problems in Europe and the slowdown in Asia. Slower growth is already visible in weakening global trade and comm


Columnists More