Business

Deputy Minister Nalin Bandara in Kunming SSACEIF festival

Views - 27 Friday, 14 June 2019 00:00

The South and Southeast Asia Commodity Expo and Investment Fair 2019 commenced on 12 June, in Kunming, capital of Southwest China’s Yunnan province with Sri Lanka being named as the theme country. A total of 3,348 enterprises from China and abroad


Triad team representing Sri Lanka takes wing to International Cannes Lions Festival

Views - 47 Thursday, 13 June 2019 00:37

Emerging victorious under the film category of the local Young Lions Competition, the dynamic team of Dawveed Senaratne and Lakshitha Priyankara from Triad Ltd. will represent Sri Lanka at the International Cannes Lions Festival in France. With the c


CIPM Sri Lanka confers Charter status to Member category

Views - 58 Thursday, 13 June 2019 00:36

CIPM Sri Lanka, the Nation’s leader in human resource management, conferred the Charter Member Status to its “Member” level category, and elevated them to “Chartered Member” category at a ceremony held on Friday 24 May at the CIPM Head Offi


Saranga Wijeyarathne takes over reins at Colombo Chamber of Commerce

Views - 79 Thursday, 13 June 2019 00:33

The Colombo Chamber of Commerce has appointed Saranga Wijeyarathne as its new President for the year 2019-2021. The Chamber made this announcement at its Annual General Meeting held recently at the Sri Lanka Foundation. Saranga holds an MBA from the


Japanese investor reiterates confidence in Sri Lanka

Views - 365 Wednesday, 12 June 2019 00:00

In the aftermath of the disruption caused by the tragic events on Easter morning on 21 April, the Board of Investment represented by its Media and Publicity Director Dilip S. Samarasinghe spoke to Jitsuo Mikasa, President of Tosslec Co. Ltd., of Kyot


There is no dispute in ownership of Wijaya Products, says Chairman Aruna Kothalawala

Views - 144 Wednesday, 12 June 2019 00:00

Wijaya Products is a household name in Sri Lanka for its range of spices and condiments along with a variety of other food products. The story of the company begins over three decades ago. Waylin Wijayaratne Kothalawala was a well-known gentleman in


Panasian Power plans Rs. 400 m placement with Emerald Fund to boost expansion, diversification

Views - 105 Wednesday, 12 June 2019 00:00

Panasian Power PLC, one of Sri Lanka’s leading green energy solutions providers, announced the private placement to institutional investor Emerald Fund (subject to Colombo Stock Exchange and shareholder approval) – one of the largest private equi


Takas.lk, Busbookings.lk, Saaraketha among SL companies selected to attend 9th GES in Netherlands

Views - 472 Wednesday, 12 June 2019 00:00

1,200 investors and entrepreneurs from across the world attended the summit that took place from 3-6 June at The Hague, Netherlands. This was the 9th summit and the first summit to be held in Europe. The Government of the United States of America an


Cabraal speaks at Belt and Road Strategic Platform Symposium in HK

Views - 40 Tuesday, 11 June 2019 00:37

Former Central Bank Governor Ajith Nivard Cabraal participated as a panellist at the Belt and Road Strategic Platform Symposium organised by The Hong Kong Polytechnic University held in Hong Kong on 31 May. The theme of the Symposium was ‘Hong Kong


Price of 92 Octane petrol increased

Views - 68 Tuesday, 11 June 2019 00:36

The Government has decided not to increase the prices of three of the four fuel types at this time. The Ministry of Finance announced that only the price of 92 Octane petrol will be increased with effect from midnight 10 June, based on the pricing fo


NCCSL workshop on SLS and ISO quality certifications

Views - 22 Tuesday, 11 June 2019 00:36

A full-day workshop on SLS, ISO, quality certifications and quality and productivity of a company in Sinhala medium will be held on Thursday, 13 June from 8:30 a.m. to 4 p.m. at the National Chamber Auditorium, 450, DR Wijewardene Mawatha, Colombo 10


FCCISL launches policy advocacy forum for SMEs and industrialists

Views - 57 Tuesday, 11 June 2019 00:36

FCCISL member chamber presidents representing many regional chambers, sectoral chambers and national chambers met recently to discuss the issues faced by SMEs and industrialists in the country. Ruwan Edirisinghe – President FCCISL and SAARC CCI see


Dian Gomes and Asoka Peiris converge on ‘Leadership and Business Strategy’ seminar

Views - 125 Monday, 10 June 2019 01:00

Dian Gomes, FCMA, CGMA, Chairman of Westgate International Ltd., President Boxing Association Sri Lanka and Honorary Consul of Georgia in Sri Lanka together with Asoka Peiris FCMA, CGMA, FCA, former Group Chief Executive Officer of Singer in Sri Lank


Seminar on national program to develop 2,000 new exporters by 2020 for Ratnapura entrepreneurs

Views - 56 Monday, 10 June 2019 00:56

The eighth seminar for the Ratnapura District entrepreneurs on the national program of developing 2,000 new exporters was held on 7 June at the Kethumathi Hotel, Ratnapura. The first seminar was held on 23 March 2017 launching the program for Norther


MTI forays into Azerbaijan with golf business assignment

Views - 32 Monday, 10 June 2019 00:54

MTI Consulting, with an intent to penetrate the CIS markets, have undertaken an initial need identification assessment in Baku for the Dreamland Golf Club. This MTI assignment was led by Darshan Singh, one of MTI’s Senior International Consultants,


IDB introduces Centre for Application of Robotics

Views - 178 Monday, 10 June 2019 00:52

The Industrial Development Board of Ceylon (IDB) which is now in the threshold of celebrating its Golden Jubilee, this year has taken initiative to introduce the Robotic Application Centre for Industries in Sri Lanka (RACI). The Centre for the A


Chinese author writes guide to investing in Sri Lanka under One Belt One Road Initiative

Views - 528 Saturday, 8 June 2019 00:10

Life is a many splendored thing. Zhang Zhe studied Sinhala at Communication University of China in Beijing. Although she could read, write and speak Sinhala, she never visited Sri Lanka until 2007, to study for her


Chinese Embassy holds media briefing on China-US Economic and Trade Consultations

Views - 28 Saturday, 8 June 2019 00:01

The Chinese Embassy in Sri Lanka held a media briefing on the China-US Economic and Trade Consultations on 5 June. Ambassador Chen Xueyuan briefed the press about the major content of the white paper ‘China’s Position on the China-US Economic and


Canada hosts world’s largest gathering on gender equality and well-being of women and girls

Views - 29 Saturday, 8 June 2019 00:00

Canada is hosting Women Deliver 2019 – the world’s largest conference on gender equality and the health, rights and well-being of girls and women – in Vancouver, British Columbia, from 3 to 6 June. Canada extended a warm welcome to the dynamic


TrackieX to help parents locate children anytime, anywhere

Views - 54 Saturday, 8 June 2019 00:00

TrackieX, a Sri Lankan start-up, recently launched TrackieX Kids 2G, a GPS tracking device designed to provide parents with the vital added sense of comfort regarding the security of their children. Every parent dreams of creating a safe haven for t


CIMA announces Corporate Business Leaders Challenge 2019

Views - 51 Friday, 7 June 2019 00:00

The Chartered Institute of Management Accountants (CIMA) announced that it will continue the Corporate Business Leaders Challenge (CBLC) program for the second year. This challenge is designed for aspiring professionals who are self-driven for succes


LVL Energy Fund records breakout performance

Views - 49 Friday, 7 June 2019 00:00

Leading energy company and subsidiary of Lanka Ventures, the LVL Energy Fund PLC, surpassed its outstanding financial performance in the previous year, by posting profit after interest and tax of Rs. 571 million in 2018/19 compared to Rs. 439 million


NES progress reviewed with core team

Views - 74 Friday, 7 June 2019 00:00

The Export Development Board (EDB) Advisory Committees of the focus sectors of the National Export Strategy reported their sector progress, issues and targets for the year 2019 at the core team meeting chaired by Minister of Development Strategies an


Fintrex Finance partners PickMe for corporate travel solutions

Views - 87 Friday, 7 June 2019 00:00

PickMe, one of Sri Lanka’s leading technology-driven mobility solutions provider announced its most recent partnership with Fintrex Finance Ltd. In today’s fast-paced environment, a ‘do-it-alone’ approach is not the best strategy for growth.


Room to Read Sri Lanka receives Great Place to Work certification

Views - 129 Friday, 7 June 2019 00:00

Room to Read, a leading non-profit focused on girls’ life skills education and children’s reading development, was certified as a great workplace by the independent analysts at Great Place to Work in Sri Lanka, the first not-for-profit in Sri Lan


Binod Chaudhary sees positivity for Sri Lanka with Modi Govt.

Views - 32 Friday, 7 June 2019 00:00

Nepali billionaire and business tycoon, CG Corp Global Chairman Dr. Binod Chaudhary, whose business interests in Sri Lanka span a segment of pioneering leisure offerings, believes strongly that India’s Prime Minister Narendra Modi, in his second te


Buildex Maldives: construction and building material products exhibition in Malé

Views - 31 Thursday, 6 June 2019 01:02

The Maldives National Association of Construction Industry (MNACI) along with Maldives Exhibition & Conference Services Ltd. are proud to present Buildex Maldives 2019 to be held on 22, 23 and 24 August in Malé, Maldives. The exhibition has been set


Seminar on proposed Cybersecurity Bill by FITIS, Sri Lanka CERT, Digital Ministry today

Views - 60 Thursday, 6 June 2019 01:02

FITIS and the Ministry of Digital Infrastructure Information Technology (MDIIT), together with Sri Lanka CERT, is jointly organising a seminar on the proposed Cybersecurity Bill today, 6 June, from 2 p.m. to 5 p.m. at CIMA Auditorium, Colombo 5. The


Sri Lanka to host first-ever International Logistics Conference

Views - 275 Wednesday, 5 June 2019 00:00

The logistics industry is reshaping and evolving its role to facilitate a new order of global trade, e-commerce and to reach out to the 21st century consumer with flexibility and speed, modernising the global supply chains. For this reason, strategic


‘Diva Idame Vasanawa’ rejoices in making dreams come true for 8th consecutive year

Views - 31 Wednesday, 5 June 2019 00:00

Diva’s ‘Idame Vasanawa’ competition, organised for eight consecutive years has once again presented the ultimate dream to three lucky winners of owning their own home. Diva is synonymous as a brand in helping consumers reap rich rewards and re


Today's Columnists

Implementing SC Orders

Wednesday, 26 June 2019

The Supreme Court on 18 April has ordered six Ministries, their Secretaries and three Government authorities to take immediate several effective measures to be enforced in the design and construction of all parts of new buildings and services the pub


Need for an education revolution: Future of our kids and the nation is at risk – Part I

Wednesday, 26 June 2019

It is said that a country is only good as her people. A country belongs to her people. In a democratic country, people elect the leaders to manage the country on their behalf. Hence, to be hailed as a progressive country, it is paramount for a countr


Universalism versus tribalism

Wednesday, 26 June 2019

The most venerable Warakagoda Sri Gnanarathana Thero Mahanayake of the Asgiriya chapter has announced that his recent remarks, have been misconstrued and distorted. The authenticity of recorded information in cyber space is an inconvenient truth of t


A sermon on stoning

Tuesday, 25 June 2019

It is generally assumed we have passed the Stone Age, the Bronze Age, the Iron Age, the Industrial Age, and the Space Age.After a breath-taking dive in to the Digital Age, we are well on our way to the Age of Automation and Artificial Intelligence. N


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