Business

Cookoo Eats: Jaffna’s up and coming food delivery app gains ground

Views - 1071 Tuesday, 11 February 2020 00:01

Cookoo Eats, a food delivery app launched as a startups by a group of friends as Jaffna’s alternative to similar popular apps in Colombo and the suburbs such as Uber Eats and PickMe Food is fast gaining popularity in the Northern capital.


NCE gears up for 2020 with key initiatives and programs to support members

Views - 133 Monday, 10 February 2020 00:33

The National Chamber of Exporters (NCE) is the only private sector chamber which exclusively serves Sri Lankan exporters. The Chamber continuously strives to improve on its range of services by introducing refinements to its current services, as well


Lankan firms on show at Ambiente 2020 to boost exports

Views - 1202 Monday, 10 February 2020 00:06

Five progressive Sri Lankan companies are vying to boost exports by securing new buyers at Ambiente 2020, the world’s largest consumer goods show ongoing in Frankfurt, Germany. The companies are Dankotuwa Porcelain Plc (Hall 6.12) along with its si


Amana Bank commemorates Independence Day

Views - 45 Saturday, 8 February 2020 00:05

Commemorating the country’s 72nd Independence Day, Amãna Bank recently launched its Independence Day celebrations under the theme ‘Let us stand together under one flag towards enabling growth and enriching lives’. The launch event for the Inde


First Friends Campus wins two Star Awards for business excellence

Views - 21 Saturday, 8 February 2020 00:05

First Friends Campus (FFC) was the proud winner of the Star Award for Excellent Entrepreneurship in Service Sector at Star Awards 2019 organised by the Department of Industrial Development and Entrepreneurship Promotion of the Ministry of Industries


Rotary Club of Colombo West celebrates 75th anniversary of United Nations

Views - 88 Saturday, 8 February 2020 00:02

The Rotary Club of Colombo West celebrated 75 years of the United Nations and invited Resident Coordinator in Sri Lanka Hanaa Singer to be the Chief Guest and speak on the topic of ‘Celebrating 75 years – UN’s role in building the future we wan


Wije Steel wins Star Award for Entrepreneurship Excellence

Views - 27 Saturday, 8 February 2020 00:02

Wije Steel Products, Kandy bagged the Three Star Award for Entrepreneurship Excellence in manufacturing sector, small category at the ‘State Star Awards 2019’ organised by the department of industrial development and entrepreneurship promotion of


US joins public and private sectors to launch ‘Career Bus’ that brings job skills to rural youth

Views - 94 Saturday, 8 February 2020 00:02

The ‘Career Bus’ funded by the United States embarked yesterday (7) on its maiden voyage. Traveling throughout Sri Lanka, it will bring professional employment advising services to rural youth with limited access to career guidance professionals.


Petrochina and Swiss Singapore get contracts for diesel and petrol imports

Views - 240 Friday, 7 February 2020 00:05

Cabinet approval has been given to Petrochina International (Singapore) Ltd. and Swiss Singapore International to supply petrol and diesel to the State-run Ceylon Petroleum Corporation for the next eight months. Oman Trading International was also g


AG informs SC Sri Lanka-Singapore FTA under review

Views - 55 Friday, 7 February 2020 00:00

The Attorney General yesterday informed the Supreme Court that the Government is re-examining the Sri Lanka -Singapore Free Trade Agreement signed during the previous government. A petition filed by eight parties including the Government Medical Offi


PUCSL gives CEB 12 Feb. deadline to submit report on unapproved power interruptions

Views - 24 Friday, 7 February 2020 00:00

The Public Utilities Commission of Sri Lanka (PUCSL) yesterday stated that the Ceylon Electricity Board (CEB) had until 12 February to submit a report on the unapproved power interruptions reported earlier this week from multiple areas in the country


President sends Ceylon Tea to coronavirus patients in China

Views - 35 Friday, 7 February 2020 00:00

President Gotabaya Rajapaksa yesterday gifted a consignment of world-renowned Ceylon Black Tea to Chinese Ambassador Cheng Xueyuan to be sent to those affected by the novel coronavirus, the President’s Media Division said yesterday. Ambassador Xu


Effectiveness within available means: Towards public sector modernisation

Views - 53 Friday, 7 February 2020 00:00

The 21st century has been marked by rapid economic, social, political, technological, cultural and environmental changes that have had a profound impact on communities and countries across the world. Complex challenges including climate change, incre


Outlook 2020 forum on Monday to feature interactive panel discussion

Views - 100 Friday, 7 February 2020 00:00

The Chamber Academy will host the Ceylon Chamber’s annual Economic Outlook forum for 2020 on 10 February. The event serves as a good opportunity for the private sector to understand the new policy direction of the government and witness the new Go


Expolanka Holdings remains resilient, consolidates performance

Views - 70 Friday, 7 February 2020 00:00

A focus on strengthening core business operations has enabled Expolanka Plc to record revenue of Rs. 27.8 billion during the third quarter of its financial year, noted a statement from the company this week. Expolanka highlighted agility and a custom


Consistent Teejay posts 9-month PBT of Rs. 2.364 b on sales of Rs. 26.3 b

Views - 53 Friday, 7 February 2020 00:00

Teejay Lanka PLC has reported profit before tax of Rs. 2.364 billion at Group level for the nine months ending 31 December 2019, an improvement of 56% over the corresponding period of the previous year. Sales for the period grew by 15% to Rs. 26.3 bi


Rifka Ziyard takes over as CIMA Country Network Panel Chair 2020

Views - 82 Friday, 7 February 2020 00:00

Rifka Ziyard FCMA, CGMA, Director, Tax and Regulatory at KPMG, took over as the Country Network Panel Chair recently. With over 15 years of experience in the field of finance, management and taxation, Rifka is a Fellow Member of CIMA and has a Maste


NCCSL brainchild ‘fromSriLanka.com’ unveiled in collaboration with EY

Views - 57 Thursday, 6 February 2020 02:43

The National Chamber of Commerce of Sri Lanka (NCCSL) recently launched ‘fromSriLanka.com’, a platform aimed at supporting Sri Lankan companies to promote their products and services into the Global Market space. The platform was launched under


Hajar Alafifi assumes duties as Chairperson of Unilever Sri Lanka

Views - 3813 Thursday, 6 February 2020 02:40

With effect from 1 February, Hajar Alafifi assumed duties as Chairperson of Unilever Sri Lanka and joins the Unilever South Asia Leadership Team. Taking the helm from her predecessor, Carl Cruz who has been appointed as Managing Director of Unilever


Postal Dept. to setup new courier services

Views - 44 Thursday, 6 February 2020 02:38

The Government has decided to set up courier service in four key cities to deliver packages through postal offices and provide electric motorcycles to postmen to deliver packages. Speaking to reporters at Media Ministry, Communication Technology Stat


CCC-Pathfinder Foundation host ‘Belt and Road Initiative: Challenges and Way Forward’

Views - 41 Thursday, 6 February 2020 02:35

Chinese approach to a better future of humankind is based on the Chinese historical and cultural values with two fundamental ideas: community sharing and mutual connectivity. Professor Wang Yiwei from China mentioned this at his keynote speech on ‘


Indian Cabinet allows Alliance Air to commence flying to SL

Views - 52 Thursday, 6 February 2020 02:34

The Indian Cabinet, chaired by Prime Minister Narendra Modi, has granted an ex post facto dispensation to Alliance Air, a subsidiary of Air India, to fly between India and Sri Lanka, a statement said yesterday. A special dispensation is allowed for


Govt. to spruce up infrastructure at free trade zones

Views - 44 Thursday, 6 February 2020 02:34

By Charumini de Silva The Industrial Export and Investment Promotion Ministry is to implement an infrastructure development project at all the Free Trade Zones (FTZs) and Export Processing Zones (EPZs) to provide strong support to firms helping to bu


Sri Lanka-Malaysia Business Council forum highlights economic direction of SL

Views - 60 Thursday, 6 February 2020 01:12

A forum discussing Sri Lanka’s economic direction for 2020, organised by the Sri Lanka-Malaysia Business Council was held at the Hotel Galadari. The event included some of the country’s key business and economic leaders, who discussed the potent


Measures to prevent coronavirus outbreak in Colombo Port

Views - 58 Wednesday, 5 February 2020 00:59

The Sri Lanka Ports Authority (SLPA) has implemented a successful program to prevent the spread of novel coronavirus from all ports including the Port of Colombo. This program is implemented under the guidance and supervision of Minister of Ports and


PNF urges PM to formulate national trade policy

Views - 146 Wednesday, 5 February 2020 00:58

The Professionals’ National Front (PNF), which is affiliated to the Sri Lanka Podujana Peramuna (SLPP), yesterday handed over a booklet containing recommendations on how the Government could form a national trade policy to Prime Minister Mahinda Ra


PUCSL demands CEB report on power interruptions

Views - 27 Wednesday, 5 February 2020 00:55

The Public Utilities Commission of Sri Lanka (PUCSL) has directed the Ceylon Electricity Board (CEB) to submit a report on power interruptions reported on Monday that were made without prior approval from the commission. According to a statement issu


Asoka Pieris appointed MD of Cargills Foods Company

Views - 446 Wednesday, 5 February 2020 00:55

Top corporate leader Asoka Pieris has been appointed the Managing Director of Cargills Foods Company Ltd, the group’s retail arm operating the country’s largest supermarket chain. He previously served as Director, Consultant, Advisor and Member o


First AHK-CEO Dinner with State Minister Keheliya Rambukwella

Views - 39 Wednesday, 5 February 2020 00:11

The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) organised on 28 January a CEO Dinner for the first time, in the presence of State Minister Rambukwella, German Ambassador in Sri Lanka Jörn Rohde, German Ministry of Economi


Crafting winning proposals for digital era

Views - 115 Wednesday, 5 February 2020 00:09

Digital is the most talked-about word today. Everybody from the CEO to the shop floor are talking about Digital. Most companies have very innovative offerings, but the skill to write winning proposals for Digital RFPs is a matter of concern. Recent y


Today's Columnists

China’s virus shutdown will hurt growth abroad

Friday, 28 February 2020

Many affluent Chinese fearful of being infected by the coronavirus and being quarantined by the State are staying home. Many companies and countries around the world are linked to the Chinese economy, which is likely to have far-reaching consequences


The reality of the system

Friday, 28 February 2020

The whole system of the country which has been crumbling is now on the verge of near collapse. The political regime, bureaucracy, intellectuals and the society in general did not have a sufficiently developed political imagination to understand the n


Writing on the wall

Thursday, 27 February 2020

Quick! Pick between reading this and opting to do something that really makes you happy. I suspect 99% of you would be more fulfilled getting to work half-an-hour earlier, going to market or school sooner than later, or simply goofing off at home or


Geneva: Right cause, wrong tactics

Thursday, 27 February 2020

The Geneva 2015 resolution is a hidden tripwire linked to a maze of claymore mines, some buried, some planted in ditches, others nested in trees. When this article appears, Sri Lanka may have nudged that tripwire. There was another, smarter, safer wa


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