Business

Powitt Solar Lanka brings ultra-modern photovoltaic technology to Sri Lanka with INE Solar Panels

Views - 254 Thursday, 6 September 2018 00:07

The Sri Lankan solar industry will gain localised access to one of the world’s most technologically advanced and globally demanded solar panels, with leading photovoltaic product manufacturer Infinity New Energy’s (INE) entrance to Sri Lanka. Th


249 young entrepreneurs from NCP identified for ‘Enterprise Sri Lanka,’ ‘Thurunu Diriya’ loans

Views - 38 Wednesday, 5 September 2018 00:00

A total of 249 young entrepreneurs qualified to receive ‘Thurunu Diriya’ loans were identified from North Central province. This was revealed at a progress review meeting for North Central Province, which was held on 31 August at the Anuradhapura


Minister Amunugama says SL should take advantage of location and develop a ‘Blue’ economy

Views - 40 Wednesday, 5 September 2018 00:00

Declaring open a new building at the Ocean University of Sri Lanka, Minister of Science, Technology, Research, Skills Development, and Vocational Training and Kandyan HeritageDr. Sarath Amunugama said recently that, taking advantage of our location a


British High Commission delegation visits Hambantota Port

Views - 53 Wednesday, 5 September 2018 00:00

A delegation from the British High Commission recently visited the Hambantota Port and was welcomed by the port operator, Hambantota International Port Group (HIPG) — a company established as a public-private partnership between the Government of S


Technology the key to accelerate growth in the subcontinent

Views - 306 Wednesday, 5 September 2018 00:00

By Darshana Abayasingha “South Asia offers two special aspects; we are the most competitive market in the world, they demand quality and they know how to extract value,” states Romal Shetty, President – Consulting of Deloitte India. It’s eas


Belluna Japan and Asia Capital to invest heavily in Sri Lanka’s real estate and hospitality market

Views - 176 Tuesday, 4 September 2018 00:41

Belluna Co., a Tokyo Stock Exchange – First Section listed company, and a significant player in the global real estate industry, reiterates its commitment to forge new paths for both the local real estate and hospitality market with the confirmatio


Sriyan de Silva Wijeyeratne remains Abans CEO though moving out of Board

Views - 99 Tuesday, 4 September 2018 00:40

Sriyan de Silva Wijeyeratne will continue to be the CEO of Abans Plc though he has resigned from the Board as a Director. In June, Abans Plc announced that via a Board resolution dated 18 June 2018, Wijeyeratne was appointed as CEO with effect from 1


AmCham holds roundtable discussion with US Dept. of Commerce’s Asia Head

Views - 45 Tuesday, 4 September 2018 00:40

The American Chamber of Commerce in Sri Lanka held a closed-door roundtable discussion this morning with US Department of Commerce Asia Executive Director James Golsen and its members. Golsen’s visit to Sri Lanka comes at an opportune time with US


‘Magnetic North’ booming as new BOI investment destination

Views - 99 Tuesday, 4 September 2018 00:00

The Northern Province has benefited from investment as a result of the efforts of the Board of Investment of Sri Lanka. The BOI opened a dedicated office in Jaffna in 2010 to attract and facilitate investment into the province. Whilst it is correct t


Dockyard ceremonially launches “KDDI Cable Infinity” built for Kokusai Cable Ship Co., Japan

Views - 303 Tuesday, 4 September 2018 00:00

Colombo Dockyard PLC (CDPLC) yesterday ceremonially launched the first ever Cable Laying Vessel being built for Kokusai Cable Ship Co. Ltd. (KCS) Japan. This is the biggest ever vessel, in terms of price as well as length, to be built by CDPLC in it


SMEs get much sought access to finance via Nordic switch

Views - 45 Monday, 3 September 2018 00:00

Turning a new page in the history of key Sri Lankan economic drivers – the SMEs, informal enterprises and unlisted businesses – a pioneering financial auditing framework was unveiled in Colombo on 30 August. As a result of the new framework, more


President attends Nepal Sri Lanka trade and investment conference

Views - 42 Monday, 3 September 2018 00:00

President Maithripala Sirisena participated in the Nepal Sri Lanka Trade, Tourism, and Investment Conference held in Katmandu Friday (31).


SLAMERP welcomes opening of breakthrough technology FEAS Centre

Views - 71 Monday, 3 September 2018 00:00

The Finite Element Analysis & Simulation (FEAS) Centre was ceremonially opened by Minister of Plantations Navin Dissanayake on 23 August at the Rubber Research Institute in Ratmalana, Sri Lanka.


EDEX Mid Year Expo promotes wide higher education options

Views - 39 Saturday, 1 September 2018 00:00

The EDEX Expo 2018, billed as Sri Lanka’s largest education exhibition and job fair, will be held in September to provide the widest range of options for higher education seekers.


SDB shifts Ampara branch to new location

Views - 13 Saturday, 1 September 2018 00:00

SANASA Development Bank’s (SDB) Ampara branch was relocated to its new premises on 23 August to No. 1017, D.S. Senanayake Street


MTI analyses cutting-edge R&D of University of Western Australia

Views - 35 Saturday, 1 September 2018 00:00

The University of Western Australia (UWA) pertains to be one of the strongest research intensive universities in Australia


SLT winner of 3 awards at Sri Lanka Best Employer Brand Awards 2018

Views - 20 Saturday, 1 September 2018 00:00

Sri Lanka Telecom (SLT), the national ICT solutions provider was the proud recipient of three awards at the prestigious


Thousands flock to ‘Enterprise Sri Lanka’ Exhibition

Views - 30 Saturday, 1 September 2018 00:00

An estimated 250,000 people have flocked to the first ‘Enterprise Sri Lanka’ Exhibition in Monaragala, according to the Finance Ministry, with the effort being a resounding success. The Exhibition kicked off earlier this week with Prime Minister


Aspire RCM offers young professionals and RCM companies pathway to shine in booming KPO industry

Views - 24 Saturday, 1 September 2018 00:00

Aspire RCM, the only US Healthcare Revenue Cycle Management (RCM) training institute in Sri Lanka, offers young professionals and school leavers a pathway to pursue an exciting career in the fast-expanding US healthcare KPO industry in Sri Lanka. Asp


SriLankan Airlines resumes flights to Cochin following reopening of airport

Views - 31 Friday, 31 August 2018 00:33

SriLankan Airlines, the largest foreign carrier into India, resumed its services to the southern Indian city of Cochin on 30 August, which had been suspended since 15 August due to the worst flooding in the state of Kerala in nearly a century. Cochin


Sunil appointed to RPC Group plantation companies

Views - 69 Friday, 31 August 2018 00:33

Sunil Liyanage has been appointed to the directorates of Kegalle Plantations Plc, Namunukula Plantations Plc and Maskeliya Plantations Plc under the Richard Pieris Group. Liyanage currently heads th


Plantation Ministry to launch projects to improve productivity 

Views - 54 Friday, 31 August 2018 00:10

The Government this week gave approval to allocate Rs. 136 million from the General Treasury to the Plantation Ministry to be utilised for projects to improve productivity in the sector. According to the prop


NHRDC conducts workshop for SME entrepreneurs in Gampaha District

Views - 27 Thursday, 30 August 2018 01:05

The National Human Resources Development Council (NHRDC) conducted a series of programs island-wide to build capacity of the small and medium scale business community. The latest program was conducted for selected SME entrepreneurs in the Gampaha Di


BOI hosts delegation from leading Chinese Chamber of Commerce

Views - 47 Thursday, 30 August 2018 01:05

A delegation of 14 entrepreneurs from one of China’s leading business chambers, the China International Chamber of Commerce for the Private Sector (CICCPS), visited the BOI with a view of exploring possibilities of investment in the island. CICCPS


Mohamed Anverally wins Gold at Asia Pacific Entrepreneurship Awards 2018

Views - 36 Thursday, 30 August 2018 01:04

Anverally & Sons Ltd. Chairman Mohamed Anverally was selected as the winner at the prestigious Asia Pacific Entrepreneurship Awards 2018 (Food and Beverage sector) held at the Shangri La Hotel, Colombo recently. The event aims to recognise and hono


‘Energising the Bureaucracy’ for swift policy implementation

Views - 19 Thursday, 30 August 2018 01:04

Sri Lanka Economic Summit 2018 ‘On the Fast Track to a Turnaround’ will feature a session focused on charting a path forward for leaders of the bureaucracy to drive and implement policy. Titled ‘Energising the Bureaucracy’, this will be the f


Exterminators celebrates 20 years in business and 5 years CarbonNeutral

Views - 40 Thursday, 30 August 2018 01:03

Commemorating its 20-year anniversary, Exterminators Ltd., Asia’s first and only CarbonNeutral pest management company renewed its commitment to sustainability for a fifth consecutive year. For 20 years, The Exterminators has been setting benchmar


5th International Conference on Social Sciences  (ICOSS 2018) in September

Views - 13 Thursday, 30 August 2018 00:05

The International Institute of Knowledge Management (TIIKM) (www.tiikm.com) is an entity that facilitates the purpose of knowledge transfer by constructing the career of the research fraternity, empowering decision making in the corporate sector and


First-ever unanimous Cooperative Policy ready after a decade’s work

Views - 17 Thursday, 30 August 2018 00:05

After a decade of country-wide efforts involving eight million members, the first-ever National Policy for Sri Lanka’s historic Cooperative sector has finally arrived at Cabinet level for ultimate approval. Once the approval by the Cabinet of Minis


Entrepreneurship lessons from Otara

Views - 182 Thursday, 30 August 2018 00:00

By Zahra Anver Successful entrepreneurs have the ability to tap into the changes around them, do things even when they lack understanding and, most importantly for award winning businesswomen cum philanthropist Otara Gunawardena, understand how to to


Today's Columnists

Laurels of ‘Living Together’: Refreshing reflections

Tuesday, 25 September 2018

It was a memorable evening with a mega gathering for a meaningfully different reason. It was not just another book launch with ego-boosting speeches about the author. It was also not an event where a popular politician coming late and preaching about


The fate of the rupee: Central Bank is caught with ‘Devil’s Alternative’

Tuesday, 25 September 2018

Not all are losing when the rupee depreciates The recent depreciation of the rupee against the US dollar in the market has apparently driven the entire nation to a panic mode. While it had been a field day for the media and opposition law makers, the


Southbound rupee and northbound CoL

Tuesday, 25 September 2018

The Sri Lankan Rupee hit a record low of 170 per $ last week, and the Minister of Finance warns of further depreciation. This is inevitable given the chaotic state of the nation’s economy. While the rupee turns south, CoL (cost of living) has no o


In the desert of Tamil films, actor Sivaji Ganesan was an oasis

Saturday, 22 September 2018

‘Indian Film,’ first published in 1963 and co-authored by former Columbia University Professor Erik Barnouw and his student Dr. Subrahmanyam Krishnaswamy, is considered a seminal study of the evolution and growth of Indian cinema. The book is cit


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