Business

DIMO sweeps CA Sri Lanka Annual Report Awards

/ Thursday, 8 December 2016 00:13

DIMO carries away a haul of five awards including Silver for Overall Excellence and Gold awards for  winning three sectors Diese...


Teejay sweeps highest number of Golds at National Business Excellence Awards 2016

/ Thursday, 8 December 2016 00:01

Teejay Lanka PLC, the newly-rebranded regional fabric manufacturing giant, shone at the National Business Excellence Awards 2016, the pres...


Japanese Ambassador tours Hirdaramani Knit Eheliyagoda in recognition of factory winning JASTECA Gold Award

/ Wednesday, 7 December 2016 00:08

Japanese Ambassador to Sri Lanka Kenichi Suganuma visited the Hirdaramani Knit Eheliyagoda factory recently in recognition of the factory winning t...


Joint venture for Indo-Lanka ferry connectivity

/ Wednesday, 7 December 2016 00:01

The Indo-Lanka ferry service commenced over a century ago in 1914, connecting Dhanushkodi in Tamil Nadu with Talaimannar in the island of ...


Lanka Sugar stuns with sweet Rs. 1 b turnaround

/ Tuesday, 6 December 2016 00:50

‘A state-owned biz success!’ - Bathiudeen Lanka Sugar harvests 561067 MT of cane in 2016, up 7.6% Reports Rs...


Leomine Organics enters Sri Lanka in partnership with AsterSmart

/ Tuesday, 6 December 2016 00:48

Leomine Organics Ltd. is part of the Vishal Group of Companies in India focused on serving the textile industry. Established in 1976, it has provid...


Papyrus introduces new range of graphic papers from iconic Italian brand Favini

/ Tuesday, 6 December 2016 00:47

Sri Lanka’s fine paper specialist Papyrus Papers has launched a new collection of graphic papers from the Italian paper brand Favini, signifi...


Textile manufacturers welcome Govt.’s positive approach towards industry

/ Tuesday, 6 December 2016 00:46

Local textile manufacturers appreciate the Government’s proposal to set-up textiles clusters, set out in the budget speech 2017, which is a p...


India’s Sajjan Jindal joins consortium to buy Italy’s Ilva steel plant

/ Monday, 5 December 2016 00:01

Bhubaneswar, India (Reuters): Sajjan Jindal, the billionaire chairman of the metals to cement conglomerate JSW Group, confirmed that JSW Steel is i...


Trade Promoters celebrates 40th anniversary milestone

/ Monday, 5 December 2016 00:01

In contemporary Sri Lanka, a business no longer stands out if it were simply providing a useful product and timely services. Customers expect value...


Tiles and sanitary ware importers hail Ravi K for duty and cess reduction

/ Monday, 5 December 2016 00:01

The Tiles & Sanitary Ware Importers Association (TSIA), a decade old importers chamber have been appreciative with the Budget 2016 hearing aft...


American and Sri Lankan experts discuss ways to unleash bilateral trade

/ Monday, 5 December 2016 00:01

More than 70 key decision makers and technical experts from across Sri Lankan ministries, agencies, research institutes, and chambers of commerce p...


LOLC Group wins prestigious National Business Excellence Award 2016

/ Monday, 5 December 2016 00:01

LOLC Group reached the pinnacle of excellence when it was crowned as the overall Gold Award Winner at the National Business Excellence Award (NBEA)...


Award-winning GiftSmart.lk launches free custom greeting cards

/ Monday, 5 December 2016 00:01

GiftSmart.lk, Sri Lanka’s award-winning gifting website, recently launched a freeonline platform where users can create personalised greeting...


Cargills MD appointed to CT Holdings Board

/ Monday, 5 December 2016 00:01

CT Holdings Plc (CTH) has announced the appointment of M. Imtiaz A. Wahid as Non-Executive Non-Independent Director to its Board of Directors with ...


Cenmetrix receives Best Project Award in Songdo Smart City, S. Korea

/ Monday, 5 December 2016 00:00

Cenmetrix receiving the ‘2016 best project award’ in Songdo Smart City, South Korea. Standing from left: Suprema Inc President James Le...


NDB Wealth promotes healthy 2017 themes

/ Saturday, 3 December 2016 00:12

“Eat healthy. Don’t skip breakfast. Sleep well. Get adequate and regular exercise. Drink plenty of water. Everybody knows this simple m...


Photo Technica launches 3 path-breaking Nikon KeyMission models in Sri Lanka

/ Saturday, 3 December 2016 00:11

Three revolutionary Nikon KeyMission models, which are amongst the latest Japanese trend-setters, were unveiled in Sri Lanka by Photo Technica rece...


Etisalat Lanka rewards customers with instant prizes through the Sooro Scratch & Win Promotion

/ Saturday, 3 December 2016 00:11

  Etisalat Lanka recently announced the instant prize winners of its Sooro scratch & win consumer promotion. The winners ...


Mobitel Cash Bonanza Montero Extravaganza awards 10th lucky winner

/ Saturday, 3 December 2016 00:10

  SLT Mobitel’s Cash Bonanza Montero Extravaganza 2016 is one of the most sought after promotional events in the countr...


Today's Columnists

Researchers and elephants – we have a problem!

8 December 2016

 John Dewey said that “every great advance in science has come from a new audacity of imagination” and these acts of imagination have to come from researchers. The numbers for Sri Lanka appear to be really worrying as the critica...


CEB Engineers, back to old practices

7 December 2016

   Considering the low reliability of the Norochcholai coal-fired power plant, Sri Lanka could face energy and capacity shortages in 2018-2019 and under drought  conditions even with planned plant additions   ...


Policy contradictions hold back economic prospects

7 December 2016

   Whilst fiscal adjustments are in disarray, the Central Bank which is supposed to conduct the country’s monetary policy independently is being increasingly subject to political influence, according to recent newspaper rep...


Why agricultural value chains fail – Part (2): A principal-agent-problem

7 December 2016

  A tea cultivation in Nuwara Eliya – Pic by Shehan Gunasekara   It is time to move away from traditional subsidy based agricultural value chains and look for more efficient methods. Some organisations are a...


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