Business

NCE requests representation in Budget Monitoring Committee

Views - 5 Tuesday, 26 March 2019 00:00

The National Chamber of Exporters (NCE) has called for its inclusion in the Budget Monitoring Committee of the Ministry of Finance, to be able to monitor effectively expenditure items related to exports sector as well as the actual results achieved t


Workshop on Customer Due Diligence and Enhanced Customer Due Diligence

Views - 29 Monday, 25 March 2019 00:00

With Sri Lanka placed on FATF’s list of jurisdictions that are non-compliant and now blacklisted by the EU, designated financial businesses and non-financial businesses including real estate agents, casino operators, gem merchants, lawyers etc. hav


Sarada De Silva appointed as WTO-ITC Consultant

Views - 20 Monday, 25 March 2019 00:00

Sarada De Silva has been appointed as a Consultant by the International Trade Centre of the World Trade Organisation (WTO-ITC) ‘MARKUP’ Project for the Spice Sector of the East African Community funded by the EU.  Sarada de Silva is a Past Pre


Malik opens German country pavilion at Build SL 2019

Views - 40 Monday, 25 March 2019 00:00

The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) presented the best of its construction products and solutions in its first-ever country pavilion at the housing and construction expo ‘Build SL 2019’, held over the weeke


Emjay-Penguin excels at JASTECA Awards 2018

Views - 19 Saturday, 23 March 2019 00:18

Emjay International and Penguin Sportswear Ltd., a leading manufacturer of high quality apparel in Sri Lanka, was recently recognised at the JASTECA Awards 2018 taking home five awards. Organised by the Japan-Sri Lanka Technical and Cultural Associa


SLT joins hands to promote Tamil music at Super Star

Views - 8 Saturday, 23 March 2019 00:17

Sri Lanka Telecom, the leading telecommunication service provider in the country added another feather to its cap by becoming the Official Telecommunications Partner at Junior Super Star – the county’s only world class platform available for the


Rainco ‘Thegi Dela’ mosquito net promotion showers customers with fantastic gifts

Views - 6 Saturday, 23 March 2019 00:16

Renowned for the manufacture and supply of high quality mosquito-proof nets, Rainco Ltd.’s novel consumer promotion ‘Rainco Thegi Dela’ concluded recently presenting winners with fantastic gifts. During the gala awards ceremony held at the Ozo


Discussion on narrowing generation gap through education tomorrow

Views - 8 Saturday, 23 March 2019 00:12

The Honorary Ambassador Award Discussion 2019 titled ‘Generation Gap: Can it be narrowed through education?’ by Real Life Social Enterprise will be held tomorrow (24) from 5 to 7 p.m. at the CONNECT Meeting Room of Shangri-La Hotel, Colombo. Real


Ecoclean Vexta: a new and unique washing solution

Views - 10 Saturday, 23 March 2019 00:12

Marking yet another milestone for the well-loved brand, Ecoclean launched its newest innovation, Ecoclean Vexta Detergent Powder, amidst much excitement and support from their most loyal customers. Launched in August of 2014 by Purelife Solutions, Ec


SLT shines at JASTECA awards

Views - 11 Saturday, 23 March 2019 00:10

Sri Lanka Telecom (SLT), the national ICT solutions provider won six awards at the prestigious JASTECA awards 2018. Regional Telecom office – Ratmalana won a merit award – ‘Taiki Akimoto 5S Awards’ and the company’s CSR project ‘160 year


Sri Lanka to discuss Draft National Policy on LNG

Views - 124 Friday, 22 March 2019 00:00

The Ministry of Highways and Road Development together with Petroleum Resources Development has developed the Draft National Policy on Liquid Natural Gas with a view to establish and develop the natural gas industry in Sri Lanka. With the view of fu


Unilever continues to empower teams with emerging technologies

Views - 45 Friday, 22 March 2019 00:00

Unilever Sri Lank Ltd. rolled out VEGA, a Robotics Process Automation (RPA) based intelligent report generation tool recently. This is part of a renewed effort by the company to leverage technology and empower teams with the right tools that will hel


Venora International wins Silver awards at FCCISL Sri Lankan Entrepreneur of the Year 2018

Views - 21 Friday, 22 March 2019 00:00

Venora International Projects Ltd. was awarded the National and Provincial Silver Awards (Extra Large Category - Western Province) at Sri Lankan Entrepreneur of the Year 2018 awards ceremony, organised by Federation of Chambers of Commerce and Indust


6 hip and trendy co-working spaces in Colombo

Views - 41 Friday, 22 March 2019 00:00

Are you an entrepreneur looking for a convenient location to kick-start your business, or are you simply trying to find the best venue to host a corporate meeting? Here are six vibrant and cost-effective working spaces to look out for on MillionSpace


Kelani Knowledge Forum 2019: bringing the latest know-how in the electrical engineering sphere

Views - 60 Friday, 22 March 2019 00:00

Kelani Cables PLC, Sri Lanka’s number one brand in secure electrical and communication cables, held its annual scholarly conversation forum Kelani Knowledge Forum 2019 recently at Water’s Edge, Battaramulla. The keynote address was made by one o


SLTBC signs MoU with Chamber of Commerce and Thai BOT

Views - 50 Thursday, 21 March 2019 01:50

The Sri Lanka Thailand Business Council (SLTBC) signed a Memorandum of Understanding (MoU) with the Chamber of Commerce and Board of Trade of Thailand (BOT) during an interactive business meeting held at the Head Office of the Chamber of Commerce and


PUCSL proposes standards and regulatory system for water fittings

Views - 29 Thursday, 21 March 2019 01:25

Public Utilities Commission of Sri Lanka (PUCSL), with the co-operation of other institutions, has drafted the standards and regulatory measures for water fittings in Sri Lanka, with an expectation to facilitate the participation of other regulatory


Mangala calls on Ronnie

Views - 57 Thursday, 21 March 2019 01:25

Minister of Finance Mangala Samaraweera yesterday called on former Minister of Finance Ronnie de Mel. The meeting took place at the Colombo residence of de Mel. Former Chief Minister of the Southern Province H.G.Sirisena was also present at the meeti


Uni Lanka arraigns Hayleys: Breach of obligation costs Rs. 5 m

Views - 61 Thursday, 21 March 2019 01:08

Colombo High Court awarded Rs. 5 million to Uni Lanka Distributors Ltd. from Defendant Hayleys Consumers Products Ltd. for acting in breach of obligation entered into a purchase agreement.


Kabul calls for first direct air corridor, investment pact to revive Sri Lanka trade

Views - 152 Wednesday, 20 March 2019 00:00

Buoyed by its unprecedented victory in the latest global Doing Business ranks, Afghanistan has called to open a direct air corridor with Sri Lanka on 25 March. Kabul is also keen on an Investment Protection and Promotion (IPP) pact with Colombo to re


Artificial Intelligence will reduce jobs by 40%

Views - 268 Wednesday, 20 March 2019 00:00

Artificial Intelligence (AI), the ability of tech to perceive, reason, learn and problem-solve which are typically associated with matter between our ears is said to replace almost 40% of the jobs in the next decade, said Clootrack – Sri Lanka and


SLT successfully conducts SME Business Customer Forum in Sabaragamuwa Province

Views - 23 Wednesday, 20 March 2019 00:00

Sri Lanka Telecom (SLT), the national ICT solutions provider in Sri Lanka, successfully conducted Small and Medium Enterprises (SME) Business Customer Forum in Sabaragamuwa Province recently, as the first customer forum in 2019. The forum was held at


NDB ‘Unu Kewum’ offers are back this Avurudu

Views - 20 Wednesday, 20 March 2019 00:00

The Sinhala and Tamil New Year is a one-of-a-kind celebration that is held with great reverence in Sri Lanka. It is also a time when we shop for gifts, new clothes and other essentials for ourselves and our loved ones. Understanding this requirement


Seylan Bank: Title sponsor and official banking partner for Kedella Construction Expo 2019

Views - 22 Wednesday, 20 March 2019 00:00

The bank with a heart extended its presence as the title sponsor and official banking partner for Kedella Construction Expo 2019, Sri Lanka’s most sought after housing exhibition for the sixth consecutive year. Organised by the Asia Exhibitions an


Japan to provide waste collection trucks for Jaffna

Views - 323 Wednesday, 20 March 2019 00:00

The Government of Japan has extended a total sum of $ 83,432 (approx. Rs. 15 million) for “The Project for Providing Secondhand Waste Collection Trucks in Jaffna” through its Grant Assistance for Grassroots Human Security Projects (GGP). The gra


Hakeem says United National Front Govt. formed joining Sirisena yielded bitter experiences

Views - 16 Wednesday, 20 March 2019 00:00

SLMC Leader, Minister Rauff Hakeem said that the United National Front Government formed joining with President Maithripala Sirisena has yielded bitter experiences during the regime. The Minister was speaking at the opening of the National Water Supp


Progressive Professional Forum seminar

Views - 42 Wednesday, 20 March 2019 00:00

The seminar organised by the Progressive Professional Forum (PPF) was held under the patronage of Dinesh Gunawardhana on 17 March, at the Sri Lanka Foundation Institute.  Gamini Gunasekara chief organiser and coordinator of PPF handed over policy pa


Sri Lanka Embassy in Bahrain organises free medical camp

Views - 15 Wednesday, 20 March 2019 00:00

The Al Hilal Hospital, based in the Kingdom of Bahrain, and Sri Lanka Club, in close association with the Embassy of Sri Lanka, conducted a free mega medical clinic and camp at the Al Hilal Hospital premises, to coincide with the 71st Independence Da


Tripitakabhivandana Dhamma Discussion: Buddha’s words a gift to humanity

Views - 57 Wednesday, 20 March 2019 00:00

The Consulate General of Sri Lanka in Sydney together with the SuttaCentral.net jointly organised a Dhamma Discussion with Ven. Ajahn Sujato Thero, Co-Founder of SuttaCentral and Dr. Mark Allon (PhD Cambridge), Chair of School of Languages and Cultur


Sharing of success stories of doing business in the Greater Mekong sub-region: Myanmar, Thailand and Vietnam

Views - 47 Tuesday, 19 March 2019 01:51

The Sri Lanka Greater Mekong Business Council of the Ceylon Chamber of Commerce will be organising an event entitled “Sharing of Success Stories of doing business in the Greater Mekong Sub-region: Myanmar, Thailand and Vietnam” on Thursday, 21 Ma


Today's Columnists

4-day work week: A solution to many problems?

Tuesday, 26 March 2019

A three-day weekend every week and only four days of work a week. The idea would seem too good to be true for many. But this is an idea that is being experimented in the West and some companies have already started out on a four-day work week. How ab


Christchurch massacre and the Australian Labor Party

Tuesday, 26 March 2019

“He sought many things from his act of terror, but one was notoriety, and that is why you will never hear me mention his name… He is a terrorist, he is a criminal, he is an extremist. But he will, when I speak, be nameless… And to others I impl


Political bait to woo the professionals or a genuine effort to build the economy?

Tuesday, 26 March 2019

It has been a forgone conclusion that Sri Lanka’s current economic woes have been precipitated by the debt burden the country has to serve in the short term and the negative Balance of Trade. Whilst improving tax collection is a temporary measure t


Handagama’s Asandimitta: Not mere psychoanalysis; sociocultural, political and economic analysis too

Monday, 25 March 2019

Sri Lanka’s award winning film director, Asoka Handagama, screened his latest creative work, Asandimitta, before an invited audience in Colombo last week. This was a prelude to its public release, which was to be commenced immediately. Handagama i


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