Asian firms’ confidence sinks to near three-year low on trade war fears

Views - 20 Thursday, 20 September 2018 01:29

JAKARTA (Reuters): Confidence among Asian companies slumped to the weakest in almost three years in the third quarter as businesses feared blowback from a worsening global trade war, a Thomson Reuters/INSEAD survey showed. Representing the six-month

Malik calls for more exports – the way forward for Sri Lanka

Views - 41 Thursday, 20 September 2018 01:29

His Excellency President Maithripala Sirisena, Hon. Ministers, Your Excellencies and Members of Diplomatic Missions, Secretary, Ministry of Development Strategies and International Trade, Chairperson and Chief Executive, EDB, distinguished invitees,

Govt. to carry out 3-day investment promotion mission in Germany next week

Views - 40 Thursday, 20 September 2018 00:49

By Charumini de Silva Development Strategies and International Trade Minister Malik Samarawickrama said the Government was undertaking a three-day investment promotion mission to Germany next week with a view to attract top German companies to set up

Shangri-La agreement not between GoSL and China: Malik

Views - 55 Thursday, 20 September 2018 00:48

The controversial Shangri-La Hotel project in Colombo is not a result of an agreement signed between the governments of Sri Lanka and China, Development Strategies and International Trade Minister Malik Samarawickrama confirmed to Parliament yesterda

Producers adulterating Ceylon tea: State Minister for Plantations

Views - 17 Thursday, 20 September 2018 00:48

By Ashwin Hemmathagama – Our Lobby Correspondent Adulterating the legendary Ceylon tea exported to 131 countries around the world has become a key issue, the Government confirmed at Parliament yesterday. The use of chemical substances such as ferro

Top German brands to boost Sri Lankan economy

Views - 202 Wednesday, 19 September 2018 00:00

More than 100 German brands were represented during the relaunch of the fifth edition of the ‘Top German Brands in Sri Lanka’ in the presence of Development Strategies and International Trade Minister Malik Samarawickrama, German Ambassador to Sr

CNCI submits views on SL-S’pore FTA to Presidential Commission

Views - 28 Wednesday, 19 September 2018 00:00

Ceylon National Chamber of Industries (CNCI) Chairman Raja Hewabowala stated in a media release that the CNCI has submitted their observations on the Sri Lanka Singapore Free Trade Agreement (SLSFTA) to the Committee of Experts appointed by President

Sri Lanka-Singapore Business Council elects Rohitha Mendis as President at 20th AGM

Views - 87 Wednesday, 19 September 2018 00:00

The 20th Annual General Meeting (AGM) of the Sri Lanka-Singapore Business Council of the Ceylon Chamber of Commerce was held recently at the Ceylon Chamber of Commerce – Boardroom electing Rohitha Mendis as the President. The AGM was attended by ov

Carriage by Air Bill gets approved by Parliament

Views - 37 Wednesday, 19 September 2018 00:00

By Ashwin Hemmathagama The Government received House approval for the Carriage by Air Bill and regulations under the Civil Aviation Act tabled yesterday in Parliament. The Carriage by Air Bill was moved by Transport and Civil AviationMinister Nimal

Airports Authority of India to develop Palaly airport

Views - 20 Wednesday, 19 September 2018 00:00

New Delhi: India’s state-owned airport authority has agreed to develop Palaly airport in Northern Sri Lanka and it will be the authority’s first project in the island nation. The Airports Authority of India (AAI) said in a release yesterday that

ICC India and ICCSL sign MOU

Views - 48 Wednesday, 19 September 2018 00:00

International Chamber of Commerce of Sri Lanka and the International Chamber of Commerce of India entered into an MOU with the objectives of a) promotion and expansion of trade and commerce b) enhancing cooperation and exchange of information and sem

Eran Wickramaratne addresses COYLE on ‘Enterprise Sri Lanka’

Views - 29 Wednesday, 19 September 2018 00:00

The Chamber of Young Lankan Entrepreneurs (COYLE) hosted a roundtable discussion at its monthly meeting with State Minister of Finance and Mass Media Eran Wickramaratne, who was joined by Cabinet Minister of Telecommunications and Digital Infrastruct

Online Govt. trade portal set to fail if structural problems go unchecked: Leading researcher

Views - 108 Tuesday, 18 September 2018 00:00

By Madushka Balasuriya  In July this year, Sri Lanka made one of the most progressive steps in its trade history when it launched the Sri Lanka Trade Information Portal (SLTIP). An initiative by the Department of Commerce, in collaboration with the

Ambassadors of UK, Norway, Germany, France, Netherlands and Switzerland to hold interactive evening

Views - 55 Tuesday, 18 September 2018 00:00

The Ceylon Chamber of Commerce (CCC) is to hold the second interactive session of its initiative titled Power of Interaction this Thursday, 20 September, with the aim of bringing together delegates of the European Union and the United Kingdom, in ord

National Chamber to host Vietnam Ambassador on 26 September

Views - 9 Tuesday, 18 September 2018 00:00

Vietnamese Ambassador to Sri Lanka Phan Thi Ngoc will be the Special Guest Speaker in ‘Meet the Ambassador’ program on ‘Bilateral Trade between Sri Lanka & Vietnam’ on Wednesday 26 September at the Chamber, from 3 p.m. to 4:30 p.m., No. 450 D

8 Lankan firms under EDB banner at Texworld/Apparel Sourcing Paris

Views - 45 Tuesday, 18 September 2018 00:00

Eight Sri Lankan companies are taking part under the Export Development Board (EDB) banner at Texworld/Apparel Sourcing Paris which commenced yesterday and will conclude on Thursday. The EDB organised the second Sri Lankan pavilion at the fair. The 4

India grants Rs. 300 m to set up 5000 MT cold storage in Dambulla to boost agriculture sector 

Views - 45 Tuesday, 18 September 2018 00:00

India and Sri Lanka signed a memorandum of understanding (MoU) yesterday for the construction of a 5000 MT temperature controlled warehouse in Dambulla, Central Province. The Indian grant assistance of Rs. 300 million will be utilised for this purpo

Qatar-Sri Lanka economic ties enter defining moment: Envoy

Views - 62 Monday, 17 September 2018 00:15

DOHA: Sri Lanka’s Ambassador to Qatar, A.S.P. Liyanage, has said the bilateral relations between Qatar and Sri Lanka in terms of trade, investment, tourism and other activities will be further bolstered by the launch of the Sri Lanka Qatar Business

Sri Lankan bazaar at Embassy of Sri Lanka, Amman, Jordan

Views - 29 Monday, 17 September 2018 00:00

The Embassy of Sri Lanka in Amman, Jordan organised a Sri Lankan bazaar at the Embassy premises from 7-8 September.

London’s newest tea bar retains MTI for strategy critique

Views - 55 Monday, 17 September 2018 00:00

MTI Consulting has been retained by Teatulia, the fast-growing niche organic tea brand in the USA and UK, to chart their strategic direction and to provide implementation support.

SLIM Diploma to empower NTB sales team once again

Views - 16 Monday, 17 September 2018 00:00

The Sri Lanka Institute of Marketing (SLIM) has partnered with Nations Trust Bank to offer the Diploma in Professional Selling (DPS) to the bank’s sales team.

Triad featured in Lürzer’s Archive 200 Best Illustrators Worldwide 2018/2019

Views - 23 Monday, 17 September 2018 00:00

Triad has been recognised as the only Sri Lankan agency in the largest creative resource globally, ‘Lürzer’s International Archive 200 Best Illustrators Worldwide 18/19’.

Natural Capital Partners voted ‘Best Offset Retailer’ for record 8th consecutive year

Views - 16 Monday, 17 September 2018 00:00

Natural Capital Partners has been awarded the title of Best Offset Retailer for the eighth consecutive year and Best Advisory Service/Consultancy for a second straight year.

International Business Council

Views - 18 Monday, 17 September 2018 00:00

International Business Council President Kosala Wickremanayake

SLRA joins IRD to promote implementation of ‘Tourist VAT Refund System’ at BIA

Views - 32 Monday, 17 September 2018 00:00

The Sri Lanka Retailers’ Association (SLRA) member company representatives recently participated in an awareness program conducted by the officials of the RAMIS Project Office of Inland Revenue Department (IRD) to educate and promote implementation

Abans introduces Sri Lanka’s first international mall

Views - 177 Monday, 17 September 2018 00:00

Set to open its doors in the coming weeks, the Mall at Colombo City Centre has already made a name for itself as the first international mall in Sri Lanka.

Industrial Development Board showcases services at Enterprise SL Expo

Views - 25 Saturday, 15 September 2018 00:10

The Industrial Development Board (IDB) was one of the major participants of the Monaragala District Gam Peraliya – Enterprise Sri Lanka, National Program, the initiative of the Good Governance Government – Yahapalanaya Government led by President

How to scale up business: ‘Rockefeller Growth’ workshop by EO Sri Lanka

Views - 284 Saturday, 15 September 2018 00:00

Entrepreneurs’ Organization (EO) Sri Lanka recently organised the ‘Rockefeller Growth’ workshop at Hilton Colombo Residence. The workshop was conducted by Verne Harnish, the guru of fast-growth companies and’s #3 best-selling busin

BOI holds discussions with leading Singapore legal professionals and biz delegation

Views - 42 Saturday, 15 September 2018 00:00

The Board of Investment of Sri Lanka hosted a delegation of 25 members from the Singapore Business Federation and Law Society of Singapore. The delegation consisted of entrepreneurs and senior lawyers led by Law Society of Singapore President Gregory

The Exterminators introduces ‘Digital Pest Control Solutions’ in Sri Lanka

Views - 30 Saturday, 15 September 2018 00:00

The Exterminators Ltd., Sri Lanka’s premier pest control service provider, announced that they are the first company to introduce ‘Digital Pest Control Solutions’ in Sri Lanka and probably in South Asia. This achievement makes The Exterminators

Today's Columnists

STEAMing STEM – Moving from horoscopes to telescopes!

Thursday, 20 September 2018

Walking into an inventors’ exhibition should give one an experience similar to an immersion into the future. The world change with inventions and inventors lead the change. The creativity displayed is an indicator of the creativity of the society f

There is smoke in the eyes of those who do not want to see!

Thursday, 20 September 2018

Shyamon Jayasinghe, a former citizen of Sri Lanka, now living in Victoria, Australia, writing to Daily FT in a Guest Column article has given an old college try at the President of Sri Lanka by announcing about a cloaked portentous writing on the wal

Modi celebrates birthday whilst making India strong – Lesson for SL

Thursday, 20 September 2018

The Indian Prime Minister celebrated his birthday earlier this week in the backdrop of India growing at a blistering performance of 7.1%. The January-March quarter saw the highest GDP growth in the last seven quarters with India becoming the sixth la

Maximum Residue Level: Dilemma of agricultural product exporters in Sri Lanka

Wednesday, 19 September 2018

Due to increased emphasis on consumer health, majority of developed countries such as EU, Japan and the US insist on MRL testing of food items which has to be done by the exporter. The Codex Alimentarius Commission which is an inter-governmental bod

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