Business

Delegation from Sri Lanka-Singapore Business Council visits Singapore

Views - 229 Tuesday, 27 August 2019 00:17

Searching for opportunities to bolster trade and investment ties, a delegation from the Sri Lanka-Singapore Business Council of the Ceylon Chamber of Commerce, was in Singapore from 21 to 23 August. The visit was a result of a coordinated effort by


CIOB to discuss construction industry crisis today

Views - 75 Tuesday, 27 August 2019 00:14

The Discussion Forum ‘Way Forward for the Construction Industry Crisis in Sri Lanka’ organised by Ceylon Institute of Builders (CIOB) will be held today at the Organisation of Professional Associations of Sri Lanka (OPA)Auditorium. Chamber of Con


Binod Chaudhary wins Outstanding Leader – SAARC

Views - 40 Tuesday, 27 August 2019 00:00

Chairman of CG Corp Global and strong investor in the Sri Lankan hospitality sector Dr. Binod Chaudhary was named the Outstanding Leader – SAARC at the CEO Awards 2019 held in Mumbai recently. The prestigious annual awards organised by CEO India m


SL Economic Summit to tackle SOE reforms

Views - 50 Monday, 26 August 2019 01:14

State-owned enterprises (SOEs) have been debated for many years now. Discussions around it have covered improving profitability, service and governance while examining the root causes for the continued losses incurred by SOEs. Some of the solutions


Hayleys ups Fentons stake by 24.5% to 99.5%; unveils new logo

Views - 1067 Monday, 26 August 2019 01:13

Leading integrated engineering solutions specialist Fentons Ltd. has announced that it had re-branded as ‘Hayleys Fentons.’ The move is following the Hayleys acquisition of a further 24.5% of the company’s issued share capital in of the company


SAARC Development Fund Board approves two projects in Member States

Views - 48 Monday, 26 August 2019 01:12

The SAARC Development Fund (SDF) held it 31st Board Meeting in Colombo recently, taking decisions on key issues to further promote regional integration and economic cooperation among its eight Member States. Two projects – ‘Consortium for scalin


Entrepreneur Awards 2019 Western Province in October

Views - 46 Monday, 26 August 2019 01:11

The National Chamber of Commerce of Sri Lanka has joined hands again with the National Enterprise Development Authority (NEDA) for the fourth year in succession to conduct the Entrepreneur Awards 2019 – Western Province for the micro, small, medium


CCC seminar on how to transform business on 29 Aug.

Views - 44 Monday, 26 August 2019 01:11

The Ceylon Chamber will hold an informative training on how to learn, innovate and grow your business towards success on 29 August at the Auditorium of the Ceylon Chamber of Commerce starting at 10:30 a.m. The participants will be advised on how to g


Something for everybody at FACETS 2019

Views - 24 Monday, 26 August 2019 01:11

This year’s FACETS International Gem and Jewellery Exhibition boasts an extensive number of local and international stalls, featuring a wide variety of exhibits ranging from precious stones, gold and silver jewellery; and exquisite watches to semi-


CIMA Business Leaders’ Summit on 4-5 Sept.

Views - 84 Monday, 26 August 2019 01:01

The 42nd CIMA Business Leaders’ Summit will be held at the Shangri-La, Colombo. The flagship event, held annually, will be under the theme ‘ART of Leading the Shift: Adaptability, Resilience, and Transformation’. The Business Leaders’ Summit


CMA Sri Lanka 20th anniversary

Views - 121 Monday, 26 August 2019 01:01

This year CMA Sri Lanka will be celebrating its 20th anniversary. The first conference was held in 2005 and this year CMA is holding the 15th annual flagship event which will be held on 9h and 10 September and the International Integrated Reporting W


Anamchara pioneers narrative design for leaders and brands

Views - 124 Monday, 26 August 2019 00:43

Anamchara launched Narrator at the Colombo Hilton this week, the first of six new tools and resources the strategic narrative design company intends to introduce in 2019. Narrator draws on a range of cross-disciplinary approaches, including marketin


WIM Top50 second annual conference: ‘Being a Corporate Athlete at Work’

Views - 255 Monday, 26 August 2019 00:40

The second WIM Top50 Conference titled ‘Being a Corporate Athlete at Work’ was held on 26 July at the Galle Face Hotel Colombo, attended by nearly 170 participants, comprising of women and men, across middle and senior management from many divers


Leema Creations introduces new super brand solid surface

Views - 68 Saturday, 24 August 2019 00:10

Leema Creations Ltd., the industry giant in interior solutions and home and commercial furniture manufacturing, together with Durlax India Ltd., India’s largest solid surface manufacturer announce the introduction of their super brand product ‘Lu


Here’s why you should choose to buy a LG Refrigerator from Abans

Views - 51 Saturday, 24 August 2019 00:10

Refrigerators are assets that are designed to last longer than most electronic appliances. This is why it is important to make an informed choice when purchasing a refrigerator. So, whether you’re buying a new LG Refrigerator for the first time or


SLT wins CSR Leadership Award for Community Development at Sri Lanka Best Employer Brand Awards

Views - 20 Saturday, 24 August 2019 00:10

Sri Lanka Telecom (SLT), the leading ICT and digital solutions provider in the country, won the CSR Leadership Award for Community Development at the Sri Lanka Best Employer Brand Awards 2019 awards ceremony, held at Taj Samudra, Colombo recently. Th


INSEE Cement celebrates 50th year of Puttalam Plant with Colours Night

Views - 72 Saturday, 24 August 2019 00:10

Sri Lanka’s foremost cement producer, Siam City Cement (Lanka) Ltd., known as INSEE Cement, celebrated a unique milestone in the Company’s journey when the Company’s manufacturing plant in Puttalam commemorated 50 years. The Puttalam Cement Pla


KnowEx Online for open-access publishing

Views - 39 Saturday, 24 August 2019 00:01

As we live in the digital era of the 21 st century, the world is moving to new methods from traditional and conventional theories via research. Our lives have been digitalised and nowadays we are almost unable to put things together without a proper


AmCham to host event on gig economy and flexible workplaces next week

Views - 44 Friday, 23 August 2019 00:00

The American Chamber of Commerce in Sri Lanka is presenting the third installment of the ‘Modern Workplaces’ series for 2019 titled ‘The Gig Economy and Flexible Workplaces’. This event will be held on Wednesday, 28 August, at the Cinnamon Gr


Global and local corporates rally to support CIMA Biz Leaders’ Summit

Views - 77 Friday, 23 August 2019 00:00

The 42nd CIMA Business Leaders’ Summit will be held at the Shangri-La, Colombo on 4 and 5 September. The annual flagship event is held under the theme ‘ART of Leading the Shift: Adaptability, Resilience & Transformation’. In this centenary ye


CA Sri Lanka to break gender barriers in boardrooms with ‘Board Ready Female Members Directory’

Views - 65 Friday, 23 August 2019 00:00

In a landmark initiative aimed at breaking gender barriers across boardrooms, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently launched the ‘Board Ready Female Members Directory’ which promotes more female representatio


Learn art of business proposal writing for loans and funding

Views - 67 Friday, 23 August 2019 00:00

Writing appropriate business proposals for loans and funding is challenging. Moreover, many people are unaware of the basis of assessment when proposals are considered, hence the effort put into drafting a business proposal often goes to waste. The C


Fitch revises outlook on Singer Sri Lanka to negative; affirms at ‘A-’

Views - 55 Friday, 23 August 2019 00:00

Fitch Ratings has revised the outlook on consumer-durables retailer Singer (Sri Lanka) PLC’s National Long-Term Rating to Negative from Stable. Fitch has simultaneously affirmed the National Long-Term Rating at ‘A-(lka)’ as well as the ‘A-(l


CIMA seminar on international tax next week

Views - 51 Thursday, 22 August 2019 00:53

The Chartered Institute of Management Accountants (CIMA) in Sri Lanka is conducting a comprehensive and educative workshop to expound on International Tax and Double Tax Treaties post the implementation of the new Inland Revenue Act on 27 August at t


CCC’s Economic Summit to discuss Sri Lanka’s next growth drivers

Views - 77 Thursday, 22 August 2019 00:53

Keeping in mind Sri Lanka’s marked slowdown in economic growth over the last few years, and the need for a strategic plan to get back on track, the Sri Lanka Economic Summit (SLES) 2019 will examine strategies on growth, this September. The panel


Amending People’s Bank Act privatisation attempt: SLPP

Views - 68 Thursday, 22 August 2019 00:46

By Nuwan Senarathna The Sri Lanka Podujana Peramuna (SLPP) yesterday criticised amendments proposed to the People’s Bank Act, which is expected to be taken up in Parliament today, as an attempt to eventually allow outside investors to buy shares of


Sri Lanka Business and Investment Forum at Gujarat Chamber of Commerce and Industry

Views - 32 Thursday, 22 August 2019 00:46

The Board of Investment of Sri Lanka recently held a Business and Investment Forum at the Gujarat Chamber of Commerce and Industry (GCCI) in Ahmedabad, targeting the Chamber’s membership. This Forum was supported by the Sri Lankan High Commission i


Fresh legislation to develop south presented to P’ment

Views - 41 Thursday, 22 August 2019 00:45

By Ashwin Hemmathagama – Our Lobby Correspondent The Government yesterday moved the Ruhunu Economic Development Corporation of Sri Lanka Bill in Parliament to develop the southern regions of the country by establishing export processing and tourism


LIIN newest member of APEC IGD Caucus in Tokyo

Views - 102 Wednesday, 21 August 2019 00:00

The APEC Inclusive Growth and Development Caucus is led by Foundations for Development Corporation (FDC) under the auspices of the APEC private sector arm, the APEC Business Advisory Council (ABAC). Chandula Abeywickrema, Founder and Chairman of LII


Women’s empowerment new category at Best Corporate Citizen Sustainability Awards

Views - 43 Wednesday, 21 August 2019 00:00

A new category will be opened in the 2019 edition of the Ceylon Chamber of Commerce’s Best Corporate Citizen Sustainability (BCCS) Award competition, to recognise the efforts and initiatives taken by corporates to strengthen and empower women. Dem


Today's Columnists

State of the economy of Sri Lanka

Saturday, 21 September 2019

I am not an economist nor do I profess to be an economic analyst. The views expressed in this presentation are those of a layman who has always been interested in the economic progress of Sri Lanka.


Premadasa, Père et Fils

Saturday, 21 September 2019

We are what time, circumstances and history has made of us. We are trapped in history. At age 77, I refuse to trap history in my mind. This essay is an obligation to history. Although J.R. Jayewardene introduced ‘Executive Presidentialism’, coer


Economy, business community and the Prime Minister

Friday, 20 September 2019

The speech made by Prime Minister Ranil Wickremesinghe as the Chief Guest of the Sri Lanka Economic Summit 2019 deserves very careful consideration by the country due to several reasons. This will no doubt be his last speech on economic policy to be


Sri Lanka needs to invest more on soft infrastructure

Friday, 20 September 2019

Developing countries like Sri Lanka will have to prepare for further downside risks in 2020 with the growing debt problems and the growth problems in Europe and the slowdown in Asia. Slower growth is already visible in weakening global trade and comm


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