Business

International Chamber of Commerce celebrate 100 years

Views - 71 Wednesday, 16 January 2019 00:00

The ICC, founded in Paris, France, in 1919, completes 100 years this year. The organisation’s international secretariat was also established in Paris, and its International Court of Arbitration was formed in 1923. The International Chamber of Comm


Chandima Perera resigns as Gestetner MD, to remain on Board

Views - 48 Wednesday, 16 January 2019 00:00

Chandima Perera has resigned as the Managing Director of Gestetner of Ceylon PLC, but will remain on the Board as a Non-Executive Director. The company announced that Executive Director S.T.P. Kahawala has been appointed as Chief Operating Officer. C


CCC Outlook Seminar 2019: Key takeaways to expect

Views - 23 Wednesday, 16 January 2019 00:00

The 2019 Sri Lanka Economic and Sector outlook seminar will be an ideal opportunity for the private sector in Sri Lanka to hear from leading experts and policymakers as they strategise for the year ahead. The seminar is to be held on 17 January at th


Osaka Heights Apartments aims to ‘elevate you to new heights’

Views - 37 Wednesday, 16 January 2019 00:00

My Property Ltd., exclusive sales and marketing partner for Osaka Heights Apartments, announced its official launch on 26 and 27 January from 9 a.m. to 5 p.m. at the Cinnamon Grand, Cedar Room. A brand new apartment complex, developed by Leeway Deve


Sri Lanka Italy Business Council of Ceylon Chamber of Commerce welcomes Ambassador Mannella

Views - 15 Wednesday, 16 January 2019 00:00

The newly appointed Italian Ambassador to Sri Lanka Rita Giuliana Mannella the Ambassador for Republic of Italy in Sri Lanka was ushered by the Sri Lanka Business community at the gala Members Annual Fellowship 2018 held recently at the Hilton Colomb


Pakistan-Sri Lanka FTA discussed

Views - 24 Tuesday, 15 January 2019 00:22

The News (Karachi): The Consul General of Sri Lanka G.L. Gnanatheva visited the FPCCI to meet Dr. Mirza Ikhtiar Baig, Senior Vice President, FPCCI and discussed the bilateral trade, investment and potential of the Free Trade Agreement between Pakista


New Japanese Ambassador pays courtesy call on Malik

Views - 28 Tuesday, 15 January 2019 00:21

New Japanese Ambassador to SriLanka Akira Sugiyama paid a courtesy call on the Minister of Development Strategies and International Trade Malik Samarawickrama at the Ministry yesterday. The discussions were held towards further strengthening the bila


Thai Ambassador meets Deputy Minister of Developmental Strategies and Intl. Trade

Views - 19 Tuesday, 15 January 2019 00:20

Thailand Ambassador to Sri Lanka Chulamanee Chartusuwan met with Deputy Minister of Developmental Strategies and International Trade Nalin Bandara at the Ministry. The Minister highlighted that it is the intention of his Government to continue the st


Navin discusses free trade zone for rubber with Chinese delegation

Views - 36 Tuesday, 15 January 2019 00:18

A Chinese delegation led by Shen Danyang, the Vice Governor of Hainan Province of China met with the Minister of Plantation Industries Navin Dissanayake on Friday (11) at the Ministry premises in Sethsiripaya, Battaramulla. The Chinese delegation als


Kekulawala joins Softlogic Holdings Board

Views - 163 Monday, 14 January 2019 00:47

Ex-banker Nihal Kekulawala has joined the Board of Softlofic Holdings PLC as an Independent Director. He also currently serves on the Boards of Pan Asia Banking Corporation, AMW Capital Leasing and Finance, Lanka Walltiles, Lanka Ceramics, Lanka Vent


HNB and 27th Lane Business Hub to introduce Sri Lankan SMEs to German market

Views - 75 Monday, 14 January 2019 00:18

Sri Lanka’s most successful retail bank, HNB PLC in partnership with 27th Lane Business Hub (27LBH) will be sponsoring first local Small and Medium Enterprises (SMEs) exporters to visit International Green Week (IGW) in Berlin, Germany.


MTI strategises Africa entry for Bangladesh’s top conglomerate

Views - 380 Monday, 14 January 2019 00:10

MTI Consulting facilitates Bangladesh’s leading business conglomerate, the Gemcon Group, to explore Ethiopia (with the rest of Africa to follow) for the mainstream infrastructure and engineering business – Gemcon Ltd., via MTI’s Associate in Et


Seylan Bank kicks off new school year with ‘Tikiri New School Term Promo’

Views - 25 Saturday, 12 January 2019 00:00

The dawn of a new year brings new hope and new start for people, especially for children who expect novel gifts from family and relatives to pursue their aspirations. Understanding these needs, the bank with a heart has come forward for the fifth con


Viber launches polling in group chats and communities

Views - 20 Saturday, 12 January 2019 00:00

Viber, the leading messaging app, has announced that polls in group chats and Communities are now available globally via the world’s leading messaging app. With a growing base of over one billion users, catering to community requests, Viber Polls e


End of Season Sale now on at Colombo City Centre

Views - 35 Saturday, 12 January 2019 00:00

Colombo City Centre will be starting the New Year off with a bang by hosting an epic End of Season Sale for all customers who visit the mall. This special event began yesterday, and will continue till 20 January. Every high-end brand featured at the


Union Bank’s ‘UB Accelerate’ set to empower youth through career counselling today

Views - 20 Saturday, 12 January 2019 00:00

Union Bank will host ‘UB Accelerate’ with a view of providing career advice and opportunities to school leavers. Often at the current times, Sri Lankan youth find themselves at crossroads attempting to figure out the ideal career option. Most sc


Bank of Ceylon joins hands with Institute of Physics to build future scientists

Views - 11 Saturday, 12 January 2019 00:00

As a knowledge enhancement initiative for youth in the country, the Bank of Ceylon (BOC) has joined hands with Institute of Physics Sri Lanka/SLJSO to sponsor Sri Lankan teams to represent the country at the International Junior Science Olympiads (IJ


SLT partners Blue Ocean Group to power 24 condominium projects as Digital Services Provider

Views - 24 Saturday, 12 January 2019 00:00

Sri Lanka Telecom (SLT), the leading ICT solutions provider in the country has announced its partnership with Blue Ocean Group of Companies, the award winning and versatile conglomerate, with a flagship brand in real estate and construction, to be th


Introduction to Business & Human Rights: pioneering initiative by Global Compact Network Sri Lanka

Views - 204 Friday, 11 January 2019 00:00

Part of the world’s largest corporate sustainability initiative, the UN Global Compact Network Sri Lanka will be leading a ground-breaking introductory training session on Business & Human Rights (B&HR) on 24 January at Hilton Residences Colombo. T


Finance Minister meets Chinese Ambassador

Views - 27 Friday, 11 January 2019 00:00

Finance Minister Mangala Samaraweera met with Chinese Ambassador Cheng Xueyuan and his delegation at the Treasury yesterday. Minister Samaraweera apprised the Chinese Ambassador about the Sri Lankan Government’s plan to re-engage with the IMF and t


NIOE and Chamber of Commerce and Industries of Yarlpanam to promote int’l trade management courses

Views - 34 Friday, 11 January 2019 00:00

The National Institute of Exports provides a valuable service to export oriented enterprises by conducting professional courses related to International Trade at the Certificate, Advanced Certificate, and Diploma levels. Additionally, online courses


Kelani Cables introduces trendy ‘Kelani Breezer’ fans customised to Sri Lankan market

Views - 39 Friday, 11 January 2019 00:00

Kelani Cables PLC, Sri Lanka’s number one company in the secure electrical and communication cables manufacturing sphere by enhancing its product portfolio, introduced to the Sri Lankan market, a brand new product range of ‘Kelani Breezer’ fans


Lanka SSL named winner and runner-up at NBE Awards 2018

Views - 19 Friday, 11 January 2019 00:00

Lanka Special Steel Ltd. (Lanka SSL), subsidiary of E B Creasy Group and a pioneer in the domestic steel wire industry was recently named the winner under ‘Manufacturing – Other Sector’ in addition to being awarded second runner-up in the large


Bangladesh clashes prompt garment industry wage review

Views - 43 Friday, 11 January 2019 00:00

DHAKA (Reuters): Bangladesh, the world’s second biggest garment exporter behind China, will consider demands for an increase in the minimum wage, a minister said, after a third day of clashes with police that killed one worker and wounded dozens. P


India offers tax sops to small businesses

Views - 13 Friday, 11 January 2019 00:00

New Delhi (Reuters): India’s government announced a change in national sales tax rules on Thursday that would exempt an additional two million small businesses, in a move that could help garner support ahead of a general election that must be calle


Senior business leader George Ondaatjie no more

Views - 73 Friday, 11 January 2019 00:00

Senior business leader Deshabandu George Ondaatjie had passed away last week and his last rites were done via a private funeral. Ondaatjie was a pioneer, leading hotelier, investor, and was the founder of Mercantile Investments Group of Companies. At


Siddhalepa Group’s Supirivicky bags award at International Innovation Awards

Views - 75 Thursday, 10 January 2019 02:02

Enterprise Asia, the leading non-governmental organisation for entrepreneurship in Asia bestowed recognition on Sri Lanka’s homegrown, household staple, Supirivicky at their recently conducted International Innovation Awards for the year 2018. Supi


Deepthie Wickramasuriya joins Board of Vidullanka

Views - 87 Thursday, 10 January 2019 02:00

Vidullanka PLC announced the appointment of Deepthie Wickramasuriya to its Board, as a Non-Executive Independent Director with effect from 1 January 2019. This announcement follows the resignation of Zulficar Ghouse from the board a day before. In ad


EDB 2018 year-end talk delivered by Michel Nugawela on leadership branding

Views - 26 Thursday, 10 January 2019 01:57

Interbrand Sri Lanka CEO Michel Nugawela delivered the end-of-year presentation to the Sri Lanka Export Development Board on how leaders and brands access their authentic selves. The three-hour talk explored his mind-clarifying work in smart, symbol


SLCGE partners with nCinga to digitise SME sector

Views - 65 Thursday, 10 January 2019 01:54

“nFactory will not only revolutionise how manufacturers operate, but also help brands and retailers to run even a small factory by implementing its solution and gain benefits within a very short period of time at an affordable cost,” said nCinga


Today's Columnists

Automation and machine learning: Helping organisations extract deeper value from data

Tuesday, 22 January 2019

The world is in the midst of a data explosion. Humans are generating an estimated 2.5 quintillion bytes of data every single day1, according to Forbes, and more data was created in the past two years than in all of human history. No wonder data now r


SL tourism: From TOM to experience the brand in 2019

Tuesday, 22 January 2019

Last week I had just crossed the border that separates Laos from Thailand and was on route via land to Thailand. My mind was on Laos – a country branded globally as ‘Simply Beautiful’ (backed by the ADB in 2018) to attract visitors into the cou


Questionable (or absurd) official report on poverty indicators

Tuesday, 22 January 2019

The latest Report issued by the Ministry of National Policies and Economic Affairs on ‘Poverty Indicators’ is both questionable and outrageous.1This Ministry is under the responsibility of the Prime Minister, Ranil Wickremesinghe. Most of the sta


Teaching the younger generation to observe professional ethics is the need of the hour

Tuesday, 22 January 2019

When Sri Lanka got independence in 1948, it was one of the most promising nations both in Asia and in the Commonwealth countries. It had luckily emerged unscathed after the Second World War unlike our neighbours. Sri Lanka furthermore did not have to


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