Business

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

Views - 48 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 - 63 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 - 30 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 - 59 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 - 25 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 - 34 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 - 181 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 - 291 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 Amazon.com’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 - 31 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


Sri Lanka-Italy Business Council elects Sonali Liyanamana as President at 19th AGM

Views - 56 Saturday, 15 September 2018 00:00

The 19th Annual General Meeting (AGM) of the Sri Lanka-Italy Business Council of the Ceylon Chamber of Commerce (CCC) was held on 6 September at Hilton Colombo Residences electing Sonali Liyanamana a


Mulatiyana Tea Factory establishes all-time record price

Views - 73 Saturday, 15 September 2018 00:00

Mulatiyana Tea Factory situated in Mulatiyana, managed by K.H.G Mahinda Padmasiri and Malinda Padmasiri realised an all-time record price at the weekly tea auction of 11 September, by achieving Rs. 1,000 per kg for OPA in the Low Grown category. The


Dr. Lalanath De Silva to speak on climate justice implications for business

Views - 104 Friday, 14 September 2018 00:00

Dr. Lalanath De Silva will speak to members of the Global Compact Network Sri Lanka on the environmental justice implications of climate change and adaptation. He will share emerging challenges for the private sector based on his 35 years of interna


Sujith Auto Electricals wins CNCI Silver and Bronze Awards

Views - 13 Friday, 14 September 2018 00:00

Matara Sujith Auto Electricals operating for nearly two decades has been able to secure the Silver Award in the Service Sector (Southern Province) and the Bronze Award in the Service Sector (National Level) at the CNCI Awards Ceremony organised by th


LAUGFS International receives appreciation award at Airman’s 80th anniversary

Views - 133 Thursday, 13 September 2018 12:00

In commemoration of Airman’s 80th anniversary held recently, LAUGFS International was recognised with an appreciation award for the exceptional performance showcased as a high performing distributor. The anniversary celebrations took place followi


Awareness on ‘Implementation of Paperless Transactions & Digital Signature’

Views - 56 Thursday, 13 September 2018 00:10

As part of the efforts towards a paperless environment in Sri Lanka Customs, UNCTAD (United Nations Conference on Trade and Development) has developed a new functionality in ASYCUDA (Automated System for Customs Data) World system to digitally sign t


Hayleys among LMD’s Top 3 Most Respected corporates

Views - 108 Thursday, 13 September 2018 00:10

Iconic diversified business conglomerate, Hayleys PLC, continued to set new benchmarks, standing amongst LMD’s Top 3 Most Respected corporates in Sri Lanka for 2018. “Having entered its 140th year of business, Hayleys continues to serve a vital


CCC interactive evening with diplomats of Europe and UK

Views - 126 Thursday, 13 September 2018 00:00

The Ceylon Chamber of Commerce (CCC) is to hold the second interactive session of its initiative titled ‘Power of Interaction’ with the aim of bringing together various groupings of high powered officials, in order to provide the private sector a


Pre-Budget Forum 2019 organised by Sri Jayewardenepura Uni on Monday

Views - 123 Thursday, 13 September 2018 00:00

The third-year undergraduates of the Department of Business Economics have organised a Pre-Budget forum focusing on export competitiveness on 17 September at 3 p.m. at the Lighthouse Auditorium of the Lakshman Kadirgamar Institute of International Re


Coffee with CEO kicks off with Peter D’Almeida

Views - 485 Thursday, 13 September 2018 00:00

Coffee with CEO is a new talk series hosted by young leaders – a steering committee of the Ceylon Chamber of Commerce, with Frimi on board as the strategic sponsor. Coffee with CEO will be interactive sessions that facilitate a two-way dialogue bet


SLES 2018 registrations closed; Economy.lk competition winners announced

Views - 68 Wednesday, 12 September 2018 00:00

The country’s foremost economic event – Sri Lanka Economic Summit (SLES) 2018 will be held for the 18th time on the theme ‘On the Fast Track to a Turnaround’. This event organised by the Ceylon Chamber of Commerce (CCC), is taking place from


Sunshine Holdings to support CCC’s efforts in shaping turnaround for Lankan economy

Views - 59 Wednesday, 12 September 2018 00:00

For the fourth consecutive year, Sri Lanka’s diversified conglomerate Sunshine Holdings will support the country’s premier economic summit, the Economic Summit 2018. Hosted annually by Ceylon Chamber of Commerce (CCC), the foremost economic event


Amunugama appoints working groups of scientists to recommend on 4 areas of developmental activity

Views - 628 Wednesday, 12 September 2018 00:00

Minister of Science, Technology, Research, Skills Development, and Vocational Training and Kandyan Heritage Dr. Sarath Amunugama has appointed four working groups of scientists to submit implementable recommendations on four identified thematic areas


Ambeon selects MTI to strategise financial services

Views - 250 Wednesday, 12 September 2018 00:00

Taprobane Capital Plus Ltd., a wholly owned subsidiary of Ambeon Holdings PLC has selected MTI Consulting to conduct a strategising exercise to explore and identify opportunities for Taprobane Capital Plus within the Financial Services domain. Tapro


CTC recognises distributor sales staff at annual awards ceremony

Views - 14 Wednesday, 12 September 2018 00:00

The Distributor Representative Awards 2018, an annual event organised by Ceylon Tobacco Company PLC (CTC) to celebrate the best distributor supervisors and merchandisers was held recently. The ceremony recognised and honoured the efforts of outstandi


COYLE Sampath Bank Leadership Forum to feature entrepreneurial excellence

Views - 274 Wednesday, 12 September 2018 00:00

At a time when startups are burgeoning and the nation’s economy depends on the actions of the private sector, the Chamber of Young Lankan Entrepreneurs (COYLE) has been able to break from tradition and through new and improved products and services


Today's Columnists

In the desert of Tamil films, actor Sivaji Ganesan was an oasis

Saturday, 22 September 2018

‘Indian Film,’ first published in 1963 and co-authored by former Columbia University Professor Erik Barnouw and his student Dr. Subrahmanyam Krishnaswamy, is considered a seminal study of the evolution and growth of Indian cinema. The book is cit


Imran may turn blind eye to blasphemy law and persecution of Ahmadiyyas

Saturday, 22 September 2018

There are clear signs that Pakistan’s freshly minted Prime Minister, Imran Khan, will make a sincere effort to reduce corruption and maladministration in the domestic sphere. In foreign affairs he is likely to make a brave attempt to mend fences wi


The rate of exchange, capital flight and the Central Bank

Friday, 21 September 2018

The Central Bank (CBSL) exists for the sole purpose of price stability. Its controls on the financial system and monetary policy exist to maintain price stability. As put forth many times by the Governor, the failing of the CBSL to control inflation


Red flag over the Sri Lankan Navy

Friday, 21 September 2018

Shocking story Rusiripala, a former banker in Sri Lanka, who has taken to writing in Daily FT, is perturbed by the red flag I have raised (Daily FT article 18 September) over the shocking charge that our Navy had operated a ransom gang that had abduc


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