Business

Mangala, Eran listen to Prof. Hausmann

Views - 30 Tuesday, 22 May 2018 00:00

Prof. Ricardo Hausmann, Director of the Centre for International Development and Professor of the Practice of Economic Development at Harvard University, met Finance Minister Mangala Samaraweera and State Minister Eran Wickramaratne last week and con


Commercial High Court issues interim orders against Global Grange Lanka and Directors

Views - 316 Monday, 21 May 2018 00:00

Following an application made by two directors of Global Grange Lanka Ltd, Raj Matharu and Harpal Matharu, the Commercial High Court of Colombo on 16 May granted interim orders restraining the company and its other directors from preventing the two m


Food Safety and Standard Authority India to recognise Sri Lankan Food Labs

Views - 62 Monday, 21 May 2018 00:00

Sri Lanka Export Development Board (EDB) is in the process of developing new export diversification strategies to increase the share of exports by effective utilisation of provisions under the Free Trade Agreement (FTA) signed between Sri Lanka and I


Lean Transformation Summit to focus on “Calibrating Mind to See Waste”

Views - 102 Monday, 21 May 2018 00:00

International Lean Transformation Summit, which will be inaugurated on 22 May at


Ogilvy PR Sri Lanka wins prestigious global Bulldog PR Award

Views - 17 Monday, 21 May 2018 00:00

Ogilvy Public Relations Sri Lanka won a coveted Bulldog Award at the Bulldog PR Awards 2018, which recognised outstanding PR and communications campaigns from 2017.


Rubber industry meets Chinese delegation

Views - 48 Monday, 21 May 2018 00:00

The Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) recently met with the China Rubber Industry Association at the Rubber Secretariat,


Carbon Consulting wins Green World Award for Eswaran Brothers

Views - 46 Monday, 21 May 2018 00:00

The Carbon Consulting Company (with MTI as a Strategic Equity Partner) and its long term client,


Korean Ambassador meets Malik

Views - 26 Monday, 21 May 2018 00:00

South KoreanAmbassador Heon Lee last week paid a courtesy call on Development Strategies and International Trade Minister Malik Samarawickrama and discussed ways to promote investment opportunities between Sri Lanka and South Korean.


Malik visits BOI Biyagama Export Processing Zone, meets investors and zone workers

Views - 28 Monday, 21 May 2018 00:00

The BOI organised an interactive meeting at the Biyagama Export Processing Zone (BEPZ) where the keynote speaker was Minister of Development Strategies and International Trade Malik Samarawickrama.


Lanka IOC prepared to set own fuel prices to minimise losses

Views - 37 Saturday, 19 May 2018 00:30

Colombo (Reuters): Sri Lankan fuel retailer Lanka IOC will be forced to implement its own pricing mechanism to minimise losses if the Government fails to implement its proposed fuel price formula, the company said yesterday.


National Electricity Grid Control Centre set up to control power generation

Views - 27 Saturday, 19 May 2018 00:00

President Maithripala Sirisena this week declared open the new National Electricity Grid Control Centre of Ceylon Electricity Board (CEB) in Sri Jayewardenepura, which is set to control all the data of the power generation and electricity sub station


Rhino undertakes strategic sponsorship of Build Sri Lanka 2018

Views - 23 Saturday, 19 May 2018 00:00

The handing-over ceremony of the sponsorship of one of Sri Lanka’s leading building material and construction industry exhibitions, Build Sri Lanka 2018 was held at BMICH with the participation of the directors and management of Ceylon Chamber of I


‘Speed City’ with novel facilities to mark Speed Lands anniversary

Views - 22 Saturday, 19 May 2018 00:00

Speed Lands Ltd. Managing Director Nishantha Delgoda said that the company has launched several new ‘Speed City’ property and housing development programs of a new dimension in main towns of Sri Lanka to mark its third anniversary. He


20th AmCham Ball tonight

Views - 25 Saturday, 19 May 2018 00:00

The American Chamber of Commerce in Sri Lanka (AmCham) will be hosting the AmCham Ball for the 20th consecutive year tonight at the Cinnamon Grand Oak Room, Colombo. The theme for this year’s Ball is ‘Greater Together,’


Panda Solar introduces latest pioneering solar power project

Views - 28 Saturday, 19 May 2018 00:00

Panda Solar Works International Ltd., among the nation’s leading solar power companies, recognised for providing high quality energy saving solutions to varied clientele including domestic and industrial, launched its latest pioneering solar power


Right of Reply HIPG denies Laugfs Terminal allegations

Views - 53 Friday, 18 May 2018 08:00

Hambantota International Port Group (HIPG) has sent the following clarification over the the Daily FT article titled ‘Laugfs unhappy over H’tota terminal delay’ published on 14 May. Hambantota International Port Group (HIPG) would like to categ


Future of business relies on agility to evolve faster: Dr. Weerawarna

Views - 119 Friday, 18 May 2018 00:00

As the world transforms and digitisation has become ubiquitous across all economies, a top entrepreneur yesterday


Baker Tilly International Asia Pacific Regional Conference in Sri Lanka

Views - 67 Friday, 18 May 2018 00:00

The Asia Pacific Regional Conference of Baker Tilly International will be held in Colombo from 18 to 22 May.


JLanka makes foray into international business

Views - 158 Friday, 18 May 2018 00:00

Sri Lanka’s foremost renewable energy and technology solutions provider, JLanka Technologies, has officially inaugurated


Dipped Products posts top-line of Rs. 28.5 b

Views - 55 Friday, 18 May 2018 00:00

Dipped Products Group posted a top-line growth of 17% recording a Rs. 28.5 billion turnover and Rs. 1.2 billion PBT for the year, ended 31 March.


LAUGFS Gas on recent price revision, way forward for sustainable LPG industry

Views - 52 Friday, 18 May 2018 00:00

In a media statement, LAUGFS Gas PLC stressed on the importance of the recent increase in the LPG retail price approved


Haycarb ends FY18 with Rs. 15.5 b turnover; Rs. 926 m pre-tax profit

Views - 35 Friday, 18 May 2018 00:00

The Sri Lankan multinational Haycarb PLC reported revenue of Rs. 15.5 billion, profit before tax of Rs. 926 million and profit after tax of Rs. 774 million


BT-powered pallet trucks from UTE to power John Keells Logistics warehouses

Views - 42 Friday, 18 May 2018 00:00

UTE, Sri Lanka’s leading material handling equipment and service provider, handed over a fleet of BT-powered pallet trucks


Roundtable business interactive session on expanding Indo-Lanka trade and investment links

Views - 13 Friday, 18 May 2018 00:00

The Delhi Chapter of the PHD Chamber of Commerce and Industry organised a roundtable business interactive session


COYLE meets Ex-President Rajapaksa

Views - 105 Thursday, 17 May 2018 00:19

The COYLE team met with former President Mahinda Rajapaksa to discuss improving the efficiency of the public sector for ease of doing business in Sri Lanka. Photographed from left: Senior Vice Chairman COYLE Aminda Rodrigo, Chairman COYLE Dinuk Hett


Manufacturing, services sectors contract in Avurudu month

Views - 32 Thursday, 17 May 2018 00:19

The country’s manufacturing and services sectors have contracted during April as per the Purchasing Managers Index (PMI) owing to holidays connected to the Sinhala-Tamil New Year. The Central Bank said the Manufacturing Sector PMI contracted record


Iran agrees to build new refinery

Views - 67 Thursday, 17 May 2018 00:19

Reuters: Iran has agreed to build a new oil refinery for Sri Lanka in addition to upgrading its ageing 50,000 barrel per day (bpd) state-owned refinery, Cabinet spokesman Rajitha Senaratne said, yesterday. Iranian officials pledged the new refinery w


President of Lahore Chamber of Commerce and Industry visits FCCISL

Views - 11 Thursday, 17 May 2018 00:18

The President of the Lahore Chamber of Commerce and Industry Malik Tahir Javaid paid a courtesy call on the President of FCCISL and SAARC Chamber of Commerce and Industry Ruwan Edirisinghe recently. He was seen here (second from left) together with E


‘Woman Entrepreneur of the Year’ to empower women in business

Views - 35 Thursday, 17 May 2018 00:16

By Divya Thotawatte ‘Woman Entrepreneur of the Year’, the Women’s Chamber of Industry and Commerce (WCIC) biennial flagship event recognising outstanding women entrepreneurs who change the world, was held at Galadari Hotel yesterday. Its object


Shermal new Chemanex CEO, Boyagoda joins Board

Views - 101 Thursday, 17 May 2018 00:16

Chemanex PLC has announced the appointment of Shermal Fernando as the new CEO whilst Senior Banker Mangala Boyagoda has joined the Board as a Non-Executive Independent Director. Shermal is the Group Finance Director/Company Secretary of CIC Holdings


Today's Columnists

Wonder Woman

Saturday, 26 May 2018

Tell me about yourself – what you do, your family, your career and so on


Separatist threat arising from indifference to environmental concerns

Saturday, 26 May 2018

The 100-day agitation against a major copper smelting plant at Thoothukudi in Tamil Nadu, which led to 13 deaths in police firing earlier this week, has brought into the open the many-faceted dangers of ignoring environmental issues.


A dilemma ?

Saturday, 26 May 2018

“Everything is abnormal in our society… nobody knows how to act-not only in the most difficult situations, but even in the simplest”


It is possible to amend Muslim Marriage Law: Ash Sheik Muneer Malaffer (Naleemi)

Friday, 25 May 2018

I have written two articles heavily criticising the parties supposedly spearheaded the attacks against Muslims


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