Business

Sri Lanka Pavilion at Expo 2020 Dubai in UAE

Views - 94 Friday, 2 August 2019 00:00

Expo 2020 Dubai is a global trade exposition showcasing strengths, capabilities and innovation of over 190 countries and is set to host over 25 million visitors from across the globe. This Expo is one of the longest standing and largest international


Trade and Investment Promotion Mission to Maldives

Views - 53 Friday, 2 August 2019 00:00

The Sri Lanka-Maldives Business Council (SLMLBC) of the Ceylon Chamber of Commerce organised a Trade and Investment Promotion Mission to Maldives from 15-17 July. The Council also took part at FHAM, the premier international hospitality trade fair in


Panel discussion today on implications of autonomous weapons systems: Killer robots

Views - 88 Friday, 2 August 2019 00:00

The Sri Lanka Campaign to Stop Killer Robots; a member of the Campaign to Stop Killer Robots, has announced a panel discussion on the implications of autonomous weapons systems. The discussion will explore the necessity and potential for the comprehe


Tata Housing completes first phase of One Colombo Redevelopment Project

Views - 546 Friday, 2 August 2019 00:00

The first phase of the Slave Island Redevelopment Project, Metro Homes, was inaugurated yesterday, and handed over to the beneficiaries by Prime Minister of Sri Lanka Ranil Wickremesinghe. Minister of Megapolis and Western Development Patali Champika


Arinma Holdings wins Diversity Impact Award at Employer Brand Awards

Views - 49 Friday, 2 August 2019 00:00

Arinma Holdings has won the Diversity impact Award for its exceptional prowess in employ-ment diversity throughout the group of companies. The 14th Employer Brand Awards was held at the Taj Samudra Colombo on 17 July. The Sri Lanka Employer Brand Awa


HIP: Sri Lanka’s first port to be certified for health and safety

Views - 97 Thursday, 1 August 2019 06:02

Hambantota International Port (HIP) was recently certified ISO 45001: 2018 compliant for their Occupational Health and Safety Management System (OH&SMS), by the International Organisation for Standardisation headquartered in Geneva, Switzerland. The


Talks for a confederation of MSMEs

Views - 67 Thursday, 1 August 2019 06:01

Asia Pacific Exchange and Cooperation Foundation Executive Vice Chairman Xiao Wunan from Beijing met with WUSME Ambassador and FCCISL Past President Nawaz Rajabdeen and SAARC Past President Macky Hassim to discuss the formation of the confederation o


Business mission from Ceylon Chamber of Commerce visits New Delhi to forge new links

Views - 48 Thursday, 1 August 2019 05:59

With the initiative of the Sri Lanka High Commission, Ceylon Chamber of Commerce led a two-day business promotion mission to New Delhi on 16 July, to continue establishing business and trade links with industry leaders in the Northern States of India


COYLE with JETRO brings Sri Lanka Corporate Health and Productivity Awards for 2nd consecutive year

Views - 36 Thursday, 1 August 2019 05:24

The Chamber of Young Lankan Entrepreneurs (COYLE) in collaboration with Japan External Trade cooperation (JETRO) organised ‘Sri Lanka Corporate Health and Productivity Awards’ for the second consecutive year which is expected to attract a great d


Teejay makes strong start to 2019-20 with Q1 net profit growth of 62%

Views - 539 Thursday, 1 August 2019 05:22

Teejay Lanka PLC has made a strong start to 2019-20, reporting excellent top and bottom line growth at Group and Company level through efficient capacity utilisation, an improved product mix and effective curbing of non-strategic costs. Sri Lanka’s


Expats in Los Angeles campaigning against controversial US contracts

Views - 661 Thursday, 1 August 2019 00:10

Sri Lankan-American activists opposing the controversial US contracts say they are encouraged by the Sri Lanka Supreme Court decision on the State Lands (Special Provisions) Bill, referring the Act to the Provincial Councils, which, in turn, impacts


Eran raises concerns over Ministers’ business interests causing conflicts of interest

Views - 208 Thursday, 1 August 2019 00:08

Parliamentarians who accept Cabinet portfolios must give up their business interests to avoid conflicts of interest, State Finance Minister Eran Wickramaratne said on Tuesday. The State Minister of Finance noted that the practice, which is “being t


PickMe acquires YAMU

Views - 4142 Thursday, 1 August 2019 00:00

PickMe, Sri Lanka’s homegrown technology driven mobility solutions network, has recently acquired Yamu, the ‘go to’ website/app for informative details on wining and dining among other things across Sri Lanka. The acquisition marks a new chapt


TEA expresses concerns over proposed amendment to Tea Promotion Gazette

Views - 91 Wednesday, 31 July 2019 00:00

The Tea Exporters Association (TEA) yesterday expressed concerns over the news item ‘Tea Promotion Levy to be split equally between promotion and replanting’ by MP Navin Dissanayake that appeared in Daily FT on 26 July. The TEA was rather surpri


Navy arrest six Indian fishermen with 2,379 kg of beedi leaves

Views - 22 Wednesday, 31 July 2019 00:00

Sri Lanka’s Navy on Monday has intercepted a fishing dhow carrying six Indian nationals with 2,379 kg of beedi leaves, in north-western seas of Sri Lanka. Sri Lanka Navy Ship ‘Sagara’ had spotted a suspicious dhow entering Sri Lankan territoria


Deputy Minister of Ports and Shipping re-assumes duties

Views - 37 Wednesday, 31 July 2019 00:00

Mohamed Abdullah Mohamed Maharoof re-assumed duties yesterday as the Deputy Minister of Ports and Shipping. The function took place at the Office of the Deputy Minister of Ports and Shipping. Expressing his views after re-assuming duties, Deputy Mi


Japan’s SBI Group invests $ 2 m Sunshine Energy to further expand on renewable energy production

Views - 89 Tuesday, 30 July 2019 00:54

Diversified conglomerate Sunshine Holdings PLC yesterday announced that SBI Ven Holdings Ltd., the overseas private equity firm of SBI Holdings Inc., has invested $ 2 million in Sunshine Energy Ltd. (SEL) to propel the Group’s renewable energy prod


Technology upgradation for the tyre industry

Views - 148 Tuesday, 30 July 2019 00:54

The EDB in collaboration with the Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) and Plastic and Rubber Institute of Sri Lanka (PRISL) organised a two-day workshop in July on product innovation, technology and R&D t


Australian High Commissioner pays courtesy call on Malik

Views - 30 Tuesday, 30 July 2019 00:53

The Australian High Commissioner to Sri Lanka David Holly paid a courtesy call on Minister of Development Strategies and International Trade Malik Samarawickrama at the ministry. The discussions were held towards further strengthening the bilateral r


Sri Lanka Telecom wins International Award – Quality Choice Prize 2019 in Gold category

Views - 34 Tuesday, 30 July 2019 00:51

The national ICT solutions provider Sri Lanka Telecom PLC was awarded the Quality Choice Prize 2019 under the Gold category by the European Society for Quality Research (ESQR), recognising the highest quality standards to which the company adheres in


Exporters want Govt. ear

Views - 149 Tuesday, 30 July 2019 00:35

Exporters are still struggling with a range of issues including inconsistent policymaking, high power prices, political instability and skilled labour shortages, top industry representatives said yesterday. Exporters Association of Sri Lanka (EASL)


Sampath Bank to host youth entrepreneurship forum in partnership with NCC and YouLead

Views - 46 Tuesday, 30 July 2019 00:00

Sampath Bank recently announced that it will be hosting a workshop which aims to familiarise the youth of the nation on the topic of business entrepreneurship. This forum will be held at Hotel Blue Sky, Kurunegala on Wednesday, 31 July, from 8:30 a.


Colombo Stock Exchange supports CMA Excellence in Integrated Reporting Awards 2019

Views - 59 Tuesday, 30 July 2019 00:00

CMA Sri Lanka has announced that the Colombo Stock Exchange (CSE) has tied up with the CMA Excellence in Integrated Reporting Awards 2019 competition as the Supporting Partner. CMA is organising the CMA Excellence in Integrated Reporting Awards 2019


22nd AGM of Sri Lanka-Singapore Business Council

Views - 230 Tuesday, 30 July 2019 00:00

The 22nd Annual General Meeting of the Sri Lanka-Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce was held recently at the Ceylon Chamber of Commerce premises. The SLSBC was inaugurated in 1997 under the aegis of the Ceylon Chambe


India-SL apparel sector urged to seize export opportunities in EU via joint ventures

Views - 49 Tuesday, 30 July 2019 00:00

Petroleum Resource Development Deputy Minister Dr. Anoma Gamage yesterday called on apparel manufacturers and traders of India and Sri Lanka to further strengthen their business partnerships to seize the export opportunities in the European Union mar


Singapore’s COMCRAFT acquires majority stake in Merbok MDF Lanka

Views - 644 Monday, 29 July 2019 01:10

COMCRAFT – a leading international investment house based in Singapore– acquired the majority stake in Merbok MDF Lanka Ltd., which is Sri Lanka’s only high quality MDF board manufacturing plant. Considered as one of Sri Lanka’s largest facto


India International Textiles Expo 2019 opens today  

Views - 61 Monday, 29 July 2019 01:09

Exhibition cum Buyer Seller Meet ‘India International Textiles Expo’ (IITExpo) Colombo 2019, opens today at the Hotel Galadari, Colombo. IITExpo organised by the Powerloom Development and Export Promotion Council (PDEXCIL), set up by Ministry of


CA Sri Lanka to host forum on role of finance professionals in combating bribery and corruption

Views - 47 Monday, 29 July 2019 01:09

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will host a regional forum in Colombo tomorrow on the role of finance professionals in combating bribery and corruption. The forum which will be held tomorrow at the Kingsbury Hotel


Nigeria’s Bellmari Group visits Idea Group for business talks

Views - 59 Saturday, 27 July 2019 06:07

Wafailu Bello, a Nigerian national who is the President/CEO of Bellmari Group and former Group General Manager of Dangote Industries Ltd.was in Sri Lanka to have B2B meetings with Idea Group Ltd.


Sha Web Design celebrates 8th anniversary

Views - 27 Saturday, 27 July 2019 06:05

Sha Web Design, a pioneering trendsetter in the web design market with more than 150 corporates in its clientele, recently celebrated its eighth anniversary on a grand scale. It is a remarkable achievement, in just eight years, to have developed such


Today's Columnists

We need to challenge climate change doubters before it is too late

Friday, 23 August 2019

Imagine a London where the entire subterranean region is engulfed with dirty water. Crammed train carriages that once barrelled along 249 miles of track transporting busy office workers, builders, teachers, civil servants, cleaners and students now r


The Provincial Council Elections – The charade goes on

Friday, 23 August 2019

Originally the SLPP was keen to hold the Provincial Council Elections (PCE) immediately after the Local Government Election results as they felt the PCE would go in their favour. PCE were held under the Proportional Representation system. The relevan


The presidency and the dilemma of the Presidential Election

Friday, 23 August 2019

J.R. Jayewardene created a presidential system not because the parliamentary system of governance that preceded it had failed. He wanted to take over all the powers of the State and assume the status of ancient kings who ruled the country in the past


Enough power in the presidency for the right person

Friday, 23 August 2019

The presidency has not much power some say, but I would say there is plenty for the right person. By intention or otherwise, our Constitution leaves the presidency to be defined by the person occupying the chair. Maithripala Sirisena (MS) showed us t


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