Top global fishery leaders in town for first int’l confab

Published : 12:00 am  November 10, 2014  |  Category: Business  |  Leave a Comment  |  1 views  |  

EDB pioneers first Ornamental Fish Confab in Sri Lanka ‘Welcome to our first global event’- Rishad Bassleer, Dr Abdul, chairing two-day session Lankan O-Fish exports up by 41% From left: Industry and Commerce Minister Rishad Bathiudeen, Dr Abdul Basir Kunhimohammed (Director – INFOFISH) and Gerald Bassleer President of Ornamental Fish International.      As Sri Lanka’s ornamental fish (O-fish) exports surged by 41%, the country’s first ever Global O-Fish Confab will go live on 10 November, with globally-renowned industry leaders heading the two-day sessions in Colombo. “We extend a warm welcome to Mr. Bassleer, President of Ornamental Fish International. It is also an... 


Battlefields become paddy fields: Lalith Weeratunga

Published : 12:00 am  November 10, 2014  |  Category: Business  |  Leave a Comment  |  252 views  |  

Instant ETF balance and claim request status information   “Today some people have forgotten the difficult conditions that prevailed during wartime. Things have changed now. What were battlefields then have now become paddy fields.   Instead of cumbersome travelling today people move about freely anywhere wielding communication tools such as phones, iPhones and i-Pads.” Presidential Secretary Lalith Weeratunga expressed these views at the launch of an online/SMS facility enabling ETF members to know their ETF balance and claim application status in Colombo recently. Launch with a click (from left): Presidential Secretary Lalith Weeratunga, ICTA e-Services Project Manager Kamal Liyanage,... 


Sri Lanka recognised as major industry player at Global Rubber Conference 2014

Published : 12:11 am  November 8, 2014  |  Category: Business  |  Leave a Comment  |  381 views  |  

The Global Rubber Conference (GRC), hosted by Sri Lanka for the first time from 27–29 October this year, saw the coming together of delegates from 25 countries representing the United States, Europe, East Asia, North Asia and ASEAN. An international platform that brings together stakeholders of the global rubber industry, the GRC is considered to be at the helm of all conferences on natural rubber production. This year’s conference was concluded at a successful note where Lalan Rubbers Ltd Chairman Lalith Hapangama was awarded the GRC Wickham Award – named after Wickham who was instrumental in creating the rubber industry – for his outstanding contribution to the rubber sector. This coveted... 


Basil Rajapaksa declares open Mahima Anthurium branch

Published : 12:07 am  November 8, 2014  |  Category: Business  |  Leave a Comment  |  354 views  |  

Mahima Anthurium Plants, which has been in the business for over 20 years, recently opened its newest complex in Pasyala along Kandy Road. Minister of Economic Development Basil Rajapaksa declared open the Mahima Anthurium Center. Others who graced the occasion were Deputy Minister Sarana Gunawardena, Divi Neguma Director-General Jayatilake Herath, President of Liya Abiman Pushpa Rajapaksa and Attanagalla Provincial Council member Minister Aruna Varusapperuma. Here Minister Rajapaksa opening the new centre in Pasyala.  Read More →


Amana Bank ties up with Singer to offer easy payment plan

Published : 12:06 am  November 8, 2014  |  Category: Business  |  Leave a Comment  |  334 views  |  

Sri Lanka’s non-interest based banking pioneer Amana Bank has tied up with consumer electronics giant Singer to facilitate convenient purchasing through its Easy Payment Plan. Through this financing scheme customers can purchases electronics, personal appliances, household appliances, furniture and many more from any Singer, Singer Mega, Singer Plus, Singer Home and Sisil World showrooms and dealers islandwide. The bank will provide competitive financing for the products in the range from Rs. 25,000 to Rs. 300,000 including the financing of bundled products, up to three years payment period and requires no guarantors. This facility is available for employees of government institutes, public... 


Oman Air’s refurbished Bangkok Airport Lounge opens

Published : 12:04 am  November 8, 2014  |  Category: Business  |  Leave a Comment  |  300 views  |  

Oman Air has unveiled its refurbished lounge at Suvarnabhumi Airport in Bangkok. The expanded Oman Air Lounge offers even more facilities than its predecessor, within a significantly larger space. The interior design features a natural colour scheme, enhanced by soft lighting which also reflects the Oman Air corporate colours. Traditional Omani artefacts are showcased in bespoke cabinets hung from the walls, and contemporary sculptures provide an additional focus for the eye. With nearly 100 square metres of additional floor space, customers are now able to relax before their flights on one of the new day beds within the new rest area. In addition, seating has been redesigned to be even more... 


Minister Sirisena chief guest of Ceylon Chamber BCCS awards night

Published : 12:02 am  November 8, 2014  |  Category: Business  |  Leave a Comment  |  202 views  |  

Health Minister Maithripala Sirisena will take part as the chief guest of the Best Corporate Citizens Sustainability Awards ceremony, which will take place on 25 November in Colombo. Reserve Bank of India Former Deputy Governor Dr. Subir Gokarn will be the keynote speaker at the annual event, which is organised by the Ceylon Chamber of Commerce. The Ceylon Chamber of Commerce is holding the Best Corporate Citizen Sustainability Awards for the 11th consecutive year, with the objective of promoting and recognising corporate sustainability in Sri Lanka and encouraging businesses to adopt best practices to create goods and services. Currently, the judging and evaluation process of over 70 applicants... 


Viva promotes bigger value experience for loyal consumers

Published : 12:02 am  November 8, 2014  |  Category: Business  |  Leave a Comment  |  304 views  |  

Viva and Kottu Mee, two brands that engage Sri Lankans to embrace energetic and active lifestyles, have launched a promotion during the months of September and October 2014. 400 g packs of Viva purchased (pouch or bag in a box) during this period will receive an 80 g pack of Kottu Mee ‘Hot ‘N’ Spicy’ Noodles absolutely free. This amounts to a saving of Rs. 48. This partnership is helping families experience more flavour while saving them money. “Viva is a brand for youthful energetic adults enabling them to be active in everyday life. This tie up allows our valued consumers to try more of Viva and Viva is proud to partner with the number one instant noodles brand,” said Viva Brand... 


Nepal, Sri Lanka set to revive direct air link

Published : 12:01 am  November 8, 2014  |  Category: Business  |  Leave a Comment  |  126 views  |  

KSA: The relationship between Sri Lanka and Nepal may strengthen once the two nations resume direct air travel between Colombo and Kathmandu early next year. The two countries signed an Air Service Agreement (ASA) to establish direct service between their two capital cities in 2009, and it is projected to become a reality in March 2015. “Mihin Lanka airline is set to start direct flights from Colombo to Kathmandu in March. All necessary preparations have already been made to this effect,” Sri Lankan Ambassador W. M. Senevirathna told Khabar South Asia. Sri Lanka’s other state-owned airline, Sri Lankan Airlines, will likely begin its own direct service to Kathmandu once it completes renewal... 


IRCON rejects criticism that it inflated cost of Sri Lanka railway projects

Published : 12:00 am  November 8, 2014  |  Category: Business  |  Leave a Comment  |  153 views  |  

IRCON International Ltd, a public sector enterprise under the Government of India, has rejected criticism that it has inflated the costs of the railway reconstruction projects in Sri Lanka. The company, a public sector undertaking under the Ministry of Railways of the Indian Government, has completed the rehabilitation of nearly 200 km of railway tracks in the North, along with the installation of a signalling system at a cost of nearly a billion US dollars. However, All Ceylon Railway Employees General Union Secretary S.P. Vithanage and economist and former Secretary, Transport Ministry, Dr. T. Lalithasiri Gunaruwan, had said that the Sri Lanka Railways would have done the work at one fourth... 


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