CA Sri Lanka brings down Wall Street Mastermind for M&A Workshop of the Year

Published : 12:00 am  November 13, 2014  |  Category: Business  |  Leave a Comment  |  75 views  |  

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), which has built up a reputation for offering cutting-edge professional advancement programs for the benefit of the country’s high-end professionals, will bring down a Wall Street Mastermind to conduct a Mergers & Acquisitions workshop on 15 November. The Mergers & Acquisitions workshop, which is conducted jointly with Euromoney Training LLC, will feature Andrew Regan, who has been a consultant to some of America’s top business tycoons such as Warren Buffet, John Welch and Daniel Tully. The comprehensive three-day workshop will cover the most critical aspects of mergers and acquisitions in today’s business context.... 


Bangladesh announces speedier trade pact in the offing

Published : 12:00 am  November 13, 2014  |  Category: Business  |  Leave a Comment  |  68 views  |  

Good news, prefer an FTA: Rishad Talks will conclude successfully: Ashan YoY bilateral trade jumps by 67% Minister of Industry and Commerce Tarik Ashan (third from left) greets Bangladeshi High Commissioner to Sri Lanka Tarik Ashan (second from left) yesterday in Colombo as Bangladeshi High Commission Colombo Counsellor and HOC F.M. Borhan Uddin (far left), Ministry of Industry and Commerce Secretary Anura Siriwardene(third from right), DoC DG R.D.S. Kumararatne (second from right) and EDB Chairman/CEO Bandula Egodage (far right) look on As bilateral trade with Bangladesh showed a strong rise, the country has signalled that it has now started moving towards the historic trade pact with... 


Renuka Holdings embarks on iconic real estate development

Published : 12:47 am  November 12, 2014  |  Category: Business  |  Leave a Comment  |  463 views  |  

Renuka Holdings PLC has received shareholder approval at the EGM held on 11 November to proceed with the group’s ambitious project to date – The Renuka Tower – at Galle Face Terrace.   The Renuka Tower will be a modern 28-storey tower providing ‘A’ grade office facilities built on company owned land at Galle Face Terrace and Uttrananda Mawatha, Colombo 03. Once completed, the tower will have 200,000 sq. ft. of rentable office space and parking for more than 200 cars. The tower will also have corporate entertainment areas, conference facilities, dining, recreation and all the modern necessities required to create a pleasant and safe working environment. Renuka Holdings PLC is a diversified... 


Taiwan Textile Fairs in South Asia 2014 begins 24 Nov.

Published : 12:46 am  November 12, 2014  |  Category: Business  |  Leave a Comment  |  233 views  |  

The Taiwan Textiles Fairs in South Asia 2014 will bring together leading suppliers of textiles and related products from Taiwan, in order to showcase innovative and high performance functional textiles to Sri Lankan apparel manufacturers, on 24 and 25 November at the Grand Crystal Ballroom of the Taj Samudra Hotel. The Sri Lanka apparel industry is set for strong growth on the back of continual positive growth in the economy, with 7.8% growth year-on-year in the second quarter. The apparel industry, which contributes 15.9% to the economy, is on track to achieve the export target of US $ 5 billion by 2016, buoyed by rising export demand. The Taiwan Textile Fairs in South Asia 2014 is an excellent... 


Swarna Solutions awarded ISO 9001:2008 Quality Management System Certification

Published : 12:45 am  November 12, 2014  |  Category: Business  |  Leave a Comment  |  269 views  |  

Swarna Solutions Ltd., a member of EAP Holdings Ltd., was recently awarded ISO 9001:2008 Quality Management System Certification by SGS Lanka Ltd. This certification was awarded in recognition of its total compliance with the required international norms and practices. The ISO 9001:2008 Quality Management System Certification is the highest and the most recognised quality related certification in the world that confers Swarna Solutions with the stamp of international recognition, within one year of its operation. EAP Holdings ltd Group CEO/Director Sumathipala Kariyawasam reciving the award presented by SGS Lanka Pvt Ltd Business Manager B. Sumanasiri at the ceremony held at hotel Sapphire –... 


World Packaging Congress to emphasise on packaging for global economical resurgence

Published : 12:36 am  November 12, 2014  |  Category: Business  |  1 Comment  |  360 views  |  

By Waruni Paranagamage The national body of packaging, the Sri Lanka Institute of Packaging (SLIP) and its subsidiary unit, the Packaging Development Centre, are making arrangements to host this year’s World Packaging Organization (WPO) annual events in Colombo. The board meeting, committee meetings, judging of World Star Competition for Excellence in Packaging, the International Packaging Congress and post congress tours will be held in Colombo from 17 to 23 November. From left: Treasurer – SLIP Sunil Costa , Vice President Nishan Perera,  Vice President Anuradha Jayasinghe, Chairman – Packaging Development Centre Dharmatilake Ratnayake, President – SLIP J. D. C. Perera, Deputy... 


Brandix leads apparel industry in tribute to Martin Trust

Published : 1:40 am  November 11, 2014  |  Category: Business  |  Leave a Comment  |  655 views  |  

If any individual can be considered the father of Sri Lanka’s emergence as an apparel manufacturer of global significance it would be Martin Trust, as a tribute to whom a coffee table book has been published by the Brandix Group on behalf of the industry and Trust’s Sri Lankan business partners. ‘Built on Trust’ is a 238-page treasury of images and exceptional insight into the founding in 1970 of MAST Industries in the Canton, Massachusetts home of Martin and Dena Trust and what ensued in the four decades that followed, with an emphasis on the role played by Trust in placing Sri Lanka firmly on the world’s apparel sourcing map. Described as ‘the story of an industry and a man who... 


A star-studded ascent: Prime Homes achieves international acclaim

Published : 1:36 am  November 11, 2014  |  Category: Business  |  Leave a Comment  |  265 views  |  

Prime Homes is a leader in luxury and semi luxury home construction, a burgeoning industry in Sri Lanka. It has distinguished itself from its peers with its strict focus on quality, as part of its goal of customer satisfaction. Prime Homes recently attended an award ceremony in Geneva, where it brought home a special award. Following are excerpts of an interview with Prime Lands Group Chairman B. Premalal: Q: Recently Prime Homes received the International Gold Star for Quality. Can you explain more? A: We were recently awarded the ‘International Gold Star for Quality’, by the foremost private quality standards organisation BID at the 15th International Star Quality Convention held in Geneva.... 


South Korean construction companies keen to invest in SL: Wimal

Published : 1:32 am  November 11, 2014  |  Category: Business  |  Leave a Comment  |  208 views  |  

A number of leading construction institutions from South Korea have expressed a willingness to invest in Sri Lanka, while attending a business forum held at the Korea International Trade Association (KITA) which was chaired by Construction, Engineering Services, Housing and Common Amenities Minister Wimal Weerawansa. A statement from the ministry said that over 30 South Korean construction and institutional agencies have shown an interest in investing in the Sri Lankan construction industry. Addressing the forum, Minister Wimal Weerawansa told ministers and officials present that peace has returned to Sri Lanka after 30 years of internal strife. He pointed out that there was tremendous progress... 


Better Air Quality 2014 conference from 19 Nov.

Published : 1:02 am  November 11, 2014  |  Category: Business  |  Leave a Comment  |  170 views  |  

Better Air Quality (BAQ) 2014 conference will be held at the BMICH in Colombo from November 19-21. The Atmosphere Initiative of the International Centre for Integrated Mountain Development (ICIMOD), realizing the increasing effects of atmospheric changes on the fragile ecosystems and well being of people in the Hindu Kush Himalayan (HKH) region was established in the year 2013. Driven by a motive to upgrade the understanding of atmospheric issues by promoting regional cooperation for addressing such issues, the Initiative’s participation in the Better Air Quality (BAQ) Conference 2014 being held in Colombo, Sri Lanka is an important activity. BAQ is a leading event of Clean Air Asia that has... 


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