Dr. Amunugama at 70th UNESCAP meeting

Published : 12:16 am  August 12, 2014  |  Category: Business  |  Leave a Comment  |  147 views  |  

Dr. Sarath Amunugama represented the Government at the 70th Economic and Social Commission for Asia and the Pacific held in Bangkok, Thailand. Here, Dr. Amunugama participating in the conference. Prime Minister of Bangkok Tshering Tobgay is also present.  Read More →


Hashra introduces power and money saving MASDA extension leads

Published : 12:15 am  August 12, 2014  |  Category: Business  |  Leave a Comment  |  205 views  |  

For the first time in Sri Lanka Hashra Ltd has recently introduced a wide range of power and money saving electrical equipments to the local market, including extension leads and energy saving power meter, designed in UK under the brand name of ‘MASDA’. The company has introduced three extension leads and an energy saving power meter consisted with the latest technology to save power and money, built in surge protector up to 175 joules, overload protector up to 3000 Watts and several other advantageous functions. Hashra Ltd Director Damith Wicramaratne said up to 10-14 units could be saved per month using ‘MASDA’ electric leads in general. “Two extensions, specially customised for the... 


PRISL organises international seminar on trends and advancements in plastics and rubber

Published : 12:01 am  August 12, 2014  |  Category: Business  |  Leave a Comment  |  164 views  |  

The Plastics & Rubber Institute of Sri Lanka (PRISL) together with Enterprising Fairs Ltd. (EFIPL) organised an International Seminar on Trends and Advancements in the field of Plastics and Rubber to further gather in-depth knowledge on growing industry trends. Over 200 participants from the rubber and plastics industries were able to gather insights on industry best practices through practical case studies and knowledge sharing. The seminar was inaugurated by Chief Guest Dr. Mahesha Ranasoma, Managing Director, Dipped Products and Guest of Honour Aslam Omar, Managing Director, Phoenix Industries after Rangith Samarasinghe, President of PRISL, welcomed the gathering. PRISL Organising Committee... 


Mitsubishi Forklift Trucks free service campaign for select customers

Published : 12:01 am  August 12, 2014  |  Category: Business  |  Leave a Comment  |  188 views  |  

Service Engineers Mark Yeo and Avian Chia from MCFS (Mitsubishi principals) along with staff of New Ashford International at the free service campaign at Wijeya Newspapers Ltd., Hokandara Press – Pic by Upul Abayasekara New Ashford International Ltd., a member of Nawaloka Holdings, one of the leading supplier and service provider for forklifts in Sri Lanka, carried out a free service campaign from 5 to 7 August among the Mitsubishi forklift customers. For this campaign two Service Engineers Mark Yeo and Avian Chia from MCFS (Mitsubishi principals) participated with New Ashford staff for three days. The company has planned to continue free service campaign among other Mitsubishi Forklift customers... 


CEAT gives vehicle owners a chance to win free radials

Published : 12:01 am  August 12, 2014  |  Category: Business  |  Leave a Comment  |  127 views  |  

Top tyre brand CEAT is offering vehicle ownersa chance to win radial tyres to celebrate the recent launch ofits state-of-the-art production facility in Sri Lanka for the manufacture of tyres for high-end cars and Sports Utility Vehicles (SUVs). Listeners to the popular radio stations EFM and Lite FM can win 16 sets of CEAT radial tyres by simply texting in the size of the tyres on the cars they drive, during the drive-time shows supporting the promotion. On EFM, four listeners of the station’s ‘Morning Showgramme’ have already received their tyres, and another eight sets are up for grabs till end September, the company said. Meanwhile, the Lite FM evening drive time programme has given... 


World’s first official true cinnamon pass now live

Published : 12:00 am  August 11, 2014  |  Category: Business  |  Leave a Comment  |  306 views  |  

 EDB clears historic cinnamon upgrade effort ‘Pure Ceylon Cinnamon TM live in 4 markets: Rishad 13 Lankan firms pass first global certification In its efforts to expand the global reach of its historic spice, Sri Lanka has begun equipping its exporters with international licensing as insisted by global market hotspots. As a result, the historic assemblage of Lankan exporter firms officially sanctioned to use the internationally accredited ‘Pure Ceylon Cinnamon Global Certification’ was born in Colombo last week. “During the last five years, Pure Ceylon Cinnamon exports have shown an increasing trend due to surging demand for it in global markets. The other good news is that the... 


Sri Lanka-Vietnam trade centre opens in Colombo

Published : 12:00 am  August 11, 2014  |  Category: Business  |  Leave a Comment  |  216 views  |  

Sri Lanka and Vietnam officially opened a business centre last week near the capital Colombo to introduce Vietnam’s investment environment and cooperative prospects for trade to the Sri Lankan business community. The Sri Lanka-Vietnam Business Centre opened in Kelaniya is a venture promoted by the APL Group. The centre is expected to strengthen the relationship between the two countries, economically and technologically, by attracting more Foreign Direct Investment (FDI) and providing foreign employment opportunities. Speaking at the opening ceremony, Central Bank Governor Ajith Nivard Cabraal expressed hope that the centre will serve as a bridge to further promote trade, investment and tourism... 


Rishan counters claim of Beico under PCHH by Adam Investments

Published : 12:00 am  August 11, 2014  |  Category: Business  |  Leave a Comment  |  296 views  |  

PCH Holdings Plc Chairman S.H.M. Rishan has countered a claim by Adam Investments Ltd., in the latter’s mandatory offer document. The PCHH Chairman said that 100% shareholding of the company in Bieco Link Carbons Ltd., consisting of 5.65 million shares, has been sold to MMD Venture Lanka Ltd. on 2 July 2014 and accordingly Bieco Link has ceased to be a company of PCH Holdings Group. In a filing to the Colombo Stock Exchange, Rishan has also said that Adam Investments’ claim that PCH Holdings is the sole shareholder of Bieco Link Carbons Ltd. in the offer document was incorrect as PCHH have divested itself of the said 100% shareholding in Bieco to MMD Venture Lanka Ltd. Furthermore, Rishan... 


Basil opens global seminar on sustainable tourism

Published : 12:00 am  August 9, 2014  |  Category: Business  |  Leave a Comment  |  348 views  |  

Economic Development Minister Bail Rajapaksa yesterday opened a three-day international tourism seminar, which focuses on a new approach on tourism industry in the tropical regions. Over 100 participants representing nearly 20 countries attended the seminar organised by the Sabaragamuwa University’s Tourism faculty. It is the first time such a seminar is being held in Sri Lanka.  Its theme is promoting nature conservation and cultural values through a tourism network. Higher Education Minister S.B. Dissanayake participated as a special guest on the first day of the seminar which will continue till Sunday. In addition to the Sabaragamuwa University’s Tourism Management Studies faculty, the... 


NAITA together with Holcim launch ‘Nipunatha Abhisheka’

Published : 12:00 am  August 9, 2014  |  Category: Business  |  Leave a Comment  |  313 views  |  

   To produce certified construction professionals The National Apprentice and Industrial Training Authority (NAITA) has partnered with Holcim Lanka for the launch of ‘Nipunatha Abisheka’, a special social welfare program to produce 500 certified construction professionals through the granting of a National Vocational Qualification (NVQ). The program which is being held for the very first time would provide 500 selected construction professionals the opportunity to sharpen their skills through the Nipunatha Abhisheka program. Construction professionals would assess in areas such as brick work, plastering, plaster decoration, floor tiling, floor cementing, stone laying and safety policies... 


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