CFW Fashion Design Fund to support most impressive ‘BrightSpark’ designer

Published : 12:01 am  March 10, 2015  |  Category: Business  |  Leave a Comment  |  268 views  |  

HSBC Colombo Fashion Week (CFW) established the CFW Fashion Design Fund in 2014 to financially support the most impressive young designer who is a participant of the ‘BrightSpark’ Shows. Each year one up-and-coming designer with high potential is selected and given funding to kick-start his/her fashion career. CFW, hosted at the Hilton Colombo, provides a rare opportunity for aspiring designers to showcase their creative talent at the ‘BrightSpark’ Shows, which will take place on 11 March this year at the CFW Spring/Summer 2015 Show, within the Fashion Village. “CFW, which started ‘BrightSpark’ Shows to build up the next generation of Sri Lankan fashion designers also realised that... 


Transfer of new Japanese technology to develop local cinnamon industry

Published : 12:41 am  March 9, 2015  |  Category: Business  |  2 Comments  |  650 views  |  

NCE President Sarada De Silva and Dr. Naohiro Hozumi     The National Chamber of Exporters of Sri Lanka (NCE), the only private sector chamber which exclusively serves exporters, visited Tokyo from 23 to 28 February with a business delegation. The delegates comprised various products sectors and the delegation was led by President Sarada De Silva and Secretary General Shiham Marikar. The following companies comprised the delegation: Blue Diamond Jewellery Worldwide PLC, Faga Tyres Ltd., LAUGFS Corporation (Rubber) Ltd., PRIPA Organic Colombo Ltd., Uniceyl Marketing Services Ltd. and Khalhari Enterprise. The delegates visited the Toyohashi University of Technology where they had a meeting... 


NCPC workshop on boiler technology

Published : 12:40 am  March 9, 2015  |  Category: Business  |  Leave a Comment  |  297 views  |  

A 10-day workshop titled ‘Boiler technology learning and networking event for professionals in thermal energy arena’ has been scheduled from 27 March to be held on 10 consecutive Fridays. It will cater to all engineers and technical persons engaging in thermal energy applications in their respective work places. The objective of this training workshop is to enhance capacity amongst professionals in the thermal energy utilising sector on integrating ‘boiler technology’ through giving in-depth knowledge of boilers, steam generation and distribution that could guide and drive to distribute generated steam properly and efficiently by minimising losses in order to achieve further economic... 


Business leaders commend MTI’s ‘Strategic Reflections,’ a Daily FT publication

Published : 12:40 am  March 9, 2015  |  Category: Business  |  Leave a Comment  |  394 views  |  

Sri Lanka’s top corporate personalities and business leaders have commended MTI’s ‘Strategic Reflections’ column in the Daily FT, which has now been compiled into a book exclusively for Daily FT readers. Via the Daily FT edition of 23 March, our readers will have the opportunity to get a complimentary copy of this book, based on HilmyCader’s column in the Daily FT. “The food for thought and new perspectives across many fronts that impact business and organizations provided by Strategic Reflections gives the week a good start” – Amal Cabraal, former Chairman, Unilever Sri Lanka. “Interesting and relevant topics with good practical analysis and solutions” – Asgi Akbarally,... 


Sri Lanka’s exports to UK up 36% to £ 1.15 b in 2014

Published : 12:39 am  March 9, 2015  |  Category: Business  |  Leave a Comment  |  318 views  |  

Sri Lanka’s exports to UK in 2014 have grown by 36% to £ 1.158 billion confirming its position as the biggest market in Europe. British High Commissioner John Rankin welcomed this growth and noted the continuing strong opportunities for British companies in the Sri Lankan market. “These latest figures demonstrate the strong demand from British buyers for high quality goods manufactured in Sri Lanka, notably in the apparel and clothing accessories sector. M&S, Next, George for Asda, and Tesco all operate sourcing offices in this country. Overall, there are over 100 UK companies successfully operating in Sri Lanka,” Rankin said. Trade and investment is a two-way relationship and I look... 


Sri Lanka, India discuss next steps to boost bilateral trade, investment

Published : 12:00 am  March 7, 2015  |  Category: Business  |  Leave a Comment  |  1,059 views  |  

India’s Commerce Secretary Rajeev Kher with Industry and Commerce Minister Rishad Bathiudeen     Subsequent to the announcement by Prime Minister of India Narendra Modi during the visit of President Maithripala Sirisena to India in February 2015 that Commerce Secretaries of both countries would meet soon to review bilateral commercial relations, Indian Commerce Secretary Rajeev Kher visited Sri Lanka on 4 March for official talks. The delegation level talks were co-chaired by Kher and Ministry of Industry and Commerce Secretary S.S. Miyanawala. The Indian delegation also included High Commissioner of India Y.K. Sinha and Department of Commerce Joint Secretary Arvind Mehta. The current... 


Taj hospitality for Indian External Affairs Minister

Published : 12:00 am  March 7, 2015  |  Category: Business  |  Leave a Comment  |  394 views  |  

Indian External Affairs Minister Sushma Swaraj was warmly welcomed by Area Director and General Manager of Taj Samudra Colombo Rohit Khosla on Friday evening at the hotel. Here, Swaraj with Indian High Commissioner to Sri Lanka Y.K. Sinha and Khosla on arrival at the Taj Samudra, Colombo      Read More →


Hybrid Homes celebrates two years with 200,000 Facebook fans

Published : 12:00 am  March 7, 2015  |  Category: Business  |  Leave a Comment  |  580 views  |  

  Hybrid Homes, the trailblazer and pioneers of Hybrid Construction Technology (HCT) that converts used shipping containers to super luxury, eco-friendly houses, recently crossed the 200,000 fans mark on its interactive Facebook Page. “We are becoming the only Housing and Construction Company in Sri Lanka to reach this milestone with over 200,000 likes on Facebook engaging with our clients and establishing ourselves as the most active Sri Lankan construction company in the sphere of social media,” Hybrid Homes Managing Director Dharshana Fernando said. Fernando highlighted the company recently celebrated its second anniversary since February 2013 in which Hybrid Homes originally introduced... 


Govt. steps up consumer relief efforts

Published : 12:00 am  March 7, 2015  |  Category: Business  |  Leave a Comment  |  203 views  |  

4 Cabinet Ministers tell retail sector to obey New MRPs now in force  Over 1,000 detections by CAA Rishad pledges strict action Call 1977 free, any time of day: Jayawickreme Perera From left: Industry and Commerce Minister Rishad Bathiudeen, Food Security Minister Gamini Jayawickrama Perera, Buddha Sasana, Public Administration and Democratic Governance Minister Karu Jayasuriya and Mass Media Minister Gayantha Karunathilleke As reported incidences of consumer price violations increased, Sri Lanka stepped up its battle to implement the newly-slashed retail prices of selected consumer goods on 4 March in earnest, with no less than four top Cabinet Ministers joining the call. “I have... 


SL-Singapore Business Council, Singapore (Sri Lanka) Club hold networking event

Published : 12:00 am  March 7, 2015  |  Category: Business  |  Leave a Comment  |  254 views  |  

From left: Amanda Senewiratne, Secretariat, Ceylon Chamber of Commerce; Rohitha Mendis, Vice President, SLSBC; Upali Bandaranayake, Vice President, SLSBC; B.C. Tan of  Prima Group; Janaka Gunasekera of A. Baur & Company; Naserah Tyebally, President, Singapore Club; Shamil Mendis, President of SLSBC; R.D. S. Kumararatne, Director General, Department of Commerce; Sujatha Weerakoon, Director General, Export Development Board; Champa Mohinani, Singapore Club; Nirupa Peiris, Overseas Reality (Ceylon); Renuka Weerakone, Executive Director (Investment Promotion), Board of Investment; and Weon Cheol Koh, Director General, KOTRA     A joint Networking Evening was organised by the Sri Lanka-Singapore... 


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