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Correction: Fitch Downgrades NDB; Affirms 8 Sri Lanka Banks, Negative Outlook...

Fitch Ratings Singapore/ Colombo 18 August 2016: This announcement replaces the version published on 22 June 2016 to correct the Support Rating of DFCC Bank PLC to ’5′ instead of ’4′ and the rating...

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Northern Province Investor Forum on August 22

The Northern Province Investor Forum will be held at the Jaffna Government Agents office on August 22 with the objective of uplifting the lives of people which were affected by the war and support them...

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‘Submit Substantive Views to Influence Trade Liberalisation Process’ – Ceylon...

As the Sri Lankan government works towards forging a series of Free Trade Agreements (FTAs), the Ceylon Chamber of Commerce is calling for companies to submit substantive inputs on trade policy matters...

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DIMO wins big at The Asia Best Employer Brand Awards 2016

Diesel & Motor Engineering PLC (DIMO) has made its mark yet again at a higher level by bagging a record tally of three awards at the 7th Asia’s Best Employer Brand Award ceremony hosted by Employer...

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SLS essential for helmets

Obtaining SLS 517 is essential for helmets said the Consumer Affairs Authority. This directive applies to helmets worn by motor cycle riders in their day to day activities as well as for helmets worn...

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BOI has 16 projects in Jaffna

Board of Investment (BOI) has 16 projects in commercial operation In Jaffna. It employs 4499 people. Director Publicity Dilip Samarasinghe said that there is a project awaiting approval which is a...

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Tokyo Cement Group join forces with Blue Resources Trust to give our Coral...

Blue Resources Trust, a marine research organization dedicated to facilitate the sustainable use of marine resources, announces the formation of a MOU with Tokyo Cement Group to further their...

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Omega Line Toastmasters Inducts their Executive Committee at a grand ceremony

The 7th installation ceremony to induct the Executive committee of Omega Line Toastmasters Club for 2016/2017 was held at the GoldieSands Hotel Negombo recently. The Chief Guest for this occasion was...

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SriLankan Airlines Top Agents Awards 2016

SriLankan Airlines celebrated the success of its best performing travel agents at the SriLankan Airlines Top Agents Awards Ceremony at the national carrier’s corporate headquarters in Colombo’s World...

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Januka Dilshan lifts NDB Private Wealth Junior Masters Challenge Trophy

Expert financial planner NDB Wealth recently hosted its annual NDB Private Wealth Junior Masters Golf Championship, which was held on Friday, August 19, 2016, at the Royal Colombo Golf Club (RGCG). The...

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VirtusaPolaris Receives Stevie Award Recognitions for Investor Relations and...

VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., and a leading worldwide provider of information technology (IT) consulting and outsourcing...

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SLSI standard mandatory for Lankan water bottles from Sept 1

The Consumer Affairs Authority (CAA) under the direction of Minister of Industry and Commerce Rishad Bathiudeen will be enforcing plastic mineral water bottling standards starting September 1. “Low...

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Ceylon Chamber Launches ‘TIPS’ Initiative to Boost Trade Awareness for...

The country’s trade agenda received a boost this week with the Ceylon Chamber of Commerce launching a platform to enhance the awareness level of its members on the country’s trade policies. The...

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10 big mistakes you’re making at the airport

From the baggage drop to the security line to the boarding gate, just getting through the airport these days can throw pitfalls that you never saw coming. Here are 10 typical airport mistakes you may...

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Sri Lanka scores as South African tourists begin avoiding terror attack...

Travel to Belgium‚ France‚ Tunisia and Turkey declined in the first six months of the year following terror attacks in these countries‚ according to statistics from Flight Centre Travel Group. Flight...

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New Procurement System to Improve Development Impact and Transparency in...

In keeping pace with global trends, the World Bank unveiled a new Procurement Framework to help its partner countries in South Asia that procure goods and services under Bank-financed projects make the...

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Sri Lankan shares slip from 3-month closing high

Reuters – Aug 22 Sri Lankan shares closed slightly weaker on Monday after posting a three-month closing high in the previous session as investors booked profit in beverage and telecom stocks. The...

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17th Annual General Meeting of the Sri Lanka – Italy Business Council

The Sri Lanka – Italy Business Council of the Ceylon Chamber of Commerce held its 17th Annual General Meeting at the Hilton Colombo Residences recently. Dr. Giandomenico Milano, Charge D’Affairs A.I,...

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Inflation in July 2016

Inflation, as measured by the change in the National Consumer Price Index (NCPI) (2013=100), which is compiled by the Department of Census and Statistics, decreased to 5.8 per cent in July 2016 from...

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‘Sri Lanka keen to invest in Nepal infrastructure, education’

KATHMANDU: The newly appointed Sri Lankan Ambassador to Nepal, WS Pereira, said that Sri Lanka was interested in investing in the infrastructure and education sectors in Nepal. Ambassador Pereira said...

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