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Huawei “GR5 2017″ launched in Sri Lanka – first in the region
Technologically advanced mid- range device enters region Huawei, the fastest growing smartphone brand in Sri Lanka, together with Singer Sri Lanka, launched the all new Huawei GR5 2017 at a ceremonious...
View ArticleFinance Minister says methodology will help better monitor government debt
CA Sri Lanka, SAFA, World Bank and ADB deliberates on Accrual Accounting for South Asia As Accrual Accounting continued to gain ground, South Asia too has begun to extensively deliberate on adopting...
View ArticleEmirates welcomes new generation A380 and Boeing 777 aircraft to its fleet
Emirates has begun taking delivery of its new generation Airbus A380 and Boeing 777-300ER aircraft. The first of the new generation A380s was delivered this month as Emirates’ 85th A380. The first of...
View ArticleSynapsys, DFCC Bank’s IT subsidiary empowers businesses to optimize value chains
DFCC Bank was the Exclusive Banking Partner at the World Export Development Forum held recently in Colombo. This forum was a unique global conference and Business-to-Business (B2B) matchmaking platform...
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Commercial Bank’s ‘Arunalu’ supports country’s brightest young students
Twelve of Sri Lanka’s brightest young students have been rewarded by Commercial Bank of Ceylon with nearly Rs 750,000 in scholarships and cash prizes as Sri Lanka’s largest private bank began the...
View ArticleFitch Rates National Insurance Trust Fund ‘AA-(lka)’/Stable
Fitch Ratings has assigned Sri Lanka-based National Insurance Trust Fund Board (NITF) a National Insurer Financial Strength Rating (IFS) and National Long Term Rating of ‘AA-(lka)’. The Outlook is...
View ArticleImpressive win for CDB at SLIM Brand Excellence
High achieving excellence has been reiterated by Citizens Development Business Finance PLC, (CDB) when the brand emerged victorious with two coveted Silver awards at the recent SLIM Brand Excellence...
View ArticleSri Lanka eyes Qatar LNG to fuel power plants in ‘clean energy shift’
Gulf Times – Sri Lanka is keen on importing liquefied natural gas (LNG) from Qatar as part of government policy to shift to clean energy, Minister of City Planning and Water Supply Rauff Hakeem has...
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Kiruwanaganga Estate Clinches National Occupational Safety and Health...
Hayleys PLC owned, Talawakelle’s flagship estate in the Southern Province, Kiruwanaganga Estate clinched the National Occupational Safety and Health Excellence-winner’s Award in the Agricultural sector...
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Sri Lanka to Receive a Number of Massive Foreign Investments by the End of 2016
The “Trade Delegation to Australia”, organized by the Colombo Chamber of Commerce (CCC™) was concluded recently amidst much positive response. The delegation was organized as means of creating the...
View ArticleSri Lankan shares fall for 6th session; tax proposals weigh on mkt
Reuters – Sri Lankan shares fell for a sixth straight session on Monday, posting their lowest close in four and a half months, in thin volume as investor sentiment was hit by budget tax proposals,...
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“Economic partnership with Japan has developed extending beyond trade and...
“Japan is one of Sri Lanka’s closest friends with a relationship that has prevailed for centuries and has stood the test of time amidst changing international and domestic political circumstances. In...
View ArticleRitzbury powers 27th Junior National Squash Championship 2016
Ritzbury together with Sri Lanka Squash Federation have made all arrangements to kick off the 27th Junior National Squash Championship 2016 on the 26th November 2016 at the Tamil Union squash courts....
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Condominium Developers Welcomes Budget 2017
The Condominium Developers Association of Sri Lanka, an affiliated trade body of the Ceylon Chamber of Commerce, which represents the Condominium Developers in the country hailed the Budget Proposals...
View ArticleUTE unveils CAT 360° ADVANTAGE to help customers improve bottom line
Customers constantly look for new ways to add value to their business. Deeply committed in helping equipment owners get the most value from products, technology and services, United Tractor &...
View ArticleEmirates offers LinkedIn Learning courses on ice
Emirates has partnered with LinkedIn to provide select LinkedIn Learning courses on ice, its award-winning inflight entertainment (IFE) system. Emirates is the first international airline to make these...
View ArticleThe EASL Statement on the Budget 2017
The EASL (Exporters’ Association of Sri Lanka), whilst understanding the current state of the economy, find this budget is more of a corrective nature. It does not address the need to progress the...
View ArticleSri Lanka to set up state-private joint ventures to manufacture medicinal drugs
Cabinet has approved a proposal to encourage investors to set up joint ventures together with the State Pharmaceuticals Manufacturing Corporation (SPMC) to manufacture medicinal drugs locally. This...
View ArticleSEC Adopts Risk Based Capital Adequacy Requirement
The Securities and Exchange Commission of Sri Lanka (SEC) on the recommendation of the Colombo Stock Exchange (CSE), directed the implementation of a risk based Capital Adequacy Requirement (CAR) of...
View ArticleState Enterprises Board draft bill to minimize losses in state enterprises
A new draft bill titled State Enterprises Act would be introduced in Parliament next year, Deputy Minister for State Enterprises Eran Wickremaratne told Parliament today (23 November). The Deputy...
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