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Toyota India Announces Price Hike Of 3 Per Cent Across All Cars From January 2018

Toyota Kirloskar Motor is the latest car maker in India to announce a price hike for the new year. Starting from January 2018, all Toyota cars will see a hike of three per cent. The company has attributed the increase in prices after reviewing input and freight costs that goes into manufacturing of vehicles. The…

(0) Comments | December 12, 2017 3:26 pm

Featured

Amazing seasonal discounts up to 60% with DFCC Bank’s Vardhana Virtual Wallet

The Christmas season just got a whole lot more interesting with an exciting seasonal offer from DFCC Bank! Vardhana Virtual Wallet customers can avail of steep discounts up to 60% at popular merchants encompassing online, clothing, restaurants, supermarket, taxi service and fresh sea food stores. It’s quite easily the biggest deals to enhance the festive…

(0) Comments | December 12, 2017 4:35 pm

Freestyle for Triathletes lecture by Jan Prins PhD, Olympic and Paralympic Swim Coach

Sri Lanka Tourism and Pro-Am Serendib (Pvt) Ltd bring the world’s number one multi-sport event to Sri Lanka, that of the IRONMAN – a qualifying round for triathletes to participate in the IRONMAN World Championship 2018 in South Africa. The event is scheduled to be held on 25 February 2018 with a 1.9km sea swim,…

(0) Comments | December 12, 2017 3:57 pm

Browns Seizes another Top Award

Brown & Company PLC (Browns) walked away with the Silver award in the Trading companies category at the 53rd Annual Report Awards competition organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) on 5th December 2017 at the Bandaranaike Memorial International Conference Hall. The Annual Report Awards competition of CA Sri…

(0) Comments | December 12, 2017 2:43 pm

LankaClear bags Gold at Annual Report Awards for second consecutive year

LankaClear Pvt Ltd., the operator of LankaPay, which is the National Payment Network of Sri Lanka, reached another milestone by winning the coveted Gold award for the second consecutive year at the 53rd Annual Report Awards held recently. The company contesting under the SME Sector has achieved numerous successes at these awards during the last…

(0) Comments | December 12, 2017 2:32 pm

3W Consulting announces Sri Lanka’s first Green Belts in Retail

~ Organizations receive accreditation from the Global Retail Academy, leading to the Black Belt in Retail Three leading retail companies have successfully completed the Green Belt in Retail programme initiated by 3W Consulting, Sri Lanka’s leading Enterprise Renewal and Management Consultants. Hameedia, Whittall Boustead (Pvt.) Ltd. and Super Colloid Lanka (Pvt.) Ltd. successfully achieved the…

(0) Comments | December 12, 2017 11:56 am

Emirates celebrates holiday season with special Christmas treats

Emirates is spreading the festive joy with treats across all cabin classes this December. Customers travelling for the holidays will enjoy several Christmas specials both on the ground and on board from food to entertainment. Festive menus are back In addition to the regionally inspired cuisine served on board, Emirates is bringing back its Christmas…

(0) Comments | December 12, 2017 11:47 am

Don’t just Paint it, CROWN it with JAT

One of the top conglomerates in Sri Lanka, JAT Holdings has revolutionized the paint industry having partnered with highly renowned British paint maker, Crown Paints to introduce a wide range of premium Interior & Exterior emulsion paints to help you find the perfect color of your choice to crown your home. JAT Holdings has established…

(0) Comments | December 11, 2017 9:03 pm

Hemas’ Piyawara enriches lives of underprivileged children with three more Pre-Schools to national network

The Hemas’ chain of Piyawara pre-schools has, since its inception in 2002, enriched the lives of underprivileged children across Sri Lanka through a focused early childhood care and development (ECCD) programme.  Piyawara now has 44 such pre-schools across the country with over 3500 children cared for by over 150 teachers daily. This goes on record as…

(0) Comments | December 11, 2017 8:58 pm

Etihad Airways introduces a range of comfort items and amenities for purchase on selected flights

Abu Dhabi, United Arab Emirates – In addition to its complimentary inflight service and hospitality offering, Etihad Airways has introduced a selection of inflight products aimed at enhancing the travel experience and providing more choice for its guests in Economy Class. The items are available for purchase at attractive prices on a selected number of…

(0) Comments | December 11, 2017 8:38 pm

Purple reigns as GLOW – The complete skin care nutrient celebrates the best of bridal beauty

The complete skincare nutrient formula, GLOW, took to the ramp at the recently concluded Designer Wedding Show at the Shangri La, Colombo, reaffirming that it was the preferred choice by brides across Sri Lanka to look radiant on their special day. A segment in the Bride and Groom fashion show was dedicated to celebrate GLOW, with some…

(0) Comments | December 11, 2017 5:03 pm

Top News

Macroeconomic fundamentals and structural reforms are essential for economic growth

The Governor of the central Bank of Sri Lanka Dr. Indrajit Coomaraswamy pointed out that not only strong macroeconomic fundamentals but also structural reforms are essential for sustained economic growth and employment generation. Delivering the inaugural address of the 10th International Research Conference of the Central Bank of Sri Lanka at the John Exter International…

(0) Comments | December 12, 2017 2:48 pm

Entrepreneur of the Year award 2017 under President’s patronage

The ‘Entrepreneur of the Year award 2017’, award ceremony organized annually by the   Federation of Chambers of Commerce & Industry to give due recognition to the Sri Lankan entrepreneurs who excel in their fields, was held under the patronage of President Maithripala Sirisena at the BMICH, yesterday (11). This awards ceremony was organized for the…

(0) Comments | December 12, 2017 2:46 pm

Central Bank of Sri Lanka- 10th International Research Conference

The 10th International Research Conference of the Central Bank of Sri Lanka was held on 08 December 2017 at the John Exter International Conference Hall of the Central Bank. The conference was organised under the theme of “Macroeconomic Policy Reforms towards a Vibrant Future” with the aim of encouraging innovative theoretical and empirical research on…

(0) Comments | December 12, 2017 11:53 am

SLTC to host International Symposium on Industrial Systems

The Sri Lanka Technological Campus (SLTC) will be hosting its first-ever International Symposium on Industrial Systems (InSys) on December 18 at the SLTC in Padukka. Organized by the Office of Research & Innovation (ORIS) of SLTC, this one-day symposium will bring together industrial experts, innovative academics and researchers from local and overseas universities to a…

(0) Comments | December 12, 2017 11:47 am

TI Cycles inks deal to buy 2 Sri Lanka-based firms

To acquire controlling stake in Creative Cycles (Private) Limited and Great Cycles (Private) Limited of the island nation. The Hindu – TI Cycles of India, a part of the $ 4.7 billion Murugappa Group, has inked a definitive agreement to acquire controlling stake in Creative Cycles (Private) Limited and Great Cycles (Private) Limited of Sri…

(0) Comments | December 12, 2017 10:48 am

A novel solution to the food waste issue from Eco Waste Disposers with Worlds No 1 Garbage Disposers Waste King

Eco Waste Disposers recently introduced a product which offers a unique solution to Sri Lanka’s garbage problem. The garbage disposers eases the hassle of collecting and disposing food waste in residential and commercial establishments. This unit grinds nearly all types of food waste including chicken bones, egg shells and fruit & vegetable peels. The ground…

(0) Comments | December 12, 2017 10:36 am

Sri Lankan stocks hit near 8-month closing low on foreign investor selling

Reuters – Sri Lankan shares extended falls into a second session on Monday, closing at their lowest in nearly eight months, as foreign investors sold blue chips such as conglomerate John Keells Holdings Plc. The Colombo Stock Index dropped 0.28 percent to 6,357.41, its lowest close since April 17. It fell 0.6 percent last week…

(0) Comments | December 12, 2017 10:15 am

A factual argument against the total liberalization of shipping agencies

By Chathura Subasinghe The Shipping industry in Sri Lanka is already liberalized. All aspects of the Shipping Industry except for Agency is liberalized. This includes: terminals, warehouse and depot infrastructure, ancillary service infrastructure etc. which constitute a maritime hub where foreign entities can have 100% ownership. Despite this, we are yet to see foreign investments…

(0) Comments | December 11, 2017 3:56 pm
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A factual argument against the total liberalization of shipping agencies

By Chathura Subasinghe The Shipping industry in Sri Lanka is already liberalized. All aspects of the Shipping Industry except for Agency is liberalized. This includes: terminals, warehouse and depot infrastructure, ancillary service infrastructure etc. which constitute a maritime hub where foreign entities can have 100% ownership. Despite this, we are yet to see foreign investments…

(0) Comments | December 11, 2017 3:56 pm

A factual argument against the total liberalization of shipping agencies

~ An evidence-based article amidst public confusion for intelligent readers By Chathura Subasinghe The Shipping industry in Sri Lanka is already liberalized. All aspects of the Shipping Industry except for Agency is liberalized. This includes: terminals, warehouse and depot infrastructure, ancillary service infrastructure etc. which constitute a maritime hub where foreign entities can have 100%…

(0) Comments | December 8, 2017 7:08 pm

The Expectation Of Reduction Of Corruption In Sri Lanka Collapses Again

Perceived Economic Opportunity PEO: August, 2017 This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a random sample of 400 men and women covering all districts in Sri Lanka on their expectations of economic prospects in the ensuing twelve months.   STATUS OF JOB PROSPECTS…

(0) Comments | December 5, 2017 11:15 am
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