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CBSL Governor Dr. Weerasinghe-ILO’s Simrin Singh
Sri Lanka’s entrepreneurship status:
Urgent steps vital to improve ranking - Central Bank Chief
Sri Lanka’s entrepreneurship ranking is very low, around 101 of 110 and urgent steps are needed to improve this ranking, Governor Central Bank Dr. P. Nandalal Weerasinghe told the ILO National Policy Symposium at the Taj Samudra on Thursday. He said that one reason for the lower entrepreneurship ranking is the limited number of female entrepreneurs. “Most females are...
28 May, 2023
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Japan’s Acting Ambassador Kotaro Katsuki takes a keen interest in roofing tiles made in Sri Lanka.
‘Build Sri Lanka’ showcases local industrial giants
The much anticipated ‘Build Sri Lanka’ housing and construction exhibition organised by the Chamber of Construction Industry of Sri Lanka (CCISL) commenced at the BMICH on Friday. Acting Ambassador of Japan to Sri Lanka, Kotaro Katsuki was the chief guest. The exhibition which ends today, showcases products and services of 200 stalls from six categories; building and...
28 May, 2023 0
SLIHM Chairman Shirantha Peiris with Chairman, IH Sri Lanka, Dr. Harsha Jayasinghe at the AGM. Pic: Sudath Malaweera
Local hotels operating with less than 50% staff - SLIHM Chairman Shirantha Peiris
IH Sri Lanka is addressing the issue - Dr. Harsha Jayasinghe:
The Sri Lankan travel sector is facing a major issue as all the hotels are operating with less than 50% of the required number of staff, said Chairman of Sri Lanka Institute of Tourism and Hotel Management, (SLIHM) Shirantha Peiris at the 31st AGM of the Institute of Hospitality Sri Lanka at Movenpick Colombo. He said that during the C-19 pandemic some of the employees in...
28 May, 2023 0
Sri Lanka targets $1.3 bn in FDIs
India likely to play a lead role:
Sri Lanka is expecting foreign direct investment inflows to rise by a fifth to $1.3 billion this year, a Government official said, with India likely to play a lead role despite Sri Lanka’s economy facing its worst crisis in decades. Although it was pushed to the brink last year by power cuts, chronic shortages of fuel and food and soaring inflation, Sri Lanka managed to...
28 May, 2023 0
National Chamber hosts Indian food and agri delegation
The National Chamber of Commerce of Sri Lanka (NCCSL) hosted a 16-member business delegation from India, led by Global Fortune (GF Mission India) and arranged B2B meetings for the business community in Sri Lanka at its auditorium last week. The visit was to explore and enhance export, import, trade and investment opportunities between Sri Lanka and India and the...
28 May, 2023 0

Business

LOLC chief confident of improvement in tourism sector
Avani Bentota rebrands as Thaala Bentota:
Sri Lanka’s tourism sector is bouncing back sooner than expected and we see a new light in this segment, said Group Managing...
Fitch assigns ‘AAA(lka)’ National Rating for Hayleys
    Fitch Ratings has assigned Hayleys PLC a National Long-Term Rating of ‘AAA(lka)’. The Outlook is Stable....
Air Tractors arrive at CIAR for refuelling
Another four Fire Boss AT-802 air tractors arrived at the Ratmalana Airport (CIAR) yesterday from Cocos Keeling Islands Airport,...
Agreements inked for Downtown Duty Free
 Singapore-owned One World Duty Free (ODF) and the Colombo Port City Economic Commission (Commission) have signed two...
Special food stall for G20 delegates
Srinagar (Jammu and Kashmir) [India], (ANI): The Jammu and Kashmir government has set up a special food stall “Jammu Kashmir...
From resilience to revival - rebuilding bigger and better trade
 External financial support and debt restructuring alone will be insufficient for Sri Lanka to overcome the economic crisis....
Campaign to encourage more Indian tourists to visit Sri Lanka launched
Leading hospitality and travel entities launch “Seeing is Believing”:
Leading hospitality and travel entities in the island including Cinnamon Hotels and Resorts, Walker’s Tours, Aitken Spence Hotels...
Importance of private tutoring increased during pandemic
A new IPS study finds that the demand for private tutoring in Sri Lanka increased in the context of dysfunctional school classes...
Earn your own salary
A job is a transaction. You offer value to the organisation and take a percentage of that as your remuneration. For an...
Benefits of creating a positive work culture
Technically, the work culture of an organisation is the common set of values, ideas, and attitudes of employees that guide such...
Ceylinco Life launches electronic KYC
Ceylinco Life has introduced an electronic Know Your Customer (eKYC) system, which offers improved security, efficiency and...
Rare, Refined, and Regal experience at THE RESIDENCIES-KOTTE by ICC
ICC (Pvt) Ltd, having completed 3,500 housing units is now completing its ‘The Residencies’ Kotte project on schedule despite the...
Finco Technologies obtains ISO certification
Finco Technologies (Pvt) Ltd, has received ISO 9001:2015 certification.This certification demonstrates the company’s commitment...
Free wi-fi connectivity onboard for Emirates passengers
Dubai, UAE: A recent enhancement to Emirates’ inflight connectivity means that all Emirates passengers in every class of travel...
SLT-Mobitel introduces ‘One Shot’ package
Reaffirming its excellence in setting new benchmarks in the telecommunication industry, SLT-Mobitel Mobile has introduced a One...
ComBank’s Leadership Readiness Forum concludes
Transformation and the creation of new business models leveraging digital disruption was the focus of the second edition of the...
Rich Look raffle draw winners receive prizes
Eheliyagoda resident wins first place
The winners of the raffle draw “Rich Look Shop & Win” conducted by fashion store Rich Look received their prizes recently.The...
Six thinking roles for HR professionals
Decision-making is a delicate part of a managerial career. This is true for People Professionals as well.In the midst of a...
People’s Bank-IFC third customer awareness program in Kandy
The People’s Bank in collaboration with International Finance Corporation (IFC) is working to strengthen the financial awareness...
Spanish travel influencers conclude fam tour
A group of sixteen social media influencers arrived in Sri Lanka on an invitation by Sri Lanka Tourism Promotion Bureau and...
Kia Motors relaunches website
Kia Motors (Lanka) Limited recently relaunched its website with an array of new navigational features, including scrolling videos...
Aion sponsors KDU’s ‘Capture the Flag’ and hackathon for undergrads
IT students from 21 universities competed at a Capture the Flag (CTF) competition and hackathon at the General Sir John...
Master’s Degree in Public Financial Management launched
CA Sri Lanka teams up with APFASL
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) with its public sector wing, the Association of Public Sector...
LHD and Koko to introduce healthcare financing option
Lanka Hospitals Diagnostics (LHD) entered into a partnership with the ‘Buy Now Pay Later’ (BNPL) App, Koko recently. LHD is the...
Hatch startups secure significant funding
Four Hatch startups: ‘Hyperglade’, ‘Miris by Islandmom’, ‘True by Tina’ and ‘Feelo’ have received funding to take their...
People’s Bank ‘Remittance Draw’: four millionaires picked
People’s Bank’s ‘People’s Remittance Vaasi Kotiyai 2023’ draw to select the Rs. 1 million winners for January, February, March...
Maskeliya Plantations receives Presidential environment award
Strathspey Estate, Upcot, a part of Maskeliya Plantations Plc., was honoured with a Presidential Environment Award for the...
Arpico Insurance continues growth in Q1 2023
Arpico Insurance PLC a fully owned subsidiary of Richard Pieris & Company PLC, reported a 19.5% growth in Gross Written...
Ideahub drives HNB’s digital strategy
Ideahub completes four years as the primary digital partner of HNB. Since its appointment in 2019, ideahub has driven and...
SLT-Mobitel - ‘Number One’ in telecom industry
Business Today Top 40 rankings - 2021-2022
SLT-Mobitel reigns as the number one of the telecom industry in the Business Today Top 40 rankings for 2021-2022, receiving...
DFCC Bank marks Women’s Day
Reiterates commitment to diversity, equity and inclusion
DFCC Bank held a week-long campaign recently to felicitate its women and highlight their contributions towards the Bank’s success...
Tokyo Cement Group wins Gold
Presidential Environmental Awards 2022
Tokyo Cement Group won the Gold medal for exceptional environmental conscious business practices in the Chemical Industries...
Advantis DNA: Empowering a multi-generational workforce
Advantis, the transportation and logistics arm of Hayleys PLC, has embarked on a pioneering journey of cultural transformation by...
People’s Bank Remittance Bonanza
Grand prize winner receives Rs. 10 million
The People’s Bank presented Rs. 10 million to grand prize winner M.A. Suranjana Perera, as part of its “People’s Remittance Vaasi...
Emirates phases out paper boarding passes for flights departing Dubai
Taking a step forward in its drive to offer customers the convenience and assurance of digitally enabled travel journeys,...
Tea Market report
Weekly Performance of Indices

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Bank of Ceylon ends 1Q-2023 on positive note
* Profit Before Tax: Rs.3.3 billion* Net Interest income of Rs. 18.6 billion* Total Assets base of Rs. 4.1...
Vallibel Finance opens branch in Mawanella
Expanding its outreach across Sri Lanka, Financial trailblazer Vallibel Finance opened its latest branch in...
Hela Apparel Holdings receives ISO certification for second consecutive year
Hela Apparel Holdings received the ISO 14064-1:2018 certification for quantification and reporting of...
Core operations growth underpins solid Q1 performance at Cargills Bank
* Operating Profit before taxes reported at Rs.259Mn, vs. loss of Rs.31Mn in 1Q2022* Total Asset base rose 11...
Samantha Rajapaksa joins EY Global Delivery Services
EY Global Delivery Services (GDS) has appointed Samantha Rajapaksa as the Location and Consulting Leader at...
My Dentist expands with clinic at Mt. Lavinia Medihelp Hospitals
My Dentist, a dental clinic chain in Sri Lanka, opened its 15th clinic at Mt. Lavinia Medihelp Hospitals...

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