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The 18th Annual General Meeting of the Sri Lanka-Malaysia Business Council was held at the Ceylon Chamber of Commerce recently. The council, which focuses on the objectives of ‘promoting investment, trade and joint ventures between Sri Lanka and Malaysia,’ functions under the aegis of the Ceylon Chamber of Commerce. High Commissioner for Malaysia in Sri ...
- Lanka to woo 42,000 tourists from Gulf (Category: Breaking News)
- Sri Lanka woos UAE for its tourism sector (Category: Breaking News)
- Malaysia seeks investment opportunities in SL (Category: Breaking News)
- Top Malaysian firms in town next week to explore biz opportunities in Sri Lanka (Category: Business)
Mount Lavinia Hotel has always been a catalyst to take steps of changing landscape with its own set of new challenges. Now it envisages empowerment and enhancement of Hospitality Education and Training within the country and in the region also. Mount Lavinia Hotel has branched out into Maldives with the opening of its sister hotel ...
- Legendary International Hotel School Wins Award At Sri Lanka Tourism Awards (Category: Business)
- Legendary Int. Hotel School wins at Sri Lanka Tourism Awards (Category: Business)
- First Batch From Badowita Receives Certificates For F&B (Category: Breaking News)
Playing off India against China and vice versa‘The Great Game’ was the name given to a diplomatic and military tussle between the British and Russian empires during the time of the British Raj in India for influence over what constitutes today’s central Asian states. Commonly known as the ‘Stan states,’ they were located along the ...
- Fearing political pressure, Sri Lanka president wants to avoid trade integrations with India (Category: Breaking News)
- Sri Lanka is no pearl on China’s string: President (Category: Business)
- From defence sales to electricity grids, India upgrades Lanka ties (Category: Business)
- In bid to counter China, US ramps up effort to boost military ties in Asia (Category: Breaking News)
Diversified blue chip Aitken Spence Plc has reported a pre-tax profit of Rs. 918 million for the first quarter, a growth of 25%, over the previous year, while the Group’s revenue rose by 54% to Rs. 8.61 billion. Earnings per share for the quarter stood at Rs. 1.58, an increase of 16% over the corresponding ...
- Rs. 630 m windfall for Aitken Spence from port venture exit (Category: Business)
- Aitken Spence’s 9 month profits up 24% to Rs. 3 b (Category: Business)
- Harry triggers Takeover Code on Aitken Spence (Category: Business)
- Aitken Spence 1H profit before tax up 7.5% to Rs. 1.7 b (Category: Business)
Saffron Aviation Ltd., a joint venture between John Keells Holdings PLC (JKH), MMBL Leisure Holdings Ltd., and Phoenix Ventures Ltd., yesterday signed an agreement with the Board of Investment (BOI) to establish a domestic air taxi service in Sri Lanka with an initial investment of $ 6.8 million out of a total planned investment of ...
- BOI signs $ 44 m deal with Saudi investor (Category: Business)
- BOI approves 6 new ventures in SL (Category: Breaking News)
- Sri Lanka manufactures garment to M&S and Tesco (Category: Business)
- BOI signs 2 new agreements with Emmaus Industries and Habarana Lodge (Category: Breaking News)
Biggest contingent of top Indian corporate leaders in town for the first ever bilateral CEOs Forum and other events as mega India Show kicks off today with Commerce Minister Sharma as Chief Guest By Nisthar Cassim Indian business leaders are rushing to Sri Lanka as the giant neighbour kicks off today what can be described ...
- Indian Commerce Minister in town tomorrow to lead greater ties with Sri Lanka (Category: Business)
- Sri Lanka to ask for fair share of Indian market at first bilateral CEOs Forum (Category: Business)
- Mega ‘India Show’ in August 2012 to boost bilateral trade with Sri Lanka (Category: Business)
- India calling (Category: Business)
The Sri Lanka-Pakistan Business Council held its 19th Annual General Meeting recently. The council was established in 1991 under the aegis of the Ceylon Chamber of Commerce with a view to promote trade, investment, tourism and services between the two countries. Merchant Lanka Ltd. Managing Director Rohitha Thilakaratne was elected as the President of SLPBC ...
- Closer Ties (Category: Business)
- Trade Talks (Category: Business)
- Bilateral trade between Sri Lanka and Pakistan to reach US$ 1 billion in next 5 years (Category: Breaking News)
- Pakistan wants strong economic ties with Lanka (Category: Breaking News)
Economic Development Minister Basil Rajapaksa recently hailed the substantial support for socio-economic development in Sri Lanka from Finland. This was emphasised when Finland’s outgoing Ambassador to Sri Lanka Terhi Hakala paid a courtesy call on Minister Rajapaksa. “Finland has generously assisted Sri Lanka over the years in country’s economic and social development drive. It ...
- Finland explores investment opportunities in Sri Lanka (Category: Breaking News)
- Minister suggests exporting Sri Lanka`s surplus rice and vegetables (Category: Breaking News)
- New era in bilateral relations between Norway and Sri Lanka (Category: Breaking News)
- New Thailand Ambassador and Basil discuss economic ties (Category: Business)
Minister of Commerce, Industry and Textiles of India Anand Sharma will visit Sri Lanka from 2-5 August 2012, coinciding with the prestigious ‘India Show – Land of Limitless Opportunities’ being organised by the Confederation of Indian Industry (CII) in partnership with the Ceylon Chamber of Commerce from 3-5 August 2012 at the BMICH, Colombo. ‘India Show’ ...
- Ayubowan India! (Category: Business)
- Mega ‘India Show’ in August 2012 to boost bilateral trade with Sri Lanka (Category: Business)
- Big Indian pharma team in town (Category: Business)
- Over 30 Indian firms at Arogya 2012 healthcare expo today (Category: Business)
With the opening dates of terminals in the Colombo South Harbour Project in Sri Lanka and Deep Water Container Port in Pakistan now set as 2013 and 2014 respectively, port development in the South Asian region is about to enter another era. When completed, the new deep sea ports in Karachi and Colombo will have ...
- Sri Lanka needs more base cargo to face future competition (Category: Business)
- Fair winds for Sri Lanka maritime hub (Category: Business)
- Strengthening ties between ports (Category: Business)
- Accelerating growth: catching the wave or missing the bus (Category: Business)
One hundred and twenty golf pros are set to tee off in Sri Lanka next month at the major professional tour – The Standard Chartered Open 2012. The four day tournament which will debut in Sri Lanka and be held from 15 to 18 August at The Royal Colombo Golf Club, is an event sanctioned ...
- PGTI debuts in Sri Lanka with Standard Chartered Open 2012 (Category: Business)
- Standard Chartered Open 2012 – first professional golf tour in Sri Lanka (Category: Business)
- Sri Lanka to host a major international golf tournament in August (Category: Breaking News)
- Big draw for Standard Chartered Open 2012 (Category: Business)
British HC commends Sri Lanka for progress made over the years By Cheranka Mendis Ceylon Chamber of Commerce Chairman Susantha Ratnayake yesterday called for a new wave of reforms if the country were to come out of current shocks quickly with the least amount of pain. In his address at the chamber’s 173rd Annual General Meeting, ...
- Finagle introduces Frozen Ready-To-Bake range of bakery products (Category: Business)
- Economic Summit kicks off with wakeup call for Sri Lanka (Category: Business)
- US keen to increase trade with Sri Lanka (Category: Business)
- “Sri Lanka has great potential to attract Japanese investors” – Japanese Ambassador (Category: Business)
The Graduation Ceremony and Membership Investiture of The Chartered Institute of Marketing (CIM), Sri Lanka Region was held on Friday 20 July at Waters Edge, Battaramulla. University of Moratuwa Senior Professor Civil Engineering, Malik Ranasinghe was the Chief Guest, while CIM UK Director of Education Anita Stubbs graced the occasion as Guest of Honour. CIM ...
- CIM presents Centenary Walk on Saturday (Category: Breaking News)
- Sri Lanka - CIM launches Introductory Certificate in Marketing (Category: Education)
- Dushan wins prestigious CIM Top Student Worldwide Award (Category: Business)
- Sri Lanka Tourism wins CIM award (Category: Breaking News)
Following is the part one of the Daily FT article featuring the Acuity Stockbrokers Research on Economy and Strategy titled “Lion Leads Frontier” launched last week. Better than the rest General frontier market risks remain pertinent to Sri Lanka Investors in frontier markets are well aware of the risk-return tradeoff intrinsic to these markets. Low ...
- Lion leads frontier markets (Category: Business)
- Sri Lanka’s growth world’s fourth best! (Category: Business)
- Sharper slip in Sri Lanka’s rank in global competitiveness (Category: Business)
An important feature of the recent Sri Lanka Economic Summit, which both the Guest Speaker Gurcharan Das, Author, Columnist and Management Consultant and Keynote Speaker Dr. Kalpana Kochar, Chief Economist – South Asia of the World Bank, referred to were the opportunities presented to Sri Lanka by the ongoing process of globalisation and particularly the ...
- Achieving economic goals amidst global challenges (Category: Business)
- Signs of an economic doomsday… is there a way out? (Category: Business)
- Positioning Sri Lanka in the global economy (Category: Business)
- Development-led globalisation (Category: Business)
By B.A.B. Goonetilleke Sometime in 2009, in what was to become a defining moment in the new Digital Age, Bradley Manning, a 24-year-old Army private based at an outpost in Iraq, began to download a veritable trove of classified cables dispatched by US missions around the world on to a thumb drive. Whether Manning stepped ...
- Solheim Looks Back On The Peace Process (Category: Breaking News)
- Wikileaks: Norwegians Concerned Over JVP’s ‘Ugly’ Campaign (Category: Breaking News)
- Sri Lankans In Wikileaks (Category: Breaking News)
- Sri Lanka and the Spectre of an International Investigation (Category: Breaking News)
Reuters: Sri Lanka now expects 2012 tea production of around 325 million kg, below its target of 330 million kg, as output has fallen in the last five months due to drought, the State-run Tea Board said. Tea production in the first half of the year fell 4.3 per cent year-on-year to 163.26 million kg ...
- JANUARY TEA OUTPUT INCREASES (Category: Breaking News)
- Kenya tea exports up 10% in first quarter (Category: Business)
- January tea output up 6% (Category: Business)
- July tea output down 11.5% (Category: Business)
A port city is an extension to the port, in order to acquire the advantageous facilities of the port and the port background to shape up the environment of the city surrounded by port. This is not a novel concept where many countries are adapting this principle to achieve their economic and leisure goals. Baltimore ...
- Enhancing shipping traffic to Sri Lanka (Category: Business)
- Sri Lanka needs more base cargo to face future competition (Category: Business)
- Fair winds for Sri Lanka maritime hub (Category: Business)
- South Asian ports need synchronised development (Category: Business)
Heads turning attraction! Biggest sporting event in post-war Sri Lanka aims to boost future cricket talent at provinces; leisure and entertainment industry to get a fillip 21-day contest from 10 August involving local and global stars to be promoted as “village, country and the world” coming together as one to celebrate Sri Lanka’s passion MCC ...
- Brian Lara, MCC Chief lift SLPL to the world (Category: Business)
- SLPL boost for tourism next month (Category: Business)
- Sri Lanka Premier League forges ahead (Category: Business)
- All set for maiden SLPL; sights set for bigger glory in the future (Category: Business)
Wimbledon is special to me not because I played the tennis circuit during my schooling days but for the insights that I get into life and business in general. The 2012 edition in particular was unique, given that a Brit was in the finals of the men’s singles game, that was happening after 74 years. ...
- London: World’s first social media Olympics (Category: Business)
- The brand IPL is about highlighting performance (Category: Business)
- Ceylon Tea in catch-22? (Category: Business)
- The US Open and Sri Lankan policy (Category: Business)
Standard Chartered Bank has revised Sri Lanka’s credit outlook to stable from positive and is advising bond investors to await the conclusion of Sri Lanka’s $ 1 billion Sovereign issue prior to getting involved in the country’s debt market opportunities. This advise is contained in SCB’s latest Asian sovereign credit coverage. “While we believe that ...
- Standard Chartered optimistic Rupee will appreciate in Q3-4 (Category: Business)
- A rosy update (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- A resolute Sri Lankan economy (Category: Business)
Laugfs Gas PLC and its subsidiaries having recorded a profit after Tax of Rs. 942 million as per the un-audited financial statements for the year ended 31 March 2012, yesterday announced a payment of first and final dividend of Rs. 1.50 per share for both Ordinary Voting and Non- Voting shares held. Chairman Laugfs Gas ...
- Laugfs Gas also increases price, equals Litro (Category: Breaking News)
- Laugfs request Rs.570 price hike (Category: Breaking News)
- Domestic gas prices up (Category: Breaking News)
- Laugfs price down (Category: Breaking News)
By Cassandra Mascarenhas The third and final day of the Sri Lanka Economic Summit 2012 organised by the Ceylon Chamber of Commerce commenced with a plenary session titled ‘Skills and Productivity to Compete in the Global Market,’ which discussed the initiatives that are underway and aimed to identify additional steps required to improve the quality ...
- Improving Sri Lanka’s business climate (Category: Business)
- Sri Lanka Economic Summit to examine ease of doing business (Category: Business)
- Creating digital inclusion and regional connectivity (Category: Business)
- From science to commercialisation (Category: Business)
Following is the full text of Secretary to Ministry of Finance and Planning and Ministry of Economic Development Dr. P.B. Jayasundera’s keynote address titled ‘Sri Lankan Economy in Perspective’ at first plenary session of the Ceylon Chamber of Commerce Sri Lanka Economic Summit yesterday under the theme ‘Positioning Sri Lanka in the Global Economy’ Chairman, ...
- Govt. on right course, private sector must adapt and grow: Dr. P.B. (Category: Business)
- Accelerating growth: catching the wave or missing the bus (Category: Business)
- A resolute Sri Lankan economy (Category: Business)
- Does Wage Growth Retard Economic Growth? (Category: Breaking News)
Third batch of students graduate in TangalleThe third batch of 23 students, trained in hotel operations under ‘Jeevana’ Livelihood Development Scheme, promoted by NDB, passed out at a ceremony held in Tangalle on 9 July. MP Namal Rajapaksa was the chief guest at the ceremony. Initiated in September 2010, ‘Jeevana’ Livelihood Development Program endorses NDB’s ...
- NDB ‘Jeevana’ empowers youth in Jaffna together with DIMO (Category: Business)
- NDB Bank enhances hospitality trade through ‘Jeevana’ initiative again (Category: Business)
- NDB helps youths to get jobs in the growing tourism industry (Category: Breaking News)
By Cassandra Mascarenhas Setting its sights on placing Sri Lanka in the global economy and expanding its reach in overseas markets, the Sri Lanka Economic Summit 2012, the Ceylon Chamber of Commerce’s annual flagship event, aptly themed ‘Positioning Sri Lanka in the Global Economy,’ commenced last evening at the Cinnamon Grand. In the context of ...
- Lion leads frontier markets (Category: Business)
- Young political guns speak up for economy (Category: Business)
- Ceylon Chamber spearheaded repositioning post-war Sri Lanka forum kicks off today (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
This is the second edition of the ‘Company Called Sri Lanka’ article range in store and finds it is the most appropriate time to express the marketing strategy for tourism in the backdrop of the Sri Lanka Economic Forum, where they will be arguing about positioning Sri Lanka in the world market. Sri Lanka as ...
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
- The Treasure Hunt (Category: Business)
- Etisalat’s ‘Really Really Fast Internet Campaign’ wins a Silver Effie (Category: Business)
- For tourism, after BRICs, Lanka-included SLIMMA is the best (Category: Business)
The first-ever Swiss-Sri Lanka Business & Investment Forum held in Geneva concluded successfully on 11 June. “The theme of the Geneva event ‘A land of a thousand and one opportunities’ appears to have successfully captured the outlook of Sri Lanka’s new growth phase. I congratulate the Sri Lankan delegation, our Swiss Embassy in Germany and ...
- For a change Geneva, Zurich to hear Sri Lanka’s post-war potential this week (Category: Business)
- Swiss banks tout stability and secrecy to lure rich (Category: Business)
- UBS CEO calls attacks on Swiss tax “economic war” (Category: Business)
- ERI wins ‘Diamond Eye Award for Quality and Excellence’ (Category: Business)
The need of policy framework and regulations for Sustainable Tourism (Economic wealth distribution, protecting environment, promoting social values) was the focal point of Chairman Sri Lanka Tourism Development Authority Dr Nalaka Godahewa at the evening public lecture organised by the Central Bank of Sri Lanka (CBSL) and held at the CBSL training centre auditorium last evening.
- Space, Scotland's final frontier? (Category: Technology)
- Dream property for sale (Category: Australia, Tasmania )
- Tourism awards for Hobart (Category: Australia, Tasmania )
- Even in tough economy, Seattle tourism continues to thrive (Category: USA, Washington)
HSBC Sri Lanka on Monday celebrated its 120th year of successful operations in the country. Initially set up in Colombo in 1892 as a bank to facilitate trade finance with China, the entity has evolved over the years to become a full service bank that encompasses commercial and personal banking solutions for a diverse profile ...
- HSBC boosts RMB trade settlement service to 59 markets (Category: Business)
- COMBank declared Sri Lanka’s ‘Bank of the Year’ by The Banker (Category: Business)
- HSBC Group GM and Head of International Asia Pacific visits Sri Lanka (Category: Business)
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