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99X Technology, formerly known as Eurocenter DDC, was recognised as the Outstanding Exporter in 2011 in the Gold Category for the Export of Business and Professional Services Sector at the 20th NCE Export Awards, which was held on 21 September at Hilton, Colombo. The award benchmarks 99X Technology as an innovative thought leader in the ...
- 99X Technology wins Arch of Europe Gold Award for Quality and Technology (Category: Business)
- 20th Annual NCE Export Awards launched (Category: Business)
- Dankotuwa bags another gold at NCE awards (Category: Business)
The Sri Lanka Embassy in Washington in collaboration with the Sri Lanka Tea Board has launched a vigorous campaign to promote Ceylon Tea in the United States. The focus of the campaign is to strategically and effectively position Ceylon Tea in the US market, which is currently experiencing
- Fresh Leaves (Category: Business)
- International Tea Day 2022 Celebration & Ceylon Tea Promotion in South Africa (Category: Breaking News)
- Export Focus (Category: Business)
- Beverage Benchmark (Category: Business)
2012 unlikely to match up to 2011 tea revenue; stakeholders’ voice uncertaintya By Cheranka Mendis The tea industry which brought in revenue of approximately US$ 675 million within the first six months of this year – US$ 50 million below the revenue collected in the same period in 2011 – is likely to fall short ...
- Hub is no hoodoo, says TEA (Category: Business)
- Tackling tea travails (Category: Business)
- Tea exporters want Gota to defeat mafia (Category: Business)
- Industry discusses Ceylon Tea’s ‘ExclusiviTea’ (Category: Business)
Union Bank announced the appointment of Sabry Ghouse and Sunil Karunanayake as new Independent Non Executive Directors to the bank’s Board of Directors with effect from 30 August 2012. Appointment of independent directors is an integral part of the bank’s good governance practices, thus ensuring further commitment to the protection of shareholder interest. In this ...
- Union Bank appoints former CB Deputy Governor to Board (Category: Business)
- Wijeyeratne appointed to Union Assurance Board (Category: Business)
- NAMAL moves into new head office (Category: Business)
- Singer Finance appoints two new independent Non-Executive Directors to its Board (Category: Business)
Ceylon Tea Brokers Plc in the financial year ended on 31 March 2012 posted an income of Rs. 185.69 million, up from Rs. 157.5 million in FY11 whilst pre-tax profit improved to Rs. 63.3 million from Rs. 56.7 million. Total assets as at 31 March 2012 amounted to Rs. 933 million as against Rs. 788.7 ...
- Tackling tea travails (Category: Business)
- March tea output falls on bad weather (Category: Business)
- Local tea industry in a fix (Category: Business)
- Trying time for tea (Category: Business)
By Cassandra Mascarenhas The Government eServices project spearheaded by the ICT Agency of Sri Lanka celebrated a landmark achievement last evening, launching 22 important eGovernment services, further strengthening the country’s Government sector by making public services easily accessible to the citizens of Sri Lanka via the internet and mobile communication systems. Presidential Secretary...
- Special New Year transport information via 1919 (Category: Business)
- Number of Lanka Gate users per day exceeds 3,000 (Category: Business)
- ICTA’s Lanka Gate e-services project for better public service (Category: Business)
- Reservoir level updates via SMS to farmers (Category: Business)
The Colombo Tea Traders’ Association (CTTA), which manages the world’s premier and largest single origin tea auction in the world – the Colombo Tea Auction (CTA) – has completed a study with MTI Consulting, aimed at improving the process of the auction. Addressing the CTTA Committee at the project presentation, Chairman of CTTA Jayantha Keragala ...
- CTTA Completes Tea Auction Study With MTI (Category: Business)
- MTI completes 15 years of consulting excellence (Category: Business)
- Lanka to be $100b economy by 2020 - Dr. P.B. Jayasundera (Category: Breaking News)
- Sri Lanka gets the highest offer in tea auctions (Category: Breaking News)
Leading global public relations firm Burson-Marsteller has submitted its bid for the marketing of Ceylon Tea to the Sri Lanka Tea Board, according to Senior Advisor to the Global Strategy Team of BursonMarsteller, Martin Roll.
Sri Lanka has succeeded in becoming a direct tea supplier to Iraq, in addition to be the dominant tea supplier in the country, the fifth largest buyer of Pure Ceylon Tea in the world. “I have been given to understand that our direct shipments of Pure Ceylon Tea to Iraq have, in terms of value, ...
- Sri Lanka becomes a direct supplier of Pure Ceylon Tea to Iraq (Category: Breaking News)
- Jordan wants higher Ceylon Tea exports (Category: Business)
- Iraq looking for Lankan apparels, rubber in big volumes (Category: Business)
- Sri Lanka’s second global brand born (Category: Business)
The National Chamber of Exporters of Sri Lanka (NCE) and the Shippers Academy Colombo (SAC) conducted the third seminar in a series on Customs and SLPA automation this month, on post implementation on Customs and SLPA automation process. The event was attended by Sri Lanka Ports Authority Chairman Dr. Priyath B. Wickrama, Sri Lanka Customs ...
- Customs requests trade to be ready for change at NCE-SAC workshop on ASYCUDA World (Category: Business)
- Process changes at BOI (Category: Business)
- Payments to Customs, ports a ‘click’ away (Category: Business)
- Easier Access (Category: Business)
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)
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)
The third in the revived Exporters’ Forum series in Sri Lanka’s new thrust concluded successfully on 10 July in Colombo with the community praising the effort for ‘active follow up’ on problems faced by Sri Lankan exporters. “Today we successfully cleared Rs. 15.5 m refunds which were due for exporters and also managed to resolve ...
- Exporters’ Forum returns in full strength; exporters upbeat on prompt results (Category: Business)
- First-ever direct consultation with export titans starts in earnest (Category: Business)
- Sri Lanka moves to upgrade rubber infrastructure to play 2022’s $ 4 b target (Category: Business)
As Sri Lanka-UK bilateral trade volumes reported a further rise in 2011, the UK is keen to raise its investments in Sri Lanka. “UK’s Cleveland Bridge Ltd., the well-known global tech engineering company, has won a contract to build 210 permanent steel bridges in Si Lanka. This infrastructure project is partly funded with a loan ...
- British High Commissioner hosts reception for UK companies at Sri Lanka Expo (Category: Business)
- UK specialist to supply 210 rural bridges under $ 56 m project (Category: Business)
- Consider Sri Lanka an ethical, profitable trading partner: British envoy (Category: Business)
- UK keen on Sri Lanka’s booming tourism sector; Rishad invites Britain to Expo 2012 (Category: Business)
Top lecture by Protected Area and World Heritage specialist Peter Shadie on WednesdayDilmah Conservation will host Protected Area and World Heritage Specialist Peter Shadie for a public lecture on Wednesday, 27 June at the Wimalasurendra Auditorium of the Institution of Engineers from 6.00 pm as part of their Bioregional Initiative. Several notable conservation specialists have ...
- UN adds Lankan sites (Category: Breaking News)
- Discussion on dugong conservation and marine protection (Category: Business)
- 'Grotesque' destruction (Category: Australia, Queensland)
- Helping hand for heritage (Category: Australia, Tasmania )
Corporate event management specialist B-Connected is celebrating 15 years of success. Identifying a niche market for corporate event management, B-Connected was started as a small one-woman enterprise in 1997. Today it has grown and diversified, its roots spreading from event management to recruitment, office support services and more. Events and conference management remains the core ...
- Kenanga lnvestment Corp introduces professional investment management services (Category: Business)
- Professional Edge Consulting to host ‘Manners in Management’ etiquette workshop (Category: Business)
- Asiri, first hospital in Sri Lanka to receive ISO 14001-2004 (Category: Business)
- Kenanga ties-up with Management Systems for fund management software (Category: Business)
As per latest production data released by the Sri Lanka Tea Board, crop in May has declined by 2.8 million kilos to 30.8 million kilos over a year earlier. “During May, 2012, all three elevation categories have recorded lower crops than the corresponding month last year, with the harvests
- 2011 tea crop loses to 2010 in July (Category: Business)
- Trying time for tea (Category: Business)
- Lanka’s 2012 Jan-July tea exports Rs100 bn: In 2011, it was Rs92 bn (Category: Breaking News)
The National Chamber of Exporters of Sri Lanka (NCE) in association with the Shippers Academy (SA) has organised a workshop to discuss, various issues in the post introduction of ASYCUDA world and online bill payments on 15 July from 8a.m. to 12 noon at the Sri Lanka Foundation Institute. It will involve the participation of ...
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
- Seeking Direction (Category: Business)
Sri Lanka has successfully showcased its latest investment opportunities to keen global investors who visited the world’s ninth largest economy to gauge the future of US manufacturing and global economic outlook. The Sri Lankan pavilion at the ‘International Trade Outlook 2012’ event held in California, the biggest economy in US and the ninth largest in ...
- Sri Lanka trade delegation to participate in Expo Pakistan (Category: Breaking News)
- New Indian Consul Office opened in Jaffna (Category: Breaking News)
- Sri Lanka-UAE annual trade Dh 2.20 billion (Category: Breaking News)
- Honorary Consulate of Sri Lanka in Bengaluru (Category: Breaking News)
SL: Cleanest country in South Asia As we celebrate World Environment Day today, it is important to acknowledge that the Sri Lankan economy has experienced accelerated growth from a 20 billion dollar economy in the 1990s to be a 59 billion rupee economy as at end 2011. However a point to note is that whilst ...
- Budget 2012’s impact on the export sector (Category: Business)
- Marketing an emerging tourism destination in Asia (Category: Business)
- Hub is no hoodoo, says TEA (Category: Business)
- Treasures of Sri Lanka, the ethical way (Category: Business)
Wide publicity has been given to the events unfolding at the Sri Lanka Tourism regarding the resignation of the Chairman from Sri Lanka Tourism Promotion Bureau, Sri Lanka Institute of Tourism and Hotel Management and Sri Lanka Convention Bureau and the performance of the Board of Investment. The media reports have given the impression that ...
- Basil bats for PB (Category: Business)
- BOI Board in limbo (Category: Business)
- Combined publicity blitz for Sri Lanka tourism still not 100% ready (Category: Business)
- Nalaka Godahewa tosses three tourism hats (Category: Business)
Ballooning trade gap Even with the multitude of measures taken to curb imports, Sri Lanka's cumulative trade deficit widened to nearly US$ 1.7 billion in the first two months of the year with earnings from exports increasing marginally by 3.3 per cent to US$ 1.8 billion whilst import expenditure shooting by 24.7 per cent to ...
- Hub is no hoodoo, says TEA (Category: Business)
- Marketing 3.0 and Sri Lanka (Category: Business)
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
- Do people prefer coffee over tea? (Category: Business)
By The Lion Without Spot The Pure Ceylon Tea debate rages on. Though the dialogue so far has largely been confined to the print media on the way forward for Sri Lanka’s tea industry and it will no doubt open out the opportunity for discussion in other forums as well, in the days to come. ...
- Akbar Brothers flies Lankan flag high as world’s biggest tea exporter (Category: Business)
- Govt. pledges to protect ‘Pure Ceylon Tea’ (Category: Business)
- “PURE CEYLON CINNAMON” SECOND NATIONAL BRAND UNVEILED (Category: Breaking News)
Sri Lanka’s tea industry generates around 1.5 billion dollars to Sri Lanka and provides almost a million jobs to the economy today. In fact Sri Lanka is considered a model to the world across the value chain, from growing to production and from physical distribution to the most admired auction system in the world. From ...
- Tackling tea travails (Category: Business)
- Has the bubble burst? (Category: Business)
- Sector report (Category: Business)
- London: World’s first social media Olympics (Category: Business)
Following is the response from Dlimah Tea Director Malik J. Fernando to Willie Weerasekera’s article ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question published last Friday in Daily FT.The writer speaks sense when he says “the million-dollar question is therefore much more than ‘Ceylon Tea’ or ‘tea hub’ – It is: How do ...
- Hub is no hoodoo, says TEA (Category: Business)
- Debate on importation of lower cost tea (Category: Business)
- Storm in Sri Lanka’s teacup: A more pragmatic approach is key (Category: Business)
- Govt. pledges to protect ‘Pure Ceylon Tea’ (Category: Business)
Sri Lanka’s top policy administrator, Dr. P.B. Jayasundera, popularly known by the initials of his name PB, is reported to have proclaimed that Sri Lanka should stop altogether the importation of tea from abroad for blending purposes for it would tarnish the reputation which the country has earned for centuries as the best tea producer ...
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
- Ceylon Tea: To blend or not to blend? (Category: Business)
- Coca-Cola launches ‘Minute Maid Apple’ flavour (Category: Business)
- Hub is no hoodoo, says TEA (Category: Business)
The industry may be currently involved in infighting, but tea exports have made a welcome rebound in March after suffering sharp declines in the previous two months of the New Year. Overall exports grew by Rs. 1.1 billion or 7.4% to Rs. 16 billion in March aided by better performance by tea shipments in bulk ...
- Negative start for tea exports in 2012 (Category: Business)
- Trying time for tea (Category: Business)
- July tea exports higher versus June, down year-on-year (Category: Business)
- Tea thirsts for blitz (Category: Business)
News reports point to an important decision that the minister concerned has been requested to make on the above subject. If this is correct it is important that we recognise that it is more than a million dollar decision that has been called for. It is so important a decision because it could determine the ...
- Storms brewing in teacups (Category: Business)
- Storm in Sri Lanka’s teacup: A more pragmatic approach is key (Category: Business)
- SL must become a tea nation, but… (Category: Business)
The Planters’ Association of Ceylon (PA) yesterday reacting strongly to the statement made by the Tea Exporters Association (TEA), at which they have stated, inter alia, that the import of orthodox black tea would not impact adversely on Pure Ceylon Tea as a premium brand. The PA is in total disagreement. While the TEA, by ...
- Tackling tea travails (Category: Business)
- Export Focus (Category: Business)
- Beverage Benchmark (Category: Business)
- Marketing Edge (Category: Business)
A Japanese business delegation led by Chairman of the Japan-Sri Lanka Business Cooperation Committee and Senior Corporate Advisor to Itochu Corporation of Japan Kouhei Watanabe met Minister of Economic Development Basil Rajapaksa at the Ministry of Economic Development yesterday. Watanabe said the Japan Sri Lanka Business Cooperation Committee was working toward promoting investment and trade ...
- 'Reap benefits of fast growing Lankan economy' (Category: Breaking News)
- Japan-Sri Lanka investment and trade promotion (Category: Breaking News)
- Basil woos for more from Japanese investors in Sri Lanka (Category: Business)
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