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Business

Advocata invites Entrepreneurs to relate their stories

2020-01-13 17:36:00

Advocata Institute an independent policy think tank based in Colombo, recently launched a study on removing barriers to micro and small entrepreneurs (MSEs) through regulatory and legislative reform...


Sri Lankan Hela Clothing wins Employer of the Year award in Ethiopia

2020-01-13 12:31:00

Hela Clothing, a global apparel manufacturer with factories across Kenya, Ethiopia and Sri Lanka, was recently awarded the ‘Most Inclusive Employer of the Year’ by the ECDD at the Inclusive Employers Forum...


CSE records the highest turnover after 11 years

2020-01-10 12:17:00

An Eminent Economist noted that there was a major transaction in John Keells...


Consumers approve FADNA Shape Up Tea for a healthy lifestyle

2020-01-08 11:50:00

Research on consumer insights show positive feedback for the 100% natural herbal tea brand...


The Finance Company called EOI from prospective strategic investors

2020-01-03 11:22:00

TFC called EOI from prospective strategic investors for Equity Investment in the firm...


Sri Lanka Business sentiment continues to improve

2020-01-02 15:12:00

The trade deficit contracted in October on the back of lower expenditure on imports and a marginal drop in export earnings...


Sri Lanka’s Silvermill links up with ADB to develop Indonesian coconut industry

2019-12-30 08:53:00

ADB’s facility will promote the development of a coconut agro-industry in Central Sulawesi, with the financing of a modern processing plant to manufacture value-added coconut products for export...


South Korean Bank acquires LOLC Sri Lanka’s Cambodian micro finance firm

2019-12-29 12:32:00

South Korea’s commercial lender KB Kookmin Bank said Thursday its board has agreed to acquire a 70 percent stake in Cambodia’s lender Prasac Microfinance Institution for $603.4 million from Sri Lanka-based nonbanking lender LOLC Holdings...


Finance and Leasing companies benefited from debt concessions similar to SMEs

2019-12-28 00:03:00

The debt concessions the new government provided for small and medium scale enterprises have also been provided for finance and leasing companies...


Sri Lanka Participates in India International Mega Trade Fair in Kolkata

2019-12-25 10:41:00

Sri Lanka promoted a range of value added items....


Business needs to do more for sustainable development

2019-12-20 12:22:00

The regional Conference on Financing Inclusive and Sustainable Development was inaugurated in Dhaka by the President of Bangladesh Md. Abdul Hamid last week...


Sri Lanka COSMI hails government banning spice re-exports

2019-12-16 22:40:00

Sri Lanka’s Confederation of Micro, Small and Medium Industries (COSMI) hailed the government’s December 5 decision to block the re-export of minor export crops...


Asia property award winner, ‘The One’ to become South Asia’s 6th tallest tower

2019-12-13 17:57:00

Asia property award winner, ‘The One’, a triad of towers being built at Transworks Square Colombo, is designed to become a landmark destination in Sri Lanka...


THE ONE - SRI LANKA wins Best Mixed Use Development (Asia) award

2019-12-13 10:42:00

The One Transworks Square (Pvt) Ltd. took its rightful place among the Asia’s finest real estate players as it scored a major win at the prestigious PropertyGuru Asia Property Awards 2019 held in Bangkok, Thailand...


Leading Businesses Pledge Support to Tackle Sri Lanka’s High Malnutrition

2019-12-11 16:43:00

Private sector is joining SUN and WFP in battling undernutrition, obesity and some of the country’s toughest nutrition issues..


Prima Sales Automation Wave marks new era in sales technology

2019-12-11 10:48:00

SFA technology is now evolving in the competitive business environment where everything is being done via self –service in an ideal state for trading strategy...


Tesco to sell its businesses to Thailand and Malaysia!

2019-12-10 15:59:00

TESCO, one of the largest supermarket chains in the United Kingdom, announced yesterday that it is looking to sell its businesses to Thailand and Malaysia...


Printers go green with innovation knowledge and sustainability

2019-12-04 15:18:00

Sri Lanka’s printing sector is now not only aiming to become the print hub of Asia but it also poised to launch a three pronged strategy to achieve the status of the Lankan printer’s version of ‘Green Valley’ promoting sustainability...


Five DSI Showrooms Opened Across the Country

2019-12-01 17:13:00

D. Samson & Sons (Pvt) Ltd celebrated the opening of five new showrooms over the course of the recent months...


South Asia’s opportunity to become economically independent - by Dinesh Weerakkody

2019-12-01 14:43:00

Even in today’s glum economic climate, the average American is seven times as prosperous as the average Mexican, about 20 times as prosperous as the average person of sub-Saharan Africa and about 40 times as prosperous as the average citizen of an African country like Mali, Ethiopia or Sierra Leone...


Advocata welcomes new selection committee for SOEs

2019-12-01 12:56:00

The country has an excessive 527 enterprises, a list that covers a convoluted web of subsidiaries and sub-subsidiaries...


OPPO Holds Launch for All-New ColorOS 7 Outside of China for the First Time

2019-11-29 12:46:00

OPPO held the launch for its all-new ColorOS 7 in New Delhi, India, the first time it has launched the custom Android-based operating system (OS) outside of China...


Sri Lanka gets first bamboo–to-timber board production line with UNIDO backing

2019-11-27 15:35:00

UNIDO, with the public sector, has granted hi-tech machinery for the production of bamboo boards from within Sri Lanka for the first time...


MAS Holdings expands its apparel wings to Kenya

2019-11-27 14:56:00

MAS Holdings Singapore recently confirmed it will start operations in Athi River in Kenya’s Machakos County early next year...


11th Jaffna International Trade Fair to take place in January 2020!

2019-11-22 15:17:00

The Jaffna International Trade Fair, the multi-faceted gateway to the north, will bring together some of Sri Lanka’s favorite brands and services...


Fashion Bug rewards Sri Lanka’s budding artists at Roo Siththam 2019

2019-11-21 12:00:00

Conducted by Sri Lanka’s Leading fashion retail brand, Fashion Bug, Roo Siththam recognizes the talents of child artists from all across the island...


SLIM Forum – Unknown stories of Known people enlighten the PCM Students

2019-11-21 11:00:00

The forum for the SLIM Preliminary Certificate in Marketing (PCM) 2019 – 4th intake, was recently held on a grand scale at the Sri Lanka Institute of Tourism & Hotel Management...


Shemara Wikramanayake, Australia’s highest paid CEO!

2019-11-20 18:27:00

How a young girl forced to flee Sri Lanka with her family and just $200 to their name overcame adversity to become Australia’s highest paid CEO...


Toyota Lanka Goes Digital with Toyota Sure and improved Service App

2019-11-13 11:34:00

Toyota Lanka (Pvt) Ltd recently launched a comprehensive website for Toyota Sure certified vehicles which are approved by Toyota Motor Corporation and exported to Sri Lanka...


IMF approves US$164 million 7th tranche of EFF for Sri Lanka

2019-11-02 18:16:00

The International Monetary Fund (IMF) yesterday (01) completed the Sixth Review of Sri Lanka’s economic performance under the program supported by an extended arrangement under the Extended Fund Facility (EFF)...