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Sri Lanka’s manufacturing recovers amidst decline in services

2019-06-17 09:07:00

Sri Lanka’s manufacturing activities recovered considerably in May 2019 which is an increase compared to April...


Police take over Iconic Salu Sala site on president’s orders

2019-06-16 14:30:00

President Miathripala Sirisena has directed the Industries and Commerce Ministry Secretary to release the company’s Jawatta branch land belonging to it to the Police Department and ordered its closure as it has become a white elephant to the government...


Prizes from DLB to the Super Winner of Lagna Wasana and 38 millionaires

2019-06-16 10:59:00

Another event for awarding prizes by Development Lotteries Board (DLB), the fortune maker of the people, was held at the auditorium on 1 June...


SMEs get national credit guarantee for prosperity and sustenance

2019-06-15 15:45:00

Sri Lanka for small and medium scale entrepreneurs exceeding one million will be getting more financial and credit facilities as well as non-financial support from the treasury to contribute their share towards economic prosperity of the island nation affected by Easter terror...


ADB provides US$50 for the strengthening of Sri Lanka’s entrepreneurs

2019-06-15 11:47:00

The Asian Development Bank inked an agreement with the finance ministry to provide a loan facility amounting to US$ 50 million to Regional Development Bank (RDB) for the strengthening of its operational capacity to assist Sri Lankan entrepreneurs...


Sri Lanka pioneers bamboo crafts training with UNIDO

2019-06-14 21:13:00

After the successful and pioneering training for Sri Lanka’s bamboo craftsmen in early 2019, the second phase of the program will take-off in Colombo on Saturday 15 June...


Stax Inc. Insights-as-a-service helping businesses improve decision-making

2019-06-14 14:01:00

Stax Inc., Sri Lanka’s leading management consulting firm, helps both local and international clients to make better sense of their internal data with its Insights-as-a-service (IAAS), resulting in greater profitability, growth and employee engagement...


21/4 We Care’ charity concert to support Children of Easter Sunday attacks

2019-06-13 15:21:00

The International Chamber of Commerce (ICC) of Sri Lanka has jointly facilitated a charity concert in aid of scholarships for more than 20 orphans and as a tribute to the victims from the Easter Sunday attacks..


HSBC facilitates overseas education of Lankan Students

2019-06-13 06:15:00

HSBC is implementing the bank’s International Student Proposition (ISP) designed to meet the international banking needs of children who are ready to further their higher education overseas...


ERP system to take Lanka Sathosa out of woods

2019-06-13 00:11:00

Lanka Sathosa Limited (LSL) state owned retail store network consisting of 403 outlets currently running at a loss under commerce ministry is set to be revamped with the introduction of sophisticated system, Finance Ministry report revealed...


SMEs get national credit guarantee for sustenance

2019-06-10 10:59:00

Sri Lanka for small and medium scale entrepreneurs exceeding one million will be getting more financial and credit facilities as well as non-financial support from the treasury to contribute their share towards economic prosperity of the island nation affected by Easter terror...


Were you one of those 300,000 students who pursued the goal with the help of Mahapola scholarship?

2019-06-07 04:58:48

Are you aware of the financial provider, who makes every effort to lend hand to the students of the country extending Mahapola Scholarship, which once brought you under its shelter? ..


An Evening of Star Studded Sales Awards by Lanka Hospitals Diagnostics

2019-06-06 14:47:18

It was a remarkable evening of sheer brilliance as 44 of the best performing Centre Staff and Sales Development Associates clinched their awards in titles of Gold, Silver and Bronze at the ‘Sales Star Awards’ hosted by Lanka Hospitals Diagnostics..


Germany provides assistance for Sri Lanka SME ventures

2019-06-06 14:24:20

The Sri Lankan-German SME Development Programme aims to support a cohesive policy framework enabling SMEs to grow in an eco-friendly manner through a wide range of technical assistance, innovation and improved access to finance, German Embassy source..


Foreign Funding records a new high for PIP before Easter Terror  

2019-06-05 14:52:51

Foreign Financing Commitments in 2018 reached to US$ 4.7 billion to finance the public investments detailed in the Public Investment Program (PIP), achieve Medium Term Fiscal Framework of the Government and the envisaged public debt management target..


Peugeot’s 3008 becomes the most popular European new SUV in Sri Lanka

2019-06-05 05:41:42

Solely marketed and distributed in Sri Lanka by Carmart (Pvt) Ltd, world-renowned European vehicle brand Peugeot recorded an exceptional year in 2018 in terms of its vehicle sales. ..


SLIM expands marketing education all across the Island

2019-06-04 10:15:29

The national body for Marketing in Sri Lanka, the Sri Lanka Institute of Marketing (SLIM) has partnered with several provincial educational institutes in a bid to extend Marketing Education to all regions of the country. The tremendous growth and dem..


Buildex Maldives – Construction & Building Material Products Exhibition in Malé

2019-06-04 05:25:36

The Maldives National Association of Construction Industry (MNACI) along with Maldives Exhibition & Conference Services Pvt Ltd are proud to present Buildex Maldives 2019, to be held on the 22nd, 23rd & 24th of August 2019 in Malé, Maldives...


OPPO revamps brand identity; Gears up to strengthen position in the premium segment with Reno series launch in Sri Lanka

2019-06-03 08:46:19

Reiterating its commitment to consumer-centric approach, OPPO, the leading global smartphone brand, has introduced its new brand identity that focuses on quality, craftsmanship and uniqueness in every detail. OPPO, a pioneer in smartphone innovations..


Lending institutions approved by Commerce ministry face credit risks    

2019-06-02 14:19:47

Majority of Sri Lanka’s rural finance and lending institutions approved by the Department of Commerce under the Ministry of Industry and Commerce are facing a risk to their credit profiles and deposit base due to mismanagement and lack of proper su..


Financial aid given for inventors goes down the drain

2019-06-02 05:25:14

When Sri Lanka marches forward from the middle income status, it is the responsibility of the government to provide all required facilities and the necessary encouragement for the new inventors to help them in the creation of their inventions and inn..


Nelna group targets to produce 10 million mangoes    

2019-06-01 15:13:17

After 20 years in business, Nelna group of companies is targeting to achieve an annual production of 10 million fruits by the year 2022 becoming the leading supplier of best quality mangoes in the Sri Lankan market. ..


Prima KottuMee to spice up the cricket season

2019-05-31 06:58:24

Prima KottuMee launches the ‘Hot N Spicy Kricket’ promotion once again for the sixth consecutive year, extending it to not one, but two whole months. Beginning on the 1st of June and ending on the 31st of July, the promotion brings with it the ch..


Restructuring the tertiary and vocational education sector in Sri Lanka

2019-05-30 11:44:01

The National Human Resources Development Council of Sri Lanka (NHRDC) recently held a key forum dealing with the restructuring of the tertiary and vocational education sector. ..


Sri Lanka stocks gain, rupee steady on hope of rate cut

2019-05-30 04:47:34

Sri Lankan shares rose on Wednesday (29) while the rupee closed steady on hope of a rate cut by the central bank later this week, market sources said.  ..


Sri Lanka aquaculture industrial park initiative runs into deep waters  

2019-05-29 14:34:30

Sri Lanka’s much hyped offshore fish farming initiative by promoting the establishment of fish farms is now in deep waters due to land clearance issues and high cost of production. ..


‘Diva Idame Vasanawa’ rejoices in making dreams come true for the eighth consecutive year

2019-05-29 08:26:59

Diva’s ‘Idame Vasanawa’ competition, organised for eight consecutive years has once again presented the ultimate dream to three lucky winners of owning their own home. ..


SLIM signs MOU with Dreamron Lanka Pvt Ltd for Certificate in Professional Sales Management

2019-05-29 06:40:01

The Sri Lanka Institute of Marketing, SLIM is engaged in training a part of the Dreamron Lanka Pvt Ltd sales staff for the Certificate in Professional Sales Management (CPSM). The program which began on March 28, 2019, has been initiated to provide t..


Transit Smart Card Project gravitates from pillars to posts

2019-05-28 10:16:22

Sri Lanka’s ambitious Transit Smart Card Project designed for the benefit commuters daily traveling in buses or trains has been delayed for over three and half years without any headway, official sources said.  ..


India and Japan strike a tripartite deal on East Container Terminal

2019-05-27 10:21:25

India and Japan have finalized an important tripartite agreement with Sri Lanka to joint..