Lankan economy should become globally competitive and integrated: NCC Chief

Following is the speech made by National Chamber of Commerce Sri Lanka President Sujeeve Samaraweera, at the 59th Annual General Meeting (AGM) in Colombo recently.

MullenLowe attributes 2017 success to pure growth

MullenLowe Sri Lanka, the fully owned operation of the multi billion dollar New York based Inter Public Group (IPG), completed 2017 on a record high.

TBWA\Sri Lanka takes on 2018 focusing on brand and business building

Best known for their ‘disruptive’ approaches to brand building, TBWA\Sri Lanka has been a steadfast agency in Sri Lanka’s advertising industry over the past few decades.

Is the world worried about China’s reawakening?

The Pathfinder Foundation in collaboration with the National University of Singapore organised a one-day joint symposium on “The Belt and Road Initiative: the Politics, Potentials & Partnerships” in Singapore Orchard Hotel yesterday (29th).  Here are the introductory remarks by Bernard Goonetilleke, Chairman, Pathfinder Foundation.

A new year, a new chapter for Leo Burnett Sri Lanka

Sri Lanka’s iconic agency, Leo Burnett, is delighted to announce that the agency has embarked on a new chapter in its history with the start of the new year, led by Arosha Perera as its new CEO along with the new management team.

Tata Group awards India Communications Mandate to Adfactors PR

Mumbai-based salt-to-software conglomerate, the US$100 billion Tata Group, has awarded the mandate to manage its public relations and communications requirements across India to Adfactors PR, India’s largest public relations firm.

SLID ‘Managing Difficult Conversations on Board’ Master Course on Feb. 8

The Sri Lanka Institute of Directors (SLID) in its efforts to contribute to the professional advancement of directors and in promoting practices that are beneficial to directors and their organisations is conducting a Master Course on ‘Managing Difficult Conversations on the Board’ targeting directors and potential board members.  This is a highly interactive course that focuses on building interpersonal dispute resolution skills

Individual commitment to group effort – that’s what makes a project team click

By definition, projects have a limited life: they all have a deadline, even long-term ones. Managing any project can be tricky. Your job as the leader is to ensure each moving part is working towards a common goal and diminish, if not completely eliminate the unnecessary processes that merely waste resources.

MTI Corporate Finance releases 2018 Business Outlook

For the seventh consecutive year, MTI Consulting (via its Corporate Finance practice) in partnership with Daily FT, Daily Mirror and Sunday Times, has concluded the MTI Business Outlook Study, collectively outlining the Sri Lankan business community’s perception for the state of business in 2018. 

Rupee depreciation, policy inconsistency biggest challenges: Tokyo Cement MD

This is the 15th of the Mirror Business-Colombo Stock Exchange (CSE) interview series, featuring top executives of the S&P SL20 companies. Here Tokyo Cement (Lanka) PLC Managing Director S.R. Gnanam talks about Tokyo Cement’s performance, future plans and industry growth prospects.

US $ 800mn by agents? Subject minister misled by so-called agency monopolists

Once again, the so-called association has lied to the ports and shipping minister. Let us break down the below three points mentioned by the so-called kingpins of shipping from two leading companies in the industry.

Liberalisation – A clean and clear approach

The budget 2018 presented a breadth of fresh air and a glimmer of hope for Sri Lanka’s weary economy and public, with some strong steps towards liberalisation under a blue-green banner. Much of the initiatives that were suggested to boost entrepreneurship, agriculture, trade and investment will pave the way for heightened interest from both local and foreign stakeholders and what we now require is a consistent and sustainable policy in the

Sri Lanka-Singapore FTA: Gateway to integrate with advanced economies

The development policy of the government aims primarily at maximizing the economic benefits through integration into the global economy, attracting foreign direct investments (FDIs) in strategic sectors and improving export competitiveness. It is widely understood from the beginning that this requires policy, legal and institutional reforms in line with today’s global trends. One of the pillars of this strategy is establishing effective par

Asia Pacific office property markets to stay strong in 2018

The Financial: Asia Pacific’s office property markets are expected to stay strong in 2018, driven by healthy levels in office occupancy and rent growth as new supply peaks during the year, according to Cushman and Wakefield’s 2018 Asia Pacific Forecast.

Lavanka Property Developers wins Shramabhimanee Business Excellence Award

Lavanka Property Developers won the Shramabhimanee Business Excellence Award 2017 at the recently concluded ceremony held at the BMICH. This award ceremony is organised once a year to reward business and social community who serve the betterment of 

Speed Land expands Speed City concept to Kurunegala

Speed Land (Pvt.) Ltd, a leading company in the real estate sector in Sri Lanka, launched its three latest housing development projects under the ‘Speed City’ concept at Kurunegala recently.

EliSh to begin development of second flagship project

EliSh Development (Pvt.) Ltd of The Flemington fame is all set to begin construction on its next flagship project, The Flemington 103 Campbell, a condominium complex built to the highest international specifications, with an emphasis on 21st century urban family life.

Lamudi back with 4th real estate expo this year

Sri Lanka’s leading online property portal, Lamudi.lk is to host its 4th real estate exhibition on the 9th and 10th of March this year at the Taj Samudra Hotel, starting from 10 a.m. onwards. 

Megapolis Ministry calls applications for National Skyline Awards

The inaugural National Skyline Awards will be held on March 6 and online entries will close on February 12, announced the Ministry of Megapolis & Western Development.  

Nivasie’s largest housing project in Malabe to be completed by March

The third and final phase of Orchid project will be completed and ready to be occupied by March this year, making it the largest community with a mix of houses and apartments in Malabe to-date.  The final phase features a 160-unit 12 storied apartment which was recently also recognized as the project of the month by LankaPropertyWeb.com.

Access Engineering completes and commissions three flyovers

Access Engineering PLC, the pioneers in the flyover construction in Sri Lanka successfully completed the construction of three flyovers to lessen the heavy traffic congestion in the areas of Rajagiriya,  Ganemulla and  Polgahawela.

Lanka Rubber Global Consortium inaugurated

The rubber product sector has been identified as a trust industry, which has a potential to contribute markedly to the export revenue and establish a reputation for quality and reliability. Sri Lanka produces a wide variety of value-added rubber products from both latex and dry rubber such as solid tyres, latex gloves, rubber bands, extrusions, beadings, mats, miscellaneous sports goods, etc. by processing raw rubber for export.

Talawakelle Tea Estates honoured again at Presidential Environmental Awards

Hayleys PLC-owned Talawakelle Tea Estates PLC (TTEL) continued its winning streak at the prestigious Presidential Environmental Awards, after the plantation company won four awards for its continued contribution towards promoting green practices and environmental sustainability. 

Second tea sale of 2018 offers 6.1mkgs

The second sale of the year concluded yesterday had on offer a total of 6.1 million kilogrammes (mkgs). Improved demand was seen particularly for the high and mid grown small leaf teas.

Top prices for Ragalla, Alma Estate teas

At this week’s tea auction held on January 10, 2018, an invoice of BOPF from Ragalla Estate, Halgranoya secures a top price of Rs.710 per kilogramme in the Uda Pussellawa category.

Sri Lanka tea market review 2017 and outlook 2018

World supply continues to rise with the International Tea Committee estimating the 2016 global production to be 5.462 billion kilogrammes (bnkg) compared with 5.281 billion the year before. The year-on-year (YoY) increase of around 3 percent is significant when one considers that 2016 was an El-Nino year. 

UltraTech Cement presents key research findings at international conference

Demonstrating its commitment to the nation’s engineering and construction field, UltraTech Cement Pvt. Ltd, actively participated at the recently-concluded ‘8th International Conference on Structural Engineering and Construction Management 2017’ held in Kandy. 

Singapore property seen on path to recovery after prolonged slump

RETUERS: Singapore’s housing market is expected to build on its recovery over 2018, analysts say, as private home prices marked their first annual rise in four years.

Henamulla urban regeneration project phase II nearing completion

The design and construction work of the urban regeneration project at Henamulla – Phase II undertaken by Access Engineering PLC is now nearing completion. 

JAT completes accolade-filled year 2017

JAT Holdings (Pvt) Ltd, successfully concluded an accolade filled 2017 including Managing Director Aelian Gunawardene wining the Platinum Award at the 22nd Sri Lankan Entrepreneur of the Year 2017.