EDB establishes strategy to boost local rubber exports

Sri Lanka Export Development Board (EDB) having collaborated with Asian Development Bank carried out a study to identify issues being encountered by companies in their value chains pertaining to few identified sectors in Sri Lanka such as Rubber, Fruits and Vegetables with the objective of assisting them to address some of the major issues hindering exports.

Can private standards restore credibility to the palm oil industry?

Palm oil has gained notoriety for its links to tropical deforestation, biodiversity loss, greenhouse gas emissions, disturbance of carbon-rich peat land, exploitation of workers and land grabs.

Central Bank unveils Road Map 2018

The Central Bank of Sri Lanka yesterday launched its ‘Road Map 2018: The Monetary and Financial Sector Policies for 2018 and Beyond’ in the presence of the cream of the country’s banking and finance sector, top public officials, members of diplomatic missions and international organisations   

SriLankan Airlines: Turnaround or crash land ?

A lead article on SriLankan Airlines (‘A pawn in the political chess game’ Daily Mirror, November 10, 2016) concluded a year ago that “All governments that have ruled the country so far, should admit that the state-owned enterprises (SOEs) are making and have become an unbearable burden on the country’s economy due to their stupid and rash actions.”

David Pieris Racing to host Sri Lanka’s first international Go-karting event

David Pieris Motor Company Ltd (DPMC) has come out with an innovative idea to offer discerning motorsport enthusiasts, both local and foreign, the chance to witness and partake in an event that would otherwise be difficult for most to attend, as it takes place in other countries.Extending its arms into the leisure/tourism 

Crown Royal Security Services Wins Excellence Merit Award at the Social Dialogue & Workplace Coopera

Crown Royal Security Services (Private) Limited, a member of the Crown Royal Holdings (Pvt) Ltd, recently received a merit award in the large scale of the service sector category at the Social Dialogue & Workplace Cooperation Awards 2017 organized by the Ministry of Labour, Trade Union Relations and Sabaragamuwa Development held at BMICH on 14th December, 2017

For a vibrant plantation industry in 2018

With the dawn of the New Year, plantations industry and especially the sector managed by the RPCs (Regional Plantations Companies) is going to be a continuous and fitting challenge to the government. The objective of this article is to analyze the current scenario affecting the industry and suggest few proposals (both long and short term) that will be of some use. We have also furnished some key performance indicators to measure 

Eranda Aberathna of Halpé Tea wins top entrepreneur award

Starting a business is always a daunting task for any entrepreneur. For Eranda Aberathna, Managing Director U.H.E. Exports (Pvt) Ltd, success comes from the courage to dream big.

Finlays Newburgh green tea factory wins award for best factory

Newburgh Green Teas (PVT) Ltd   went on to win the award  as  the  Best Green Tea factory in Sri Lanka at   the  National  Tea  Awards  ceremony  organized by the  Sri Lanka  Tea Board  on  8th December 2017 at the Nelum Pokuna  auditorium recently.  

South Asia’s largest construction equipment exhibition EXCON 2017 held in Bangalore

“We are poised to enter a new era in the manufacturing glory with a great value offering the best quality and after sales care,” said Large and Medium Industries and Infrastructure Development Minister R.V. Deshpande, at the inauguration of EXCON 2017, South Asia’s largest construction equipment exhibition held in Bangalore, India from December 12th to 16th.

Supreme Lands excels at Shramabhimanee Awards

Supreme Lands recently won the National Sramabhimanee Award at a ceremony held at the BMICH. This award was presented for the great service of helping people to find lands at affordable prices. 

AAT Sri Lanka receives IFAC full membership

At the 40th Annual Council meeting of the International Federation of Accountants (IFAC), held from November 14 to 16, 2017, in Brussels, Belgium, the Association of Accounting Technicians of Sri Lanka (AAT Sri Lanka) was admitted as a full member of the federation. 

CA Sri Lanka hosts first-ever research conference and journal

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) held its first-ever research conference recently, where corporate governance, sustainability assurance and forensic accounting, which are deemed extremely relevant and important to the accounting profession in the current context, were discussed and deliberated at length.

ICCL-CA Sri Lanka to promote accounting career choice

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently joined hands with the International Chamber of Commerce Sri Lanka (ICCSL) to jointly promote accounting as the preferred career choice among the students’ population and business community in the country.

Southernn Star Home Improvements provides stylish dengue protection alternative

Southernn Star Home Improvements based on Nawala Road, Rajagiriya, has introduced revolutionary mosquito screening systems which can be installed and used in the comfort of one’s home, repelling all potential outlets for the dengue menace to penetrate.

Serenia to launch private beachfront residences and 5-star boutique hotel

Serenia Ltd, with a vision of being an ultra-premium beachfront resort living, mixed development company has partnered a-designstudio to bring its distinctive design elements to the iconic 47-apartment beachfront residential development and 10-roomed five-star boutique hotel - Serenia Residences Talpe Galle, with sales due to commence shortly.

Alumex as strategic partner to Architect 2018 for 9th consecutive year

Helping to build a sustainable future that is based on values of creativity and innovation, Sri Lanka’s foremost Aluminum Extrusion Manufacturer, Alumex PLC, announced its continuing role as strategic partner to the country’s largest construction and architecture exhibition, Architect 2018 for the ninth consecutive year.

Oceanfront Condos hand over keys to owners

Oceanfront Condos, Sri Lanka’s very first beach-front, serviced, luxury, leisure apartments located in Nilaveli, officially handed over the keys to its owners recently. The project concluded its phase one successfully with the second phase now underway to be ready for occupancy and renting by March 2018.

Tea industry overview – January to September 2017

The third quarter of the Sri Lankan tea industry witnessed a continuation of the upward momentum with increased demand being observed from some of the major importers of Ceylon tea especially from Turkey and Russia.

Malin Goonetileke conferred with Lifetime Achievement at National Tea Awards

In commemoration of 150 years of excellence of Ceylon Tea, the Plantation Industries Ministry and Sri Lanka Tea Board hosted the National Tea Awards, at which Planters’ Association Secretary General Malin Goonetileke was honoured with the prestigious Lifetime Achievement Award. 

Hayleys Agri wins two Golds at National Business Excellence Awards 2017

Hayley’s Agriculture Holdings, the agribusiness division of Hayleys PLC, won sweeping recognition for its innovative agri-business practices in Sri Lanka, winning two Gold awards at the recently concluded National Business Excellence Awards (NBEA) 2017.

Education spending needs to increase: NHRDC Chair

National Human Resource Development Council (NHRDC) and International Chamber of Commerce Sri Lanka Chairman Dinesh Weerakkody participating in the 

Learnwell donates 1000 science books for Sri Lankan students

MBD, one of India’s largest education companies and the most prolific book publisher in the country, has donated one thousand copies of Learnwell Science books for Sri Lankan students.

India’s university affiliated college system – An alternate model for Sri Lanka?

Today, there is a lot of frustration among the youth due to many students passing the GCE A/L exam and become eligible to enter universities but are unable to gain admission to universities due to the limited number of places in universities. Out of the approximately 150,000 eligible A/L students, 25,000 will enter universities. There will be another 125,000 left behind. This would mean, out of those pass, only 17 percent enter universities, whil

Airtel partners Ideamart facilitating customer access to 7,000 developers

Airtel is now connected to Ideamart application development platform enabling customers to experience a variety of content available on the platform. 

Socioeconomic challenges in present era of technology and innovation

Following is a summary of the keynote address delivered at the first Student Research Symposium of the Faculty of Humanities and Social Sciences, Open University of Sri Lanka

SLIA signs MoUs with key sponsors for Annual Sessions 2018

The signing ceremony of the Memorandum of Understanding with Sri Lanka Institute of Architects (SLIA) and its sponsors for the sessions 2018/2019 was recently held at Hotel Galadari.

Luxury, a way of life at 333 Pinnacle

Seven glorious penthouses with floor-to-ceiling, panoramic ocean views is only the beginning. Throw in a 80-foot infinity pool, a fully-equipped gymnasium, stylish lounging areas and a rooftop clubhouse.

Sanken Group completes one year of Capitol TwinPeaks

Sanken Construction is going full steam ahead with the construction of the iconic Capitol TwinPeaks and in fact is well ahead of schedule.

Prime Heritage Galle; new addition to Dickson Road’s proud legacy

Officially the capital of the Southern Province, Galle, a city in the South where the east met west, was renowned world-over as a jewel of this paradise island’s fortune. An astonishing landmark from the days of the Arab merchants to the colonial masters of the Dutch and the British.