A whopping 130 winners representing 27 export sectors of Sri Lanka will be felicitated at this Wednesday’s revived Presidential Export Awards spearheaded by the country’s apex exports facilitator EDB. The crowning achievement for Sri Lanka’s exporters, the Presidential Export Awards, have been revived by EDB and is now scheduled to take place Wednesday 16 December…
Emirates NBD has announced the launch of its 60 second DirectRemit service to Sri Lanka, in partnership with Hatton National Bank. DirectRemit allows customers to remit money home instantly online and with no remittance fees. The service will enable Emirates NBD customers to perform remittances to Hatton National Bank (HNB) accounts in Sri Lanka in…
FCCISL in Collaboration with the SAARC Trade Promotion Network in Kathmandu, Nepal successfully conducted the National Level Training of Trainers module on NTBs and NTMs environment in the SAARC Region. The programme was held on 7th to 10th December, Hotel Renuka , Colomobo 03. The ToT module was supported by the Deutsche Gesellschaft für Internationale…
Fitch Ratings sees the outlook on Sri Lanka’s insurance sector as stable even though the split of composite insurers into life and nonlife companies, which became mandatory effective February 2015, may create industry uncertainty. This is based on the view that most insurers will maintain stable financial fundamentals in 2016, supported by moderate sector growth,…
Colombo bourse started the weekly operations on a negative note with a lackluster trading session on Monday ahead of the potential government workforce strike relating to concerns on budget 2016. All share index shed 29.27 index points (-0.43%) to end at 6,803.08 while 20-scrip S&P SL index declined by 21.68 index points or 0.60% to…
The world market prices of oil is rapidly falling with a barrel of WTI crude recording a low of USD 35.62 and a barrel of Brent crude recording USD 37.93. This has been the lowest prices to be recorded since 2003. This is the first time since 2003 that the world market price of a…
* New brand in line with company’s product diversification strategy Ceylon Biscuits Limited (CBL) has added a new brand and product line to its portfolio, with the launch of Sera, a premium liquid coconut milk conveniently available in 180 ml UHT packs. The company has invested over Rs. 2 billion to set up the state…
The northern region of Sri Lanka will welcome once again for the 7th consecutive year, the Jaffna International Trade Fair (JITF 2016). Considered by the people in the north as the largest exhibition and consumer fair, the event takes place from the 29th – 31st of January 2016 in Jaffna. The Exhibition which has grown…
Placed among the country’s largest conglomerates and business stewards, Citizen’s Development Business Finance proudly donned the crown of being among the Top Ten Corporate Citizens of Sri Lanka for 2015, in addition to being adjudged Best Corporate Citizen 2015 in the Less than Rs 15 Bn Category. For a company that is just twenty years…
Ircon International Limited after the successful completion of the 265 km reconstructed rail network in the Northern Province of Sri Lanka, is looking to expand its footprint in Sri Lanka and assures the government of Sri Lanka of their continued support to uplift the transport sector and develop further the rail infrastructure of the country….
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