Reuters – Sri Lankan shares ended lower for the ninth straight session on Thursday as comments from a minister earlier this week on the imposition of capital gains tax on equities continued to dampen sentiment. Sri Lanka will impose a capital gains tax on profits from equities, a senior government minister said late on Monday,…
KAHN Group has formed a partnership with Millennium Automotive Group in an agreement that sees Millennium appointed as the sole Kahn distributor for Sri Lanka. Trading as Kahn Design Sri Lanka (Millennium Motors) this appointment will allow the full range of Chelsea Truck Company, Project Kahn and Kahn Design products to be offered from Millennium’s…
A seminar to create awareness among Sri Lankan fruit and vegetable exporters of the opportunities available in the EU market will be held on the 07th July, 2016 at the Export Development Board. The event, which is organized by the Lanka Fruit and Vegetable Processors and Exporters Association, an affiliated trade body of the Ceylon…
Internationally acclaimed strategy guru, Dr. Sunil Erevelles will be in Colombo next month to take part in the region’s biggest ever Strategy Summit organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). During the two day summit, scheduled to be held on 26th and 27th July 2016, Dr. Erevelles, will walk…
All existing clients of Entrust Capital Markets (Pvt) Limited have been requested by the Colombo Stock Exchange (CSE) to transfer their securities/portfolios held with Central Depository Systems (Pvt) Limited (CDS) to another stockbroker firm or custodian bank of their choice. On inquiry, a CSE spokesman told Ada Derana Biz that Entrust Capital Markets had not…
Colombo School of Business and Management (CSBM) is the only Business School in Sri Lanka governed by a combined structure of both visionary corporate leaders and respected senior academics to promote a novelty in the higher education, professional and executive education, career development while providing a platform for workforce training and research by filling gaps…
Experts have advised that the Light Rail Transit or the commonly called LRT transport network is the most suitable to cater to the future transport needs within the metropolis under the planned Megapolis and Western Development Project. A proposal presented by Minister of Megapolis and Western Development, Patali Champika Ranawaka gained Cabinet nod to obtain…
A new level of convenience and sophistication has been introduced to keeping track of containerised cargo by Colombo International Container Terminals (CICT) with the launch of a mobile app for the purpose. A first for Sri Lanka’s port industry, CICT’s ‘eZPort’ app for smartphone users can be downloaded free from the App Store or Android…
At a recently concluded Awards ceremony in Singapore, Hayleys Puritas Sath Diyawara (and its associated ‘Going Beyond’ Initiative) was awarded the prestigious Asia Responsible Entrepreneurship Award 2016(AREA), in the Health Promotion and Social Empowerment categories. As the most prestigious recognition for enterprises in the region, AREA recognizes and honours the best and most deserving Asian…
• Hire 1 named Winner, and Impact Entrepreneurship Award recipient • Quebee Den and Direct2Door adjudged Runner-up and Second Runner-up, respectively The 2016 edition of Venture Engine drew to a close recently, with a gala awards night at the Kingsbury Hotel. Marking the fifth anniversary of a programme that has become widely known for empowering…
Video Story
