Ten books to check out at Big Bad Wolf

Reading calls for exciting times, especially when you know that the World’s Biggest Book Sale is back to Colombo, Sri Lanka for the third consecutive year and it’s just around the corner. Change is inevitable and this means that new things are foreseeable. This ideal is synonymous with the Big Bad Wolf Book Sale, which […]

Sri Lanka Retailer’s Association joins Asia counterpart

Sidath Kodikara President of Sri Lanka Retailers’ Association (SLRA) and Murali Prakash, Vice president of SLRA attended the 19th Asia-Pacific Retailers Convention and Exhibition (APRCE), which is held in September 2019, at Chongqing Yuelai International Convention Center, Chongqing, China. The theme of this year APRCE was ‘New Retail, New Consumption, New Dynamics – Cooperation and […]

AmCham Sri Lanka launches “Meet the Candidate” series

The American Chamber of Commerce in Sri Lanka announced the ‘Meet the Candidate’ series, at which the main Presidential Candidates will be hosted at a forum designed to discuss and express their proposed policies. The first in this series will take place this Friday, October 11 at the Hilton Colombo, with Sajith Premadasa, Presidential Candidate, […]

EU provides Euro 40Mn to strengthening transformation, reconciliation

Oct 10, 2019 (LBO) – The European Union (EU) is providing 40 million euros to Sri Lanka to co-finance the “Strengthening Transformation, Reconciliation and Inclusive Democratic Engagement” (STRIDE) project. Dr. R.H.S. Samaratunga, secretary to the Treasury at the Ministry of Finance, signed the financing agreement with Tung-Lai Margue, ambassador of the Delegation of the European […]

Sampath Bank ranks among Sri Lanka’s 10 Most Admired Companies

Standing testimony to its superlative service to the nation, Sampath Bank was placed among Sri Lanka’s 10 Most Admired Companies at the ‘Most Admired Companies of Sri Lanka 2019’ held at BMICH recently. Marking yet another historic milestone, Sampath Bank won this prestigious award for the second consecutive year. The event was organised by the […]

John Keells Holdings ranked as Sri Lanka’s Most Respected Entity for 14th year

John Keells Holdings PLC (JKH) was ranked as the Most Respected entity in Sri Lanka for a record 14th year, in the recently released edition of LMD’s Most Respected entities issue. In terms of the 10 attribute rankings, JKH has taken the lead in seven categories, namely financial performance, management profile, honesty, dynamism, corporate culture, […]

Esala Weerakoon approved as next secretary-general SAARC

Oct 07, 2019 (LBO) – The informal meeting of the council of ministers of the South Asian Association for Regional Cooperation (SAARC) held in New York last week has approved the nomination of former Foreign Secretary and senior career diplomat Esala Weerakoon, to be the 14th Secretary General of the association. The office will come […]

UK announces a further £10m of funding for stability projects

Minister of State for the Commonwealth, UN and South Asia and Prime Minister’s Special Representative on Preventing Sexual Violence in Conflict, Lord (Tariq) Ahmad of Wimbledon visited Sri Lanka on 1-2 October. At the same time, the UK announced over £10m of new funding to support long-term stability in Sri Lanka. The UK support will […]

Sampath Bank among the top 10 Most Respected Entities in Sri Lanka

Sampath Bank, the growing force in Sri Lanka’s financial services recently appeared in the 15th annual edition of the Most Respected – a survey and publication commissioned and conceptualized by LMD and conducted by Nielsen. Sampath Bank was named to be among the top 10 most respected entities in Sri Lanka, making it to the […]

Access Engineering buys warehouse -logistics firm for Rs.925Mn

Oct 03, 2019 (LBO) – Access Engineering PLC has bought 100 percent stake of WUS Logistics Ltd. The shares were bought at for 925 million rupees, the company said in a stock exchange filing. “W.U.S. Logistics owns a land of 41.5 acres in Kimbulapitiya to be used for warehousing purposes,” it added.

Sri Lanka tea prices down in first nine months of 2019

Oct 03, 2019 (LBO) – All elevations show a negative variance January-September 2019 compared with January-September 2018 and high growns show the largest deficit of Rs. 63.37 YOY, a report shows. National average for the month of September 2019 totalled Rs. 511.31 compared with Rs. 506.86 of August 2019 showing a marginal increase of Rs. 04.42 month […]

Future of modern workplace – powered by AI, driven by people

The first plenary session at the ‘Future of Business’ innovation strategy and learning event organized by The Ceylon Chamber of Commerce will be on the future of the modern workplace – powered by AI, driven by people. This session will tackle how organizations can make critical decisions with data and act on, or implement these […]

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