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Tea export volumes rise by 17% upto March

Sri Lankan Tea export values have grown by 17% earning US$ 349.2 million against US$ 313.1 million earned in the first quarter of 2016.This week's Asia Siyaka Weekly tea...
Lotus Tower set to open by year end

Sri Lanka’s latest contribution to the Colombo sky line, the Lotus Tower is said to be completed in October 2017 and will be opened by the end of the year. The tower...
Sri Lanka to host PATA Conference in Negombo: Delegates from 34 member countries here in May

The Pacific Asia Travel Association (PATA) Annual Summit 2017 will be held in Sri Lanka from May 18 to 21, 2017.The event is to be hosted by the Sri Lanka Tourism...
Arpico Insurance posts Rs. 745 mn GWP

Arpico Insurance has recorded a Gross Written Premium (GWP) of Rs.745 million for the year ended March 31, 2017.The GWP of the company has increased 55% in the period...

New investment proposals at Ease of Doing Business Forum

The 12th session of the Ease of Doing Business Forum was held yesterday by the Finance Ministry at the MILODA Academy of Financial Studies.Fifteen queries were forwarded by several private...
BPPL Holdings debuts in CSE, confident of future

BPPL Holdings of the Beira Group said they were pleased with their current achievement and hoped that they would be able to repay the confidence placed on them by the investment community.BPPL...
Clickonx.com launches Lanka's first IT online store

Clickonx.com the latest addition to the Sri Lankan online market launched an IT online store,the first Sri Lankan online store that features a bidding and warranty system. It was said that this...
Oracle geard to cater to cloud adoption applications

Oracle Corporation has recorded a total GAAP (Generally accepted accounting principles) revenue of US $ 38.2 billion for the Financial Year 2015. It was further mentioned that that they have...
EDB mulling new projects with boat,yacht building

Export Development Board Chairman Indira Malwatte said they are currently looking into new industries like boat and yacht building. She said this project has been undertaken by three to four...
IT graduates insufficient to meet industry needs - Google MD

Sri Lanka’s IT graduates will not be sufficient to meet the needs of the next generation of technologies,a top official from Google India said.Google India Managing Director Ranjan Anandan...
Around 43% not contributing to Lanka's workforce

The Economic Summit 2016 which ended yesterday was able to give certain important pointers to improve the economy by improving its skill base. One of the major issues discussed in the first...
OBG names Lanka one of the most attractive markets for FDIs

Oxford Business Group (OBG) recently launched ‘The Report: Sri Lanka 2016’. The report drew upon various aspects in which the country could improve and highlighted on the sectors of: Micro economics...
Quick fixes not a viable method to boost economy - CB Governor

Central Bank Governor Dr. Indrajith Coomaraswamy said quick fixes are not a viable method to boost the economy in moving forward.Speaking at the Colombo Stock Exchange (CSE) where he was felicitated...
CA Sri Lanka Summit redefines corporate strategy

CA Sri Lanka's 2016 Strategy Summit that began yesterday at the Mount Lavinia Hotel brought together three internationally recognized business consultants to address corporate leaders regarding how...
Digitalising, the way forward for winning brands

LBR LBO Brand 2016 was held recently at the Cinnamon Grand. The focus of the forum according to Lanka Business Online founding publisher, Lakshman Bandaranayake is on leveraging digital to...
Hilton,Grand Hyatt, Lanka Hospitals open for partnerships - PM

Prime Minister Ranil Wickremesinghe said some of the government controlled entities such as Hilton Hotel and the Grand Hyatt and Lanka Hospitals will be open for partnerships soon.Speaking at...