Category: Business News

  • Twin Elevator in Srilanka for the first time

    Back to the future, the idea of having an elevator with two cabs operating independently in the same shaft is not a new one – the original idea dates back to 1931. But it took our 21st century technology to make the idea viable and turn it into reality Extraordinary Engineering, a highly developed control…

  • Nawaloka to open first regional hospital in Negombo

    Nawaloka Hospitals PLC is to open its first regional hospital in Negombo next month, in a bid to expand its healthcare operations regionally, According to Nawaloka Hospitals Director/General Manager a 50-bed hospital will be equipped with all diagnostic facilities, a fully equipped ambulance service, a labour room, a 24-hour pharmacy, patients rooms and ample parking…

  • Investment forum on Myanmar in Sri Lanka on 12th June 2014

    Discover the enormous potential of Myanmar businesses, Investment forum on Myanmar in Sri Lanka (IFMSL 2014) Invited speeches from government officials and industry experts Panel discussion to ask your questions One on one meetings Network session with experts Dinner reception   Limited seats only Rs. 15,000/-per head Rs. 12,000/- for ICC Members (Special discount for…

  • National Business Excellence Awards 2014 – Applications calls now

    Business Excellence Benchmark Competition official launch today for an applications and invitations, the below stated sectors could be apply for the Nation Business Excellence award. Agriculture & Plantations Banking Sector Construction Gem & Jewellery Healthcare & Related Service Hospitality & Tourism ICT Services Insurance Livestock & Fisheries Printing & Related Services Non Banking & Financial…

  • E-learning to boost mathematics skills for students

    Forty secondary schools started using new mathematics e-learning programs to boost students’ mathematics ability and to determine if e-learning should be incorporated into mathematics lessons nationwide. “Boosting mathematics skills and critical thinking is essential in today’s modern world. Computer technologies can complement regular classroom teaching in a way that can bring everyone up to international…

  • No foreign workers to fill apparel industry vacancies in Srilanka

    Investment Promotion Minister Lakshman Yapa Abeywardene told Parliament that there was no plan to bring down foreign workers to fill the vacancies in garment factories of the country. The minister said there are about 15,000 vacancies in the apparel industry. They would be filled from the local labour, he said. The minister said there are…

  • Train services to Chavakachcheri Commence June 2014

    The train services on the northern line will be extended this month up to Chawakachdieri the main station this side of Jaffna in the north officials said yesterday. Currently trains operate only up to Kilinochchi and Palai. Railways officials says it had been planned to extend train services up to Jaffna it was delayed due…

  • New Fish Market Shops are for Sale by Ministry of Fisheries & Aquatic Resources Development

    Applications are called from the fish vendors who are interested in obtaining remaining limited fish stalls of the Peliyagoda Central Fish Market managed by the Management Trust under the Ministry of Fisheries and Aquatic Resources Development. Priority will be given to the fish vendors who were registered at St.John’s Fish Market, Pettah. Applications can be…

  • Sri Lanka to attract foreign investment for import substitution

    In an ambitious move to-wards self-reliance. Sri Lanka is to attract foreign investors for import substitution projects offering them tax concessions under the Board of Investment of Sri Lanka (BOI). Investment Promotion Minister Lakshman Yapa Abeywardene told that the aim of introducing this strategic scheme is to produce necessary items locally without importing it by…

  • Tourism arrivals, earnings on the rise Central Bank Announced

    Earnings from tourism are growing as arrivals surge with Sri Lanka aiming to reach 2.5 million tourists by 2016. According to the Central Bank (CB) first quarter 2014 data, arrivals grew by 39.5 per cent to 112.631 in April 2014. while earnings from tourism in March and April increased by 26.2 per cent and 49.8…