The Sunday Leader

WCIC begins search for Sri Lankan women entrepreneurs

The Women’s Chamber of Industry and Commerce (WCIC), announced the launch of ‘Woman Entrepreneur of the Year 2017′ Awards Ceremony’ at an event held recently. WCIC is a non-profit organisation which acts as a powerful voice for change and a platform for improving the business environment for remarkable women entrepreneurs. ‘The Woman Entrepreneur of the [...]

Guangxi to host exhibition in Sri Lanka to promote trade

An exhibition is to be staged in Sri Lanka to promote trade between Guangxi, China and Sri Lanka. The exhibition aims to build a platform to further expand and deepen the economic and trade cooperation and exchanges between China and Sri Lanka, open up new roads for cooperation, explore new business opportunities, and achieve mutual [...]

Chinese company to construct luxury seven star apartment complex in Sri Lanka

A leading Chinese company has signed an agreement to construct a luxury seven star apartment complex in Sri Lanka. Sri Lanka’s real estate major, Blue Mountain said it has signed an agreement with China Harbour Engineering Company Ltd. (CHEC) to build Achilleion, its seven star luxury project, which will be a landmark development in the [...]

South Asia’s first commercial deployment of eSIM technology by Dialog

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, announced the commercial deployment of South Asia’s first embedded SIM (eSIM) technology, a reiteration of its promise to deliver the future, today. The pre-installed eSIM in wearables, now offers customers the ability to have a connection for their devices independent of a smartphone, eliminating the need for [...]

Sri Lanka upbeat over proposed free trade deal with China

Sri Lanka is upbeat over the proposed free trade deal with China which is expected to provide Sri Lanka with a level playing field among competitors in the ASEAN region. The Central Bank, in the first copy of the Annual Report for 2017 which was released on Thursday, notes that following the Memorandum of Understanding [...]

Regulatory approval sought to merge Hutch and Etisalat Lanka

CK Hutchison Group (“CKHH Group”) and Emirates Telecommunications Group Company PJSC (“Etisalat Group”) have entered into a definitive agreement to merge their mobile telecommunications businesses in Sri Lanka, operating under Hutchison Telecommunications Lanka (Private) Limited (“Hutch Lanka”) and Etisalat Lanka (Private) Limited (“ESL”) respectively. The combined business of Hutch Lanka and ESL will be better [...]

Coconut a natural asset

By W. A. Sarathchandra Usain Bolt was considered the fastest human in the world, and many would be surprised that the secret of his running achievements are ‘Coconut Milk’. Revealing this secret, he emphasizes that the supreme ‘Energy Drink’ is Coconut Milk. However, in Sri Lanka, the view of the people is that the price [...]

Ceylinco Life’s net profit surges 95% to Rs. 6 billion

Retaining the top spot in life insurance for 14th successive year with premium income of Rs. 15.7 bn. and assets crossing from Rs. 100 billion to Rs. 106 billion, the Ceylinco Life has posted net profit of Rs. 6 billion for the year ending December 31, 2017 while reaffirming its market leadership in Sri Lanka’s [...]

Quick Tea joins the ranks of ‘Green Businesses’

Quick Tea Private Limited, a subsidiary of Sri Lanka’s largest Tea Exporter for over two decades – Akbar Brothers Limited, became the recipient of yet another accolade for the diversified group of companies by being certified as a ‘CarbonConscious® Company’. The certification was awarded to Quick Tea by the Sustainable Future Group (SFG), committing the [...]

CHEC, Galle Face Hotels Group JV see new horizons in leisure sector

By Ranee Mohamed Ceylon Hotels Maldives (Pvt) Ltd (CHML, a subsidiary of Ceylon Hotels Corporation Plc, and a member of the Galle Face Group of Companies entered into a 5-50 joint venture with Zhen Hua Engineering Company Limited (CHEC), a group company of the China Habour Engineering Company Limited (CHEC). Speaking at an event held [...]

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