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amanté Ignites with series of events for loyal customers

Intimate apparel label amanté continues to reward its loyal clientele with a series of its popular ‘amanté Ignites’ events at its flagship Racecourse boutique. The series has been attended by a wide group of ladies drawn together by the promise of fun, learning and shared camaraderie. Most recently amanté Ignites hosted the teams from Saaraketha [...]

Pelawatte gets its own exclusive all-ladies store by Cotton Collection

Sri Lankan fashion staple, Cotton Collection, launches its newest store in Pelawatte at 968, Thalawathugoda Road. The vibrant new branch will feature Cotton Collection’s flagship brand COCO and a host of other brands meant exclusively for free-spirited women. Spread over an expansive 2,700 square feet of retail space with ample parking, Cotton Collection’s newest store [...]

Nuzreth Jalaldeen appointed Executive Director of AmCham

The American Chamber of Commerce in Sri Lanka has appointed Nuzreth Jalaldeen as its new Executive Director with effect from November 2017. Nuzreth was formerly at Uber Sri Lanka, and is a veteran in the Communications and PR industry, with experience ranging from work at Leo Burnett Solutions Inc to Sri Lanka Telecom Mobitel to [...]

Shipping And Logistics Industry Raise Concerns

Ceylon Association of Shipping Agents (CASA) and Sri Lanka Logistics and Freight Forwarders Association (SLFFA) the voices of the shipping and logistics industry, have strongly object to the Government’s budget proposal to lift the remaining restriction of 60% on foreign ownership on shipping and freight forwarding agencies. CASA and SLFFA says the proposal will not [...]

Stock Market Continues Encouraging Performance In 2017

The Sri Lankan stock market has continued what has been an encouraging year in 2017, where both market indices continue to record positive returns. The Benchmark All Share Price Index (ASPI) has made a2.78% gain in October alone and a 6.31%gainyear-to-date, while the S&P SL 20 index, which features the CSE’s 20 largest and most [...]

At least 30,000 – 40,000 Employed In US Businesses In Sri Lanka

American businesses presence in Sri Lanka have at least 30,000 or 40,000 employees across many venues and companies that are pursuing different sectors, the US Ambassador to Sri Lanka Atul Keshap said. Ambassador Keshap was speaking at the launch of the US Garment Innovation Center in Sri Lanka. The US Ambassador noted that the American [...]

Leading Cement Brands Reach Settlement Over Trademark Dispute

Two leading cement brands in Sri Lanka have reached a settlement over a trademark dispute. Tokyo Cement Company (Lanka) PLC agreed to a settlement over a suit filed against Ruhunu Lanka Cement (Pvt) Ltd in the Commercial High Court of the Western Province. Tokyo Cement, one of the largest manufacturers and suppliers of cement in [...]

RMIT University Collaborates With SAITM

Australia’s prestigious RMIT recently initiated a partnership with SAITM to make Australian degrees and internships available locally to engineering students at affordable rates. This strategic partnership comes at a time when the government is striving to position Sri Lanka as an education hub in the Asian region. Commenting on the venture, Professor Gael McDonald, President [...]

Germany Supports Sri Lanka’s Path Towards Green Energy Future

Germany says it will support Sri Lanka’s path towards a green energy future. Three months ago a Green Energy Champion competition was launched consecutively for the second year by The German Federal Foreign Office together with the Ministry of Power and Renewable Energy of Sri Lanka, and the project implementing partner Deutsche Gesellschaft für Internationale [...]

Digital Transformation Catalyst IQ Announces Partnership With Ydigital Asia

Digital transformation consultancy Innovation Quotient (IQ) recently announced its partnership with Ydigital Asia – a collaboration that leverages learnings from the world’s fourth largest consumer market, Indonesia, to augment IQ’s mission to support Sri Lanka through the digital age. The two companies also announced the launch of ‘Digital Tomorrow’, a Digital Centre of Excellence that [...]

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