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Press Report

Catalogue of world wide news sources updated continuously

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Zim cotton exports rebound

17 December 2017 23:20:09 The Herald

Business Reporter ZIMBABWE’s cotton exports rebounded sharply last year, buoyed by the Presidential Inputs Scheme, which saw production of the crop increasing by more than 150 percent. Cotton used to be one of the country’s largest foreign currency earners before production slumped due to viability challenges resulting from inadequate funding and poor prices. The Cotton...

Více Business Time17 December 2017 23:20:09


KiMO Ceylon opens its first store in Colombo

15 December 2017 00:55:45 The Sunday Leader

Starting the holiday season on a high, KiMO Ceylon opens its first store in Colombo. The store located at No. 28, Galle Road, Colombo 6 (Next to Savoy Cinema) opens its doors from Monday to Sunday between 10am to 8pm. Simplicity, defines KiMO with Korean franchisee products that compliments today’s lifestyles perfectly. The lifestyle stores

Více Business Time15 December 2017 00:55:45

Dankotuwa Porcelain unveils signature store

15 December 2017 00:55:45 The Sunday Leader

Dankotuwa Porcelain PLC, unveiled its signature store, in the upmarket shopping precinct of Guildford Crescent, Colombo recently. Located within walking distance of the Independence Square and cultural icon the Lionel Wendt Theatre, Dankotuwa Porcelain’s latest store provides is designed to give an upscale shopping atmosphere to their customers. Speaking to Taprobane Group of Companies Group

Více Business Time15 December 2017 00:55:45

NDB Runner Up at National Business Excellence Awards 2017

15 December 2017 00:55:45 The Sunday Leader

National Development Bank PLC emerged Runner Up under the banking category at the National Business Excellence Awards 2017, hosted by the National Chamber of Commerce. The 14th Edition of the National Business Excellence Awards, which recognize corporates who have excelled in business, was held on December 13 at Hilton, Colombo. NDB’s Chief Executive Officer Dimantha

Více Business Time15 December 2017 00:55:45

CAMMS wins gold at NBQSA 2017

15 December 2017 00:55:45 The Sunday Leader

Global Enterprise Performance Management (EPM) software vendor, CAMMS – a world leader in planning and strategy, project, risk and meeting management software, as well as budgeting, workforce and analytics solutions – won a Gold award for its Project Management solution, cammsproject, at the 19th annual NBQSA ceremony held in Colombo. CAMMS won the Gold Award

Více Business Time15 December 2017 00:55:45

DFCC Bank secures USD 30 million

15 December 2017 00:55:45 The Sunday Leader

DFCC Bank recently secured USD 30 million in funding from BlueOrchard, a leading global impact investment manager, following an agreement signed between the management of both organizations. The funds will be used to increase the levels of lending that the bank offers SMEs, whilst strengthening its micro-finance portfolio. With a proven a track record of

Více Business Time15 December 2017 00:55:45

Lankan shipping liberalization very constructive

15 December 2017 00:55:44 The Sunday Leader

“The Budget 2018’s proposals on Lankan shipping liberalization are very constructive”, said Julian Michael Bevis, AP MOLLER-MAERSK’s Senior Director South Asia in Colombo. He was responding to Minister of Industry and Commerce Rishad Bathiudeen when he met the Minister in Colombo recently with Peter Taksoe-Jensen, Denmark’s Ambassador to Sri Lanka. “AP MOLLER-MAERSK’s transport & logistics

Více Business Time15 December 2017 00:55:44

Sri Lanka, a leading travel destination

15 December 2017 00:55:44 The Sunday Leader

Sri Lanka continues to receive more achievements for its recognition as a compact travel destination across the globe, and received another endorsement recently becoming one of the emerging destinations and one of the most popular global destinations from the key findings of the 2018 Virtuoso Luxe-Australian edition report. In parallel to this achievement, Sri Lanka

Více Business Time15 December 2017 00:55:44

Singer Sri Lanka demos new Sony BRAVIA OLED TVs to high-end customers

13 December 2017 06:52:49 The Sunday Leader

Singer Sri Lanka PLC, the country’s premier consumer durables retailer, demonstrated the latest Sony BRAVIA OLED TV range to high-end customers at a special event organised recently at the Taj Samudra Hotel Colombo. The occasion was graced by Mohan Pandithage – Chairman of Singer Sri Lanka, Kumar Samarasinghe – Marketing Director of Singer Sri Lanka

Více Business Time13 December 2017 06:52:49

Kanyemba border to be modernised

12 December 2017 00:09:16 The Herald

Michael Tome Property Reporter The Mbire Rural District Council has intensified efforts to develop and modernise the Kanyemba border area in line with its vision of a town status by 2023. A total of 3 000 hectares spanning 15 kilometres along the shores of Zambezi River have been set aside for a range of properties. Civil works including...

Více Business Time12 December 2017 00:09:16

Govt slashes platinum royalty

12 December 2017 00:09:15 The Herald

Golden Sibanda Senior Business Reporter GOVERNMENT has slashed the rate of royalty for all platinum group mining companies to 2,5 percent from 10 percent, a move the Chamber of Mines of Zimbabwe says will go a long way in enhancing viability at a time prices are depressed. This also comes as Government indicated it had deferred...

Více Business Time12 December 2017 00:09:15

Half a Billion Euros of Credit is waiting Adoption of the Excises

11 December 2017 16:55:34 Sarajevo Times

European Bank for Reconstruction and Development (EBRD) Director for Bosnia and Herzegovina (BiH) Jan Brown said that nearly half a billion euros of credit intended for BiH is waiting until the excises issue is resolved. Brown has specified that 221 million euros have been blocked because of the excises, plus The post Half a Billion Euros of Credit is waiting Adoption of the Excises appeared first on Sarajevo Times .

Více Business Time11 December 2017 16:55:34

Millerholz & Spotless unveil new showroom experience

11 December 2017 06:49:50 The Sunday Leader

Millerholz, the leading provider of high quality durable flooring solutions and Spotless, the premier commercial and industrial cleaning solutions company, recently opened the doors to their flagship showroom in Colombo. Located on Galle Road, Colombo 04, this custom designed showroom was created to offer a truly hands on experience for customers as they make key

Více Business Time11 December 2017 06:49:50

Communication eats culture for breakfast

11 December 2017 06:43:25 The Gremlin – Online Newspaper for the Garden Route

Tom Peters coined the term ‘culture eats strategy for breakfast’, suggesting that brilliant execution is more important than a brilliant strategy. In the same way, I believe that good culture has, at its core, healthy communication. Communication needs to be looked at in two parts: Transactional and Transformational. Transactional communication Transactional communication is the day-to-day

Více Business Time11 December 2017 06:43:25

CICT promotes Colombo Port at Hong Kong Maritime Forum

08 December 2017 06:45:56 The Sunday Leader

The role of the Port of Colombo in facilitating imports and exports and supporting trade with India and other subcontinent countries was expounded by Colombo International Container Terminals (CICT) in a recent presentation to the 2017 Asian Logistics and Maritime Conference (ALMC). The presentation was made by Tissa Wickramasinghe, Chief Business Development Officer of CICT,

Více Business Time08 December 2017 06:45:56

Commercial Bank wins overall award for Best Annual Report

08 December 2017 06:45:56 The Sunday Leader

The Commercial Bank of Ceylon PLC stamped its supremacy in financial disclosure at the CA Sri Lanka Annual Report Awards this week, winning the coveted overall award for the best annual report by a Sri Lankan company in 2016 and three other awards including the Edmund J. Cooray Memorial Trophy for the Best Annual Report

Více Business Time08 December 2017 06:45:56

Exclusive Lines first to introduce NFC ‘Tap and Go’ loyalty points

08 December 2017 06:45:56 The Sunday Leader

By Chanaka de Silva   In keeping with todays fast moving technology and the ever changing trends ‘Exclusive Lines’ takes the initiative to launch the first ever ‘NFC Tap and Go loyalty’ scheme. Speaking at the launch Exclusive Lines Director HiruSurtani said, we have always known that the customer is the key to our success.

Více Business Time08 December 2017 06:45:56

Govt to extend amnesty on outstanding taxes

08 December 2017 00:19:32 The Herald

Kudzanai Sharara Assistant Business Editor Government will extend amnesty measures on outstanding taxes that were accrued prior to December 1, 2017, Finance and Economic Development Minister Patrick Chinamasa has said. Presenting his 2018 National Budget in Parliament yesterday, Minister Chinamasa proposed an amnesty for interest and penalties on outstanding taxes accrued prior to December 1, 2017...

Více Business Time08 December 2017 00:19:32

The Body Shop invites shoppers to play for peace

07 December 2017 06:44:31 The Sunday Leader

Customers will be able to help refugee children this Christmas by buying seasonal gifts from The Body Shop as part of its Play for Peace Campaign, in partnership with peace building NGO International Alert. Every gift from The Body Shop’s seasonal gift collections that a customer purchases throughout the Christmas season will help refugee children

Více Business Time07 December 2017 06:44:31

Old Mutual to build solar power projects

07 December 2017 00:04:17 The Herald

Martin Kadzere in VICTORIA FALLS Old Mutual intends to construct solar power projects with capacity to generate at least 50 megawatts, a senior official has said. The projects will entail the construction of two solar power plants in Gwanda and Chipinge, Old Mutual chief investment officer (Alternative investments) Benjamin Sithole said yesterday. He said some solar...

Více Business Time07 December 2017 00:04:17

Businesses’ fire risks increased by water restrictions

05 December 2017 19:41:06 The Gremlin – Online Newspaper for the Garden Route

05 December 2017: With water restrictions for City of Cape Town currently at level five, many businesses in the region are now at risk of having their insurance claims denied in the event of fire damage. This is according to Annelie Smith, Corporate Executive at RBS (Risk Benefit Solutions Pty Ltd), an authorised financial services

Více Business Time05 December 2017 19:41:06

IFC analysis points to $3.4 trillion in climate-smart investment opportunities in South Asia

04 December 2017 06:40:50 The Sunday Leader

South Asia’s ambitious plans to meet its climate targets under the Paris Agreement represent $3.4 trillion worth of investment opportunities in cities and infrastructure by 2030, according to a new report released on November 30 by IFC, a member of the World Bank Group. Bangladesh, Bhutan, India, Maldives, Nepal and Sri Lanka, which represent 7.38 per cent

Více Business Time04 December 2017 06:40:50

Funding challenges stifle industry: Cifoz

03 December 2017 23:31:02 The Herald

Taurai Mangudhla Prevailing cash shortages that have given rise to a five-tier pricing system are causing havoc in the construction industry with growth slowing down as projects have become expensive, an industry lobby group has said. Construction Industry Federation of Zimbabwe (Cifoz) has said the industry’s growth has been subdued over the years due to...

Více Business Time03 December 2017 23:31:02