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Last Updated = Mon, Jul 24, 2017, 12:07 am SL Time

* Marriott Resort & Spa opens in Weligama Sri Lanka

July 23 (CP) Colombo- The international hotel chain Marriott has opened its first hotel in Sri Lanka, the Weligama Bay Marriott Resort & Spa last week. The 198-room, Weligama Bay Marriott Resort & Spa, will be operated under Marriott's flagship Marriott Hotels & Resorts brand.
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* "Government too burnt by its alcohol policy folly" - Lion Brewery CEO

July 23 (Island) The taxes on beer is killing demand and since the 70% tax increase in October and November of 2015 beer industry volumes have decreased 40%, Mr. Suresh. K. Shah, the CEO of Lion Brewery (Ceylon) PLC has said in the company’s annual report.
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* Razeen Sally, Senior Advisor at Finance Ministry

July 23 (SO) Highly-respected international economist, the Lankan-born Razeen Sally has been appointed as the Senior Advisor to the Finance Ministry by Minister of Finance and Media, Mangala Samaraweera.
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* DIMO Overall Gold Winner in CMA Excellence in Integrated Reporting Awards

July 22 (DM) The third‘CMA Excellence in Integrated Reporting Awards –2017’awards presentation ceremony was held on 17th of July at Cinnamon Lakeside, Colombo
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* Startup X Foundry steals the show at Disrupt Asia 2017

July 22 (CP) Colombo- Showcasing three outstanding new startups in acceleration as its launch ventures, StartupX Foundry stole the show at Disrupt Asia 2017, held at Hilton Colombo on the 12th of July.
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* Trust accounts under scrutiny for money laundering

July 23 (ST) Sri Lanka’s banking regulator is flexing its muscles to combat money laundering risks and is considering going after ‘trust’ accounts which may be whitewashing dirty cash.
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* State minister in effort to reassure CSE investors

July 22 (Island) Once the new Inland Revenue Bill is passed it would create a stable environment for any investor to invest in the Colombo Stock Exchange without fear or doubt, State Minister for Finance Eran Wickramaratne said.
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* Lankan businessmen should strive to negate imbalanced trade

July 22 (DN) Malaysian High Commissioner to Sri Lanka Wan Zaidi Wan Abdullah invited the Sri Lankan business community to further explore emerging trade and investment opportunities
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