The proposed merger between cement majors Holcim and Lafarge is unlikely to have any negative implication on Holcim’s Sri Lankan operations, as the country remains a “strategic market”, a top Holcim official said.
Leading leisure sector operator Aitken Spence PLC said it purchased a brand-new five-star hotel with 143 rooms in Chennai for a consideration of US $ 25 million. The acquisition has been carried out through Aitken Spence Hotel Managements (South India) Private Limited.
The GSMA today announced that leading Sri Lankan operators Dialog Axiata and Mobitel will launch a beta trial of the GSMA Mobile Connect service that will allow consumers to conveniently, securely and consistently access a wide array of digital services by using their smartphones and feature phones as devices for authentication.
“Plantations are not forests” is a phrase that has been around for many years, but that does not mean that tree plantations are neither good nor bad in them. The benefits or threats of plantations depend on their scale, their objective, the trees planted and the natural and..........
The new tank farm complex and the bunkering terminal of the Magam Ruhunupura Mahinda Rajapaksa Port (MRMRP) in Hambantota is set to be opened on June 22 by President Mahinda Rjapaksa, a media statement by the Sri Lanka Ports Authority (SLPA) said.
A milestone was achieved yesterday in the manufacture of tyres in Sri Lanka with the official inauguration of a new hi-tech production facility for radial tyres for passenger cars and Sports Utility Vehicles (SUVs) at CEAT Kelani Holdings, the country’s leading tyre maker.
Some core challenges continue to pose threats to the future viability of Sri Lanka’s tourism industry despite positive changes which have brought new opportunities, head of a leading leisure group said.
The Bard of Avon once wrote that “A rose by any other name would smell as sweet”. The Galle Face Hotel for almost a century and a half has been known by many names.
The outcome of LokSabha (lower house of the Indian Parliament) elections on May 16th was unexpected and unprecedented over the last three decades.The outcome of LokSabha (lower house of the Indian Parliament) elections on May 16th was unexpected and......
The Middle East investors, particularly in the six Gulf States, are increasingly positive about entering and investing into Sri Lanka, according to MTI’s ‘Market Pulse’.
Hutch is pleased to announce it has entered in to a partnership with the leading Sri Lankan insurer Janashakthi Insurance to provide more affordable and convenient insurance cover for their subscribers for as low as Rs. 50/- a month
We saw last week how the two management gurus, Ken Blanchard and Paul Hersey interpreted their secret to success of leadership. Through their popular theory called situational leadership, they advise managers that there is no best style of leadership.
Aside from having a general understanding of what a company does, you should analyse the characteristics of its industry, such as its growth potential. A mediocre company in a great industry can provide a solid return, while a mediocre company in a poor industry......
Aitken Spence PLC, which has interests in hotels, shipping, power and plantations has exited from a proposed thermal power project in Bangladesh with authorities failing to provide suitable land for the plant. However discussions continue in relation to the second project.
Waskaduwa, June 7th 2014: Each year on the third Sunday in June the world celebrates the day dedicated to the most important man in your life. This year on Sunday 15th June, Citrus Waskaduwa introduces an extra special promotion for dads.
At the launch of the second China- South Asia Expo in Kungmin, China announced its strategy of implementing ‘Silk Road Economic Belt and 21st Century Maritime Silk Road, facilitating scientific and technological co-operation with South Asian nations such as Sri Lanka.
The Rotaract Club of University of Sri Jayawardenepura is a club that actively engages in a variety of community service and professional development projects. The most recent project was on the 1st of June. This project “ALL Hands Together” was to take differently-abled kids of the Sevana Children’s Home (Kotte) on a field trip to Galle.
There’s something about success that doesn’t hinge right for some. While achieving success is expected in today’s competitive world, once it is indeed achieved, how do you define it – are you an extension of your success or vice versa?
Recently, at a senior executive forum, a CEO asked me to share my experiences of how companies measure the return on investment of their training and development spend. To begin, training is basically the formal activity that generally occurs in a classroom or....
Until the early 1960s, it was generally accepted that fertilisers were essential for immature rubber, whereas for mature rubber, fertiliser applications were given on an insurance basis. The large variability in yield responses was a major contributing factor in the reluctance to....
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