Last Updated : 30-07-2014 05:52

 
 

Business

apparel label giant to set up Joint venture

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Royal Pac Printcare Lanka (Private) Limited has signed an agreement with the Board of Investment (BOI) to establish an operation for the manufacture of apparel labels and packaging material for Sri Lanka’s apparel industry.

Mobitel unveils the new Samsung Galaxy Tab S for the first time in Sri Lanka

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The National Mobile Service Provider, Mobitel partnered with Samsung to provide customers a special opportunity to experience the Samsung Galaxy Tab S, which was introduced for the first time in Sri Lanka.

A woman who heads a company that employs women and has women as market

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Kay Krill heads a unique company. As the CEO of Ann Inc., she overlooks a staff of 20,000 women who work under her, creating clothes for women. Ann Taylor is a US-based upmarket chain of clothes that targets women who want to dress well and look good.

Monetary policy might be tightened early next year: HSBC

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The cycle of monetary easing in Sri Lanka will soon end and the country will start to see its monetary policy being tightened as early as from 2015, a global banking giant said in a recent report.

IMF external liquidity support still a possibility: S&P

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External liquidity support is still very much a possibility for Sri Lanka from the International Monetary Fund (IMF) or from any other bilateral lender if such a requirement arises, according to a US-based credit rating agency.

Taprobane buys 9 percent of PABC

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High net worth investor Ajith Devasurendra led Tabrobane Holdings yesterday bought a 9.1 percent stake in Pan Asia Banking Corporation PLC (PABC), of which business leader Dhammika Perera is the main shareholder

Fems, the only sanitary napkin in Sri Lanka to receive SLS Certification

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The role of the progressive Sri Lankan woman of today, has significantly transformed, to become more demanding of an active, multi-tasking lifestyle.

First United Nations Environment Assembly of UNEP

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The first United Nations Environment Assembly (UNEA) of the United Nations Environment Programme (UNEP) was held at the UNEP Headquarters, Nairobi, Kenya from June 23 – 27, 2014.

Unit trust funds grow 75% in 2013

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Sri Lanka’s unit trust industry grew 75 percent in 2013 to Rs.54.3 billion but the number of unit holders have increased by a mere 6 percent to just under 30,000 investors, in a country with a 20 million population, according to the capital market regulator, the Securities and Exchange Commission (SEC).

ASPI crosses 6, 500 point mark

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The main index of the Colombo Stock Exchange, the All Share Price Index (ASPI) today crossed the 6,500 point mark, at the close of trading, for the first time since October 2011.

MCB Bank opens its doors in Kollupitiya

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Celebrating a presence of 20 years in Sri Lanka, MCB Bank, one of the fastest growing Pakistan-based bank, marks its successful journey this year with the opening of the newest branch in Kollupitiya, as part of the Bank’s strategy to be close to its customers and to serve them with an array of qualitative and efficient banking services.

An open letter to hoteliers

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Why don’t you appreciate me more than you do when I show up at your doorstep? Have you lost sight of the fact, that, as your guest, I am at the centre of the hospitality industry and in an ever expanding circle; you need to always be ahead of my needs.

Asia’s first ever travel bloggers’ conference to be held in Colombo

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Cinnamon Hotels and Resorts, a five star hotel chain in Sri Lanka partnered with Professional Travel Bloggers’ Association (PTBA) and the National Carrier SriLankan Airlines yesterday to host Asia’s first ever Travel Bloggers’ Conference, TBC Asia.

country in middle-income trap since 1998: Minister

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At a time when the Sri Lanka’s Central Bank (CB) is setting the stage to by-pass a potential economic stagnation and become a ‘break-out nation’, a senior government minister yesterday said that country is gradually being ensnared in the middle income trap.

Chiropractic Clinic at Nawaloka Hospital

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Nawaloka Hospital is Sri Lanka’s first, purpose built private hospital. Over the years, the Hospital has invested enormously on advanced medical equipment and best curative facilities, Thus has many first to their credit in Sri Lanka.

A new narrative for economic growth

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Today, we, as a nation, are going through an era where the debate on national economy has probably assumed unprecedented heights.
Yet, it is an irony that no clear dialogue has yet emerged about the future strategic direction of the development of Sri Lanka’s economy.

Coaching for team performance - Improves productivity, relationships

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Teams are the force that drives most organisations. As a manager or supervisor, you would have seen hostility, conflicting goals and unclear expectations within your teams. These are symptoms of an unhealthy team. To avoid these harmful effects, you need be proactive about improving team performance.

Stock market at your fingertips

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Technology has played a key role in the financial services industry. Today, however, a number of new and rapidly accelerating trends are emerging that promise to usher in an entirely new paradigm.

CB to publish BASEL III rules by November: Moody’s

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Sri Lanka’s banking sector which is already entangled in a complex consolidation drive, will soon have to gear itself up to embrace wide ranging capital and liquidity coverage requirements to be implemented under the third and latest instalment of BASEL Accords – BASEL III.

Rupee edges up on inflows

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The Sri Lankan rupee ended slightly firmer yesterday due to inflows from remittances and exporter dollar sales, while one-month forward premiums fell to more than a three-year low on the hopes of further gain in the currency.

Why we cannot get home/work balance right, according to top female CEO heading Pepsi Co

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We ponder it over coffee and mull over it at work; it is always on the back burner somewhere as far as women who aspire to the top are concerned. Can we truly achieve the ultimate work-home balance that keeps all the stakeholders happy?

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