Ceylinco Life opens new branch in Ratnapura

19 Feb 2015

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Life insurance leader Ceylinco Life has opened its new branch office in Ratnapura in a custom-built building on company-owned land, consolidating its presence in the Sabaragamuwa region of Sri Lanka.

Mihin flies Tamil Nadu Chamber of Commerce delegation to Sri Lanka

19 Feb 2015

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Mihin Lanka, Sri Lanka’s national low-cost carrier, proudly flew the members of the Tamil Nadu Chamber of Commerce and Industries (TCCI) from Madurai to Sri Lanka.

Achieving walkable cities

19 Feb 2015

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With the urban population swelling the world over, it makes sense that we start or go back to creating cities for people too.People are a city’s principal raison d’etre, so cities should be designed or redesigned to address one aspect that will make them greener: Walkability.

Addressing social protection issues to enhance equity in Sri Lanka

19 Feb 2015

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Social protection has been increasingly viewed as an important tool for addressing poverty, vulnerability, inequality, and social exclusion. Sri Lanka has a long history of providing social protection to its population. Social protection policies and programmes such as the free education and health care provision and food subsidy programmes have been implemented by the successive governments since the 1940s.

Are spirituality and profitability mutually exclusive?

19 Feb 2015

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It was not long time ago that Google Inc invited Eckhart Tolle to address her employees.Needless to say that Google is one of the few businesses in the history that have had a profound impact on human life in a short period. Just one and a half decades ago, Google’s search engine, (now used globally over 100 billion times a month) did not even exist!!

Cargills to ‘engage’ government over tax

19 Feb 2015

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A leading retailer in the country said it was “engaging” the new government over the higher taxes the sector was slapped with.“If we are to contribute towards the development of the agriculture and rural sector to create sustainable jobs, the government has to revisit the VAT impacts towards organised trade,” Cargills Ceylon Deputy Chairman and Group CEO Ranjit Page said.

Nestlé 3Q contracts; FY14 net up 14%

19 Feb 2015

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The Sri Lankan unit of Swiss food and wellness giant Nestlé Lanka PLC saw its net profit contracting Rs.95 million year-on-year (yoy) to Rs.614.8 million during the December quarter (4Q14) amid significantly higher marketing, selling and distribution expenses.

Qatar Airways Announces Major Expansion in South Africa with Launch of Flights to Durban and Frequen

19 Feb 2015

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Nugegoda rally

18 Feb 2015

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We didn’t ask for 100-day plan-Sobitha Thera

18 Feb 2015

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Fitch to Host Sri Lanka Sovereign & Banking Roundtable 26 Feb

18 Feb 2015

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Fitch Ratings Lanka Ltd will be hosting its second Sovereign & Banking Roundtable on Thursday, 26 February 2015, between 8.00am - 2.00pm at the Balmoral Ballroom, The Kingsbury Hotel, 48 Janadhipathi Mawatha, Colombo 01, Sri Lanka

National Chamber to conduct EPF, ETF seminar in Sinhala

18 Feb 2015

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The National Chamber of Commerce of Sri Lanka will hold a half day seminar on “EPF & ETF (Sinhala Medium) on February 26th (from 1.30 p.m to 5.00 p.m) at the Chamber Auditorium.

New students joining CA Sri Lanka surpass 11, 000

18 Feb 2015

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Hemas 3Q net down amid capital losses

18 Feb 2015

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Hemas Holdings saw its December quarter (3Q15) net profit falling 45 percent year-on-year (yoy) to Rs.268.5 million, amid the absence of one-off gains and losses through divested operations.

NDB to raise Rs.7.5bn via debentures

18 Feb 2015

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National Development Bank PLC (NDB) said a resolution was passed by its board of directors to raise Rs.7.5 billion by way of a debenture issue, subject to regulatory approvals.

Huawei Mate7 awarded “Smartphone Best New Arrival”

18 Feb 2015

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Huawei’s large screen flagship smartphone, Mate7, was presented with t he “Smartphone Best New Arrival” award at the Eleventh Hurun Best of the Best Awards ceremony in Shanghai.

Intel to acquire Lantiq to advance ‘Connected Home’ concept

18 Feb 2015

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Intel Corporation has signed a definitive agreement to acquire Lantiq, a leading supplier of broadband access and home networking technologies.The transaction is subject to customary closing conditions and regulatory approvals.Smart gateways and intelligent access networks are important elements in Intel’s efforts t o make everything smart and connected, best with Intel. This acquisition would expand Intel’s success in the cable resid

Creative Solutions strengthens NetClean partnership

18 Feb 2015

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Sri Lankan software company Creative Solutions recently announced it is extending its collaboration with software company NetClean, to fight and put a stop to child sexual abuse material spreading on the Internet.

High-powered Chinese biz delegation to visit Sri Lanka next month

18 Feb 2015

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A28-member business delegation from China organised by the Beijing Lansing Century Exhibition Company in association with State-owned Assets Supervision and Administration Commission of Tianjin Municipal People’s Government (TJ-SASAC), Tianjin Commission of Commerce (TCC) and Foreign Affairs Office of Tianjin Municipal People’s Government will be visiting Sri Lanka in March.

Odel Valentine’s shopper wins return air tickets to Paris

18 Feb 2015

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A lucky Odel shopper will soon be jetting off to Paris, France with a companion to consummate his good fortune, winning the grand prize in the ‘Odel Objects of Affection’ promotion with which the iconic department store celebrated Valentine’s Day this year.