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Nippon Paints bags gold at NBQSA 2014

10 Nov 2014

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Nippon Paint Lanka, walked off as winners of a Gold award at the recently held National Best Quality Software Awards (NBQSA) 2014.NBQSA, is the national awards competition for best software products in Sri Lanka organized by the Sri Lanka section of the British Computer Society, the Chartered Institute of IT.

KPMG wins Golden Peacock Global Sustainability Award

10 Nov 2014

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KPMG International was presented with the prestigious Golden Peacock Award for Global Sustainability at a ceremony held at the Millennium Hotel in London, recently, as part of the Institute of Directors (IoD) of India’s annual meeting.aThe annual awards, overseen by t he IoD India, t his year attracted nearly 300 entries from global businesses. The in-depth evaluation and judging process identifies organisations leading the way in sustai

Laugfs Gas introduces Safety Regulator

10 Nov 2014

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The Laugfs Safety Regulator breaks new ground in domestic safety in Sri Lanka and not surprisingly it comes with the foresight of Laugfs Gas PLC, which has been at the helm of caring for your kitchen.The Laugfs Safety Regulator, which comprises many safety features, comes in an easy to assemble convenient pack including regulator, clips and special LPG hose.Nervous fears of leaking LPG cylinders lurk in the minds of many consumers. Each cylind

Laugfs wins at NBQSA 2014

10 Nov 2014

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Diversified conglomerate Laugfs Holdings was recognized for its in-house developed Laugfs Bid Plus software at the prestigious National Best Quality Software Awards (NBQSA) 2014.Bid Plus won a Merit award under the ‘e-Inclusion & e-Community’ category which recognizes software which adds value to the community and society at large.This system was developed by the group IT of Laugfs Holdings according to a concept of Chai

Fairway Holdings Launches Fairway Galle Development Project

10 Nov 2014

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Fairway Holdings launches Fairway Galle, its latest vertical living development project in the heritage city of Galle.Fairway Holdings, a in the field of luxury high-rise development, having introduced many ‘firsts’ in luxury vertical living solutions, has embarked on its latest venture - Fairway Galle.

UGC-approved BSc. in Applied Accounting Degree open for enrolment

10 Nov 2014

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A major shortcoming of the accounting sector in Sri Lanka has been the lack of a specialized academic qualification in accountancy. And today even that shortage has been rectified.The BSc. (Applied Accounting) Degree from the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) fulfils this long felt need in the corporate financial sector of Sri Lanka by being the first applied accounting degree in the country.

Combank Commissions Drive-through Atm At Gampaha

10 Nov 2014

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The Commercial Bank of Ceylon has commissioned its latest drive-through Automated Teller Machine (ATM) at the Bank’s Gampaha branch, for the convenience of busy customers.Similar drive-through ATMs set up recently by Sri Lanka’s largest private bank are at the Bank’s branch at Reid Avenue and at the ‘K Zone’ Shopping Complex in Ja-Ela.

Economic Census To Identify Sri Lanka’s Informal Sector

10 Nov 2014

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Sri Lanka’s first ever comprehensive economic census is currently being conducted by t he government’s main data collection organization, the Department of Census and Statistics (DCS) with the main objective of identifying the informal economy among others.

Can you find a better offer?

05 Nov 2014

1

Sri Lanka’s  largest online travel company, findmyfare.com recently partnered with Standard Chartered Bank to offer unbeatable deals on over 100 Sri Lankan hotels. Now Standard Chartered Bank cardholders can enjoy discounts of up to 60 percent on a bed and breakfast, half-board and full-board basis at select Jetwing, Cocoon, Amaya, Pigeon Island and Roman Lake hotels. This one-of-a-kind offer is available until 31 August 2015. 

Can you find a better offer?

05 Nov 2014

0

Sri Lanka’s  largest online travel company, findmyfare.com recently partnered with Standard Chartered Bank to offer unbeatable deals on over 100 Sri Lankan hotels. Now Standard Chartered Bank cardholders can enjoy discounts of up to 60 percent on a bed and breakfast, half-board and full-board basis at select Jetwing, Cocoon, Amaya, Pigeon Island and Roman Lake hotels. This one-of-a-kind offer is available until 31 August 2015

CIC Agri Businesses wins Gold at NCE Awards

05 Nov 2014

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CIC Agri Produce Export (Pvt) Ltd, a part of CIC Agri Businesses recently won a highly acclaimed gold award in the Agriculture Value Added Small Category at the 22nd National Chamber of Exporters (NCE) Awards Ceremony. CIC has previously been awarded a gold award and silver award in 2012 and 2011 respectively in the same category.

Hyundai, Kia to pay US $ 100 million over fuel economy suit

05 Nov 2014

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The Mobitel Enterprise SMS Solution - Pilot Project kicked-off recently at the Ceylon Petroleum Storage Terminals Limited.The inauguration ceremony was held at the CPSTL Kolonnawa Installation premises recently, under the patronage of Chairman/MD of Ceylon Petroleum Storage Terminals Limited, Major General M.R.W. De Zoysa and Manju Fernando Chief Officer – Enterprise Business Development of Mobitel (Pvt) Ltd.

Sinopec Introduces Justar Lubricant

05 Nov 2014

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Sinopec, the third largest company in the world, introduced its newest product to the Sri Lankan market, the Singapore factory product - Sinopec Justar 10w40 lubricant, recently.At a ceremony, Auto Miraj Managing Director N. Chandramohan was handed over Sinopec Justar lubricants by Sinopec Lubricants General Manager Ushan Wijewardena and other senior officials.

Analysis On Devastating Landslides In Haldumulla - Koslanda Areas

05 Nov 2014

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Awide coverage was given in the local and foreign news and electronic media on the above natural disaster, which occurred on October 29, 2014, resulting in the loss of innocent lives and serious damage to property, including estate dwellings. It is reported that at least 250 people including children have been buried alive and another 150 have not been accounted for as yet.

Fonterra Constructs Chilling Centre In Gampaha

05 Nov 2014

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Fonterra Brands Sri Lanka announced it is building a new chilling centre in Gampaha as part of its commitment to growing and developing the local dairy industry in Sri Lanka.Managing Director Fonterra Brands Sri Lanka Leon Clement said the new chilling centre allows Fonterra to begin milk collection in a new region and will support 200 local farmers.“We are focused on growing the local dairy industry in Sri Lanka and today’s event

Higher costs pull Sunshine 2Q net down by 18%

05 Nov 2014

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Power unit signs two hydro PPAs with CEBDiversified conglomerate Sunshine Holdings PLC (Sunshine) posted Rs. 144.59 million net profit for the quarter ended September 30, 2014 (2Q’15), an 18 percent decline from the same quarter last year. The earnings per share was 108 cents from 132 cents a year ago.The negative performance is due to the higher direct costs which rose by 28 percent Yearon-Year (YoY) to Rs.3.31 billion, but the revenue

One-off income ups TJL’s 2Q net by 7%; cuts dependence on national grid

05 Nov 2014

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The listed weft knit manufacturer, Textured Jersey Lanka PLC (TJL) posted a net profit of Rs. 281.79 million for the quarter ended September 30, 2014 (2Q15), up 7 percent a year ago, interim results showed.The earnings per share rose to 43 cents from 40 cents during the same period.The hike in TJL net profits came as a result of a one-off non-operating income of Rs. 20.59 million which comprised of a technical services fee.The top line grew by

Jkh 2q Net Profit Up 29% To Rs.2.6bn

05 Nov 2014

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Premier blue chip John Keells Holdings PLC (JKH) saw its net profit for the quarter ended September 30, 2014 (2Q15) improving 29 percent year-on-year (yoy) to Rs.2.64 billion, despite lagging transportation and logistics sector performance.The earnings per share for the quarter improved to Rs.2.67 from Rs.2.32 reported in the corresponding quarter of the previous year.The revenue for the quarter rose 6 percent yoy to Rs.22.1 billion whi

SLT Rainbow Pages steps into digital media (Video)

05 Nov 2014

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Today, we can see that Information and Communication Technology (ICT) which is playing an enormous role in the digital era, is growing at an unprecedented pace. This has led people to access digital and social media as easy as never before through multitasking digital devices such as smartphones and tabs in addition to laptops and desktops. Among these devices, smartphones and tabs or tablet computers have become closer to people than a

In Sri Lanka, explorer and tea expert Jeff Fuchs finds Ulagalla breakfast ‘irresistible’

04 Nov 2014

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On a six-thousand-kilometre trek across the roof of the world, you need good tea to sustain you. That’s how author and explorer Jeff Fuchs gained the special knowledge that makes him one of today’s leading tea enthusiasts and advocates. His treks across the remote mountains of Tibet and south western China, which he describes in his book, The Ancient Tea Horse Road, brought him into contact with some of the world’s most ancie

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Underground chamber found under the school turns out to be neighbour’s garage

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