Everything about you will be connected in future: Google

In the next 4 or 5 years, just about everyone and everything will be connected, and it is harder to predict what will happen in the next 10-20 years or beyond, according to a Google official who was speaking about the future of technology, at the Millennium Information Technologies (MIT) yesterday.

Hayleys MGT gets nod for name change

?A special resolution to change the name Hayleys MGT Knitting Mills PLC to Hayleys Fabric PLC was unanimously approved by the shareholders at an Extraordinary General Meeting (EGM) held yesterday.

Fitch cautions over volatile external front

International ratings agency Fitch Ratings warned Sri Lanka against ludicrous policies, persistent uncertainties in the political frontier and weakening foreign reserves while reaffirming the sovereign at ‘BB-’/Stable for the second quarter of 2015.

BOI signs Rs.24.6bn worth investment agreements in first five months

?Sri Lanka’ apex investment promotion body, Board of Investment (BOI) yesterday said it signed investment agreements amounting to estimated Rs.24.6 billion during the first five months of the year.

Citrus Kalpitiya plan gets shareholder nod

?The shareholders of Kalpitiya Beach Resort PLC unanimously approved the plans of the board of directors to build 60-room Ayurveda and Spa Resort as an alternative first phase of development of ‘Citrus Kalpitiya’, during an Extraordinary General Meeting (EGM) held last week.

Japan confirms plan to resume whale hunt

?AFP: Japan’s chief whaling negotiator confirmed yesterday its ships would return to the Antarctic this year, despite a call by global regulators to provide more evidence that the hunt has a scientific purpose.

Senthilverl ups Watawala stake over 10%

?High-net-worth investor Dr. T. Senthilverl has upped his stake in Watawala Plantations PLC over 10 percent.

Japan lends Rs.27bn to upgrade electricity transmission and distribution network

?The Government of Japan extended a yen loan amounting to 24,930 million Japanese yen (approximately Rs.27.4 billion) to Sri Lanka towards the national transmission and distribution network development. 

Epic charts strategic direction with MTI

?Sri Lanka’s leading technology provider in secure payment automation and information systems security solutions, Epic Lanka has commenced implementing its strategic directional plan that was developed in conjunction with MTI Consulting. 

Tudawe Trading revolutionises local industries with steam cleaning

?Tudawe Trading together with SJE Corporation of Korea recently launched a green revolution in the cleaning industry in Sri Lanka with the introduction of the Optima range of steam cleaning machines to the local market.

Expolanka sponsored Venture Engine wins at Asia Responsible Entrepreneurship Awards

?Asia Responsible Entrepreneurship Awards programme 2014 (AREA) held in Macau on 19th of June honoured Expolanka Holdings PLC for the Group’s involvement in the entrepreneurship development programme, ‘Venture Engine’. 

CNCI Achiever Awards application closes on June 30

?The Ceylon National Chamber of Industries (CNCI) started issuing applications for the “Achievers’ Awards – 2015” after its launch in mid March 2015.  

Adfactors PR is PRWeek’s ‘South Asia Agency of the Year 2015’

?India’s number one public relations firm, Adfactors PR, has been awarded with the title of ‘South Asia Agency of the Year 2015’ by PRWeek, a globally renowned publication.

Hayleys Agriculture Holdings wins Asia’s Responsible Entrepreneurship Award in Social Empowerment ca

?The very ethos and business philosophy of Hayleys Agriculture Holdings is to serve the farming community through Agri inputs and value-added services that are made available through its islandwide network. 

Glyphosate ban to worsen tea industry woes

The troubles of the country’s tea industry are likely to be worsened with the recently enacted presidential ban on the herbicide, glyphosate, which has had no reports of ill effects on residents across the tea plantation areas so far. 

‘Sri Lanka’s Global Economic Strategy’ to be discussed at Economic Summit

?Upcoming ‘Sri Lanka Economic Forum 2015’, the country’s top economic forum held annually, will discuss the importance of establishing ‘A New Global Economic Strategy For Sri Lanka’.

Shares edge up; political woes hurt sentiment

?REUTERS: Sri Lankan shares inched up yesterday, recovering from a two-month low hit in the previous session, led by large caps, but trading was choppy as political woes ahead of an announcement on parliamentary election date weighed on sentiment.

Exciting offers for Sampath credit cardholders at World Duty Free

?SampathCards has partnered with World Duty Free, Sri Lanka. Continuously amplifying and expanding its nexus of partnerships in order to provide a host of unparalleled benefits to its credit cardholders...

DSI opens 5th showroom in Galle

?With the aim of unleashing another expansive approach in the form of the 203rd showroom, DSI has branched out in Wakwella Road, located in Galle, with yet another copious product offering for shoe shoppers down south. 

Dr. Muthumala nominated for Queen’s birthday honours

?Dr. Daniel Muthumala, who had served at a senior level in the Sri Lankan public sector and now living in New Zealand, has been honoured by the queen on her birthday in June 2015. 

Eagle Logistics corporate office in new location

?Eagle Logistics Colombo moved their corporate office to a new location on June 18th at R A De Mel Mawatha , Colombo 03. 

Uncommon Homes’ Ratnapura showroom moves to spacious location

?The Ratnapura Showroom of ‘Uncommon Homes’, the fully-fledged modern destination, which offer customers the latest, internationally-renowned bathware, sanitary ware and tiles under one roof, was shifted to a new location at Maha Veediya, Kadugalwatta.

Metropolitan and Jayasekera Enterprise conduct photography workshop in Matara

?Metropolitan PhotoHub (Pvt) Ltd together with Jayasekera Enterprises Matara organised ”Click with EOS”, a full-day seminar and workshop at the Solis Hotel in Matara.

ZILLIONe Awards Night recognizes best talent

?ZILLIONe recently held their Annual Awards Night at Hotel Galadari.  The event was held   to recognize employees who have been instrumental for the organizations success during the last financial year and to reward them   for their hard work and commitment.

Moody’s cautions on deficit target over revenue shortfalls

?Global credit rating agency Moody’s Investor Services in a recent credit upgrade said Sri Lanka’s budget deficit target is at risk due to possible shortfalls in revenue.

Serendib Hotels eyeing new markets

?Serendib Hotels PLC, the leisure arm of Hemas group has embarked on a more focused approach to lure tourists from new markets, in addition to its traditional European clientele. 

AGM rush continues

?In a continuation of bizarre corporate and regulatory behaviour, 25 listed companies on the Colombo Stock Exchange will be holding their Annual General Meetings (AGM) this week.

Anti-dumping laws in the offing

Anti-dumping legislations to protect local industries against players flooding the market with cheaper foreign goods will be forwarded to parliament within the next 2-3 months, according to the Finance Minister Ravi Karunanayake. 

President to open The Steuart by Citrus

?The Steuart by Citrus, the latest addition to Colombo city’s tourism offering will be declared open on June 26, by President Maithripala Sirisena.

HR expert urges to cater ‘Generation Y’ to improve workplace performance

A top human resources practitioner recently stressed on the importance of  catering to the needs of ‘Generation Y’ in order to increase and improve performances of workplaces, both public and private.