Lessons in CEO communication from Donald Trump

This week’s State of the Union (SOTU) address by American President Donald J. Trump offers instructive lessons on CEO communication. Immediately after his address, Trump’s job approval rating shot up from 32 percent to 42 percent (CNN). His detractors will be quick to point out that his tweets will bring down this figure in no time.

How will India contend with China’s growing power?

China and India have a complex and prickly relationship: a consequence of geography, history and recent experiences between the two. An unresolved territorial and border dispute led to a brief war between the two countries in October 1962 and the humiliation of India in that confrontation remains part of its collective national memory. This reality shapes India’s response to China’s increasing influence and power in the 

City branding for urban development in Sri Lanka

The cities in emerging markets are driving for the most significant economic growth regionally and globally. Research projections show that 440 emerging market cities will account for close to half of the expected global gross domestic product growth between 2010 and 2025. The nations are focusing on building globally competitive cities, whereas many cities in the world have well embraced with the concept of city branding in the transformation of

CSE records strongest ever start to a year in foreign investment

Record-breaking foreign investment in the Sri Lankan stock market has continued into 2018, with Rs.4 billion in net foreign purchases during the month of January – a new record for the first month of any given year. The month recorded Rs.10.7 billion in foreign purchases in the market, while foreign investors made sales worth Rs.6.7 billion, which has established a record-breaking start to the year in terms of net foreign purchases. In 

447 Luna Tower partners with leading banks

The Developer of luxury condominium ‘447 Luna Tower’ Union Place Apartments (Pvt.) Ltd, a member of Belluna Co. Ltd, Japan, in alliance with Asia Capital PLC, partners with leading banks to offer buyers special rates.

Landmark Developers launches ‘Comfort Dwellings’ affordable housing concept

Landmark Developers, Sri Lanka’s new property developer with innovative concepts and ideas for modern homes, has launched ‘Comfort Dwellings’, a brand-new affordable housing concept for the new year.

Blue Ocean Group recognised among Asia’s 100 Greatest Brands

Blue Ocean Group and its leadership were duly recognised with top international honours yet again when the group was recognised as one of Asia’s greatest brands under the Emerging Brands category.

Softlogic Properties brings Everest Apartments to city dwellers

Softlogic Properties (Pvt.) Ltd, a fully owned subsidiary of Softlogic Holdings PLC, brings city dwellers affordable luxury apartments in Colombo’s most prestigious residential area- De Fonseka Road, Colombo 04, featuring 25 well thought-out eco-friendly dwelling units on six floors, ranging from one to five bedroom spaces.

LankaPropertyWeb.com to host Lanka Property Show 2018

LankaPropertyWeb.com, Sri Lanka’s leading property website, is gearing up for the Lanka Property Show 2018 to be held from 10:00a.m. to 8:00p.m. on February 16th and 17th at the Kingsbury Hotel’s 

Esri taps Mobileye sensors to turn transit fleets into rolling data feeds

Self-driving cars will one day have a big impact on urban traffic, but ahead of that tech companies are offering cities new cloud-connected tools to more effectively monitor and improve the flow of people, vehicles and goods.

Key steps to create engaging employer brand

A good salary is no longer the key criteria for job seekers. They are seeking out brands that not only pay fairly, but also have common values and a reputation of putting employees first. 

Fortinet offers essential cyber-safety tips on Safer Internet Day

Fortinet–a global leader in broad, integrated and automated cybersecurity solutions has offered safety tips to all internet users to commemorate ‘Safer Internet Day’ being celebrated globally on  February 6. 

Mitra Innovation and United Planet seal strategic enterprise portal partnership

The classic intranet is dead. As platforms purely for information they have offered too little additional value and many companies have been replacing them with effective enterprise portals. 

Virtusa showcases innovation and tech prowess during tech month

Virtusa announced the launch of ‘Virtusa Tech Month’, a celebration of the company’s innovative spirit and technology leadership, at its Colombo Advanced Technology Center recently.

Sarvodaya Development Finance: Unfolding the success story of a pioneer in microfinance

Sarvodaya Development Finance Ltd (SDF), a brainchild of the globally renowned Sarvodaya Movement, is a financial firm specialised in empowering the grassroot communities with financial solutions. Staying abreast of modern technology and innovation, SDF has created new avenues and continuously supported the growth of aspiring micro, small and medium entrepreneurs throughout the island. In 

Dimo partners HNB to enable Mercedes-Benz and Jeep purchase solutions

Once again demonstrating their strong commitment towards customer-focused service, Diesel and Motor Engineering PLC (Dimo) announced a partnership with Hatton National Bank (HNB) that will provide faster, easier, and more accessible leasing options for clients purchasing Mercedes-Benz vehicles.

HNB rolls out 600th smart self service sachine

HNB PLC announced further expansion to its cash withdrawal and deposit touch-points, providing customers with more convenience to make cash withdrawals and deposits.

ComBank sets new ATM withdrawal record in December 2017

The Commercial Bank of Ceylon dispensed an astounding Rs.50.769 billion in cash through its automated teller machines (ATMs) in December 2017, setting a new record and achieving an important milestone in such disbursements.

CDB expands wings with launch of latest branch in Ampara

Having carved its name as a business entity that proudly upholds the vision of being a financial powerhouse that will foster entrepreneurial innovation and workmanship, Citizens Development Business Finance PLC (CDB) opened its newest branch in the city of the Eastern province of Sri Lanka Ampara.

SLIA 36th Annual Sessions to kick off this month with A18

The 36th Annual Sessions of the Sri Lanka Institute of Architects (SLIA) is about to bring in novelty and originality to the architecture arena, as the annual sessions will be held from February 21st to 25th 2018 at the 

Global and local outlook on chrysotile fibre cement roofing sheets

Asbestos is in fact a set of six naturally occurring silicate minerals, which comes under two contrasting groups, Serpentine and Amphibole. Serpentine group consists of only chrysotile, while amphibole group comprises crocidolite, amosite, anthophyllite, tremolite, and actinolite. While other varieties of asbestos have ceased to exist in the commercial world, chrysotile continues to be used by 150 countries across the world including the USA, and

Watawala Plantations sees fall in profits; but remains confident of palm oil, dairy sectors

Watawala Plantations PLC (WATA) reported subdued financial performance for its most recent quarter, as the group which specialises in palm oil, suffered a setback in both top and bottom lines while the start-up losses of the group’s dairy business erased further profits.  Releasing the first interim results after it spun off the group’s upcountry tea business, WATA reported earnings of 85 cents per 

Bangladesh to sue Manila bank over US $81mn heist

DHAKA (REUTERS): Bangladesh’s Central Bank will file a lawsuit against a Philippines bank over its role in one of the world’s biggest cyber-heists two years ago, a deputy governor said on Wednesday.

Higher raw material costs dim SL’s largest poultry firm’s Dec. profits

Sri Lanka’s largest poultry operator, Ceylon Grain Elevators PLC (GRAN), reported weaker financial performance during the December quarter as the rise in production costs surpassed the virtually flat growth in the top line. 

Higher raw material costs dim SL’s largest poultry firm’s Dec. profits

Sri Lanka’s largest poultry operator, Ceylon Grain Elevators PLC (GRAN), reported weaker financial performance during the December quarter as the rise in production costs surpassed the virtually flat growth in the top line. 

Stocks rise to 3-mth high on foreign buying

REUTERS: Sri Lankan shares rose to their highest close in three months yesterday as foreign investors picked up blue chip stocks such as conglomerate John Keells Holdings Plc. 

Tess Agro announces rights issue to settle bank borrowings

Fisheries products exporter Tess Agro on Wednesday disclosed plans to raise Rs.59 million via a rights issue.

SL-S’pore FTA sparks investment interest among NZ firms

The recently signed Sri Lanka-Singapore Free Trade Agreement has been able to create a lot of enthusiasm among New Zealand companies operating in Singapore, India and Middle East to look for opportunities in investing in Sri Lanka, Sri Lanka-Australia-New Zealand Business Council (SLANZBC) said. 

Change likely in tax liability of foreigners on govt. securities

The government is likely to exempt the income tax liability on interest or discount paid to non-residents on rupee-denominated sovereign bonds, under the new Inland Revenue Act.

Web-based single window for biz registration from this April

A Memorandum of Understanding (MOU) has been signed between the Department of the Registrar of Companies and the Department of Labour to share information between the two departments for the establishment of a web-based single window for business registration.