Watawala Plantations makes donations to Maharagama Cancer Hospital

Watawala Plantations PLC (WATA), a subsidiary of the diversified Sri Lankan conglomerate Sunshine Holdings PLC, handed over hospital furniture, essential medical equipment and medicine to the National Cancer Institute in Maharagama (Apeksha Hospital).

Sadaharitha Plantations presents employees’ children with school supplies

Sadaharitha Plantations Ltd ended 2017 by encouraging the children of employees working in the company’s commercial forestry projects to aspire to achieve academic excellence in the new school year.

Seylan Bank enables Tikiri kids with latest robotic technology

Seylan Tikiri, which has empowered thousands of children by inculcating the habit of savings, embarked on another major initiative, where the bank’s Cinnamon Garden branch successfully concluded the first workshop on educating the nation’s future generation with state-of-the-art robotic technology.

25 Amana Takaful Adhyapana policyholders rewarded for exceptional performance

Amana Takaful (ATL) Adhyapana policy was introduced with the intention of supporting the hard work and dedication of the students who are academically oriented; in the unforeseen circumstances leading to the demise of the parents, the education insurance policy would ensure that all expenses related to the child’s education is well taken care of.

Eswaran Brothers Exports partners Rainco to protect Sri Lanka’s precious trees

Now in it’s third year in a row, Asian Tree of the Year, reinforces its message of raising  awareness about the necessity of positive action to preserve our biodiversity heritage across Asia.

My Friend empowers underprivileged students to stay in school

As part of its annual CSR project, the charitable foundation, My Friend, distributed school packs to students from eight schools around the country.

AIA Sri Lanka inaugurates Executive Development Programme for Sales Managers

AIA Sri Lanka Academy is proud to announce the inauguration of ‘The Executive Development Programme’ (EDP) at the Post-Graduate Institute of Management (PIM).

Nestle signs MoU with Kelaniya University for youth recruitment initiative

Nestle has signed a MoU with the University of Kelaniya’s Department of Marketing Management. The company has come on board as strategic partner for the University’s ‘Certified Professional Marketing Graduate (CPMG)’ programme, which offers high performing students an additional professional qualification in marketing on top of their degree.

Union Assurance acknowledged at prestigious SLITAD Awards 2017

Union Assurance is one of Sri Lanka’s largest providers of life insurance solutions in the country backed by the strength and stability of one of Sri Lanka’s largest conglomerates - John Keells  Holdings PLC.

Toyota Lanka crowns stars at annual Staff Convention and Appreciation Night 2017

Toyota Lanka (Pvt.) Ltd, the National Distributor for Toyota and Hino vehicles in Sri Lanka, recently held its Annual Staff Convention and Appreciation Night to recognise the outstanding performers of 2017.

next Sourcing Long Service Awards 2017 recognises key team members

next Sourcing, a wholly owned subsidiary of the retail clothing and accessory giant next PLC - UK, celebrated its Long Service Awards 2017 at the Park Street Mews Colombo recently.

Sri Lanka: Year in review 2017

An upturn in exports and investment helped counter weaker output from Sri Lanka’s agricultural sector in 2017 facilitating steady growth overall and raising prospects of further gains this year.

Four risks to global economy for Sri Lanka to watch in 2018

The world economy appears to be booming – in its latest World Economic Outlook Update, published on January 22, the International Monetary Fund (IMF) estimated that global gross domestic product (GDP) grew by 3.7 percent last year, up from 3.2 percent in 2016, which is the fastest rate of expansion since 2011. 

Importance of MS and RW batting together

A prominent administrator after reading my column last week wrote to me and said, “Push has come to shove. Sirisena is breathing fire. A drastic change of direction is needed after February 10.”

Mobitel pioneers 4.5G network to revolutionise local mobile telecom industry

Sri Lanka’s National Mobile Service Provider, Mobitel, is proud to be the first to initiate the roll out of the 4.5G network to revolutionise the industry and to significantly enhance user experience for its valued customers.

DirectPay and PayMedia facilitate eLocal government payment services

DirectPay and PayMedia have come forward as pioneers to facilitate eLocal Government service payments that was launched by Telecommunication and Digital Infrastructure Minister Harin Fernando and Provincial Councils and Local Government Minister Faiszer Musthapha recently.

Avian Technologies hosts partner enablement event for Veritas

Avian Technologies (Pvt.) Ltd recently hosted a partner enablement event for Veritas Technologies at the Cinnamon Lakeside.

PM visits pioneer IT operator WNS Global Services Sri Lanka

Prime Minister Ranil Wickremesinghe recently pledged not to waste even an ounce of human talent in Sri Lanka when he addressed the young employees of WNS Global Services (Pvt.) Ltd, one of the pioneer IT/BPM operators in  Sri Lanka.

Huawei introduces first ever facial recognition feature through nova2i

Huawei launched the facial recognition option for their latest smartphone series, the Huawei nova2i.  This is the first occasion a Huawei smartphone comes with a facial recognition feature which is available to existing nova 2i customers by updating to the latest  software version. 

N*Able completes two years of partnership with RAMIS

Led by CEO Peter D’Almeida, N*Able, a prominent and skilled technology services company in Sri Lanka, recently marked the completion of their second year of partnership with state Revenue Administration and Management Information  System (RAMIS).

Walkers Colombo Shipyard launches fourth vessel ‘Sea Gulf 3’

Walkers Colombo Shipyard (Private) Limited, a subsidiary of MTD Walkers PLC, has successfully completed the construction of its fourth vessel, a 10-tonne bollard pull tug ‘Sea Gulf 3’. 

Emirates to launch services to Santiago de Chile via Sao Paulo

Emirates, the world’s best airline according to TripAdvisor 2017, has announced its plan to launch a new, five times a week, service from Dubai to Santiago International Airport (SCL), via the Brazilian city of Sao Paulo, starting on July 5, 2018. 

Hemas Integrated Logistics rebranded as Spectra Integrated Logistics

Hemas Integrated Logistics, known across the industry for its service excellence, proven track record and corporate backing, turned a new chapter in its journey when the company rebranded itself as Spectra Integrated Logistics. 

SL to launch new export strategy to coincide with 70th Independence

Coinciding with Sri Lanka’s 70th Independence Anniversary, the government will be launching a new national export strategy this month in collaboration with the government of Singapore, following the strengthening of bilateral relations last month.

National Economic Council in top gear to fulfil country’s economic agenda

The National Economic Council (NEC), Sri Lanka’s apex economic policy advisory body chaired by President Maithripala Sirisena, is gearing to expand its scope of work within its mandate by this April, NEC Secretary General Prof. Lalith P. Samarakoon said.

December sees second lowest vehicle registrations in 2017

The number of vehicles registered in Sri Lanka during December 2017 fell to the second lowest level in 2017, with the only noteworthy positive development coming from the small hybrid car segment due to recent tax revisions in the budget.

NDB records strong December; full year profit up 38%

National Development Bank PLC (NDB), becoming the first bank to release December quarter (4Q17) earnings, reported group earnings of Rs.7.10 a share or Rs.1.20 billion compared to the Rs. 4.41 a share or Rs.726.1 million reported for the same period, last year. 

Chevron’s Lankan unit December quarter net down 21%

Chevron Lubricants (Lanka) PLC, the leader in Sri Lanka’s lubricant market, saw its December quarter (4Q17) earnings narrowing 21 percent t year-on-year (YoY) to Rs.549.2 million, the interim financial accounts released to the Colombo Stock Exchange showed yesterday.

Janashakthi Insurance says in talks to divest general insurance arm

Schaffter family controlled Janashakthi Insurance PLC (JINS) yesterday confirmed market speculations that they were in talks to sell their general insurance business carried out by fully owned subsidiary Janashakthi General Insurance Limited.

Higher tea prices boost glove maker Dipped Products 3Q

Dipped Products PLC reported a jump in earnings in its December quarter as the company’s non-medical gloves received an unprecedented fillip from its plantation business.