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The Financial: Asia Pacific’s office property markets are expected to stay strong in 2018, driven by healthy levels in office occupancy and rent growth as new supply peaks during the year, according to Cushman and Wakefield’s 2018 Asia Pacific Forecast.
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Lavanka Property Developers won the Shramabhimanee Business Excellence Award 2017 at the recently concluded ceremony held at the BMICH. This award ceremony is organised once a year to reward business and social community who serve the betterment of
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EliSh Development (Pvt.) Ltd of The Flemington fame is all set to begin construction on its next flagship project, The Flemington 103 Campbell, a condominium complex built to the highest international specifications, with an emphasis on 21st century urban family life.
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An Internet search on a website called ‘bigthink.com’ gives a patient per doctor map of the world, where the topmost country listed is Cuba, with a ratio of 170 patients per doctor. Belarus and Belgium come a close second with 220, while Greece and Russia are at 230.
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2018 has already been unofficially declared as the year of the electric car. The next 12 months are likely to bring us closer to the dawn of a new era of renewable energy, when electric batteries will power many of the world’s cars, homes and indeed entire communities.
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Ceylon Cold Stores PLC, a unit of the John Keells group, which has interests in soft drinks, ice creams and supermarkets, saw a significant fall in its December quarter earnings amid higher sales costs, the interim accounts released to the Colombo bourse showed.
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REUTERS: Sri Lankan shares declined yesterday, marking their eighth session of fall in nine, as investors sold banking stocks in dull trade. The Colombo Stock index ended 0.34 percent weaker at 6,421.40. On Thursday, it closed at its lowest since December 29.
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Trans Asia Hotels PLC saw its earnings halved during the December quarter compared with the corresponding quarter of the previous year amid lower top line gains, the interim financial accounts released to the Colombo Stock Exchange showed.
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Sri Lanka’s Credence Genomics will collaborate with India’s Apollo Hospitals Group to provide cutting-edge diagnostic services for infectious diseases for patients in India, starting with Chennai, Tamil Nadu.
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Striking a heavy blow to the aspirations of the Ceylon Electricity Board (CEB) engineers to include coal in Sri Lanka’s future power generation mix, their peers working at the Norochcholai coal power plant have in a petition noted that fly ash from the plant is becoming an unbearable health hazard for the power plant’s employees and nearby villages.
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Sri Lanka’s plans to nurture small and medium-sized enterprises, as part of its longer-term bid to achieve upper-middle-income status, will be explored in a report due out in the coming months by the global research and consultancy firm Oxford Business Group (OBG).
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According to a World Bank report titled ‘The challenge of youth employment in Sri Lanka’ educated young people make up a third of Sri Lanka’s unemployed, while young workers in informal employment account for a third of the total workforce.
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A permanent shift in the international prices of liquefied petroleum gas (LPG) has been taking place during the past few months fuelled mainly by the price fluctuations of the Saudi Aramco contract price (CP) of LPG. The Saudi Armaco CP is the key global benchmark of LPG price regulations in Arabian Gulf and Asian region and by February 2017, the CP price rose by 20 percent in comparison to the price range recorded in the previous month.
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The traditional role played by economists is restricted to forecasting economic issues, outlining the ways in which they can be economically tackled and finally contributing towards economic policy-making. Hence, one can criticize that economists play an advisory role rather than actively contributing to the production process in the economy.
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Staying indoors to stay away from soaring heat can be always tricky when there is less protection from sunlight, ultraviolet (UV) and infrared rays (IRs). However, the perfect solution for that has already hit the Lankan market.
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Continuing to lend its support to government retirees, Sampath Bank scaled up the benefits being offered to them under the Sampath Samachara Government Pensioners Loan scheme. The bank has raised the upper limit on this unique loan designed specifically for government retirees to Rs.2 million.
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Fortinet, a global leader in broad, integrated and automated cyber security solutions, warned Chief information security officers (CISOs) that the significant rise of bring-your-own-device (BYOD) and bring-your-own-application (BYOA) usage among today’s mobile workforce across Asia Pacific (APAC) are exposing corporate networks to more complex cyber security issues through shadow IT, data leakage and the cloud.
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One of Sri Lanka’s frontline joss stick producing companies,Thai Sumeda Enterprises under the trade name of Lanka Sumeda has introduced its latest mosquito repellent joss stick to the local market. Lanka Sumeda is manufactured using natural herbs such as Citronella, Lemongrass and Cinnamon and will come in the form of joss sticks to the hand of the consumers that imparts the fragrance of Citronella.
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Avian Technologies (Pvt.) Ltd held the Kaspersky Awards Night 2018 at the Water’s Edge recently. Sixteen partners and corporates received accolades for their performance in the year 2017. Present as Chief Guest was Kaspersky Lab South Asia General Manager Shrenik Bhayani who was accompanied by Kaspersky Lab South Asia Online Sales Manager Purshottam Bhatia along with Avian Technologies Directors Buddhika Liyanage and Ranil Francisco.