Lanka Tiles recognized for social dialogue and workplace collaboration

Lanka Tiles PLC clinched the exemplary Gold Award in the medium scale manufacturing industry segment at the recently concluded ‘Excellence in Social Dialogue and Workplace Collaboration Awards 2017’ held at the BMICH.

Three Sinha receives two Golds at entrepreneur awards

Three Sinha Group of Companies, an organization that constantly strives to break new barriers in the roller door industry, won the Gold Award in Extra Large Category – National Level and the Gold Award in Extra Large Category – Western Province at Sri Lankan Entrepreneur of the Year 2017 Awards Ceremony organized by the Federation of Chambers of Commerce & Industry of Sri Lanka (FCCISL). 

JF Packaging clinches Gold and Silver at Lanka Star Awards

JF Packaging (Pvt) Ltd received two Gold and three Silver Lanka Star awards at the recent Lanka Star Awards for 2017, organized by the Sri Lanka Institute of Packaging.

CATIC-Eng for China and Sri Lanka friendship held in Colombo

The new year sports function of CATIC-Eng (China National Aero Technology International Engineering Corporation) for China and Sri Lanka friendship, the annual function of CATIC Sri Lanka was held at the premises of St. Joseph’s College, Colombo on January 6.

Employment in agriculture sector falls to all-time low

Sri Lankans have been fleeing the weather-stricken agriculture sector for nine months in a row, according to the data released by the Census and Statistics Department last week.

Dimensions Brings the Ancient Art of Energy Healing into 21st Century in Sri Lanka

For thousands of years many cultures around the world have been known to study the various energies tha

The Fairway National Literary Awards 2017

One of the gala events associated with the Fairway Galle Literary Festival is the presentation ceremony of the prestigious Fairway National Literary Awards

MullenLowe and Quantum to Reveal Top 10 Consumer Trends for 2018

Leading integrated communications agency MullenLowe Sri Lanka and premier consumer behaviour specialists company

Allianz Lanka Rewards Grade 5 Scholarship Exam Toppers with Sisu Diriya

Allianz Lanka awarded scholarships to students who had excelled in the Grade 5 scholarship examination

DI heralds a brand-new look

Aleader in leather footwear in Sri Lanka, Ceylon Leather Products PLC announced the re-launch of the brand DI

From challenges to opportunities: The Success of DSI Samson Group

Mr. Kulathunga Rajapakse is no stranger to Sri Lanka’s industry and entrepreneur circles. As Managing Director

Mastercard Leads Conversations at the Digital and Innovation Workshop

Mastercard hosted over 210senior representatives from banking, financial services and retail, as well as other

Sampath Bank Engages With SMEs and Other Stakeholders to Share Knowledge

Continuing to support businesses around the nation, Sampath Bank, one of the leading commercial banks in the country

Ultimate Motorworks launches first fully integrated auto-care workshop

Introducing a novel service concept to the Sri Lankan market, fully integrated auto-care specialists Ultimate Motorworks

Unit trusts make steady progress as tax scare fizzles out

Sri Lanka’s unit trust industry, which once was at the receiving end of losing protectionist-type tax exemptions and lower tax rates, made some steady progress since the new taxes came into effect with the five largest funds making gains in their assets under management (AUM). 

Empowering private sector with talented workforce

An economy is driven by both the public and private sectors, duties of which are clearly defined in economics, in order that economic growth can be further accelerated. The public sector sets the ground, so that the private sector can play efficiently and score. 

A team with shared values creates a proactive workforce

Why should the members of your team get out of bed on a heavy rainy morning and trudge through deep overflowing water to come to work? If your answer is a simplistic ‘because they’re getting paid to do a job’, you probably don’t appreciate the importance of having a clear and compelling team purpose.

SL Economic Association elects new executive committee

The Annual General Meeting of the Sri Lanka Economic Association (SLEA) was held on January 11th 2018 at the auditorium of the Economic Department of University of Colombo. A new Executive Council of SLEA for 2018 was elected unanimously at the AGM.

Malik meets with WEF on eve of Davos Summit

Development Strategies and International Trade Minister Malik Samarawickrama during a two day visit to Geneva recently met with Borge Brende, President of the World Economic Forum (WEF) and senior officials engaged in areas relating to Sri Lanka.

Banking sector asset quality wanes in 2017

The non-performing loans (NPLs) saw a steeper increase in 2017 as over two years of aggressive growth in consumer lending by Lankan banks started hurting their asset quality. 

Sri Lanka, India pledge to increase collaboration in IT

Sri Lanka and India pledged to heighten their cooperation in the field of digital and information technologies yesterday, during the visit of Indian Law and Justice and Electronics and Information Technology Minister Ravi Shankar Prasad.

Visiting Chinese billionaire pledges US $ 30mn investment in SupremeSAT

Xiaoru Cai, a Forbes-listed young billionaire of mainland China, has signed the partnership agreement and committed to invest US $ 30 million into SupremeSAT, the Sri Lankan satellite company, through his Shenzen-listed company, Tatwah Smartech.

NDB introduces cash recycle machine at Hemas Hospitals

In keeping with the bank’s strategy to provide customers with first-class millennial banking experiences, National Development Bank PLC launched a new generation of cash recycling machines (CRM), of which the maiden CRM was deployed at Hemas Hospitals, Wattala.

Basics of technical analysis for sound investment decisions

There are two primary methods used to analyze stocks and make investment decisions: fundamental analysis and technical analysis. 

From challenges to opportunities: The success of DSI Samson Group

Kulathunga Rajapaksa is no stranger to Sri Lanka’s industry and entrepreneur circles.

Asset liability management in banks

One of the key challenges of banks is to maintain equilibrium between inflows and outflows of funds, in terms of size and tenor. 

Seylan Bank recognised at CA Sri Lanka’s 53rd Annual Report Awards

Seylan Bank’s 2016 Annual Report themed ‘It’s all about the Journey’ was recognized with the Bronze Award under banking institutions category at the CA Sri Lanka’s 53rd Annual Report Awards Ceremony recently.

Fitch rates Sampath Bank’s Basel III sub debt ‘A (lka)(EXP)’

Fitch Ratings has assigned Sampath Bank PLC’s (A+(lka)/Negative) proposed Basel III compliant subordinated debentures an expected National Long-Term Rating of ‘A(lka)(EXP)’.  

Singer introduces latest Samsung Smart Convertible refrigerators to Sri Lanka

Singer has been renowned over the years for their vast product portfolio of Samsung household appliances such as televisions, refrigerators, mobile phones, washing machines, microwave ovens and air conditioners.

International Financial Reporting Standard for Sri Lankan insurance industry

Insurance accounting has never been easier for accountants due to the complicated nature of insurance contracts when assessing the liability arising from  insurance contracts.