2017 safest year on record for commercial passenger air travel

REUTERS:  Airlines recorded zero accident deaths in commercial passenger jets last year, according to a Dutch consulting firm and an aviation safety group that tracks crashes, making 2017 the safest year on record for commercial air travel.

Smart ATM Solution by Virtusa recognised at IBA 2017

Virtusa Corporation, a global business consulting and IT outsourcing company, announced that it has been awarded a Bronze Stevie Award at the 2017 International Business Awards (IBA) for Best New FinTech Product or Service of the Year for the company’s Smart ATM solution, a unique thin client application.

Environment-friendly candidate for CMC

As part of his environment and ecological-friendly election campaign, Sampath Rambukkanage, the candidate for Pamankade (East) in the Colombo Municipal Council (CMC), is using a small fully electric car as his mode of personal transport.

Seize the Asian century: Why India and China must take the lead

The old economic order is dead but India and China must take the lead to preserve its successes. Eighteen years ago, as the millennium drew to a close, the annual ministerial meeting of the World Trade Organisation (WTO) in Seattle in the US was derailed by the fury of thousands of street protestors denouncing the forces of globalisation and the governments which represented them. 

Planters’ Association appoints Lalith Obeyesekere as Secretary General

The Planters’ Association of Ceylon (PA) has appointed Lalith Obeyesekere as its Secretary General, effective January 1, 2018. 

Grundfos appoints new head for Asia Pacific region

Leading pump manufacturer Grundfos has announced the appointment of Kim Jensen to the role of Group Senior Vice President and Regional Managing Director of Grundfos Asia Pacific region with effect from January 1, 2018.  

CPC signs agreement to initiate aviation fuel supply project

The agreement to initiate constructing a pipeline to supply aviation fuel from Muthurajawela to Bandaranaike International Airport (BIA) has been signed at Ceylon Petroleum Corporation (CPC), headed by CPC Chairman Dammika Ranatunga.

Justin Whyte Quartet featuring Jerome Speldewinde Jazz up Colombo

The City of Colombo will reverberate to the smoky sounds of the magical Justin Whyte Quartet on Friday the

SLAITO and THASL hail the upcoming promotion plan of Sri Lanka Tourism

In a joint communique, The Sri Lanka Association of Inbound Tour Operators (SLAITO) and The Hotel Association of Sri Lanka

KTI opens Farlin Baby Store at Ninewells Hospital

Kiddies & Toys International (KTI), Sri Lanka’s leading distributor of premium mother and childcare brands, in partnership

CAL revolutionizes the bond market with the launch of CALiper

In an effort to take government securities trading to the future and make it more accessible to all, CAL (Capital Alliance) recently 

Stock market indicates positive trends

The Colombo Stock Exchange (CSE), the country’s only capital market, can be considered a barometer of the economy, as it is economically sensitive and quick to respond. 

Virtusa’s Smart ATM Solution Recognized at The International Business Awards

Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerate

Contrarian investing is a rational approach to investing

Last week’s article discussed the global stock market trends for 2018 and introduced contrarian investing as a suitable approach towards maximizing returns. Thus, this article will unfold the basic philosophy of contrarian investing.

JF Packaging recognized as ‘Most Awarded Flexible Packaging Company’

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.

Sritrims celebrates 21st anniversary

 Sritrims celebrated its 21st anniversary recently. A wholly Sri Lankan owned company, Sritrims was established in 1996, and with gradual expansion, full

Shalin Balasuriya among Ten Outstanding Young Persons

In the category of business, economic and/or entrepreneurial accomplishment at the awards ceremony held December 16th last year.

FPA Sri Lanka introduces SKYN condom brand to its portfolio

The Family Planning Association of Sri Lanka (FPA Sri Lanka) recently launched the latest ‘SKYN’ condom brand to its wide array of contraceptives, at a grand launch event held at the Shangri-La Hotel.

wOw.lk introduces sizzling Nikai range of cookers and ovens

wOw.lk, the largest e-commerce website in Sri Lanka, launched the high performance Nikai range of Ovens to Sri Lanka recently. 

CIC wins national award for innovative agriculture research work

CIC Holdings PLC was adjudged the winner of the most innovative research in non-plantation agriculture sector by the Sri Lanka Council for Agricultural Research Policy (SLCARP) at a ceremony held at Institute of Policy Studies (IPS) Colombo recently. 

MTD Walkers wins Gold at People’s Development Awards

Sri Lanka’s leading integrated infrastructure and engineering solutions provider MTD Walkers PLC won the Gold award in the Construction Sector at the recently concluded SLITAD People’s Development Awards 2017.

PIM Alumni holds strategic business insights workshop

The Postgraduate Institute of Management Alumni Association (PIMA), University of Sri Jayewardenepura, successfully concluded ‘Learning Beyond MBA: A Special Workshop on Strategic Business Insights’ recently, at the Postgraduate Institute of Management (PIM), University of Sri Jayewardenepura.

National Chamber to hold ‘How to make people want to work for you’ seminar

The National Chamber of Commerce of Sri Lanka (NCCSL) in collaboration with The HR Consortium (Pvt.) Ltd and Second Curve (Pvt.) Ltd will hold a half-day seminar on ‘How to make people want to work for you’, on Thursday, January 18, 2018, from 9:00 a.m. to 12:30 p.m., at the National Chamber auditorium, No: 450, D R Wijewardene Mawatha, Colombo 10. 

High-performing teams consist only of those who never lose sight of their goals

Any commercial organisation is, by definition, a collection or teams of people who work together to achieve a purpose, often expressed as the organisation’s goals, objectives or targets.

Union Assurance receives continuous recognition at NBEA 2017

Union Assurance (UA) received continuous recognition for implementing and executing high quality business processes and practices at the National Business Excellence Awards (NBEA) during the past years.

Softlogic Finance opens 35th branch in Gampaha

Continuing on its journey to better serve a growing base of valued customers, Softlogic Finance PLC announced the further expansion of its branch network with the opening of its 35th fully-fledged new branch in Gampaha.

People’s Bank staff welcomes 2018 by giving service oath

The staff of People’s Bank commenced operations in the New Year by giving the service oath.

New Sathosa Mega Outlet in Welisara equipped with Combank ATM

Commercial Bank of Ceylon (Combank) has installed an automated teller machine (ATM) at the refurbished Sathosa Mega Outlet in Welisara. The Prime Minister Ranil Wickramasinghe who formally declared open the new look Sathosa Mega Outlet also unveiled the ATM to the public.

NDB conferred for initiatives carried out in 2017

Each year, the National Development Bank PLC (NDB) has been crowned with prestige, further enhancing its stature in the banking world. Similarly, NDB conferred with another set of awards and accolades presented from both local and international organisations.

HSBC launches first ever Visa Cashback card in Sri Lanka

HSBC, continuously revolutionising the credit card industry for over two decades,has joined hands with Visa International to introduce Sri Lanka’s first ever Visa Platinum Cashback card.