SLIA signs MoUs with key sponsors for Annual Sessions 2018

The signing ceremony of the Memorandum of Understanding with Sri Lanka Institute of Architects (SLIA) and its sponsors for the sessions 2018/2019 was recently held at Hotel Galadari.

Luxury, a way of life at 333 Pinnacle

Seven glorious penthouses with floor-to-ceiling, panoramic ocean views is only the beginning. Throw in a 80-foot infinity pool, a fully-equipped gymnasium, stylish lounging areas and a rooftop clubhouse.

Sanken Group completes one year of Capitol TwinPeaks

Sanken Construction is going full steam ahead with the construction of the iconic Capitol TwinPeaks and in fact is well ahead of schedule.

Prime Heritage Galle; new addition to Dickson Road’s proud legacy

Officially the capital of the Southern Province, Galle, a city in the South where the east met west, was renowned world-over as a jewel of this paradise island’s fortune. An astonishing landmark from the days of the Arab merchants to the colonial masters of the Dutch and the British.

Global Housing and Real Estate unveils ‘Aurora Residencies’ in Battaramulla

One of the topmost construction companies in Sri Lanka, Global Housing and Real Estate (Pvt.) Ltd has commenced the construction of its newest luxury housing project in Battaramulla.

Change can only be effective when given a chance to take root and sustained over time

How can we check whether our change management project was a success? This is an interesting question that can be both simple and complex. 

MTI insights on employee engagement at Spain Euro-Conference

MTI’s HR thought leadership team, led by Darshan Singh, was selected by the CMAE European Conference in Spain, to share the learnings and research findings to 135 leaders and managers from 23 countries around the world.

IPM Sri Lanka crowned as overall winner at National Business Excellence Awards

IPM Sri Lanka – the nation’s leader in human resource management, achieved the pinnacle of excellence when it was crowned as the winner at National Business Excellence Awards (NBEA) 2017 in the educational services sector at a glittering awards ceremony held at The Hilton Colombo recently.

EY programme to allow people to earn credentials in future-focused skills

EY announced it will introduce a new programme that will enable its people to invest in their own careers by earning digital credentials in skills that differentiate them in the market, such as data visualisation, artificial intelligence (AI), data transformation and information strategy.

Constituent changes to S&P Sri Lanka 20 Index

The Colombo Stock Exchange (CSE) announces the following changes in the S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2017 year-end index rebalance.

Stocks and your portfolio: Keep an eye on concentration risk

When investing in the stock market, a diversified portfolio tends to be harder to achieve than simply following the mantra: don’t put all your investment eggs in one basket. This basic strategy can help but it is often not enough to avoid concentration risk—the risk of amplified losses that may occur from having a large portion of your holdings in a particular investment, asset class or market segment relative to your overall portfoli

Futures may legitimize Bitcoin, but let it infect other markets

Bitcoin is taking its first steps toward becoming a legitimate investment vehicle with the creation of futures contracts in the crypto-currency this month, moves which may also allow it to infect wider financial market stability for the first time.

Siyapatha Finance unveils new branch in Panadura

Leading financial organisation Siyapatha Finance PLC celebrated the opening of a new branch in Panadura recently.

Think big, start small with NDB Wealth Money Plus for kids

With Christmas almost upon us, there is a tendency to spend too much on gifts, which only benefit your children over the very short term.

Commercial Bank conducts 67th seminar for SME entrepreneurs

Commercial Bank of Ceylon recently conducted its 67th entrepreneur development seminar as part of its ongoing initiative to develop the entrepreneurship skills of SMEs in the country.

HNB Grameen Finance offers best leasing options for 660cc vehicles

HNB Grameen Finance Ltd recently announced a very attractive leasing package with superior benefits for both registered and unregistered 660cc vehicles. This promotion will be valid for three months and will offer customers a host of benefits including competitive interest rates, residual value and structured leases, personalised one-day service, doorstep assistance, with vehicles registration and insurance.

Bank of Ceylon launches digital passbook on real time access

Bank of Ceylon, moving towards futuristic e-banking, launched ‘Smart Passbook’ honoured by the presence of Chairman Ronald C. Perera, President’s Counsel General Manager D.M. Gunasekera along with the Corporate and Executive Management at Bank of Ceylon Head Office.

People’s Bank credit cards enhance seasonal joy

As a customer centric bank, People’s Bank is committed to fulfilling the hopes and aspirations of its loyal credit card base. People’s Bank Retail Banking Senior Deputy General Manager K.B. Rajapakse shares exciting news about the bank’s amazing offer for the festive season.

Sri Lankan ICT industry creates history at APICTA Awards 2017

The Asia Pacific ICT Alliance (APICTA) conducted its Annual ICT Awards competition in Dhaka, Bangladesh from December 7th to 10th 2017.

Technocity recognised for outstanding PC and Laptop sales in Sri Lanka

Technocity (Pvt.) Ltd, one of the leading distributors in Sri Lanka for HP products and services was recognised for its outstanding contribution for PC and Laptop sales in Sri Lanka for 2017.

Mobitel X Station facilitates first-ever 3D-printing camp for school students

Sri Lanka’s National Mobile Service Provider, Mobitel, recently partnered with RCS2 Technologies (Pvt.) Ltd and the Ministry of Education to organise a 3D-printing camp for school students at the Mobitel’s Internet of Things (IoT) Concept Store X Station.

US Embassy joins ICTA to organise Knowledge Sharing Session

On December 14th, the United States Embassy in Sri Lanka together with the Information and Communication Technology Agency of Sri Lanka (ICTA) organised a lessons-learnt and knowledge sharing session at the American Center in Colombo on the Global Entrepreneurship Summit (GES) 2017 that was held in India last month. The delegates who represented Sri Lanka shared the knowledge gained from the summit with the startup ecosystem in Sri Lanka.

Organisations at high risk from cyber attacks

Organisations believe that today’s cyber-threat landscape places them at high risk of cyber-attacks, according to the 20th annual EY Global Information Security Survey (GISS), Cybersecurity regained: preparing to face cyber attacks.

Inter-City Rotary holds meeting in honour of visiting President

The Inter-City Rotary meeting in honour of the visiting Rotary International President Ian Riseley was held recently. 

CMA to hold seminar on ‘Understanding New Foreign Exchange’

The Institute of Certified Management Accountants of Sri Lanka (CMA) will conduct a seminar on ‘Understanding New Foreign Exchange Act No. 12 2017’ on Thursday, 21st December from 1.00 p.m. to 5.00 p.m. at the Taj Samudra Hotel.

MTI idea2fund’s Bakamuna volunteers art-therapy for learning difficulties

MTI idea2fund’s Bakamuna collaborated with the Learning Support Unit of Lyceum International School, Nugegoda (LN) for two mixed media art workshops which were held recently at the school premises. Bakamuna is a mixed media lifestyle design brand enabled by MTI Consulting’s idea2fund.

Education and skills training vital for accelerating progress in South Asia: ADB

South Asia’s education and skills training remain binding constraints as the sub region’s countries play catch-up with more successful Asian economies, according to a report released by the Asian Development Bank (ADB).

Sampath Bank’s Rs.6bn convertible debt issue oversubscribed

The Rs. 6 billion BASEL III compliant convertible debenture issue of Sampath Bank PLC was oversubscribed the day it was opened on the Colombo Stock Exchange last Friday, a disclosure to the trading floor said.

Economic growth slows to 3.3% in 3Q

The Sri Lankan economy grew by 3.3 percent during the third quarter of 2017 (3Q17) compared to the corresponding quarter of last year, with continued contraction in the agriculture sector and slower growth in industrial activity contributing to the low growth rate, according to the Census and Statistics Department.

Singer sells Rs.1bn worth Huawei smartphones in one month

Singer Sri Lanka, the exclusive national distributor for Huawei smartphones said it surpassed Rs.1 billion sales of Huawei smartphones for the month of November, 2017.