DFCC Bank rewards employees for excellence

DFCC Bank held its ‘Rewarding Excellence’ Quarterly Human Resource (HR) Awards recently amidst a strong mood of fellowship

Amãna Takaful relocates its Matale branch

Amãna Takaful PLC (ATL) the only fully-fledged Takaful operator in the country and the flag bearer of the Takaful way of insurance in

A List of the Season’s Favorites from Cool Kidz

The 2017 holiday season is upon us. The time of the year when we are all looking to indulge our loved ones and ourselves

Sampath Bank Rewards Grade 5 Scholarship Top Performers

Sampath Bank gave away special rewards to 25 students who had excelled in the Grade 5 Scholarship examination

Rupee ends firmer on remittances

REUTERS: The Sri Lankan rupee closed firmer yesterday helped by year-end remittances and selling of the US currency by exporters, dealers said. The spot rupee ended at 153.00/10 per dollar, compared with Friday’s close of 153.05/10.

Victims affected by incremental weather receive new roofing sheets

The Hill Country, New Villages, Infrastructure and Community Development Ministry in collaboration with the Plantation Human Development Trust, Hatton, issued new roofing sheets to the victims who were affected by the incremental weather experienced on November 29 and 30, 2017.

Habitat for Humanity marks World Habitat Day

Habitat for Humanity Sri Lanka marked the World Habitat Day with a month-long string of activities to build houses and raise awareness for affordable homes. “In keeping with the United Nations’ theme for World Habitat Day 2017 of ‘Housing Policies: Affordable Homes’, Habitat for Humanity Sri Lanka conducted events in October to bring attention to the use of alternative construction materials and technologies in constructin

Vision for new era for China and world: Analysis of CPC congress outcome

The 19th CPC Congress which expounded the theme of socialism with Chinese characteristics declared that its foundation is based on Marxism-Leninism, Mao Zedong Thought, Deng Xiaoping Theory as well as Xi Jinping’s Thoughts on Socialism with Chinese Characteristics for a New Era.

Will the resurrected TPP be ratified?

On the sidelines of the APEC Summit in Vietnam, 11 countries on the Pacific Rim decided to go ahead with the Trans-Pacific Partnership (TPP) despite the US withdrawal.

Zeppelin unveils new line of business gifts for season

Zeppelin Advertising Services Pvt Ltd, the Pioneers & Purveyors of fine Corporate Gifts (Since 1982), announced the launch of its new line of innovative business gifts for the festive season with premium products for all business sectors. Their new direction and newly revamped website caters to the market’s unrelenting desire for innovative promotional items, visitors will find an array of distinctive products guaranteed to inspire.

Tiara Rollo sponsors ‘Bera Fest 2017’

The ‘Bera Fest 2017’ held recently at Viharamahadevi Complex was a unique day-long festival of drums that featured almost all the major drummers in the country. It was an apt event to celebrate the 10th anniversary of Naadro,that has made a mark in the percussion music in Sri Lanka. Prime Minister Ranil Wickremesinghe and Law and Order and Southern Development Minister Sagala Rathnayaka were among the special invitees.  

Softlogic wins top Asia Emerging Markets Award

Softlogic Information Technologies Pvt Ltd, one of the country’s leading software and hardware solutions providers and a subsidiary of Softlogic Holdings PLC, won the top AEM (Asia Emerging Markets) Award at the South Asia Partner Summit 2017 held recently in Ho Chi Minh City, Vietnam.

US Fed to hike interest rates as Trump tax cut looms

AFP:  The US central bank is set to raise the benchmark interest rate this week, looking to get ahead of price increases that, though absent so far, are still expected to materialize.

Stocks hit near 8-month closing low on foreign investor selling

REUTERS: Sri Lankan shares extended falls into a second session yesterday, closing at their lowest in nearly eight months, as foreign investors sold blue chips such as conglomerate John Keells Holdings PLC.

Maldives attracts more tourists this October

While neighbouring Sri Lanka is struggling to attract higher numbers of tourists, the island archipelago the Maldives attracted 127,986 tourists this October, which was 8.9 percent more tourists compared to a year ago, with keen interest from Europeans.

Urban and regional crafts designers cross share expertise at Shilpa Saviya

Cross sharing of expertise between urban crafts designers and traditional local craftsmen resulted in a unique range of crafts entering into the domestic marketplace, at the ‘Shilpa Saviya’ exhibition, according to a communiqué from the Industry and Commerce Ministry.

Minsara Poth Madura introduces ‘Book Exchange’ concept

Reading makes a full man. The positive life changing effect that reading can have on society is widely documented. While being the cornerstone for learning, reading culture is the basis for an educated labour force which is the source of productivity for national development. 

IPS hosts Twitter chat to discuss ‘Sri Lanka: State of the Economy 2017’

The Institute of Policy Studies of Sri Lanka (IPS) will be hosting a Twitter Chat on its annual flagship report, ‘Sri Lanka: State of the Economy 2017’ on Thursday, December 14th 2017, from 3:00p.m. to 5:00p.m..

NCC announces ‘National Business Excellence Awards 2017’

The National Chamber of Commerce (NCC) announced the 14th edition of ‘National Business Excellence Awards 2017’ at the Hilton on December 13th 2017, in the presence of large gathering of top business leaders, leading business organisations, diplomatic missions and graced by the High Commissioner of Canada David McKinnon as Chief Guest.

Right of reply: ‘Something rotten at the heart of BOI?’

Following is the right of reply sent by the Board of Investment of Sri Lanka (BOI) for the article titled ‘Something rotten at the heart of BOI?’ published in Mirror Business on November 23, 2017. 

It’s time to regulate app-based taxi services

Taxis, as a form of on-demand micro-transit, are an essential component of well-functioning metropolitan areas. They deliver convenient door-to-door trips for those who either punctually or regularly require such services. Though they typically only account for a small share of overall trips, they are essential for some people, at some times and in certain circumstances. They are a stand-alone part of the urban mobility services.

We are looking at long-term prospects: Jetwing Chief

The Jetwing Symphony will join the Colombo Stock Exchange as the youngest listed company on December 14, with an initial public offering (IPO) hoping to raise up to Rs. 904 million to retire past debt and invest in upcoming hotels. We sat down with Jetwing Group Chairman Hiran Cooray for an exclusive on the upcoming listing and the tourism industry prospects. Here are some of the excerpts:

Anton launches Dimensions to revolutionise architectural industry

Dimensions by Anton, at 404, Nawala Road, Nawala was ceremoniously opened by St. Anthony’s Industries Group (Pvt.) Ltd Managing Director Arul Gnanam while many prominent architects including Sri Lanka Institute of Architects (SLIA) Vice President Archt. Russell D

Dusit Thani Beachfront Balapitiya announces 50% sold from phase-one

Dusit Thani Beachfront Balapitiya held a press event on December 7th 2017, to announce that 50 percent of Phase-one of the project has been sold.

UMG seals US$ 1mn deal with NEM for CEP

United Mercury Group Lanka (Pvt.) Ltd (UMG) sealed a mega deal of US$ one million for supply of construction machinery with NEM Constructions, a main contractor for the Central Expressway Project (CEP) recently.

Altair celebrates ‘topping out’ – interior work in full swing

Altair, the 68-story luxury residential complex which fronts the Beira Lake in Colombo, recently celebrated its ‘topping out’ to mark the completion of structural work, an important milestone.

Vehicle service industry lobbying to reverse pro-EV policy?

?The vehicle service industry may be lobbying to reverse the pro-electric vehicle (EV) policy and may continue to engage in predatory business practices to counter the lower revenues they would receive in the future due to new government policies,  a consumer group warned. 

Don’t just paint it, Crown it with JAT

JAT Holdings has revolutionized the paint industry having partnered with highly renowned British paint maker, Crown Paints to introduce a wide range of premium Interior & Exterior emulsion paints to help you find the perfect color of your choice to crown your home.

Hulftsdorp and Residential Colombo

The recent growth of apartment complexes in Colombo and its suburbs is quite evident to the naked eye. However, potential locations such as Colombo 12 or otherwise known as Hulftsdorp, have not been largely targeted by developers for residential purposes. Hulftsdorp is largely known for the courts and is surrounded by law firms and busy shopping streets. With high-rise residential developments being scarce in the location, Glorious Residencies be

Sampath Bank rewards Grade 5 Scholarship top performers

Sampath Bank gave away special rewards to 25 students who had excelled in the Grade 5 Scholarship examination at a ceremony held at its head office premises recently.