Oppo launches F5 6GB in Sri Lanka

Oppo, the Selfie expert and leader recently unveiled the Oppo F5 6GB after the brand recently launched the Oppo F5.

A manager welcomes resistance because it’s a sign of change process unfolding

So, your company finally decided that a new process or system needs to be introduced to your workplace. Today, we take a look at some of the problems and objections that may follow this decision. However good your preparation and planning, you can still experience problems if you don’t dive deep enough to uncover people’s objections.

People’s Bank inaugurates Innovation Centre

People’s Bank Innovation Centre was recently inaugurated in York Street, Colombo 1, under the patronage of People’s Bank Chairman Hemasiri Fernando.  In conjunction with its digitalization process, People’s Bank has marked a milestone in the history of the Sri Lankan banking sector by establishing the Innovation Centre, aiming to further strengthen the operations of its IT department. 

People’s Leasing’s ‘Al Safa’ bags top honours at SLIBFI Awards

Al Safa (AIF), the Islamic finance unit of People’s Leasing & Finance PLC (PLC), recently won top honours at the Sri Lanka Islamic Banking & Finance Industry (SLIBFI) Awards, held at Hotel Ramada Colombo. 

Lak Jaya Micro Finance opens head office

Lak Jaya Micro Finance Limited officially opened its head office at No. 386B/1/1, High Level Road, Pannipitiya recently.

UK’s The Banker crowns HNB ‘Bank of the Year 2017’

Sri Lanka’s premier retail sector bank, HNB PLC recorded another landmark victory with its recognition as ‘Bank of the Year 2017’ in Sri Lanka by the highly acclaimed UK-based financial sector magazine, ‘The Banker’, during a ceremony attended by eminent bankers and financial institutions from across the globe recently, at The Hilton London Bankside.

Ceylinco Life draws early winners of Family Savari 11 megaa promo

As 2017 draws to a close, Ceylinco Life has given the families of 309 policyholders something exciting to look forward to in 2018, following the conduct of the first draw in the company’s ‘Family Savari’ mega promotion.

Fed officials fret over yield curve; warn on pace of hikes

REUTERS: Two Federal Reserve policymakers urged caution in raising interest rates, saying that the flattening of the yield curve was a signal that the central bank should proceed slowly.

Quebee Den at 2017 Global Entrepreneurship Summit

Young entrepreneur Rohanthi Wijewickrama, the Founder/CEO of Sri Lankan children’s products company Quebee Den (Bellybees), was invited to participate in the eighth annual Global Entrepreneurship Summit, held by the USA and India, recently.   

Abans announces offers for Christmas season

As the first week of December rolls around, we all groan in anticipation of finding the perfect gifts for our family and friends, managing our holiday expenses and dealing with empty wallets after the season is over. So, we often dread the Christmas season, rather than looking forward to it as a joyful time to be spent with our loved ones. 

Barista serves ‘best value meal’ at BIA outlet

With over 12 outlets spread across the country, Barista has made its name as the largest international coffee chain in Sri Lanka. Having first been established in the year 2002, Barista is now at its peak within the café scene, with a growing number of coffeeholics patronising the fine Italian coffee served at their outlets. Each outlet spread out within the Colombo city limits and tourist hot spots around the country has its own unique of

Arpico expands mattress operations to India

Arpico mattresses, Sri Lanka’s pioneer and leader in mattress manufacturing, recently extended its operations to the international market by launching the Arpico Mattress range in India.

Higher food prices, medical expenses keep November inflation at elevated levels

Sri Lankans’ medical spending has spiked in November, pushing up the overall consumer prices for the month, perhaps a sign that the profusely higher food prices have either shocked them to the core or the cut down in their daily food nutritional intake has made them sick. 

Long-awaited Jetwing Symphony IPO announced

The long-awaited initial public offering (IPO) of Jetwing Symphony will open up for subscription on December 14.

Bingiriya industrial zone to be developed as a public-private partnership: PM

The industrial zone to be built in Bingiriya would be developed as a public-private partnership (PPP), revealed Prime Minister Ranil Wickremesinghe. He said the Treasury would be one partner of the PPP while a suitable partner would be sought from the private sector, either local or overseas. 

Ascot Holdings stock exchange disclosure opens flurry of dubious deals

Ascot Holdings PLC last week disclaimed the liability for a secondary mortgage bond, which has been issued under its subsidiary, Ascot Development Private Limited, mortgaging its property on T.B. Jayah Mawatha in Colombo 10 for Rs.350 million to a private commercial bank. 

Tower tax could result in exit of major foreign investors: operators

The implementation of the budget proposal to slap every cellular tower in the country with a levy of Rs.200,000 per month—payable by mobile operators—could result in the possible exit of the major foreign investors from the local telecommunication market, the industry warns. 

Softlogic Life beats the world at Global Mobile Marketing Awards

Sri Lanka’s fastest growing life insurance brand Softlogic Life has become the first ever Sri Lankan brand to emerge winners in the prestigious 

PickMe introduces unique pricing structure for three-wheelers

In a strategic move to bring greater benefits for drivers and patrons, homegrown taxi hailing service PickMe reduced its three-wheeler fares to Rs.33 per kilometer, from a previous fare of Rs.35 per kilometer.  

Salon chain ‘Naturals’ launched to empower youth

Renowned Beautician and International Academy of Beauticians Directress Hasini Gunasekera recently launched ‘Naturals’, a chain of salons, which stands as a stepping stone to the next generation of salons in Sri Lanka, with its uniquely designed flagship store located at Delkanda.

Quality, style and affordability with Victorinox

Form, accuracy and functionality fuse effortlessly to make a Victorinox timepiece that much more special.

Spa Ceylon opens at Gandhara Street

Spa Ceylon, the world’s largest luxury ayurveda chain, unveiled another of its uniquely themed lifestyle experiences at the fashionable Gandhara Street in Colombo 06, marking the milestone of reaching 62 branded locations internationally.

DFCC partners Fairway Galle Literary Festival as official banking partner

DFCC Bank recently joined hands with the upcoming Fairway Galle Literary Festival, as the event’s official banking partner.

Indo-Lanka FTA most significant partnership between Sri Lanka and India: Rishad

No partnership between India and Sri Lanka is as strong as the historic Indo-Lanka trade pact inked way back in 1998.

EV Club highlights shortcomings in budget proposals on electric car taxes

While the budget 2018 has promising policies with regard to making electric vehicles (EVs) popular, it simultaneously has handicapped the ability to reach the set target, according to EV Club Sri Lanka. 

Tourism Minister assures more concessions to industry

In addition to the concessions granted to the tourism industry through Budget 2018, the Ministry of Tourism Development has also made other specific requests to the Finance Minister. These requests include reverting to the previous excise licensing hours, credit facilities for the trade and other concessions. 

South Asia offers US$ 3.4trn in climate investment opportunities: IFC

South Asia’s ambitious plans to meet its climate targets under the Paris Agreement represent US$3.4 trillion worth of investment opportunities in cities and infrastructure by 2030, a new report released yesterday by International Finance Corporation (IFC) notes. 

Braving bad weather!

A couple at the Galle Face braves the stormy weather that havocked Sri Lanka on Wednesday and even prevailed during yesterday albeit to a lesser degree. In the foreground is the Chinese-funded Colombo Port City which is under construction. 

Pakistan raises US $2.5 bn from sukuk, Eurobond sales, sees solid demand

REUTERS: Pakistan raised US$2.5 billion from the sale of two U.S. dollar-denominated sukuk and Eurobond issues in New York, a senior official said yesterday. The issues had attracted total offers of US$8 billion.

No Mirror Business on Saturday

There will be no Mirror Business tomorrow in view of today’s public and mercantile holiday.  The next issue will be on Monday (4th).