PM says outlook revision by S&P testament to govt.’s economic mgt.

Prime Minister Ranil Wickremesinghe on Monday night hailed the upward revision of Sri Lanka’s credit outlook to ‘Stable’ from ‘Negative’ by the international credit rating agency Standard and Poor’s (S&P) and the affirmation of ‘B+/B’ rating.

Insee Cement launches unique competition for Sanstha Cement buyers

One in three houses in Sri Lanka has been built with freshly manufactured Insee Cement and the company has launched an exciting lucky draw for its customers who purchase the popular Sanstha Cement.

‘Next Colombo-01’ to make luxury living affordable

Odiliya Homes and Real Estate Company (Pvt.) Ltd, a proud member of the Odiliya Group of Companies, will soon launch its latest project ‘Next Colombo-01’. The brainchild of Rohitha Abeygunaratne, Managing Director of Odiliya Homes and Real Estate Company (Pvt.) Ltd, ‘Next Colombo-01’ will consist of 75 luxury housing units which will be located in close vicinity to the rapidly developing Homagama town.

Link Engineering awarded fourth development project by Indian High Commission

A front-runner in Sri Lanka’s construction industry and part of the reputed Blue Ocean Group, Link Engineering was recently awarded yet another mega development project by the High Commission of India.

Stax relocates to Access II

Stax, Sri Lanka’s leading strategy consulting firm, recently moved into a new office within the heart of the Central Business District (CBD) in Colombo. Situated at 278/4, Access Towers II - 15th Floor, Union Place, Colombo-02, the plush new office is a spacious work space of 6,000 square-feet. Built with the intention of providing an expansive domain that encourages innovative and collaborative thinking, the new space includes ample meetin

Enrich grabs three coveted awards at NCE Awards

Enrich Tea and Food Exports (Pvt.) Ltd, one of the leading tea and food exporters in Sri Lanka, bagged three coveted awards at the NCE Export Excellence Awards Ceremony 2017 organized by National Chamber of Exporters.

Eric Rajapakse Opticians celebrates 100 years of improving vision in Sri Lanka

Eric Rajapakse Opticians is celebrating 100 years, making history as one of the country’s oldest eye care brands in Sri Lanka.

SOSVSL celebrates World Children’s Day

In celebration of World Children’s Day, SOS Children’s Villages Sri Lanka (SOSVSL), an organization that provides alternative care for children who have lost parental support and children at the risk of losing parental upkeep continued to make children their main focus during the festivities.

Bairaha hands over scholarships to support children of employees

Bairaha in keeping with its commitment to support the educational advancement of the future generation, handed over four scholarships to students who are children of employees of the company.

Fashion Bug refurbishes maternity ward at Ragama Teaching Hospital

For expectant parents, the birth of a new baby is a time where they deserve much reassurance and support, and with the aim of enhancing this experience, Fashion Bug recently refurbished the maternity ward at the Ragama Teaching Hospital.

NDB Capital continues scholarship programme for fourth year

NDB Capital Scholarship Trust recently celebrated the completion of four years of its scholarship programme and Annual Scholarship Awards Ceremony for year 2017 to recognize students who displayed exemplary achievements in their fields of study.

Mastercard, Educate Lanka scholarship programme empowers young Sri Lankan women

Mastercard and Educate Lanka presented the first batch of Mastercard sponsored scholarships to educate female students from socioeconomically marginalized backgrounds at a ceremony held recently in Kandy.

eChannelling Acquires ISO 9001:2015 certification

eChannelling has successfully earned the ISO 9001:2015 certification and version upgrade as a measure of the consistent quality of the products and services it offers 

The natural goodness of coconut milk

As our lives become increasingly fast-paced, we tend to hunt for and resort to a more convenient and less time-consuming alternative for every aspect of our lives.

MerlionKids International Preschool Now in Sri Lanka

MerlionKids International (MKI) has preschool centres in Singapore and China, which follow the International Childhood Education Curriculum framework

SLIM Marketers Summit 2017 a Resounding Success

The Marketers Summit 2017 held recently by the Sri Lanka Institute of Marketing (SLIM) at Waters Edgeconcluded on a successful note

Virtusa Announces Second Quarter 2018 Consolidated Financial Results

Virtusa Corporation(NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for its clients, reported

Mastercard - Educate Lanka Scholarship Program Empowers Young Sri Lankan Women

Mastercard and Educate Lanka presented the first batch of Mastercard sponsored scholarships to educate female students from socioeconomically marginalized

Govt. may change industry structure if proposed generation plans fail: PUCSL

The Public Utilities Commission of Sri Lanka (PUCSL) recently recommended the government to consider changing the structure of the power industry, if the Ceylon Electricity Board (CEB) cannot bring the procurement process for the planned power plants to normalcy, to avoid a possible power crisis and Rs.50.8 billion in losses. 

Securing the social license to operate

Asia has achieved remarkable growth and prosperity over the past decades. It is not without costs though. Part of the region’s rapid expansion happened at the expense of its environment and scarce natural resources. 

The Blue-Green Budget of unity government

The budget proposals of the unity government under the theme ‘Blue Green Budget’ for the fiscal year 2018 is expected to support the achievement of the medium-term targets such as the per capita income of US $ 5,000, one million new jobs, foreign direct investment (FDI) inflows of US $ 5 billion and doubling exports to US $ 20 billion. 

PUM Netherlands experts add value to Lankan meat products

Sri Lanka needs to work hard to increase the value of our exports in order to meet the demands of the export market and also to reach the target of doubling the export income by 2020. 

National Chamber supports ‘China Products Show 2017’

The 3rd edition of the China Products exhibition will be opened on November 22 at 10.00 a.m. at the Sri Lanka Exhibition & Convention Centre and will be graced by the Director General of Commerce as the Chief Guest. 

Brandix partners Best Pacific to produce synthetic fabric and webbing

Sri Lanka’s leading exporter Brandix has announced plans to launch a joint venture with the global synthetic materials manufacturer Best Pacific of Hong Kong to produce synthetic fabric and webbing in Sri Lanka with specific focus on warp knit synthetic fabric.

The Belt and Road Initiative and Asia’s changing order

In the two days of meetings from 8 November between President Donald Trump and President Xi Jinping in Beijing on Trump’s first state visit, it appears that they did not talk at all about the Belt and Road Initiative (BRI). 

HSBC introduces World Corporate MasterCard to Sri Lanka

HSBC is pleased to introduce the World Corporate MasterCard to Sri Lanka. Accepted at 34 million merchants worldwide, the HSBC World Corporate MasterCard is primarily for corporate clients, catering to their need for more flexible payment solutions.

ATSL Telesoft selects Cyaniq ahead of global broadbasing effort

Cyaniq, the content specialized communication consultancy was awarded the integrated communication and brand positioning project for ATSL Telesoft, a member of the Access Group, ahead of its global broadbasing effort. 

Dialog’s Tier III Data Centre obtains ISO 27001 certification

Dialog Axiata PLC, Sri Lanka’s premier telecommunication services provider, was recently recognized for receiving the ISO 27001:2013 Information Security Management Certification for its Tier III certified data centre. 

Ceylon Roots and Browns Tours conduct ‘Role of a Tourist Driver’ programme

The management of Ceylon Roots and Browns Tours in collaboration with the Chauffeur Guide Association of Sri Lanka recently conducted a service briefing programme for selected chauffeur guides and drivers at the Marco Polo Hall in Excel World, Colombo.

Allianz Lanka keeps up impressive growth momentum through 3Q17

Allianz Lanka continued to maintain its impressive performance across its general and life businesses through the nine months ended September 30th, 2017.