ITC One Colombo One on fast track

A large pour of concrete of quantum 5500 cubic meter is done for the hotel tower raft at ITC One Colombo One project located adjacent to the Taj Samudra hotel, Colombo-01 starting on 29th September. 

Of NGOs, civil society and investors at large

Environmentalists, non-governmental organisations (NGOs), civil society and the media at large are an important part of a sustainable development process. Every country needs them and needs them to be operating freely, without hindrance or undue 

Sri Lankan Silicon Valley tech firm Auxenta looks to expand global footprint

Having its roots in Sri Lanka, the fast-growing boutique technology solutions firm Auxenta is currently poised for dramatic expansion to the APAC region having bagged new clients in APAC countries 

Mastercard Arms Issuers with Predictive Tool to Combat Account Related Fraud from Data Breaches

With speed being a critical factor in fighting fraud, Mastercard announced the launch of Early Detection System. This new service provides issuers with a unique advanced alert for cards and   

Over 3000 Kids gather at TF0 Kids Carnival"

The Factory Outlet organized the TFO Kids Carnival to commemorate the World Children's Day on the 24th of September 2017 at the TFO K - Zone, Ja Ela. The TFO Kids Carnival probably was the largest 

Fashion Bug heralds RBN and Shakalaka for the sporty and young

Sri Lanka’s leading fashion destinations, Fashion Bug launched twodivers fashion ranges, RBN and Shakalaka at their latest outlet in Wellawatte. The two collections with their own character 

The Kingsbury Nurtures Breast Cancer Awareness Campaign 2017

Building on the successful campaign held in October 2016, The Kingsbury will embark on another breast cancer awareness campaign under The Kingsbury Nurtures – the CSR arm of The Kingsbury

Embark opens standalone store inK-Zone, Ja-Ela

The pooch-inspired fashion brand opened its 10th store at K-Zone, Ja-Ela on the 29th of September.Embark portrays the rising trend of brands which are 

Emirates wins Best Entertainment award at 2017 APEX Passenger Choice Awards

Emirates clinched the Passenger Choice award for Best Entertainment at the 2017 APEX Passenger Choice Awards held in Long Beach, California, USA this week. Emirates’ president, Sir Tim Clark, was honoured with the CEO Lifetime Achievement Award.

Leading global relocations player Santa Fe collaborates with EFL relocations

Pioneering freight and logistics provider EFL (Expolanka Freight) has officially partnered with global family moving giant Santa Fe  Relocation Services.

Tony Douglas appointed Chief Executive Officer of Etihad Aviation Group

The Chairman of Etihad Aviation Group, Mohamed Mubarak Fadhel Al Mazrouei, today confirmed the appointment of Tony Douglas as Group Chief Executive Officer, who will join the company in January 2018.

SIA and Lufthansa Group collaborate to launch on 1st October

Singapore Airlines (SIA) and Lufthansa Group have confirmed the 1st of October as the launch date for their joint venture co-operation covering flights between Singapore, Australia and Germany, Switzerland, Austria and Belgium.

Walkers Colombo Shipyard launches second vessel Seagulf 2

Walkers Colombo Shipyard (Pvt.) Ltd, a subsidiary of MTD Walkers PLC, has successfully completed the construction of its second vessel, a 10 tonne bollard pull  tug ‘Seagulf 2’.

Port City Colombo sponsors islandwide beach clean up

Port City Colombo was the chief sponsor of an island wide beach clean-up organised by the Marine Environmental Protection Authority (MEPA), to commemorate the National Coastal and Marine Resources Conservation Week.

Hemas unveils ‘Upahara’ healthcare product for govt. employees

Leading private healthcare provider, Hemas Hospitals and laboratory chain launched their unique ‘Upahara’ scheme that offers a host of benefits including free OPD consultations plus a host of other medical treatments and investigations at vastly discounted rates, to government employees and their dependents.

Aitken Spence Travels nurture tourism best practices with communities

Aitken Spence Travels partnered with the staff of Turyaa Kalutara and the local community an environmental and professional empowerment programme recently to conduct an educational workshop to local community members whose livelihoods depended on tourism.

Coca-Cola partners Habitat for Humanity Sri Lanka for ‘Corporate Team Build’

The staff of Coca-Cola Beverages Sri Lanka Ltd joined hands with Habitat for Humanity Sri Lanka recently in Kalutara, for a unique volunteer experience through Habitat’s ‘Corporate Team Build’. 

Sampath Bank Green Inventor workshop to help young inventors go green

Sampath Bank, one of the nation’s most innovative banks, in their continuing bid to secure a sustainable future recently held a workshop for the ‘Sampath Green Inventor’ competition finalists at the Buddhist Cultural Centre.

Tokyo Cement, MEPA attract volunteers for Trinco beaches cleanup

Tokyo Cement together with the Marine Environment Protection Authority (MEPA) Trincomalee District office, recently concluded a highly successful beach cleanup programme in Trincomalee.

Richard Pieris Finance achieves 80% PAT growth

Richard Pieris Finance has achieved a tremendous improvement in profit within just four years, with a profit after tax (PAT) of Rs.388 million, which is higher than the expected. It’s a huge escalation compared to last year, with an 80 percent growth of PAT. 

Dr. Rohan Karunaratne appointed as Arpico Finance Chairman

Veteran professional and entrepreneur, Dr. Rohan Karunaratne, has been appointed as the new Chairman of Arpico Finance Company PLC (AFCP). 

Softlogic Life Insurance honours 2017 Million Dollar Round Table winners; seeks to build MDRT force

Sri Lanka’s fastest growing life insurer, Softlogic Life Insurance PLC, recently conducted a biannual congress to recognize its Million Dollar Round Table (MDRT) winners who took part in MDRT Annual Conference 2017, which was held in Orlando, USA. 

Seylan comes forward to celebrate Tikiri Children’s Month again

Revitalising its excellence in minor savings accounts for over 26 years, Seylan Tikiri, Sri Lanka’s leading children’s savings account, has once again come forward to celebrate Seylan Children’s Month, coinciding on the World Children’s Day for the fourth consecutive year, with a host of exciting events, coupled with attractive gift schemes planned across the bank’s islandwide branch network. 

Improving bank, finance company governance in SL

The dust is yet to settle on the collapse of Central Investments & Finance PLC (CIFL) and the Ceylinco group’s Golden Key Credit Card Company (GK). Many of its depositors are still awaiting settlement of their dues. 

Central banking and fintech — A brave new world?

Following is an edited version of the speech made by International Monetary Fund (IMF) Managing Director Christine Lagarde at the Bank of England Conference, London.

Australian HC speaks on country branding at CIM CEOs Breakfast Forum

The Chartered Institute of Marketing (CIM) Sri Lanka hosted its third CEO Breakfast Forum for the year at Hilton Colombo Residences, emphasizing the importance of building a successful county brand image. The speaker for the forum was Australian High Commissioner Bryce Hutchesson, a senior officer in the Australian Department of Foreign Affairs and Trade (DFAT).

Adapt your leadership styles for changing business situations

Not only do the great teammates allow different leaders to consistently emerge based on their strengths, but also, they realize that leadership can and should be situational, depending on the needs of the team. Sometimes a teammate needs a warm hug. Sometimes the team needs a visionary, a new style of directive, someone to lead the way or even, on occasion, a kick in the back. 

Top int’l speakers to steer CA Sri Lanka National Conference technical sessions

The 38th National Conference of Chartered Accountants organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will see an impressive line up of international and local speakers as well as panellists who will steer the technical sessions during the three-day conference from October 25 to 27, 2017, at the BMICH, Colombo. 

Sampath Bank Partners With Colombo International Book Fair

Continuing to help nurture the habit of reading, Sampath Bank joined hands with the Colombo International Book Fair as the event's official banking partner for the 13th consecutive year.

Chinese govt. makes donation to Cancer Care Association

A donation ceremony took place at the Cancer Care Association of Sri Lanka on 22nd September.  Chinese Ambassador Yi Xianliang and Speaker Karu Jayasuriya attended the ceremony. Ambassador Yi handed over a donation of Rs. 13 million to Dr. Samadhi Rajapaksa, Chairman of the Cancer Care Trust of Sri Lanka, to assist the foundation to help cancer patients throughout the island.