FTC probing allegations of Amazon’s deceptive discounting

As part of its review of Amazon’s agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, according to a source close to the probe.

Signature brings affordable luxury to grooms this wedding season

Leading retail brand Signature, recently introduced an array of special packages to help grooms look their very best this wedding season.

Pan Asia Bank Toastmasters Club installs first executive committee

Pan Asia Bank Toastmasters Club installed its first executive committee recently marking the beginning of a journey towards nurturing the next generation of corporate leaders.

Overwhelming entries for Mom, Me and My Milo campaign

Building on the tremendous success of the Mom, Me and My Milo campaign in the last two years, Milo is once again bringing together the most important stakeholders at the heart of its brand - moms and kids - to bond and enjoy an active lifestyle together.   

CBL’s Sera coconut milk makes cooking easy

It’s all about coconut milk: Though there are many distinct features of Sri Lankan cuisine that set it apart from culinary styles across the world, the one, sure-fire ingredient that adds an authentic flair to any Sri Lankan dish, is coconut milk

DIMO Overall Gold Winner in CMA Excellence in Integrated Reporting Awards

The third‘CMA Excellence in Integrated Reporting Awards –2017’awards presentation ceremony was held on 17th of July at Cinnamon Lakeside, Colombo in line with CMA National Management Accounting Conference under the theme of ‘Digital Transformation – A new Strategic Imperative’.

Lanka Livestock ‘17’ Expo

‘Lanka Livestock ‘17’, Sri Lanka’s biggest feed, livestock, and animal health expo was inaugurated under the patronage of Prime Minister Ranil Wickremesinghe on Thursday at SLECC, Colombo.

New Inland Revenue Bill to be passed in parliament next month

The new Inland Revenue Bill, which the government is pinning its hopes on to create a just and broad taxation system, will likely be passed by parliament this August, after incorporating amendments proposed by the Supreme Court and other stakeholders, Sri Lanka’s Finance and Media Minister said.

Waters Edge opens ‘Night Kade’

How many times have you woken up in the middle of the night, fumbled your way in the darkness to the refrigerator, only to find nothing tempting enough to eat? Even if you were to drive out to grab a quick bite, options are so limited for the city dweller. 

ReeBonn Cosmetics introduces superior face wash range

ReeBonn Cosmetics (Pvt.) Ltd, one of the foremost herbal cosmetic companies operating in Sri Lanka, has introduced an assortment of brand-new face wash products with enhanced quality. All these products come in user-friendly containers.

Foreign Affairs Minister guest speaker at Rotary Club Colombo West

Foreign Minister Ravi Karunanayake was invited by the Rotary Club of Colombo West as the Guest Speaker at their luncheon meeting chaired by President Roshan Perera, with Pravir Samarasinghe, Secretary Harsha Rajan and Governor Senaka Amarasinghe at the head table. 

Thuwan and Sudarshana do Barista proud at NBC 2017

Barista’s Thuwan Surajdeen and Café Mocha by Barista’s very own Sudarshana Rajapakse did Barista proud at the recently concluded National Barista Championship (NBC) 2017.NBC 2017 was held as a side-event to the Colombo Hotel Show, which was held at the BMICH. The awards ceremony took place at Waters Edge recently.

Cotton Collection’s Niloufer Anverally honoured as Business Role Model

Cotton Collection Founder/Managing Director Niloufer Esufally Anverally, was honored as Business Role Model of the Year 2017 at the recent Top 50 Professional and Career Women Awards 2017. 

IMF deal on Greece ‘very positive’ for markets: EU’s Moscovici

The International Monetary Fund’s approval of a one-year US$1.8 billion loan for Greece was a “very positive signal for the markets,” the EU’s Commissioner for Economic and Monetary Affairs, Pierre Moscovici, told AFP yesterday. 

Berendina recognizes academic achievements of vulnerable youth

Berendina Employment Centre (BEC) in collaboration with World Vision (WV) recently conducted the certificate awarding ceremony to recognize 41 students who completed the Professional Skills Development Programme in Batticaloa. 

SLIM NASCO attracts record high entries as judging process begins

As entries closed for the eagerly awaited National Sales Congress (NASCO) 2017, The Sri Lanka Institute of Marketing (SLIM) which organizes the 

Amãna Takaful conducts Road Safety workshop for student traffic controllers of Matara

The rapid increase in road accidents often ending in fatalities is a matter that draws much attention from the media and the public alike. According to the statistics of the Sri Lanka Police at least

Linear Squared fast-tracks growth

Linear Squared, a company that solves complex business problems using machine learning (ML) and artificial intelligence (AI), has successfully raised a significant amount of investment to fund the next phase of its growth.

Tech One Sanje honoured as Microsoft Country Partner

Tech One Sanje recently attended the Microsoft Inspire event which was represented by CEO, Lars Jeppesen along with Director, Thariq Sanoon representing the country partner of the year,  Sri Lanka. 

SAP reveals four key traits of a digital transformation leader

While 84 percent of global companies say that digital transformation is critical to their survival in the next five years, only three percent have completed company-wide transformation efforts, shows a new study from SAP SE. 

Samsung launches premium QLED TV in Sri Lanka

Samsung Electronics launches the much anticipated premium QLED television series in Sri Lanka – the QLED series epitomizes cutting-edge expertise in latest TV technology and promises to be a dream experience for TV viewers of today.

Ayubo Leisure signs MoU with CSSL for NITC 2017

Ayubo Leisure signed a Memorandum of Understanding (MoU) with the Computer Society of Sri Lanka (CSSL) recently regarding the upcoming National IT Conference (NITC) 2017 which will be held under the theme ‘Towards Digital Prosperity’.

IFS holds Mind Masters Challenge 2017

The IFS Mind Masters challenge was held for the third consecutive year recently at the Hilton Colombo Residences in Colombo. IFS Mind Masters is one-of-a-kind business quiz hosted by IFS in Sri Lanka. 

Leading country towards economic prosperity

The development of a country is undeniably a broader concept and a long-term process underpinned by key strategies in numerous domains in a country. Sri Lanka will be commemorating its 70th Independence Day by February 4, 2018 and it will be imperative to look back at the post-independence era and recall the lessons learnt during the seven decades.

Pharmaceutical manufacturing in Sri Lanka: A window of opportunity

There is increasing hype and attention drawn to pharmaceutical manufacture in Sri Lanka. Pharmaceutical manufacture is indeed an attractive global industry in which Sri Lanka could participate and prosper. 

Insee Cement partners PIM to develop business leaders

Insee Cement joined hands with the Postgraduate Institute of Management (PIM), Sri Lanka’s premier center of excellence in management education, to launch its first Executive Leadership Development Programme (ELDP) recently.

Toyota recognizes ‘champion athletes’ at annual dealer convention

Toyota Lanka (Private) Limited, the sole authorized distributor for Toyota vehicles in Sri Lanka, recently held its Annual Service and Spare Parts Dealer Convention 2017 at Jetwing Blue Hotel, Negombo. 

Airtel wins big at Best Employer Brand Awards 2017

Bharti Airtel Lanka won big at the 12th Employer Brand Awards held at Taj Samudra, Colombo.  Airtel was awarded the Best Employer Brand Award hosted by the Employer Branding Institute in India, the prestigious award ceremony rewards highly acclaimed employer brands since 2010, recognizing corporate entities for best practices.  

Cinnamon Grand rewards outstanding staff at Associates’ Meeting

Cinnamon Grand held its quarterly Associates’ Meeting for the first quarter of the financial year 2017/2018 to appreciate and reward noteworthy contributions of dedicated associates. The event held at the hotel’s ballroom room on July 11, saw the participation of over 400 associates and heads of departments.   

Certis Lanka celebrates 40 years of excellence

Commercial and industrial security specialists, Certis Lanka Group who offer a myriad of different services and are the premier service provider in Loss Prevention Services In Sri Lanka, celebrated it’s 40th anniversary and awards night at a glamorous “Awards Ceremony” held at the Hilton Hotel recently.