Chaya Wickramadara awarded IPM Professional of the Year

The prestigious award presented by the Institute of Personnel Management (IPM) Sri Lanka for the IPM Professional Qualification in Human Resource Management (PQHRM) HR Professional of the Year was won by Chaya Wickramadara.

Iconic offers attractive payment plan for Galaxy homeowners

While introducing an attractive payment plan for homeowners for the US $ 50 million Iconic Galaxy real estate project in Rajagiriya, which is to be completed by 2020, its developer, Iconic Development Ltd, said that it has more projects in the pipeline to cater to the middle-class as it sees a huge potential for urban housing in Colombo.

Aster-Maga join hands to elevate Nugegoda skyline

Aster Residencies (Pvt.) Ltd announced the launch of Aster Residencies, a unique apartment project in the heart of Nugegoda. This Board of Investment (BOI)-approved apartment project comes to light as a joint venture between Aster Residencies and Maga Engineering, the leading construction company in the country. 

Energy regulator approves coal-free power generation plan for next 20 years

Amidst lobbying from environmentally-conscious stakeholders, the Public Utilities Commission of Sri Lanka (PUCSL) approved a revised coal-free power generation scenario for the next 20 years at a present value of US$ 15.52 billion, in the process saving US$ 1.13 billion over the Ceylon Electricity Board’s (CEB) coal-heavy option.

Sixteen foreign speakers to bring in int’l perspective to Economic Summit

Sri Lanka Economic Summit 2017 which will focus on how the Lankan economy can be transformed from potential to realization has lined up 16 foreign speakers to bring in an international perspective to the discussion table.

Shares fall for seventh session in eight; foreigners buy

REUTERS: Sri Lankan shares fell for a seventh session in eight yesterday and posted their lowest close in a month with blue chips leading the losers.

China unveils plan to become world leader in AI by 2025

REUTERS: China unveiled a national Artificial Intelligence (AI) development plan yesterday, laying out its ambitions to build world-leading technology amid heightened international friction over applications of AI in military technology. The value of the country’s core AI industries will exceed 150 billion yuan (US$22.15 billion) by 2020 and 400 billion yuan (US $59.07 billion) by 2025, the State Council said in 

Rupee steady; bond yields down after t-bill auction

REUTERS: The Sri Lankan rupee traded steady yesterday with dollar sales by exporters and foreign banks offsetting demand for the greenback from importers, while yields on government securities fell a day after T-bill yields came down, dealers said.

SL Customs becomes fully automated with new online payment platform

Sri Lanka Customs yesterday moved a step forward and became a fully-automated agency with the much-anticipated online payment platform going live.

Gem and Jewellery Association launches Facets 27th edition

The Sri Lanka Gem and Jewellery Association (SLGJA) announced the launch of the 27th edition of the Facets International Gem and Jewellery Exhibition, at a press conference held at OZO Colombo recently. 

CILT delegation attends Macao Int’l Convention

Chartered Institute of Logistics and Transport (CILT) held its International Convention recently in Macao at the Sheraton Grand Hotel, Cotai Central. 

SLICM 20th convocation today

With 29 years of experience functioning as a specialized training institute, the Sri Lanka Institute of Credit Management (SLICM) stands tall as the only professional body in Sri Lanka accredited to offer a professional qualification in credit management. Today, the SLICM will hold its 20th annual convocation ceremony at the Centre for Banking Studies auditorium in Rajagiriya.

Stax-SLID present 2017 Family Business Survey, panel discussion

Global strategy consulting firm Stax in collaboration with the Sri Lanka Institute of Directors (SLID) presents ‘Taking Over the Mantle’, an event to unveil the results from the first-ever survey of Sri Lankan family firms and a vibrant panel discussion with some of Sri Lanka’s finest family business leaders across generations. 

Colombo Uni Manufacturing Management Master’s students visit Thailand Toyota, Sodick factories

Students of the Master in Manufacturing Management programme of the University of Colombo recently visited the Toyota Motor Corporation and Sodick Electrical Discharge Machines (EDMs) manufacturers in Thailand. 

FACETS 2017 set to showcase the best of Sri Lanka’s Gem & Jewelry Industry

The Sri Lanka Gem & Jewelry Association announced the launch of the 27th edition of the FACETS International Gem & Jewelry Exhibition,

Sri Lanka’s new regionalism: Looking beyond South Asia

Since the conclusion of a nearly three-decade-long conflict in 2009, Sri Lanka’s prominence in the Indian Ocean politics has grown significantly. Whereas during the conflict its outlook was predominantly security-oriented, the island nation has now become prominent in economic and political matters in the region.

Bank of England opens up payments systems to spur fintech

The Bank of England has widened access to Britain’s interbank payments system to increase competition from new fintech firms in the financial system, where the ‘Big Four’ high street banks have long dominated.

Fiona Munasinghe wins Gold Award for Marketing

Women in Management (WIM) in partnership with IFC, a member of the World Bank Group, has presented Fiona Juriansz Munasinghe the Gold award in the ‘Marketing’ category at the 2017 ‘Top 50 Professional and Career Women Awards’ presented in Colombo recently.

Fadna Shape Up Tea Double Active completes 10 years

Fadna Shape Up Tea, the perfect solution for a dream figure, will celebrate its 10th year anniversary as the market leader in Sri Lanka since 2007.

Sampath Bank’s Kandambi Jassim honoured for leadership in banking and finance

Sampath Bank announced that.Shashi Kandambi Jassim, Senior Deputy General Manager – Corporate Banking, has received the Gold award in the Banking and Finance category at the “Top 50 Professional and Career Women Awards” held recently.

Laugfs International hosts workshop for Airman generator dealers, service agents

Laugfs International (Pvt) Limited, the trading arm of Laugfs Holdings, recently hosted a one-day workshop for its Airman Generator dealers and service agents including its sales, operations and service teams, where individuals were exposed to an outstanding training programme exclusively with Airman Japan representatives. 

Pan Asia Bank receives Best Employer Brand award

Sri Lanka’s fastest growing commercial bank, Pan Asia Banking Corporation PLC was recognized as the Best Employer Brand at the 12th Best Employer Brand Awards organized by the World HRD Congress held in Colombo last week.      

Clarion International launches ‘Solar Power Branches’ in key cities

Clarion International Ltd, a company with a 32-year track record that has saved the nation billions of rupees in energy solutions, recently opened ‘Solar Power Branches’ in several key cities across the island, paving the way for customers seeking world-class solar power solutions to easily access the company’s products and services.

Caltex awards third lucky duo of Star Drive competition

On June 13th, the third two winners of Caltex Star Drive – Car and Bike Chase” received their brand-new Bajaj Discover 125cc motorcycles plus a year’s worth of free engine oil at an event held at the Chevron House in Colombo 3. 

International University of Japan partners with Epic to launch cyber security lab

Regional technology leader Epic Technology Group, synonymous with FinTech solutions, takes the lead in technology development by opening a cyber security management lab in Japan, a first by a Sri Lankan FinTech company outside Sri Lanka.

NSB launches CSR initiative to help school children

A CSR project was launched by National Savings Bank (NSB) with the supervision of the Ministry of Education and the guidance of the Ministry of Public Enterprise Development.

NDB shines at Best Employer Brand Awards 2017

NDB was felicitated with two awards for Best Training Partnership with External Vendors and Best Employer Brand Award at the World HRD Congress at the Sri Lanka Best Employer Brand Awards 2017 held recently at the Taj Samudra Colombo.

Countdown to Effie Awards 2016 begins

The momentous day when the winners of the prestigious Effie Awards 2016 will be announced is getting closer and there’s both anticipation and tension in the air as the advertising industry waits anxiously for the results. 

Bank of Ceylon WPN donates to renovate ward in Welisara Chest Hospital

The staff of the Western Province North (WPN) of the Bank of Ceylon has volunteered to conduct a Corporate Social Responsible project at the Welisara Chest Hospital to refurbish the ward 13 through donations that were collected from the employees and through a fund raising campaign. 

Holmes Pollard wins ‘Advertising Agency of the Year’ award

The leading advertising company Holmes Pollard and Stott (HPS) has won the ‘Advertising Agency of the Year’ award at the Golden Globe Tigers 2017 (Sri Lanka Edition) for Excellence and Leadership in Branding and Marketing.