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. 

Dimo achieves Laurette Status at Great Place to Work Awards 2017

Once again Dimo proved delivering it’s employee value proposition “Making Work Enjoyable and Rewarding” by featuring in the list of Top 25 Best Companies to Work for in Sri Lanka for the fifth consecutive year. 

Hasrath Munasinghe receives CMO Asia Council felicitation for Marketing

Senior Marketing Professional and Brand Builder Hasrath Munasinghe was presented a special felicitation for contributions made to the Sri Lankan Marketing discipline at the Sri Lanka Marketing, HR and CSR Leadership Awards presented by the CMO Asia Council at a gala event in Colombo recently.

CA Sri Lanka announces 53rd Annual Report Awards

Reiterating  Colombo Stock Exchange’s commitment to encourage companies to embrace concepts such as integrated  reporting which  promotes  corporate  transparency  and  performance in relation to  financial  and non-financial development that  ultimately results in  enhancing  shareholder  value, Colombo Stock Exchange Chairman Ray Abeywardena this week pledged that they will

ICCSL to create awareness among corporate sector to combat dengue

The International Chamber of Commerce Sri Lanka (ICCSL) has taken up several measures for the prevention of dengue by launching an awareness campaign in an effort to reduce the incidence of the disease. 

Amãna Bank wins two more global accolades

Amãna Bank has strengthened its market leadership position as the Best Islamic Banking and Finance Institution in Sri Lanka when it was recently bestowed with two separate international accolades by The Banker and Global Finance magazines respectively in their coveted award rankings dedicated for Islamic Banking and Finance. 

Lakdaru Scholarship Seminar Series 2017 at Anuradhapura

SDB bank has organized an island wide Lakdaru Scholarship Seminar Series for Grade-five students.  This will be carried out as a CSR project and few of the seminars will be in Tamil medium as well. The 34th seminar of the series was held on 15 July at Anuradhapura Youth Centre. 

SL’s lubricant market expands

Sri Lanka’s lubricant sales rose 11.3 percent year-on-year (YoY) in response to the influx of vehicle imports seen during 2015 and 2016 but the market leader continued to lose its market share as the competitors gained ground. 

Over 350 CEOs, senior executives to attend Sri Lanka Economic Summit 2017

Over 350 CEOs and senior corporate executives, including chairpersons, managing directors, CEOs and directors representing the Sri Lankan corporate sector, have already signed in to take part in Sri Lanka Economic Summit 2017, which is set to start next week.

President opens Singer logistics hub in Dambulla

Singer Sri Lanka created a new milestone in logistics capability when President Maithripala Sirisena ceremonially opened the company’s massive 75,000 sq.ft. logistics hub in Dambulla last week.  

Sunshine Holdings powers Sri Lanka Economic Summit

Sri Lanka’s diversified conglomerate Sunshine Holdings, celebrating its 50th year of responsible entrepreneurship, for the third consecutive year will support the country’s premier economic forum, the Sri Lanka Economic Summit 2017. 

CB should be only regulator

Meanwhile, Wickramaratne said the Central Bank of Sri Lanka should refrain from playing dual roles and must pay greater emphasis on its responsibilities of being only a regulator.

Sri Lanka struggles to adapt as disasters become a new ‘normal’

During Sri Lanka’s May floods, rescue crews in Kiriella, a small town in the Ratnapura District, spotted a remarkable sight.

Proposed energy formula could cut electricity costs 5%: expert

The proposed electricity cost-reflective formula would create transparency and public pressure, which could lead to more efficient management within the Ceylon Electricity Board (CEB) and potentially reduce the electricity costs by 5 percent, a leading energy sector expert said.  

Melstacorp initiative renovates Thammannawa Hospital, Mihinthale

Melstacorp, one of Sri Lanka’s largest conglomerates and renowned corporate citizens, completed their latest CSR initiative at the rural hospital of Thammannawa in Mihinthale, recently.  Thammannawa hospital provides medical assistance to thousands of people from surrounding areas and was in dire need of basic facilities. 

Counsel cautions against “other agents” in new Inland Revenue Bill

President’s Counsel Sanjeeva Jayawardena this week forewarned the country’s Supreme Court of the creation of “other agents” outside the Inland Revenue Department’s (IRD) purview as tax officers by the new Inland Revenue Bill, which is set to repeal the existing Inland Revenue Act of 2006.

SL Customs’ new online payment platform goes live today

The local trade and business landscape will see greater transparency with the implementation of a fully-fledged online payment platform for Sri Lanka Customs that will be launched today.

A pilgrimage to clean up a pilgrim’s plastic footprint

Every year over two million people make the 2,200 metre climb to the holy peak of Sri Pada and leave behind a mountain of trash. 

Emirates to operate one-off A380 flight to Colombo

Emirates’ iconic A380 aircraft will make a one-off landing at Bandaranaike International Airport (BIA), Katunayake, on Monday, August 14, as the global airline joins the local authorities in the celebration of the airport’s resurfaced runway. 

NDB wins Best Private Sector CSR Programme for Women Empowerment

At NDB, women are valued equally. The bank’s women empowerment initiatives go as far back as its inception in 1979. 

Cooking made easy – get 3 scrumptious curries from a single pack of Sera coconut milk

Though there are many distinct features of Sri Lankan cuisine that set it apart from culinary styles across the world, the one, surefire ingredient that adds an authentic 

Career Banker Shashi Kandambi Jassim of Sampath Bank honoured for Leadership in Banking and Finance

Sampath Bank announced that Mrs.Shashi Kandambi Jassim, Senior Deputy General Manager – Corporate Banking, has received theGold award in the Banking and Finance category at the

Gas World launches largest purpose-built medical gas filling facility

Gas World (Pvt.) Ltd, an associate company of Industrial Gases (Pvt.) Ltd (IGL) which marked its 25th anniversary of operations in Sri Lanka, made its presence known with its latest technology standards set by the company.