SriLankan facilitates Pakistani university students’ tour

SriLankan Airlines, in its continuous effort in expanding business throughout its network, recently made a special arrangement of a leisure cum educational tour to Sri Lanka for students of the University of Lahore.    

CINEC wins Special Award at Sri Lanka National Quality Awards 2016

At the 22nd Sri Lanka National Quality Awards 2016 presentation ceremony, CINEC Campus was presented with a Special Award by the Sri Lanka Standards Institution (SLSI) in recognition of CINEC winning the Global Performance Excellence awards administered by the Asia Pacific Quality Organisation and also for the achievement of winning the National Quality Award for five consecutive years.

Emirates touches down in Newark via Athens

Emirates has commenced the daily passenger service between Newark Liberty International Airport and Dubai International Airport, via Athens International Airport. A VIP delegation and contingent of international media were aboard the inaugural flight on March 12, which carried passengers from Athens, Dubai and  points beyond.

Global Loyalty Company surpasses 20mn members

Global Loyalty Company (GLC), the specialist loyalty business of Etihad Airways Group, announced that it passed the milestone of 20 million members across its four airline frequent flyer programmes: Etihad Guest (used by Etihad Airways, Air Serbia, Air Seychelles and Etihad Regional), JetPrivilege (Jet Airways), MilleMiglia (Alitalia) and topbonus (airberlin  and NIKI).

99X Technology retains Category Title at 4th Governor’s Challenge Cup Quiz

Battling it out against some of the best corporate masterminds, the 99X Technology Quiz Team emerged category winners in the Imports/Exports segment at the 4th Governor’s Challenge Cup Quiz 

Home Lands Skyline breaks ground for ‘Porshia’ apartment project

‘Porshia’- a masterpiece of architecture is to look over the Nawala city towering by the beautiful Nawala Wetland Park, inspiring a decent and elegant lifestyle. 

NDB sponsors Kedella exhibition for second consecutive year

NDB recently sponsored the Kedella Living in Style Exhibition 2017 held from 10th, 11th and 12th March at BMICH for the second consecutive year. 

Lanwa Steel opens newest outlet in Madawachchiya

Lanwa today provides over a dozen steel solutions to the construction industry, as well as the steel fabrication industry. 

Dwellings Group to launch Melbourne ‘661 Chapel St.’ apartment project sales

Dwellings Group once again offers a value proposition and lifestyle choice to discerning investors. They will launch residential sales of ‘661 Chapel St.’, a grand new 30-storied high rise on Chapel St. in urban Melbourne with large apartments that can be customized by buyers, and an opulent luxury-hotel-style entrance and art gallery.   

Lanka Property Show calls for greater industry regulations

LankaPropertyWeb.com, the leading property website in Sri Lanka recently celebrated its 10th anniversary by orchestrating the most successful property focused show in Sri Lanka to-date. It was held at Hilton Residences on the 17th and 18th of February. The show featured a plethora of the latest luxury apartments and villas, previews of new property launches and presented the guests with an opportunity to meet some of the finest developers in the

Rajagiriya apartments poised to be investment goldmine

Sri Lanka’s first Australian inspired condominium, The Flemington, Rajagiriya records 60 percent of apartments sold, following the start of construction in November 2016. 

PwC’s Academy introduces C-Suite Executives to world-class leadership programme

Synonymous for offering some of the most highly reputed executive education programmes in the country, PwC’s Academy Sri Lanka recently introduced C-Suite Executives to a world-class leadership and strategy programme aimed at helping leaders move away from traditional approaches and bridge the disparity between leadership and isolation. 

CIM Sri Lanka partners with Global Tutor

The Chartered Institute of Marketing (CIM) Sri Lanka entered into an Association Partnership with Global Tutor (Pvt.) Ltd to further strengthen the knowledge and expertise in the  education field. 

Stand-alone CIMA Cert BA programme launched in Sri Lanka

Association of International Certified Professional Accountants Management Accounting Chief Executive Andrew Harding was in Sri Lanka recently to sign a memorandum of agreement (MoA) with CIMA’s learning partners in the country.

Transform your business into an example of value-chain model

In a business renewal operation, understanding what the customer value-chain model is important. Starbucks is a perfect example. Its journey began with a single store in the USA in the year 1971 to become one of the most recognized brands globally.

SEC releases Capital Market Strategy 2020

The Securities and Exchange Commission of Sri Lanka (SEC) has released the ‘Capital Market Strategy 2020’, a comprehensive transformative plan for Sri Lanka’s capital market, with the intention of providing strategic clarity to market participants and the public. 

Fairfax consolidates Lankan operations under Fairfirst Insurance

Fairfax Financial Holdings Limited (Fairfax) announced that it has successfully completed the amalgamation of Fairfirst Insurance Limited (Fairfirst) and Union Assurance General Limited (UAG). The amalgamated entity operates as Fairfirst Insurance Limited with effect from February 28, 2017. The rights and obligations arising from all insurance policies issued by Union Assurance General Limited will continue to be honoured by Fairfirst Insurance L

DFCC extends Vardhana Virtual Wallet to all country’s smartphone users

Encouraged by the fast-paced adoption of the Vardhana Virtual Wallet by customers, DFCC Bank now invites both DFCC and non-DFCC customers who own a smartphone to use the Wallet, enabling them to enjoy the full benefits of cashless transactions. 

All-time record prices for Watawala Plantation teas

At this week’s tea auction, the invoices from Abbotsleigh Estate and Carolina Estate in the Hatton region achieved an all-time Colombo tea auction record price of Rs.670 and Rs.660 per kilogramme, respectively for a PF1 grade in the CTC High and Medium category, respectively. 

DFCC Bank releases concise annual report

DFCC Bank continued its revolutionary approach to presenting its annual report in a comprehensive yet concise format, in line with the global trends. This concise approach to reporting enables the bank to reduce its carbon footprint while at the same time making the report user-friendly for stakeholders. 

CA Sri Lanka assures continuing independence of Annual Report Awards competition

Preparations are currently underway for the 53rd Annual Report Awards competition organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).

EDB holds Canada Sri Lanka Business Forum and B2B meeting

The Sri Lanka Export Development Board (EDB) with the assistance of the Foreign Affairs Ministry organised a Canada Sri Lanka Business Forum followed by a business-to-business (B2B) meeting programme recently at the EDB auditorium, Nawam Mawatha, Colombo 2.

Gerber Technology USA Global Sales VP visits Colombo

Gerber Technology USA Vice President Global Sales Peter Morrissey recently visited Colombo.

Hemas together with Wild Life Dept. launch website for Elephant Transit Home

An official website for the Elephant Transit Home (ETH) in Udawalawe, hosted through the Department of Wildlife & Conservation (DWC), and developed and sponsored by the Hemas Holding was launched at the Hemas House among a distinguish gathering from the Ministry of Wildlife, the Department of Wildlife and the Directors of Hemas. 

Haycarb organizes blood donation camp at Madampe Facility

Haycarb Madampe Facility organized the annual blood donation campaign on March 10th at the factory premises.

Hemas Hospital Wattala donates endoscopy unit to Kelaniya University

Hemas Hospital Wattala recently donated a high definition video endoscopy system to the skills training laboratory of the Anatomy Department at the Faculty of Medicine, University of Kelaniya.  This timely donation further enhances the commitment of Hemas Hospitals as a responsible healthcare entity in Sri Lanka, in fostering and supporting medical education among local practitioners.  

People’s Leasing & Finance recognized with JASTECA CSR Award

People’s Leasing and Finance PLC was conferred with the Ian Dias Abeysinghe Memorial JASTECA CSR/ Sustainability Award 2016, Silver award for its dedication towards corporate social responsibility.

Otara continues to support Earth Hour Sri Lanka

Founder of ODEL and Embark Otara Gunewardene has pledged her support for Earth Hour Sri Lanka, for the fourth consecutive year. 

Unit trust industry survival at stake as tax concerns loom large

Sri Lanka’s unit trusts, once a blessed industry with lax taxes, is likely to be in for a rude shock with the proposed imposition of a slew of new and increased taxes, which will soon find their way into the industry, threatening its survival.  

LOLC acquires controlling stake in Cambodia’s PRASAC Microfinance

LOLC International Private Limited, a wholly owned subsidiary of Lanka Orix Leasing Company PLC (LOLC), together with Hong Kong’s largest independent bank, The Bank of East Asia Limited (BEA), have acquired the majority stake in PRASAC Microfinance Institution Limited, Cambodia’s largest micro lender with an asset base of US $ 1.3 billion.