Maggi wins again!

Nestlé’s Maggi brand was voted ‘Youth Food Brand of the Year’ for the fourth time by young consumers at this year’s SLIM-Nielsen Awards. This is the fifth consecutive year that Maggi h

Women Entrepreneurs empowered by Coca-Cola prove they are Bold for Change on Women’s Day

Coca-Cola Beverages Sri Lanka Ltd organized an internal event for its executive staff on 8th March. At this inspirational event, leading women entrepreneurs in Coca-Cola’s 5by20 network converged 

Otara Gunewardene continues to support Earth Hour Sri Lanka

Otara Gunewardene, a renowned Sri Lankan entrepreneur and the Founder of ODEL and Embark, pledged her support for Earth Hour Sri Lanka, for the fourth consecutive year. Otara was nominated 

Prospects and effects of Trump’s foreign policy on developing world

“From this day forward, a new vision will govern our land. From this day forward, it’s going to be only America first, America first.” 

A guide to business continuity management

Let’s begin by remembering how widely the effects of a disaster can be felt. If an individual company experiences a disruption, it can be devastating for the people who work in it or rely on its products or dividends. But imagine large-scale disasters, like the Japanese tsunami or the bush fires in Australia that put many businesses out of commission. If the companies cannot get back, up and running quickly, the effects are multiplied, cons

Have you been mentored?

Mentoring is a word that is increasingly used sometimes in the wrong context. Some of us have been fortunate enough to have been encouraged and or mentored by someone who saw the promise in the individual. But often, it doesn’t happen to everyone. Which brings us to the subject – why and how we need to be mentored the right way.

Chinese minister visits BMICH

Chinese Communist Party International Department Minister Hon Song Taopaid visited the BMICH during his recent visit to Sri Lanka. 

Orient Finance strengthens ties with Ideal Motors

Taking another stride towards realizing its vision ‘to be a leading provider of unique financial solutions’, Orient Finance has commenced the year 2017 with much vigour, which includes, amongst other initiatives, the establishment of three memorandums of understanding (MoUs) with Ideal Motors Group.

Janashakthi extends commitment towards protecting Lankan tele artistes

In an effort to offer optimum protection to professionals of the local television industry, Janashakthi Insurance PLC stepped forward for the second consecutive year to partner Raigam Tele’es, a highly anticipated annual tele awards ceremony in  Sri Lanka. 

People’s Bank holds Achievers Awards

People’s Bank Achievers Awards 2016 was held at the Eagle’s Lakeside Hotel, Attidiya recently. The picture shows People’s Bank Chairman Hemasiri Fernando presenting the Delgoda branch the Gold award for achieving the Highest Per Employee-Based Business Performance, in the presence of Chief Executive Officer/General Manager N. Vasantha Kumar and Deputy General Manager Channel Management Boniface Silva. 

People’s Bank celebrates International Women’s Day

A special ceremony was organised recently by People’s Bank to commemorate International Women’s Day. 

Senaratne Insurance Brokers reaches pinnacle of professional excellence

Senaratne Insurance Brokers (Pvt.) Ltd has recently been awarded the prestigious Corporate Chartered Insurance Brokers designation by the Chartered Insurance Institute in the UK, the first to be so recognized. 

Union Assurance introduces Union Pension Advantage

As Sri Lanka’s largest private insurer, Union Assurance is constantly at the forefront of industry innovations and has succeeded in benchmarking customer service and satisfaction for the insurance sector in the country. In another leap forward, the insurance giant has introduced Union Pension Advantage, a new addition to the company’s wide-reaching portfolio of products. 

NDB Wealth offers ‘money market accounts’ for higher returns

“For those interested in taking control of their own finance, with an aim to create sustainable wealth, there is no better place to start than ‘money market accounts’. Investing in these allow for the safety and liquidity of traditional bank savings but, often, with higher rates of return,” according to Christina Wesley, a Financial Advisor at NDB Wealth.

Oman Air Welcomes a New Boeing B737-800 to Its Fleet

Oman Air, the national carrier of the Sultanate of Oman, is delighted to announce that a new Boeing B737-800 aircraft has joined its fleet as of 15 March 2017. This new aircraft will be used on short

FlySmiLes winner receives return air ticket to Maldives

The winner of the ‘FlySmiLes - Dialog Axiata Register & Win Promotion’, Dayananda Kukulewithana, received a prize of a return air ticket to the fabulous Maldives on SriLankan Airlines.

Oman Air promotes ongoing 2017 expansion at ITB Berlin; celebrates Media Awards

Oman Air, the national carrier of the Sultanate of Oman, successfully participated at ITB Berlin from March 8 TO 12, 2017. In addition to celebrating its dynamic programme of fleet and route expansion, the airline also celebrated its fourth consecutive Media Awards for German media.

Etihad Airways to launch A380 flights to Paris

Etihad Airways is introducing its award-winning A380 on the Abu Dhabi – Paris route this summer as part of seasonal adjustments to the airline’s fleet deployment plan.

Qatar Airways unveils QSuite ‘First in Business Class’ experience

Qatar Airways hosted a packed press conference to unveil its highly anticipated and revolutionary new Business Class experience to the world’s media and travel trade leaders. 

Top lawyers urge need to fight for digital consumer rights collectively

Sri Lankan consumers must fight collectively for the enactment of digital consumer rights protection laws in Sri Lanka to keep privacy violating corporates at bay, leading attorneys in the country advocated this week during a forum in Colombo.

Fed to keep rate hikes slow even if U.S. inflation overshoots

REUTERS: The Federal Reserve will stick to a gradual path of interest rate rises even if inflation runs above its 2 percent target, Chair Janet Yellen said on Wednesday, signaling that the U.S. central bank is willing to use low rates to push down even harder on unemployment.

Rupee ends weaker; cbank moral suasion caps fall

REUTERS: The Sri Lankan rupee ended weaker yesterday on dollar demand from importers, but moral suasion by the Central Bank capped the fall after expectations of a nearly US$1 billion inflow from a bond sale failed to ease pressure on the currency, dealers said.

Laugfs mulls expanding presence to Myanmar, Maldives

Sri Lanka’s only private sector liquid petroleum gas (LPG) supplier, Laugfs Holdings PLC, is currently planning to expand its operations to Myanmar and the Maldives, while its US$ 100 million expansion plan in Bangladesh is also progressing the group’s Chairman said recently.

Drought will block Sri Lanka from 2017 growth pace officials see: economists

REUTERS: Sri Lanka’s 2017 growth rate is likely to be significantly lower than the government and Central Bank forecast, mainly due to a severe drought and tight monetary and fiscal policies, private economists said.

Shares hit 1-yr closing low on rate hike concerns

REUTERS: Sri Lankan shares hit a one-year closing low yesterday, falling for an eighth straight session, as concerns the Central Bank would raise rates next week weighed on sentiment after the International Monetary Fund urged it to tighten monetary policy.

SLID and Iclif to present ‘To preserve or enhance?’ interactive discussion

On a one to 10 scale, where one is ‘well below our potential’ and 10 is ‘at peak potential’, how is your organisation currently performing in the marketplace?

Govt. says number of loss making SOEs reduced

Most of Sri Lanka’s state-owned enterprises (SOEs) have stopped bleeding under the ‘good governance’ regime, after it took over two years ago, Sri Lanka’s Finance Minister Ravi Karunanayake said this week.

Malik meets EU Trade Commissioner in Brussels

Development Strategies and International Trade Minister Malik Samarawickrama accompanied by Ambassador Rodney Perera met with European Commissioner for Trade Cecilia Malmström recently at the European Commission in Brussels. 

Hameedia supports ‘Battle of the Maroons’

Hameedia, Sri Lanka’s leading menswear specialist continues its sponsorship as the Official Clothing Partner for the legendary Battle of the Maroons clash for the second consecutive year. Hameedia 

Jaguar I-Pace Concept To Make European Motorshow Debut At Geneva

Jaguar’s electric performance SUV concept will showcase one of the production car’s First Edition colours – Photon Red – when it appears at the Geneva Motor Show on 7 March.