Hayleys Kelani Valley official among ‘100 Most Influential Global HR Professionals’

Hayleys Kelani Valley Plantations’ Senior Manager- HR & Corporate Sustainability, Anuruddha Thiththagalla Gamage was ranked among the ‘100 Most Influential Global HR Professionals’ at the Global HR Excellence Awards 2017, in recognition of his contributions in spearheading the company’s pioneering HRM strategy and uplifting the company recognition at national and global  level competitions. 

Commercial Credit strengthens customer care arm with Avonet Technologies

Avonet Technologies (Pvt) Ltd recently announced a partnership with Commercial Credit & Finance PLC. 

Citibank, regional experts to speak on FinTech opportunities at CCC

How Sri Lankan businesses can latch on to the opportunities presented by ‘Fintech’ or financial technologies will be discussed by a set of leading experts at the upcoming ‘Future of Business - Innovation Strategy and Learning Event’ organized by the Ceylon Chamber of Commerce.

Airtel launches many events to mark International Women’s Day

Bharti Airtel recently implemented several initiatives in line with International Women’s Day,  in order to honour the lives, grit and determination of women who work tirelessly towards the success of the organization.

Establishing first-ever marinas in Sri Lanka

Marina is an unheard name to many Sri Lankans, but not anymore. Dr. Dietmar Doering, a German hotelier based in Marawila in the North Western Province of Sri Lanka, is venturing into establishing a first-ever marina in Marawila. 

CCC’s Youth Business Sri Lanka supports MaGIC’s new GAP in SL

The Malaysian Global Innovation & Creativity Centre (MaGIC) has launched a new accelerator programme called the Global Accelerator Programme (GAP). First announced by Prime Minister Najib Razak during the inaugural Global Entrepreneurship Community (GECommunity) 2016, GAP is an evolution of MaGIC’s Accelerator Programme (MAP), taking the highly popular programme to the global stage after three successful cohorts with Malaysian and regio

Huawei becomes fastest growing Smartphone in Sri Lanka

Huawei announced it was recorded as the fastest growing smartphone brand with a market share of more than 30 percent as at December 2016. 

OPPO Set to Launch Dual Selfie Camera F3 Seriesin Sri Lanka

OPPO today announced the launch of its new dual selfie camera F3 Plus of F3 series across five markets on 23rd March 2017.At the heart of the F3 Series is OPPO’s first-ever dual selfie camera 

‘7 Star Women – Empowering you for tomorrow’

Serendib Flour Mills recently partnered with Women in Management, to host a customized training session for small-scale women entrepreneurs. The day-long training session took place on 

LAUGFS gas and lubricants re-brands with fresh look, to forge ahead within and beyond Sri Lanka

LAUGFS Holdings, one of the largest diversified business conglomerates will be re-launching its gas and lubricant corporate brands with the unveiling of new logos and packaging. 

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.

One Perera exits, another enters!

Former Sampath Bank Managing Director Aravinda Perera has been appointed the Managing Director of Royal Ceramics PLC with effect from yesterday. 

Singer Sri Lanka confident of growth in 2017 despite macroeconomic snags

Consumer durables, particularly the consumer electronics and IT products are set for favourable growth in 2017 despite  the triple threat from higher interest rates, higher taxation and a depreciating rupee, consumer durables giant Singer (Sri Lanka) PLC said  this week.

HNB says comfortable with 17-18% credit growth this year

Hatton National Bank PLC, Sri Lanka’s second largest private sector bank, will be comfortable expanding its loan book this year at similar levels to last year to meet its aggressive Vision 2020 plan, a key official of the bank said yesterday.

Government to introduce SCIs for key SOEs

Department of Public Enterprises of the Finance Ministry said yesterday that the government will be signing Statement of Corporate Intents (SCIs) with selected state owned enterprise (SOEs) today. 

Vidullanka’s US $ 123.5mn Ugandan hydro power plant to be commissioned next week

Vidullanka PLC’s 6.5 megawatt (MW) Muvumbe small hydro power plant located in Uganda will be connected to the African state’s national grid next week, the company said in a filing at the Colombo Stock Exchange.

SL corporate earnings growth slows down in 4Q

Sri Lanka’s listed company earnings growth slowed substantially during the quarter ended in December 31, 2016 (4Q16), in comparison to the previous quarter’s earnings growth, an analysis by an independent research house showed. 

Hameedia in Ethical Fahsion at Colombo Fashion Week

Hameedia, Sri Lanka’s leading menswear specialist is participating in the 14th edition CFW Showcase, which will be taking place at the Hilton Colombo from 15-18th March 2017. 

World’s Top stunt riders debuting at the AFC Motorbike show 2017

“AFC Motorbike Show 2017 - organized by Alliance Finance Company PLC will thrill the Motorbike enthusiasts on the 8th and 9th April 2017 at Round Circle Road, Nuweraeliya.

Sanasa Insurance wins ACCA Sustainability Reporting Award

Sanasa Insurance Company Ltd (SICL), a leading micro insurance provider with an aim to improve and uplift peoples’ lives all across the country, emerged as the winner in the SME

Cathay Pacific and Air New Zealand extend services between Hong Kong and New Zealand

Cathay Pacific will introduce a new seasonal service between Hong Kong and Christchurch from December 2017, directly linking the two cities by air for the first timeand complementing the airline’s existing services to Auckland.

Emirates evaluates innovative winter weather technology

Emirates has started field-testing an innovative decision support technology that allows it to better manage operations, safety and environmental performance in the face of extreme and disruptive winter weather. 

Etihad secures IATA certification for enhanced booking system

Etihad Airways has successfully implemented a new booking standard driven by the International Air Transport Association (IATA) that enhances the level of information flow between travel agents and airline reservation systems.

Emirates SkyCargo honoured again at Air Cargo Africa

Emirates SkyCargo, the freight division of Emirates, was recently named the ‘Highly Acclaimed Global Cargo Airline of the Year’ at the Air Cargo Africa awards held in Johannesburg. With this honour, Emirates SkyCargo continues its decade of domination having won awards at Air Cargo Africa four times in a row since 2011. 

Sri Lanka Tourism bags ‘Most Popular Destination’ award at GTIF 2017

Sri Lanka Tourism showcased its capability of   bringing up Sri Lanka as one of the most sought after travel destinations, by claiming the ‘Most Popular Destination’ award at the Guangzhou International Travel Fair (GTIF-2017) which was held from recently at China Import and Export International Exhibition Centre. 

HSBC CFW Knowledge Workshops to Strengthen Sri Lankan Fashion Industry’s Expertise

Enhancing the knowledge base of aspiring designers is one of Colombo Fashion Week’s key initiatives. Skillset upgrades and knowledge sharing are meticulously planned. Following this,

Which country on right track according to citizens?

Is the country you live in on the right track? If your answer is no, then you’re in good company. Nearly two thirds of people around the world believe their country is heading in the wrong direction.

When policy cuts Rs. 50bn in revenue, are we doing it right?

In a time that government must stride to safeguard revenues, the incumbent policies continue to baffle as the country seems headed deeper into the mire. The focus it appears is to distract rather than enact – pragmatic policy – with personal image building still sitting at the centre. 

Sampath Bank ready to face challenges arising from current global uncertainties

This is the eighth of the interview series titled ‘Mirror Business S&P SL20 Insights’ conducted in collaboration with the Colombo Stock Exchange (CSE) as an investor relations initiative. The column encourages S&P SL20 companies to talk about the developments in their respective industries, 

CMA conducts integrated reporting expert workshop

A half-day workshop on ‘Integrated Reporting – Practical Aspects’ was conducted by the Institute of Certified Management Accountants of Sri Lanka (CMA) recently at  Taj Samudra.