HNB creates new chief digital officer post to stay future-ready

In a bid to ward off threats from telecommunication companies in the future, Sri Lanka’s second biggest private lender, Hatton National Bank PLC (HNB), has created a new role inside the bank, a top bank official said. HNB said it is seeing the rising challenges from the telecommunication companies infiltrating into the space traditionally dominated by banks. 

SilkAir to commence Colombo flights from April

SilkAir, the regional wing of Singapore Airlines (SIA), will commence flights to Colombo on April 8, 2017. SilkAir will operate three flights per week. 

Nestlé Lanka hosts international workshop at Kurunegala factory

Nestlé Lanka recently hosted an international workshop at its Kurunegala factory, where best practices in manufacturing Milo RTD (Ready-To-Drink) were showcased to Nestlé participants from 9 countries. 

Sail Lanka Charter supports Dr. Nihal Jinasena Memorial Cup Sailing Regatta

The 2017 edition of the Dr. Nihal Jinasena Memorial Cup sailing regatta took place on 18th February.  Supported by Sail Lanka Charter and sponsored and organised by Ruhunu Sailing Association (RCA) of Sri Lanka, the Yacht Association Sri Lanka (YASL) and, most importantly, the wife of Nihal 

Mahagedara Wellness Retreat opens in Sigiriya

Mahagedara Retreat and Spa, a harmoniously designed wellness oriented retreat was opened recently near Gedigaswalana in Sigiriya. 

CSE rings bell for gender equality

In celebration of the International Women’s Day, the Colombo Stock Exchange (CSE) yesterday rang the trading floor bell in a bid to highlight the need for achieving gender equality in the workplace, marketplace and community. 

What can businesses learn from Royal-Thomian?

Only a handful of Sri Lankan companies have been in existence for over 100 years. However, for 138 consecutive years, the Royal-Thomian has been played, including through two world wars. On the verge of the 138th Royal Thomian, MTI Consulting reflects on some of the thought leadership work carried out by its CEO Hilmy Cader, in particular what businesses and brands can learn from the experience of the Royal Thomian.

Sancharaka Udawa 2017 to kick start in May

The seventh edition of ‘Sancharaka Udawa’ will be held at the Sirimavo Bandaranaike Memorial Exhibition Center at BMICH on the 5th 6th of May. 

Seychelles President visits Hemas Hospital Thalawatugoda

The staff, patients, and senior management of Hemas Hospital Thalawatugoda welcomed a landmark visit from the President of the Republic of Seychelles, Danny Faure.

India’s Asian integration strategy

The Indian economy is experiencing rapid growth of between 7 and 8 percent a year. To sustain that growth rate and for India to achieve its development potential, it must open up its economy and have a strong export sector. It may not be easy, but given the global trade slowdown and the paralysis of multilateral trade negotiations, India’s best bet is to seize those opportunities for integration closest to home.

Morning Power to revitalize Brumbies at Battle of the Blues

George Steuart Health has yet again partnered as a sponsor of the Brumbies enclosure for the 5th consecutive year at the 138th Battle of the Blues which is scheduled to be held at the SSC Colombo from the 9th - 11thof March. The brumbies enclosure, reputed for its distinguished clientele and exclusivity, is organized by the ‘Thomian Class of 87’ and accommodates both Royalists and Thomians. Morning Power is a popular caffeine free dri

Sri Lanka Tourism makes impression at TITF Travel Fair in Thailand

Sri Lanka Tourism showcased its cultural prestige and extended their friendship further, with its participation at the TITF Travel Fair held at Queen Sirikit National Convention Centre, Bangkok, which attracted a large crowd and media personnel from February 15- 19th.

Dr. Anoma Jayasinghe becomes first Sri Lankan IAASM member

Dr. Anoma Jayasinghe, Group Medical Officer of SriLankan Airlines, has become the first Sri Lankan professional in Aviation Medicine to be selected as a member of the International Academy of Aviation & Space Medicine (IAASM), in recognition of her contribution to this field in Sri Lanka for over a decade.

Pan Asia Bank gears for faster growth as Rs. 2bn rights issue snapped up

Pan Asia Banking Corporation PLC this week announced successful completion of its rights issue to raise up to Rs.2.06 billion placing the bank on a much stronger footing to pursue a higher wave of growth in 2017 and beyond.  

Union Assurance relocates Gampaha branch office

Union Assurance (UA) relocated its Gampaha branch office on the 16th February to provide better services to residents in the area. The new branch will support the company’s pace to reach its goal of having fully operational branches Island wide. 

ComBank and Sathosa Motors offer exciting deal on Isuzu vehicles

Buyers of Isuzu vehicles from Sathosa Motors will be eligible for a range of benefits including discounts on the purchase price when they use the leasing options offered by the Commercial Bank of Ceylon under a new promotion unveiled by the two companies.

Sri Lanka goes around the world with Eclectic Presse

A French media crew from the French TV channel Eclectic Presse in collaboration with the Sri Lankan Embassy in France arrived in Sri Lanka recently to give a full coverage on the island nation’s beauty and cultural aspects, for the travel programme ‘Sri Lanka Le Nouvel Eldorado’( Sri Lanka the new El Dorado)  which is a  documentary programme based on the beauty of Sri Lanka , and also the lifestyles of the French sett

EU Delegation discusses challenges in female labour force participation

In celebration of International Women’s Day (IWD) 2017, the EU Delegation hosted an event titled ‘Mind the Gap’ – a conversation on what’s holding Sri Lankan women back from workforce participation on the March 7th at the Jayanthi Kuru-Utumpala  Lionel Wendt Art Centre. 

Ceylon Chamber to hold talent management session on March 24

HR practitioners representing firms from diverse sectors will present their expert insights on how to manage talent in order to become an innovation driven business, during the ‘Plenary 1’ of the 

Ceylinco Life ends 2016 as country’s No 1 life insurer for 13th year in a row

Strong growth in new business and noteworthy returns on investments generated Rs 23.43 billion in total income for Ceylinco Life in FY 2016, during which the company retained its position as the market leader in Sri Lanka’s life insurance industry for the 13th consecutive year.

Sri Lanka’s first education resource comparison platform launched

Comparison Private Limited unveiled Sri Lanka’s first education resource comparison platform — YouCompare.lk (YC) this week.

Crescent Global South Asia sponsors Sri Lanka Insurance Awards

When the crème de la crème of the local insurance industry come together to meet the students who have won awards and obtained exam certificates from the Sri Lanka Insurance Institute, it creates a day to remember.  

No society can sustainably develop without gender equality: WB Country Director

Following is the full text of the speech by World Bank Country Director for Sri Lanka and the Maldives Dr. Idah Z. Pswarayi-Riddihough made at a ceremony held at the Colombo Stock Exchange yesterday to celebrate the International Women’s Day.  

Nestlé Kurunegala Factory showcases best practices in manufacturing Milo RTD

Nestlé Lanka recently hosted an international workshop at its Kurunegala factory, where best practices in manufacturing Milo RTD (Ready-To-Drink) were showcased to Nestlé participants

New Edition of Fashion + Food by HSBC Colombo Fashion Week inspires signature dishes

Every season HSBC Colombo Fashion Week partners with four premier restaurants in Colombo to curate unique, limited edition menus and signature dishes from the 13th to the 19th March,

CIMA unveils corporate partners for 2017

Celebrating its 10th year, the CIMA Corporate Partners Summit gave away mementoes to 22 corporate partners for the year 2017 at an event held in Colombo.

SLIM - Nielsen People’s Awards 2017 on March 10

Sri Lanka Institute of Marketing (SLIM), the national body for marketing, and Nielsen Sri Lanka, the local arm of the largest information and research company in the world, have joined hands yet again to conduct SLIM - Nielsen People’s  Awards 2017.

PLC’s Uresh Jayasekera amongst ‘100 most influential global HR professionals’

Uresh Jayasekera, who works as People’s Leasing & Finance PLC (PLC) Group Head of Human Resources, was recognized amongst ‘100 most influential global HR professionals’ at the World HRD Congress – Silver Jubilee celebration held at Taj Lands’ End Hotel, Mumbai, India recently.

Engaging employees to deliver a branded customer experience

When we think about what makes a brand great, we often define it through our own experiences. And while we may experience brands through a logo, advertising or websites, the most critical touchpoints  are people.

MBSL & Finance crowned as Emerging Financial Institute of the Year

Making it official, this February, Merchant Bank of Sri Lanka (MBSL) & Finance PLC was crowned the ‘Emerging Financial Institute of the Year’ at the Middle East Asia Leadership Summit Awards 2017.