Rapid response teams are priority No. 1 for corporate strategic renewal

The ground rules for branding are rapidly evolving. Social media, content marketing, younger generation, second screening, thought-leadership and the demographic shift are just some of the many things that are challenging brands to think differently. Creating and sustaining customer trust and loyalty are more difficult than ever before. 

New S&P SL 20 entrant Teejay Lanka opens trading at CSE

Teejay Lanka PLC rang the opening bell to commence trading at the Colombo Stock Exchange (CSE) recently. The bell ringing ceremony was organised by the CSE to celebrate Teejay as the latest addition to the S&P Sri Lanka 20 Index. 

Pan Asia Bank’s December net profit up 19% to Rs.346mn

Pan Asia Banking Corporation PLC (PABC), a mid-sized bank, reported earnings of Rs.4.65 a share or Rs.346 million for the October-December quarter, up 19 percent year-on-year (YoY), the interim financial accounts showed.  

ComBank named Best Internet Bank in Sri Lanka

Commercial Bank of Ceylon has been recognised as the Best Internet Bank in Sri Lanka in 2016 by the prestigious Global Banking & Finance Review of the UK.

Browns Hospital launches very own kidney care centre

Browns Hospital Ragama, launched its state-of-the-art kidney care centre on the 9th of February.  Offering a holistic, total solutions center, the hospital ventured into this value added service, with the patients’ needs in mind and providing personalised care that best suits the individual needs and also ensuring they lead quality, meaningful and fulfilling lives.

Apeksha holds symposium on ART global trends and embryology

Apeksha IVF recently concluded its first symposium on global trends on Assisted Reproductive Technology (ART) conducted by Dr. Pratap Kumar, Professor and Head of Manipal Assisted Reproduction Centre, Manipal University India and an overview to Embryology by Dr. Satish Kumar Adiga, Professor and Chief Embryologist of Manipal Assisted Reproduction Centre, Manipal University India at the Waters Edge.

Durdans Laboratory Service adds on latest predicative tests for disease prevention

Durdans Laboratory Services (DLS), the fully-fledged laboratory arm of the Joint Commission International Approved Durdans Hospital whilst retaining its traditional test panel recently made available novel tests to keep up with modern developments in laboratory medicine. 

Inclusion of socio-economic rights in constitution could backfire: political scientist

Incorporation of socio-economic rights into the constitution of a country does not guarantee their delivery to the people nor will ensure good governance, to a top political scientist specialized in constitutional law told a public forum in Colombo, last week.  

Union Bank December net up 75% over strong loan book growth

The Union Bank of Colombo PLC (UBC) group reported 12 cents a share or Rs.136.3 million in earnings for its October-December quarter, recording an increase of 75 percent year-on-year (YoY) supported by some solid growth in its loan book in spite of the margins coming under pressure, the interim financial accounts showed.  

FinMin slams Central Bank over mismanaging public debt issuing

Sri Lanka’s Finance Minister Ravi Karunanayake yesterday slammed the country’s Central Bank for mismanaging the public debt issuing process, following the revelation of a mystery gazette notification during the proceeding of the Commission of Inquiry (CoI) appointed to probe irregularities in the issuance of treasury bonds. 

High net worth investor exits Bogawantalawa

High net worth investor Dr. T. Senthilverl last week divested his entire shareholding in Bogawantalawa Tea Estates PLC (BOPL) for Rs. 93 million.He had sold 11.1 percent of the shares or 9.3 million shares in BOPL last Thursday for a consideration of Rs.10 per share.The shares were bought by the Bogawantatalawa parent, Metropolitan Resources Holdings PLC.

People’s Merchant Finance to hold EGM on sale of assets

People’s Merchant Finance PLC (PMF), a subsidiary of state-owned People’s Bank, will be holding an extraordinary general meeting next month to decide on divesting one of its major assets, and streamlining activities, in order to prevent further losses.

Global lingerie giant’s downbeat outlook would not affect Sri Lanka: apparel industry

The negative outlook on global lingerie giant Victoria’s Secret for this year is unlikely to have a major impact on Sri Lanka’s apparel industry, a major supplier to the high end lingerie brand, experts Mirror Business talked to opined. 

Colombo Int’l Financial City work in progress

Backhoes, excavators and other heavy machinery are seen at the site where land is being reclaimed from the sea to develop the Chinese-funded Colombo International Financial City,

Blue Mountain Achilleion attracts prospective investors at Maldives Living Expo 2017

Blue Mountain Achilleion, Sri Lanka’s seven star luxury real estate project, made a splash at the Maldives Living Expo 2017, which was held in Male, in the Maldives

Hameedia presents attractive bespoke tailoring offer

As a prelude to the 2017 wedding season, Hameedia who dressed bridegrooms for generations will offer its customers a bespoke tailoring package that will award the third piece free of bespoke tailoring charges. 

We are pleased to take part at this years Architect 2017 Members Work and Trade Exhibition event

We are pleased to take part at this years Architect 2017 Members Work and Trade Exhibition event.  

DSI relocates showroom in Kandy with new look

On the 16th February, D. Samson & Sons (Pvt) Ltd celebrated the opening of the recently re-located DSI showroom in Kandy. 

Link Natural Product launches Toastmasters Club

Jan 27 this year was a day that the staff of Link Natural Products (Pvt) Ltd, will remember for years to come, as they celebrated the Charter Installation ceremony of their Toastmasters Club, LNP Toastmasters in an impressive manner at Grand Monarch, Thalawathugoda.

Halal Accreditation Council gets ISO certification from SLSI

The Halal Accreditation Council (Guarantee) Limited (a not for profit organization duly incorporated under the Companies’ Act No. 7 of 2007 of Sri Lanka and referred to as HAC) was recently certified ISO 9001:2015 by the Sri Lanka Standards Institution (SLSI) for its quality management system.

Scan Jumbo Peanut Cycle Wassa back with 75 foldable bikes

Creating much excitement once again among consumers, the Scan Products Division of C.W. Mackie PLC has announced the relaunch of ‘Scan Jumbo Peanut Cycle Wassa’.

SriLankan Airlines unveils ‘Speculo 2017’

SriLankan Airlines invites all art enthusiasts and the general public to view ‘Speculo 2017’, national painting and visual art exhibition that will be held at J.D.A. Perera Gallery on February 24, 25 and 26from 8. 30 am to 8 pm. 

Introducing Range Rover Velar

The luxury SUV was created in 1970 when Land Rover launched the original Range Rover. Almost half a century later that spirit of innovation continues with the introduction

Colombo Fashion Week announces dates for Summer season

HSBC Colombo Fashion Week introduces its next edition to be held on 13-18 March next year.  In its 14th year, Colombo Fashion Week has set itself bigger goals in taking the fashion industry to the next level, while showcasing Colombo as a centre for progressive fashion. 

Lanka Bell connects 35 000+ households and businesses in record time with Bell4G

Lanka Bell, Sri Lanka’s iconic telecom operator has achieved a significant milestone by reaching 35,000+ households and businesses with its fourth-generation LTE internet connectivity branded as Bell4G. 

USA’s SnoopWall signs exclusive tech distribution partnership with Exire

In a groundbreaking move, Exire Technologies (Pvt) Ltd., a subsidiary of Shifting Lifestyles Pvt. Ltd, has launched NetSHIELD, 

Apple ‘spaceship’ headquarters readies for boarding

AFP: Apple this week announced that workers will start boarding its futuristic new “spaceship” campus in Silicon Valley in April, fulfilling a vision set out by late founder Steve Jobs.

EWIS signs agreement with Learning Possibilities to deliver LMS

E W Information Systems Ltd (EWIS) together with Learning Possibilities Ltd, a Microsoft Global Alliance Partner signed an agreement to roll out the fully featured Learning Management System (LMS) LP+365, on their devices via Microsoft Office 365. 

Samsung getting ready to release Gear VR controller

Variety.com:  Samsung’s next Gear VR headset may have a wireless controller, if a recent filing with the FCC is any indication. The controller is likely going to be for one-handed use.

Bharti Airtel buys Telenor’s India arm for Jio fight

AFP: Indian telecom giant Bharti Airtel will buy the local operations of Norway’s Telenor, it said yesterday, as the ultra-competitive mobile market is shaken up by the country’s richest man.