SAGT receives top award from Global Ports Forum

South Asia Gateway Terminals (SAGT), the first private container terminal operator in Sri Lanka with approximately 60 percent Sri Lankan stake, has yet again featured Sri Lanka prominently on the world maritime stage.   

Sadaharitha team tours Assam to harvest best practices in agarwood

A delegation from Sadaharitha Plantations Ltd, including the company’s Chairman Sathis Nawarathne, toured Assam, in the south of the eastern Himalayas recently, to get a hands-on experience of growing and marketing agarwood, which is considered to be the world’s most sustainable investment in commercial forestry.  

Mobitel Cash Bonanza Montero Extravaganza awards 12th lucky winner

The 12th lucky winner of Cash Bonanza Montero Extravaganza 2016, introduced by the national mobile service provider, SLT Mobitel, to walk away with the Montero for December 2016 was Gunarathnarajah Ariyarathnam from Dehiwela. 

SLIM celebrates 30 years of PCM

Preliminary Certificate in Marketing (PCM), the three monthcourse launched by the Sri Lanka Institute of Marketing (SLIM) in 1988 was aimed at bestowing a basic knowledge

Koggala Beach Hotel wins TripAdvisor Travellers’ Choice Award

Koggala Beach Hotel recently announced it has been recognized as a winner in the Top Bargain Hotels category of the 2017 TripAdvisor Travellers’ Choice Awards for Hotels, ranking 24th out of 25 total winners. 

Jetwing Hotels dominates top 25 Sri Lankan hotels list

As befitting a reputation of excellence and being Sri Lanka’s premier hospitality brand, four Jetwing properties have been listed in the recently published Top 25 Hotels in Sri Lanka by TripAdvisor as part of its 2017 Travellers’ Choice Awards. 

Etihad expands Boeing 787 network in Levant, Far East

Etihad Airways recently unveiled plans for the deployment of its new Boeing 787-9 Dreamliners to key Levant and Far East markets in 2017.

Finland’s Metropolia University signs MoU with CINEC

Metropolia University of Applied Sciences (Metropolia) signed a distinctive memorandum of understanding 

Another strong year for air travel demand in 2016: International Air Transport Association

The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2016 showing demand (revenue passenger kilometres or RPKs) rose 6.3 percent compared to 2015 (or 6.0 percent if adjusted for the leap year). 

IATA renews SriLankan Airlines’ IOSA re-registration

SriLankan Airlines, as part of its efforts to maintain the highest standards as the trademark national carrier, has renewed its registration under the IATA Operational Safety Audit (IOSA) for 2016-2017 in conformity with the standards introduced by the International Air Transport Association (IATA). 

Stock market myths that won’t die

Many hesitate to enter the market due to common myths about the stock market. An informed investor will adopt a critical approach towards these myths. Thus, the article will discuss common myths that prevail in society.  

High levels of risk are associated with high potential returns and vice versa

By now, after reading the previous instalments, you would have realised how the renewal exercises are important to your company’s development. However, a word of caution needs to be offered. 

VirtusaPolaris summit showcases next-gen technology careers for tech graduates

VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., recently hosted nearly 200 undergraduate tech students from 15 of the country’s leading universities and higher education institutions at the VirtusaPolaris Converse 2017 graduate meet up held at The British School in Colombo.

H-Connect Creates History by Winning Silver for ‘Best Shared Services Team in Asia’ at Shared Servic

H-Connect (Private) Limited, the shared services arm of Hirdaramani, won the Silver award for the Best Shared Services Team in Asia at the 19th Shared Services Excellence Awards

E-commerce platform to offer authentic Lankan products to buyers worldwide

Giving authentic Sri Lankan produce a digital push overseas, Buysrilankan.com was launched recently, delighting many Sri Lankan expatriates.

ESET celebrates consumer loyalty with special promotion

DCS International Private Limited (DCS), the exclusive authorized distributor of ESET in Sri Lanka, recently launched their ‘Virus Delete Karanna Thegi Win Karanna’ promotion to thank their customers for years of loyalty.

CIM Sri Lanka participates in EDEX for 11th consecutive year

The Chartered Institute of Marketing (CIM), Sri Lanka participated in the EDEX Expo exhibition, Sri Lanka’s largest education and job fair, held at the BMICH Colombo recently. 

Waters Edge opens ‘Our Shop’ for staff welfare

Waters Edge recently opened doors to its very own staff welfare shop to benefit the loyal staff of the hotel.

Insee Cement powers animal rescue project with IUCN

Insee Cement , the first green cement manufacturer in Sri Lanka continued their renowned and popular animal rescue programme for the 8th consecutive year, in partnership with the International Union of the Conservation of Nature (IUCN) at the Aruakalu quarry site.

NDB builds learning platform for future generation

With an increasing number of millennials and Generation Y entering into the corporate world, companies have now started to rethink and create changes that would accommodate their perception of work.  

Hayleys Jeevadhara to improve rural livelihood and nutrition

Committed to improving rural livelihood and nutrition through sustainable agricultural development, Hayleys Agriculture the agriculture arm of the leading multinational conglomerate Hayleys PLC, 

SEC announces Rs.100mn shareholders’ fund requirement for brokers

Giving effect to a long awaited reform to consolidate the overcrowded stock broking industry, Sri Lanka’s capital market regulator, the Securities and Exchange Commission (SEC),

Sri Lanka eyes China free trade deal this year, PM to visit in May

REUTERS: Sri Lanka aims to finalize a free trade agreement with China this year and the country’s Prime Minister will visit Beijing in May, the Sri Lankan Ambassador said on Saturday, amid rising concern in the South Asian nation about Chinese investment.

Hayleys Fabric December profits down 83%

The Hayleys group knitted fabric manufacturing unit, Hayleys Fabric PLC, reported a net profit of 6 cents a share for the quarter ending December 2016, against 34 cents a share recorded during the same quarter last year, the interim report of the company showed. 

Lankan tyre exports to US to be slapped with anti-dumping duties

Certain new pneumatic off-the-road tyres imported to the US from Sri Lanka and India will shortly be subjected to anti-dumping and countervailing duties following a recently concluded United States International Trade Commission (USITC) investigation.

January tourist arrivals up 13% despite partial airport closure

Tourist arrivals to Sri Lanka this January grew by 12.9 percent year-on-year (YoY) to 219,360, despite the country’s main airport in Katunayake being closed for a considerable period of time.

Kireizuki approach to quality and productivity

The Japanese are known for their obsession with cleanliness. They are also known for their high quality and productivity. There is obviously a connection. 

Senkadagala Finance to raise Rs.580mn via rights to remain capital-rich

Senkadagala Finance PLC, a licensed finance company with an asset base of just under Rs.29 billion last week announced its plans to raise equity capital via a rights issue to maintain the minimum regulatory capital requirements, a disclosure to the Colombo Stock Exchange said. 

Expolanka sees tougher conditions as December profits fall

Diversified freight and logistics firm, Expolanka Holdings PLC, saw its December quarter (3Q17) performance being hampered through the “challenges arising from constrained returns from passive investments combined with the impact of a drop in exchange gains”, the interim report filed by the company said. 

LOLC to introduce microfinance model to Pakistan

Sri Lanka’s leading non-banking financial institution, Lanka Orix Leasing Company (LOLC), saw its unique microfinance model being accepted to be applied in yet another regional market.