Local civil society orgs facing funding and staffing issues: report

The local civil society organisations (CSOs), which were pivotal in ousting the Rajapaksa regime, are facing constraints on both funding and staffing compared to their international counterparts operating in Sri Lanka, the Civil Society Organisation Sustainability Index for 2015 revealed.

John Keells tea unit returns to profitability in December

A unit of the John Keells group, Tea Smallholder Factories PLC (TSML), posted a net profit of Rs.25.89 million for the quarter ended December 31, 2016 (3Q16), against a net loss of Rs.522,000 from an year ago, the interim financial accounts showed.

EIB confirms EUR 50mn backing for Colombo water network

Affirming the Finance Ministry’s announcement on Sunday, the European Investment Bank (EIB) yesterday said it would provide 50 million euros to support improvement and expansion of sewage networks across Colombo. 

Sri Lanka returns to Spanish market after a decade

Sri Lanka made a significant impact at the 37th International Tourism Trade Fair (FITUR)  in Madrid, Spain from January 18 to 22.  

ComBank’s ‘Arunalu’ launches country-wide children’s art competition

Art enables children to express themselves on virtually anything that interests them, and the Commercial Bank of Ceylon has launched an island-wide competition to stimulate such expression by the country’s young artists.

Pan Asia Bank provides easy access to housing loans

In a bid to meet the rapidly increasing demand and varying requirements of customers, Pan Asia Bank, has been augmenting its popular housing loan product ‘Nivasa’ with a host of value -added features. 

Bank of Ceylon achieves a trillion hat-trick

The Bank of Ceylon scored its third ‘trillion’ at the end of the year 2016. That is surpassing the Rs. 1 trillion mark in advances- another unique milestone in its 77-yearjourney as the bankers to the nation and becoming the first, and up to now the only bank to pass this milestone in Sri Lanka. 

Sri Lanka to launch first insurance comparison website ‘InsureMe.lk’

InsureMe Insurance Brokers (Pvt) Limited will be launching Sri Lanka’s first Insurance comparison website within the next few days. 

Renuka City Hotel honours and rewards long-serving employees

Renuka City Hotel recently honoured 46 of its longest serving staff members at a felicitation ceremony held at the hotel. 

Arpico honours top sales professionals in manufacturing and distribution sector

Richard Pieris & Co PLC honoured its top sales professionals and distributors in the local manufacturing and distribution sector for the year 2015/16 at a award ceremony held at the Grandeeza Hotel,

FMJ Holdings’ outward-bound training ends on high note

On December 12th, the FMJ Holdings Group facilitated their entire staff with an out-bound training programme in Kitulgala. 

A T Cooray celebrates 90 years of creating modern office spaces

As Sri Lanka steadily makes its way to becoming a modern metropolis and global brands battle it out to be seen and heard in the city, transforming the modern office space to be more ergonomic, environmentally and employee friendly and appealing to customers is a prerequisite for all businesses despite their size and tenure in the business arena. 

NTB Amex offers exclusive savings at Keells Super

Nations Trust Bank (NTB) American Express (Amex) has partnered with Keells Super to offer exceptional savings and privileges every day of the week, exclusively for NTB Amex cardmembers. Look for these exciting promotions on your next visit to Keells Super:

SDB holds 2016 Lakdaru award ceremony

SDB Bank organised a special award ceremony for Lakdaru account holders who have qualified the Grade Five scholarship examination in 2016, G.C.E. O/L examination in 2015 and Facebook art competition winners. The grand felicitation was held at the Kularathne Hall, Ananda College, Colombo 10, recently.

DOK Solutions Lanka achieves ISO 9001 and OHSAS 18001

DOK Solutions Lanka (Pvt.) Limited, one of the leading record management and document archiving companies in Sri Lanka, achieved ISO 9001 Quality Management System Certification and OHSAS 18001 for the management of occupational health and safety in provision of record management services and its convergence including physical and digital archiving of documents. 

Dialog customers support Lady Ridgeway Little Hearts Project via Star Points

Dialog customers have donated Rs.15 million for the Little Hearts Project at the Lady Ridgeway Children’s Hospital in Colombo, for the construction of a 10-storey cardiac and critical care complex for children.

Hayleys Puritas Sath Diyawara gives 2,200 children brand-new start to school year

What started off as the group’s flagship corporate social responsibility (CSR) endeavour, Puritas Sath Diyawara, which provides 110,000 litres (daily) of drinking water to over 25,000 people in 16 villages, in areas with high prevalence of the chronic kidney disease (CKD) in Sri Lanka’s North and North Central Provinces, has now evolved into its extension ‘Going Beyond’. 

Five-star food fiesta to kick off on August 24

An international food fiesta will be held on August 24, 25 and 26, 2017, at the Pettah floating market.  The food fiesta will be held according to a concept of the Provincial Councils and Local Government Minister Faiszer Musthapha in order to promote the floating market. 

Cinnamon’s city hotels and SriLankan Airlines reward FlySmiLes members

Gastronomy has always been an integral part of the travel experience. It matters little whether one travels for business or leisure, the question of where and what to eat feature nears the top of any traveller’s priorities. 

Celebrating 8 Years, Bharti Airtel commits to empower the youth of Sri Lanka

Bharti Airtel, the third largest telecommunications and network operator in the world with a footprint in over 18 countries recently celebrated its 8th Anniversary in Sri Lanka

Lagarde meets Lankan delegation

The Managing Director of the International Monetary Fund Christine Lagarde held discussions with the Sri Lankan....

EDEX Expo 2017 kick-starts

EDEX 2017, Sri Lanka’s largest education and job fair exhibition was launched at the BMICH by Foreign Affairs Deputy Minister....

Hammond says Britain open to brightest migrants

Post-Brexit Britain will keep its doors open to skilled foreigners who attend the best universities, finance minister Philip Hammond...

Japanese entrepreneurs keen on investing in Sri Lanka

Japanese Entrepreneurs are ready to invest in development and business activities in Sri Lanka, said Chairman of the Japan-Sri Lanka...

China’s largest chip company to build US$30 bn semiconductor factory

China’s largest chip maker has announced it will invest US$30 billion to build a new semiconductor factory, as the world’s...

China data boosts Shanghai but Asia traders on edge

Shanghai stocks jumped yesterday after China’s economy enjoyed its first growth pick-up in two years, but traders....

SRILANKAN AIRLINES MGT CONTRACT: Govt. may go for fresh round of bidding: Minister

The government would go for a fresh round of bidding for the management contract of SriLankan Airlines if the Prime Ministerial Committee tasked with choosing a finalist is not...

Shares end higher on foreign buying

Sri Lankan stocks closed higher yesterday led by financials, after hitting a more than one-week closing low.....

Cockrell Fringe Festival fosters, showcases young talent

Created with the aim of celebrating the many faceted talents of emerging young artists from Sri Lanka, The Cockrell Fringe Festival in Galle was all about anarchic fun without the guilt and brought to the forefront innovative, diverse and daring new works that provided a forum for artists in which they honed their craft while making important professional and audience connections.

Shangri-La’s Hambantota Resort – Best spot for adventure trail tours in southern coast

The guests of Shangri-La’s Hambantota Resort & Spa can take the opportunity to fulfil their travel goals for 2017 through a series of adventure tours and experiences.