IPM’s Great HR Quiz 2016 now a regional event

IPM Sri Lanka – the nation’s leader in human resources management – has organised its popular corporate HR quiz programme ‘The Great HR Quiz 2016’ for the third consecutive year and will be held on Wednesday, November 16 at Hotel Galadari, Colombo, commencing at 3:00 p.m. 

NTB credit card promo winner walks away with fuel bowser

Since its inception, Nations Trust Bank (NTB) has been committed to delivering unparalleled products and services and recently announced Milroy Perera as the winner of the free fuel bowser giveaway, a unique and revolutionary programme which offers the bank’s American Express and MasterCard cardmembers a chance to win 13,200 litres of fuel.

Three all-time record prices at tea auction

Kenilworth estate situated in Ginigathhena has achieved an all time record price at the weekly tea auction of 19th October, by securing an attractive price of Rs.890 per kg for a BOP SP  grade in the Western Medium Grown category.

Unilever Sri Lanka’s ‘Gamata Api’ initiative empowers rural communities

‘Doing well by doing good’ is part and parcel of Unilever Sri Lanka’s everyday business approach. Bringing to life the company’s vision of making sustainable living a common place, under the pillar of enhancing livelihoods, the route to market Saubhagya channel was born. 

SIA receives sixth A350 – the 10,000th aircraft Airbus has delivered

Singapore Airlines has taken delivery of its sixth Airbus A350-900 – the 10,000th aircraft that Airbus  has delivered.

ComBank entertains customers and agents in Bahrain

High profile Sri Lankan expatriates living and working in Bahrain and business partners were hosted by the Commercial Bank of Ceylon to an evening of entertainment and dinner recently in Manama, the capital of the monarchy. 

Sri Lanka Telecom recruits outsourced employees

Sri Lanka Telecom (SLT), the country’s telecom giant, has recruited 121 outsourced employees attached to its Human Capital Solutions (HCS) subsidiary to the permanent cadre of SLT.  These employees have received the necessary qualifications under the Staff Recruitment and Promotions Scheme (SRPS) of SLT adhering to the recruitment process and policy of SLT. The appointment letters were presented to them at a special ceremony held at th

Fitch says challenging operating environment for small and mid-sized banks

A recent periodic review by Fitch Ratings forecasted challenging times ahead for the country’s small and mid-sized banks, largely stemming from capitalisation issues. 

CICT brings Colombo Port to world attention at TPM Asia Conference

The Port of Colombo received invaluable global visibility recently when a representative of Colombo International Container Terminals (CICT) was accorded the rare honour of making a presentation at the 2016 TPM Asia Conference in Shenzhen, China.

Siyapatha Finance opens new branch in Wellawatte

One of the leading finance companies in Sri Lanka, Siyapatha Finance PLC, celebrated the opening of a brand new branch in Wellawatte, on October 6th. This is the 24th branch in the long list of branches opened by Siyapatha Finance in the recent years.

‘People’s Bank Foreign Remittance Gold Fortune 2016’sees completion of 16th draw

Jeseema Begam from the People’s Bank Kantale Branch had recently received money from abroad which automatically entitled her to win the 16thdrawof People’s Bank Foreign Remittance 

“My Friend” Foundation organizes Children’s Day Event

Aligned with its commitment to uplift and empower underprivileged children, the ‘My Friend – “Inspiring Hope” Foundation organized an exclusive event to mark Children’s Day on 10th October. 

CDB together with SLACD launches childhood autism awareness campaign

Citizens Development Business Finance PLC (CDB) in collaboration with the Sri Lanka Association for Child Development launched an island wide Autism Awareness Campaign,

Selonica Nalawansa returns to Leo Burnett to lead Publicis Sri Lanka

Renowned advertising and management professional Selonica Nalawansa recently returned to Leo Burnett Sri Lanka to take up the leadership role at Publicis Solutions Sri Lanka

South Asia’s Leading E-Commerce Giant, Daraz, Set To Enter Sri Lanka

Daraz is the leading e-commerce platform in South Asia, with operations in Pakistan, Bangladesh and Myanmar. Daraz is a business-to-consumer marketplace for a wide range

Siyapatha Finance Opens a New Branch in Wellawatte

One of the leading financial companies in Sri Lanka, Siyapatha Finance PLC celebrated the opening of a brand new branch in Wellawatte, on the 6th of October 2016. 

Central Bank to the rescue

The Central Bank of Sri Lanka (CBSL) will dole out nearly Rs. 16.5 billion through cash and government securities for investors and depositors of four fraud-ridden finance companies starting from next year.

Hashim assures govt. will not privatise SLIC

During an official visit to the Sri Lanka Insurance Corporation (SLIC) yesterday, Public Enterprises 

CB likely to raise interest cap on finance company deposits

The Central Bank will soon raise the cap imposed on interest rates offered on deposits by finance companies as the current interest rate ceiling has become irrelevant in the rising interest rate 

Power generation mismatch in CEB’s plan raises eyebrows

In the backdrop of power cuts being announced this week, the Sri Lankan power regulator 

Pace Institute holds ‘Path to Your Real Success’ seminar

The seminar titled ‘Path to Your Real Success’ recently organised by the Pace Institute in 

Govt. support, incentives to smallholders could reduce emissions from deforestation: expert

In Sri Lanka’s effort towards boosting the capacity and infrastructure required to reduce emissions 

Isuru Samarasinghe re-elected as SLRBC President

Isuru Samarasinghe was re-elected as President of the Sri Lanka-Russia Business Council (SLRBC) 

LankaClear becomes first in South Asia to launch online transfer mode for CITS

LankaClear (Pvt.) Ltd, the operator of Sri Lanka’s national payment network – LankaPay, made yet 

SriLankan bans Samsung Note 7 on all aircraft

Sri Lanka’s national carrier, SriLankan Airlines has imposed a total ban on the carriage and usage of 

Does China get what it wants in East Asia?

East Asia’s regional order is in the throes of a remarkable transition, but the nature and potential 

Kenya’s top energy drink company selects Lankan mobile sales force automation system

Ceylon Linux, a Sri Lankan software developing company recently deployed their mobile sales force automation solution for Ocean Foods Ltd, in Nairobi, Kenya.  

Foreway Logistics celebrates 5th anniversary

Foreway Logistics Colombo celebrated its fifth-year anniversary on October 5, 2016. The company head quartered in the heart of Colombo, Sri Lanka provides a full range of supply chain management 

BOC’s Indunil receives OPA National APEX Award 2016

Bank of Ceylon (BOC) Chief Marketing Officer (CMO) Dr. Indunil Liyanage received the prestigious National APEX Award (Pinnacle Award) 2016 from Present Maithripala Sirisena. 

Emerald Sri Lanka Fund invests Rs.158mn in centralized laundry services provider

Emerald Sri Lanka Fund invested Rs. 158 million (US$ 1.08 million) in Cleanline Linen Management (Pvt) Ltd. (CLM), a centralized laundry services provider in Sri Lanka.