Protesting against proposed Customs law

A demonstration was staged by the Customs Trade Union Alliance yesterday in front of Sri Lanka Customs headquarters in Colombo Fort, demanding the authorities to withdraw the proposed new Customs Ordinance Draft Bill Pic by Kushan Pathiraja

Knit fabric maker changes name to Teejay Lanka PLC

Leading knit fabric manufacturer Textured Jersey Lanka PLC has changed its name to Teejay Lanka PLC, the company informed the Colombo Stock Exchange yesterday. 

E-Channelling majority shareholder accepts Mobitel’s voluntary offer

The majority shareholder of E-Channelling PLC, Senior Marketing System Asia (Pte) Limited, said it had accepted the voluntary offer made by Mobitel Private Limited to purchase its shareholding in the country’s first doctor channelling platform.

National inflation in August up 4.5%

Sri Lanka’s national headline inflation, which captures the price movements across all provinces, rose 4.5 percent year-on-year (YoY) in August but decelerating from the previous month’s 5.8 percent, the data released by the Department of Census and Statistics (DCS) showed. 

CIM Sri Lanka partners with British School of Commerce

The Chartered Institute of Marketing Sri Lanka entered into a strategic partnership with British School of Commerce (Pvt) Limited, one of the leading Management Educational Institutes, and a division of the London School of Commerce (UK) Group of Colleges ,to further strengthen the knowledge and expertise  of marketing. 

Fall of Hanjin Shipping: What implications for international trade?

From raw materials to finished goods, the global shipping industry carries the lifeblood of international goods trade. But after years of weakening demand, overcapacity, and falling freight rates, the shipping industry is struggling on  several fronts. 

Bloomberg-CBSL launch trading system for govt. bonds

Bloomberg and the Central Bank of Sri Lanka (CBSL) yesterday announced the launch of the Bloomberg E-Bond trading and market surveillance system, a new electronic trading and reporting system for Sri Lankan government securities. 

Neluka De Alwis among top 50 women leaders in Asia

Recognizing the significant achievements of women in marketing, the 7th edition of the CMO Asia Awards held in Singapore recently cited Neluka De Alwis – Head of Sales & Marketing (Residential) at Shangri-La Hotels, Lanka (Pvt) Ltd, as one of the top 50 women leaders in Asia. 

Banking the poor: Financial literacy is the key

Giving the poor access to financial services is accepted wisdom. What isn’t appreciated is how this is undermined by a lingering lack of trust in banks among the people most in need of their services.

Competency-based training programme

The 5th Competency-based training programme (2-month residential) was concluded on August  11th, under the distinguished patronage of Athula Galagoda, Senior Vice President of National Construction Association of Sri Lanka, at the A.Y.S. Gnanam Construction Training Academy, Dambulla. The trainees will be called for the National Vocational Qualification Test in the near future.

CTC reiterates commitment to create positive and engaging work environment

Echoing its commitment as one of the country’s top employers, to create an engaging work environment for its employees, Ceylon Tobacco Company PLC (CTC) recently upgraded and refurbished its offices in Colombo and Kandy.

Medical appointments at Ninewells Hospitals now via Doc 990

Pioneering maternity and child hospital, Ninewells, joined the Doc 990 digital health portal, enabling parents and patients to make medical appointments with convenience and ease via their mobile phones. 

Leading Swedish e-health company partners with Creative Solutions

The leading Swedish e-health company Frisq has partnered with Creative Solutions for the development of their e-health platform. 

Sanasa Development Bank unveils new logo

Sanasa Development Bank PLC (SDB) recently unveiled its new logo as an important aspect of its restructuring programme. 

Durdans makes a mark in bone marrow stem cell therapy

Durdans Hospital Colombo announces successful adaptation of bone marrow stem cell therapy and application of advanced coronary heart procedures (CTO and Rotablations) in treating complex heart diseases. 

Trading arm of Samson Rubber Industries conducts dealer convention

Samson Rubber Industries (manufacturer and distributor of DSI tyres) recently held a successful convention at Thurya Hotel Kaluthara for the dealers of its trading arm. 

Bloomberg-CBSL launch trading system for G-Secs

Bloomberg and the Central Bank of Sri Lanka (CBSL) yesterday announced the launch of the Bloomberg E-Bond trading and market surveillance system, a new electronic trading and reporting system for Sri Lankan government securities (G-Secs). 

Rupee ends lower on importer dollar demand

REUTERS:  The Sri Lankan rupee fell yesterday on importer dollar demand, with currency forwards active in the absence of trading in the spot currency, dealers said, a day after moral suasion by the central bank capped the rupee’s fall.

Dialog launches ViU: Revolution in video entertainment

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider recently announced  the launch of Dialog ViU (Video Unlimited), a revolutionary advancement in video entertainment for Sri Lankan consumers.  

We need to guide youth to take up productive employment: Dinesh

Most employers say they cannot find school leavers to train for industry. This is a big issue for most industries, especially for tourism and construction, the supply side needs to be sorted out fast according to Dinesh Weerakkody Chairman National Human Resource Development Council Sri Lanka speaking at the CA Training partners program at the Institute of Chartered Accountants auditorium last week. 

Nawaloka Hospitals marks 31 years of spearheading new legacy in private healthcare

Pioneering private healthcare leader, Nawaloka hospitals, this month commemorates 31 years of profound impact on healthcare across Sri Lanka. 

Top South Asian millennials’ meeting kicks off today

Global Shapers from across South Asia will gather in Colombo for ‘Shape South Asia 2016’ kicking off today, with Finance Minister Ravi Karunanayake as the chief guest and Deputy Foreign Minister Harsha de Silva delivering the keynote address. 

Jinasena launches solar solutions for domestic and industrial markets

Jinasena (Pvt) Limited, one of the leading water management systems and solutions providers in Sri Lanka, has expanded business operations in Sri Lanka by venturing into domestic and industrial solar solutions under its renewable energy sector product range.

Samapth Bank launches My Book Club loyalty card

Reinforcing the value of reading amongst people in Sri Lanka, Sampath Bank partnered with Colombo International Book Fair 2016 as the official bank for the 12th consecutive year.

Pest control with a ‘green touch’

There’s pest control, then there’s carbon neutral pest control. The Exterminators (Private) Limited – Sri Lanka’s most decorated and Asia’s only Carbon Neutral-certified pest control company, renewed its carbon neutral status for a third consecutive year through recertification from Natural Capital Partners (NCP) in  the UK.

Insights Advertising celebrates nine insightful years

Nine insightful years - that’s the accomplishment of Insights Advertising, an integrated marketing and communications agency, that’s offering a fresh outlook in advertising which is creative led and down to grassroots level in strategy, philosophy and execution.  

Ceylon Chamber holds Sustainability Awards 2016 pre-brief seminar

Closer to 100 corporate executives took part in the pre-brief seminar held recently at the Ceylon Chamber of Commerce to create awareness on the upcoming Best Corporate Citizen Sustainability Awards 2016, an annual event that recognizes the sustainability champions of the corporate world.

In Conversation with Miss Intercontinental 2015 - Valentina Rasulova

For the first time in Sri Lanka the prestigious Miss. Intercontinental pageant will be hosted and presented here this October. Presented by Crown Paints by JAT,

Lamudi’s second real estate expo launches in September 2016

Leading property portal Lamudi Lanka (Pvt) Ltd is excited to host its Second Real Estate Expo in Sri Lanka, which will take place on the 23rd and 24th of September 2016 at the Taj Samudra North Lawn from 10am-7pm. This extravagant event will consist of the island’s top real estate developers showcasing their finest projects and providing home services to buyers, sellers, renters, and investors.

Rupee ends steady; state bank dollar sales cap fall

REUTERS: The Sri Lankan rupee ended steady yesterday as a state bank sold dollars after the local