How should Southeast Asia respond to South China Sea ruling?

Southeast Asia has descended into a maritime insecurity spiral since the April–June 2012 stand-off 

Fonterra NZ farmer volunteers help local farmer families adopt sustainable practices

Over the past few months several New Zealand dairy farmers have visited Sri Lanka sharing their knowledge and expertise with local farmers, as part of Fonterra Brands Sri Lanka’s new farmer 

Union Bank opens 65th branch in Borella

Union Bank continuing on its rapid network expansion initiatives, opened its 65th branch at Gnanartha Pradeepa Mawatha in Colombo 8.  The branch offers a comprehensive portfolio of products and 

Triple bottom line featured at SLIIT Corporate Challenge 2016

Four innovative presentations concluded the SLIIT Corporate Challenge 2016 held at the SLIIT Campus in Malabe last week. A total of 20 state and private universities took part in the challenge 

Coca-Cola’s 5BY20 initiative continues to uplift, empower women across Sri Lanka

Three participants from the Coca-Cola’s 5by20 programme were felicitated for their hard work, 

Dialog-Trail 2016 to build Cancer Treatment Centre in Karapitiya

Sri Lanka’s premier telecommunication service provider, Dialog Axiata joined hands with ‘Trail 2016’ 

Dr. Noel Tagoeto to speak at CIMA Business Leaders Summit

Organisations operate in a world of increasing complexity, with multiple internal and external factors, interdependencies and trade-offs to consider when making decisions. A system is required to 

People’s Bank holds blood donation camp commemorating 55th anniversary

In commemoration of the 55th anniversary of People’s Bank, a blood donation camp was held 

Esoft Metro Campus-Sirasa TV donate computer lab to Panadura Mahanama Navodya College

Esoft Metro Campus, which has launched the ‘E-Thilina’ community service-oriented initiative in partnership with Sirasa Television, donated a fully-fledged, computer laboratory with Internet and   

How crowdfunding can help women (and men) entrepreneurs

Most (women and men) believe that given the right kind of funding, there are great ideas and great opportunities that can create great businesses. Innovation can and does drive economic growth in 

IFC, Sampath Bank boost trade finance for small businesses in Sri Lanka

IFC, a member of the World Bank Group, is partnering with Sampath Bank PLC to provide trade 

Ravi Jayawardhena wins IPM “People Leader in Marketing” Award

Ravi Jayawardhena, Chief Executive Officer of Sales and Marketing at Maliban Biscuits Manufactories, was honored with the “People Leader in Marketing 2016”award by the Institute of 

Fashion Bug initiates environment awareness at Homagama Hospital

With a genuine interest and concern towards battling environmental issues, Fashion Bug, one of Sri Lanka’s leading retail clothing chains with over 16 outlets islandwide, kicked off the awareness 

Sri Lanka hosts 2016 Coffee Bean & Tea Leaf World Barista Competition

The world’s most talented Baristas converged on Colombo from 18 to 20 July to showcase their skills at one of the most prestigious events in its field,  

SEC halts Agalawatte share sale payment

The Securities and Exchange Commission (SEC) yesterday issued a directive to Claridge 

John Keells to enter boutique hotel market with ‘Cinnamon White’

The country’s largest leisure sector operator, J o h n K e e l l s Holdings (JKH), will be entering the boutique hotel sector in the near future, under the branding theme ‘Cinnamon White’. “Our brand 

Good governance activist wants SEC to regulate bond market

In an open letter to the new Central Bank Governor Dr. Indrajit Coomaraswamy, good governance 

Amana Takaful Life’s Rs.75mn IPO opens today

The Initial Public Offering (IPO) of Amana Takaful Life Limited (ATLL) – a fullyowned subsidiary of 

Nimal divests Kalamazoo stake to Renuka Holdings

Royal Ceramics PLC Managing Director Nimal Perera divested his entire stake in Kalamazoo Systems PLC held through a margin account at Seylan Bank for Rs.50 million to Renuka Holdings 

ETCA talks transparent; framework to be finalized in August to fast track the pact: Dy. Minister

Sri Lanka’s government will have a national trade policy followed by an international trade secretariat 

New WB Country Director reiterates support

The World Bank (WB) reiterates that it is prepared to extend its full assistance towards Sri Lanka. The new World Bank Country Director Dr. Idah Pswarayi- Riddihough stated this when she met 

CA Sri Lanka launches CFAS qualification with career guarantee in outsourcing industry

The inaugural course of the groundbreaking qualification for the Finance and Accounting Outsourcing (FAO) sector launched by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), kicked off in July, with an aim to produce specialized professionals, who will give leadership to help Sri Lanka’s IT/BPOsector reach its ambitious goals of US$ 5 billion in exports by 2022. 

DPMC empowers women entrepreneurs

David Pieris Motor company Limited has launched a series of programmes to support women entrepreneurs who use Bajaj three-wheelers in their business activities. 

Asian Alliance wins big at Insurance Industry Awards, claims highest tally

Reaffirming its strong commitment to excellence in all key areas of operations, Asian Alliance Insurance has won acclaim at a national level for leadership in multiple subject areas – by bagging a record tally of four awards, the highest won by a single brand, at the inaugural Insurance Industry Awards of Sri Lanka 2016.

Benefits of a potential Singapore-Sri Lanka FTA

Singapore and Sri Lanka officially launched negotiations for a free trade agreement (FTA) by the respective trade ministers on July 18, 2016. The event was witnessed by Prime Ministers Lee Hsien Loon and Ranil Wickremesinghe, who was in Singapore on a two-day visit. This follows Singapore Trade and Industry Minister S. Iswaran’s visit to Sri Lanka in June, who stated, “The potential for a good quality bilateral free trade agreement be

Laila Gunesekere honoured with Gold award

Laila Gunesekere-Martenstyn was recently honoured with a Gold Award for her Extra Ordinary Contribution to the industry by the Women in Management organisation. The award recognises Laila’s lifelong dedication to the upliftment of the advertising industry through her efforts to foster creative growth, training and for nurturing numerous top local and regional brands to maturity.  

BOC among top 1000 banks in the world once again

“The Banker” U.K Magazine revealed The Bank of Ceylon as the No. 1 Bank in Sri Lanka among the World’s Top 1000 Banks in its July 2016 issue. 

Citi proud to partner Lankan govt. in US$ 1.5 bn dual-tranche int’l sovereign offering

Citi achieved yet another milestone on 11th July by partnering with the Central Bank of Sri Lanka on behalf of the Sri Lankan Government to successfully raise US $ 1.5 billion in a dual-tranche 5.5- and 10-year bond offering.  

As engines of growth, cities need to be made more resilient to natural hazards

Today more people live in cities than in the countryside worldwide. We look to our cities for economic opportunities and for all things bigger, better and newer. To quote United Nations secretary-general Ban Ki-Moon, “Urbanisation is a driving force as well as a source of development. It has the power to change and improve the lives.” Yet, cities will only remain engines of growth if they are made far more resilient to the growing thr

UltraTech Cement Lanka Dealer Awards

The dealer performance award ceremony of UltraTech Cement Lanka (Pvt) Ltd was held on 16th July at Taj Samudra Hotel, to reward 87 dealers island wide. The event was attended by Chief Guest, Kiran Redkar (CEO of UltraTech Cement Lanka) along with Sanjay Gadkari (Head of Marketing of UltraTech Cement Lanka)