Creativity arises in the ‘now’

Many business leaders are getting less interested in ‘post knowledge’ when adapting strategies whether they are presented in a work environment or academically. Post knowledge is a mix of conditioned thoughts and beliefs emerging from the past into the future based on which managers take strategic and operational decisions assuming that the past offers valuable lessons. However, no direct correlation has been found between the ‘

Singer wins top Dell accolade

Singer Sri Lanka PLC, the country’s premier consumer durables retailer, won the most coveted award for the Top Consumer Distribution partner in the South Asia Developing Marketing Group at the Dell South Asia and Korea Channel Summit 2016 held recently in Manila, Philippines. 

UAG partners SLT Mobitel for ‘Premium Payments’ via mCash

Union Assurance General recently partnered with SLT Mobitel to offer its customers the ability to settle premium payments via SLT Mobitel’s widely known mobile money platform, mCash. This revolutionary new payment scheme enables customers to make all financial transactions pertaining to their insurance policy via a mobile money account or from any mCash touch point island wide.

HDFC Bank conducts special workshops to SMEs in Polonnaruwa

HDFC Bank recently concluded a series of Entrepreneurship Development Programmes   for the Small and Medium Scale entrepreneurs in the Polonnaruwa district in line with the “Nila Mehewara “Mobile Service Programme in Polonnaruwa which was jointly organized by the Presidential Secretariat and the Ministry of Home Affairs.

Sampath Bank selects EPIC Lanka to implement ‘Agent Banking’ 

Sampath Bank PLC, one of the premier banks in Sri Lanka in the forefront of adopting latest technologies, recently contracted Epic Lanka to develop and implement its Agent Banking Solution.  This is in an effort to bring about extension of reach to its vast growing customer portfolio across the country and to promote financial inclusion in line with the national vision. With the introduction of Agent Banking, Sampath Bank boasts of yet anoth

People’s Bank renovates Anuradhapura branch

People’s Bank recently relaunched its Anuradhapura branch offering loyal customers the access to state-of-the-art banking services that include various loans and pawning facilities coupled with an enhanced customer service experience. 

HNB Grameen PAT tops Rs. 1 bn for the first time

Pioneers in microfinance HNB Grameen announced a stellar performance for the financial year ended 2015/16 with all key performance indicators showing strong year-on-year growth.

JAT Furnishing offers array of innovative office furniture

As part of its rebranding process, JAT has created a new, unified brand architecture that cohesively reflects the company’s operating segments and cross selling opportunities encompassing its entire sphere of operations. . 

CIC’s Cial appointed distributor for India’s Pidilite Industries

Cial,a renowned brand owned by CIC Holdings PLC recently partnered wit Pidilite Industries Limited India to distributethe Pidilite art &crafts product range through the Cial stationeryproduct distribution channel.

Nations Trust Bank American Express joins hands with Dialog Star Points

Nations Trust Bank American Express is now partnering with Dialog Star Points to enable their Cardmembers the opportunity of converting American Express Membership Rewards Points into Dialog Star Points.

DIMO organizes Mercedes-Benz Star Experience in Ratnapura

Diesel & Motor Engineering PLC (DIMO) recently organized a Mercedes-Benz Star Experience at Silver Ray Hotel, Ratnapura. Mercedes-Benz owners, Jeep owners and potential customers in the Ratnapura. 

FinMin enlightens AIIB members about Lankan development agenda

The members of the Asian Infrastructure Investment Bank (AIIB) were enlightened about the Sri Lanka’s economic development agenda during the bank’s annual meeting. Representatives of 46 member countries of the bank participated in this conference and the conference was held in Beijing, China on June 25 and 26.

Top professionals to present on ‘TCM – Key Enabler of Economic Development’

CMA National Management Accounting Conference 2016 on day two (July 13, 2016) will have presentations on the impact of total cost management (TCM) on infrastructure development, in achieving global competitiveness and a panel discussion where the Business sector, professionals and university academics will discuss the role of these sectors. Also the important topic of integrated reporting practical will have a presentation and a panel discussion.

Implementing green goals in SDGs in Sri Lanka

Sustainable Development Goals (SDGs) takes more of an integrated approach when compared to the Millennium Development Goals (MDGs). 

Swarnavahini earn stop nods at the RaigamTele’es 2016

Swarnavahini, one of Sri Lanka’s leading entertainment and news channels and part of the EAP Broadcasting Company 

Predictable, sound economic policies need of the hour: US envoy

As Sri Lanka continues to ambitiously plan its future, a top US government representative yesterday said the government 

Sri Lanka officially applies for GSP Plus

Sri Lanka applied to regain the Generalized System of Preferences Plus (GSP Plus) facility from the European Union

Sri Lanka to impose capital gains tax on stocks: Minister

REUTERS: Sri Lanka intends to impose a capital gains tax on profits from equities, a senior government

Seylan gets nod to list Rs.5bn debt securities on CSE

Seylan Bank PLC has received approval in principle to list its debt securities up to Rs.5 billion in the Main Board 

Singer Sri Lanka seen upping stake in sewing machine unit

Leader in white goods retailing, Singer Sri Lanka PLC this week bought further into its sewing machines manufacturing subsidiary

Sri Lanka to host World Export Development Forum in October

T h e E x p o r t Developmen t Board (EDB) yesterday briefed foreign diplomats and Lankan Consul Generals on the

AGM rush this year too as usual

Continuing the trend of exhausting their investors, the AGM rush for entities listed on the Colombo Stock Exchange continues

China Harbour hands over restored ‘National Shrine’ to Catholic Church

The China Harbour Engineering CompanyLtd (CHEC) which undertook the restoration of the roof and terraces of the ‘Basilica of Our Lady of Lanka’ completed the project and officially handed it over to 

AIA declares outstanding 9.55% dividend for customers

Against the economic scenario last year, which showed the country’s gross domestic product (GDP) growth slowing down while inflation increased,

Can Asia shield the world against Europe’s Brexit woes?

The shock of Britain’s vote to exit the European Union (EU) will reverberate around the world for decades to come.

CSE wins National HR Excellence Gold Award at National HR Conference 2016

The Colombo Stock Exchange (CSE) was presented with a National HR Excellence Gold Award at the recently held National HR Conference for 2016.

NDB opens Warkapola, Thabuttegama branches

National Development Bank PLC (NDB) further extended its footprint with the opening of its 101st branch in Warakapola and 102nd branch in Thabuttegama recently. 

FITIS reaches out to help flood victims

The Federation of Information Technology Industry Sri Lanka (FITIS) distributed school books amongst more than 200 students who lost their possessions in the recent devastating floods which inundated their homes in the Colombo North area. 

NeoChem moves to new premises in heart of Battaramulla

NeoChem International (Pvt.) Limited celebrated the opening of its brand-new office in Battaramulla in grand style with Mane Flavours & Fragrances Managing Director Sumit Dasgupta gracing the occasion as the chief guest.

Abans dries problems away with Hoover

Traditional tumble dryers have a reputation of being basic, noisy and inefficient appliances, however the continuous growth in technological advancements has played a major role in the development of