CNCI seminar on budgetary relief allowance on June 8

The Ceylon National Chamber of Industries (CNCI), the pioneering industry chamber in the country, has scheduled a half-day seminar on the payment of the budgetary relief allowance to the private sector employees, on June 8, 2016 from 1:30 p.m. to 430 p.m., at Mahaweli Centre, No: 96, Ananda Kumaraswami Mawatha, Colombo 7 (close to the Public Library).

Tea broker expresses cautious optimism over tea prices in 2nd half

The first quarter of the Sri Lankan tea industry wasn’t as resilient as in the same period in 2015. However, the industry could recover some of its lost momentum in the second half of this year due to shifts in global politics in addition to oil— the prized commodity majority of our tea importing countries depend on for their economic well-being— has seen a steady upward momentum in the first quarter of this year.

Toyota recalls 490,000 vehicles in Japan, other regions over airbags

REUTERS: Toyota Motor Corp said on Tuesday it was recalling a total of about 490,000 vehicles in Japan, China, Europe and other regions over potentially faulty air bag inflators produced by Takata Corp, further widening a massive global recall.

Hyundai Motor to launch 200-mile electric vehicle in 2018

REUTERS: Hyundai Motor said it plans to launch an electric vehicle with a driving range of more than 320 kilometres (about 200 miles) per charge in 2018, aiming to better compete with other electric car makers such as Tesla Motors Inc.

Quantum Leap presents ‘Practical Strategic Planning’ workshop

Quantum Leap Training which is focused on crafting human solutions for organisations and professionals in different spheres in Sri Lanka presents its much looked forward to workshop, “Practical Strategic Planning” focused on taking organizations to the next level of performance through effective strategizing techniques today (June 3rd) at the Galadari Hotel. 

Nominations period extended for 6th Professional and Career Women Awards 2016

Women in Management (WIM) and IFC, a member of the World Bank Group, the organisers of the sixth Professional and Career Women Awards 2016, have extended the last date to receive nominations for the awards.

Whose burden is ‘unpaid’ housework?

Some of us are lucky enough to have full-time or live in domestic help – considered more precious than gold by many today – while others have to make do without. I know what I am talking about because since my domestic help left for the holidays and never came back, I am doing what has to be done in the home – the cooking, the cleaning, the laundry, the works. I’m lucky enough to have a husband who helps but not many, I kn

ComBank focuses on being ‘best to market’ rather than ‘first’: MD

What are the key milestones achieved during the last financial year? Commercial Bank once again affirmed its status as the largest private bank in Sri Lanka in 2015. Solid growth was achieved across all business lines and the asset base was further strengthened.

crowdisland.lk to make crowdfunding a reality for Lankan start-ups, SMEs

Backed by an experienced consortium of founders, the recently launched online platform www.crowdisland.lk aims to bring together talented entrepreneurs and quality investors to make crowdfunding a reality for Sri Lankan start-ups and small and medium enterprises (SMEs). 

SLIM reveals secrets of sales success at open day

Sri Lanka Institute of Marketing (SLIM) recently conducted an open day for thenational diploma in sales management (NDSM) for prospective students and sales personnel with the aim of educating them about the NDSM programme and the secrets of success in sales.

UAG leads with unique approach to leadership

Union Assurance General Limited (UAG) has identified the Bandarawela and Nuwara Eliya branches as the best performing branches as at March and April of 2016 respectively. 

Expert session to address illegal wildlife trade on June 5

Sri Lankan biodiversity enthusiasts will hold an ‘expert session’ in view of the World Environment Day, which falls on June 5, 2016 to discuss ways and means of tackling illegal trade in wildlife.

AMW unveils Renault Kwid and Renault Duster in Sri Lanka

Associated Motorways (AMW) announced the partnership with Renault, a well known French automotive brand, by officially unveiling Renault Kwid and Renault Duster to the Sri Lankan market recently.

DFCC Bank branches out to Bandaragama

Continuing its successful expansion drive,DFCC Bank’slatestfully-fledged branch was ceremoniously declared open in Bandaragama

ASSOCIATED MOTORWAYS (AMW) LAUNCHES THE RENAULT BRAND IN SRI LANKA

Associated Motorways Private Limited (AMW), launched the Renault brand in Sri Lanka today. Forover 65 years, 

60 World-class Travel Bloggers now in Sri Lanka for Cinnamon TBC Asia 2016

The Cinnamon Travel Bloggers conference and awards- Cinnamon TBCasia 2016, commenced today with a pre-conference tour for 60

ETIHAD AIRWAYS LAUNCHES THIRD DAILY FLIGHT FROM COLOMBO

  Colombo, SRI LANKA – Etihad Airways is offering travellers from Sri Lanka greater choice and more travel options to the GCC,

Megapolis unveils US $ 11.5bn transport master plan

After almost five months hiatus since the launch, the Megapolis team this week unveiled its US $ 11.5

Sri Lanka’s May consumer prices jump after tax hike

REUTERS: Sri Lanka’s May consumer prices and core annual inflation rose to multi-month highs, data

SL ratifies major trade pact with WTO

Sri Lanka’s Permanent Representative to the WTO in Geneva Ambassador R.D.S. Kumararatne presented

Access March quarter flat; full year net up 5% to Rs.2.47bn

Construction giant and diversified conglomerate, Access Engineering PLC (AEL) posted a net profit of Rs.642.2

SL’s largest hospitality operator says newlybuilt 3-4-star hotels poaching biz from them

Newly-constructed three- to four-star hotels in Colombo are siphoning business away from five-star hotels

Rupee forwards tax expenses edge down on importer dollar demand

REUTERS: Sri Lankan rupee forwards closed marginally lower yesterday on importer dollar demand, but the

Expolanka March profits hit by higher tax expenses

The diversified freight and logistics firm, Expolanka Holdings PLC saw its March quarter net profit declining

Talks on Sri Lanka – Singapore FTA kick off

The government is moving ahead in full steam to capitalise the visit of Singapore Trade and Industry Minister S

Pedia Plus launches ‘Gift Galore’ promo to reward loyal consumers

Rewarding their consumers for years of trust and loyalty Pedia Plus, a premium milk formula specially designed

National Chamber-GRI to hold workshop on sustainability reporting

National Chamber of Commerce Sri Lanka in collaboration with Global Reporting Initiative (GRI) South Asia

Fitch to host Sri Lanka Sovereign and Corporate Forum

Fitch Ratings Lanka Ltd is pleased to host the Sovereign and Corporate Forum on Thursday, June 16, 2016,

Walkers CML partners for Transport and Logistics Research Symposium

Walkers CML partners with the Sri Lanka Society for Transport and Logistics and the Chartered Institute 

Maskeliya Plantations undertakes another CSR project

The tea plantations coming under Maskeliya Plantations PLC, which is owned by Richard Pieris Group of Companies,