Russia’s VTB bank returns to profit in first quarter

AFP - Russia’s second largest bank VTB yesterday announced a return to profit in the first quarter, saying “stabilisation” in the Russian economy had boosted revenues, although by less than analysts had expected.

Japan lender’s profits hit by Bank of Japan negative rate move

AFP - The Bank of Japan’s shock negative rate policy is taking a bite out of profits at major banks, with Mitsubishi UFJ yesterday warning over its bottom line.

NSB’s 1Q PAT increases by 28% to Rs. 2.35 billion

Deposit base of the Bank surpassed Rs.600 billion by end of March 2016 supported by the growth of both savings and fixed deposits. 

CIM Sri Lanka 16th Annual Conference on June 28, 29

The 16th Annual Conference of the Chartered Institute of Marketing Sri Lanka is scheduled to be held on the 28th and 29th June 2016 under the theme ‘Disruptive Innovation”. The conference will be inaugurated on Tuesday, 28th June at 6.30 pm and the technical sessions will be held on Wednesday, 29th June 2016 from 9 am -5pm at Waters Edge Battaramulla. 

Advantis Projects & Engineering receive OHSAS Certification

Advantis Projects and Advantis Engineering were awarded the International Occupational Health and Safety Assessment Series certification or OHSAS 18001:2007, reinforcing its commitment to the highest standards of safety in its operations. 

Vogue Jewellers becomes world’s first jeweller to be ISO 9001:2015 certified

Vogue Jewellers, with its continual commitment to excellence in jewellery manufacturing and customer service becomes the world’s first jeweller to be certified the coveted ISO 9001:2015 standards. 

JLanka-powered Megapolis Development Plan seminar on May 19

Following the wildly successful first lecture session on the Western Region Megapolis Development Plan, the Ceylon Institute of Builders (CIOB) in association with JLanka Technologies is planned to conduct the second seminar in the series titled ‘Seminar on How to Solve the Urban Traffic Congestion in the Megapolis Development Plan’.

Atlas blazes ahead to No 4 among unlisted brands in Sri Lanka

In a gesture that highlights its meteoric rise to the top, Atlas was recently ranked at No 04 in Sri Lanka’s most valuable brands ,under the unlisted category,  just three slots behind three global brands, in Brand Finance’s 2016 ranking of the country’s leading brands - a special edition of the LMD magazine.

Coca-Cola’s Biyagama plant conferred ‘TPM Excellence Award’

Coca-Cola Beverages Sri Lanka Ltd. (CCBSL) announced that its Biyagama plant has been bestowed with an Award for ‘TPM Excellence by the Japan Institute of Plant Maintenance (JIPM). 

From preserving ecosystems to building airports, Asia needs to work together

In an increasingly fragile, interconnected world, where humanitarian and development needs are a burden on budgets, cooperation is a buzzword. The scale of the challenges facing humanity, and the scope of ambitions to leave no one behind under the new global development roadmap, have placed collaboration in the spotlight. This holds true for regional development as well as humanitarian initiatives.

Dialog’s Ideamart Powers Google IO Extended 2016

Dialog Axiata will power Google IO Extended 2016, Sri Lanka’s largest technology exposition and event. 

Fresh initiatives to boost Sri Lanka’s ICT training and education sector

A series of new initiatives will be launched with the core objective of giving an impetus to the overall development of the Information and Communication Technology (ICT) training sector said Upul Dassanayake, the newly elected President of the Federation of Information Technology (FITIS) Education and Training Chapter.

Arden Institute appointed as AHLEI’s Lankan partner

Arden Institute, Sri Lanka’s leading school of personal and professional development, has been appointed as the global academic partner of American Hospitality & Lodging Educational Institute (AHLEI) in Sri Lanka.

NYK Group highlights SL’s growth potential as a shipping hub

With Sri Lanka working towards establishing the country as a maritime hub in the region, the private sector is taking more initiative towards enhancing the potential of the people in the industry through better knowledge-sharing opportunities. One such forum was WISTA-CASA Asia Shipping Conference 2016, held in Colombo recently. 

Esoft to award 15,000 scholarships as part of national programme

Esoft, the undisputed leader in private sector higher education in Sri Lanka, is embarking on a new project aimed at developing the IT knowledge of citizens across the nation with the approval and guidance of the government and the Telecommunication and Infrastructure Ministry.

LMRB wins LiveWire UK’s Financial Services Research Firm of the Year Award

Lanka Market Research Bureau (Pvt.) Limited (LMRB) was selected as the Financial Services Research Firm of the Year by Corporate Livewire 2016 Finance Awards UK, the leading global awards programme celebrating growth and strong performance in the finance industry. Through an extensive judging process, the awards recognize individuals, teams and businesses that have demonstrated success and innovation over the last year. 

Chinese executive ‘confesses’ to $800m fraud

AFP - The alleged mastermind of a scam which cost Chinese investors hundreds of millions of dollars lived in a penthouse flat featuring peacocks and fountains, reports said yesterday after he was paraded on television confessing.

TMI Solutions bags most awards at Nihon Kohden Annual Dealer Conference

TMI Solutions (Pvt) Ltd – the exclusive distributor for Nihon Kohden Corporation – Japan stole the lime light at the annual distributor conference of Nihon Kohden Asia Pacific Distributor conference held at Cebu Islands Philippines on the 5th and 6th May. 

Statement from Commercial Bank – Hacking attack

There was a hacking attack on our website and the Bank took immediate corrective steps. Our systems are fully secure and operational.

Society of Structural Engineers Sri Lanka organizes International Structural Engineering Conclaves-

Society of Structural Engineers Sri Lanka (SSE-SL) organizes three Structural Engineering Conclaves

JAT Living to ready ‘77 On Fourth Residencies’ by Nov. 2017

In a time where entrepreneurship is escalating, more investments ensue to cascade into the country and

NTB 1Q net up over lower impairments; core banking narrows

John Keells Holding’s banking sector arm, Nations Trust Bank PLC (NTB), upped its March quarter net profit

J’pura University trade and educational fair underway

The Department of Entrepreneurship of University of Sri Jayewardenepura is the only department which

Blue Mountain all set for five new land projects

Prospective homebuyers islandwide can make their dreams come true when Blue Mountain Properties

Emirates SkyCargo named Best Cargo Airline in Middle East

Emirates SkyCargo has clinched another industry accolade with its latest award of Best Cargo Airline in the

DMS Software Technologies clinches half the Partner Awards

The pioneer in Oracle applications, DMS Software Technologies recently secured 3 out of the 6 Partner 

To succeed in your CRM implementation always put the customer first

There are essentially three issues that a company must address in order to organise around customers.

‘AISEX’ to be held in June

Apparel Industry Suppliers Exhibition (AISEX) is an exhibition which aims to bring all suppliers and service

Cinnamon Air flies daily to H’tota from Colombo, Kandy

Cinnamon Air, Sri Lanka’s premier domestic airline, now offers daily scheduled flights to Hambantota (Mattala

Dialog’s 7th Circuit - Home Cinema Platform launched

Sri Lanka’s premier pay-tv network, Dialog Television, announced the launch of its pay-per-view home