Sampath Bank launches Export Bonanza with attractive export concessions

Reiterating its commitment towards uplifting the economy of Sri Lanka and placing significant importance on the international trade industry

Railway electrification: Why hesitate?

Ask any audience to raise their hands, if they support the renewed thrust for railways in Sri Lanka to be electrified and modernized; all of them are most likely to raise both their hands.

Sri Lanka’s first General Insurance Sales Congress on May 10

For the first time in history, Sri Lanka will see a gathering of its general insurance companies under one roof and in a common forum. 

New Joint Action Plan will further strengthen trade and investment ties: US envoy

Expressing confidence in economic ties between the US and Sri Lanka reaching greater potential, a top US Trade Representative affirmed the newly announced Joint Action...

New Joint Action Plan will further strengthen trade and investment ties: US envoy

Expressing confidence in economic ties between the US and Sri Lanka reaching greater potential, a top US Trade Representative affirmed the newly announced Joint Action...

NDB Mobile App wins ‘Most Admired Mobile App’ at ACEF Awards

National Development Bank PLC (NDB) was felicitated for its recently introduced NDB Mobile App as the ‘Most Admired Mobile App’ 

Venture Engine finale to feature 500 Startups fund, high profile VCs

Sri Lanka’s pioneering entrepreneur empowerment platform Venture Engine will once more welcome the participation of top global startup accelerator 500 Startups...

Why Sri Lanka’s economic outlook is looking less rosy

CNBC: Sri Lanka’s deal with the International Monetary Fund (IMF) may have averted a crisis, but the bailout may undermine a key source of strength: 

NTB announces new appointments to management team

Nations Trust Bank (NTB), whose agility and dynamism is a reflection of its people, recently announced the appointment of a number of new members to its top team.

Derivative action against IFS by Informatics dismissed

The Commercial High Court of Sri Lanka, dismissed a derivative action instituted by Informatics International Lanka (Pvt) Ltd (Petitioner) against IFS AB

Phoenix Ogilvy wins big at SLIM Effie Awards 2015

Phoenix Ogilvy displayed a scintillating performance by clinching 2 Silver, 2 Bronze and 2 Finalist, winning 6 awards in total at the recently concluded SLIM Effie Awards 2015 at the Water’s Edge. 

Nihon Kohden gears for another successful financial year

Ever since Nihon Kohden appointed TMI Solutions as their representative in Sri Lanka, Nihon Kohden was able to regain ..

PABC relaunches ‘Suwasavi’ fixed deposit product

Sri Lanka’s fastest growing commercial bank, Pan Asia Banking Corporation PLC (PABC) relaunched its unique value-added fixed deposit product ‘Suwasavi’

PanAudio ties up with global giant to distribute recording media and energy products

PanAudio, one of Sri Lanka’s leading companies in the business of IT related peripherals, data storage, imaging and presentation systems

Sri Lanka’s First General Insurance Sales Congress to be held in May

For the first time in history, Sri Lanka will see a gathering of its General Insurance companies under one roof and in a common forum.

Vision Care join hands with OPA for avurudhu with orphans

In an effort to recognize and socially include underprivileged orphans in the country, Vision Care, the leading provider of eye care and hearing solutions

Dr. Kelegama to speak on state of the economy

Executive Director of the Institute for Policy Studies, Dr. Saman Kelegama will be speaking on the state of the Sri Lankan economy at the Youth Forum tomorrow (May 4) at 5pm at the Royal College Union Skills Centre, on Rajakeeya Mawatha. The Youth Forum, organized by ACUMLYF is open for public.   

World Textiles Awards name Textured Jersey ‘Dyer & Finisher of the Year’

Textured Jersey Lanka PLC (TJ Group) benchmarked yet again with an outstanding win at the World Textile Awards for the second consecutive year.  

Leo Burnett’s team wins the inaugural Bright Sparks Competition at the SLIM Effie Awards

Four young marketers from Leo Burnett Solutions Inc. (LBSI), the local office of the global advertising network Leo Burnett Worldwide, 

Nestlé Lanka head office celebrates Avurudu

Nestlé celebrated Avurudu with its staff at its head office premises recently with the participation of Nestlé Lanka’s Managing Director Shivani Hegde. 

Leo Burnett wins inaugural Bright Sparks Competition at SLIM Effie Awards

Four young marketers from Leo Burnett Solutions Inc. (LBSI), the local office of the global advertising network Leo Burnett Worldwide, recently emerged as the winners of the Bright Sparks Competition. Conducted by the Sri Lanka Institute of Marketing (SLIM), the competition took place in the run up to the annual Effie Awards. The winning team from LBSI comprised Wasim Akram, Sarah Hassanally, Tasneem Dawoodbhoy and Nirasha Gunawardene, who compet

John Keells Group Management Trainee Programme, for tough-minded optimists

Initiated in 2007, the John Keells Management Trainee Programme aims at recruiting outstanding talent and guiding them into roles, which will enable them to be part of the future leadership of the group. The programme provides the chosen individuals, exposure to the group’s businesses in the transportation, leisure, property, consumer foods and retail, financial services and information technology sectors, during a 15-month period.

Nikon-Photo Technica named official photographers for Fox Hill 2016

One of the finest annual motor sporting events for all racing enthusiast, Fox Hill Super Cross 2016 was held in Diyatalawa on recently. 

NHRDC conducts public sector capacity building programme in Malaysia

The National Human Resources Development Council (NHRDC) of Sri Lanka under the National Policies and Economic Affairs Ministry has launched a capacity building project to build managerial capacity within the public sector to improve the delivery in the public sector.

MS–Ranil govt. on firm ground: Time to focus on getting things done

To those public servants, businessmen and politicians sitting on the fence waiting for the unexpected, President Maithripala Sirisena at the breakfast meeting with the editors on Wednesday fired on all cylinders at certain Members of Parliament (MPs) and former President Mahinda Rajapaksa, exposing the latter’s intentions and warned any comeback bid would be a pipe-dream and strongly thwarted. 

SLAP Lifetime Achievement Award goes to Sathis Abeywickrama

Sathis Abeywickrama, a personality well known to the printing and packaging fraternity was presented the prestigious Lifetime Achievement Award by the Sri Lanka Association of Printers (SLAP)- the main body of printers in Sri Lanka,at the recently concluded Collate 2016 bi-annual eventorganized by the SLAP.

Sri Lanka’s entrepreneurial activity improves in 2015 despite economic downturn

Sri Lanka’s overall macro-economic conditions deteriorated in 2015.  Despite government adopting expansionary policies to boost consumption spending, both internal and external balance deteriorated in 2015, and GDP growth declined to 4.8 percent. This deterioration forced the government to seek an IMF support programme. 

Lowe Sri Lanka crowned Agency of the Year at Effies

Lowe Sri Lanka was recognized as the ‘Most Effective Agency of the Year’ on the back of its impressive awards tally at the Effie Awards ceremony held recently. 

Batticaloa International Trade Exhibition to kick-start in October

The 3rd Edition of Batticaloa International Trade Exhibition 2016 is scheduled to be held on 30th September, and 1st & 2nd of October 2016 at the Shivananda Vidyalaya Grounds in Batticaloa.

Every business unit is a profit centre – including HR

The lifeblood of any commercial organisation is sales, generating revenue and profits. That’s of course abundantly clear to the sales organisation as their goals are directly defined in those terms. However, as we move away from the sales department down the corridor to other business/supporting departments, the link to the bottom line can become less clear.