VirtusaPolaris recognized for HR Excellence at Global Best Employer Brand Awards

VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services Ltd and a leading worldwide provider of information technology (IT) consulting and outsourcing services, was recognized for ‘HR Excellence Through Technology’ at Global Best Employer Brand Awards 2016. 

Brandix produces 19 female mechanics further advancing gender equality

Brandix has taken another significant step in its ongoing efforts to promote gender equality across the group by graduating 19 female mechanics who completed an in-house training course on sewing machine maintenance and repair.

Selling off family silver to avoid debt trap

Prime Minister Ranil Wickremesinghe said at a press conference on April 26 that the Cabinet of Ministers had decided to seek an international partner to avoid having to close down SriLankan Airlines. The government has decided to take over debt and strengthen its balance sheet. The position of the government is that without reducing its debt, no partner will be willing to take it over. 

Swiss envoy calls to establish conducive regulatory framework for investors

Removal of investment barriers would encourage investors to come to Sri Lanka as Swiss investors are ready to invest here, said Swiss Ambassador to Sri Lanka Heinz Walker Nederkoon, adding that Sri Lanka needs to establish a ‘conducive regulatory frame work’ for the investors. 

Asia’s next growth frontier

The steady state in the Asian region is growth and dynamism that requires continuous structural change and adjustment. 

Johnson’s Baby wins ‘No. 1 Baby Care Brand’ for fourth consecutive year

Johnson’s Baby, the world’s No. 1 baby care brand, has yet again been declared the No. 1 baby care brand among unlisted brands in Sri Lanka for the 4th consecutive year by the 2016 edition of Brands Annual, compiled by Brand Finance and presented by Media Services. 

Madhawa Madawala of TV Derana wins award for Most Influential Brand Leader

TV Derana Chief Operations Officer/Executive Director Madhawa Madawala was awarded the Most Influential Brand Leader award at the World Brand Congress held in Kuala Lumpur, Malaysia recently. The World Brand Congress is the single largest rendezvous of the best brains behind some of the world’s most successful and sought-after brands. The 25th edition of the congress was held at Pullman Kuala Lumpur City Centre Hotel & Residences under

National HR Conference 2016 to enhance competitiveness among biz

IPM Sri Lanka announced that the National HR Conference (NHRC), under the theme ‘HR Ecosystem for Competitiveness’, will be held from June 21 to 22 at the Bandaranaike Memorial Conference Hall (BMICH) in Colombo.

Lankan ayurvedic and coconut-based products see potential in Pak market

Coconut-based products and Ayurvedic products were identified as two areas where Sri Lankan exports could tap in to Pakistan’s market, during a discussion titled, ‘Bilateral trade between Sri Lanka and Pakistan’ organised by the National Chamber of Commerce of Sri Lanka (NCCSL). Speaking to Mirror Business, High Commission of Pakistan Counsellor Hasan Zaigham said that ongoing Pakistani investments in Sri Lanka included setting

Singer Sri Lanka set to power Bradby Shield for 27th consecutive year

Singer Sri Lanka PLC, the country’s leading consumer durable retailer, is stepping forward to power the most

Third batch of successful Italian language course to commence soon

The Sri Lanka – Italy Business Council of the Ceylon Chamber of Commerce will launch the third batch 

Dr. Amunugama chief guest at Maritime Economic Cooperation and Management Meeting

Minister Dr. Sarath Amunugama was the chief guest at the Maritime Economic Cooperation and Management

SL’s largest private hospital to celebrate Vesak with ‘NFTH Vesak Kalapaya’

As par t of its corporate social responsibility (CSR) initiatives, Sri Lanka’s largest private hospital Dr. Neville

Eurozone growth strengthens to 0.6% in first quarter

AFP - Growth in the eurozone strengthened far beyond expectations in the first quarter of 2016, but inflation

China’s Baidu eyes driverless car production by 2020

AFP - Chinese search engine giant Baidu is planning to produce driverless cars by 2020, its chief executive said,

WCIC to recognize outstanding businesswomen at ‘Woman Entrepreneur of the Year Awards’ again

The Women’s Chamber of Industry and Commerce (WCIC) once again will lend voice to amplify the good

SRI LANKA STRIKES US $ 1.5 bn DEAL WITH IMF

The International Monetary Fund (IMF) yesterday said they reached a staff level agreement with the Sri 

Protest-hit France sees better-thanexpected growth

AFP - France posted yesterday an acceleration in economic growth at the start of 2016, a rare dose of good

LMD-EFM Biz Talk launched for career-focused listeners

E FM together with LMD presents ‘Biz Talk’, every Tuesday and Thursday from 6:30 to 6:45am commencing from April 5, broadcasted islandwide on 88.3 FM. In another pioneering step forward by E FM,

Action plan adopted to boost UK-Sri Lanka bilateral trade

Minister of Development Strategies and International Trade Malik Samarawickrama led Sri Lanka delegation 

Double A Sri Lanka’s ‘Friends of the Planet’ campaign approaches final stage

Double A has reached the final round of the ‘Friends of the Planet’ project launched in collaboration with the

BitMasters clinch top accolades at Microsoft Imagine Cup 2016

BitMasters, a team of students from the University of Moratuwa, were adjudged winners in two categories 

Indian tycoon Mallya prepared to settle debts: FT

AFP - Former Indian airline boss Vijay Mallya said he is prepared to settle millions of dollars owed to banks

Asia markets end week on low after Wall St losses

AFP - Asian stocks mostly fell yesterday following losses in New York while concerns about the global 

How Takas.lk founder Pathmalal's twisting career path led him home

The 34-year-old angered his father by abandoning his economic major to study politics and psychology in the U.S. Yet Pathmalal ended up being one of Sri Lanka's

People’s Bank relocates to a new location in Hakmana

People’s Bank recently relocated its branch in Hakmana to a new location as part of its ongoing branch expansion drive to elevate its offering to loyal customers.

Sri Lanka’s monetary easing space limited: Moody’s

Depreciation pressures weighing on the rupee and the private credit which is still running high will leave

Tea exports improve in 1Q16; earnings in dollar terms dip

Sri Lanka’s tea exports have moved to the positive territory in the first quarter of 2016 (1Q16) with March showin

Shares end higher led by large-caps

REUTERS: Sri Lankan shares rose for a third straight session yesterday led by large-caps on positive sentiment after

Megapolis already an accelerated project: minister

In response to the concerns expressed by various quarters on the proposed Western Region Megapolis