Oracle unveils first data protection solution with seamless cloud tiering

Oracle announced the all new StorageTek Virtual Storage Manager (VSM) 7 System, the most secure and scalable data protection solution for mainframe and heterogeneous systems with the additional capability 

CIC owned Cial brandunveils new range of pens i-teen and Premio

Cial,arenowned brand owned by CIC Holdings PLC recentlyunveiledtwo ranges of pens–the Ciali-teen and CialPremio. Cial i-teenisaimed at teenagers and school children,

Hirdaramani wins Gold, with 4 finalist awards, at the JASTECA 5S Awards

The Hirdaramani Group bagged the prestigious Gold award from Japan Sri Lanka Technical and Cultural Association (JASTECA), in recognition of their achievements in implementing 5S Systems across the Group.

Capital Alliance awarded ‘Best Fixed Income Trading House for 2016’

Capital Alliance, Sri Lanka’s leading full service investment bank was recently crowned as the ‘Best Fixed Income Trading House For 2016’ at The International Finance Magazine (IFM) Awards. This prestigious award follows CAL’s commitment to uplift the standards in the Sri Lankan finance sector. The team work and innovation displayed by the company has been acknowledged by industry giants both locally and internationally, f

SLIM attracts future branding professionals with DSBM Open Day

Sri Lanka Institute of Marketing (SLIM) recently held an eventful Open Day for the first and only branding qualification in Sri Lanka, the Diploma in Strategic Brand Management (DSBM), ahead of its next intake.

Venture Engine launches 5th anniversary edition

The fifth anniversary edition of pioneering local entrepreneurship platform, Venture Engine, was launched recently at the Lankan Angel Network Incubation Centre in Colombo, with a large number attending the briefing for 2016’s programme as well as the hackathon. 

MasterCard and IBM partner to make big data work for smaller businesses

IBM (NYSE: IBM) and MasterCard (NYSE: MA) announced their partnership to offer smaller merchants real-time, analytics-based market insights on revenue, market share, customer demographics and competitors in a particular location and across multiple locations. 

SriLankan partners PIM, Colombo Uni to expose high potentials to modern management

SriLankan Airlines partnered with two of Sri Lanka’s most reputed institutes of higher learning – the University of Colombo and University of Sri Jayewardenepura – to strengthen and sharpen the skills of its leaders of the future through programmes that were especially designed for the national carrier.

‘Ayurveda Expo 2016’ launch tomorrow

The official launch of ‘Ayurveda Expo 2016’ international indigenous healthcare exhibition organised by the National Chamber of Commerce of Sri Lanka will be held tomorrow, at 3:30 p.m at Hilton Residences, Union Place, Colombo 2.

AIA inspires students to study insurance

Wayamba University of Sri Lanka is the only Campus in the country to offer a Degree in Insurance and Valuation.  

China and the future of commodity prices

There is no doubt that China’s ongoing growth slowdown has had far-reaching effects on the global economy. But its role in the sharp fall in commodity prices that has occurred since 2014 – an outcome that has been devastating for commodity-exporting countries, including once-dynamic emerging economies – is more limited than the conventional wisdom suggests. In fact, China’s slowdown is only part of the commodity-price stor

Sampath joins LankaPay to strengthen ATM network

Pioneering in innovation and convenience, Sampath Bank once again strengthens its position in the banking industry by joining the LankaPay Common ATM switch (CAS) operated by LankaClear Pvt Ltd. which is Sri Lanka’s largest ATM network. 

The enterprise system selection challenge

The decision to take on an enterprise resource planning system is a strategic one in today’s efficiency-driven, information overloaded business world.

NCC organises seminar on insurance companies’ role, policyholder rights

The National Chamber of Commerce (NCC) in association with the Insurance Board of Sri Lanka will hold a seminar on ‘Rights of Insurance Policyholders and Role of Insurance Companies’ on Thursday, March 31, 2016 from 2:00 p.m. to 5:00 p.m., at the chamber auditorium, No: 450, D.R. Wijewardene Mawatha, Colombo 10.

A 3-week-long festival of online shopping for Sri Lanka

Google is working closely with many organizations in Sri Lanka to run an online shopping festival hosted at www.megapola.lk running from Monday, 21 March to Sunday, 10 April 2016.

Leo Burnett only Lankan agency to secure coveted spot on Warc 100 list

Leo Burnett Solutions Inc. (LBSI), the local office of the global advertising network Leo Burnett Worldwide, recently secured its place on the Warc 100 long-term ranking list. The rankings are based on the winners of effectiveness and strategy awards from around the world and this year Leo Burnett Sri Lanka’s ‘Mosquito-Repellent Newspaper’ campaign secured a coveted spot on the list, alongside the world’s top performing cr

CSE wins Global HR Excellence Award for innovation in training and development

The Colombo Stock Exchange (CSE) won the award for ‘The Most Innovative Use of Training and Development’ at the recently concluded World HRD Congress in Mumbai, India. 

Microsoft Sri Lanka launches TwT initiative

Microsoft Sri Lanka recently launched its Teaching with Technology (TwT) initiative in Sri Lanka.  The initiative targets both educators and students and helps both parties identify how information technology can enhance the teaching and learning experience and enable students to acquire 21st century skills. 

National Chamber to conduct seminar on ‘EPF & ETF’

The National Chamber of Commerce of Sri Lanka will hold a half-day seminar on ‘EPF & ETF’ (Sinhala medium) on Tuesday, March 29, 2016 from 9:30 a.m. to 12:30 p.m. at the National Chamber auditorium, No: 450, D.R. Wijewardene Mawatha, Colombo 10.

Inspirational soft skill development towards an empowered workforce

When it comes to career development, many people focus primarily on acquiring technical proficiency or hard skills. Increasingly however, and especially for those who aspire to move into management, it takes demonstrable soft skills to stand out in a crowd. 

PIMA Olympics-National Management Awards 2016 today

Being the undisputed leader in the field of business management education, the Postgraduate Institution of Management has played a vital role in the growth of the management industry for more than 30 years. The great service rendered by this prestigious institution is magnanimously complimented through its alumni, which is one the most esteemed group of professionals in the country. 

Orient Finance records impressive performance for 9 months ended Dec 2015

Orient Finance recorded a commendable profit before tax of Rs. 113 million for the three months ended 31st December, 2015 when compared with the profit before tax of Rs. 6.4 million in the corresponding period of last year.

Brantel Lanka introduces computer with laptop and tab features

Brantel Lanka (Pvt) Ltd, the premier mobile company which introduced  E-tel mobiles to Sri Lanka has now introduced a computer that can feature as a tablet and laptop computer to the Sri Lankan market.

A T Cooray takes lead in creating modern office spaces

Traditional corporate offices were more often than not made up of cluttered cubicles, fluorescent lighting, bare walls and hardly any life. 

Amana Takaful launches first ever Shari’ah compliant retirement plan

Amana Takaful Life (ATL Life) recently launched another innovative life insurance product by introducing the first ever Shari’ah compliant retirement plan – “DeergaYou” . 

Pelwatte Dairy offers unsalted butter packs for hotels, catering industry

Pelwatte Dairy Industries Ltd, a leading manufacturer of locally produced dairy products is introducing a range of specially packed bulk unsalted butter specifically for the hotel and catering industries. Targeting the upcoming festive season, the bulk packs will come in three sizes and will be available directly on-order from Pelwatte Dairy.

Netherlands Ambassador to meet Lankan business community at luncheon meeting

The newly appointed Netherlands Ambassador to Sri Lanka and the Maldives Joanne Doornewaard will meet the Sri Lankan business community at a luncheon meeting to be held tomorrow at the Colombo Club.

MOL Lanka receives Customer Service Award from Shipbrokers

MOL Liner Ltd. today announced that its shipping agent, Mitsui O.S.K. Lines Lanka (Private) Ltd. (“MOL Lanka”) has been honored with the “Best Customer Service Award” by the Institute of Chartered Shipbrokers (UK) Sri Lanka Branch (“ICS”) at its 22nd Annual Awards Ceremony. 

Ensuring better water, sustainable agriculture and better lives for SL

March 22 marks the World Water Day 2016 under the theme ‘Water and jobs’. The theme focuses on how enough quantity and quality of water can change workers’ lives and livelihoods - and even transform societies and economies. In this article to mark the day, IPS Researchers Chatura Rodrigo and Athula Senaratne explore the challenges faced by agricultural livelihoods, which employ a majority of Sri Lanka’s rural sector and id

Capital Alliance awarded ‘Best Fixed Income Trading House for 2016’

Capital Alliance, Sri Lanka’s leading full service investment bank was recently crowned as the ‘Best Fixed Income Trading House For 2016’ at The International Finance Magazine (IFM) Awards.