Fonterra Grass Roots Fund raises living standards of dairy farming communities

Fonterra Brands Sri Lanka’s Grass Roots Fund has now helped improve the quality of life for more than 10,000 people across dairy farming communities in Sri Lanka. 

‘Munchee Samaga Gamata Sarana’ wins Silver at JASTECA CSR Awards

Ceylon Biscuits Limited (CBL)’s flagship brand Munchee was awarded Silver at the recently concluded JASTECA CSR Awards 2015, for its ‘Munchee Samaga Gamata Sarana’ community development initiative which has benefitted thousands of needy Sri Lankans across the island. This is the second time that the brand has won this award for its ‘Munchee Samaga Gamata Sarana’ project, the previous win being in the year 2012.

‘TRAIL’ to build Southern cancer hospital in 2017

TRAIL, Sri Lanka’s largest ever crowd-funded charitable initiative which raised US$ 2.2 million in 2011 for the construction of the nation’s 2nd specialized cancer hospital in Jaffna, is set to resume again with the announcement to ‘Walk, Unite, Heal’ in October 2016 with the goal of building a US$ 5 million cancer hospital in Galle.

Puritas Sath Diyawara project infuses renewed life to 3000 villagers

The Hayleys Group gave yet another carefully selected village, the gift of clean drinking water, bringing renewed hope to over 3000 villagers in Ananthapuram recently, as part of its ongoing efforts to improve the lives of those worst affected by CKD and other water borne illnesses. The Reverse Osmosis (RO) Water Treatment System, commissioned under the Group’s corporate social responsibility initiative ‘Puritas Sath Diyawara’,

Paranthan Chemicals promotes importance of safe drinking water

Sri Lanka marks the World Water Day today (22nd of March) calling attention to the significance of water resources and global need for preserving water not only for the present generation but also for future generations.

People’s Bank launches ‘People’s Green Pulse’ environmental sustainability journey

As a socially responsible financial institution, People’s Bank has embarked on a powerful sustainability journey to measure, manage and mitigate its environmental footprint by launching a formal Environmental Sustainability Policy, called ‘People’s Green Pulse’, which will guide the institution to achieve its aspirations for a greener future through focused environmental management initiatives. The pioneering bank will col

SriLankan promotes conservation with innovative approach during Earth Hour

SriLankan Airlines, which has gained a worldwide reputation as a pioneer of conservation in the global air transport industry, spread the message of environmental protection among its passengers at Bandaranaike International Airport during Earth Hour last Saturday (March 19), with a uniquely innovative effort.

Rhino Roofing Products begins year with community project

Rhino Roofing Products Limited made a special contribution to the students of the Southern province recently. 

Würth partners Asia Pacific Alliance for Rainwater Harvesting Project in Kayts

Würth Lanka and the Asia Pacific Alliance for Disaster Management in Sri Lanka (A-PAD SL) recently sponsored the Rooftop Rainwater Harvesting and Water Storage Project in the remote island of Kayts in the Jaffna district. 

Singapore Airlines-CAG extend Changi Transit Programme partnership

Singapore Airlines (SIA) and Changi Airport Group (CAG) have extended the popular Changi Transit Programme, which provides SIA and SilkAir customers rewards during their transit in Singapore. Under the extension of the programme to March 31, 2017, customers who transit through Changi Airport on SIA and/or SilkAir can redeem a Changi Dollar Voucher (CDV) valued at either US $ 20 or US $ 40, depending on the point of origin.

Oil may be close to a bottom, but don’t expect a sharp rebound

Crude oil prices have plunged more than 60 percent over the past couple of years and are near their lowest level since 2003, the recent rebound notwithstanding. After taking into account inflation, they’re cheaper than the lows of 1980s and 1990s. 

How solid are ASEAN’s democracies?

In recent years, Southeast Asia has experienced what are, if viewed in historical perspective, three ‘miracles’: economic growth, the disappearance of mass atrocities, and efforts to promote regional peace and community building. 

Etihad enhances maintenance efficiency and safety with ATC system

Etihad Airways Engineering has enhanced its aircraft maintenance capability with a new Automated Tool Control (ATC) system, which provides engineers with greater tool access, handling and traceability and eliminates the risk of tools being lost in critical aircraft systems during maintenance.

Sri Lanka Tourism at National Wedding Show 2016 - London

The National Wedding Show held annually is one of the largest wedding events, which presents an opportunity to meet face-to-face with over 6,000 brides-to-be from across the country in one central London location.

Power regulator observes multiple failures at CEB for recent blackouts

Sri Lanka’s energy regulator, the Public Utilities Commission of Sri Lanka (PUCSL) has identified a number of failures on the part of the Ceylon Electricity Board (CEB) for the repeated island wide blackouts 

Economist recommends four key areas for SDG implementation

A t o p e c o n o m i s t r e c e n t l y recommended four key areas the developing nations should look at when implementing 

Fitch assigns Singer Finance’s Rs.1.5bn listed debt ‘BBB(lka)’

Fitch Ratings has assigned Singer Finance (Lanka) PLC’s (SFL) proposed senior secured redeemable debentures 

Sri Lanka’s government taxes people more in 2015

Sri Lanka’s revenue- hungr y government has taxed its people more in 2015, as the tax income to gross

Sri Lanka’s government taxes people more in 2015

Sri Lanka’s revenue- hungr y government has taxed its people more in 2015, as the tax income to gross

Macro challenges to make SL’s upper middle income dream a distant reality?

Sri Lanka’s journey towards becoming an upper middle income country is likely to be delayed, given the slower pace of economic development amid difficult macroeconomic conditions and tough external

Havelock City launches sales of phase 3 apartments

Havelock City, the premier residential development in Sri Lanka ceremoniously launched the sales of its phase 3

National Savings Bank celebrates 44 years of saving legacy

National Savings Bank recently completed the 44th year of its mission of saving. While assuring access to financial services for a greater majority of the people of this country and empowering them financially

Bangladesh seeks FBI’s help in investigating Central Bank heist

REUTERS: Bangladesh has formally sought assistance from the U.S. Federal Bureau of Investigation (FBI) to track down the cyber crooks who stole US $81 million from its central bank’s U.S. 

George Steuart Health opens third ‘Wellness Shop’ in Galle

Wi t h t h e i n t e n sion of promoting complete solutions towards a healthy life, George Steuart Health, a subsidiary of George Steuart and Co., recently opened its third branch of the ‘Wellness Shop’

Vision-driven approach key for economic welfare and national reconciliation

During the election campaign in August last year, the ministers of the “100 day” government had emphasised that

UoM students deliver commercially-viable fabric solutions for TJ

Textured Jersey (TJ), the region’s largest textile manufacturing company again extended its support to undergraduates

NTB opens digitalized ‘Inner Circle’ branch at Kandy City Centre

Continuing its pursuit of enhancing customer convenience by embracing latest technology, Nations Trust Bank PLC (NTB) has opened its second digitalized branch at the Kandy City Centre, thereby re-affirming

Astron launches ‘Healing Herbs Cough Syrup’

Astron Limited, the leading and largest privately owned local manufacturing and marketing pharmaceutical

Indian jewellers calls off strike; gold imports to rise

REUTERS: Indian jewellers called off a 19-day strike late on last Saturday after government assured they will not be “harassed” by the excise department in collecting a new tax, the head of a trade body told Reuters. 

GlaxoSmithKline chief Sir Andrew Witty to step down

BBC: GlaxoSmithKline chief executive Sir Andrew Witty is to retire from the pharmaceutical giant next year.