Ceylinco Life dedicates 2016 to ‘going green’

?The management, staff and sales team of Ceylinco Life planted approximately 4,000 trees in one week in January 2016 to kick off a year dedicated by Sri Lanka’s life insurance leader to ‘going green.’

SDF hosts financial literacy workshops for small business entrepreneurs

?Sarvodaya Development Finance Limited (SDF) recently hosted workshops on financial literacy for small business entrepreneurs who had obtained financing facilities from the company in the areas of Balangoda, Ratnapura, Anuradhapura, Kandy and Gampaha. 

India’s MBD group donates A-level science books to CMC libraries

The MBD group of India recently donated important Advanced Level science books to the Colombo Municipal Council (CMC) in celebration of its 150th anniversary this year. 

Aitken Spence Printing and Packaging renews CarbonNeutral certificate

Aitken Spence Printing and Packaging (Pvt.) Ltd, Sri Lanka’s premiere printing and packaging firm, reiterated its commitment to sustainability by renewing its CarbonNeutral certification.

UA’s ‘Union Manushyathwaya’ spreads goodness

?Continuing in its tradition of spreading health, wellness and goodness, among communities across the country, the team behind Union Assurance (UA) corporate social responsibility (CSR) initiatives were able to close out 2015 having influenced countless lives for the better. 

CMA shows love and care for Mallika Home children

?The staff of the Institute of Certified Management Accountants (CMA) Sri Lanka recently undertook a project to provide love and care for the children at the Mallika Home on Visakha Road.

CIMA to deepen state sector ties for better governance

The Sri Lankan division of the world’s largest professional accounting body for management accountants, the Chartered Institute of Management Accountants of United Kingdom ...

YMF of Ceylon Chamber holds AGM

?The Young Members forum (YMF) of the Ceylon Chamber of Commerce (CCC) held its Annual General Meeting (AGM) of the year 2016 recently, which saw the appointment of a new committee, which will spearhead its operations during this year.

Ceylon Chamber to compile SME registry to help find business partners

?The Ceylon Chamber of Commerce, the country’s premier business chamber, has started to collect data from small and medium enterprises (SMEs) spread across the country in order to compile a new SME Registry. 

Importance of ratifying the Trade Facilitation Agreement and digitalizing the Customs

This article is written to commemorate the World Customs Day, which falls today. The focus of this article is the reforms and preparations undertaken by Sri Lanka to ratify the World Trade Organisation

Factors limiting rural agriculture potential

According to a news item in Daily Mirror of January 22, 2016, (http://www.dailymirror.lk/103785/amunugama-stresses-need-to-bring-rural-agriculture-to-int-l-level), Minister Sarath Amunugama, at a meeting 

a ‘sustainable agri-business management’ model is key

Recently I read an article published in a weekend paper titled ‘Should plantation workers be working at poverty level wages?’ by Lanka Estate Workers’ Union President Vijay Kumar. He has raised very relevant and important

Oman Air Conference Looks Forward To An Exciting, Productive And Successful Year In 2016

A positive future and continued expansion will be the focus for Oman Air, as the airline starts the year withtheir major global conference in Muscat, under the theme “To Become the Best”.

Colombo comes alive with Kala Pola on Sunday 31st January

?Colombo comes alive in a massive riot of colour on Sunday, 31 January 2016 as Sri Lanka’s internationally acclaimed open-air art fair, Kala Pola, opens along Ananda Coomaraswamy Mawatha in Colombo 07.  

Stock market volatility and investment opportunities

Equity is an ideal financial instrument for a portfolio that is geared at long-term returns. It is undoubted that the rate of return on equity has been impressive when compared to other instruments. 

Ayonix Corporation partners with Starcom Worldwide Sri Lanka to introduce new Narrowcast communicati

?Ayonix Corporation of Japan in Sri Lanka, which specializes in developing advanced 3D face recognition software that can be used in multiple industries announced a partnership with Starcom Worldwide Sri Lanka.

Thilak Karunaratne: Man on a mission

Even the plainest thinking took his return to the high post as a way to avenge those who schemed and succeeded in kicking him out. But upon his return, he said he had no axe to grind. 

Sri Lanka to apply for GSP Plus next month

The Sri Lankan government is likely to make its formal application for the European Union’s (EU) General System of Preferences Plus (GSP Plus) facility next month, following Prime Minister Ranil Wickremesinghe’s return to the country from his exploits in Davos, Switzerland.

Massive domestic economic challenges to mark 2016: economist

Sri Lanka’s economic development agenda for 2016 will see domestic challenges dwarfing global uncertainties, making it imperative for the government to deploy the correct policy measures to overcome the tides, an international economist 

Currency strategist expresses fresh concerns over rupee

Currency strategists have expressed fresh concerns over the Sri Lankan rupee (LKR), noting its prospects for 2016 seem rather depressing compared to other regional currencies. 

US firm files countervailing case against Lankan tyres

A US company has filed a countervailing duty petition with the US Department of Commerce and International Trade Commission against a class of tyre exported by Sri Lanka, China and India.

Central Bank seen holding rates steady: Reuters poll

The Central Bank is expected to keep its key interest rates steady at record lows today, a Reuters poll found, after it raised commercial banks’ statutory reserve ratio (SRR) by 150 basis points from January 16 in a bid to relieve pressure on the fragile rupee. 

Union Bank relaunches corporate website for greater customer convenience

To offer customers an improved and user friendly online experience, Union Bank recently re-launched its corporate website (www.unionb.com) offering a seamless digital experience to all users. 

SLASSCOM People Summit 2016 on January 27

Back for the sixth consecutive year, SLASSCOM’s People Summit 2016 aims to kick off your year by providing leaders at all levels with pioneering talent management insights and perspectives from renowned global leaders,...

FITIS initiates ICT open forum to resolve industry issues

A key ICT industry open forum to take up for discussion and evolve solutions to the common problems confronting the information and communication technology (ICT) industry in Sri Lanka will be held under the patronage...

SriLankan ranked second in Asia, Asia-Pacific for lowest carbon footprint

?SriLankan Airlines gained worldwide recognition for its pioneering efforts in environmental conservation when the prestigious Business Traveller magazine ranked it second among airlines in the Asia and Asia-Pacific region for having the lowest carbon footprint. 

IronOne partners with Philippines’ Novesys

IronOne Technologies, a leading Sri Lankan mobile and enterprise services software solutions provider, has announced the appointment of the IT services solutions provider Novesys as its local marketing partner in the Philippines for BoardPAC,

Emirates expands Switzerland operation; adds second daily service to Geneva

Emirates announced the expansion of its operation in Switzerland with the addition of a second daily service to Geneva effective June 1, 2016. The second daily flight will double capacity on the route and represents an overall increase of 26% for Emirates in Switzerland.

Shippers’ Academy Colombo completes five years

?The Shippers’ Academy Colombo (SAC) known as the school of business for global commerce and logistics has completed five years in operation in Sri Lanka in January 2016.

Microsoft donates US $ 1bn in cloud computing resources

?Microsoft Corp. CEO Satya Nadella announced the donation of US $ 1 billion of Microsoft Cloud Services, as a three-part initiative measured at fair market value, to serve nonprofits and university researchers over the next three years.