Mihin Lanka flies Karthik for ‘Love Life’ concert in Colombo

?Mihin Lanka was proud to be the official travel partner of the ‘Love Life’ musical concert organised by the MTV/MBC of the Capital Maharaja Organisation and Chevron Lubricants. 

Thai tourism industry addresses travellers’ concerns over aviation safety standards

Thailand’s Tourism and Sports Minister Korbkarn Wattanavrangkul yesterday chaired a press conference alongside Thai tourism industry executives, voicing confidence that Thai airlines have proven safety records in flight operations...

Emirates boosts services to Egypt with three additional weekly flights

?Emirates, the world’s largest international airline, has announced three new weekly flights between Dubai and Cairo, commencing on January 1, 2016. The new service will supplement the current twice daily Boeing 777-300ER flights, taking the total number of flights serving Cairo to 17 each week.

Another global first from SriLankan Airlines

?SriLankan Airlines became the first airline to offer BBC News, AFP Sports and AccuWeather with live updates while in flight on the latest Thales Avant System, giving passengers real-time information on news, sports and weather around the world.

HNB wins Gold at Annual Report Awards Competition

?Hatton National Bank won the Gold Award for Corporate Governance Disclosure and a Bronze Award for Banking Institutions at the 51st Annual Report Awards competition organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). 

Ceylinco Life begins work on Green branch in Horana

?Life insurance leader Ceylinco Life has commenced construction of a new branch building in Horana, adopting the new eco-friendly model developed by the company for branches being constructed on company-owned land.

Seylan geared to serve customers through aggressive growth plans and innovative products in 2016

?Seylan Bank, ‘the bank with a heart’, identified as one of the six systemically important banks in Sri Lanka by the Central Bank of Sri Lanka believes their best brand ambassadors are their customers. Perceived as a friendly and caring bank, Seylan saw further expansion as a whole in 2015. 

LB Finance joins hands with Money Gram

LB Finance PLC, the trail-blazer in Sri Lanka’s non-banking financial services industry has joined hands with MoneyGram through its super-agent in Sri Lanka Hatton National Bank. 

Asian Alliance Insurance opens Kuliyapitiya and Pettah branches

?Asian Alliance Insurance has further strengthened its General Insurance branch network by opening branches in Kuliyapitiya and Pettah, thereby providing enhanced access to its customers in these areas.  

Cargills Square Mall and Cargills Bank open in Jaffna

?Cargills Square - Jaffna the first luxury family entertainment mall in Northern Sri Lanka and Cargills Bank - Jaffna, Regional Headquarters - North were declared open by President, Maithripala Sirisena recently. 

Great season for NDB Good Life credit cardholders

?This festive season, NDB Good Life Credit Crdholders will have the opportunity to enjoy great savings while shopping, dining and holidaying at selected partner outlets.  

Access Engineering progresses in canal bank protection works of St Sebastian South canal

Access Engineering PLC, the leading engineering enterprise in Sri Lanka is making a swift progress in the canal bank revetment works in St. Sebastian South Canal, under the Metro Colombo Urban Development Project.

No Fat No Sugar Star Gold Pasta enters local market

In order to meet the demand for health conscious products among Sri Lankan consumers, R.G. Brothers & Co. has introduced a No Fat No Sugar Star Gold Pasta to the market. 

Noritake ends 2015 on winning note

?Noritake Lanka Porcelain Pvt Ltd (NLPL) ends 2015 on a winning note with several awards to its credit. 

Cotton Collection opens plus size store in Flower Road

?Cotton Collection, Sri Lanka’s premier fashion chain, recently opened a new plus size store focusing on plus-sized clothing to fill an important void in the local fashion and retail industry. 

One thousand Milo cycles paint the streets green at Cycle Parade

Milo, the nourishing energy beverage brand in Sri Lanka, painted the streets of Colombo in its vibrant shades of green with a mega Milo Cycle Parade, bringing the ‘Mom, Me and My Milo’ campaign to a grand finalé. 

Top economist says causes for SL’s dismal exports performance “domestic”

Sri Lanka’s export performance continues to remain grim largely due to internal issues and not because of problems with preferential trade agreements the country has entered in to, a top economist in the country said. 

Large portion of port income used for loan settlement: Minister

Though the Colombo Port has earned an income of Rs.26 billion this year, a significant portion of it will go to settle a loan obtained from the Chinese government for the construction of the Hambantota Port, Ports and Shipping Minister Arjuna Ranatunga yesterday said.

PHD Sri Lanka clinches 2 Silvers at Campaign Asia’s Agency Awards

?A fresh face to many at this year’s Agency of the Year Awards, PHD Sri Lanka certainly made its mark by the end of the evening, being named both the top digital and media agency in Sri Lanka,...

NSB excels at Great HR Quiz 2015

?National Savings Bank emerged victorious at the Great HR Quiz 2015 dubbed as “The Clash of HR Mega Minds” being the winner in both the Banking Sector Category and the Overall Category. 

IPM Sri Lanka launches Certified HR Auditors’ Network

IPM Sri Lanka recently launched the Certified HR Auditors’ Network comprising of 28 senior members who were awarded the “Certified HR Auditor” title after successfully....

Prof. Sally urges need for right economic team

?Highly respected economist Prof. Razeen Sally recently said it was imperative to have the right economic team that shares Prime Minister Ranil Wickremesinghe’s vision in reforming and building the Sri Lanka’s economy. 

NCPI’s November inflation at 4.8%

?Sri Lanka’s inflation for the month of November as measured by the National Consumer Price Index (NCPI) stood at 4.8 percent accelerating from 3 percent in October, the Census and Statistics Department said. 

Eastern Province to set up own tourism development authority

?As Eastern Province has failed to receive due recognition and focus as a tourism hotspot, the Eastern Provincial Council Chief Ministry announced it was gearing up to establish its very own tourism development authority.

Billionaire James Packer resigns as Crown director

?BBC: Australian casino operator and billionaire James Packer has announced his resignation as director of Crown Resorts Limited. The move follows his resignation as chairman in August and has added fuel to speculation he wants to buy out Crown and take it private.

Tea outlook for 2016 volatile: brokerage

?Projecting a possible market outlook for Ceylon tea in 2016 would have a strong element of “crystal ball gazing” due to turmoil in Sri Lanka’s key export markets and their drastic currency depreciations, commodities brokers Forbes and Walker said.

Case for efficient information system at Colombo bourse

?An efficient information processing system is necessarily vital to establish a fair trading platform for share market investors. Information comes mainly in three forms. That is old or past information, publicly available new information and information not publicly known.

Commitment to root out endemic corruption from Sri Lanka

?Last week, I marched from Vihara Maha Devi Park to Independence Square behind a 0 percent Tolerance for Corruption banner.  

Sri Lanka’s year of democracy, reconciliation and rebalancing

It is no exaggeration to say that 2015 will be remembered as a major turning point for Sri Lanka as a nation. 

Budget 2016: Mega projects, populist relief, stalled reforms worsen macroeconomic imbalances

?The economic policies of the newly elected government are said to be based on the concept of “social market economy” built on social justice principles. Social market economy, which combines market economy and social security, became the hallmark of economic policies in Germany in the 1950s.