Koala clinches top honours at National Business Excellence Awards

?Koala (Pvt) Ltd, celebrated as a true provider of unique and sophisticated contemporary interior design lifestyles was the recipient of the Silver award in the diversified business sector, medium category at the National Business Excellence Awards 2015 (NBEA) held recently.

International recognition for Dilshan Perera

?Marketing Professional Dilshan Perera was amongst the Most Influential Marketing Leaders at the World Marketing Congress held in India in association with CMO Council USA.

Arpico shoppers can win visits to overseas theme parks this Christmas

Shopping at Arpico supermarkets is set to rise to a new frenzy this festive season, following the retail giant’s announcement that 50 families can win thrilling all-expenses-paid visits to some of Asia’s most exciting theme parks for purchases starting at just Rs 3,000.

CIM Sri Lanka celebrates 20th anniversary

The Chartered Institute of Marketing Sri Lanka celebrated its 20th year anniversary on November 24that the Galle Face Hotel, Colombo under the patronage of Speaker of the Parliament Karu Jayasuriya together with an unprecedented...

BOC’s CMO hounored at World Marketing Congress

?Dr.Indunil Liyanage, Chief Marketing Officer of Bank of Ceylon has been honoured with the “Most Influential Marketing Leaders Listing” at the World Marketing Congress 2015 in Mumbai, India in the presence of a distinguish gathering. 

SLITAD recognizes Nolimit for people development initiatives

?Nolimit’s distinctive approach to its employee development was recognized at the 2015 edition of the SLITAD People’s Development Awards. 

SriLankan suspends Chennai flights following airport closure

SriLankan Airlines has suspended four Chennai bound flights, UL121, UL127, UL123 and UL125 from December 3, in view of the closure of the  Chennai International Airport  following heavy flooding due to torrential weather conditions in South India.  

Asian Alliance Insurance wins big at National Business Excellence Awards

?Asian Alliance Insurance PLC clinched two prestigious awards – a Gold in the Insurance category and a Silver in the Overall Large Companies category – at the 2015 National Business Excellence Awards (NBEA), thereby increasing the tally of prestigious international and national awards bagged by the company. 

EY leads as auditors of CIMA-LMD Top 20

At the CIMA-LMD 100 Awards Night held on December 1, 2015, LMD announced the ‘Top 20 - Hall of Fame’ recognising the most prestigious listed companies in Sri Lanka.

Fitch assigns LB Finance ‘A-(lka)’; outlook stable

?Fitch Ratings has assigned LB Finance PLC (LB) a national long-term rating at ‘A-(lka)’ with a stable outlook.

Will Sri Lanka’s capital market change for the good in 2020?

?It is clear that an effectively functioning financial system will lead to increased competitiveness with economic growth, macroeconomic stability and poverty reduction. 

Softlogic Finance clinches third NBEA

For excellence in business and contribution to the economic progress of the country, Softlogic Finance PLC was recognized with its third consecutive National Business Excellence Award (NBEA) in the ‘Non-Banking and Financial Services’ category recently.

Sri Lanka’s ageing population and implications to business establishments

Sri Lanka being a developing country is demographically on par with developed countries and it is one of the fastest ageing countries in the world.

Mora Pera Engineers’ Reunion on Dec 5

?Distinguished scholar and prominent engineers’ Professor Roahn J Lucas to deliver annual Mora Pera Reunion Oration on 5th December. 

SLCBC and Zhejiang Investment Promotion Center sign MOU

?In a bid to enhance ties between Sri Lanka and Zhejiang Province of China, Sri Lanka – China Business Council of the Ceylon Chamber of Commerce and Zhejiang Intl. Investment Promotion Center signed an MOU recently in Colombo.

FAO to construct Finfish hatchery in Batticaloa

?The Food and Agriculture Organisation (FAO) last week signed an agreement for the construction of a Finfish hatchery in the Batticaloa district with funds from the European Union Support to District Development Programme (EU-SDDP).  

China Merchants Charitable Foundation sponsors Cataract Surgery Campaign

The gift of improved sight is to be bestowed on 150 Sri Lankans under a new community initiative announced in Colombo by the China Merchants Group (CMG), the major stakeholder in Colombo International Container Terminals (CICT) which manages Colombo’s third container terminal.

Ranala Junior School visits American water factory

?American Premium Water Systems (Pvt) Ltd, pioneer in introducing 5 gallon bottles and hot & cold dispensers to Sri Lankan market is conducting factory visits for school children from all over the island.  

Beam Hela Osu Lanka introduces new indigenous medicinal products

Beam Hela Osu Lanka is a local company operating in the indigenous medicinal products sphere for over three decades.

ReeBonn introduces latest products to local market

ReeBonn Cosmetics, one of the leading herbal cosmetics companies in Sri Lanka introduced its newest product, enhanced Tea Tree Oil Shampoo and Conditioner rich with world-famous medicinal Tea Tree essence and climbazole to the local market.

Ceylinco Healthcare surpasses 200 TomoTherapy patient treatments

Ceylinco Healthcare Services Ltd. (CHSL), the pioneer of cutting-edge radiation therapy in Sri Lanka, has completed 200 patient treatments at its TomoTherapy Centre in Colombo, which marked its second anniversary in October this year.

Cenmetrix recognized at Global Biometric Partner Conference in Turkey

?Cenmetrix (Pvt.) Ltd, an IT systems integrator operating in Sri Lanka, was recognized by Suprema Inc, a leading biometric manufacturer, at the Global Biometric Partner Conference held in Istanbul, Turkey recently. 

Understanding WHO: Are we now going to ban meat?

The World Health Organisation (WHO) recently announced that bacon, sausages and other meat products will be added to the list of substances that present potential hazards to human health (in other words, substances that are carcinogenic and can trigger the development of cancer). 

Hemas and Minor open first Anantara Hotel in Sri Lanka

The first Anantara Peace Haven Tangalle Resort greeted Sri Lanka’s South coast recently, formed as a joint venture partnership between Hemas Holdings and Minor Hotel Group, was opened to the guests from December1st. 

New SEC Act to carry legislation on REITs: SEC Chief

The new Securities and Exchange Commission (SEC) Bill, which is expected to be enacted by end-2016, will provide the necessary legislation to introduce real estate investment trusts (REITs), according to the capital market regulator. 

PM’s tourism policy and Budget proposals at odds

?Prime Minister Ranil Wickremesinghe’s policy for the tourism industry and the Budget’s proposal to make SriLankan Airlines into a regional airline seem to be at odds with each other, Tourist Hotels Association of Sri Lanka President Hiran Cooray noted.

People’s Insurance to float with Rs.750mn IPO

?People’s Insurance Limited (PIL) is gearing up for its Rs.750 million Initial Public Offering (IPO), which will be issued on December 16.

November inflation rises to 10-month high of 3.1%

?The headline inflation for the 12 months to November 2015 rose by 3.1 percent, recording the highest increase in 10 months, the data released by the Census and Statistics Department showed. 

Global spillovers to weigh on Lankan economy in 2016: PM

The Sri Lankan economy may face a downturn in 2016 due to the events unfolding in the global arena, but should nevertheless work towards a 6.5 percent growth, Prime Minister Ranil Wickremesinghe said at the 30th anniversary celebration of the Colombo Stock Exchange.

People's Insurance to List on CSE via LKR 750 Mn IPO

People's Insurance to List on CSE via LKR 750 Mn IPO  Colombo: People's Insurance Limited ('People's Insurance'), a fully-owned subsidiary of People's Leasing & Finance PLC, has received in-principal approval for its Initial Public Offering ('IPO') from the Colombo Stock Exchange ('CSE').