eMarketingEye hosts Sri Lanka’s first-ever Online Marketing Hackathon

A unique event that exceeded expectations and provided a fun-filled day for participants and all involved, Sri Lanka’s first-ever Online Marketing Hackathon, hosted by eMarketingEye, took place recently. 

CBB Sixes 2015 - Supporting a worthy cause through a sporting extravaganza

The Council for Business with Britain (CBB) will be organising its annual triangular sports event (cricket, netball and badminton) for its members for the 15th consecutive year on October 31, 2015 at P Saravanamuttu Stadium (Oval). 

Toastmasters Int’l Joint Mid-Year Conference today

The Divisions C, F and J of District 82, Toastmasters International will be hosting its Joint Mid-Year Conference brining to gather Toastmasters from more than 40 Toastmasters Clubs to witness the much-anticipated divisional speech contests in the categories of humorous and evaluation speeches as well as a day of fellowship and networking.  

Kumar Sangakkara’s and Mahela Jayawardene’s ‘Live Events’ launched

Live Events, the first and only locally-based destination and events promotion company, made its mark in the corporate world recently, with a glitzy and glamorous trade launch attended by Sri Lanka’s political and corporate elite including the country’s

Fashion Bug honours little artists at Roo Siththam 2015

The awards ceremony and prize distribution of ‘Roo Siththam’, an all-island, annual, children’s art competition organised by Fashion Bug was held at the Bishop’s College Auditorium, as well as at the Hindu Cultural Centre in Kandy recently 

Fashion Bug donates cardiac equipment to Bandarawela District Hospital

Heart-related disease is the top main cause of deaths in Sri Lanka. With a motive of contributing in smaller yet effective ways to eliminate this cause, Fashion Bug

Sri Lanka wins hosting French Travel Agents Congress (SNAV) 2016

Syndicat National Des agents de Voyages (SNAV) – The largest Travel Agents Association in France at their Executive Board meeting on 20th October 2015 voted unanimously for Sri Lanka as the venue for their congress 2016 against other contenders.

‘Help a Child Reach 5’ with Lifebuoy hand wash

Lifebuoy as a part of their continuous effort in helping communities around the world to improve hygiene through hand washing, recently announced their latest venture under the ‘Help a Child Reach 5’ campaign. This year, in anticipation of Global Handwashing Day 2015, Lifebuoy ‘Help a Child Reach 5’ partnered with Keells Super and Lifebuoy’s Brand Ambassador – Kumar Sangakkara. 

ComBank empowers micro entrepreneurs of Point Pedro

The Commercial Bank has reaffirmed its commitment to customers in the northern peninsula with a programme in Point Pedro on Financial Literacy and Entrepreneurship Development for micro entrepreneurs.

Cinnamon Grand wins JKH Chairman’s Award for Sustainability 2015

Cinnamon Grand Colombo further re-establishing its forte as a green corporate entity within the JKH Group of companies, won the coveted JKH Chairman’s Award for Sustainability for the year 2015 at Chairman’s Awards for Outstanding Achievement held recently.

WISH makes wishes of hearing-impaired come true

The Wickramarachchi Institute of Speech and Hearing (WISH) together with the College of ENT Surgeons in Sri Lanka recently held a seminar under the theme “Audiology Today”, at their state-of-the-art center in Delkanda. 

Browns Group extends support to Ransalu apparel welfare program

In a bid to fill the void for an automotive product, Browns Group has signed in with CH17 loyalty to offer special discounts on all types of batteries ranging from motorcycles, cars and SUVs for those holding Sri Lanka Apparel’s Ransalu Pranaama Privilege Card.

SLIC launches fund raising campaign for National Cancer Institute

Sri Lanka Insurance (SLIC) initiated a donation scheme named, ‘Call do donate’, a fundraiser, for the well being of  children suffering with cancer, which will start from 1st of November.

Abans and Singer to witness further improvement in leverage in 2016

Come 2016, Fitch Ratings expressed confidence in top retailing entities in the country, which include Singer Sri Lanka PLC and Abans PLC, showing further improvement in leverage.

Healthy consumer durables demand to spill over 2016: Fitch

The local retailing sphere received early greetings from Fitch Ratings as the agency expects a healthy demand environment to continue for consumer durables despite possible headwinds from depreciation in the rupee against major currencies and higher import tariffs.

Hemas Logistics expands laden container terminal operations

Hemas Logistics, a premier integrated logistics solutions provider, unveiled its second 45-ton top lift container handler to the laden container terminal fleet recently at an event held at the Hemas Container terminal in Welisara. 

Textured Jersey posts Rs. 468 mn 2Q net profit

The TJL Group which had successfully concluded the acquisitions of Quenby Lanka Private Ltd. (QBL), on 1st September 2015 completed its second takeover of Ocean India Private Ltd. (OCI), recorded a consolidated revenue of Rs. 4.0 billion with a net profit of Rs. 468 million for the quarter ending 30th September 2015.  

Japan’s largest bank BTMU to open office in Sri Lanka

Sri Lanka’s Board of Investments (BOI) yesterday said Japan’s Bank of Tokyo Mitsubishi UFG Ltd (BTMU) would be opening a representative office in Sri Lanka March next year to facilitate Japanese investments to the country.

Browns Capital acquires Saga Solar Power controlling stake

Browns Capital PLC announced that it has purchased a controlling stake of Saga Solar Power (Pvt) Ltd for Rs.407.06 million. Browns Capital has purchased 38.70 million shares in Saga Solar Power, amounting to a 50.1 percent ownership.

Indira Malwatte appointed first female EDB chief

Top export promotion officer Indira Malwatte assumed  duties as Export Development Board’s (EDB) Chairperson & CEO yesterday.  Malwatte took over from Bandula Egodage, who stepped on October 28 after a 29-month stint.

Casinos should bring in high-spending tourists: Dy Minister

Casinos are required to bring in additional high-spending tourists, Tourism and Christian Affairs Deputy Minister Arundika Fernando told Mirror Business. “I know different people have different views, but my view is that casinos are needed,” he said.

Rubber subsidy cut to worsen industry woes

Rubber industry heads yesterday expressed fresh concerns on the government’s move to scrap the guaranteed subsidy scheme for smallholders and warns its impact, though not immediate, will be felt in the medium term.

India replaces SL as largest tea exporter to Russia

?Delayed pickup of the local tea industry has resulted in the nation losing its position to India as the largest tea exporter to the Russian Federation. Analysts opine it is likely the latter will hold this stance, replacing Sri Lanka.

Finance Minister meets top CEOs at Ceylon Chamber session

The Minister of Finance Ravi Karunanayake took part in an ‘Interactive Session’ with 25 CEO’s of top corporate firms, representing a wide cross section of businesses, 

Oil prices tumble

AFP - Oil prices tumbled in Asia yesterday, cutting short a rally the day before after hints of an interest rate hike in December by the US Federal Reserve boosted the dollar.

Develop pola markets before capital markets: MTI

In a developing country where a significant proposition of population rely on ultra-small businesses for livelihood, governments should invest more ‘energy’ and funds on developing the small business infrastructure...

ACCA appoints Samarasinghe as President for second year

ACCA’s 38thAnnual General Meeting held recently at the Cinnamon Grand Colombo, had Danushka Samarasinghe, the Chief Operating Officer at Softlogic Stockbrokers, ...

Colombo’s Altair twin-tower ignites investor interest in Japan

Indocean Developers, the promoter of Sri Lanka’s architecturally-unique twin-tower high rise development Altair, has reported significant buyer interest in Japan, following the company’s participation as the sole real estate sector entity at the recent Sri Lanka Business Forum in Tokyo.

Daily Mirror ‘Breaking News’ on LED screens around Colombo

?Look out for Daily Mirror breaking news updates on LED screens around Colombo, powered by Emerging Media (Pvt) Ltd.

Central Bank releases Provincial GDP figures for 2014

The Provincial Gross Domestic Product (PGDP) for 2014 has been computed by the Statistics Department of Central Bank of Sri Lanka (CBSL), based on the desegregation of the rebased (2010 constant prices) series of National Accounts estimates by the Department of Census and Statistics (DCS).