Sri Lankan sun shines on high yield bond market 

The Democratic Socialist Republic of Sri Lanka returned to the international bond markets on Tuesday for the second time this year.

UNDP promotes entrepreneurship and business development in conflict affected districts

The United Nations Development Programme (UNDP) with financial assistance of the European Union (EU) has partnered with the Industrial Services Bureau (ISB) to complete an Entrepreneurship Development...

Will Nepal’s first female President herald in new age for gender equality?

South Asia can be deceptive when it comes to gender equality. On one hand, there is the mother figure so revered throughout the region, the mataji role every man and woman can look up to. 

Sri Lanka wins bid to host SNAV Congress 2016

Sri Lanka has bagged the SNAV Congress 2016, which is being hailed as a landmark achievement for the country’s tourism sector.

Austrian Airlines back in Colombo after 10 years

Austrian Airlines resumed operations to Colombo after a lapse of 10 years with the arrival of Boeing 767 300 aircraft with over 125 passengers on board from Vienna on Wednesday (October 28). 

HSBC partners Sri Lankan govt. to raise largest bond issuance

?HSBC has advised the Central Bank of Sri Lanka (CBSL) on behalf of Sri Lanka to complete a US$ 1.5 billion, 10-year international sovereign bond issuance. 

LIC Lanka top achievers tour Malaysia

As a part of its policy in building a high performing dedicated  agency force  to increase its business in  Sri Lanka, LIC (Lanka) is  doing various training and motivational programs with inside and outside motivators.

Siyapatha Finance expands branch network to Vavuniya

Siyapatha Finance PLC, a subsidiary of Sampath Bank PLC, recently expanded its branch network in the Northern Province by opening its 19th branch in Vavuniya.  

Ceylinco Life named World Finance’s ‘Best Life Insurer’ for second year

World Finance, the respected UK-based magazine, has reaffirmed Ceylinco Life as the ‘Best Life Insurance Company in Sri Lanka’ for a second consecutive year, following an in-depth assessment of key performance indicators.

DFCC Bank & Synapsys launch “V Cash Card’

In an effort to support Sri Lanka’s SMEs and the country’s large community of tea leaf suppliers, DFCC Bank recently launched the ‘V Cash Card’. 

LB Finance installs new Sharia Supervisory Board

LB Finance Al Salamah - the Islamic Banking Unit of LB Finance PLC, recently installed a new Sharia Supervisory Board as a part of the many enhancements done by the Company to offer its customers the best possible service.

People’s Bank commemorates World Thrift Day

?People’s Bank recently commemorated World Thrift Day, a hallmark day which was created at the first international banking conference that was held in Italy in 1924.

Hirdaramani’s H ONE wins Microsoft’s Top Cloud Partner award for the third consecutive year

Hirdaramani’s IT consulting arm, H ONE recently made history by winning the ‘Microsoft Office 365 Enterprise Partner of the Year’ award for the third consecutive year,

EAP Leisure’s Hotel Sapphire and Concord Grand Hotel upgrade banquet halls and service

EAP Leisure’s Hotel Sapphire and Concord Grand Hotel recently refurbished their banquet halls and are now offering guests an enhanced banquet service for corporate gatherings and events.

Hameedia hosts opening event for the International Film Festival of Colombo

Hameedia will be hosting the opening dinner for the International Film Festival of Colombo for the second consecutive year on 6 November 2015.

Mihin Lanka flies Mirchi Siva on its inaugural flight to Chennai

Mihin Lanka recently flew South Indian film star Mirchi Siva, along with 200 other passengers on the airline’s inaugural flight from Colombo to Chennai.

Frankfurt and Dhaka Lead the Way in Oman Air’s Winter 2015/16 Schedule

Oman Air’s service between Muscat and Frankfurt is now operated using the airline’s brand-new Boeing 787 Dreamliner aircraft.

Sri Lanka sells US $ 1.5bn, 10-year sovereign bond at 6.85% yield

REUTERS: Sri Lanka paid less than it had expected to borrow US $ 1.5 billion via a 10-year sovereign bond on Tuesday, with strong orders helping bring down the yield on the issue to 6.85 percent from initial guidance of around 7 percent.

Three Sinha Industries wins Gold at CNCI Achiever Awards

?Three Sinha Industries (Pvt) Ltd bagged the Gold Award for National Level – Large Category in Manufacturing Sector at the “CNCI Achiever Awards 2015” held recently at Hotel Galadari.

Exide wins Merit award at National Quality Awards

?Associated Battery Manufacturers (Ceylon) Limited, the manufacturers of lead acid automotive batteries  in Sri Lanka, was honoured with the Merit Certification for manufacturing sector (medium scale) in Sri Lanka, at the National Quality Awards 2015 held at BMICH recently.  

Maliban clinches Sri Lanka National Quality Award

?Maliban Biscuit Manufactories Limited received the Sri Lanka National Quality Award (NQA) in the large scale-manufacturing category from the Sri Lanka Standards Institution (SLSI) for the third time. 

Durdans high-tech heart center takes care of your heart

?Durdans Hospital renowned for its clinical care across disciplines and accredited by the Joint Commission International for its outstanding care and facilities held a special seminar for the public on the 10th of October at the Hospital Auditorium to promote a “Good Heart and Good Health”. 

Why Chrysotile is safe

Over many decades scientists, scholars, researchers, global advocacy bodies and other interested parties have discussed, debated and come to conclusions on various materials - both natural and man-made - that can pose risks to human health. 

Healthy competition is always good: Browns Hospital Director

Browns Hospital Ragama is the latest venture of Brown & Company PLC and the first in a chain of secondary care general hospitals and diagnostic centres aimed at delivering high quality care through comprehensive, integrated clinical practice and personalized care, to every patient. 

Yasas Abeywickrama elected to global ICT body

Sri Lanka’s Yasas V. Abeywickrama was elected as a Councilor of the Board of the IFIP, the International Federation for Information Processing. 

SAP recognizes vCentric and Tech Pacific

?Tech Pacific Lanka’s SAP implementation arm, vCentric Technologies were awarded three SAP Partner Awards at the recently concluded SAP Partner Summit 2015, held in New Delhi-India. 

Dialog Axiata and Ericsson partner for Managed Enterprise Cloud in Sri Lanka

?Ericsson and Dialog Axiata Sri Lanka’s largest connectivity provider, are partnering to make Managed Enterprise Cloud services available in the South Asian country. 

Starting your first job with fresh attitudes

?Throughout the history of human beings, what has been found is that humans had to work for earning their bread and butter. They were engaged in hunting and then, farming in order to meet their basic needs, especially food.

Jack Welch and Complexity Leadership

?Jack Welch is considered as one of the greatest chief executive officers (CEO) of all time. During his 20 years of managing the company as the CEO and later as the Chairman of General Electric (GE), Welch’s most notable achievement was increasing the market value of the firm.

Singer revenue grows 34% in 3Q; YTD revenue reaches Rs.27bn

?Singer Sri Lanka continued its 2015 aggressive growth agenda posting impressive third quarter results as the group revenue increased by 34 percent during the period.