Ma’s Foods marks World Food Day with vision for future farmers

?Food processor Ma’s Foods, a well-known supplier of high end and ethically traded food ingredients, continued contribution towards improving the livelihoods and well-being of Sri Lankan farmers. 

‘Ransalu Pranaama’ mobile app now on Google Play Store

?JAAF and Channel17 recently launched a mobile app aimed at increased membership engagement in ‘Ransalu Pranaama’, an on-going employee welfare initiative exclusive for apparel sector employees.

Nolimit Excellence Awards honour employees for outstanding performance

?Nolimit, the biggest fashion retail chain in Sri Lanka, held Nolimit Excellence Awards ceremony recently to recognise the employees who have shown outstanding performance in the respective areas over the past year.

NDB Wealth ‘It’s Time’ challenge extended

?NDB Wealth has extended its online initiative, the “It’s Time” Challenge, by two weeks, facilitating the selection of two additional exemplary individuals who will benefit from this unique opportunity. 

361 Degrees unveils ‘Tribal Challenge 2015’

?361 Degrees, the leading human activations company in Sri Lanka, has organised the ‘Tribal Challenge 2015’, a unique competition featuring a tribal-themed outdoor experiential learning programme. 

Alpha celebrates fifty second anniversary with “Alpha Day”

?Alpha Industries, one of the leading furniture manufacturers in Sri Lanka and a subsidiary of Finco group, celebrated its 52nd anniversary at the “Alpha Day” event organized at their Mattegoda factory premises recently.

Experts hail CITS benefits at BASL seminar

Organized by the Bar Association of Sri Lanka (BASL) in collaboration with the Sri Lanka Judges Institute & Clearing Association of Bankers (CAB), the seminar on Cheque Imaging & Truncation System (CITS)...

Indian CEO Forum holds forum on HR best practices

?The Indian CEO Forum (ICF) recently organised a half-day forum with leading Sri Lankan conglomerates on the exchange of ideas on best practices. It was held for ICF members as a precursor to a wider exchange of ideas.

Public participation must in urban development: Patali

The outcome of urban development projects will not be sustainable and will be a failure in long run if there was no public participation. This has been quite evident in connection to projects carried out by the previous regime...

LB Finance delights business partners at get-together

LB Finance, the most prestigious finance company, organised its Gampaha business partners get together on recently at The Wet Water Resort-Gampaha. 

SLIC hosts forum for local business community

?The Sri Lanka Insurance (SLIC) Business Club is a tailor-made comprehensive trade insurance policy that is customised to meet the diverse insurance needs of the business community of Sri Lanka.

No immediate impact from a sanction-free Iran: Ex-TEA Chief

The expected relief for the tea industry in the form of a sanction free Iran may be over a year away, an expert said. Even if Kerry (US Secretary of State) says that the sanctions are lifted tomorrow, it will take more than a year for the instructions to trickle down into the process,” 

ATL’s ‘Suwasiri’ makes health insurance affordable for all Lankans

Amãna Takaful’s (ATL) latest product ‘Suwasiri’ has made its mark in the insurance industry, as the most affordable health policy available in the market. 

SLTFOA calls for task force, industry deregulation

The Sri Lanka Tea Factory Owners Association (SLTFOA) called for the appointment of a Presidential Task Force to ascertain the future sustainability and to de-regulate the industry.

GAAM crosses Rs.5 bn mark in assets under management

Guardian Acuity Asset Management Ltd, which manages three unit trusts, passed an important milestone in its short history when it crossed the Rs 5 billion mark in assets under management (AUM) in early October this year. 

“Seylan Thilina Sayura” rewards migrant employees and expats

?“Seylan Thilina Sayura” is a distinctive scheme offering a range of both monetary and non-monetary benefits to account holders on significant occasions in their life while earning interest from foreign currency accounts. 

Options to subscribe to JKH additional warrants left out

?The options to subscribe to additional warrants in the John Keells Holdings PLC (JKH) 2015 and 2016 warrant issues were left out of the prospectus for good governance practices, the country’s largest conglomerate said.

100 Mbps internet speed for mobile users soon

?Sri Lanka’s mobile internet users will soon start to experience speeds similar to fixed broadband which is now offering 100 Megabits per second (Mbps), according to a senior broadband technology expert. 

90% LTV from today; Ravi K instructs CB

?In an interesting turn of events, Finance Minister Ravi Karunanayake has sent formal instructions to the Central Bank asking the monetary authority to revise the vehicle financing Loan-To-Value (LTV) up to 90 percent from the current 70 percent with effect from today. 

Chamber expectations from budget 2016

As the new government is in the midst of firming up contents of the much-awaited budget 2016, the local business sphere, investors and interest groups wait with bated breath to find out if 

Big Ideas for Small Business Managers : To know your competitor, you must first be your own competit

?John D. Rockefeller, American business magnate, once said, “Next to knowing all about your own business, the best thing to know is all about the other fellow’s business.”

Calculated risk taking in the stock market

Tom Fernando retired last week after a 45-year long career. He intended to invest his life savings of Rs.5 million and enjoy his retirement. One day, a handsome young stock market advisor, the son of Fernando’s friend, came to meet him.

HOTEL, HOSPITALITY & FOOD ASIA EXPO

?South Asia’s International Food, Hotel Supplies & Services Expo kick started at the Sri Lanka Exhibition & Convention Centre (SLECC) yesterday.

Rupee edges up on dollar selling by banks; stocks up

?REUTERS - The Sri Lankan rupee edged up yesterday due to dollar selling by banks and on expectations of inflows after a bond sale in the previous day, dealers said.

Sri Lanka Tea Board gets new Chairman

Minister of Plantation Industries Navin Dissanayake has appointed Rohan Pethiyagoda as the new Chairman of Sri Lanka Tea Board.

Pakistan and Russia sign gas pipeline agreement

?AFP - Pakistan and Russia signed an agreement yesterday to build a gas pipeline stretching hundreds of kilometres from Karachi on the Arabian Sea to the eastern city of Lahore.

Janashakthi shareholders approve rights issue to fund AIA General acquisition

?In a bid to further bolster its position in the market, Janashakthi Insurance PLC., signed a share purchase agreement with AIA Insurance Lanka PLC., to acquire 100 percent of the shares of AIA General Insurance Lanka Limited on 9th October 2015. 

Galle Face Hotel appoints Wendell Rebeira as Director – Operations

The Galle Face Hotel recently announced the appointment of Wendell Rebeira as its Director Operations.  The former Resident Manager of the famous Amari Watergate Hotel in Bangkok and F&B Director...

China set to disappoint with 3Q growth: AFP poll

?AFP - China probably grew at its slowest pace since the depths of the global financial crisis in the third quarter, an AFP survey of economists has found, confirming investor fears following stock market turmoil and a currency devaluation.

Aitken Spence Travels celebrated the Spanish National Day...

Aitken Spence Travels celebrated the Spanish National Day on 12th October with Spanish tourists traveling during the same period.