Feeding Asia safely

By 2050 there will be about one billion extra mouths to feed in Asia, as its population soars. We might be able to produce enough food. But how much will be safe to eat?

Asian Paints breaks new ground in Sri Lanka with ‘Masterstrokes’

A unique multi-dimensional loyalty programme that will contribute significantly to the empowerment of local painting technicians has been launched in Sri Lanka by Asian Paints, the multinational coatings giant that operates in 18 countries.

Premium International and Moratuwa University extend R&D laboratory partnership

The landmark Public Private Partnership (PPP) agreement between Premium International Pvt Ltd and the University of Moratuwa was extended for a further 3 years based on the remarkable progress made by Sri Lanka’s only Research & Development Laboratory for bio medical technology. 

Singhe Hospital to spread wings

Singhe Hospital network as the first step of spreading its wings around the country,  opened their first complete laboratory at Homagama recently.

Access Energy Solutions celebrates 10th anniversary

Access Energy Solutions that provides complete turnkey electrical engineering, energy management and power solutions recently celebrated their 10th anniversary. 

Taiwan Textile Fairs to be held in Sri Lanka next month

Taiwan is internationally renowned for textile development. The highly successful Taiwan Textile Fairs creates a common platform for class, leading textile manufacturers with their product ranges to meet with Sri Lankan garment manufacturers. 

Nothing but the state enterprises!

State-owned enterprises (SOEs) have come under harsh criticism in the recent past for their poor performance, productivity and profitability, and it is the public that paid the price.

Emerald Central Province Dealer Convention

With the main purpose of recognizing the Dealers of Central province, Emerald International, Sri Lanka’s Premier high quality Shirt manufacturer, who reigns supreme as the No.1 Shirt  brand in the country, 

Health insurance made affordable to all Sri Lankans via ATL’s ‘Suwasiri’

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

State enterprises must invest in T&D to revive: Eran

Investing in new skills and higher allocation for training and development (T&D) is essential, according to the new State Enterprise Development Deputy Minister, if the nation’s state-owned enterprises (SOEs) are to revive and become profitable ventures. 

Employers tend to see EPF payments as tax: researcher

Some employers are evading the payment of Employees’ Provident Fund (EPF) benefits as they view it as a tax, a researcher and the head of a Colombo-based equity brokerage said. 

Chairmen of 4 state tourism agencies step down

 The four chairmen of the national tourism organisations stepped down from their posts last evening.

ComBank carries on with good practice

Continuing a best-practice standard set last year to rise above the Annual General Meeting (AGM) rush, Commercial Bank of Ceylon PLC announced last week that it would be holding its AGM in March 2016.

Sri Lanka among top 50 high-speed broadband users

Making further strides in the fixed broadband and Internet sphere, Sri Lanka has been ranked among the top 50 countries for having broadband speeds above 4Mbps for 77 percent of the country’s broadband subscribers,...

SriLankan seeks ideas from employees to reach profitability

The top management of Sriankan Airlines has launched a company-wide interactive campaign titled ‘Red to Black’ to gain innovative ideas from its staff to bring the national carrier back to profitability.

Laugfs acquires control of B’desh LPG operator for US $ 18.75mn

Sri Lanka’s only privately owned liquefied petroleum gas (LPG) operator Laugfs Gas PLC has acquired a 69 percent stake in Bangladeshi LPG company Petredec Elpiji Ltd (PEL) at an investment of US $ 18.75 million. 

Union Bank salary accounts to make the most of your salary

Union Bank’s Salary Power and Salary Select accounts are unique value propositions for employed individuals enabling to maximize and enhance returns on their salaries.  It is an ideal savings solution that caters to all career and income levels. 

Rupee steady in dull trade; stocks up

REUTERS: The Sri Lankan rupee was trading steady in dull trade yesterday as dollar selling by banks offset importer demand for the greenback, dealers said. “There is not much happening,” said a currency dealer asking not to be named.

Fitch rates HDFC Bank’s Rs.4bn debenture issue at ‘BBB(lka)’

Fitch Ratings has assigned Housing Development Finance Corporation Bank of Sri Lanka’s (HDFC Bank; BBB(lka)/Stable) proposed senior unsecured debentures of up to Rs.4 billion a final National Long-Term Rating of ‘BBB(lka)’.

NDB adjudged ‘Best Bank in Sri Lanka’

NDB CEO Rajendra Theagarajah on behalf of the Bank, received the prestigious award as the ‘Best Bank in Sri Lanka’, under the Emerging Market Banks’ in Asia Pacific 2015 at the Global Finance award ceremony held on 10th October in Lima, Peru. 

Insurance industry GWP grows 12% in 1H15

The insurance industry recorded a growth of 11.73 percent, in terms of Gross Written Premium (GWP), during the first half of year 2015 when compared to the same period in the year 2014. 

Whither our state-managed tea plantations

This article does not intend to comment on the parlous condition of our state-managed tea plantations. Suffice it to say that these valuable assets have become a tremendous strain on our economy, mostly due to political interference and gross mismanagement.

Photo Technica launches new website with digital enhancement

Photo Technica’s web page is back, with a digitally advanced version, as a technophiles guide and a live extravaganza of photography as an art in varied forms. After months of toil and research, they have relaunched their new website. 

DHL Express awards StanChart with GOGREEN Certificate

DHL Express, the world’s leading international express provider, has awarded Standard Chartered Bank Sri Lanka with a carbon credit certificate for the use of the company’s climate neutral shipment option DHL GOGREEN. 

Hayleys Industrial Solutions partners with DuPont Danisco

?Hayleys Industrial Solutions organized a launch event to celebrate the new partnership with DuPont Danisco recently at the Kingsbury Hotel. 

Delmege launches interior product solutions from Interface and Haworth

?The interior solutions arm of Delmege recently launched a host of innovative products from Interface and Haworth for office interiors. 

CIAL launches new logo at Colombo International Book Fair

?CIC’s stationery brand, CIAL recently launched its new logo at the 14th edition of the Colombo International Book Fair 2015 (CIBF). 

Holcim streamlines clinker supply with ship-to-ship operations

In the interest of providing continuous cement supply, Holcim Lanka has embarked on ship-to-ship (STS) operations, contributing an estimated US $ 0.5 million to the Sri Lanka Ports Authority (SLPA) revenue. 

Prime Lands Group powers 36th National Conference of Chartered Accountants

The Prime Lands group, a leading real estate company, recently came onboard to power the 36th National Conference of Chartered Accountants with a Gold sponsorship.

Top Lankan property developers promote Colombo projects in China

Sri Lankan property developers ventured into the Chinese market for the first time when some of the country’s most exciting property developments were showcased at the recently concluded Beijing International Property Show.