Siyapatha Finance marks anniversary with loyalty card launch

?Siyapatha Finance PLC celebrates its 10th anniversary under the theme “Siyapatha Finance Dhashakayaka  Abhishekaya“, featured with the launch of a loyalty card. 

Germany’s Bundesbank lists all gold bars to silence skeptics

?RUETERS: Germany’s Bundesbank has published an exhaustive list of all the gold bars in its near 3,400-tonne reserve of the metal to bolster the bank’s standing as a guardian of stability among an increasingly wary public.

Profits at big U.S. banks soar since crisis - N.Y. Fed

?REUTERS: Profits have soared since the global financial crisis at the five biggest U.S. banks with market-making dealing operations, New York Federal Reserve economists said in an article released yesterday.

Stocks end steady; policy clarity awaited

?REUTERS: Sri Lankan shares ended little changed yesterday as gains in diversified shares helped offset losses in banking stocks, with many investors waiting for more clarity on policy direction, brokers said.

Bureaucratic turf wars must end for economic diplomacy to begin: Harsha

?The ‘turf wars’ among different government agencies must end for the much-touted economic diplomacy to take off, according to the country’s Deputy Foreign Affairs Minister Dr. Harsha de Silva who spoke at a recent forum in Colombo. 

Airtel to add 150 network towers by end-2016

Airtel Lanka yesterday shared its plans of expanding its network infrastructure, affirming its commitment to continue servicing the Sri Lankan market.

BOC debentures total Rs.45bn with latest debt offering

?With its latest Rs.8 billion debenture, the total listed debentures issued by Bank of Ceylon (BOC) amounts to Rs.45 billion, the state-owned banking giant said in a statement.

People’s Leasing to raise Rs.6bn in debt

?People’s Leasing & Finance PLC (PLC), the leasing and finance arm of state-owned People’s Bank, is to raise up to Rs.6 billion by issuing senior unsecured debentures. 

Rupee ends higher on dollar selling by bank

?REUTERS: The Sri Lankan rupee ended firmer yesterday as a private bank sold dollars amid tepid demand for the greenback from importers, dealers said.

JKH broking arm appoints Hishantha as Acting CEO

?John Keells PLC, the commodity and stockbroking arm of the country’s largest conglomerate John Keells Holdings PLC (JKH), has appointed Hishantha de Mel as the Acting CEO following the resignation of Sudath Munasinghe.

Jennifer Aniston wakes up to comfort and luxury on Emirates

Emirates has unveiled its highly aticipated television commercial (TVC) featuring Hollywood actress, director and producer Jennifer Aniston. This marks the first time Emirates has collaborated with the international star in a global digital and TV campaign.

Qatar Airways sweeps ‘Best Middle Eastern Airline’ Award 10 years in a row at TTG Travel Awards

Qatar Airways has been voted ‘Best Middle Eastern Airline’ for the 10th consecutive year at the 26th Annual TTG Travel Awards. The latest win seals a decade of success for Qatar Airways at the TTG Travel Awards, 

HSBC Global Service Centre Sri Lanka joins hands with World Vision to support local communities

HSBC’s Global Service Centre in Sri Lanka (GSCSL) announced it had entered into an agreement with World Vision Lanka (Guarantee) Limited to implement a water and sanitation project under HSBC’s Global Water Programme 

Expolanka conducts health camps to celebrate World Elders Day

Celebrating World Elders Day, Expolanka’s CSR arm conducted ‘Healthy Living’, a series of health camps in Maskeliya, Sedawatta, Homagama and Wattala areas for over 300 elderly citizens in collaboration with HelpAge Sri Lanka. 

Jungle Beach by Uga Escapes cleans up beach

Though Sri Lanka is rimmed by some of the world’s best beaches, few compare with the wide, white, miles-long stretch of sand that runs North of Trincomalee past Pigeon Island and Nilaveli to the lagoon mouth at Kuchaveli. 

Inaugural China Products Trade Exhibition to be held in November

A successful global brand – The China Products Exhibition – is being launched in Sri Lanka for the first time. 

Journal invites papers on national income accounting

?Sri Lanka Economic Journal is planning to publish an issue dedicated to national income accounting and related issues as its next publication. 

Mannar residents benefit from flood control and groundwater cleaning project

In a bid to help communities improve groundwater conditions and increase their resilience to floods related threats, the United Nations Office for Project Services (UNOPS), in partnership with the Mannar District Secretariat and the Mannar Urban council,

BOI Chief to meet biz community at breakfast meeting

Board of Investment (BOI) Chairman Upul Jayasuriya will meet the business community at a breakfast meeting to be held on 19th October to outline BOI’s new policies and practices adopted to attract FDIs.

HNBA and Access Engineering onboard as CA Sri Lanka training partners

Access Engineering PLC and HNB Assurance PLC recently came onboard to further boost the training partner portfolio of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). 

CTC staff renovates Kotahena community centre

The employees of Ceylon Tobacco Company (CTC) once again demonstrated their commitment to Corporate Social Responsibility (CSR) as they organized an initiative, which saw the renovation and restoration of the Kalimuththu Community Centre on Bonjean Road, Colombo 15. 

Denta Kid raises awareness among children via activation programme

Under the theme ‘good habits’, Darley Butler & Company Ltd is conducting sessions in several selected preschool as a brand activation campaign to promote Denta Kid, the recently launched junior toothbrush. 

Eliminating Pension Anomalies – Reaching Beyond Public Servants

The Sri Lankan government’s efforts to alleviate discrepancies in the pensions received by public servants, in July this year, are highly commendable. 

Nippon Paint clinches ‘Asian Brand Heritage Award’

Asia Enterprise Brand Awards (AEBA) is a premier awards platform in Asia which aims to recognise successful local and foreign brands and accelerate the growth of up-and-coming brands in the region. 

Airtel’s new CEO rings operations in full steam

New CEO of Airtel’s Sri Lankan operations has kicked off his stint by reaffirming the company’s commitment in continuing to be a challenger in the highly competitive telecom industry.

Embark opens mini concept store at BIA

Visitors to Sri Lanka as well as Sri Lankans travelling overseas can now support the country’s brand with a cause and live the passion prior to departure, following the opening of an independent Embark store at the Bandaranaike International Airport (BIA) Katunayake.

Prima Sunrise rewards customers once again

As a means of rewarding loyal customers of Prima Sunrise White Bread, the company has launched the Prima Sunrise Scratch & Win Promotion yet again.  The promotion is scheduled to run from the 1st of October to the 30th of November. 

ReeBonn introduces latest herbal oil to local market

ReeBonn Cosmetics, one of the leading herbal cosmetics companies in Sri Lanka launched its newest product ReeBonn Premium Hair growing and scalp nourishing oil. 

Yamaha Music Centre and Singer in retail collaboration

Yamaha and Singer, two of the world’s top brand names, have come together in a retail collaboration in Sri Lanka to enhance access to a select range of musical instruments and home theatre systems.

Asian states hail deal on world’s largest free trade area

AFP: Asian members of the newly-minted Trans-Pacific Partnership yesterday hailed the deal to create the world’s largest free trade area, with Japan calling it the start of a “new century” for the region.