Fed rate hike to affect those depending on foreign funding: Moody’s

Credit rating agency Moody’s in a new report said that the US Federal Reserve could hike up its short-term interest rates by 0.25 percent today or in the coming months which could have mixed effects on emerging markets.

Bopitiya to become modern township as part of Negombo-Colombo metro rail system

A 150-acre marshy land in Bopitiya bordering Muthurajawela is to be developed as a modern township as part of the 47km electric metro rail system planned by a Malaysian company between Negombo and Colombo.

Rupee rebounds from record low on state bank, exporter dlr sales

?REUTERS: The Sri Lankan rupee recovered after hitting an all-time low yesterday as late sale of dollar by exporters and a state bank helped recoup early losses, dealers said.

Prestige Automobile appointed sole authorised importer for ‘BMW i’ in Sri Lanka

?BMW Asia recently announced Prestige Automobile as the sole authorised importer in Sri Lanka for BMW i – the BMW sub-brand for its electric cars comprising the all-electric BMW i3 and BMW i8 plug-in hybrid sportscar.

SriLankan Airlines invests in continuous employee development

?National carrier SriLankan Airlines has initiated a dynamic venture for harnessing the potential and talents of their employees, by proposing to fund their post graduate higher education under the Airlines’ Continuous Professional Development Programme. 

Ways to improve individual performance

Last week, we discussed how to alleviate poor performance so as to have a competitive advantage in the industry.

Wild Drift at 361 celebrates 1000 programmes with ‘Tribes of Walawe’

Wild Drift, the strongest brand under the 361 Degrees umbrella, celebrated a momentous milestone as they completed the brand’s 1000th corporate activity based training programme amidst rivalry, adventure and tribal war cries in Udawalawe, recently.  

IPM-Abhina roll out yoga programme for corporate sector

IPM – the nation’s leader in human resources management (HRM) – has joined forces with Abhina Yoga Institute and leading Hatha Yoga practitioners ...

IPM welcomes Kurunegala students

IPM Sri Lanka, the nation’s leader in human resource management (HRM) will be reaching the heart of Kurunegala town today.

Best Corporate Citizen Sustainability Award helped raise standards: Top corporates

Three of the top winners of the Best Corporate Citizens Sustainability (BCCS) Award, an annual event organised...

Ravi Fernando to conduct CA Sri Lanka Blue Ocean Strategy master course

The Institute of Chartered Accountants of Sr Lanka (CA Sri Lanka) has organised a one-day master course on ‘Blue Ocean Strategy..

CIMA President in Sri Lanka on Sept. 20

CIMA Sri Lanka’s golden jubilee celebrations marking its 50-year presence in the country will be held under the patronage of Myriam Madden, CIMA President for 2015/16.  

Wanted – a frank and intelligent discussion on sexual crimes against women in Sri Lanka

Some years ago, I was walking out of a shopping mall in Colombo when a young man brushed past me. I didn’t pay much attention but in quick hindsight, ...

SPMC: An asset to the pharmaceutical industry of Sri Lanka

State Pharmaceuticals Manufacturing Corporation (SPMC) has been a local manufacturer of high-quality essential drugs in Sri Lanka for the past few decades and as some of its main functions,

Nawaloka Hospitals and National Insurance Trust Fund in landmark partnership

Nawaloka Hospitals and the National Insurance Trust Fund (NITF), in a significant healthcare partnership to benefit government employees, signed a Memorandum of Understanding (MoU).

Fairhealth launches Kabrita Paediatric goat milk formula in Sri Lanka

Kabrita, the first paediatric goat milk formula in Sri Lanka was launched recently by Fairhealth, the pharmaceutical arm of Fairway Holdings.

Browns Hospital Ragama focuses on wellness of women

More than 100 ladies gathered recently at Browns Hospital in Ragama for a workshop entirely focused on the wellness of women.

Symposium on value addition in natural products for healthy brain-aging

In a stride of innovation, the International Brain Research Organisation and the University of Sri Jayewardenepura have come together to organise a seven-day International Neuroscience Workshop,

Hypocrisy or backing Indian deals: Will Pathfinder find the correct path?

The Pathfinder Foundation (PF) generally issues very useful analytical pieces on Sri Lanka’s much-needed economic reforms and promotes economic

JLanka Technologies helps nation fast track Nanotechnology

JLanka Technologies, the nation’s pioneer in advanced solar power solutions was the main sponsor of the recently concluded 2nd Annual ....

JAT concludes Wood International Expo on high note

With the motive of pushing the domestic wood industry to greater heights, JAT Holdings,....

Japanese SMEs should enter Sri Lanka to explore Indian, Pak markets – SLJBCC Chief

“Sri Lanka has great potential to attract Japanese investors who are interested in investing in Sri Lanka,” said Kenichi Suganuma,...

Intex South Asia to be held on November 16-17 in Colombo

The global garment and apparel industry is now focusing its energies on South Asia as garment manufacturing shifts from China to South Asia.

ACL to hold 10th Corporate Law conference next week

For the 10th consecutive year, the Association of Corporate Lawyers Sri Lanka (ACL) has organised its annual Corporate Law Conference which will be held on 23rd September 2015 from 8.30 a.m. to 5.00 p.m. at the Hilton Hotel.

OZO Outshine with “Hours of Happiness”, adding a late night Happy Hour to the menu at ON14 Pay less

Promising a greater experience and going one step up, ON14 now offers a Late Night Happy Hour from Monday to Sunday, between 10 to 11 pm. Guests are invited to experience a new menu, new cocktails and a little after-hour fun with OZO Colombo’s innovative daily offerings.

JAT presents Wood International Expo concludes on a high note

With the motive of pushing the domestic wood industry to greater heights, JAT Holdings, the leading furnishing and finishing company recently concluded the three-day annual trade show ‘Sri Lanka Wood International Exhibition 2015’ which drew tens of thousands of visitors from across the country.

Nawaloka Construction enters global construction market

Nawaloka Construction Company (NCC) yesterday announced that it has successfully stepped into the global construction market having bagged a million dollar hospitality project in the Maldives.

Second stage of OCH opens to public today

The Japan International Cooperation Agency (JICA)-funded Kaduwela to Kadawatha section (OCH 2) of Colombo Outer Circular Expressway (EO2) is to be declared open today by Highways and University Education Minister Lakshman Kiriella.

Economic effects of the national government

?The constitution of Sri Lanka is the supreme law of the country that gives powers to the government of the day and limiting its powers to the constitutional boundaries. 

Softlogic Finance expands branch network to 25 with Matara Metro branch

?Softlogic Finance PLC has extended its islandwide presence to 25 fully-fledged branches with the opening of a Metro branch in Matara, continuing the company’s plan to expand its footprint across the country.