Dollar takes a hit on global growth jitters

?The dollar was under pressure against the yen and euro yesterday as confidence in the global economy headed south and hopes for a September US interest rate hike faded.

Oil heads for eighth straight week of falls

AFP - Oil headed for its eighth straight weekly decline in Asia yesterday, as sharp falls in equities added to worries lacklustre global economic growth will hurt energy demand in an oversupplied market.

Sri Lanka Tourism blitz on Sony Six for Sanga farewell

Sri Lanka Tourism will showcase the beauty of Sri Lanka on the theme “ 8 wonderful experiences in 8 wonderful days” in the focussed markets of India, Middle East and UK apart from the other countries that Sony Six will relay its live broadcast which accounts for 40...

Samsung to appeal to US Supreme Court in Apple patent case

?AFP - South Korean technology company Samsung is filing a petition to the US Supreme Court in its long-running patent infringement case against Apple, according to court documents.

Oracle helps firms power customer experiences with Cloud releases

?Oracle unveiled significant new functionality within Oracle Service Cloud and Oracle Social Cloud that helps organizations deliver better customer experience and drive more informed business decisions. 

Sanken partners with Mobitel for Employee Data Management Solution

The National Mobile Service Provider Mobitel has equipped Sanken Construction (Pvt) Ltd a fully-fledged employee and sub-contractor Data Management Solution that assists in accumulating and maintaining employee personal and attendance records in a private cloud with maximum confidentiality.

OPPO celebrates first sales launch with fans at MC

?OPPO celebrated its official launch in Sri Lanka on the 15thAugust with a splashy showcase of its newest smartphone releases, the R7 Lite and the R7 Plus, at Majestic City. 

Huawei P8 wins EISA Consumer Smartphone Award

?Huawei, has been awarded ‘European Consumer Smartphone 2015 - 2016’ by the European Imaging and Sound Association (EISA) for its latest flagship smartphone, Huawei P8. This is the third consecutive year that Huawei has been recognized by EISA in this category. 

HP revenue falls on weak PC sales, lower demand for services

?REUTERS: Hewlett-Packard Co reported a drop in revenue for the fourth straight quarter, hurt by weak PC sales and lower demand from corporates for its services.

Novartis buys remaining rights to GSK treatment for up to US $ 1bn

?REUTERS: Novartis has agreed to buy all remaining rights to Ofatumumab from Britain’s GlaxoSmithKline for up to US $ 1 billion, boosting the Swiss drugmaker’s stable of multiple sclerosis (MS) treatments.

Australian competition watchdog approves Qantas, China Eastern joint venture

?AFP: Australia’s competition watchdog reversed a draft decision against a joint venture between Qantas and China Eastern, giving the carriers the green light to coordinate pricing and scheduling.

LG Elec to supply auto displays to Honda, Porsche

?REUTERS: South Korea’s LG Electronics Inc will supply Honda Motor Co Ltd and Porsche with in-car displays, a person with direct knowledge of the matter said yesterday, as the firm tries to grow its auto business to counter weak sales at its mainstay television and smartphone units.

Uber seen reaching US $ 10.8bn in bookings in 2015: Fundraising presentation

?REUTERS: Uber Technologies Inc’s global bookings are projected to rise nearly threefold to US $ 10.84 billion this year and reach US $ 26.12 billion the next, according to a recent presentation for potential investors seen by Reuters.

Land Rover partners Summer Camp 2015

?Land Rover, the iconic British brand, once again partnered with Cinnamon Hotels & Resorts to host another successful Summer Camp for kids at Cinnamon Lodge Habarana. 

Hutch sponsors TNL Onstage Season 15

Hutch Sri Lanka, one of the leading providers of broadband 3G services in the country, came forth as the ‘Official Internet Provider’ for the TNL Onstage Season 15, in an effort to support local music talent. 

Hayleys Toastmasters installs new office bearers

The Hayleys Toastmasters club installed its new office bearers for the year 2015/16 in a grand ceremony themed ‘Bring it On’, which was held recently.

S-lon rewards passionate plumbers in Horana

?Inspiring plumbers across Sri Lanka in their drive to encourage excellence and hard work in the industry, S-lon took its Plumber Educational Programme to Horana (Kalutara Region) recently. 

Brand Excellence 2015 sponsors announced

?Brand Excellence 2015 sponsors announced

DFCC and DVB introduce financial solutions beyond Banking

Friday 21st of August 2015, Colombo: DFCC Bank, the country’s leading development bank and its commercial arm DFCC Vardhana Bank (DVB), introduced Bancassurance, to offer their customers a combined banking and insurance solution.  The Bancassurance product provides the Bank’s customers with a solution that seamlessly delivers insurance services. All Bancassurance products are being facilitated in collaboration with leading insura

Shippers’ Council extends best wishes

The Sri Lanka Shippers’ Council (SLSC) extends its best wishes to Prime Minister Ranil Wickremesinghe and the United National Front for Good Governance led by the UNP for the decisive victory achieved at the concluded Parliamentary Elections.

Exporters’ Association congratulates UNF for poll victory

The Exporters’ Association of Sri Lanka (EASL) extended its congratulations to the United National Front for Good Governance, the coalition led by the United National Party, for its decisive victory at the just-concluded Parliamentary general elections.

EDB clinches Asia’s Best Employer Brand Award

Sri Lanka’s apex export facilitator Export Development Board (EDB) has clinched Asia’s Best Employer Brand Awards 2015, in recognition for the valuable contribution made by it being the most sought after employer. 

NCE expects ‘reasonable protection and assistance’ from new government

The National chamber of Exporters (NCE), a private sector chamber of exporters in the country expects “reasonable protection and assistance” to local enterprises from the new government.

SLSBC concludes trade promotion mission to S’pore on high note

The Sri Lanka- Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce successfully concluded a business mission to Singapore from 29th – 1st August.

Top Canadian universities to tour Sri Lanka to promote Canadian education

Eight of Canada’s leading universities are visiting Sri Lanka from August 30th to September 1st, to meet with top students and showcase Canada as a destination of choice for higher education. 

ACL Cables’ Thanthirigoda wins int’l award for marketing excellence

Sumudu Thanthirigoda was recognized as ‘Young Achiever of the Year” at the Chief Marketing Officer (CMO) Asia Global Brand Excellence Awards 2015 in Singapore in recognition of his contribution to the disciplines of brand building and marketing in Sri Lanka. 

Hirdaramani’s LDP continues to support employee development

The Hirdaramani Group recently held a graduation ceremony to recognize employees who successfully completed the company’s 2014/2015 Leadership Development Programme (LDP). 

Leo Burnett completes third Masterclass programme for industry interns

Leo Burnett Solutions Inc., (LBSI) the local office of Leo Burnett Worldwide, recently completed its third Masterclass programme for 13 industry interns.  The intensive five-week internship which is heralded as the only programme of its kind in the industry

Regus launches one-stop service for mobile workers

Regus, the global workplace provider, has launched a new suite of tools for professionals working on the go.  The new Only@Regus package includes access to 18 million wifi hotspots, and new tools for Regus customers to find workspaces and meeting rooms wherever they’re working.

Orient Finance signs MoU with Senok Commercial Vehicles

Orient Finance signs MoU with Senok Commercial Vehicles Orient Finance (OFL) and Senok Commercial Vehicles (Pvt) Ltd (SCV) signed a Memorandum of Understanding (MoU) to facilitate the provision of a novel service specialty—the Senok-Orient Trade-in Offer.