Bongo celebrates first year in business

?Bongo Travels celebrated its first year in operation with a simple ceremony at the office premises that reflected the company’s straightforward approach to business. 

Esoft and Sirasa launch joint blood donation campaign to mark anniversaries

?An island-wide joint blood donation campaign was held to mark the 15th anniversary of Esoft Metro Campus and the 17th anniversary of Sirasa TV recently.  Blood donation camps were conducted in the branches of Esoft Metro Campus situated in major towns island-wide.

Qatar Airways receives SUNFO Service Excellence Corporate Award 2015

?Qatar Airways has won the SUNFO ‘Service Excellence Corporate Award 2015’ from the Sri Lanka-United Nations Friendship Organisation (SUNFO) at a ceremony held at the iconic Sri Lanka Museum Auditorium in Colombo.

Lankem Robbialac paints Dalada Maligawa for Esala Perahera

?Lankem Paints Ltd, manufacturers and marketers of Robbialac Paints has once again successfully completed its annual ‘Varna Pooja’ – the painting of the entire Dalada Maligawa complex in Kandy - ahead of this year’s Esala Perehera. 

GSK implements trailblazing new remuneration model in Sri Lanka

?GlaxoSmithKline (GSK) Pharmaceuticals’ trailblazing new sales force remuneration programme that eliminates individual sales targets, has been successfully implemented in Sri Lanka following execution over the past 18 months in 150 countries in which the global pharmaceuticals giant operates.

LOLC on top 10 Most Respected firms list

?Lanka ORIX Leasing Company (LOLC) has leaped a significant five notches to reach the top 10 in the latest edition of LMD’s Most Respected entities in Sri Lanka.

Harsha and Eran make strong case for more recognition in future Cabinet

With the preferential votes being announced, two candidates who are widely perceived as qualified in running the country’s Finance Ministry have emerged victorious in the Colombo District for the upcoming United National Party (UNP)-led regime.

Can Asia keep growing through middle income?

About a decade ago we observed that there was no easily communicable growth strategy we could recommend to policymakers in the middle income economies in Asia.

Dairy prices rise, volumes down at auction: NZ’s Fonterra

REUTERS: Global dairy prices bounced off a 12 1/2-year low after the supply offered at the latest auction dropped, spurring demand after months of absence of big buyers including Chinese processors.

SLAITO reiterates support to PM

?Apex tourism body Sri Lanka Association of Inbound Tour Operators (SLAITO) wrote to Prime Minister Ranil Wickremesinghe congratulating him for being re-elected to the position this week and reiterating its support towards the government similar to the past.

Sri Lanka needs separate ministry for construction industry: CCI Chief

?Following are excerpts of the speed delivered by Chamber of Construction Industry President Dr Surath Wickramasinghe at a recent seminar organized by the National Chamber of Commerce of Sri Lanka themed “Construction Industry and the way forward”

Clarity on new govt’s economic policy more vital than politics: Fitch

?Fitch Ratings in a brief statement yesterday said greater clarity over economic policy is more important than the party composition of Sri Lanka’s next government.

CDB shines at SLIM NASCO Awards

?Two of Citizens Development Business Finance PLC (CDB) star performers won awards at the recently concluded National Sales Congress Awards (NASCO) organised by the Sri Lanka Institute of Marketing (SLIM).

Vallibel Finance FDs swell by 31% to cross Rs. 12 bn threshold

?Vallibel Finance affirmed its continuing ascendancy, announcing yet another impressive performance in 2014-15.  Pre-tax profits soared by 28 percent to exceed Rs.623 million over the previous year’s Rs.489 million.  

Post-poll interest

?People in a line to buy newspapers at a newsstand in Colombo yesterday. Sri Lanka’s ruling United National Party (UNP) has won decisive gains in a general election, final results showed on Tuesday, putting it in a position to form a stable government after eight months of minority rule (REUTERS)

NDB wins three top titles at CMO Asia Awards

?NDB received three awards of excellence for ‘Best use of Facebook’, ‘Best use of Social Networks’ and the ‘Award for Brand Excellence in the Banking Sector – Sri Lanka’ at the 6th CMO Asia Awards for Excellence in Branding and Marketing recently held in Singapore. 

What should be the priority of the new government?

The general election is over. The people of this country elected their representatives to rule the country for the next six years.

The vision of CFW Swim starts on a good footing

Wednesday 19th August, 2015: The swimwear edition of Colombo Fashion Week (CFW) known as CFW Swim, which concluded last week, started on a good footing. It showed every prospect that it has taken a step closer towards its vision of making Sri Lanka an international swimwear capital. CFW Swim was a work in progress for over a year by CFW and came to fruition on 7 and 8 August 2015. CFW Swim is a platform that is very relevant to Sri Lanka and will

Serendib Flour Mills Silver sponsor of Pro-Food Pro-Pack Exhibition

?Wednesday 19th August 2015, Colombo:  Serendib Flour Mills recently extended its support to the Pro-Food Pro-Pack Exhibition as the Silver sponsor of the event for the second consecutive year. The exhibition was attended by many high profile delegates including the Minister of Finance Hon. Ravi Karunanayake and Secretary to the Ministry of Industries S. S. Miyanawala.

India’s Modi to bet US $1.5bn on palm oil plan as imports surge

REUTERS: India plans to spend US $1.5 billion in the next three years to help farmers grow oil palm trees in an area the size of New Jersey, ...

Ceylon Chamber congratulates victors

Sri Lanka’s premier trade chamber the Ceylon Chamber of Commerce (CCC) yesterday in a statement extended congratulations to the United National Front for Good Governance, ....

Distilleries 1Q saved by beverage operations

Distilleries Company of Sri Lanka PLC posted a net profit of Rs.1.76 billion for the first quarter of 2015/16 (1Q16), up 5 percent year-on-year (YoY),...

Bogala Graphite makes Rs.18mn 2Q loss amid rising sales costs

Graphite manufacturer Bogala Graphite Lanka PLC posted a net loss of Rs.18.69 million compared to a net profit of Rs.10.52 million year-on-year...

Altair wins Gold and Silver at 2015 BestWeb.lk Awards

Altair, Sri Lanka’s architecturally inimitable luxury high rise development, has been honoured with two key awards for the quality and effectiveness of its website www.altair.lk

AMW holds Top 30 Tyre Retreading Dealer Convention 2014

Associated Motorways (AMW), the corporate giant, held its annual top 30 dealer convention of the retreading tyre sector recently at Eden Resort & Spa Hotel,

A new trade opportunity opens for tile,sanitaryware industry

The ceramic tile industry in Sri Lanka has 34 years of long history of manufacturing and distribution of tiles all over the country as well as exporting....

Techzone analyses current market trends in technology

With 24 years of experience in commercial and consumer technology, Techzone Chairman Mohamed Naushad talks about market trends and local sentiments in the ICT arena.

Marina Rasa Saraniya unveils ‘Star Chef Hunt’ third phase in Central Province

The third phase of the ‘Star Chef Hunt’ competition launched by Cherubium Lanka in collaboration with Swarnavahini TV channel and the Education

Sampath Bank honoured for CSR efforts and sustainability reporting

Sampath Bank has broken new ground with the achievement of three prestigious awards for the “Best Sustainability Report” at The Asia Sustainability ...

Berendina launches first crowd funding platform in Sri Lanka

“Creating Future Leaders by giving educational and career support to underprivileged children” is one of Berendina’s core missions...