Toshiba scandal exposes Japan Inc.’s governance flaws

AFP: Toshiba’s billion-dollar accounting scandal has shone a light on a corporate culture in Japan still beset by collusion in its senior ranks, unquestioning employees and poor external controls, experts say.

Strengthening yahapalanaya in the financial sector

?The level of debate on good governance (yahapalanaya) has helped the many yahapalana activists to move the topic to the centre stage quickly and decisively in the last eight months. The 19th Amendment was a huge victory for good governance. 

Big Ideas for Small Business Managers: A positive attitude can make a manager more productive

How can the power of positive thinking change your approach to problem-solving? First, start by finding the right problems to solve. Second, try to see every problem as an opportunity. 

“Natuzzi” Italia luxury furniture opens flagship store in Colombo

?Natuzzi, the Italian luxury furniture manufacturer, joined hands with Softlogic Retail (Pvt) Ltd, a fully owned subsidiary of Softlogic Holdings PLC and appointed Exclusive Authorised Distributor for Natuzzi in Sri Lanka, to launch its first flagship showroom in Sri Lanka. 

SEC Chief urges to maintain professionalism

?Following is the speech of Securities and Exchange Commission of Sri Lanka (SEC) Chairman Thilak Karunaratne at the SEC’s Certificate and Diploma Awards Ceremony 2015.

David Pieris Group moves to Public Cloud with Infront Consulting backing

?More and more companies in Sri Lanka are taking the next step and moving to the cloud. 

Ceyoka’s Fundermax Exterior Panels obtain Green Mark Gold Award

?As a testament towards introducing more innovative sustainable solutions in Sri Lanka, Ceyoka Engineering Division recently received the CIOB Green Mark Gold Award  and certificate for its architecturally appealing...

Creating an asset-owning middle class

The fourth Annual Certificates and Diploma awards ceremony organised by the Capital Market Education and Training (CMET) of the Securities and Exchange Commission (SEC) was held recently.

Imperial Builders finalizes Italian interior fixtures for Destiny Mall

?An agreement between the Italian company MHF Italian Suppliers of Bolzano and the Pakistan-based Imperial Builders Pvt Ltd was signed recently.  The signing took place in Colombo with the presence of Dott. 

Why switching to St. Anthony’s Solar is a worthy investment?

?Sri Lanka’s most prominent provider of Solar Power solutions – St. Anthony’s Consolidated recommends Solar Energy as the smartest way to generate electricity, backed by their 70 years’ expertise in the field. 

Sony launches Bravia Android TV in Sri Lanka

Now the consumers can experience what they loved on their smartphone or tablet, even bigger with the new ‘Bravia Android TV’, which was launched in Sri Lanka recently.

Zaizi’s Senior R&D Engineer announces launch of new book

?Award winning open source software consultancy Zaizi announced the release of the highly anticipated book ‘Apache Mahout Essentials’ by Jayani Withanawasam, Senior R&D Engineer at Zaizi. 

IronOne launches ‘ATrad Mobile’ for secure CSE trading data access

?IronOne Technologies has announced the launch of ‘ATrad Mobile’ for busy investors to access the Colombo Stock Exchange for real-time market information, and to trade securely via their smartphones.

HBL connects customers with LankaPay

?In a bid to position itself as the customers’ preferred choice among the foreign banks in Sri Lanka, HBL – a South Asian origin global multi-national financial institution has recently connected with LankaPay – Sri Lanka’s largest common ATM network, operated by LankaClear (Pvt.) Ltd.  

Hitachi Data Systems introduces new solutions for next phase biz strategy

?Hitachi Data Systems Corporation (HDS), a wholly owned subsidiary of Hitachi, Ltd. unveiled the next phase of its Social Innovation business strategy in conjunction with new solutions and services, which include Hitachi Live Insight for IT Operations...

‘Ceylinco VIP On The Spot’ policyholders to get Rs.4mn health cover

Sri Lanka’s largest private insurance company Ceylinco General Insurance Ltd announced that all of its ‘Ceylinco VIP On The Spot’ comprehensive policyholders will receive a Rs.4 million emergency hospitalisation cover for no additional premium charge.

Beauty advisors

?Japan’s telecom giant Softbank’s humanoid robot Pepper poses with cosmetic sales clerks of the Loft department store in Tokyo. Loft is hiring Pepper robots as beauty advisors at the cosmetic counter in its Shibuya and Yokohama shops from July 25 to August 23.

Mobitel develops ‘HeritageSL’ mobile app for Archaeology Department

?The National Mobile Service Provider Mobitel partnered with the Department of Archaeology for the launch of an innovative mobile app named ‘HeritageSL’ that provides unlimited free access for the public to explore Sri Lanka’s archaeology and cultural heritage. 

Shares at 8-wk high; hopes on earnings, political stability help

?REUTERS - Sri Lankan shares rose to an eight-week high yesterday, gaining for a third straight session, as hopes of improved corporate earnings and political stability after the parliamentary polls next month boosted investor sentiment.

Pegasus Reef to provide improved customer service after facelift

?Pegasus Reef Hotel, a part of the Carson Cumberbatch Group (Carsons), is currently being upgraded to provide travellers with a better experience, according to Carsons’ annual report.

Japan provides HRD scholarships for Sri Lanka’s public sector

?The Japanese Grant Aid for Human Resources Development Scholarship (JDS) Programme was introduced in Sri Lanka in 2010 by the Government of Japan in order to provide opportunities to the executive level public officials of Sri Lanka...

Automaker Mitsubishi to end US production: report

?AFP - Japanese automaker Mitsubishi will stop making cars in the United States as it looks to shore up its business in Asia, a report said yesterday.

SLIM facilitates professional marketers, graduates obtain CPM (Asia) status

?Marketing undeniably is the subject that sheds light on success and sustainability of organisations as well as individual business ventures world over. 

Ewis and Lexmark hold Awards Night

?Ewis Peripherals (Pvt.) Ltd, together with Lexmark International Inc. held a glamorous event recently at a prestigious venue, in an effort to recognize and honour their top most outstanding achievers for the year 2014. 

Jat Holdings signed as title partner for Sri Lanka Wood International Expo-2015

?Jat Holdings (Pvt.) Ltd, which is one of the most influential and leading name in elite business conglomerates, has signed the Memorandum of Understanding (MoU) to be the title partner once again for the third Sri Lanka Wood International Expo 2015...

Ceylinco Life Toastmasters Club accorded ‘Distinguished’ status

?One year after it received its charter from Toastmasters International, the Toastmasters Club of Ceylinco Life has been accorded ‘Distinguished’ status by Area E02, Division E, District 82, in recognition of the progress of the club’s members.

Luv SL store opens at Crescat Boulevard

?Luv SL by Odel opened its newest and most extraordinary store at Crescat Boulevard recently.

Groundbreaking ceremony held for Prime Residencies Splendour in Rajagiriya

?Prime Homes (Pvt.) Ltd recently held a groundbreaking ceremony to commence construction of its latest project Prime Residencies Splendour, luxurious apartment project in Rajagiriya followed by a religious ceremony at the site.

ComBank hosts entrepreneurship seminars in Kandy, Kuliyapitiya

?Commercial Bank of Ceylon recently interacted with 260 entrepreneurs in the Central and North Western Provinces at programmes hosted in Kandy and Kuliyapitiya as part of the bank’s...

Seylan Tikiri offers Bangkok Dream World tour to year five scholarship student

?Seylan Bank’s children’s savings account Tikiri, with its pioneering, innovative, interactive rewards scheme has made a dream come true for yet another of its young shining stars – a scholarship winner from Embilipitiya.