Global Change Readiness Index 2015: Sri Lanka ranked first in South Asia

?Sri Lanka has emerged as the country best equipped to respond to growing political, economic and social changes in the South Asian region, according to KPMG’s latest Global Change Readiness Index (CRI).

Fitch affirms 9 Lankan banks; downgrades Sampath

?Fitch Ratings has affirmed the ratings on nine of Sri Lanka’s banks, both state-owned and private banks. The long-term Issuer Default Ratings (IDRs) on National Savings Bank and Bank of Ceylon (BoC)...

Ratings agencies — Why they are important

?In the past, a few companies engaged a credit rating agency as they dealt with what they knew. Banks would lend to companies who they were familiar with or to local households, whose behaviours they could easily understand and predict, despite not knowing them individually.

Lanka Hospitals surpasses 750th kidney transplant in 12 years

?Lanka Hospitals has now surpassed its 750th kidney transplant in just over 12 years since its inception. A milestone in the advancement of organ transplant in the country and a big stride in building confidence of patients on our country’s private medical services.

GSK launches webinars for Sri Lankan doctors

?A new initiative using web seminars or ‘webinars’ to disseminate information to medical professionals on the latest developments in the treatment, management or prevention of diseases has been launched in Sri Lanka by GlaxoSmithKline (GSK) Pharmaceuticals.

Browns Hospital Ragama conducts live Laparoscopy workshop for surgeons

?Browns Hospital Ragama recently conducted a very successful live surgery workshop on Laparoscopic procedures with the participation of over 25 participating invitee surgeons in attendance.

Tea Board teams up with pvt. sector to re-energize cuppa

?The state-run Sri Lanka Tea Board (SLTB) has taken a number of initiatives in collaboration with the country’s private sector to promote Ceylon tea in export markets in the present difficult times.

Chethiya appointed as Aitken Spence Hotel Management JMD

Chethiya Perera has been appointed as the Joint Managing Director (JMD) of Aitken Spence Hotel Management Private Limited.

TRANSFORMATIONAL LEADER – NELSON MANDELA

Transformational leadership must give people a long-term vision that imbues their lives with meaning;..

Promoting entrepreneurship: Balancing govt’s role and introducing Entrepreneurship Climate Index

Entrepreneurship is very much about ideas and efforts of individual (or a collective) of private actors,..

Virtusa recognized for CSR excellence and employee growth

Virtusa Corporation  announced the International Association of Outsourcing Professionals...

Michel Nugawela launches brand archetyping in paradigm-shifting Jungian psychology

Brand development consultancy Michel Nugawela Designs complements its full suite of brand strategy,..

NUC PC - Hybrid model of existing desktop PCs

With the launch of Intel NUC (Next Unit of Computing) PC Kit,..

Limited P8 smartphones will be available here - Huawei Sri Lanka

Huawei announced that its newest flagship smartphone, ...

MillenniumIT implements Smart Hospitality Solution for Cinnamon Red

MillenniumIT completed the deployment of a one-of-a-kind interactive IT solution for the newest...

SLT’s Global connectivity services supporting Maldives’ internet

Sri Lanka Telecom (SLT), the national ICT solutions provider and the largest Internet Services ...

OPPO Smartphones set sail to Sri Lanka

Many would argue that the Sri Lankan mobile phone market 

Top int’l speakers to address Global Management Accounting Summit

Participants of the Global Management Accounting Summit 2015,

Brother Machinery introduces modern industrial sewing machine

Brother Machinery (Asia) Limited Ltd introduced a modern industrial sewing machine ...

Clogard renews ties with Sri Lanka Dental Association for 17th consecutive year

 Clogard, the leading Sri Lankan toothpaste brand formulated with time-tested clove...

EAP’s receives ISO 9001:2008 certification achievement for cinemas

Sri Lanka’s leading cinema brand, EAP Films and Theatres Ltd was recently...

CA Sri Lanka strengthens global presence with Kuwaiti Chapter

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently inaugurated ...

Central Bank’s 30-year bond debacle: What is the loss?

?The Sri Lankan Central Bank’s issue of a 30-year bond on February 27, 2015 ran into immediate controversy. The main reason was that markets were expecting the bank to take up only around Rs.1 billion, but the bank accepted bids upwards of Rs.10 billion.

OPPO Smartphones Set Sail to Sri Lanka

Many would argue that the Sri Lankan mobile phone market – and even that of the world – revolves primarily around Samsung and Apple, with both brands tussling for the most discussion and greater ownership.

President opens Dialog’s new corporate HQ

?Sri Lanka’s premier telecom service provider, Dialog Axiata’s new Corporate Headquarters in Colombo 2, was declared open by President Maithripala Sirisena yesterday, amongst a distinguished gathering. 

Admo Solar assures secure investment with 100% power saving

?With rapid development of technology, Admo Solar too has risen to the challenge, adapting to the growing needs of people to reduce the cost of electricity. The solar power solutions offered by the company help save energy, the environment as well as money. 

Tokyo Super PPC accredited as greenest cement

?The Ceylon Institute of Builders has awarded Tokyo Super Portland Pozzolana Cement (PPC) with a “Green Mark”. The “Green Mark” is a Singaporean product label, accredited internationally by the Building Construction Authority (Singapore)...

Hirdaramani, Kahathuduwa receives LEED Platinum Green Building Certification

?Hirdaramani Industries (Pvt) Ltd, Kahathuduwa, a flagship facility of the  Hirdaramani Group was awarded LEED Platinum certification established by the U.S. Green Building Council and verified by the Green Building Certification Institute (GBCI). 

Nishantha awarded CTC Chairman’s Award

?Chairman’s Award, the highest honour at Ceylon Tobacco Company PLC (CTC) was awarded to Nishantha Perera, an Engineering Executive in Electronics.  

Maliban comes forth to educate school children

?Maliban Biscuit Manufactories, the pioneer biscuit manufacturer in the country, has embarked on yet another corporate social responsibility (CSR) initiative where the company is hosting factory visits for school children.