Health-conscious Lankan to demand less fizzy drinks

?Increasing disposable income is less likely to translate into higher demand for carbonated soft drinks as the Sri Lankans are becoming more health conscious, according to a top official from the country’s oldest carbonated soft drinks manufacturer. 

Greek referendum

?A young girl holds a ballot during the Greek referendum in Athens. Greek voters headed to the polls yesterday to vote in a historic, tightly fought referendum on whether to accept worsening austerity in exchange for more bailout funds, in a gamble that could see it crash out of the euro   

Colombo City Centre to come up in Colombo 2

?Colombo City Centre, a 47-storey 1,000,000 square feet mixed lifestyle centre, combines a 210,000 square feet retail mall, a 196-roomed NEXT Hotel and 178 residential apartments on Sir James Pieris Mawatha, Colombo 2.

Prime Lands’ Sandamini adjudged Best Women Entrepreneur – Large

?The prestigious Women in Management Organisation named Prime Lands Group Deputy Chairperson Sandamini Perera as the ‘Best Women Entrepreneur – Large’, at the ‘Women for Governance’ Professional and Career Women Awards 2014/2015 held recently at The Kingsbury Hotel – Colombo.

CA Sri Lanka launches e-learning certificate course on SLFRS

?The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently unveiled an online certificate course on the Sri Lanka Financial Reporting Standards (SLFRS)

LBR LBO Summit 2015 next week

?Launched in the year 2000, Lanka Business Online, popularly known as LBO, is Sri Lanka’s and perhaps the region’s first web-based news service. LBO focuses on economy, industry, commerce and policy. 

MTI strengthens Sri Lanka board with int’l appointees

?MTI Consulting Sri Lanka, with a view on related business diversifications, has strengthened its board of directors with four new international appointments in the capacity of non-executive directors.

SLIM Brand Excellence 2015 kicks off for 14th year

?Themed ‘Will you race ahead of the rest?” the 14th SLIM Brand Excellence invites brands to take up the challenge of racing ahead of the rest and fight head-on in the business world to be the “Champion”. 

DHL among ‘Top 20 ‘Best Companies to Work For’ in Sri Lanka

?DHL Express, the world’s leading international express services provider, has been named one of the 2015 Top 20 ‘Best Companies to Work For’ in Sri Lanka, announced recently by the Great Place To Work Institute. 

Huawei launches P8 in Sri Lanka

A fusion of the best of fashion and technology, Huawei together with Singer Sri Lanka launched its latest flagship, Huawei P8 recently at an experiential event in Colombo. 

CLA and People Business explore HR role in driving corporate performance in Sri Lanka

?The conclusion of the workshop “Linking HR Strategy with Business Strategy” conducted by the Colombo Leadership Academy brings to an end a two-day master class on the inner workings of Human Resources best practices to create people centric businesses. 

SLT “Hosting” services to boost local web-based content development

?Sri Lanka Telecom (SLT), the nation’s telecommunication giant announced its enhanced ‘Hosting’ services on SLT internet data centre to small & medium businesses and individuals in the country by introducing three new attractive and affordable hosting plans. 

Sasha Dayal shares vision for ‘The Steuart by Citrus’

?Sasha Dayal, the recently appointed General Manager of The Steuart by Citrus, Colombo’s latest boutique business hotel, announced exciting plans for the hotel, drawing from his international exposure and experience in the hospitality industry.

Sanje introduces high-speed robotic book scanner

?Sanje (Pvt) Ltd is one of the largest and pioneering enterprise document management solutions and service provider in South East Asia head quartered in Colombo...

Microsoft announces local availability of Lumia 540 Dual SIM

?Microsoft Corp. has announced the local availability of Lumia 540 Dual SIM in Sri Lanka, designed for young, ambitious people looking for their first serious smartphone. 

Eran challenges business community to show leadership accountability

?MP Eran Wickremaratne, who was the chief guest at the Annual Meeting of the membership of the Sri Lanka Institute of Directors (SLID), lauded the institute for its yeoman service over the last 15 years in creating...

Mobitel and Microsoft launch new range of Lumia smartphones

The National Mobile Service Provider Mobitel has partnered with Microsoft yet again for the launch of a range of sophisticated Microsoft Lumia smartphones. 

Infotel Exhibition and APICTA Awards to be held in November

?The ceremonial official launch of the Infotel–2015 ICT Exhibition, organized by the Federation of Information and Technology Industry Sri Lanka (FITIS), was held at the Galadari Hotel in Colombo recently. 

Tea crisis: A response to Planters’ Association

?Every citizen of this country should realize there are many watchdogs watching the performance of the Regional Plantation Companies (RPCs). Most of these RPCs are quoted in the Colombo Stock Exchange and registered under the amended Company’s Act of 2007.

National aviation policy in the making

A national policy on aviation is being formulated with the help of the industry stakeholders, according to Civil Aviation Authority (CAA) Chairman Shibly Aziz who was speaking at the Annual General Meeting of the Sri Lanka Association of Airline Representatives recently.

HNB Assurance partners with Prime Grameen to introduce new product

?HNB Assurance recently partnered with Prime Grameen by introducing a competitive life insurance scheme to cover the Prime Grameen loan clientele.

Big Ideas for Small Business Managers : Explore virgin territories to discover opportunities hidden

?We are now moving into section two -- marketing opportunities/targets of opportunity of the tactical plan (year - one) of the major business plan. To begin, let us define what is meant by market opportunity. 

June tourist arrivals up 12%

?Sri Lanka’s tourist arrivals in the month of June rose 11.9 percent year-on-year (yoy) to 115, 467, the data released by the Sri Lanka Tourism Development Authority showed.

Carmudi.lk partners with Central Finance

?Sri Lanka’s online car classifieds website Carmudi.lk joins Central Finance Company PLC,  enabling their customers to enjoy a discount of up to Rs. 25,000 when leasing a vehicle advertised on Carmudi.lk. 

IBSL to host Asian Insurance Regulators Meeting on July 27 & 28

?The Insurance Board of Sri Lanka (IBSL) will be hosting the 10th annual conference of the Asian Forum of Insurance Regulators (AFIR), on 27th & 28th July at the Kingsbury Hotel, Colombo.

LB Finance records 63% PAT growth in 2014/2015

?LB Finance PLC recorded a profit after tax of Rs. 2.1 billion compared to the Rs. 1.3 billion recorded in 2013/14, a substantial growth of 63 percent. 

Jeevan William appointed to the Capital Alliance Board

Capital Alliance, Sri Lanka’s leading full service investment bank, recently appointed Mr. Jeevan William to its Board. Since its establishment in the year 2000, Capital Alliance has become a key player in the financial markets of Sri Lanka, with a strong reputation and the ability to persistently meet client expectations by ensuring quality research, ethical dealing, confidentiality and innovation. William joins with notable experience and

The Fairway Holdings Launches Aviation Academy

Aviation is today one of the most rapidly proliferating fields characterized by high - tech advancements and savvy innovations. Fuelled by the global explosion of travel for business and tourism purposes, and transportation of goods among many other reasons, this blossoming industry offers lucrative job opportunities for those aspiring to become professional pilots. 

Union Bank extends its new look to Panadura

Union Bank of Colombo PLC recently extended its new look and design to its Panadura branch. The new branch layout features spacious banking facilities and provides the highest levels of customer centricity and greater banking convenience. The remodelled Panadura branch was ceremoniously opened by Mr.Suhen Vanigasooriya – Chief Risk Officer of Union Bank of Colombo PLC, in the presence of a large gathering of distinguished guests and members

Giti Tire Conducts Tire Check Education Campaign in Sri Lanka

Colombo, Sri Lanka–On the 19thand 20thof June, 2015, Giti Tire as the manufacturer of GT Radial, conducted a “Tire Check Campaign” to educate public on proper tire care and maintenance.