Who sets the rules of the game in Asia?

?It is now a commonplace to refer to the 21st century as the Asian Century. With the world economy struggling to recover from the global financial crisis, the Asia Pacific region and especially its developing countries have provided much of the impetus for global growth.

Employees’ Provident Fund needs urgent reform

?In 2014, the government attempted to increase the Employees’ Provident Fund (EPF) contribution for the employer from 12 percent to 14 percent. State officials, to defend the move, were quick to point out that in Singapore the employer contributes 16 percent to the Central Provident Fund (CPF).

Dialing back on mobile phone waste

?Sri Lanka’s mobile market leader, Dialog Axiata PLC, the pioneers in M-Waste collection, is reminding the public to conserve the environment by discarding their redundant mobile devices at the 145 Dialog M-Waste Collection Centres located islandwide. 

Kiddies & Toys introduces original Disney soft toys to Sri Lanka

?In keeping with a strong image associated with pioneering leading global toy brands to the country, Kiddies & Toys International (KTI) recently introduced original Disney soft toys to Sri Lanka, said KTI MD Nabhan Akeel.

Nippon Paint sets Gold standard for green coating

?Nippon Paint Lanka became the first and only Sri Lankan paint manufacturer to be awarded the prestigious ‘CIOB Green Mark’ award recently, an equivalent to a Gold standard, adding to the company’s string of accolades for its commitment towards a sustainable future powered by green practices.

Laugfs relaunches newly revamped Rajagiriya supermarket

Laugfs Supermarkets announced the relaunch of its newly revamped Rajagiriya outlet, further strengthening its retail chain network.

Dialog wins Glitz Biz Quiz 2015

?Dialog Axiata was crowned as the Mercantile Quiz Champions of Sri Lanka when they recently became the Champions of Glitz Biz Quiz 2015, Sri Lanka’s premier corporate quiz competition.

Digibrush duo to attend 62nd Cannes Int’l Festival of Creativity

?The Digibrush duo- Infas Nias and Sarah Ramu triumphed at the Young Lions Competition held among the local advertising industry, earning the privilege to represent Sri Lanka at the Young Lions Competitions in Cannes, France this year.

Elpitiya Plantations holds Annual Awards

The Annual Award Ceremony of the Elpitiya Plantations PLC for the year 2014-2015 was held at Hilton Colombo Residence recently. 

Furthering debate on economic reforms – A rejoinder

?The Pathfinder Foundation (PF) welcomes the well-written and carefully considered critique of its blueprint, ‘Charting the Way Forward: Prosperity for All’, by the Collective for Economic Democratisation that was published in Mirror Business last week. 

Greece in shock as banks shut after creditor talks break down

?AFP: Greeks woke up to shuttered banks, closed cash machines and a climate of rumours and conspiracy theories yesterday as a breakdown in talks between Athens and its creditors plunged the country deep into crisis.

AkzoNobel Paints listed as a Great Place to Work for 3rd time

?AkzoNobel Paints Lanka, marketers of the world renowned decorative paint brand ‘Dulux’, was ranked amongst Sri Lanka’s most preferred employers in the 2015 ‘Great Places to Work’ report published this June. 

LIC Lanka celebrates Annual Awards Night 2014

?Life Insurance Corporation Ltd (LIC Lanka) celebrated its Annual Awards Night for the business achievements of the year 2014 in a colourful glittering ceremony at the beautiful Hotel Taj Bentota recently.

Changing face of reward – A global perspective

?Changing Face of Reward – A Global Perspective was an interesting topic delivered and discussed by The Saudi Investment Bank Senior Human Resources Specialist Chandrasiri Hewapattini, at the Technical Sessions of the recently concluded National HR Conference 2015 organised by IPM Sri Lanka.

Audit Committee Forum holds discussions with CSE and SEC

?To even better understand the key regulatory requirements and Audit Committee (AC) priorities, the Audit Committee Forum organised its fifth evening presentation and panel discussion recently, at the Institute of Chartered Accountants of Sri Lanka. 

Fairway Holdings launches aviation academy

Amphibian aircraft and helicopter pilot training will be available in the near future in Sri Lanka with the launch of Fairway Holdings (Pvt.) Ltd’s Fairway Aviation Academy, which represents a recent trend in increasing investments into the local aviation sector.

Sri Lanka’s foreign policy seriously misguided: Dayan

Sri Lanka should ally itself with the East instead of the West due to the country’s geopolitical and economic attributes, according to Dr. Dayan Jayatilleka, a leading political analyst in the country.

CB keeps June rates steady

?As widely expected, the Central Bank yesterday kept the policy rates steady for the second consecutive month after it made a surprise 50 basis cut in April 2015 amid credit to private sector picking up in the low inflation economy. 

Call for long-term fix for tea industry

A tea industry stakeholder called on the government to implement a sensible,...

Adam Carbons reignites Bieco Link Kilns in Giriulla

Bieco Link’s activated carbon factory, renamed Adam Carbons (Pvt) Ltd. after Adam Investments PLC bought...

Altair luxury condominium promoted in the Maldives

Altair, Sri Lanka’s spectacular ‘A’ shaped high rise luxury condominium development...

Rainco recognizes top dealers at ‘Agayamu Dealer Awards’

Rainco, the market leader in umbrella production recently held an awards ceremony...

Alpha unveils home furniture promo for wedding season

Alpha Industries, one of the leading furniture manufacturers in Sri Lanka,...

Rocell opens new Concept Centre in Kadawatha

Rocell opened its latest Concept Centre in Kadawatha on June 25th.

Keells Sausages introduces party pack

Party of any kind small or big or short or long or instant or planned are never dull...

The Steuart by Citrus opens for business

‘The Steuart by Citrus’, the luxurious business boutique hotel at the heart of Colombo’s commercia...

Internal fraud costs NTB Rs.365 million

Fraudulent acts in a couple of Nations Trust Bank PLC (NTB) branches have cost the bank...

Browns Investments takes full control of Ajax Engineers

The diversified conglomerate, Browns Investments PLC last week acquired the balance...

CB seen keeping rates steady

Sri Lanka’s Central Bank is expected to keep its key policy interest rates unchanged...

Lanka Rating Agency fate hangs in balance

The licence of Lanka Rating Agency (LRA) is scheduled to expire tomorrow,...