UGC Chairman to address Colombo Uni Alumni Association AGM

?The 33rd Annual General Meeting of the Alumni Association of the University of Colombo for the year 2014/2015 will be held on June 25th at the Auditorium of the Faculty of Graduate Studies within the College House premises, University of Colombo at 5:30 pm. 

National Chamber announces National Business Excellence Awards for 12th year

The National Chamber of Commerce recently announced the launch of “National Business Excellence Awards (NBEA)” for the 12th consecutive year.  The event was held with the presence of  several distinguished guests.

State-run utilities agencies need reform to be competitive: Harsha

State-run utilities agencies and enterprises could be facing segmentation and privatization under a UNP-led national government, according to Policy Planning and Economic Affairs Deputy Minister.

Power of team building

Human energy is more powerful than any other energy sources in the world. Business success is the result of collective effort, but not individual effort. 

Delmege Forsyth Sales Conference ends on high note

?The annual Sales Conference of Delmege Forsyth & Co Ltd marked a splendid success at the Pegasus Reef Hotel, Wattala recently. 

Rupee steady on state bank dlr sales

REUTERS: The Sri Lankan rupee closed steady yesterday as a state-run bank sold dollars at 133.80, while hopes the currency would appreciate in the short term faded with the Central Bank defending the currency via moral suasion, dealers said.

Multilac & Macktiles donate Dialysis Machine to Panadura Base Hospital

?As part of yet another Corporate Social Responsibility (CSR) initiative, Multilac & Macktiles donated a Dialysis machine to the Panadura Base Hospital recently. 

Bill Gate’s transactional leadership style

?Leadership is a process by which a person influences others to accomplish an objective and directs the organization in a way that makes it more cohesive and coherent. 

Laugfs to propel maritime sector

Laugfs Holdings PLC is planning to expand its thrust in the maritime sector with the purchasing of a US $ 6.9 million ship. “Amidst challenges, we made a bold move to purchase our first vessel, a gas carrier which we named as Gas Challenger for obvious reasons. 

CIC Holdings records turnaround performance in 2014/2015

?CIC Holdings PLC recorded an impressive performance for the financial year ending March 31, 2015. Group profit after tax (PAT) was recorded at Rs.1040.84 million, a strong improvement over last year’s loss of Rs.1,126.84 million. 

More British firms eying Sri Lanka

An increasing number of British companies are looking to operate in Sri Lanka following the change of regime, according the new British envoy in Colombo. 

Hot Wheels offers branded mountain bikes in latest promo

?Hot Wheels has always been known as a much loved brand by children and collectors  alike. Its unique, customized design has enthralled over 41 million children all over the world for over forty years. 

idac launches next generation R32 Daikin Inverter Air-conditioner

?idac (Pvt) Ltd. together with Daikin Japan, the world’s No 1 Air-conditioning Company is proud to introduce this product to the Sri Lankan market.  This new generation Inverter and Non-Inverter air conditioners are offered at an affordable,...

Protecting women: Greatest contributor to our nation’s economy

“We must tell girls their voices are important.” Malala Yousafzai. Women are among the highest contributors to our economy. To the Sri Lankan economy, women contribute from US$ 6 billion worth of foreign remittance.

Maliban’s Annual Sales and Marketing Award Ceremony

?Maliban’s Annual Sales and Marketing Award Ceremony was held at the Mt. Lavinia Hotel in March. The event took place under the patronage of incumbent Chairman of Maliban A.G. Rathnapala. 

Does restructuring property rights hold key to natural resource management in Sri Lanka?

?World Environment Day 2015 was marked on June 5th, under the theme “Seven Billion Dreams. One Planet, Consume with Care.

Seylan frees credit card holders for first time in Sri Lanka

?Seylan Bank PLC unveiled yet another groundbreaking product - Freedom credit card partnering with MasterCard at a recent press briefing to fulfil the needs of its every potential credit card holder.

KWA Architects recognized at Asia Pacific Property Awards

?KWA Architects won two awards at this year’s Asia Pacific Property Awards held in Kuala Lumpur. The five star award for “Best Hotel Architecture Sri Lanka” was awarded to their Reefs Edge Hotel project

Emirates adds 19 new French cities, signs codeshare with SNCF’s TGV Air

?Emirates, a global connector of people and places has announced a new codeshare partnership which will allow Emirates passengers from around the world to travel to 19 new destinations in France. 

Harpo’s Hotel School and Berendina present certificates to 3rd Batch students

Harpo’s Hotel School, Galle branch has continuously promoted the F&B service and culinary arts courses to  students through the gracious support of Berendina NGO. 

Lankan energy sector team to study ‘renewable energy’ in Bavaria

A 13-member Sri Lankan energy sector team, which comprises of industry executives and academics, will visit Bavaria, Germany during mid-June in order to take part in a training programme on ‘renewable energy’.

Highways Ministry launches rural road rehabilitation project

?The Highways and Investment Promotion Ministry, under the patronage of Minister Kabir Hashim, launched an islandwide rehabilitation project of the rural road network. 

Kingsbury Hotel records Rs.300 mn PBT for 2014/15

?The Kingsbury PLC, the luxury five star city hotel in Colombo recorded an impressive financial performance for the FY 2014/15, within its second year of operation post -refurbishment. 

Korea-Sri Lanka 2014 Knowledge Sharing Programme concludes

?The 2014 Knowledge Sharing Programme (KSP) with Sri Lanka of the Korean government came to an end through two events held in Colombo last week.

Harsha says next budget will have marked difference

The upcoming budget under the national government would have a marked difference to the previous budgets, according to Dr. Harsha de Silva, who described himself as the “point man of the Sri Lankan economy”.

Rating bungle!

?The fate of the pending debt issues already rated by Lanka Rating Agency (LRA) hangs in balance with the Securities and Exchange Commission (SEC) halting EAP Broadcasting Company Ltd’s (EBC) Rs.3 billion debenture issue on Tuesday.

European Union presents EUR 60mn cooperation programme

Marking the Environment Day, the European Union (EU) took yet another development initiative by launching ‘European Union Support to District Development Programme’

Shares end at 8-week low on political uncertainty

REUTERS: Sri Lanka’s stock index fell for a third straight session yesterday to close at its lowest level in eight weeks, with turnover slumping to a near three-month low as concerns over political uncertainty dented demand for risky assets.

Melsta Regal reinvents boundaries of financial service sector

?Using its unique positioning as a finance organisation, offering both banking and other finance services, Melsta Regal Finance has proved its success in comprehensive and lasting solutions to its customers’ working capital cycle. 

Etisalat ‘Poson Sadhaham Vandana’

In commemoration of the Poson season Etisalat Lanka offered free train shuttle service between Anuradhapura and Mihintale, under their Corporate Social Responsibly initiative. Titled “Poson Sadhaham Vandana” the free train shuttle service was available from the 1st to 3rd June, 2015 for all Sri Lankans.