Pan Asia Bank hosts inter-branch/department quiz followed by Avurudu celebrations

?Pan Asia Bank held its inter-branch/department quiz competition recently with an overwhelming participation of more than 93 teams representing various branches and departments at the Golden Rose Hotel Boralesgamuwa. 

Big ideas for small business managers Developing your business isn’t rocket science if you are comm

Some small business owners are content to maintain a small operation they can run themselves in return for a decent, but limited, income. Others, however, are driven by the challenge of growing their business into a high-profit venture with a larger market share.

Asiri Laboratories outshines rest with top accreditation

?Asiri Laboratory, market leader in diagnostics, recently received the highly esteemed 15189-2012 international accreditation, confirming its recognition of competence and effectiveness in modernization and development of pathology...

Trading on credit: Is it the trading edge you’ve been looking for?

?It is said that wealth is not about having a lot of money but having a lot of options. In today’s financial world, we are faced with a myriad of options. But what is the most optimal option?

Etihad guest members donate over 30 mn miles to Nepal earthquake victims

Members of Etihad Airways’ award-winning loyalty program, Etihad Guest, have donated over 30 million Etihad Guest Miles to provide humanitarian aid to victims of the earthquake disaster in Nepal.

ComBank launches ‘Sipnena’ e-learning on Microsoft Cloud

?A new educational website that will bring the universe of knowledge closer to Sri Lankan children has been launched by the Commercial Bank of Ceylon...

Browns conducts knowledge-sharing programme for Puttalam farmers

?Brown & Company PLC’s Veterinary Pharmaceuticals division recently conducted the second, in a series of monthly educational programmes for farmers island wide. 

ComBank supports disaster relief work in Nepal

?The Commercial Bank of Ceylon has contributed towards an initiative of the Ceylon Chamber of Commerce to raise funds for disaster relief work in Nepal by the Asia Pacific Alliance for Disaster Management (APADM), a regional grouping of which the Chamber is a member. 

ESOFT-Sirasa ‘E-Thilina’ donates fifth computer lab

?The fifth successive computer laboratory with internet and other modern facilities was donated to Uduhawara Vidyalaya at Uduhawara, Welimada under the continuing ESOFT-Sirasa ‘E-Thilina’ community service initiative recently. 

National gas policy critical to market exploration blocks: PRDS

A national gas policy would be required to effectively market Sri Lanka’s offshore hydrocarbon fields to potential players, according to a top official of Sri Lanka’s state-controlled oil exploration agency.

February trade balance widens 10%

Sri Lanka’s February trade balance widened 10.4 percent year-on-year (you)  to US $ 638 million, while the overall Balance of Payment (BoP) position recording a deficit of US $ 692.1 million in the first two months of 2015..

Sri Lanka jumps 11 positions in Networked Readiness Index

The recently released 2015 edition of the Global Information Technology Report of the World Economic Forum has placed Sri Lanka at 65th position in networked readiness among 143 economies surveyed. 

Bradby Fiesta to heat up Colombo on 23 May

Colombo 7 May, 2015. The vibrant ‘Bradby Fiesta 2015’ hosted by the Royal College Union will get underway on Saturday, 23 May 2015 at the Bloomfield Grounds and Race Course Grounds from 11.00a.m until 12.00midnight. HSBC will be the main sponsor and official credit card partner to the event. 

Janashakthi group ups CDB Finance stake over 10%

?Janashakthi group companies have increased their collective stake in CDB Finance PLC in excess of 10 percent.

Carson’s oil palm firms to avoid minimum public float by delisting

?The publicly trading plantation companies of the Carson group will be delisted from the Colombo Stock Exchange (CSE) due to the group’s unwillingness to adhere to the minimum public float listing rules of the market regulator.

Singer parent offers to sell subsidiary stakes to Singer Sri Lanka

?The parent company of listed Singer companies in the Colombo bourse has offered to sell its controlling interests in two subsidiaries to a third subsidiary. 

April tourist arrivals up 8.5%

Tourist arrivals to Sri Lanka during the month of April rose 8.5 percent year-on-year (yoy) to 122, 217, with more Chinese and Indian tourists visiting the country, data released by Sri Lanka’s tourism office showed. 

Lankan corporate leaders, entrepreneurs to present at 15th CIM Annual Conference

Accomplished and respected Business leaders and entrepreneurs will be participating in a panel discussion with Al and Laura Ries at the 15th CIM Annual Conference held on May 11 and 12, at the BMICH. 

Microimage HCM Asia highlights tech challenges HR leaders face

?Microimage HCM Asia, a joint venture partner of OMESTI Group, flagged up the many technology challenges faced by HR leaders in today’s market at the recent inaugural MIHRM Technology Congress in Kuala Lumpur.

CCC releases statistical analysis on vehicle imports into Sri Lanka

?The Economic Intelligence Unit of the Ceylon Chamber of Commerce (CCC) has compiled a ‘Statistical Analysis’ on vehicle imports into Sri Lanka during the period of 2006 to 2014.

Qatar Airways showcases latest First, Business Class cabin offerings at Dubai ATM

?Qatar Airways showcased the airline’s latest First and Business Class offerings at the region’s largest travel trade event Arabian Travel Market (ATM) that took place at the Dubai Convention and Exhibition Centre from May 4 to 7.

Dialog introduces 3rd party motor insurance with Ceylinco

?Sri Lanka’s premier telecommunication service provider, Dialog Axiata PLC, is adding further value to its innovative mobile insurance offering with the introduction of third party motor insurance together with Ceylinco Insurance PLC.

CIMA completes Pakistan strategy review with MTI

?CIMA, the world’s largest professional body of management accountants, in consultation with MTI Consulting has completed a multi-stakeholder study to fine-tune its Pakistan market strategy.

Emirates airline 2014 net profit up 40% on lower oil price

?REUTERS: Emirates, Dubai’s flagship airline, reported a 40 percent jump in annual net profit yesterday, aided by savings from lower oil prices. The airline, one of the world’s largest carriers of international passengers...

Peruvian Stock Exchange goes live with MillenniumIT trading technology

?MillenniumIT, the provider of ultra-low latency, flexible and scalable capital markets solutions, and part of London Stock Exchange Group, today announced that Bolsa de Valores de Lima (BVL), the Peruvian stock exchange, has gone live with the MillenniumIT technology solution. 

ONYX Hospitality unveils second OZO property in Kandy

?ONYX Hospitality Group has unveiled its second OZO property in the popular leisure destination of Kandy. OZO Kandy is located just minutes from the town centre and offers uninterrupted vistas of Kandy Lake and the surrounding hills, including Knuckle Mountain. 

ICTA project wins National Productivity Award

President Maitripala Sirisena recently presented the ‘National Productivity Award’ to Dompe e-hospital, for using ICT to improve productivity and quality of health services at hospitals in Sri Lanka. 

Five Sri Lankan students leave for Intel ISEF

?Minister of Education, Akila Viraj Kariyawasam met with the winners of the Sri Lanka Science and Engineering Fair (SLSEF) 2015, who will shortly be traveling to the United States to participate in the annual Intel International Science and Engineering Fair. 

Lessons from untimely death of Silicon Valley pioneer Dave Goldberg

?Dave Goldberg, a Silicon Valley pioneer and the husband of Sheryl Sandberg, the COO of Facebook and an icon for working women since publishing her bestseller book ‘Lean-in’, died tragically in a treadmill accident last week.

IFS Applications 9 launched at IFS World Conference 2015

IFS, the global enterprise applications company, has launched IFS Applications 9, the new core version of its extended enterprise applications suite.  IFS Applications 9 delivers customers true business agility by bringing them closer to their business and...