Hutch joins Mobitel mCash platform

?Hutchison Telecommunications (Hutch) joins the mCash mobile money platform, empowering customers to make their bill payments to Hutch and reload through their own mCash Wallets or through any mCash retailer Island wide.

Calamander Unawatuna Beach becomes SL’s first CarbonNeutral beach resort

?Unawatuna’s best known destination resort, Calamander Unawatuna Beach, took a bold green step by emphasizing its strong commitment towards reducing the hotel’s environmental impact towards becoming a responsible...

Nestlé Lanka celebrates Avurudu

Nestlé Lanka PLC celebrated the Sinhala Tamil New Year Festival recently at the head office premises.  Here Managing Director Shivani Hegde engaging in the traditional ?Ganu Denu? Avurudu custom with Deepal  Abeywickrama....

Why businesses should develop robust gamification strategy

The average millennial spends 10,000 hours gaming by 21 years of age. So, game-like processes and applications are of great attraction to the present generation.

CEI Asia promotes Sri Lanka MICE

?The prestigious Meetings, Incentives, Conferencing, Exhibitions (MICE) magazine CEI - Asia has published a story stating that Sri Lanka is the most emerging sought-after destination for MICE activities. 

Amãna Takaful Life rewards ‘Who Wants to be a Millionaire’ achievers

Amãna Takaful Life (ATL Life) recently rewarded achievers of ‘Who Wants to be a Millionaire’ - an achievement based reward scheme for employees who excel and perform beyond targets. As part of the programme, seven levels of new business in the ‘Prosper’ segment have been outlined and a variety of rewards were set for each level. The special programme was launched in 2014 and is running for the second consecutive yea

TBWA\Sri Lanka, creates history at GoaFest 2015

Delivering yet again, TBWA\Sri Lanka created history in the Sri Lankan advertising industry when their work was recognized with 3 Golds, 1 Silver, 1 Bronze and 12 finalists, across 5 campaigns at the recently concluded Abby Awards in Goa.

Fitch’s rating affirmation will boost confidence: Harsha

Fitch’s affirmation of ‘BB-‘ rating on Sri Lanka will result in more foreign investments, and will allow the country to raise funds externally at reasonable rates, according to Economic Affairs and Policy Planning Deputy Minister Dr. Harsha de Silva.

Union Bank 1Q net up 71% over loan growth and better margins

Union Bank of Colombo PLC (UB) Group posted a net profit of Rs. 31.8 million for the quarter ended March 31, 2015, up 71 percent over the corresponding period last year...

Governor Mahendran resumes duty after bond probe report

?REUTERS: Sri Lanka’s Central Bank Governor Arjuna Mahendran has resumed his duties after a more than five-week voluntary leave of absence after being cleared by a panel investigating a controversial government bond auction.

Shares end steady awaiting President’s speech

REUTERS: Sri Lankan shares ended steady in thin trade yesterday, hovering around their highest in more than six weeks hit in the previous session with investors offloading telecom and diversified shares...

DFCC to raise Rs.5bn through debentures

?DFCC Vardhana Bank PLC plans to raise Rs.5 billion issuing Basel II-compliant senior debentures of up to Rs.3 billion and Basel II-compliant subordinated debentures up to Rs.2 billion.

Chevron Lanka 1Q15 net profit down

?Chevron Lubricants Lanka PLC, the local unit of US-based multi national saw its net profit for the quarter ended March 31, 2015 (1Q15) falling Rs.210 million amid subdued top line growth, the interim financial accounts released to the Colombo Stock Exchange showed.

CSR no image building tool: Prof. Visser

A global authority on Corporate Social Responsibility (CSR) recently articulated that businesses should not be using such practices for image building and winning awards.

Fitch withdraws rating on DSI Holdings

?Fitch Ratings has withdrawn DSI Holdings Limited’s national long-term rating of ‘BBB(lka)’ with a stable outlook. The withdrawal follows the amalgamation of DSI Holdings Limited with its ultimate parent, DSI Samson Group (Private) Limited. 

Could enterprise resource planning save your bacon?

?A few retail scandals capture the public’s attention faster than a high-profile product recall. Even more so when it comes to products we put in our mouths. 

Mobitel launches Polonnaruwa main bus stand Wi-Fi zone

?National mobile service provider Mobitel open the Wi-Fi zone of the Kaduruwela-Colombo main bus stand in Polonnaruwa recently, which is another initiative in line with the ongoing government programme of providing free Wi-Fi to key public locations in the country. 

findmyfare.com story tells how a company’s revolution starts with its culture

?Sri Lanka’s largest online travel company, findmyfare.com is revolutionizing the workplace with an innovative approach to people and management. 

Leapset Guest Manager: Next generation waitlist and reservation management for restaurants

?Leapset Guest Manager, the latest addition to its ever evolving platform of tech solutions, tackles one of the most serious problems facing restaurants - wait-list management. 

Are you ready emotionally for retirement?

?Retirement is a big word whichever way you look at it. Almost all of us know in the back of our minds that someday, it will creep up upon us; somewhere beyond the yonder, there is the day when we say good bye to what we have...

HIDA Japan successfully concludes ‘Programme on Corporate Management for Sri Lanka’

?Seventeen Sri Lankan senior managers participated in this year’s ‘Programme on Corporate Management for Sri Lanka’ (LKCM) conducted by the Overseas Human Resources and Industry Development Association (HIDA) Japan, recently in Osaka, Japan.

LankaPay processes over 1mn ATM transactions this Avurudu

?Sri Lanka’s largest common ATM network – LankaPay –recorded a mammoth three-fold growth in ATM transaction volumes and four-fold growth in values within the first 15 days of the April Avurudu season. 

Sri Lanka March tea exports dip

?Total quantity of tea exported for the month of March 2015 including re-exports with imported tea amounted to 25.18 mn/kg, showing a considerable decline of 5.77 mn/kg (-18.65 percent) compared to the same period last year. 

Fly to Singapore and Kunming, China with findmyfare.com for just 1 Rupee

Sri Lanka’s largest online travel company, findmyfare.com recently launched an unbeatable deal for Seylan Bank credit cardholders who want to visit Singapore and Kunming, China. findmyfare.com, in partnership with Seylan Bank, is now offering 100 seats on SriLankan Airlines to both destinations for just one rupee (plus airline taxes of. Rs. 17,271 and Rs. 15,898/- respectively). 

Sri Lanka to experience the magic of Disney Junior

?Disney Junior, the globally acclaimed entertainment destination, designed especially for the youngest members of the family, their parents and caregivers, is now available to viewers in Sri Lanka on Dialog Television, the country’s largest pay-tv platform. 

Peter Hill to leave SriLankan for Fiji Airways

Former SriLankan Airlines CEO Peter Hill, who rejoined the national carrier in an advisory capacity this February, will be leaving his position to head Fiji Airways.

Cruise ship arrivals to Sri Lanka doubles

Cruise ship arrivals to Sri Lanka in the 2014/15 season have almost doubled since the 2013/14 season, which has led to a Rs.5 billion budget on promotions, according to the Sri Lanka Tourism Promotion Bureau (SLTPB).

Govt drafts laws to regulate microfinance lending

The government is currently drafting a microfinance bill to accommodate a four-layer regulator with the Central Bank (CB) as the national level regulator to regulate microfinance lending. 

Bajaj Auto plans to export quadricycle to Sri Lanka

Three-wheeler giant Bajaj Auto will be exporting its ‘quadricycle’ vehicle to its traditional export destinations in Sri Lanka, Egypt and Nigeria, according to The Economic Times.

Tolstoy & Billionaires: Overheard at the IMF’s Spring Meetings

All happy countries are alike; each unhappy country is unhappy in its own way. This twist on Tolstoy’s Anna Karenina echoed through the seminars....