Brent crude hits 2015 highs as U.S. production slows

?REUTERS: Brent crude oil hit 2015 highs above US $63 per barrel yesterday after a rally of more than 5 percent the previous session, and analysts said more price rises were likely despite market oversupply.

Lankan economy to post moderate growth in 2015, 2016

Sri Lanka’s economic growth for this year and next year appears to moderate considerably compared to previous projections, according to forecasts released by leading multilateral agencies this week.

Qatar Airways named World’s Most Dependable Airline

?Qatar Airways has been named the ‘World’s Most Dependable Airline’ in a comprehensive study of all major carriers, published by CBS MoneyWatch and conducted by recognised travel site, WanderBat.

A New Year bonanza from Photo Technica

?Photo Technica is offering the traditional Sinhala and Tamil New Year bonanza to its loyal customers during this season of good cheer. 

JLanka to introduce first Sri-Lanka made ‘IoT’ product

?In today’s fast changing world that is mainly driven by technology, the Internet of Things (IoT) is the network of physical objects or ‘things’ embedded with electronics, software, sensors and connectivity to...

TBWA\Sri Lanka CCO selected as a New York Festival judge

?New York Festivals has been honouring the World’s Best Work in all media since 1957. The world-class judges review submissions in the most current and relevant categories to award creativity across all media. 

Leo Burnett’s Murtaza first Lankan to serve on AMES Awards jury

?Renowned advertising strategist, Leo Burnett Solutions Inc. (LBSI) Head of Brand Planning Murtaza A. Tajbhoy, has been selected to serve on the respected jury of the Asian Marketing Effectiveness & Strategy (AMES) Awards, which will take place this June in Singapore. 

John Keells takes Soft Skills workshops to Colombo campus

?Another successful edition of ‘The Final Step’ soft skills workshops for University undergraduates was conducted by John Keells Foundation at the University of Colombo from 7th – 9th April. 

NDB donates computers to rural schools

?NDB initiated a CSR programme to donate computers to four deserving schools in remote hamlets in a bid to elevate the level of technical education of the students. 

Fashion Bug donates essentials to under-privileged students

?Fashion Bug made yet another initiative in its series of continuous CSR activities with recently having donated clothing for students of Bodhiraja School, Moratuwa.

‘Around the Pearl’ journey ends on Day Eight

?During Day Three of ‘Around the Pearl’ ride, cyclists left Kataragama and cycled along the southern coast to Arugam Bay. This stretch was definitely one of the most picturesque parts of our ride to-date. 

Janashakthi supports road safety messaging project

?Janashakthi Insurance recently proved its commitment to pedestrians and motorists safety, supporting a special road safety messaging project, which was officially launched on April 8 in Pannipitiya. 

ComBank helps empower North West sea weed cultivators

?The Commercial Bank of Ceylon recently extended its support to sea weed cultivators in the North West of Sri Lanka, as part of the Bank’s ongoing initiative to empower small and medium enterprises (SMEs)....

CIMA and ILO sign MOU on SCORE training programme

?CIMA Sri Lanka launched a comprehensive partnership agreement with the International Labour Organization (ILO) and Employers’ Federation of Ceylon (EFC) recently.

Critical recipe for economic prosperity

Business savvy Prime Minister Ranil Wickremasinge speaking at the American Chamber on Wednesday observed that the quality of a nation’s manpower resources is one of the most important factor determining national competitiveness. 

SLIM partners with NTB to develop sales force

?Sri Lanka Institute of Marketing (SLIM), the national body for Marketing in Sri Lanka signed a MoU with Nations Trust Bank with a view to training sales staff of Nations Trust Bank and qualifying them with the SLIM Diploma in Professional Selling (DPS). 

SLIM to expand education arm with more accredited centres

?Sri Lanka Institute of Marketing (SLIM) has initiated a major expansion of its education arm with plans to establish several new accredited study centres around the country this year. 

Gaining market legitimacy for young firm: Role of ‘entrepreneurial marketing’ strategies

?In the early 1950s Honda Motor Corporation was still a small Japanese company struggling to rise through the ashes of the Second World War. Headed by Soichiro Honda, a highly-driven young entrepreneur, the company had gained a reputation for making good quality motor cycles.

Redefining parliamentary sovereignty

?The Central Bank at its latest review meeting held this week has expressed its opinion stating that the current behaviour of the bank interest rates to be inconsistent with the prevailing inflation and other macro monitory fundamentals.

Mattala Airport’s complete liberalization: What does it mean?

?The government has announced the complete liberalization of Mattala Rajapaksa International Airport (MRIA) in a desperate attempt to make something of the inherited white elephant. The investment is sunk.

ASPI returns to 7000

?The price gains in counters such as Dialog Axiata, Ceylon Tobacco Company and Ceylon Beverage Holdings resulted in indices closing in green whilst turnover crossed Rs 1.1 Bn. High net worth...

In holiday mood

?Tourists wait at Colombo Fort Railway station to catch a train to the upcountry. Sri Lanka Railways said they have deployed additional trains to carry people back and forth between Colombo and other key cities in the country

New York Festival announces TBWA\Sri Lanka’s CCO Subhash Pinnapola as a Judge.

New York Festivals® has been honoring the World's Best Work™ in all media since 1957. The world-class judges review submissions in the most current and relevant categories to award creativity across all media. With entries and jury members from over 70 countries, it is the most diverse advertising awards competition in the world.

Sagarica Delgoda heads new board of Hilton Hotel owning company

?The Finance Minister Ravi Karunanayake has appointed a brand new director board for Hotel Developers (Lanka) PLC, the owning company of Hilton Hotel that falls under the Finance Ministry purview.

Moody’s upgrades India rating outlook to positive

?REUTERS: Moody’s ratings revised India’s sovereign rating outlook to “positive” from “stable” yesterday as it expects the actions by policymakers will enhance the country’s economic strength in the medium term.

Shares ease in low-volume trade

?Reuters - Sri Lankan shares fell to a more-than-one-week low yesterday led by illiquid shares such as Ceylon Tobacco Company Plc and Commercial Leasing & Finance Plc in low-volume trade while many investors and brokers stayed away ahead of holidays, dealers said.

Mahen Madugalle appointed Kotagala Plantations CEO

Mahen Madugalle has been appointed the Chief Executive Officer of Kotagala Plantations with effect from April 1, 2015. His appointment comes in the wake of R.C. Peries

Pepe Jeans opens first store in Sri Lanka

?Pepe Jeans London, the iconic brand loved by discerning fashion enthusiasts worldwide for its effortlessly cool approach to style is set to open its first exclusive store in Colombo today at the 2nd floor of the new wing of Liberty Plaza.

Silvermill ready to make New Year delicious and wonderful

?Celebrating Avurudu this year just got a little easier and a whole lot tastier with Silvermill Real Coconut Milk! Prepare some of the most popular Avurudu recipes like mung guli, kokis, milk toffee...

Dilly’s Voyages: Avurudu Collection

?“Dilly’s established itself in 1987 as a women’s fashion retails store specializing in unique design pieces using fabric sourced from around the world.  Over the years...