CDB’s HR vision delivers Silver at HR Awards

?Citizens Development Business Finance (CDB) was recognized as an Overall Silver award winner at the recent 2014 HRM Awards, held by the Association of Human Resource Professionals in conjunction with SHRM. 

Abans reward top achievers with Sydney trip

?Abans conducted a Cricket World Cup promotion among their Showroom Managers and key partners to select and reward high achievers of LG Smartphones during the months of October, November and December 2014. 

S-lon wins the Taiki Akimoto 5S Merit Award

S-lon Lanka Pvt Ltd was recently awarded the ‘Taiki Akimoto 5S Merit Award’ for the year 2014 at the 19thJASTECA Awards Ceremony held under the auspices of his Excellency, Nobuhito Hobo, the Ambassador for Japan in Sri Lanka. It is an annual competition organized by the Japan Sri Lanka Technical & Cultural Association (JASTECA), with the primary motive of encouraging both public and private organizations to adopt effective Japanes

Venture Engine 2015 kicks off with over Rs. 500 million in funding raised for 15 start-ups in previo

Blue Ocean Ventures and the Indian Angel Network in partnership with the Lankan Angel Network announced the launch of Venture Engine 2015 at an event held at the OZO Colombo. Since its inception in 2012, Venture Engine has been helping entrepreneurs to take their businesses to the next level and has proven to be both an invaluable resource for mentoring as well as a platform for the growth and expansion of start up and early stage businesses.&nbs

Tiesh launches its exquisite new showroom in Colombo

Tiesh, one of Sri Lanka’s leading contemporary jewellers, recently launched its exquisite new showroom in Colombo. The showroom was launched under the theme of ‘Inspired Elegance’ with a glamorous and exclusive cocktail event. Located at No. 253, R. A. De Mel Mawatha Colombo 03, Tiesh’s new showroom is one of the best in the country and features an array of glittering gems and beautifully crafted jewellery collections.&nbs

Dress your best this Avurudu with Hameedia

Continuously setting the benchmark in the fashion industry, Hameedia, Sri Lanka’s leading menswear specialist recently launched a special Avurudu promotion to celebrate the Sinhala and Tamil New Year (Avurudu). The offer will enable customers to dress their best for the upcoming New Year, and will be valid until 19 April 2015, at all Hameedia outlets island-wide. 

Sri Lanka self-sufficient in energy by 2020: Champika

?Sri Lanka would be self-sufficient in energy by 2020, according to Power and Energy Minister Champika Ranawaka. “Just like how we are self-sufficient in rice, we will become self-sufficient in energy,” he claimed.

Govt. to expand public sector, but with discipline

?The new regime will continue to increase the size of the public sector despite its already sluggish nature, according to a top Cabinet minister. “Our government has decided that the youth of the country needs to get employment, and we will do so,” Finance Minister Ravi Karunanayake said.

French shipping giant invests US $ 2.5mn to set up BPO unit

?CMA-CGM Shared Service Centre Lanka (Pvt) Ltd., a unit of the largest French shipping line CMA-CGM commenced business process outsourcing (BPO) operations last week investing US $ 2.5 million. 

Odel acquires Softlogic Brands for Rs.600mn

Odel PLC has acquired Softlogic Brands (Private) Limited for a consideration of Rs.600 million, the fashion retailer said in a stock market filing. Both Odel and Softligc Brands are subsidiary companies of Softlogic group.

January exports flat; oil bill down 41%

?Sri Lanka’s export earnings increased marginally by 0.6 percent year-on-year to US $ 910 million in January with expenditure on imports rising at a faster pace of 1.6 percent yoy to US $.1.68 billion, data released by the Central Bank showed.  

Committee to review resettlement of families within Colombo

?The Cabinet will be appointing a committee to review aspects pertaining to the relocation of families in underserved settlements within the City of Colombo, undertaken by the Urban Development Authority (UDA).

iPlaza brings whole new shopping experience

?David Pieris Information Technologies Ltd, a subsidiary of David Pieris Group of Companies, recently launched iPlaza, an online shopping store that is guaranteed to offer a flexible and exciting shopping experience. 

Signal’s dental camp sets new Guinness World Record

?Sri Lanka’s leading Oral Care brand, Signal, recently demonstrated its commitment towards mobilizing a national effort to work towards a “Cavity-Free Sri Lanka”. 

Asliya and Akura capture overall winner awards

?The regional print awards organized by the Sri Lanka Association of Printers (SLAP) was held at the BMICH, with printers competing island wide excluding those from the Colombo district.

Hayleys Café Pixel Wonder Photo Shop gives life to your memories and moments

Hayleys Consumer relocated its model photo imaging studio and photo lab “Café Pixel Wonder Photo Shop” to Dharmapala Mawatha Colombo 7 which is situated next to the Ministry of Buddha Sasana. 

Higher studies made easy with Amãna Bank Education Finance

Amãna Bank recently launched their very own Education Finance scheme to help students achieve their academic and professional dreams. This facility is available for both aspiring students and young working individuals to complete their higher studies in an easy and affordable manner. 

‘‘Panadol Sahanaabhimani’ launched to mark Happiness Day

?Panadol, the flagship brand of SmithKlineBeecham Pvt. Ltd, (GSK) launched Panadol Sahanaabhimani to celebrate United Nations World Happiness Day.’  This effort is aimed at inspiring Sri Lankans to build a happier nation and to mobilize the country towards this unified effort. 

Yet another Special Community Service Project by the LB Finance CSR Unit

A special competition to create awareness on the environment and electronic waste was conducted on the 18th of February by LB Finance PLC.

‘Nestlé Professional Signature Night’ celebrates partners in success

?Nestlé Professional, the ‘out-of-home’ food and beverage solutions provider of Nestlé, hosted ‘Nestlé Professional Signature Night’ for culinary professionals in Sri Lanka, in honour of their contribution towards the growth of its business over the years. 

CPM to offer unemployed graduates on-the-job training courses

?Even with their higher qualifications, graduates have difficulty finding satisfying work with many compelled to accept jobs in the bloated public sector, admitted the Higher Education Ministry.

IPM shares Sri Lankan HR perspective at BSHRM Conference in Dhaka

?The Institute of Personnel Management (IPM) Sri Lanka - the pioneer and leader in the human resources management sphere in Sri Lanka - was invited to share its thoughts and ...

Turning ideas into business: hSenid Mobile Solutions makes dreams come true

?Innovative ideas come from great minds and now, it will not take a genius or an app developer to take that idea to market and turn it into cash.  Perfect for stay-at-home mothers with time on her hands, a student who wants to...

BConnected partners HRM Awards for 4th consecutive time

?BConnected is proud to have partnered with the Association of HR Professionals as its official HRM Secretariat in concluding the prestigious HRM Awards for the fourth consecutive time. BConnected values the trust placed in it.

Driving beauty portfolio is one of Unilever’s priorities: Aruna Mawilmada

Unilever Sri Lanka Customer Development Director Aruna Mawilmada has been a livewire in the industry for over a decade. Having started his career at Unilever Sri Lanka in 1985 in Customer Development (CD), Aruna rapidly progressed ....

Relook at crop diversification by plantations for their survival

Concern had been expressed by some, a few years ago, in regard to a government decision at that time, to diversify some of the rubber lands in Ratnapura, Kegalle and Kalutara and some other wet zone districts to oil palm cultivation despite the very attractive rubber prices....

Providence and US’ Wolters Kluwer Financial Services bring IFRS to local banks

?Providence, a provider of IT and technology related services, along with Wolters Kluwer Financial Services, a worldwide provider of compliance, risk management and audit solutions, has brought the latest and most up-to-date solution for IFRS – OneSumX to Sri Lanka. 

Vallibel Finance announces Rs.1 bn debenture issue

Vallibel Finance PLC, the name-bearer of the Vallibel Group, announced the issuance of 5-year (2015-2020) rated, guaranteed ( Capital & Two Interest Installments ) ...

AMW Capital Leasing surpasses Rs. 1 bn in Fixed Deposits

?AMWCL, having commenced fixed deposit mobilization in the latter part of 2013 announced the achievement of Rs. 1 billion in public deposits within a short period of time. 

ComBank promotes e-remittances in Northern region

?Commercial Bank recently concluded a successful week-long campaign in the Northern region to educate the public about the superior products and services offered by the Bank for remittances, and to raise awareness about the dangers of using illegal methods to receive money from overseas.