High-powered Chinese biz delegation to visit Sri Lanka next month

A28-member business delegation from China organised by the Beijing Lansing Century Exhibition Company in association with State-owned Assets Supervision and Administration Commission of Tianjin Municipal People’s Government (TJ-SASAC), Tianjin Commission of Commerce (TCC) and Foreign Affairs Office of Tianjin Municipal People’s Government will be visiting Sri Lanka in March.

Odel Valentine’s shopper wins return air tickets to Paris

A lucky Odel shopper will soon be jetting off to Paris, France with a companion to consummate his good fortune, winning the grand prize in the ‘Odel Objects of Affection’ promotion with which the iconic department store celebrated Valentine’s Day this year.

Tilak happy with new SEC Commissioners

The first Commission meeting of the Securities and Exchange Commission (SEC) under new Chairman Tilak Karunaratne was convened on Monday around 3.30 in the afternoon, and the meeting went on for nearly three hours.

Exporting to Europe: Beyond GSP+

In recent years Sri Lankan policymakers have turned their back on Europe – not only in terms of political issues but also in terms of trade policy. The pivot of international economic policy to countries such as China have come at the expense of neglecting what is still one of the largest export markets for Sri Lanka – the European Union (EU).

A negotiating text for 2015 Climate Agreement ready in Geneva

Delegates from 194 countries who gathered in Geneva for a week-long process of climate negotiations will return home with a negotiating text for the 2015 Climate Agreement, which is set to reach in Paris end of this year and to come to effect in 2020.

Alexander – A great leader

The Great Man theory argues that great men and women take a lead and shape history rather than being merely shaped by it. In effect, it relies on an ‘inside-out’ model of human psychology. Success emerges from the active ‘push’ of individuals than the passive ‘pull’ of environmental forces acting on them. As the name implies, Alexander the Great is one such individual historians refer to elaborate on the Great

An Innovative Short Cutto White Revolution in the Newera

Agro-based socio-economic background is a common phenomenon in the country. Dairy farming, which is the most common acceptable secondary income generation activity, has been considered as a characteristic feature in developing the rural sector and as a tool in eradicating poverty, throughout the last few decades.

Multilac goes Green at Architect 2015

Multilac, the innovator and Sri Lanka’s largest paint exporter, will introduce its product innovations to the customers at Members Work and Trade Exhibition of Architect 2015, organised by the Sri Lanka Institute of Architects (SLIA), which will take place from February 19 to 22, at the Bandaranaike International Memorial Conference Hall (BMICH).

Winning The Market Through Employee Training

Human beings can be turned into human capital, which is considered the most valuable capital among other types of capitals such as physical capital and financial capital which business entities possess.

Sri Lanka in Indian Ocean Games

“Whoever controls the Indian Ocean dominates Asia. This ocean is key to the seven seas. In the twenty-first century, the destiny of the world will be decided on its waters”.Alfred Mahan (US Navy admiral, geo-strategist)

Triumph rewards top performers at 2015 sales conference

The leading lingerie trend setter in Sri Lanka, Triumph International, appreciated the perseverance and dedication of its top performers by recognising and rewarding t heir efforts at the annual sales conference held at Galadari Hotel recently.

Improving Doing Business Environment: A must for sustainable good governance

Amaya Resorts & Spas win International Hotel Awards

The prestigious International Hotel Awards organization honoured Amaya Resorts & Spas with two 5 star category awards at the awards ceremony held at The London Marriott Hotel, Grosvenor Square, London recently.

Unawatuna beach: A call for action

A year ago, the two kilometer swim to the island reef, directly south from the base of the horse-shoe shaped bay, was through deep water.I swim every day, weather permitting. The azure blue water of the Indian Ocean, sometimes cloudy from the churn of the current, reveals the true extent of the effect of the man-made breakwater. Running long, wide and deep down to the ocean floor, across the western side of the mouth of the bay, its existence has

Hemaka appointed as Sri Lanka Insurance Chairman

Top professional and corporate leader Hemaka Amarasuriya has been appointed as the Chairman of statecontrolled Sri Lanka Insurance Corporation with effect from February 13.

Ceylinco depositors allege Kotelawala trying to hoodwink new government

The Independent Association of Depositors of F&G Real Estate Company Ltd (F&G RECL) and Property Developers (Pvt.) Ltd (PD), both subsidiaries of the Ceylinco group, accused t he group’s past Chairman Lalith Kotelawala of attempting to fool the government and the people in view of the present political climate to take control of the companies once again.

Sri Lanka seals nuclear energy pact with India

Sri Lanka sealed a nuclear energy agreement with India yesterday.Under the deal, India will help Sri Lanka build its nuclear energy infrastructure, including training of personnel, the Indian Foreign Ministry said. Later, India could also sell light small-scale nuclear reactors to Sri Lanka, which wants to establish 600 MW of nuclear capacity by 2030, a Sri Lankan official and an Indian analyst said.

LB Finance Hatton Branch Shifted to a More Convenience Location

Finance Stalwart LB Finance PLC shifted its Hatton Branch to No. 52, Danbar Street, Hatton on 27th of January 2015 for the convenience of customers in the area.

CFW cultivates young design talent through CFW Day and BrightSpark Shows

HSBC Colombo Fashion Week (CFW) hosted by Hilton Colombo nurtures aspiring designers by offering them a unique platform through BrightSpark Shows to showcase their talent during the most coveted fashion event of the year. This year, ten BrightSpark designers have successfully completed an intensive training and mentoring process, the culmination of which will be previewing their collection at CFW Spring/Summer 2015 Show (11th to 14th March).

Amãna Takaful Life Inspires Team to Reach ‘Beyond a Billion’ in 2015

Amãna Takaful (ATL) Life, the flag bearer of the Takaful way of insurance in Sri Lanka recently presented its annual plan to its team members, under the 2015 theme ‘Beyond a Billion – Think. Act. Achieve.’  At the event, team members were presented with the details of the company’s exemplary performance in 2014 and the 2015 strategy for the way forward was unveiled.  The event brought together members from

99X Technology ranked among Asia’s Best Workplaces for 2015

Time and time again, 99X Technology has been recognised and rewarded for its unwavering commitment towards creating a great place to work for its foremost asset – its people, and the company shone once again at the Great Place To Work Asia awards ceremony in Mumbai when it was named a Best Workplace in Asia, becoming the first and only Sri Lankan company to be ranked on this prestigious list.

‘Ride with Style’ kick starts 4th season with mega promo

Brand ‘deedat’ was all out to ‘Ride with Style’ as NOLIMIT’s leading men’s casual wear brand kick started its annual mega promotion in style at NOLIMITImage, Wellawatta recently to reward and recognise their loyal customers.

Grant Advertising duo to represent Sri Lanka at Adfest

At the recently concluded Young Lotus contest organized by the 4A’s of Sri Lanka, Grant McCann Erickson’s Tara Weerasinghe & Sahil Gunesekere came out on top earning the honours of representing Sri Lanka at Adfest, Pattaya Thailand.

Asian Paints to offer preview of new ‘Smart Care’ products

A preview of an exciting new product range soon to be introduced to the local market, will be part of the offering to visitors to the Asian Paints stall at Architect 2015, the annual exhibition of the Sri Lanka Institute of Architects.

Virtusa announces 3Q consolidated financial results

Consulting and IT outsourcing company, Virtusa Corporation reported consolidated financial results for the third quarter fiscal year 2015, ended December 31, 2014.

Aitken Spence IT division secures ISO 27001: 2005 certification

Aitken Spence Information Technology division attained the International Organization for Standardization certification (ISO 27001: 2005), earning the prestigious accreditation after nearly a year of independent, external assessments.

Critical Analyses of Colombo Port City Project

The Colombo Port City project was initiated by the previous regime and was finalized with the signing of different agreements in 2014 with the Sri Lanka Ports Authority (SLPA), Board of Investment (BoI) and Urban Development Authority (UDA) with China. These local agencies were assigned the responsibility of administration of this mega project. The main objective of the project is to create not only a major maritime hub but also a harbour city fo

A Decision Made In The Heat Of The Moment Ends Up As A Fooish Mistake

If the CEO of your organisation requests you to create a model for decision-making of the leaders, how would you get around with it? You know that a logical and systematic decision-making process helps you as a leader (and also to the other leaders) address the critical elements that result in a good decision. By taking an organised approach, you are less likely to miss important factors and you can build on the approach to make your decisions be

Invest wisely: Advice from your securities industry regulator

As investors turn to the Sri Lankan equity market to secure their futures, the presence of a regulator is more compelling t han ever. Accordingly, it is inevitable for the Securities and Exchange Commission of Sri Lanka (SEC) to continue to safeguard the interests of the investors. The success of the initiatives undertaken by the SEC to attain the aforementioned greatly depends on the support rendered by the market stakeholders. Education initiat

DIMO wins Daimler top accolade – ‘Service Excellence Award 2014’

At the recently concluded Daimler South East Asia - Service Excellence Awards 2014, DIMO accomplished the No. 1 position in the entire South East Asia region for ‘Service Excellence’ in after sales.