Findmyfare.com offers 15% discount for HSBC credit cardholders travelling to Kerala

Findmyfare offers another exciting travel deal for HSBC credit cardholders who are planning to travel to India. This deal allows HSBC cardholders to enjoy a 15% discount on their air ticket when they fly to Kerala on SriLankan Airlines.

Proactive SEC reverses controversial share sale

Capital market regulator, the Securities and Exchange Commission (SEC), yesterday in a historic move reversed a controversial share deal...

The benefits of good diplomacy

The politicization of the foreign service was discussed once again this week in Parliament with the JVP providing a list of the appointments...

Sampath Bank wins prestigious CSR Award at ASIA Responsible Business Excellence Awards 2014

Sampath Bank has won the prestigious Best Community Program Leadership Award, in Asia Responsible Business Excellence awards 2014 held in Pan Pacific Hotel, Singapore with the participation of top business leaders from different parts of the Asia.

Understanding what it takes to be a manager is not always easy

Many people - employers included - think that all it takes to be a manager is being the person with the most seniority or the best people skills.

Reduction in finance costs boosts Dialog’s 2Q

A significant reduction in group finance cost pushed Dialog Axiata PLC’s (Dialog) net profit up by 69 percent during the quarter ended June 30,2014 (2Q14) to Rs. 1.60 billion from a year ago, interim results showed.

Policy makers targeting auto trade:CMTA

Policy makers are using baseless arguments to target auto traders with successive policies, according to Ceylon Motor Traders Association Incoming Chairman Gihan Pilapitiya.

Mount Lavinia Hotel clinch Two Gold Awards at BestWeb.lk competition

Mount Lavinia Hotel, Sri Lanka’s most celebrated colonial mansion with a history spanning over 200 years was the recent recipient of multiple awards from the prestigious national BestWeb.lk 2014 Competition.

Debt levels likely to ease further: CB Governor

Sri Lanka’s Central Bank Governor said overall debt levels are likely to improve further after data showed the nation managed to hit the debt-to-GDP...

CEO of Jubilant Foodworks India Ajay Kaul, Talks about Domino’s Sri Lanka and the plans ahead

“We have now been in sri lanka for the past three years it has been an outstanding journey, today we have as many as twelve restaurants in sri lanka which are mostly around greater Colombo.

What can we learn from our mistakes in running a business?

Mistakes form an integral part of our business lives. Some would even go as far as to label the mistakes as learning experiences and rightly so too. Mistakes define our businesses and often, the roads we have chosen over the years.

Touchwood given further time on undertaking by senior counsel

The Commercial High Court yesterday gave former Chairman/CEO of Touchwood PLC Lanka Kiwlegedara time till August 25th, to submit statement of affairs and all other documents pertaining to Touchwood PLC, upon the firm undertaking given by Counsel Nihal Fernando PC.

Nestlé Lanka records Rs.976mn net profit for 2Q

Nestlé Lanka PLC, the local unit of Swiss-based food multinational reported a net profit of Rs.976 million for the June quarter (2Q14), up from Rs.787 million in the corresponding quarter of the previous year, the interim finance accounts released by the company showed.

Aitken Spence breaks ground for US $ 100mn resort

President Mahinda Rajapaksa was the Chief Guest at the ground breaking ceremony of Aitken Spence Hotels’ new venture, ‘RIU Resort, Ahungalla’.

Tamil Nadu fishermen issue affecting India-SL ties

August marks the death anniversary of the late Lakshman Kadirgamar, a remarkable Foreign Minister brutally assassinated by the LTTE.

Market buoyancy continues  

The recent market rally which has blessed the Colombo Stock Exchange (CSE) is now more than two months old,...

Government meddling in banks destroys value

Increasing government interference in banks destroys their value because the poor governance makes it difficult for such banks to raise capital at competitive rates, according to a top HSBC official from the Asia Pacific region.

Fashion and style sparkle at Sunsilk’s 24 hour lockdown last weekend

Last week’s talk of the town, the 24 hour party rocked Colombo for 24 hours, from 10 am on Saturday 26th to 10am on Sunday 27th.

Brics Bank and Bretton Woods

The Bretton Woods conference aimed to reshape the international financial system and end the protectionism that,..

Ceylon Chamber calls for inclusive growth

At a time when Sri Lanka is all out to double its per capita income beyond US $ 7,000 by 2020,...

Digital marketing needs firm commitment: Dr. Chaffey

World renowned digital marketing guru Dr. David Chaffey put across the finer points of the subject to leading businesses and individuals in the country at the inaugural Sri Lanka Digital Marketing Conference organized by the Synergy School of Marketing London & Colombo, recently.

Sanga Partners with Prima Stella

Following a series of successful and innovative product developments, Prima Stella Instant Noodles re launched its favourite chicken flavor along with a vegetable sachet, targeting the entire family and guaranteed to thrill the taste buds of all noodle lovers. 

Port City to be extended up to Mount Lavinia

The much hyped ‘Port City’ project, which will reclaim at least 252 hectares of sea in front of Galle Face,...

Sweets.lk – Take a bite on your sweet tooth

Sweets.lk is Sri Lanka’s first and only online store specialized in sweet treats.  The site provides a wide range of sweets from various suppliers and also handles deliveries.  Sweets.lk’s mission is “ to be the one stop shop for sweets and related businesses in Sri Lanka”. While doing this the site wants to create communities of entrepreneurs and sweets lovers and make them share their ideas and comments about t

Commercial Credit acquires Trade Finance & Investments

Commercial Credit & Finance PLC has acquired the control of Trade Finance & Investment PLC, a company controlled by the Cooray family, owners of Jetwing Group.

Effective planning and execution take pain out of meetings

One particular area of managerial activity holds the greatest promise of productivity improvement – conduct of meetings.

CB approves 19 merger proposals

During the first seven months of the year, Central Bank’s monetary board has principally approved as much as 19 consolidation proposals,...

Geographical Indication for Ceylon cinnamon soon

In response to a longstanding cry by the spices and allied exporters, action is now underway to obtain the Geographical Indication (GI) for Ceylon cinnamon and other allied products of which the geographical origin and its possessed qualities will be identified with a unique sign in the international market place.

Asian stocks slip after major US sell-off

Asian markets ended their recent rally yesterday after the Dow posted its biggest single sell-off since February on weak eurozone data and as news of Argentina’s debt default shook the market.

SEC Licenses First Dollar Fund in Sri Lanka

Ceylon Asset Management launches ‘Ceylon Dollar Bond Fund’ to attract foreign investments into Sri Lanka dollar bonds. In a giant step to internationalize the investment industry in Sri Lanka, which has thus far been restricted to rupee investments, the Securities & Exchange Commission (SEC) licensed the country’s first ever dollar denominated unit trust with the approval of Central Bank and Ministry of Finance.