Real estate and construction sector as backbone of SL’s economy

As Sri Lanka sails forth towards unprecedented development, the real estate and construction sector has become significant as the back bone of the country’s economy.

NHRDC seminar on good governance and role of public service

The National Human Resource Development Council organized a lecture on ‘Good Governance and the Role of the Public Service’ for senior public servants at the Auditorium of the Ministry of Tourism recently. This lecture was delivered by PIM former Permanent Secretary and current Director Dr. Lloyd Fernando 

Relationship banking from NDB with ‘Business Class’

NDB introduced ‘Business Class’, a solution for businesses where access to an exclusive range of financial solutions is simply given by having a current account facility.

Over 40% rise in paper price hits local corrugated carton manufacturers hard

In a critical setback to corrugated carton manufacturers, prices of paper have risen by 40 per cent over the past 7 months due to short supply, following unexpected closure of production units. Trade sources say that the paper prices are likely to have risen the highest in any time.

Cotton Collection launches ‘Bring Your Own Bag’ initiative to reduce plastic footprint

Staying true to its commitment to the environment, Cotton Collection recently launched the ‘Bring Your Own Bag’ project, a sustainability initiative organized with the objective of reducing the plastic footprint 

Mobitel launches SCOPE hotline in partnership with the Perinatal Society of Sri Lanka (PSSL)

The National Mobile Service Provider, Mobitel has partnered with the Perinatal Society of Sri Lanka (PSSL) to launch the SCOPE hotline, which enables peripheral level consultants and Medical Officers 

Hirdaramani facilitates TEDx Colombo as Main partner for 3rd consecutive year

The Hirdaramani Group facilitated TEDx Colombo for the third year in a row as Main Partner. Known globally for being a platform that can spark change, its ethos mirrors that of Hirdaramani’s, which has

This govt. best bet towards sustainable growth: WAW

One of the harshest critics of the government economic policies, former Central Bank Deputy Governor W.A. Wijewardena, gave his seal of approval for the current regime and diplomatically mediated a disagreement between two leading economists, at the launch of the Institute of Policy Studies (IPS) flagship publication, ‘State of the Economy 2017’, on Tuesday.

World economic growth improving, even as US, UK potential slows: IMF

REUTERS: The current broad-based global economic upswing will likely be sustained this year and next, the International Monetary Fund said yesterday, with gains in most of the world offsetting sluggish outcomes in the United States, Britain and India.

SL receives thumbs up for progress in complying with WTO TFA

The key stakeholders of the EU-Sri Lanka Trade-Related Assistance Programme yesterday gave the government thumbs up for having taken a “firm” commitment in improving the local trading environment and actively working towards complying with the World Trade Organisation (WTO) Trade Facilitation Agreement (TFA).

Sri Lanka mulls cutting brick and mortar funding for education to focus on quality

The government will deliberate on National Policies and Economic Affairs Deputy Minister Dr. Harsha de Silva’s proposal to cut back on the capital expenditure on education to free fiscal space to improve the quality of education Sri Lankans receive at schools and universities.

President’s Chief of Staff visits Port City Colombo

President Maithripala Sirisena’s Chief of Staff Ranjan Dharmawardena went on an observation tour of the Port City Colombo project site last week.

VizuaMatix’s GITEX journey: Lankan big data solutions go global

VizuaMatix, an innovative Sri Lankan software solutions provider, is displaying their state-of-the-art products and services at GITEX Technology Week this October. 

Virtusa recognized among top global fintech providers

Virtusa Corporation announced that it has been recognized among the leading global financial technology providers in the 2017 IDC Fintech Rankings. 

George Steuart Teas joins CH17 Loyalty Network for Nuwara Eliya Golf card holders

George Steuart Teas known as the ‘Original Ceylon Tea People’ is now offered exclusively to NEGC membership through the loyalty programme managed by  CH17 Loyalty.

HSBC tops Asiamoney’s New Silk Road Finance Awards

HSBC has been named Best Overall International Bank for Belt and Road Initiative (BRI) in the inaugural Asiamoney New Silk Road Finance Awards, reflecting the bank’s commitment to being the leading financial partner to clients engaged in Belt and Road projects.

Ongoing Airbus corruption probes make references to Sri Lankan links

References have also been made to Sri Lanka in foreign media reports on the massive corruption scandal rocking the world’s second largest aircraft manufacturer, Airbus.

Unilever Sri Lanka initiates partnership with Tea Smallholders Federation and Dialog Axiata

Unilever Sri Lanka initiated a partnership with the Sri Lanka Federation of Tea Smallholders and Dialog Axiata PLC to support the over 400,000 smallholder tea farmers in Sri Lanka. This comes at a time when the nation is celebrating 150 years of Ceylon Tea.

BBDO Lanka wins Bronze at 2017 Tangrams Effectiveness Awards

BBDO Lanka was awarded a Bronze for Effectiveness at the 2017 Tangrams Effectiveness Awards held at Spikes Asia Festival recently at Suntec Singapore.

Etihad Airways improves timings on Abu Dhabi – Medina route

 Etihad Airways is re-timing its daily Abu Dhabi – Medina flights to a daytime operation and will also introduce three additional weekly services during the peak winter period.

Heritance Ayurveda Maha Gedara achieves Travelife Gold Certification

The Ayurvedic wellness resort, Heritance Ayurveda Maha Gedara, was accoladed with the internationally recommended Travelife for Hotels and Accommodations Gold Certification last week for the hotel’s commitment to sustainability and ethical business practices.

SriLankan facilitates Umrah pilgrims

With the dawn of the Umrah season this year, SriLankan Airlines facilitated the first group of pilgrims that embarked on their journey to the Holy Land from Bandaranaike International Airport (BIA), recently.  The 68 passengers, including three infants, left for Jeddah on SriLankan Airlines flight UL281. 

Everyone misbehaves: Putting 2017 Economics Nobel Prize to work for development

Monday’s announcement of the 2017 Nobel Prize for economics, to Richard Thaler, for his groundbreaking work incorporating psychology into economic theory, was a victory not only for the University of Chicago Professor and co-author of Nudge: Improving Decisions about Health, Wealth, and Happiness, but for behaviorally-informed policy worldwide.

Canon PhotoMarathon to promote tourism

Sri Lanka’s largest photography event, PhotoMarathon 2017, organised by Metropolitan Photo Hub on behalf of Canon and endorsed by the Sri Lanka Tourism Promotions Bureau (SLTPB), will be held this Saturday with the participation of over 400 photographers and tourists.

Hayleys Advantis recognized at Asia’s Best Employer Brand Awards 2017

Hayleys Advantis was recognized as one of Asia’s Top Employer Brands at the World HRD Congress’ Best Employer Brand Awards 2017 which was held recently in Singapore. 

Vertigo atop Japan’s ‘glass cliff’

Women in Japan continue to face obstacles. If the glass ceiling doesn’t prevent them from gaining positions of power, the glass cliff prevents them from staying there.

Browns GTD continues winning streak at Construct 2017

The Browns General Trading Division (Browns GTD) walked away with the ‘Most Committed Stall’ award at the ‘Construct 2017 Awards Night’ held at the Water’s Edge, recently.

Dimo engages Interbrand for corporate re-branding

Interbrand, the world’s largest and most influential brand consultancy, has begun the repositioning and corporate branding of top conglomerate Dimo.

Dankotuwa Porcelain shines at NCE Export Awards 2017

Dankotuwa Porcelain PLC announced that the company was adjudged winner of the Gold award in the large scale industrial sector for ceramics and porcelain products category at the recently concluded NCE Export Awards 2017. 

Mangala meets US Under Secretary in Washington

Finance and Mass Media Minister Mangala Samaraweera, who is currently in Washington to attend the World Bank/International Monetary Fund annual meeting, met with US Under Secretary for Political Affairs Ambassador Thomas Shannon at the US State Department.