Dr. Ganeshan Wignaraja to deliver keynote at CILT International Conference 2017

Eminent scholar and economist Dr. Ganeshan Wignaraja is slated to deliver the keynote address at the Chartered Institute of Logistics and Transport (CILT) Sri Lanka ‘International Conference - 2017’ to be held on 3rd October at the Balmoral Hall of The Kingsbury Hotel, Colombo.

CB releases ‘Sri Lanka Socio-Economic Data – 2017’ publication

‘Sri Lanka Socio-Economic Data – 2017’, the annually published data folder of the Central Bank of Sri Lanka, is now available for public information. The current data folder is the 40th volume of the series. This easy-to-carry data folder contains information on country p

Abbotsleigh Estate achieves all-time record price

At the tea auction held on 20th September, an invoice of PF1 from Abbotsleigh Estate, Watawala selling under the Florence Mark secured an all-time Colombo tea auction record price of Rs.710/- per kilogram in the CTC High Grown Category.

GOPIO SL to host career development programme for A/L students

The Sri Lankan chapter of Global Organization for Persons of Indian Origin (GOPIO) SL organized a career development seminar today.

Perfect Business Solution wins Gold at CNCI Awards 2017

Perfect Business Solution Services (PBSS) grabs another Gold award as the best service company in the national level at CNCI Awards 2017 held recently at Galadari Hotel Colombo.

UK banks to check immigration status from January: govt

AFP:  UK banks will start carrying out immigration checks on all account holders from January, part of a crackdown on those in the country illegally, the government said this week.

Asia markets down and dollar weaker, North Korea back in view

AFP: Asian markets turned lower yesterday as investors cashed in at the end of a mostly positive week while the dollar weakened against its main peers with analysts questioning the chances of a third US interest rate hike this year.

S&P lowers Hong Kong credit rating following China cut

AFP: Standard & Poor’s yesterday slashed Hong Kong’s top-notch credit rating, a day after lowering China’s, warning of potential spillover risks the mainland’s ballooning debt pile.

Swedish telecom firm Telia to pay corruption fine of nearly US$1 bn

AFP: Swedish telecom firm Telia will pay fines of nearly US$1 billion to settle a bribery case brought by US, Swedish and Dutch authorities, the US Justice Department announced Thursday.

World Bank commends GoSL on positive social indicators

Executive Director of the World Bank for the constituency of India, Bangladesh, Bhutan and Sri Lanka, S. Aparna, together with the World Bank’s Country Director for Sri Lanka and the Maldives, Idah Z. Pswarayi-Riddihough, called on the Minister of Finance and Media Mangala Samaraweera this week at the Finance Ministry. 

Regional consultations for National Export Strategy in Galle

Regional Consultations as part of the design of Sri Lanka’s National Export Strategy (NES) took place in Galle yesterday.

CB seen holding policy steady to support economy

Sri Lanka’s Central Bank is expected to keep its key interest rates steady on Tuesday, a Reuters poll showed, to support a stuttering economy even as inflation accelerates amid strong credit growth.

CIMA Global President meets Prime Minister

David Stanford - CIMA Global President met with Prime Minister Wickremasinghe at Temple Trees to discuss potential opportunities for CIMA to work with the government to build a skilled workforce and financial literacy in the country. Venkkat Ramanan - 

Difficult NAFTA round three set to start in Canada

AFP: The third round of talks on revamping NAFTA, which start today in Ottawa, are expected to be punishing as diplomatic tensions mount.

Budget airlines to drive plane demand in next 20 years: Boeing

AFP:  Smaller planes will dominate aviation orders worldwide in the next 20 years, driven by the needs of budget airlines in emerging markets like Southeast Asia, Boeing said yesterday.

Mahogany Masterpieces opens new showroom

Instilling unbridled passion into the craft of producing timelessly stunning works of art destined to add unique style to any interior space, Mahogany Masterpieces expands its presence with the opening of its brand-new store at No 87, Dickmans Road Colombo 5.

Hameedia’s ‘What’s Your Fit’ campaign continues educating fashion-conscious gentlemen

Hameedia, Sri Lanka’s premier men’s wear specialist renowned for quality and style, recently introduced ‘What’s Your Fit?’ campaign at the beginning of August to extend its fashion expertise to its loyal customers. 

Russia keen on more OPEC cooperation

AFP: Russia’s energy minister said yesterday that he was in favour of continuing cooperation with the OPEC oil cartel as their joint accord to cap output bears fruit in boosting the price of crude. “We should keep the pace and definitely moreover follow through on the concerted action,” Alexander Novak said at the start of a meeting of oil-producing countries in Vienna.

Ten Sri Lankan youth will attend the prestigious Spikes Asia Festival of Creativity

Eight outstanding young professionals from Sri Lanka’s advertising industry and two students have been selected to represent the country at the annual Young Spikes 2017 & Cheil Young Creative 

Malay Sports Festival startles the Padang Complex

The Malay Sports Festival organized by Kumpulan Melayu Battaramulla (KMB) concluded at the Padang Complex on Sunday the 17th of September 2017.

DSL Enterprises pledges to support ‘Little Hearts’

September 19th saw leading distribution network, DSL Enterprises (Pvt) Ltd, announce their participation in the Little Hearts project, which aims to build a cardiac and critical care complex at the Lady Ridgeway Hospital. 

RCGC hosts ‘Golfers for Charity’ event for Lanka Alzheimer’s Foundation

The Royal Colombo Golf Club (RCGC) will be hosting a Golfers for Charity event in aid of Lanka Alzheimer’s Foundation (LAF) and RCGC Charity Welfare Fund on Saturday 23rd September. The Platinum sponsor of the event is Cargills Ceylon PLC who have pledged a donation of Rs.1.5 million directly to the LAF to facilitate their on-going work raising awareness to enhance dementia care and support. The Silver sponsor of the event is Clearpoint, Ra

HNB takes 274 Singithi depositors on guided tour around Colombo

Seeking to cultivate the savings habit in young Sri Lankans, Hatton National Bank rewarded 274 selected winners of the HNB Singithi Depositors competition together with their parents for a special educational tour around a series of landmark locations across Colombo.

Seylan Pahasara opens two new libraries in Gampaha and Trinco

Envisioning to offer quality education to the children of Sri Lanka, ‘Seylan Pahasara’ opened its 132nd and 133rd libraries in Gampaha and Trincomalee respectively. 

Village Heartbeat Empowerment Centre opened in Oddusuddan

In keeping with its theme of child empowerment and improving quality of life in rural communities, the eighth Village Heartbeat Empowerment Centre was declared open in Oddusuddan in the Mullaitivu District recently, a joint project of SriLankan Airlines and the Foundation of Goodness.

Access Engineering re-draws capital city’s skyline with Capital Heights

Construction of the 242-unit ‘Capital Heights’ luxury apartment project commenced on 18th September 2017, when Blue Star Realty (Pvt.) Ltd, a member of Access Engineering PLC, formally received China State Construction Engineering Corporation Ltd (CSCEC) to the site on Buthgamuwa Road, Rajagiriya.

Connecting new city with old historic city of Colombo

In selecting the winner of the recently held Urban Design Idea Competition by the CHEC Port City Colombo, the judges looked for more than just the creation of iconic buildings.

Capitol TwinPeaks model apartment now open

Capitol Developers, the company developing the iconic Capitol TwinPeaks has unveiled its model apartment to the public for viewing.

Ogilvy PR Sri Lanka wins top Asia Pacific award for RTI campaign

Ogilvy Public Relations Sri Lanka succeeded in finishing ahead of 1,200 of the best award entries from across the Asia Pacific region at the SABRE APAC Awards held in Hong Kong recently.  The agency’s ‘Uncover the Truth’ campaign for Sri Lanka’s Right to Information (RTI) Act won two Certificates of Excellence, a Gold award in the ‘Charities and Not-For-Profit’ category and the Best-in-Show’ campaign

Digibrush powers Union Bank Facebook campaigns towards int’l recognition

Digibrush, one of Sri Lanka’s fastest growing digital media agencies, drives yet another client to bag an eminent award at the CMO Asia annual awards this year. Union Bank PLC earned the prestigious Social Media and Digital Marketing Awards 2017 for Best Facebook Campaign at the recently concluded awards in Singapore.