Zonta recognises top public sector official for Management Award

When the public sector officials are hardly recognized for their contribution to the national development, particularly the management of public organisations and meeting the set goals, the Zonta Club of Colombo has recognized to award the Woman of Achievement on Management to Sri Lanka Export Development Board (EDB) Chairperson and Chief Executive Indira Malwatte.

First law of CEO communication

The first law of CEO communication is for the leader to ‘be on message’. What does this mean?  ‘Being on message’ means that the leader crafts her message to her audience to create a positive image about or get something done for her organisation. 

CIM Sri Lanka to hold 3rd Talking Point Programme for year

The Chartered Institute of Marketing (CIM) Sri Lanka will be hosting its third Talking Point Programme for this year on September 27, 2017, at Union Ballroom, Hilton Colombo Residences, from 6:00 p.m. onwards. 

Japanese Management Standards integrated with ISO9001: 2015 QMS

JASTECA Institute of Management had announced a newly designed seminar on a concept titled ‘Integration of Japanese Management Standards with ISO9001:2015 QMS International Standards’. Most managers assume that Japanese management teachings such as Toyota Production System, 

Is India’s Sri Lanka policy working at all?

The turning out of the Trincomalee oil tanks deal for India and the Hambantota port deal for China are only indicative of the massive trust deficit or leverage the two competing powers have in Sri Lanka. Relative to its size, Sri Lanka probably punches highest above its weight in geostrategic importance, in South Asia. Though size has mostly been an incorrect and incomplete indicator in determining strategic thrust, few nations would be as closel

Why failure is important for success

Failure. Many of us have been there. Some have refused to go beyond it while others have persevered and gone on to conquer great frontiers – be it business, entrepreneurship or anything else. But few have realized the value of failure as a teacher.

Pros and cons of following a tycoon in stock market

The stock market is a university for any entrepreneur that wishes to build a business empire, which creates a large number of employments for the economy. 

Rupee gains as exporters sell dollars

REUTERS: The Sri Lankan rupee ended firmer yesterday as dollar selling by exporters surpassed mild demand for the greenback from importers, dealers said.

Allianz ranked No.1 insurer in Dow Jones Sustainability Index

Allianz Group has taken the leading position among all rated insurance companies in the latest Dow Jones Sustainability Index (DJSI). 

US Federal Reserve keeps interest rates unchanged

AFP: The US Federal Reserve kept its benchmark interest rate unchanged this week and announced the gradual end to a crisis-era stimulus programme in a sign the economy is on sound footing. The Fed statement following its two-day policy meeting noted that the devastation caused by Hurricanes Harvey, Irma and Maria are “inflicting severe hardship” on communities.

Union Bank strengthens network with 66th branch in Peradeniya

Union Bank extended its footprint in the Central Province with the opening of its 66th branch at No: 921, Peradeniya Road, Kandy.

HNB Grameen Finance signs MoU with Associated Motorways

HNB Grameen Finance Limited signed a memorandum of understanding (MoU) recently with Associated Motorways (Pvt.) Ltd (AMW) to offer attractive leasing options for Renault KWID passenger cars, Suzuki Shakthi mini trucks and New Holland tractors. 

SriLankan Catering wins Presidential Export Award

SriLankan Catering Limited (SLC), a fully owned subsidiary of National Carrier SriLankan Airlines, covered itself in more glory when it was named the winner of yet another Presidential Export Award, the third such award in recent years, asrecognition for its steadfast commitment to supporting the nation’s economy and the growth of the aviation industry.

Cinnamon Future of Tourism Summit 2017 to be held next week

The Cinnamon Future of Tourism Summit will be held on September 26th as a one-day conference that will deliberate and draw examples from the best practices around the world on the theme innovation, technology and authenticity. 

Mobitel named ‘Official Mobile Partner’ for tourism summit

Mobitel will be the Official Mobile Partner for ‘Cinnamon Future of Tourism Summit 2017’ to be held on 26th September, hosted by Cinnamon Hotels & Resorts. 

Findmyfare.com unveils ‘Flight+Hotel’ bookings, adding more savings

Sri Lanka’s largest online travel company, findmyfare.com is offering further savings to its customers via an all-new ‘Flight+Hotel’ booking feature. 

Industry Stalwarts Positive on Investment Opportunities at Investor Forum Sri Lanka 2017

Sri Lanka needs better investor friendly legislation to attract more foreign investors – was the general consensus by industry experts at the recently concluded Investor Forum Sri Lanka, organized by the

New SEC Act to address issues outlined by IOSCO: official

The new Securities and Exchange Commission (SEC) Act, which is currently with the Legal Draftsman’s Department, will address the gaps in the regulatory system, which were outlined by the International Organization of Securities Commissions’ (IOSCO) Country Review, an SEC official said. “All those concerns will be taken care of under the new Act when it is passed in parliament,” SEC Director General Vajira Wijegunawardane s

SBI Japan to acquire 20% of Wealth Trust Securities

Tokyo-based SBI Holdings has entered into an agreement to acquire 20 percent of the shares of Sri Lanka’s Wealth Trust Securities Limited (WTS).

ADB assures continuous support for SL’s urban development programme

Manila-based development lender, Asian Development Bank (ADB), this week reiterated its pledge to continuously support Sri Lanka in its urban development programme and said would even step up its assistance going forward.  

EU pledges Rs.5.4bn to support Uva and Central provinces  

The European Union has pledged Rs.5.4 billion (EUR 29.7 milliion) to reduce poverty in Uva and Central provinces of Sri Lanka by improving the living conditions and food security of the people living in the two provinces.

Nation-wide inflation accelerates to 7.9% in August

Sri Lanka’s nation-wide inflation, measured by the change in the National Consumer Price Index (NCPI), rose to 7.9 percent in August on a year-on-year (YoY) basis, accelerating from 6.3 percent a month ago, the data released by the Department of Census and Statistics showed. 

SL tea output rises 6.14% YoY in August

REUTERS: Sri Lanka’s tea output rose 6.14 percent due to good weather in August, the state-run Tea Board said on Wednesday, while industry officials also attributed the gain to lower production last year. Production in the first eight months of the year edged up 3.99 percent compared to the same period last year.

CIMA President meets Finance Minister

Chartered Institute of Management Accountant (CIMA) President David Stanford yesterday paid a courtesy call on the Minister of Finance & Mass Media Mangala Samaraweera at the Treasury. Stanford was accompanied by CIMA Regional Vice President Venkkat Ramanan and two other CIMA officials. 

Hameedia new range of shoes to complete your fashion statement

Hameedia, Sri Lanka’s leading menswear specialist, has introduced a new collection of genuine leather mensshoes at their stores. The six new styles range from dress shoes to more casual shoes, 

Nestlé ranked Sri Lanka’s No. 1 Most Respected F&B Company once again

Nestlé has been ranked Sri Lanka’s Most Respected Food and Beverage Company in LMD’s Most Respected Entities Publication for 2017. This is the second consecutive year the company was 

Ogilvy PR Sri Lanka wins top Asia Pacific award for Right to Information 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. 

Allianz ranked No.1 insurer in Dow Jones Sustainability Index

Allianz Group has taken the leading position among all rated insurance companies in the latest Dow Jones Sustainability Index (DJSI). Allianz has been one of the most sustainable companies in the

Zone 24x7 named best value added exporter in hi-tech and innovative products sector

Zone 24x7 Pvt Ltd, part of a global end-to-end technology innovations company established in 2003 with its headquarter based in Silicon Valley, California, was again for the third consecutive year 

Qatar Airways extends spectacular ‘Global Travel Boutique’ promotion for two additional days

Qatar Airways is pleased toextendits ‘Global Travel Boutique’ promotion for two additional days, offering passengers from around the world amazing fares on flights in both Economy and Business