Farming family’s commitment to dairy excellence earns presidential recognition

Suneetha Rupasinghe and Suneetha Wevita, a dairy farming family from Hanwella that has been supplying Fonterra Brands Sri Lanka for over eight years, never imagined that their family-run farm would be recognised by the state.

Siddhalepa awards scholarships to Galle Janadhipathi Vidyalaya students again

The Siddhalepa group, which has a close affinity with the Janadhipathi Balika Vidyalaya in Galle, which the group rebuilt in a post-tsunami period, rewarded its most talented students with 30 scholarships for the 10th consecutive year.

Suren Cooke Agencies fights against deadly mosquitoes

Suren Cooke Agencies, the pioneers in making the community a safer place to live, carried out a massive vector control campaign in several rural areas, to help people get relief from mosquitoes. Dengue is the most deadly mosquito-borne viral disease, especially confronting countries located within the equatorial region, having high temperature. Rainfall and humidity are conducive for mosquito breeding and migration that causes extensive transmiss

Sierra helps CKD-prone communities get clean water

People in two chronic kidney disease (CKD)-prone areas in the Anuradhapura and Trincomalee Districts can feel safer following the donation by Sierra Construction (Pvt.) Ltd of two reverse osmosis (RO) plants for the purification of water.

Sustaining growth in a less supportive external environment

It is quite likely you are reading this on a smartphone or tablet assembled in an emerging market economy. The beverage beside you could well be tea grown in Sri Lanka or Kenya. And there is a chance that you are —or soon will be—on a plane headed for Shanghai, Sao Paulo or St. Petersburg. The list could go on. But even from a few examples around us, it is easy to detect the pervasive role of emerging market and developing economies i

South Asia could potentially benefit from globalization backlash: World Bank

Possible protectionism in advanced economies should not deter export-oriented growth in South Asia, a region that could even benefit from the backlash against globalization, a new World Bank report said this week.

Why do you live where you live?

By Why do the people in the world as a whole or within a given country, live where they do? Why are some places so densely populated and some so empty? In daily life, we take this variation in density as a matter of course, but in many ways it can be quite puzzling.

Ishara ups direct holding in Browns Investments

Corporate leader Ishara Nanayakkara has upped his direct holding in Browns Investments PLC, the strategic investment vehicle of Browns and LOLC groups, Nanayakkara’s broker, LOLC Securities, informed the Colombo bourse yesterday.   

Indian tycoon Mallya granted bail in London extradition hearing

REUTERS: Flamboyant businessman Vijay Mallya, pursued by Indian authorities over unpaid loans tied to his defunct Kingfisher Airlines, was arrested in London yesterday and appeared in court for an extradition hearing.

Nation Lanka Finance raises Rs.250mn to support lending

Nation Lanka Finance PLC, a licensed finance company with an asset base of around Rs.8.0 billion has raised Rs. 250 million via a subordinated debenture issue by  way of a private placement with the objective of buttressing the company’s tier II capital, a stock exchange filing by the company said. 

Rupee ends weaker on importer dollar demand

REUTERS: The Sri Lankan rupee closed weaker yesterday due to dollar demand from importers, but the currency is expected to steady in the near term, dealers said. Rupee forwards were active, with two-week forwards ending at 153.15/25 per dollar, compared with Monday’s close of 152.95/153.10. “There is some importer demand and we see the currency stabilising at these levels,” said a currency dealer who requested anonymity.

Dialog seeks shareholder nod to relax eligibility criteria for ESOP

Leading    telecommunications services provider Dialog Axiata PLC has proposed to relax some of the criteria to make its high performing employees become eligible for the Employee Share Option (ESOP) scheme, which is a part of its Long Term Incentive Plan (LTIP).

Vidullanka’s overseas acquisition held up by delays in regulatory approvals

Renewable energy developer Vidullanka PLC is experiencing some headwinds in its attempt to acquire a Uganda-based renewable energy firm, which will delay the issuing of Vidullanka shares to fund  the acquisition.

SAGT strikes deal with workers to end 13-day operational disruption

South Asia Gateway Terminal (SAGT), a private container terminal operating at the Colombo port, has managed to strike a deal with its workers, ending a 13-day operational disruption at its berth, SAGT said in a statement, yesterday.  

GSP Plus hangs in balance as govt. treads slow on sensitive issues

The European Union (EU) is still concerned about the progress Sri Lanka has made in its human rights commitments with less than 4 weeks to go till the culmination of Sri Lanka’s Generalized 

The biggest CFW to date concludes with Celebrating Colombo

HSBC Colombo Fashion Week concluded its summer season as the biggest, under the theme ‘Celebrate Colombo’ in association with Sri Lanka Tourism. Hosted at Hilton Colombo, CFW, in its 

Unilever Continues to Win Accolades for Excellence in People Management

Unilever Sri Lanka was recognized for excellence HR practices at the SHIFT 2020 - Sri Lanka Human Capital Management (HCM) Awards 2016 held recently in Colombo. Home to some of the country’s 

Ellie Goulding Drives New Range Rover Velar In New York

The new Range Rover Velar made a spectacular US debut with an exclusive live online performance from Ellie Goulding. The chart-topping singer’s New York show precedes a charity auction of the hotly 

Serendib Flour Mills brings sustainability to the forefront of its operation

Serendib Flour Mills (SFML) recently embarked on a long-term sustainability drive to minimize the company’s impact on the planet, whilst improving the overall management of water and energy use at

Jaguar F-Pace Voted 2017 Best And Most Beautiful Car In The World

The Jaguar F-PACE is officially the best and most beautiful car in the world afterdouble success at the 2017 World Car Awards, scooping the prestigious World Car of Year and World Car Design of the 

mCash rewards key stakeholder groups at mCash Infinity Awards 2016

The National Mobile Service Provider Mobitel’s mobile money platform, mCash, held its eagerly anticipated mCash Infinity Awards 2016 for the second consecutive year in recognition of the 

4th Six-A-Side Soft Ball Cricket Tournament Of The Slfpa For The Sri Lanka Food Processors Associati

Founded in 1997 as an advocacy group, the Sri Lanka Food Processors Association currently consists of over 140 member companies.

Oman Air launches new daily flight between Muscat and Manchester

Oman Air will start its new daily flight between Muscat and Manchester from May 1, 2017; the latest move in the airline’s ambitious and dynamic programme of fleet and network expansion.

Rustic yet royal design elements define Sigiriya Jungles

Sigiriya Jungles revolutionized the luxury resort segment when it opened its doors for business. A breath of fresh air in terms of architecture and ethos, the deluxe Sri Lankan-styled resort offered a 

Hayleys to acquire Singer Sri Lanka for Rs.12.5bn

Diversified conglomerate Hayleys PLC, continuing with its buying spree, yesterday struck a mega deal to acquire a 71 percent stake in leading consumer durables retailer Singer (Sri Lanka) PLC (SSL) in a whopping Rs.12.5 billion deal.

Pulsar Power stuntmen shine at AFC Motor Bike Show

Sri Lanka's most outstanding motorcycle stunt team, Pulsar Power Stunt Team, showed their prowess by winning the AFC Motor Bike Show Stunt Challenge in Nuwara Eliya last weekend.

DFCC Bank offers the best rewards this Avurudu with the Avurudu Hat Trick Campaign

DFCC Bank recently launched the ‘Avurudu Hat Trick Campaign’ in time for the Sinhala/Tamil New Year and existing and new DFCC customers can visit any of its branches island-wide to enjoy the 

Oman Air Announces The Addition Of Roja Perfumes To Its Exclusive On Board Portfolio

Oman Air, the national airline for the Sultanate of Oman, will be adding to its exclusive portfolio of on-board products with a brand new collaboration with Roja Perfumes exclusively available to First and 

Ceylon T-Cup co- sponsored by Sri Lankan Airlines and Lanka Sportreizen – Day 2

The 2nd day of the Ceylon T-Cup race, saw over 30 riders reach Kandy. The riders departed from Mahiyanganaya to reach Kandy via Hasalaka, Udadumbara, Hunnasgiriya, Rambukwella, Orutota, 

Ceylon T-Cup co- sponsored by Sri Lankan Airlines and Lanka Sportreizen flags off in Pasikudah – Day

The 1st day of the Ceylon T-Cup race flagged off from Pasikudah on Friday 07th of April 2017. Over 30 riders, including international and local cyclists gathered at Pasikudah for the start of the