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General Electric (GE), one of the world’s largest publicly traded companies, has a large footprint in Sri Lanka’s energy, transportation and health sectors. In an interview with Mirror Business, GE South Asia President and CEO Banmali Agrawala recently outlined the company’s operations in Sri Lanka and the potential available in the sectors it has a footprint in Sri Lanka. Following are the excerpts from the interview.
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The Ceylon Chamber of Commerce, with its drive to develop a competent, productive and skilled workforce and uplift the trade standards within Sri Lanka, has partnered with Hayleys Advantis
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The real estate industry has been more resistant to technological change than other industries, but with so much at stake—US$ 54 trillion globally—the first firms to break through with leading edge technology stand to gain a fortune.
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The strong degree of overseas interest in high-end Sri Lankan property developments was in ample evidence when an influential parliamentary and business delegation from Canada was hosted in Colombo recently by Altair, the twin tower luxury condominium redefining the Colombo skyline.
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Hatton National Bank (HNB) announced its commencement of concierge services for its high-net-worth customers at ‘Club’ and ‘Priority Circle’ giving them 24x7 access to bespoke services, which is much likely of having a personal assistant or a porter.
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With Avurudu again upon us, many have already started celebrating the age-old rituals that are a cornerstone of a good harvest season, helping usher in good fortune for the new year. One such tradition is ganu denu, the first financial transaction of the season.
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Economic growth appears to be strengthening across the large economies, but that does not mean financial sector regulation can now be relaxed. On the contrary, it remains more necessary than ever, as does international cooperation to ensure the safety and resilience of global capital markets. That is why the Group of Twenty (G20) finance ministers and central bank governors reiterated their support for continuing financial sector reform at their
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A team of representatives from the Hong Kong Trade Development Council (HKTDC) met the officials of the Export Development Board (EDB) last week to strengthen trade between the two countries. The EDB signed a memorandum of understanding (MoU) with the HKTDC in 2015 and the purpose of the recent visit was mainly to monitor the progress of trade development activities between the two countries and to extend the MoU for a further period.
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A young female executive employed at Brandix, who won global recognition for herself and her country through her community work, has been felicitated by her company as an inspiration to her peers and co-workers across the group.
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IPM Sri Lanka – the nation’s leader in human resource management – conducted the IPM Second Research Symposium on the theme ‘Exploring New Frontiers in HR: Creating Value’ recently at Galadari Hotel in Colombo.
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As business and consumer markets become more competitive and customers become more demanding, companies must work harder to secure the fundamental relationships that fuel their business growth. Building distinctive relationships with customers is what branding is about, whatever the market, whoever the client.
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Professor Norbert Lammert, who has served as President of the German Bundestag since October 2005, arrived in Colombo on an official visit on Monday. Dr. Lammert was warmly welcomed by Markus Marti, General Manager of Mövenpick Hotel Colombo and the team
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DFCC’s Vardhana Virtual Wallet (VVW) offers limitless benefits and DFCC Bank is proud to spearhead this unique digital innovation in the banking industry. The VVW has now been extended to
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Sri Lanka’s trouble with its trade account is set to continue for the foreseeable future as the provisional data released for this year have indicated a further widening of the country’s trade deficit due to current power generation largely depending on petroleum imports.