Orange Electric join hands with Construction Expo 2017

Construction Expo 2017, Sri Lanka’s most comprehensive exhibition featuring all aspects related to the construction and building industry is scheduled to be held on 2nd – 4th June at the BMICH. 

Insee Cement launches Insee Academy

Siam City Cement (Lanka) Ltd (SCCCL) – the manufacturers and marketers of Sri Lanka’s most popular brands of cement including ‘Sanstha Cement’ and ‘Mahaweli Marine Cement’ launched the Insee Academy on 23rd March in Colombo. 

HNB offers concierge services to private banking customers

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. 

SDB shifts Kekirawa branch to new location

The Kekirawa branch of SDB Bank was relocated to its new premises on April 3, 2017. 

Union Assurance introduces ‘e-Consultant Insurance’

Union Assurance has continuously introduced innovative products and processes setting a benchmark in the insurance industry. 

Union Bank appoints two new Directors

The board of directors of Union Bank of Colombo PLC announced the appointment of Trevine Fernandopulle and Dilshani Gayathri Wijayawardana as Independent Non-Executive Directors, with effect from April 1, 2017.  

Benefit from Avurudu’s good fortune through NDB Wealth’s retirement plans

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.

Insurance made easy with InsureMe.lk

InsureMe.lk is Sri Lanka’s first insurance comparison web platform that helps customers compare the features of different insurance policies within a specific category and purchase insurance online. 

Why international financial cooperation remains essential

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

EDB to promote trade with Hong Kong

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.

Brandix felicitates employee adjudged C’wealth Young Person of the Year

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.

IPM 2nd Research Symposium contributes to understanding new HR frontiers

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. 

Aligning your organisation and brand for performance

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.

SLIM launches Certificate in Digital Marketing

The Sri Lanka Institute of Marketing (SLIM), the national body for marketing, unveiled Sri Lanka’s pioneering certificate course in digital marketing (CDM) recently at The Kingsbury Hotel.

Prof. Norbert Lammert on official visit

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

State-owned Laksala posts Rs.4mn net profit for 2016

Sri Lanka’s leading national market facilitator for its historic arts and crafts has turned around with surging profits.

DFCC Vardhana Virtual Wallet users can send/receive money and avail of exciting retail discounts for

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 

Power generation woes to intensify SL’s trade deficit worries

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.

Agalawatte Plantations back in spotlight for all wrong reasons

A case of major corporate skullduggery has been unearthed at Agalawatte Plantations PLC (AGAL), where the ex-owners and the management were alleged to have squandered billions of rupees on extravagant projects, duping employees, bankers  and shareholders.

BPPL Holdings makes CSE debut

Brush manufacturer and exporter of sanitary maintenance tools, BPPL Holdings Limited (BPPL), also known as Biera Group, rang the opening bell to commence trading and celebrate the listing of its shares on the Colombo Stock Exchange  (CSE) yesterday.

RIL Property IPO snapped up on opening day

The Rs. 960 million Initial Public Offering (IPO) of commercial office space owner, developer and manager, RIL Property Ltd., was oversubscribed within minutes of the issue opening yesterday on the Colombo Stock Exchange (CSE).

CSE awaits SOE listings to reignite market

The top management of the Colombo Stock Exchange (CSE) is depending on the listing of state-owned enterprises to reignite the bourse, after two and a half years of stagnation.

India’s Asian Paints acquires SL’s Causeway Paints for Rs.9.05bn

India’s Asian Paints has acquired Sri Lankan paint maker Causeway Paints Lanka (Pvt) Ltd. in a deal to the tune of Rs.9.05 billion, Indian media reports said.

Cargills commissions SL’s largest multi-product dairy manufacturing plant

The Cargills group this week commissioned the country’s largest multi-product dairy manufacturing plant in Banduragoda, Gampaha, as a part of its Rs.3 billion dairy expansion project which began two years ago. 

Ease of Doing forum for PPP interaction on Thursday at MILODA

The Ease of Doing business forum, an initiative by the Ministry of Finance to fast track the business processes and maintain a continuous dialogue between the government agencies and the private sector organizations will hold its 12th forum at 2.00 pm on the 06th at MILODA, Colombo 01.

CA Sri Lanka recognizes 13 accredited learning partners

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently recognized 13 professional education providers as Accredited Learning Partners. 

CMA conducts discussion on capital market

An evening discussion on the capital market as a source of corporate finance was organised by the Continuing Professional Development (CPD) Committee of the Institute of Certified Management Accountants of Sri Lanka (CMA) recently, at the auditorium of the CMA

BGRC Karting Championship Flags Off New Season

The first round of the highly competitive BGRC Karting Championship 2017 was held at the Sri Lanka Karting Circuit (SLKC) in Bandaragama recently. 

HNB offers concierge services to its Private Banking Customers

HNB announced its commencement of concierge services for their high net-worth customers at ‘Club’ and ‘Priority Circle’ giving them 24x7 access to bespoke services which is much likely of having a 

DSI Mega 2017 Shopping Festival Opens With A Bang

The ultimate shopping festival, theDSI Mega 2017, was declared open on the 1st   of April. Happening at the head office complex of D. Samson and Sons (Pvt) Ltd, at No. 257, High Level