Innovation, catalyst for sustainable economic development: academic

A leading academic in the country recently stressed that more decisions should be taken from the state side that would embrace innovation, noting that eco-innovation should be done with a broader mindset but not simply to make an extra income or capital.

‘Women Icons’ Singapore honour for Indrani Fernando

The inaugural edition of the Women Icons Summit & Awards, a premier platform that celebrates and honours the accomplishments and contributions of women who have excelled in different spheres of life, was held amidst great fanfare at the Raffles Town Club recently. The summit felicitated Women Achievers from South & SE Asia, representing diverse sectors as a celebration of their grit and achievements.  

Softlogic Life’s top performers shine at Life Sales Convention 2017

With a fitting theme of ‘Leading Life with Pride’, which demonstrates the distinction brought in for their policyholders, Softlogic Life Insurance PLC celebrated the achievements of its top Life Sales performers at the annual Life Sales Convention, held at the BMICH recently.

Great leaders will make their team members feel safe

Leaders are people who do the right thing; managers are people who do things right.  

Dialog introduces first VoLTE smartphone in Sri Lanka with Samsung

Dialog Axiata joined hands with Samsung Sri Lanka to enable Voice over Long-Term Evolution technology (VoLTE) for Samsung GalaxyJ5 and J72016smartphone users.

Samsung launches Galaxy S8 and dreams of recovery from Note 7

REUTERS:  Samsung Electronics Co Ltd unveiled its Galaxy S8 flagship smartphone as it battles to regain the market leadership it lost to Apple Inc after the embarrassing withdrawal of the fire-prone Note 7s.

Four misconceptions about Cloud

The present market is evolving into a system of connected enterprise. Thus, cloud has become the central driver for this evolution as the primary focus shifts towards accommodation of future scalability and improving business efficiency.

Google, Amazon eye Toshiba’s chip unit

AFP: Google and Amazon joined a list of potential buyers eyeing Toshiba’s lucrative memory chip business as the Japanese conglomerate seeks bidders to cover huge losses, a newspaper said on Saturday.

OPPO’s latest F3 Plus ‘Selfie Expert’ enters Lankan market with special features

OPPO’s latest smartphone, the F3 Plus ‘Selfie Expert’, hit stores in Sri Lanka last weekend and MirrorBusiness got a first look at the phone last week.

DSI Mega 2017 Shopping Festival Opens With A Bang

The ultimate shopping festival, the DSI 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 

Achilleion to provide Sri Lanka’s 1st 7 Star luxury experience even before you move in

Sri Lanka’s foremost real estate giant, Blue Mountain, is offering an exclusive opportunity to customers who pre-book by 20th April 2017 to experience 7-star luxury and magnificence even before 

Alliance Finance receives Merit award at Social Dialogue & Workplace Cooperation competition

Alliance Finance Company PLC (AFC), the third oldest finance company in Sri Lanka, recently received a Merit award in the Large-Scale category under the Services sector at the Social Dialogue & Workplace Cooperation competition organised by the Labour Department of Sri Lanka. 

‘Fuze’ by Rum Punch: launch of first online custom swimwear design portal

Rum Punch, the chic Sri Lankan resort wear brand inspired by vibrant tropical hues and island life style unveiled a game-changing online swimwear portal as a solution for design customization. 

Achilleion to provide Sri Lanka’s first 7 Star luxury experience even before moving in

Sri Lanka’s foremost real estate giant, Blue Mountain, is offering an exclusive opportunity to customers who pre-book by 20th April to experience 7-star luxury and magnificence even before moving into their plush Achilleion apartment. 

Insee Cement highlights huge strides in sustainable construction through innovation

An unprecedented collaboration between Sri Lanka’s representation of the Council on Tall Buildings and Urban Habitat (CTBUH), with the CTBUH Chapter in India resulted in a very promising inaugural Regional Tall Building Forum 2017, which concluded at the Sri Lanka Exhibition and Convention Center (SLECC), Colombo recently.

Colombo City Centre mall to introduce world-class shopping and entertainment

Individuals residing in Colombo look forward to the evenings and weekends as an opportunity to spend quality time with family, hang out with friends, and fully recharge before heading into work or college the next day. 

Europe, US still more attractive than Asia for commercial property investors: JLL

CNBC: Asian property plays are exciting, but it’s commercial real estate in Europe and North America that are the most attractive to investors, a study by consultancy JLL found.

Inflation hits multi-year high as March prices up 7.3%

Sri Lanka’s headline inflation hit a multi-year high of 7.3 percent in March, accelerating from 6.8 percent in February mainly due to the base effects through the recent drought and the demand push factors.

PM’s biography to be launched tomorrow

Business personality, Dinesh Weerakkody  will release his sixth book titled ‘Ranil Wickremesinghe: A Political Biography’ on April 04 at the BMICH at 5.30 pm , in the presence of the President Maithripala Sirisena, Prime Minister Ranil Wickremesinghe and Speaker of the House Karu Jayasuriya. 

Trump’s net worth dwindled to US $3.5 bn, Forbes says

REUTERS: While Donald Trump’s political fortunes were rising, his net worth was dropping to a mere US $3.5 billion, or roughly a third of what he claimed during his successful campaign for the U.S. presidency, according to the latest Forbes list of the world’s billionaires.

Top statistician says flawed surveys present ample space for distortions in national accounts

Ample space for distortions in national account estimates may exist due to shortcomings in conducting surveys, which requires constant vigilance, a leading statistician in South Asia said recently.

Cargills Bank turns a profit in FY16 amid favourable cost of funds, higher loans

Cargills Bank Limited turned a net profit of Rs.26 million for the year ended December 31, 2016 (FY16), 

Japanese PE firm buys 11% stake in Sunshine Holdings for Rs.742mn

The shareholding structure of Sunshine Holdings PLC (Sunshine), a diversified holding company, has been reshaping during the last four months or so in particular as the ownership is seen getting concentrated among a few strategic partners. 

Govt. tax policy blocking inclusive growth bashed

An economist has criticized the government’s tax policy on vehicle imports and the recent credit restrictions imposed on vehicle financing, 

Softlogic to help SL beat the heat with Vego air coolers

As temperatures begin their ascendance towards the seasonal peak in Sri Lanka, Softlogic Holdings is offering a way to beat the heat without the high investment and operating costs associated with traditional air-conditioning.

BPPL Holdings revenue up 19% to Rs.2.2bn

Brush manufacturer and exporter, BPPL Holdings, announced its interim unaudited financial results for the 11-month period April 2016 to February 2017. 

SMB Leasing expands geographic footprint with new Negombo branch

SMB Leasing marked a new chapter in its remarkable turnaround story inaugurating another branch in Negombo. 

Intensive week for German-Sri Lankan relations

Following the official visit of President Maithripala Sirisena to Germany in February 2016 and visits of numerous business and parliamentary delegations from Germany to Sri Lanka last year, the upcoming events of this week will again underline the growing intensity of German-Sri Lankan relations. 

Liquor licensees-Inland Revenue officials iron out VAT issues in Matara

The members of the Liquor Licensees’ Association in the south and the officials of the Inland Revenue Department ironed out the problems that have arisen with the introduction of the new value-added tax (VAT) schemes at a workshop held in Matara yesterday.

Port City to attract US$ 13 bn investment from 2018: company

A Chinese-backed real estate project near Sri Lanka’s main port is expected to attract US$13 billion worth of investment from next year, the developer said yesterday.