Fast-changing Colombo landscape

An aerial shot of the Colombo Port City or Colombo International Financial City, of which the land reclamation is underway. 

German Travel Association mulls holding next AGM in Sri Lanka

Deutscher Reise Verband (DRV), also known as German Travel Association, may hold its annual general meeting (AGM) in Sri Lanka with the participation of over 800 of its members, a media statement from Sri Lanka’s Tourism Ministry said.

Rupee ends weaker ahead of cbank rate review

REUTERS: The Sri Lankan rupee ended slightly weaker in thin trade yesterday as dollar demand from importers surpassed selling of the US currency by exporters, with investors waiting for the Central Bank’s decision on interest rates.

Shares fall to 1-yr closing low, rate review in focus

REUTERS: Sri Lankan shares fell for a second straight session yesterday to a more than one-year closing low as expectations of an interest rate hike continued to drag down the market ahead of the Central Bank’s monetary policy review.

French aid agency arm mulls more equity investments in Sri Lanka

ECONOMYNEXT: Proparco, the private sector arm of Agence Française de Dévelopment (AFD), France’s development agency, is looking for investment opportunities in Sri Lankan companies as it expands investments in equities, an official said. 

Flemingo secures contract to carry out duty free operations at BIA

Sri Lanka’s Transport and Aviation Ministry has awarded a five-year duty free contract to Flemingo Duty Free to operate one of the two core category spaces at Bandaranaike International Airport (BIA) following a successful tender process.

Clarks-DSI open 3rd store in Colombo

Expert shoemakers, Clarks, launched its third store in Colombo through its sole distributor in Sri Lanka, D. Samson & Sons (Pvt.) Ltd.

Bernard Botejue-ReForest join for a greener tomorrow

A large-scale environmental project was witnessed in Ratnapura recently, spearheaded by the oldest apparel manufacturing company in Sri Lanka. Implemented under its key annual corporate social responsibility (CSR) initiative, Bernard Botejue Industries (Pvt.) Ltd joined hands with ReForest Sri Lanka to successfully reforest seven acres of land in Ratnapura. 

Asiri Hospitals with American Oncology Institute to launch world-class Cancer Centre

Asiri Hospitals, in its continuing endeavour to bring world-class healthcare to Sri Lanka, has signed a collaboration with the American Oncology Institute, the international arm of US-based Cancer Treatment Services International (CTSI), to launch the country’s first comprehensive Cancer Care Centre in the private sector.

Savings up to 30% for Union Bank debit cardholders this Avurudu

This Avurudu season, Union Bank debit cardholders will have the opportunity to enjoy sizeable savings on their seasonal shopping with a range of discounted offers on clothing, jewellery, homeware and furniture at leading retail  outlets islandwide.     

Singhagiri establishes ‘Encourage’ for CSR activities

Business isn’t all about the bottom line for Singhagiri, said Singhagiri Private Limited Director Chathurika Othnapitiya. ‘Encourage’ is established by Singhagiri to go an extra mile to give a little something back to the community, to employees and the world at large.

CIC Seeds felicitates 20 long-standing farmers

Twenty long-standing farmers were honoured by CIC Seeds (Pvt.) Ltd during a felicitation ceremony held at Shalika Hall, Dehiattakandiya recently. 

Osethma Moringa capsule with goodness of drumstick tree in market

A renowned name in the Ayurveda medical sector in Sri Lanka, Osethma Ayurveda Hospital, has introduced a herbal product that contains most of the nourishment of the drumstick tree (Moringa) under the name Osethma Moringa.  

Why we must empower ourselves continuously

Empowering ourselves is a goal we seek to achieve every day. It can be a simple process or it can be one that is drawn out and complex. Yet the idea is to update, upsurge and upscale our capacity and capabilities into doing things better than before. Empowering ourselves is deliberate and planned and usually cannot  happen overnight.

LB Finance opens doors to Atchuvely

LB Finance, Sri Lanka’s trail-blazer in innovative financial services, recently opened its newest branch at No: 60, Main Street, Atchuvely.

CDB Kotahena branch unveils superior revamped premises

Offering customers state-of-the-art modern finance facilities enabling efficient and professional financial services, CDB recently opened its superior revamped Kotahena branch at No: 30, Sri Ramanathan Road, Colombo 13.

Maliban Smart Cream Cracker wins Advertisement of the Year at People’s Awards

Maliban Smart Cream Cracker being awarded the Advertisement of the Year at the recently concluded SLIM-Nielsen People’s Awards 2017 held at Water’s Edge, was testimony to disruptive communication creating a lasting connect with consumers.   

Aitken Spence Printing wins at GSK 2016 Global Environmental Sustainability Awards

Aitken Spence Printing received the prestigious GSK 2016 Environmental Sustainability Award alongside the US-based DOW Chemical Company. 

SOS Children’s Villages President receives Sri Lanka Ranjana Award

In recognition of not years, but decades of untiring efforts put into creating ‘A Loving Home For Every Child’ in Sri Lanka, the SOS Children’s Villages International President Siddhartha Kaul was bestowed with the prestigious Sri Lanka Ranjana Award at a ceremony held earlier this week at the Nelum Pokuna Theatre in Colombo.

Pannipitiya Private Hospital most tech savvy in Sri Lanka

Sri Lanka’s premier private hospital, Pannipitiya Private Hospital, parallel to its 20th anniversary celebrations has introduced several modern technological features to its portfolio for the benefit of its patients.

Marina Spread relaunched with new look

To further strengthen its presence locally as well as internationally, Marina Foods (Pvt.) Ltd, a member of NMK Holdings, recently reintroduced Marina Spread with a new look to be on par with the international standards.

Port City facilitates workshop to improve fisher folk’s income

A special training workshop was held by the Fishermen Livelihood Support Society at the St. Mary’s Church hall in Negombo to improve the earning capacity of fisher folk in the area.

International TB Day 2017 – Unite to end tuberculosis

Today, the United Nations celebrates the International Tuberculosis Day under the theme ‘Unite to end TB: Leave no one behind’. This is a World Health Organisation’s (WHO) End TB Strategy, which calls for a 90 percent reduction in tuberculosis (TB) deaths and an 80 percent reduction in the TB incidence rate by 2030. The focus this year is to address issues relating to stigma, discrimination, marginalization and access to care.

Rohaka Company receives Star Performance Award

Rohaka Company (Pvt.) Ltd, a renowned company in the administration of overseas educational opportunities for the students, was awarded the international Star Performance Award recently. 

NDB launches Kohetath Kalin Kohatath Kalin Avurudu promo

National Development Bank (NDB) has made this Avurudu season better than ever with the launch of its Kohetath Kalin Kohatah Kalin early Avurudu promotion.  

Expack embarks on mission to create social value

When a business is caught up with day-to-day work, it’s easy to forget that they are closely intertwined with the immediate community they operate in and does not exist in isolation. Leading packaging solutions provider, Expack is acutely aware of the important of creating social value beyond corporate social responsibility (CSR) and has amplified its community engagement activities in recent years. 

Everjobs.lk announces first-ever Paperless Job Fair in Sri Lanka

In a move of revolutionary genius, Sri Lanka’s fastest growing online career platform, everjobs.lk, announced the launch of the first-ever Paperless Job Fair in the country. 

Coca-Cola-empowered women entrepreneurs on Women’s Day prove they are bold for change

Coca-Cola Beverages Sri Lanka Ltd organised an internal event for its executive staff on March 8. At this inspirational event, leading women entrepreneurs in Coca-Cola’s 5by20 network were converged on the venue from diverse regions such as Negombo, Hambantota, Vavuniya and Kandy, to share their success stories with a rapt audience. 

AIA appoints David Beckham as Global Ambassador

AIA Group Limited, the largest independent publicly listed pan-Asian life insurance group, yesterday announced the signing of a multi-year agreement with David Beckham, under which he will become the company’s Global Ambassador. 

SriLankan Cares launches project to uplift youth in Mullaitivu District

SriLankan Cares, the corporate social responsibility arm of SriLankan Airlines, has embarked on a remarkable journey to empower and uplift thousands of youth, women and children in the Mullaitivu District, one of Sri Lanka’s most underprivileged regions.