SriLankan Cares sponsors ‘Daskon-Pramila’ to help underprivileged communities

SriLankan Cares, the community development arm of SriLankan Airlines, has embarked on a special ‘Village Heartbeat Project’ with Foundation of Goodness to develop the lives and careers of people in underprivileged communities in Oddusuddan and Mullaitivu in the Northern Province.

Dipped Products’ Firstlight wins Gold at JASTECA Awards

Dipped Products PLC, Hayleys Group’s internationally-renowned glove manufacturing subsidiary, emerged as winners of the Ian Dias Abeysinghe Memorial CSR/Sustainability award at the recently concluded Japan Sri Lanka Technical & Cultural Association (JASTECA) Awards 2016. 

India’s MBD gifts e-learning classes for two Sri Lankan schools

India’s MBD, one of the country’s largest education companies, will gift two Sri Lankan schools with two integrated digital  learning solutions. 

Union Assurance emerges winner at ACCA Sustainability Awards 2016

Union Assurance was adjudged the winner in the Financial Services and Insurance category by the Association of Chartered Certified Accountants (ACCA) at the Sustainability Reporting Awards ceremony held on 28th February. 

Asia and the tide against globalisation

The Trans-Pacific Partnership is dead; the largest free-trade zone in the world, the European Union, has splintered and the global economy is on the way to notching up a decade of sub-par growth in trade and output following the global financial crisis.

Meeting impending economic challenges: When going gets tough, the tough have to get going

 No policymaker will deny the fact that Sri Lanka, at present, is facing an extremely precarious economic situation. The looming challenge, if not prudently managed, will drive the country into negative territory in international ratings, making it extremely difficult to attract foreign portfolio and direct investment. 

HNB opens newly relocated Nugegoda customer centre

Catering to rapid growth in commercial and retail banking activity, leading private commercial bank, Hatton National Bank PLC (HNB), officially opened its newly relocated Nugegoda customer centre at No. 190, High Level Road.

ComBank’s NFC payment machines at Dialog outlets

Commercial Bank of Ceylon has entered into an agreement with Dialog Axiata to install its near field communications (NFC)-enabled point-of-sale machines at key Dialog outlets islandwide. 

Seylan Bank launches Facebook Messenger chatbot

Lauded as Sri Lanka’s most digitally engaging bank, Seylan Bank expanded its digital customer support services by introducing Seylan Messenger Bot – a chatbot that responds to customer queries via Facebook Messenger. 

A prelude to accountancy profession

It is an honour to share such a great profession as a Chartered Accountant (CA). A profession that has been evolved over thousands of years, weathered various storms and tested for time. The accountancy profession not only survived but also thrived to be one of the demanding professions globally. 

Samsung rewards Kirindiwela Singhagiri branch that produced a winner

Samsung gave away a Rs.1 million cash prize to the Kirindiwela Singhagiri branch from which the lucky winner Ruwan Tharanga won his apartment in the innovative Win Your Home consumer promotion conducted by Samsung recently.

Sri Lanka impresses at ITB travel show, attracts German market

The Sri Lanka pavilion was a star attraction at the ITB Berlin 2017 international travel show which opened in Germany this week. 

Shangri-La says being first had its complexities

The Shangri-La Colombo is the trial and error project for the entire mixed development industry in Sri Lanka, which caused some delays in its construction, an official said.

Le Pen win is Europe’s biggest risk: Credit Suisse

AFP: France’s Marine Le Pen is the biggest risk to European stability, Credit Suisse said in a guide launched yesterday to help investors navigate the upcoming “defining” months facing the continent.

SLPA records Rs.11bn operating profit for 2016: minister

Sri Lanka Ports Authority (SLPA) has made an operating profit of Rs.11 billion for the year 2016, up 83 percent from a year ago, on the back of revenue of Rs.44 billion, a Ports and Shipping Ministry statement said. 

Shares fall for third straight session; John Keells down

REUTERS: Sri Lankan shares fell for a third straight session yesterday, posting their lowest close in a month, dragged down by diversified stocks such as John Keells Holdings Plc as investor sentiment continued to remain low on concerns about rising interest rates.

Rupee ends firmer amid moral suasion

REUTERS: The Sri Lankan rupee ended slightly firmer yesterday as a state bank sold dollars amid moral suasion by the Central Bank after the local currency fell on importer greenback demand, dealers said.

Govt. mulls introducing military grade filter to fight CKDu

Sri Lankans with poor access to clean drinking water will be able to use British military grade ‘Lifesaver’ water filters for an affordable price in the near future to convert polluted water available in their community to clean water, Sri Lanka’s Finance Minister said yesterday.

Assidua Technologies celebrates 5th anniversary

Sri Lanka’s pioneer power solution company Assidua Technologies (Pvt.) Ltd celebrates its fifth anniversary with grander and brilliance with overwhelming compliments from its large clientele islandwide.

Hela Clothing to invigorate apparel industry with Microsoft

Hela Clothing, a leading apparel manufacturer, partnering with Microsoft recently embraced digital transformation to revitalize the apparel industry. 

Lucky Kottawa Factory wins National Quality Award

Lucky Kottawa Factory, dedicated to manufacture high-quality tea, was recognized with the Quality Award under the Manufacturing - Small category at the National Quality Award ceremony organised by the Science and Technology Ministry.

Metropolitan launches Canon cloud-enabled smart printers

Metropolitan Office (Pvt.) Ltd, together with Canon, the world leader in imaging and printing products, launched the innovative inkjet printing solutions, expanding its portfolio for corporate and small office users. 

IAC enhances Britex paints and coatings brand

Industrial Asphalts (Ceylon) PLC (IAC), a leading company well reputed for its bitumen-based products and a wide range of paints and coatings owning many prestigious brands, has undertaken to reinvigorate one of its main brands, Britex, the premier full range of colour anti-corrosive and general-purpose metal coatings, trusted by generations for more than 50 years of continuous presence in the market. 

Canagey appointed CEO/MD of ICTA for second term

The Information and Communication Technology Agency (ICTA) of Sri Lanka has appointed Muhunthan Canagey as CEO & Managing Director for a second term. 

Sri Lankan think tanks in global Think Tank Index 2016

Few Sri Lankan think tanks have been rated in global rankings in a recent research report published by University of Pennsylvania under a study on Think Tanks and Civil Society Programmes (TTCSP). 

New Zealand Minister visits Ceylon Chamber and Colombo Tea Auction

David Bennett, New Zealand’s Minister of Food Safety and Veteran Affairs, who was in Sri Lanka on a three-day visit along with a business delegation visited the Ceylon Chamber of Commerce this week. 

Standard Chartered to sponsor FA’s Sri Lanka Investment Summit

Standard Chartered is once more the international lead sponsor of Finance Asia’s Sri Lanka Investment Summit – the second edition. 

Oman Air agreed new partnership with DHL Express

Oman Air, the national carrier of the sultanate of Oman, is excited to announce a new partnership with DHL Express, a division of the German logistics company Deutsche Post DHL.

A book launch where silence reigned.

“Turn you attention inward. Become aware of your posture, how you sit on the chair. Notice all your body sensations, notice any tensions that may be present, gently relax those places

Blue Mountain Group reinforces its commitment to the planet with new national reforestation project

The Blue Mountain Group (BMG) recently reiterated its commitment to protecting the planet and spearheading national reforestation efforts by initiatingthe ‘Transforming Sri Lanka towards