Ceylon Chamber to hold talent management session on March 24

HR practitioners representing firms from diverse sectors will present their expert insights on how to manage talent in order to become an innovation driven business, during the ‘Plenary 1’ of the 

Ceylinco Life ends 2016 as country’s No 1 life insurer for 13th year in a row

Strong growth in new business and noteworthy returns on investments generated Rs 23.43 billion in total income for Ceylinco Life in FY 2016, during which the company retained its position as the market leader in Sri Lanka’s life insurance industry for the 13th consecutive year.

Sri Lanka’s first education resource comparison platform launched

Comparison Private Limited unveiled Sri Lanka’s first education resource comparison platform — YouCompare.lk (YC) this week.

Crescent Global South Asia sponsors Sri Lanka Insurance Awards

When the crème de la crème of the local insurance industry come together to meet the students who have won awards and obtained exam certificates from the Sri Lanka Insurance Institute, it creates a day to remember.  

No society can sustainably develop without gender equality: WB Country Director

Following is the full text of the speech by World Bank Country Director for Sri Lanka and the Maldives Dr. Idah Z. Pswarayi-Riddihough made at a ceremony held at the Colombo Stock Exchange yesterday to celebrate the International Women’s Day.  

Nestlé Kurunegala Factory showcases best practices in manufacturing Milo RTD

Nestlé Lanka recently hosted an international workshop at its Kurunegala factory, where best practices in manufacturing Milo RTD (Ready-To-Drink) were showcased to Nestlé participants

New Edition of Fashion + Food by HSBC Colombo Fashion Week inspires signature dishes

Every season HSBC Colombo Fashion Week partners with four premier restaurants in Colombo to curate unique, limited edition menus and signature dishes from the 13th to the 19th March,

CIMA unveils corporate partners for 2017

Celebrating its 10th year, the CIMA Corporate Partners Summit gave away mementoes to 22 corporate partners for the year 2017 at an event held in Colombo.

SLIM - Nielsen People’s Awards 2017 on March 10

Sri Lanka Institute of Marketing (SLIM), the national body for marketing, and Nielsen Sri Lanka, the local arm of the largest information and research company in the world, have joined hands yet again to conduct SLIM - Nielsen People’s  Awards 2017.

PLC’s Uresh Jayasekera amongst ‘100 most influential global HR professionals’

Uresh Jayasekera, who works as People’s Leasing & Finance PLC (PLC) Group Head of Human Resources, was recognized amongst ‘100 most influential global HR professionals’ at the World HRD Congress – Silver Jubilee celebration held at Taj Lands’ End Hotel, Mumbai, India recently.

Engaging employees to deliver a branded customer experience

When we think about what makes a brand great, we often define it through our own experiences. And while we may experience brands through a logo, advertising or websites, the most critical touchpoints  are people.

MBSL & Finance crowned as Emerging Financial Institute of the Year

Making it official, this February, Merchant Bank of Sri Lanka (MBSL) & Finance PLC was crowned the ‘Emerging Financial Institute of the Year’ at the Middle East Asia Leadership Summit Awards 2017.

NDB to raise equity capital to support growth, meet BASEL III requirements

NDB Bank PLC, the country’s top project financier turned fully-fledged commercial bank, says it will raise capital this year to support future growth and BASEL III capital adequacy requirements. 

Pan Asia Bank offers up to 17% for fixed deposits

Pan Asia Bank has come out with a long-term fixed deposit promotion where customers get the opportunity of receiving interest up to 17 percent p.a. for fixed deposit terms of two, three, four and five years. 

John Keells Holdings continues to power CA Sri Lanka with lead sponsorship

Leading conglomerate, John Keells Holdings PLC (JKH), continued to power the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) with yet another lead sponsorship, in an effort to help the professional body continue to develop and enhance the accounting profession in the country. 

Sampath rewards e-Remittance ‘Cash Wasi IV’ winners

Sampath Bank, one of the leading banks in Sri Lanka, has continuously placed unwavering efforts in its services and activities to strive to go beyond the norms of the banking industry in order to offer ultimate benefits with premium convenience and additions to its customers.

Towards a robust national trade policy: Some issues to consider

The Sri Lankan government is currently preparing the country’s first-ever ‘national trade policy’, a document that will provide the framework for Sri Lanka’s international trade engagements. 

Demonetising Rs.5000 note: Boon or bane?

Recently, when a news item appeared in a newspaper that the government was preparing to demonetise the Rs.5,000 currency note, Finance Minister Ravi Karunanayake was quick to react. 

VirtusaPolaris’ CIO among India’s best 50 CIOs

VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., and a leading worldwide provider of information technology (IT) consulting and outsourcing 

ESET sheds light on mobile security

Sri Lanka now has more active mobile phones than people. 

India’s Reliance Capital sells stake in Paytm parent to Alibaba

REUTERS: India’s Reliance Capital Ltd has sold a less than 1 percent stake in payments and e-commerce startup One97 Communications to Alibaba Group Holding for Indian rupees 2.75 billion (US $41.25 million), a source with direct knowledge of deal said yesterday.

IMF flags off mounting economic imbalances as third tranche hangs in balance

The International Monetary Fund (IMF) yesterday flagged off a number of imbalances in the country’s monetary, fiscal and external sectors and urged some decisive actions by the authorities to accelerate the reforms agreed on state-owned enterprises (SoEs) weighing heavily on public finances. 

Leading insurer grumbles over uneven playing field

A leading insurance provider has expressed disappointment over some insurance companies not following state regulations even two years after such regulations came into force, which has created an uneven playing field for  the industry.

Beira Group IPO oversubscribed

Brush maker BPPL Holdings, which is also known as Beira Group, yesterday saw its initial public offering (IPO) getting oversubscribed on the opening day.

S&P affirms ‘B+/B’ rating on SL; outlook remains negative

S&P Global Ratings yesterday affirmed its ‘B+’ long-term and ‘B’ short-term sovereign credit ratings on Sri Lanka. The outlook on the long-term rating  remains negative. 

Mixed sentiments over possible property bubble

Construction sector stakeholders recently expressed mixed sentiments over the possibility of a real estate bubble forming in the Colombo district amid concerns being voiced from various quarters, 

Rupee ends steady; bond flow direction eyed

REUTERS: The Sri Lankan rupee ended steady in thin trade yesterday as mild importer dollar demand offset sales of the greenback by exporters while traders awaited cues on foreign selling in bonds, dealers said.

Top Chinese delegation inspects H’tota port, airport

The Board of Investment (BOI) said it recently hosted a delegation consisting of senior officials from Chinese People’s Political Consultative Conference of Shanghai (CPPCC).  

PickMe cab service makes great impact in cost and time management

PickMe, Sri Lanka’s first mobile taxi hailing company says that an efficient cab service can prove to be a great asset in terms of cost as well as time management for users.  

Sino Great Wall Engineering to build Dusit Thani beach property in Balapitiya

The construction contract of Dusit Thani Sri Lanka’s beachfront project in Balapitiya was awarded to China’s Sino Great Wall International Engineering (Pvt.) Ltd, as the officials of the two companies entered into an agreement at Dusit Thani’s Colombo sales office this week.