NDB Capital continues scholarship programme for fourth year

NDB Capital Scholarship Trust recently celebrated the completion of four years of its scholarship programme and Annual Scholarship Awards Ceremony for year 2017 to recognize students who displayed exemplary achievements in their fields of study.

Mastercard, Educate Lanka scholarship programme empowers young Sri Lankan women

Mastercard and Educate Lanka presented the first batch of Mastercard sponsored scholarships to educate female students from socioeconomically marginalized backgrounds at a ceremony held recently in Kandy.

eChannelling Acquires ISO 9001:2015 certification

eChannelling has successfully earned the ISO 9001:2015 certification and version upgrade as a measure of the consistent quality of the products and services it offers 

The natural goodness of coconut milk

As our lives become increasingly fast-paced, we tend to hunt for and resort to a more convenient and less time-consuming alternative for every aspect of our lives.

MerlionKids International Preschool Now in Sri Lanka

MerlionKids International (MKI) has preschool centres in Singapore and China, which follow the International Childhood Education Curriculum framework

SLIM Marketers Summit 2017 a Resounding Success

The Marketers Summit 2017 held recently by the Sri Lanka Institute of Marketing (SLIM) at Waters Edgeconcluded on a successful note

Virtusa Announces Second Quarter 2018 Consolidated Financial Results

Virtusa Corporation(NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for its clients, reported

Mastercard - Educate Lanka Scholarship Program Empowers Young Sri Lankan Women

Mastercard and Educate Lanka presented the first batch of Mastercard sponsored scholarships to educate female students from socioeconomically marginalized

Govt. may change industry structure if proposed generation plans fail: PUCSL

The Public Utilities Commission of Sri Lanka (PUCSL) recently recommended the government to consider changing the structure of the power industry, if the Ceylon Electricity Board (CEB) cannot bring the procurement process for the planned power plants to normalcy, to avoid a possible power crisis and Rs.50.8 billion in losses. 

Securing the social license to operate

Asia has achieved remarkable growth and prosperity over the past decades. It is not without costs though. Part of the region’s rapid expansion happened at the expense of its environment and scarce natural resources. 

The Blue-Green Budget of unity government

The budget proposals of the unity government under the theme ‘Blue Green Budget’ for the fiscal year 2018 is expected to support the achievement of the medium-term targets such as the per capita income of US $ 5,000, one million new jobs, foreign direct investment (FDI) inflows of US $ 5 billion and doubling exports to US $ 20 billion. 

PUM Netherlands experts add value to Lankan meat products

Sri Lanka needs to work hard to increase the value of our exports in order to meet the demands of the export market and also to reach the target of doubling the export income by 2020. 

National Chamber supports ‘China Products Show 2017’

The 3rd edition of the China Products exhibition will be opened on November 22 at 10.00 a.m. at the Sri Lanka Exhibition & Convention Centre and will be graced by the Director General of Commerce as the Chief Guest. 

Brandix partners Best Pacific to produce synthetic fabric and webbing

Sri Lanka’s leading exporter Brandix has announced plans to launch a joint venture with the global synthetic materials manufacturer Best Pacific of Hong Kong to produce synthetic fabric and webbing in Sri Lanka with specific focus on warp knit synthetic fabric.

The Belt and Road Initiative and Asia’s changing order

In the two days of meetings from 8 November between President Donald Trump and President Xi Jinping in Beijing on Trump’s first state visit, it appears that they did not talk at all about the Belt and Road Initiative (BRI). 

HSBC introduces World Corporate MasterCard to Sri Lanka

HSBC is pleased to introduce the World Corporate MasterCard to Sri Lanka. Accepted at 34 million merchants worldwide, the HSBC World Corporate MasterCard is primarily for corporate clients, catering to their need for more flexible payment solutions.

ATSL Telesoft selects Cyaniq ahead of global broadbasing effort

Cyaniq, the content specialized communication consultancy was awarded the integrated communication and brand positioning project for ATSL Telesoft, a member of the Access Group, ahead of its global broadbasing effort. 

Dialog’s Tier III Data Centre obtains ISO 27001 certification

Dialog Axiata PLC, Sri Lanka’s premier telecommunication services provider, was recently recognized for receiving the ISO 27001:2013 Information Security Management Certification for its Tier III certified data centre. 

Ceylon Roots and Browns Tours conduct ‘Role of a Tourist Driver’ programme

The management of Ceylon Roots and Browns Tours in collaboration with the Chauffeur Guide Association of Sri Lanka recently conducted a service briefing programme for selected chauffeur guides and drivers at the Marco Polo Hall in Excel World, Colombo.

Allianz Lanka keeps up impressive growth momentum through 3Q17

Allianz Lanka continued to maintain its impressive performance across its general and life businesses through the nine months ended September 30th, 2017.

Abans wins accolades at HP Partners Night 2017

Abans PLC attained the prestigious ‘Best Direct Retailer – PC’ and ‘Best Service Provider – Consumer’ awards at the annual HP Partners Night 2017, which was recently held at The Marriot Hotel, Weligama.

Apple delays HomePod speaker until early 2018

VARIETY.COM: Apple’s HomePod speaker won’t be shipping in time for the holiday season. The company is delaying the commercial availability of the device until next year, it announced recently. 

Amana Takaful celebrates World Fisheries Day highlighting Samudra Shakthi benefits

Amana Takaful (ATL) recently celebrated World Fisheries Day by highlighting the benefits of its ‘Samudra Shakthi’ insurance cover for both small and large-scale fishermen and commercial fishing companies.

Interest rate volatility, a key challenge in financial services sphere: PLC CEO

This is the 14th of the Mirror Business-Colombo Stock Exchange (CSE) interview series, featuring the top executives of the S&P SL20 companies. Here, People’s Leasing & Finance PLC (PLC) CEO Sabry Ibrahim talks about PLC’s performance, future plans and industry growth prospects.

Just In Time Group partners Huawei on enterprise business

Just In Time Group (JIT), a wholly Sri Lankan owned flagship ICT systems and solutions company signed its partnership with Huawei, a leading ICT provider across enterprise and carrier business segments in Sri Lanka as a strategic partner at the recently concluded Infotel 2017 CXO event. 

Findmyfare excels at South Asian Travel Awards 2017

Sri Lanka’s largest online travel company Findmyfare (Pvt.) Ltd has emerged the winner in multiple categories at the recently concluded South Asian Travel Awards 2017, held at Equator Village in Addu City, Maldives.

Biz leaders address incubation programme

Carl Cruz, Chairman – Unilever, Selyna Peiris, CEO - Selyn Handlooms and Ravin Basnayake, Managing Director - Citi Country Officer Sri Lanka addressed a panel discussion held at the ‘#WeAre2030: Youth Dialogue and Incubation Programme,’ recently. 

Chevron Lanka cuts prices to salvage market share

Chevron Lubricants Lanka PLC (LLUB) has abandoned its strategy of defending the product prices amid losing market share and is shifting gears towards increasing its volumes, absorbing the imminent hit on the margins.  

Rupee ends steady in dull trade

REUTERS: The Sri Lankan rupee closed flat yesterday in dull trade as importer dollar demand was offset by exporter conversion of US currency, dealers said.

FHASL signs MoU to conduct study on non-banking financial institutions

The Finance Houses Association of Sri Lanka (FHASL), the APEX body for Licenced Finance Companies in Sri Lanka recently signed a Memorandum of Understanding (MOU) with the Management Faculty of the University of Colombo for the later to conduct a sector study on the role of non-banking financial institutions (NBFIs) in Sri Lanka.