NSB holds Hapan Scholarship Awards 2017 at Nelum Pokuna

National Savings Bank has been making a continuous effort to encourage the saving habit of the people of this country now for more than 45 years, teaching the nation to save.

‘Kotagala Kahata – Rasa Wasana’ concludes on high note

The ‘Kotagala Kahata – Rasa Wasana’ consumer promotion, which took place from the 22nd June to the 25th of August 2017, recently came to a successful conclusion.

Asian markets down but China opening lifts Shanghai

AFP:  Asian markets fell yesterday as traders fret over the outlook for Donald Trump’s much-vaunted tax-cut plans while profit-takers cashed in after the latest rally.

Rupee firms on remittances; budget clarity awaited

REUTERS: The Sri Lankan rupee edged higher yesterday on dollar inflows from remittances, while the market awaited more clarity on the budget policies announced a day earlier, dealers said.

Mobitel leads telecom industry in Customer Service Excellence

Sri Lanka’s National Mobile Service Provider, Mobitel, has been placed ahead of all local telcos in the ‘Customer Service Excellence’ rankings released by LMD in partnership with Kantar 

Emirates welcomes 100th A380 to its fleet

Emirates has celebrated the milestone delivery of its 100th Airbus A380 aircraft at a special ceremony with Airbus at the manufacturer’s delivery centre in Hamburg.

SriLankan voted as Best Airline in South Asia

SriLankan Airlines became the toast of the region’s airline industry when it was chosen as the ‘Leading International Airline’ at the second annual South Asian Travel Awards 2017, convincingly beating out other airlines from several countries, while SriLankan’s Business Class was named the ‘Best in Class’ among all airline cabin classes in the region.

Gulf Air launches ‘Holidays’ initiative offering packages

Gulf Air, the Kingdom of Bahrain’s national carrier, has officially launched one of the airline’s most highly anticipated initiatives “Gulf Air Holidays”, offering travellers a wide range of holiday packages and tailor-made travel solutions to destinations worldwide – across the Gulf Air network – available via holidays.gulfair.com. 

SriLankan wins award for ‘Innovation in Commercial Airline Cabins’

SriLankan Airlines added yet another prestigious award to its impressive list of recent global airline industry accolades when it won the ‘Innovation in Commercial Airline Cabins’ award at the In-flight Asia Pacific Awards in Singapore recently.

Etihad Aviation Group, Alibaba Group and Ant Financial sign MoU

Etihad Aviation Group (EAG), Alibaba Group Holding Limited (BABA) and Ant Financial Services Group (ANT Group) signed a memorandum of understanding (MoU) recently to expand their partnership and deliver superior products and services to 

Fifty thousand lives improved through Fonterra’s sustainability projects

Ensuring that every person has access to basic resources such as clean water and quality education will provide rural communities with a greater opportunity to reach their full potential, according to the Sustainable Development Goals of the United Nations.

David Bent to give keynote at ‘Best Corporate Citizen Sustainability Awards’

David Bent, world-leading advisor on sustainable business based in the UK, specialist member of Good Karma Consultants, will deliver the keynote address at the ‘Best Corporate Citizen Sustainability Award 2017’ of the Ceylon Chamber of Commerce, which will be held on the 28th November at the Cinnamon Grand Hotel, Colombo.

Allianz Lanka alerts road users at unprotected railway crossings

Sri Lanka is witnessing a steady rise in the number of accidents at unprotected railway crossings, with 256 casualties and 180 deaths related to accidents associated with railroads during this year alone.

LOLC Micro Credit supports Kilinochchi Maha Vidyalam students

LOLC Micro Credit Limited (LOMC), Sri Lanka’s only microfinance provider to have received the prestigiouscertification for Client Protection Principles, is a subsidiary of the LOLC Group.The company recently launched a social responsibility initiative to uplift the facilities of Kilinochchi Maha Vidyalam in the Northern Province. 

L B Finance partners SLFVH to help the needy

An undertaking launched by L B finance PLC to address the critical needs of the health sector in Sri Lanka and to instigate the required change that would significantly impact the lives of all citizens of Sri Lanka.

CropLife Sri Lanka addresses issues facing agriculture

CropLife Sri Lanka, with a membership consisting of 30 companies, representing the crop protection industry in the country is part of a global initiative to ensure sustainability of agriculture.

Coca-Cola partners AIESEC to activate leadership potential in Lankan youth

Coca-Cola announced its partnership with AIESEC in Sri Lanka at the Coca-Cola Youth Speak Forum on Saturday 14th October 2017.

Dammika Ganegama inspires students at De Mazenod College Career Day 2017

Mitra Innovation Managing Director and Co-Founder Dammika Ganegama recently addressed students of De Mazenod College, Kandana at their annual career day. Among the list of distinguished speakers, were: Virtusa Polaris Talent Capability Development Head Sampath Thrimavithana, Sri 

Unilever launches 4th ‘Sparks’ Student Ambassador Programme

Reaffirming its commitment to empowering the country’s future business leaders, Unilever Sri Lanka welcomed 21 undergraduate students from some of the country’s top higher education institutions to the fourth batch of its annual ‘Sparks’ student ambassador programme.

Dimo partners Skills Development Ministry to bridge skill gaps of youth

Diesel and Motor Engineering PLC (Dimo) recently signed an agreement with the Skills Development and Vocational Training Ministry to train 150 Combined Harvester Operators under the Ministry’s Employment Linked Training Programme (ELTP).

NHRDC releases ‘Gender and Women’s Participation’ report

The ‘Report on Gender and Women’s Participation’ compiled by the National Human Resource Council (NHRDC) was released at the BMICH last week.

Sustainable sourcing practices, key for business

BASF South Asia Chairman Dr. Raman Ramachandran said that sustainable sourcing practices at workplace and motivating employees are the two key elements which would ensure the stability, the future and the sustainability of a company.

From potato eaters to world leaders in agriculture

Van Gogh’s famous painting of ‘Potato Eaters’ depicts a family of poor peasants seated around a dinner table eating their staple fare. The artist confessed that this work is deeply reflective of the hard work that Dutch peasants have to do to earn a bare meal. Van Gogh frequently painted the harvest 

Banks must offer wider product suite to maximize digitalisation’s benefits: expert

Following is an interview with international trade finance expert Gary Collyer.  The International Chamber of Commerce Sri Lanka (ICCSL) will be hosting an international trade finance seminar on ‘Past Challenges and Future Opportunities in Trade Finance’. The one-day 

Financing agriculture value chains in digital age

Agriculture plays a critical role in economic growth, poverty reduction and food security. The demand for agricultural commodities is increasing, as the world’s population surges to an anticipated nine billion by 2050.

How smartphone security ushers in a new age of banking

First it was passwords. Then it was fingerprints. Now it is iris and facial recognition. The latest features on your smartphone are a key part of the evolving banking experience. 

Ministry of Crab files case against Black Crab for unfair competition

Upscale seafood restaurant Ministry of Crab has filed action against a restaurant named the Black Crab in the Commercial High Court of the Western Province over infringement of its trademark and unfair competition.

Dipped Products appoints new Executive Director

The Hayleys group’s latex glove production subsidiary Dipped Products PLC this week announced that Radika Obeyesekere was appointed as an Executive Director at the firm.

SLTDA signs MoU with MDF Australia on Unawatuna beach development

The Sri Lanka Tourism Development Authority (SLTDA) signed a Memorandum of Understanding (MoU) with the Australian Government supported Market Development Facility (MDF), to collaborate on a comprehensive development programme for the Unawatuna beach.

Govt. proposes to impose ‘Medamulana tax’ to repay Rajapaksa era loans

Finance Minister Mangala Samaraweera yesterday proposed to impose a special tax termed ‘ Medamulana tax,’ as the levy is intended at collecting additional revenue to repay foreign debt taken during the Rajapaksa  era.