Be a bold dreamer and carry your flag high until you reach the summit with your team

Sometimes you’re going to find that leading people is a joy: you admire how everyone pulls together to scale new heights of performance and teamwork. At other times, however, leading people can seem like an uphill battle as they falter and fail to deliver the performance you expect.

Maersk Line ‘Milan Maersk’ to call on Colombo

The world’s largest container shipping company Maersk Line, with a presence in Sri Lanka for more than 25 years, continues to invest in Sri Lanka and contribute to its economy by bringing some of the latest and largest ships to Colombo.

AIA rolls out Pension Month

Have you thought about your retirement? Or has planning for it seemed so complicated and overwhelming that you put it aside for later? If so, then you are not alone. Most people find planning for retirement an expensive task with tons of paperwork, laborious medical testing and general stress. It is therefore often postponed or at times disregarded all together.

Hirdaramani facilitates TEDxColombo as main partner

The Hirdaramani Group facilitated TEDxColombo for the third year in a row as main partner.  Known globally for being a platform that can spark change, its ethos mirrors that of Hirdaramani’s, which has forged innovation in its ethical and sustainable manufacturing. 

Oman Air ferries Umrah passengers to Madinah in partnership with Traveller Global

Oman Air recently facilitated a group of 78 pilgrims from Sri Lanka to fly to Madinah for Umrah in the New Islamic Year.

UA initiates journey to drive you towards success

Spreading the thoughts of showing Sri Lanka the path to achieving enduring success, Union Assurance (UA) has taken steps to launch a special brand awareness programme, which commenced its activation programmes throughout the island from October 9 and will continue till mid-November. 

A landmark shift in insurers’ financial reporting: EY

The International Accounting Standard Board (IASB) issued a new insurance contracts standard, International Financial Reporting Standards (IFRS) 17 Insurance Contracts. Ernst & Young (EY) finds that this will trigger a landmark shift in the financial reporting of insurers under IFRS and Sri Lanka Standards and marks a fundamental change to the current practice across the industry. 

People’s Bank opens 100th self-banking unit at Trinco regional head office

Marking a milestone in its 56 years long history, People’s Bank recently opened its 100th self-banking unit in the People’s Bank Trincomalee regional head office premises.

Etihad Airways to launch flights to Azerbaijan

Etihad Airways has announced plans to launch scheduled flights between Abu Dhabi, the capital of the United Arab Emirates, and Baku, the capital city of the Republic of Azerbaijan, effective 2nd March 2018.

Mangala meets US Commerce Secretary

Minister of Finance and Media Mangala Samaraweera met US Secretary of Commerce, Wilbur Ross, a Senior Cabinet Minister of the Trump administration, on the sidelines of the World Bank/IMF Annual Meeting in Washington, D.C last week

Building resilience for climate-induced disasters in Sri Lanka

With the arrival of monsoon rains, Sri Lanka is just seeing the end of the drought that impaired many parts of the country. However, its negative effects continue to be felt by the affected communities. Unfortunately, droughts are not the only natural disaster Sri Lanka has seen in the recent past; the country has been wrecked by a series of floods and landslides alternatively, during the past few years, while Sri Lanka is at risk for such calami

LB Finance relocates Gampola City branch

LB Finance, Sri Lanka’s pioneer in innovative financial services, recently relocated its Gampola City branch. It is now at No: 66, Nawalapitiya Road, Gampola. This occasion was graced by Executive Directors Niroshan Udage and March Perera and the senior management staff of LB Finance.

A vibrant private sector – Key to Sri Lanka’s growth

Sri Lanka experienced strong growth at the end of its 26-year conflict. This was to be expected as the post-war reconstruction tends to bring new hope and energy to a country.

Embracing digital payments can save global cities US $ 470bn annually

Visa, the global leader in digital payments technology, recently announced an independent study conducted by Roubini Thought Lab and commissioned by Visa, examining the economic impact of increasing the use of digital payments in major cities around the world, including Colombo could help the city realize, US $ 200 million annual net benefits.

Qatar Airways wins Best Airline Award at 2017 UK Business Traveller Awards

Qatar Airways is pleased to announce that it has been named ‘Best Airline’ at the highly-respected 2017 Business Traveller Awards, held recently at London’s Royal Garden Hotel in Kensington. In addition to being voted ‘Best Airline’ by travellers from around the world, Qatar’s national carrier also won a raft of other major awards at the ceremony, including ‘Best Airline in the Middle East,’ ‘

YNF and UNIDO enlighten SMEs on food safety in Matara

The Youth to Nation Foundation (YNF) in collaboration with the United Nations Industrial Development Organization (UNIDO) conducted a workshop on food safety and good manufacturing practices for small and medium scale entrepreneurs (SME) in Matara recently.

Professor H.A. de S. Gunasekera Memorial Oration next week

The Professor H.A. de S. Gunasekera Memorial Oration 2017 will be held on October 24that 3:00 p.m. at the Senate Room, University of Peradeniya. 

Sri Lanka’s poor will benefit from more economic freedom

Sri Lanka’s poor stands to gain big benefits if more economic freedoms are given, while the businesses and foreign investors will also be encouraged, the participants of the Economic Freedom Summit by Advocata Institute, a free market think tank, said.

Innovation Quotient leads charge in digital transformation of Sri Lanka

For the first time in Sri Lanka, Innovation Quotient -IQ- is bridging the gap between human insight, applied creativity and technical capability. And it’s bringing these solutions to top corporates, businesses and start-ups around the country. 

Singapore Airlines to boost F&B sustainability practices

Singapore Airlines has today committed to significantly enhancing sustainability practices in its in-flight food and beverage offerings.

CA Sri Lanka to host SAFA technical workshop on NOCLAR and IFRS

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will host an international technical workshop of the South Asian Federation of Accountants (SAFA) in October this year, which will feature top international experts who will educate accountants in South Asia on the Non Compliance with Laws and Regulations (NOCLAR) and the IFRS15 standards. 

Entrepreneur awards to be held tomorrow

‘Entrepreneur Award for the year 2017’ for Western Province, will be held tomorrow at the Sri Lanka Foundation Auditorium, Colombo  7,  under the patronage of the Industry and Commerce Minister Rishad Bathiudeen. 

SL reviews progress of US$ 700mn grant with Millennium Challenge Corporation

Finance and Mass Media Minister Mangala Samaraweera met with Millennium Challenge Corporation’s (MCC) Regional Deputy Vice President for Europe, Asia, Pacific and Latin America, Fatema. Z. Sumar to review the progress of its 5-year ‘Grant Compact’ to Sri Lanka.

Insights celebrates decade in advertising

Insights Advertising, an integrated marketing and communications agency completed their tenth year of operations in the field of creative solutions in media. 

Cotton Collection launches ‘Bring Your Own Bag’ initiative

Staying true to its commitment to the environment, Cotton Collection recently launched the ‘Bring Your Own Bag’ project, a sustainability initiative organized with the objective of reducing the plastic footprint of the retailer as well as its customers.

Techno Sri Lanka 2017

Techno Sri Lanka 2017 Exhibition organised by the Institution of Engineers Sri Lanka (IESL) was launched at the BMICH yesterday. The exhibition features the widest range of engineering and technology products. Pic by Kithsiri De Mel

Experience true variety of cuisines at Hotel Riu Sri Lanka

The five-star 24-hour all-inclusive hotel Riu Sri Lanka serves a variety of dishes from different destinations among which the local cuisine being a popular one.

Norway’s Jiffy opens regional office in Sri Lanka

BOI enterprise Jiffy Products S L (Pvt) Ltd recently opened a new regional office at the Mirigama Export Processing Zone.

Eden Resort and Spa begin cake mixing ceremony

As the season to be jolly makes headway, the Eden Resort and Spa in Beruwela took the lead in preparing for the festive season with its annual cake mixing ceremony.

Sri Lanka returns to MRPs, confirms international orders to steer rice supply

Sri Lanka has confirmed the purchase of 500000 metric tons of rice from four global suppliers to face pressure from its domestic markets distressed by paddy shortfall for three straight seasons.  Shipments from one country are already being offloaded at Colombo Port. Sri Lanka is also returning back to its scrapped rice MRPs in the next two weeks.