Move to audit city hotels to discipline minimum room rate violators

The government has started auditing the Colombo city hotels to bring to book the violators of the minimum room rate regulation, Tourism Development and Christian Affairs Minister John Amaratunga said yesterday.

Rupee ends marginally lower on dlr demand from banks

REUTERS: The Sri Lankan rupee ended weaker yesterday as dollar demand from banks and importers surpassed selling of the greenback by exporters, dealers said. The spot rupee ended at 153.05/10 per dollar, compared with Friday’s close of 152.80/90.

Seminar by SAARC Arbitration Council to focus on debt recovery

Sinhaputhra Finance PLC, in collaboration with the SAARC Arbitration Council is organizing a seminar mainly to discuss how to adopt arbitration as a litigation process for a speedier recovery method specially in debt recovery, be it in the Banking and Finance sector or in any other sector which has debt recovery issues.

Two ways to out-innovate your competition

Disruptive technology is nothing new. As esteemed British politician, Benjamin Disraeli said in 1867, “Change is constant. Change is inevitable.” 

National Chamber to hold seminar on construction industry

The National Chamber of Commerce (NCC) in collaboration with the Construction Industry Development Authority (CIDA) will hold a seminar on the construction industry on Thursday, September 28, 2017, from 3:00 p.m. to 5:00 p.m., at the National Chamber Auditorium, No: 450, D R Wijewardene Mawatha, Colombo 10.  The resource persons and topics are: ‘The national policy on construction industry – Important aspects and overview by CIDA

Rethinking our roles to address South Asia’s flood problems

It’s time to mainstream disaster risk management in areas impacted by flooding in South Asia. The monsoon season has again caused death and destruction across South Asia. As of this writing, more than 1,200 people have died in Bangladesh, India and Nepal. Flooding has damaged or destroyed schools and health facilities and forced millions to live in temporary shelters or relief camps. According to the UN, approximately 40 million people are

Skechers introduces trendy and comfortable shoes for every lifestyle

There has been a rising trend among fashionable youths in search for shoes which are not only stylish and chic but also extremely comfortable and practical. 

Govt. mulls imposing restrictions on hotel constructions in Colombo

The government may start limiting hotel construction in Colombo, as concerns of oversupply are now rising, Tourism Development and Christian Religious Affairs Minister John Amaratunga said yesterday.

Seylan Bank opens 166th branch in Kandana

Strengthening its vision to offer ultimate banking solutions to the people of Sri Lanka, Seylan Bank opened a fully-fledged branch in Kandana, expanding the bank’s footprint to 166 branches island-wide.

How to win the war over trade

Trade is more contentious now than it has been for decades. Since their heyday during the 1980s and 1990s – which saw the creation of the World Trade Organisation (WTO), the birth of the North American Free Trade Agreement (NAFTA) and China’s rapid integration into the global economy – international trading relationships have fallen into an uneasy state of flux. 

SDB bank Negombo branch refurbished

SDB bank Negombo branch was refurbished and re-opened at the same location recently with the objective of providing more efficientand friendly service to its customers with more sophisticated facilities. 

Acer introduces Intel 8th gen CPU and expanded Windows 10 portfolio

Acer introduced and launched Intel’s 8th Generation CPU based notebooks, along with new additions to its portfolio of Windows 10 devices: Aspire E5, Swift 3, Spin 5, Swift 5 and Switch 7 Black Edition to the Sri Lankan market.

ComBank enhances corporate website with assistive technology for differently-abled persons

The Commercial Bank of Ceylon has broken new ground in enhancing access for differently-abled persons by enriching its corporate website with special assistive technologies for users with visual disabilities, hearing impairments, physical disabilities and age-related conditions.

CMA CGM confirms order for giant ships as market upturn lifts profits

REUTERS: CMA CGM, the world’s third-largest container shipping firm, said it expected operating profits to improve further in the second half as the market continues to recover, and confirmed an order for nine giant vessels.

wOw.lk launches Samsung Galaxy Note 8

The Samsung Galaxy Note 8 (64GB), the latest model in the Samsung Galaxy Note series, is now available for pre-order on wOw.lk. 

Domino’s registers 43% growth over last year in Sri Lanka

Domino’s Sri Lanka has become one of the fastest growing restaurant chains in the country by recording a growth of 43 percent YOY along with the Same Store Growth (SSG) of over 20 percent. The highest SSG has also catapulted it to the top position in ASIPAC region of Domino’s network 

TBWA\Sri Lanka: Only local agency awarded at Ad Stars  

TBWA\Sri Lanka continued its winning streak and was once again the only agency to be awarded metal at the prestigious Ad Stars 2017 annual advertising festival, which took place in Busan, Korea recently. 

SLIM holds second inauguration of Post Graduate Diploma in Marketing 2017

The Sri Lanka Institute of Marketing (SLIM) had its second inauguration of the Post Graduate Diploma in Marketing (PGDIM) programme for the current year in July at the Sri Lanka Institute of Tourism and Hotel Management.

Brazil approves US $100mn AmericanAirlines maintenance center

REUTERS: Brazil’s government has approved a plan by American Airlines Group Inc to build a maintenance center at Sao Paulo’s Guarulhos airport, a US $100 million investment that will help the U.S. carrier consolidate its South American operations.

MBSL awarded Asia’s Best Employer Brand 2017

MBSL was awarded Asia’s Best Employer Brand 2017 after considering the company’s ability to integrate corporate vision with Human Resource strategy enabling to achieve the organizational strategic and business goals.

Advantis Projects provides expertise to Southern Railway project

Advantis Projects, a subsidiary of the Hayleys Advantis Group, renowned for its expertise in transporting oversized and specialized cargo is providing necessary skills and equipment for the Southern Railway project.

Emirates to launch fourth daily service to Sydney, Australia

Emirates is set to introduce a fourth daily service from Dubai to Sydney from 25 March 2018, complementing its existing three daily A380 services and improving connections globally.

Remarkable time for Sri Lanka as a hub, says US

The US has stressed that there will be no major change in its trade policy towards Sri Lanka in the aftermath of its new administration and hinted on stronger economic relations in the future, based on the bedrock US-Sri Lanka Trade and Investment Framework Agreement (TIFA) inked in Washington in 2002, to which Colombo consented readily yesterday

Softlogic Finance partners with Suzuki Motors to introduce new lease facility

Sri Lanka’s most dynamic financial services solutions provider, Softlogic Finance PLC announced an exclusive breakthrough partnership with Suzuki Motors to facilitate leases for aspiring motorcycle owners. 

Qatar Airways grabs two awards at FTE Global 2017 awards

Qatar Airways has been awarded the ‘Best Up In The Air Experience’ award for the third consecutive year and the ‘Best Baggage Initative’ award at the Future Travel Experience (FTE) Global 2017 awards ceremony, recently in Las Vegas.

New Google Pixel smartphone debut expected October 4

AFP: Google last week fired off invitations to an October 4 event at which the US tech giant is expected to field a second-generation Pixel as its new champion in the competitive smartphone market.

Maggi noodles now with more spices for enhanced flavour and goodness

Nestlé’s Maggi brand has renovated its popular chicken flavoured noodles to include no less than eight spices to enhance taste. 

Uber integrates emergency helpline number in app

Uber, the world’s largest on-demand ride sharing company, announced the integration of emergency helpline numbers in the rider app.

wOw.lk launches the Samsung Galaxy Note 8

The Samsung Galaxy Note 8 (64GB), the latest model in the Samsung Galaxy Note series, is now available for pre-order on wOw.lk. The Note 8 builds upon the winning formula of its predecessors

Maggi noodles now with more spices for enhanced flavour and goodness

Nestlé’s iconic Maggi brand has renovated its popular chicken flavoured noodles to include no less than eight spices to enhance taste. In a country where spices are used as natural flavour enhancers