SriLankan says ‘free tickets’ survey a sham

SriLankan Airlines yesterday notified the public about a fake airline survey currently circulating on the Internet and social media, including messenger apps, mentioning SriLankan Airlines is offering free tickets. 

Mobitel organizes MedHack, the first-ever Medical Hackathon in Sri Lanka

MedHack is Sri Lanka’s first ever Hackathon for the health sector organized by Mobitel, the National Mobile Service Provider of Sri Lanka, in collaboration with the Ministry of Health, Nutrition

LOLC Insurance unveils islandwide tree planting campaign

With a new green target, the Insurance arm of the LOLC Group, LOLC Insurance recently launched an islandwide tree planting campaign to inculcate the good habit of tree planting amongst the general public.

EU partners UNICEF to improve facilities to benefit Northern children

The European Union (EU) and the United Nations Children’s Fund (UNICEF) have officially opened three new projects - a paediatric ward at Mannar Divisional Hospital Chilawathurai, a water supply scheme in Periyamadu East, and the Gramodhaya Health Centre at Asikulam, Vavuniya.

Ex Sampath Bankers Club completes and performs more initiatives for Duwegoda Primary School 

Ex Sampath Bankers Club successfully completed its first CSR project when it set up a Children’s Library at a school which lacked many facilities as the children were all from very poor families in the area.

Elite living has begun!

Capitol Developers is proud to announce that Colombo’s newest and most coveted address, Capitol Elite, has been successfully sold out! The project was completed in a timely manner as promised

LB Finance provides forest ranger jackets to wildlife officers

Continuing the company’s environmental CSR services, LB Finance gifted protective forest ranger jackets to officers of wildlife, health management divisions, in Nilagala, Mullegama, Walathapitya, Samanthure, Namal Oya areas in Ampara and Anuradhapura districts. 

CSR Sri Lanka and WFP bring private sector together for food security recommendations

More than 50 representatives from leading private sector agro and food processing companies came together to provide recommendations on how to achieve food security and address nutritional issues in Sri Lanka at a forum, organized by USAID-funded CSR Sri Lanka and the UN World Food Programme (WFP) in July 2017.

Politics of socio-economic development in Sri Lanka

The ultimate goal of socio-economic development is to improve people’s quality of life dependent on access to the basic needs such as food, safe drinking water, shelter, clothing, education and 

The Belt and Road to China-based globalisation

At a time when globalisation from the West appears to be in retreat, the Belt and Road Initiative (BRI) is a potent symbol of the rise of China-based globalisation.

CBL holds Annual Distributor Convention, Star Awards Ceremony

Ceylon Biscuits Limited (CBL) held its Annual Distributor Convention and Star Awards Ceremony 2016/17 recently at Eagles’ Lakeside Banquet and Convention Hall, Attidiya. 

CIM Sri Lanka partners with Emerging Media

The Chartered Institute of Marketing Sri Lanka (CIM Sri Lanka) entered into a strategic partnership with Emerging Media (Pvt.) Limited, one of the leading digital signage and location-based advertising solutions providers. 

CIMA Business Leaders Summit on September 11

The annual flagship C-suite event of CIMA Sri Lanka, the Business Leaders Summit titled ‘What’s Next: The Changing Business Landscape’ will be held on September 11.  

Leadership is also having gift of being present – to think, to feel and to impact

One of my clients – a leader of a medium-sized growing company – was emotionally agitated about the future of his company. I allowed him a little time to vent his anxiety and then I reminded him how great leaders look at the future, how they create a vision and values and how they create targets based on where they’re going.

Google Launchpad Accelerator opens to Sri Lankan startups

Google opened its Launchpad Accelerator to Sri Lanka on 31 August with the aim of providing an opportunity to local developers to formulate solutions to local challenges.

IESL-UTE Raspberry Pi Challenge 2017 enters critical second phase

The IESL-UTE Raspberry Pi Challenge 2017 has entered a milestone second phase drawing record interest from undergraduates and school students.

Mobitel unveils revolutionary ‘X Station’

Mobitel proves yet again its credentials as the unrivaled leader of the country’s digital revolution by unveiling ‘X Station’, the first hi-tech Internet of Things (IoT) concept store of its kind in  the country. 

Fifty years of computing at University of Colombo

This year, the University of Colombo celebrates 50 years of computing, recalling its achievements and reflecting on the founding years. To mark this significant event, the University of Colombo School of Computing (UCSC) will hold three major events on September 6th.   

Etisalat to grant 20% bonus usage on data

In view of the Government of Sri Lanka revoking the telecom levy on data usage from 1st September, Etisalat will provide its post-paid and pre-paid subscribers with a total of 20 percent bonus usage  on data.

Participants developing solutions at the Google Launchpad Accelerator program

The 37th Annual General Meeting (AGM) of The Sri Lanka Association of Inbound Tour Operators (SLAITO) was held on 25th August 2017 in the presence of over 200 attendees. Harith Perera 

New revenue law will stop ministers misusing tax concessions

The new Inland Revenue Bill, which will be presented to parliament this month, will withdraw the powers vested in ministers to grant tax concessions in an ad-hoc manner, the country’s Finance Ministry said.

Thousands flock to Le Havre for tall ships parade

AFP: Tens of thousands of people lined the quays of the French port of Le Havre yesterday to see some of the world’s oldest and most majestic sailing ships glide past on the city’s 500th anniversary.

Melstacorp and related parties up stake in Aitken Spence

Business tycoon Harry Jayawardena managed to tighten his grip on Aitken Spence PLC this week without triggering a mandatory offer.

HSBC Lankan unit records Rs.3.6bn profit for 1H

The Honkong and Shanghai Banking Corporation Limited Sri Lanka branch (HSBC Sri Lanka) posted a net profit of Rs.3.58 billion for the six months ended in June 30, 2017 (1H17), increasing from Rs.3.27 billion during the same period last year, the interim financial accounts of the bank showed. 

Lankan banks’ funding profiles squeeze as deposits slow, loan growth accelerates

The rapid growth seen in bank loans during the period from June 2014 to June 2017 have pressurized both the funding and liquidity profiles of Sri Lankan banks as the deposits failed to keep up with the loan growth, according to Moody’s Investors Service (Moody’s). 

CIFL depositors approve Swiss plan for troubled finance firm

The Central Investment & Finance PLC’s (CIFL) Depositors Association recently agreed to a repayment plan for their deposits at the troubled finance company submitted by the Swiss firm Chancental Works GMBH with the intervention of the Central Bank of Sri Lanka.

Apartment boom running out of puff amid CB reservations?

The Central Bank appears to have succeeded in its efforts at curbing the ‘irrational exuberance’ of property developers, with a slowdown being now witnessed in apartment construction amid fears of a possible property bubble.

Google Launchpad Accelerator opens to Sri Lankan startups

Google opened its Launchpad Accelerator to Sri Lanka on 31 August with the aim of providing an opportunity to local developers to formulate solutions to local challenges.

Powerful data analytics for real-time decisions: Hirdaramani IT Arm, H One Launches RES.Q | QMS for

Sri Lanka’s leading enterprise solution provider H One launched RES.Q | QMS, a quality management solution tailor made to minimise defects in apparel manufacturing. H One’s solution draws on the rich 

H One launches quality management solution for apparel industry

Sri Lanka’s leading enterprise solution provider H One launched RES.Q | QMS, a quality management solution tailor made to minimise defects in apparel manufacturing.