Down, but not out!

Ravi Karunanayake, who recently resigned as the Foreign Minister, after being linked to a controversial bond dealer under investigation,

Serendib Flour Mills – Silver sponsor of the Pro-Food Pro-Pack Exhibition for the 4th year running

Serendib Flour Mills (SFML) recently extended its support to Sri Lanka’s premier food, agriculture and packaging exhibition, Pro-Food Pro-Pack, as the Silver sponsor of the event for the fourth consecutive 

Sapath Systems at the forefront of providing IT solutions in Sri Lanka

Sapath Systems is a one stop IT solution provider with more than 30 years of experience in the industry  offering innovative IT solutions such as Remote System Support & Recovery, Data 

Refreshingly clean hair with The Body Shop’s Fuji Green Tea Hair Scrub

The Body Shop has announced its latest contributionfor a healthy scalpand rejuvenated hair with the introduction of Fuji Green Tea Cleansing Hair Scrub in Sri Lanka. Fuji Green Tea Cleansing Hair

Sri Lanka’s First Virtual Mirror at the Aviraté Flagship Store

In a rush and don’t have time to try everything on? Dinner to go to after work but nothing to wear and pressed for time? Not sure which color looks best on you but don’t want to go through the hassle 

Janashakthi Continues to Drive Double Digit Growth through 1H 2017

Janashakthi Insurance PLC (Janashakthi) registered consolidated Gross Written Premium (GWP) of Rs.7.222 billion for the six month period ended 30th June 2017, with a Year on Year (YoY) growth of 

Aqua Vista by Fairway: The Epitome Of Luxury Beachfront Apartments In Galle.

Aqua Vista is Fairway Properties’ latest addition to the skyline of the rapidly growing southern capital of Galle, that still preserves its unique colonial legacy with unsurpassed quaint old-world charm that 

‘Pulsar Power Club Cricket Fiesta 2017’ came to a successful end

The Pulsar Power Club Cricket Fiesta, the largest ever motorcycle club cricket fiesta in Sri Lanka, is a noteworthy and popular cricket tournament organized by the David Pieris Motor Company,.

Colombo investor forum draws strong local investor interest

Following a successful Investor Forum in Negombo, the Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) conducted the second investor forum  in Colombo. 

Laugfs Gas 1Q in red; says engaging govt. for market pricing

Downstream liquefied petroleum gas (LPG) operator Laugfs Gas PLC turned a net loss of Rs.455. 8 million for its April – June quarter (1Q18) against a profit of Rs.25.8 million reported during the same period last year, the interim financial accounts released by the company showed.  

Shangri-La Colombo to open doors in November

Shangri-La Hotels and Resorts yesterday announced that Shangri-La Hotel, Colombo is set to open on 16 November 2017. 

Berendina staff take part in Outbound Training

Berendina Microfinance Institute (Gte.) Ltd recently granted the opportunity to 30 of its employees to participate in a two-day Outbound Training (OBT) programme conducted by the Wayamba Outbound Training (OBT) Center. 

IPM Sri Lanka re-elects Prof. Ajantha Dharmasiri as President

IPM Sri Lanka re-elected Prof. Ajantha Dharmasiri as its President at the Annual General Meeting held on Saturday 29 July at the Waters Edge. 

CB sets record straight on NPP

The Central Bank on Tuesday said that the proposed National Payment Platform (NPP) or any other such payment platform should be regulated as done in other parts of the world.

Cargills June profit narrows over higher borrowing costs but top line resilient

Net profit of Cargills Ceylon PLC group fell 2.0 percent year-on-year (YoY) to Rs.751 million or Rs.3.35 a share during the April – June quarter (1Q18) due to higher finance costs stemming from fresh borrowings made and the rising interest rates, the interim financial accounts of the company showed.   

Expolanka Freight and Classic Travel named among GPTW 2017

Expolanka Freight [EFL] and Classic Travel have been listed as Great Places to Work in Sri Lanka this year. 

Oman Air CEO visits key destinations throughout airline’s network

The Chief Executive Officer of Oman Air, the national carrier of the Sultanate of Oman, has undertaken a series of high profile visits to Delhi, Zurich and Kuala Lumpur. 

Thimal Perera appointed new Deputy CEO of DFCC Bank

DFCC Bank PLC announced the appointment of Thimal Perera as the bank’s new Deputy CEO, with effect from 16 August 2017. 

Colombo ranked among top 5 most improved cities in the world

Sri Lanka’s latest development efforts have resulted in Colombo standing tall as one the top five most improved cities in the world according to a survey carried out by The Economist Group.

China’s CATIC-ENG hails A380 landing at BIA

Bandaranaike International Airport (BIA) runway witnessed its brand new outlook since its establishment thirty years ago. 

Softlogic 1Q net down but records strong top line growth

Diversified conglomerate Softlogic Holdings PLC saw its net profit falling 57.19 percent year-on-year (YoY) to Rs.43.58 million in the June quarter (1Q18), despite a resilient top line performance, due to  higher finance and administrative costs. 

Manufacturing and services sector activities expand in July

Sri Lanka’s manufacturing and services sector activities measured by Sri Lanka Purchasing Managers’ Index (PMI) expanded in the month of July, albeit at a slower rate, according to the Central Bank of Sri Lanka.

Competency framework for new public service culture

A competency framework was developed to be used for the public sector to define the skills, behaviors, and attitudes that officers need to perform in their roles effectively.

Union Assurance receives continuous recognitions for best HR practices

Union Assurance was continuously acknowledged for its best in class HR practices which contributed towards creating a people centric organization and a strategic alignment in support of organization’s overarching objectives. 

HSBC and IBM develop cognitive intelligence solution to digitise global trade

HSBC, the world’s leading trade finance bank, is working with IBM to develop a cognitive intelligence solutioncombining optical character recognition withadvanced roboticsto make global trade safer and more efficient for thousands of businesses.

Engage, not sell: Embracing the Millennial consumer

‘Millennials’, the generation born from the early 1980s to the early 2000s, are driving a major paradigm shift in the business-consumer relationship.

Central Bank views on National Payment Platform

In response to the news articles circulating on Total Pay and ICTA, the Central Bank of Sri Lanka (CBSL) wishes to clarify matters to the public and provide an accurate account of events which transpired regarding the National Payment Platform (NPP), in order to deliver a holistic understanding of the prevailing situation. 

Twenty years after the Asian Financial Crisis: What have we learned?

July marked 20 years since the Asian Financial Crisis. It’s appropriate to consider at this juncture why the crisis happened, and what we have learned about how countries can safeguard their economies from future shocks and deliver sustainable and inclusive growth.

Sri Lanka has talent, we need to capitalize on it: IronOne CEO

Daring to reach greater heights, for IronOne Technologies Co-Founder and CEO Lakmini Wijesundera, the sky is the limit for success. In a nutshell, her mantra for triumph is high risk, high return. 

Germany’s Most Innovative Kitchen Brand Is Now In Sri Lanka

The recent years have witnessed an increasing growth in the popularity of kitchen finishes. 2016 saw the partnership of two pillars in the global Kitchen Industry in order to meet the increasing demands