Foreign Affairs Minister guest speaker at Rotary Club Colombo West

Foreign Minister Ravi Karunanayake was invited by the Rotary Club of Colombo West as the Guest Speaker at their luncheon meeting chaired by President Roshan Perera, with Pravir Samarasinghe, Secretary Harsha Rajan and Governor Senaka Amarasinghe at the head table. 

Thuwan and Sudarshana do Barista proud at NBC 2017

Barista’s Thuwan Surajdeen and Café Mocha by Barista’s very own Sudarshana Rajapakse did Barista proud at the recently concluded National Barista Championship (NBC) 2017.NBC 2017 was held as a side-event to the Colombo Hotel Show, which was held at the BMICH. The awards ceremony took place at Waters Edge recently.

Cotton Collection’s Niloufer Anverally honoured as Business Role Model

Cotton Collection Founder/Managing Director Niloufer Esufally Anverally, was honored as Business Role Model of the Year 2017 at the recent Top 50 Professional and Career Women Awards 2017. 

IMF deal on Greece ‘very positive’ for markets: EU’s Moscovici

The International Monetary Fund’s approval of a one-year US$1.8 billion loan for Greece was a “very positive signal for the markets,” the EU’s Commissioner for Economic and Monetary Affairs, Pierre Moscovici, told AFP yesterday. 

Berendina recognizes academic achievements of vulnerable youth

Berendina Employment Centre (BEC) in collaboration with World Vision (WV) recently conducted the certificate awarding ceremony to recognize 41 students who completed the Professional Skills Development Programme in Batticaloa. 

SLIM NASCO attracts record high entries as judging process begins

As entries closed for the eagerly awaited National Sales Congress (NASCO) 2017, The Sri Lanka Institute of Marketing (SLIM) which organizes the 

Amãna Takaful conducts Road Safety workshop for student traffic controllers of Matara

The rapid increase in road accidents often ending in fatalities is a matter that draws much attention from the media and the public alike. According to the statistics of the Sri Lanka Police at least

Linear Squared fast-tracks growth

Linear Squared, a company that solves complex business problems using machine learning (ML) and artificial intelligence (AI), has successfully raised a significant amount of investment to fund the next phase of its growth.

Tech One Sanje honoured as Microsoft Country Partner

Tech One Sanje recently attended the Microsoft Inspire event which was represented by CEO, Lars Jeppesen along with Director, Thariq Sanoon representing the country partner of the year,  Sri Lanka. 

SAP reveals four key traits of a digital transformation leader

While 84 percent of global companies say that digital transformation is critical to their survival in the next five years, only three percent have completed company-wide transformation efforts, shows a new study from SAP SE. 

Samsung launches premium QLED TV in Sri Lanka

Samsung Electronics launches the much anticipated premium QLED television series in Sri Lanka – the QLED series epitomizes cutting-edge expertise in latest TV technology and promises to be a dream experience for TV viewers of today.

Ayubo Leisure signs MoU with CSSL for NITC 2017

Ayubo Leisure signed a Memorandum of Understanding (MoU) with the Computer Society of Sri Lanka (CSSL) recently regarding the upcoming National IT Conference (NITC) 2017 which will be held under the theme ‘Towards Digital Prosperity’.

IFS holds Mind Masters Challenge 2017

The IFS Mind Masters challenge was held for the third consecutive year recently at the Hilton Colombo Residences in Colombo. IFS Mind Masters is one-of-a-kind business quiz hosted by IFS in Sri Lanka. 

Leading country towards economic prosperity

The development of a country is undeniably a broader concept and a long-term process underpinned by key strategies in numerous domains in a country. Sri Lanka will be commemorating its 70th Independence Day by February 4, 2018 and it will be imperative to look back at the post-independence era and recall the lessons learnt during the seven decades.

Pharmaceutical manufacturing in Sri Lanka: A window of opportunity

There is increasing hype and attention drawn to pharmaceutical manufacture in Sri Lanka. Pharmaceutical manufacture is indeed an attractive global industry in which Sri Lanka could participate and prosper. 

Insee Cement partners PIM to develop business leaders

Insee Cement joined hands with the Postgraduate Institute of Management (PIM), Sri Lanka’s premier center of excellence in management education, to launch its first Executive Leadership Development Programme (ELDP) recently.

Toyota recognizes ‘champion athletes’ at annual dealer convention

Toyota Lanka (Private) Limited, the sole authorized distributor for Toyota vehicles in Sri Lanka, recently held its Annual Service and Spare Parts Dealer Convention 2017 at Jetwing Blue Hotel, Negombo. 

Airtel wins big at Best Employer Brand Awards 2017

Bharti Airtel Lanka won big at the 12th Employer Brand Awards held at Taj Samudra, Colombo.  Airtel was awarded the Best Employer Brand Award hosted by the Employer Branding Institute in India, the prestigious award ceremony rewards highly acclaimed employer brands since 2010, recognizing corporate entities for best practices.  

Cinnamon Grand rewards outstanding staff at Associates’ Meeting

Cinnamon Grand held its quarterly Associates’ Meeting for the first quarter of the financial year 2017/2018 to appreciate and reward noteworthy contributions of dedicated associates. The event held at the hotel’s ballroom room on July 11, saw the participation of over 400 associates and heads of departments.   

Certis Lanka celebrates 40 years of excellence

Commercial and industrial security specialists, Certis Lanka Group who offer a myriad of different services and are the premier service provider in Loss Prevention Services In Sri Lanka, celebrated it’s 40th anniversary and awards night at a glamorous “Awards Ceremony” held at the Hilton Hotel recently. 

Chaya Wickramadara awarded IPM Professional of the Year

The prestigious award presented by the Institute of Personnel Management (IPM) Sri Lanka for the IPM Professional Qualification in Human Resource Management (PQHRM) HR Professional of the Year was won by Chaya Wickramadara.

Iconic offers attractive payment plan for Galaxy homeowners

While introducing an attractive payment plan for homeowners for the US $ 50 million Iconic Galaxy real estate project in Rajagiriya, which is to be completed by 2020, its developer, Iconic Development Ltd, said that it has more projects in the pipeline to cater to the middle-class as it sees a huge potential for urban housing in Colombo.

Aster-Maga join hands to elevate Nugegoda skyline

Aster Residencies (Pvt.) Ltd announced the launch of Aster Residencies, a unique apartment project in the heart of Nugegoda. This Board of Investment (BOI)-approved apartment project comes to light as a joint venture between Aster Residencies and Maga Engineering, the leading construction company in the country. 

Energy regulator approves coal-free power generation plan for next 20 years

Amidst lobbying from environmentally-conscious stakeholders, the Public Utilities Commission of Sri Lanka (PUCSL) approved a revised coal-free power generation scenario for the next 20 years at a present value of US$ 15.52 billion, in the process saving US$ 1.13 billion over the Ceylon Electricity Board’s (CEB) coal-heavy option.

Sixteen foreign speakers to bring in int’l perspective to Economic Summit

Sri Lanka Economic Summit 2017 which will focus on how the Lankan economy can be transformed from potential to realization has lined up 16 foreign speakers to bring in an international perspective to the discussion table.

Shares fall for seventh session in eight; foreigners buy

REUTERS: Sri Lankan shares fell for a seventh session in eight yesterday and posted their lowest close in a month with blue chips leading the losers.

China unveils plan to become world leader in AI by 2025

REUTERS: China unveiled a national Artificial Intelligence (AI) development plan yesterday, laying out its ambitions to build world-leading technology amid heightened international friction over applications of AI in military technology. The value of the country’s core AI industries will exceed 150 billion yuan (US$22.15 billion) by 2020 and 400 billion yuan (US $59.07 billion) by 2025, the State Council said in 

Rupee steady; bond yields down after t-bill auction

REUTERS: The Sri Lankan rupee traded steady yesterday with dollar sales by exporters and foreign banks offsetting demand for the greenback from importers, while yields on government securities fell a day after T-bill yields came down, dealers said.

SL Customs becomes fully automated with new online payment platform

Sri Lanka Customs yesterday moved a step forward and became a fully-automated agency with the much-anticipated online payment platform going live.

Gem and Jewellery Association launches Facets 27th edition

The Sri Lanka Gem and Jewellery Association (SLGJA) announced the launch of the 27th edition of the Facets International Gem and Jewellery Exhibition, at a press conference held at OZO Colombo recently.