CB should be only regulator

Meanwhile, Wickramaratne said the Central Bank of Sri Lanka should refrain from playing dual roles and must pay greater emphasis on its responsibilities of being only a regulator.

Sri Lanka struggles to adapt as disasters become a new ‘normal’

During Sri Lanka’s May floods, rescue crews in Kiriella, a small town in the Ratnapura District, spotted a remarkable sight.

Proposed energy formula could cut electricity costs 5%: expert

The proposed electricity cost-reflective formula would create transparency and public pressure, which could lead to more efficient management within the Ceylon Electricity Board (CEB) and potentially reduce the electricity costs by 5 percent, a leading energy sector expert said.  

Melstacorp initiative renovates Thammannawa Hospital, Mihinthale

Melstacorp, one of Sri Lanka’s largest conglomerates and renowned corporate citizens, completed their latest CSR initiative at the rural hospital of Thammannawa in Mihinthale, recently.  Thammannawa hospital provides medical assistance to thousands of people from surrounding areas and was in dire need of basic facilities. 

Counsel cautions against “other agents” in new Inland Revenue Bill

President’s Counsel Sanjeeva Jayawardena this week forewarned the country’s Supreme Court of the creation of “other agents” outside the Inland Revenue Department’s (IRD) purview as tax officers by the new Inland Revenue Bill, which is set to repeal the existing Inland Revenue Act of 2006.

SL Customs’ new online payment platform goes live today

The local trade and business landscape will see greater transparency with the implementation of a fully-fledged online payment platform for Sri Lanka Customs that will be launched today.

A pilgrimage to clean up a pilgrim’s plastic footprint

Every year over two million people make the 2,200 metre climb to the holy peak of Sri Pada and leave behind a mountain of trash. 

Emirates to operate one-off A380 flight to Colombo

Emirates’ iconic A380 aircraft will make a one-off landing at Bandaranaike International Airport (BIA), Katunayake, on Monday, August 14, as the global airline joins the local authorities in the celebration of the airport’s resurfaced runway. 

NDB wins Best Private Sector CSR Programme for Women Empowerment

At NDB, women are valued equally. The bank’s women empowerment initiatives go as far back as its inception in 1979. 

Cooking made easy – get 3 scrumptious curries from a single pack of Sera coconut milk

Though there are many distinct features of Sri Lankan cuisine that set it apart from culinary styles across the world, the one, surefire ingredient that adds an authentic 

Career Banker Shashi Kandambi Jassim of Sampath Bank honoured for Leadership in Banking and Finance

Sampath Bank announced that Mrs.Shashi Kandambi Jassim, Senior Deputy General Manager – Corporate Banking, has received theGold award in the Banking and Finance category at the

Gas World launches largest purpose-built medical gas filling facility

Gas World (Pvt.) Ltd, an associate company of Industrial Gases (Pvt.) Ltd (IGL) which marked its 25th anniversary of operations in Sri Lanka, made its presence known with its latest technology standards set by the company. 

Golden Key Hospital acquires Zeiss AngioPlex OCT Angiography capability

The Golden Key Hospital has taken a major step forward in retinal disease management with the acquisition of new equipment that enhance the capability of its Optical Coherence Tomography  (OCT) facilities.

Pannipitiya Private Hospital introduces latest medical treatments

Sri Lanka’s renowned and frontline private hospital, Pannipitiya Private Hospital has added more modern treatment and medical text services among its already available prolific portfolio of services.  The specialty of Pannipitiya Private Hospital is that all these new medical treatment and tests could be obtained for a very reasonable fee in comparison to other private hospitals in  the island.

Nawaloka Hospitals to revamp ENT Unit to become the best

In a bid to provide prolific healthcare solutions for ear, nose and throat (ENT) related ailments, Nawaloka Hospitals PLC in a media release announced that it has taken further steps to revamp its ENT Unit, adding a range of services and high-tech medical equipment for seamless patient treatments.

Siddhi herbal green tea enters Sri Lankan market

Being a well-known brand in the market of Ayurvedic products, ‘Ira Handa Weda Gedara’ introduces you a herbal drink that burns your excess of fat so that it can give you the slimness you yearn for. 

Kandy receives boost in quality medical laboratory services

With astounding success and highest quality of their medical laboratory services in Colombo and suburbs, Lanka Hospitals Diagnostics (LHD) recently launched their newest lab testing facility in Kandy. 

‘Mentor-on-Road’ first leg makes headway in Sri Lanka

Sri Lanka’s Mentor-on-Road Country Mentor Shaveen Fernando ended the first leg of the journey to educate, equip and engage Sri Lanka’s micro, small and medium scale business holders, young entrepreneurs, start-ups, women and women empowerment institutions across 16 cities from 17 to 26 May 2017. 

Seven Media Group awarded best content agency of the year

Seven Media Group received another accolade when they were awarded The Best Content Agency at the Golden Globe Tigers  held recently. 

EWIS Colombo ranked among ‘Top 25 Great Places To Work’

Sri Lanka’s only Original Device Manufacturer (ODM), EWIS Colombo was ranked as one of Top 25 Great Places To Work 2017 at the recently concluded Great Place To Work event. 

PIM Alumni takes initiative in ddeveloping soft skills of managers

The PIM Alumni Association of the Postgraduate Institute of management (PIM), affiliated to the University of Sri   Jayewardenepura recently launched a newly designed and far reaching educational programme for the practicing managers of the Sri Lankan public and corporate sector   Institutions. 

Bates COO Sheron Jayasundara wins Gold Award for Advertising

Balancing a demanding job with child-rearing and running the home smoothly is the daunting task that most working women have to face.  

State of sports and ‘state’ intervention

It is not very difficult to explain our nation’s mentality. We are a country misled by wrong definitions and misperceptions. Our definition for patriotism, friendship, love, religion, education, sports and many other perspectives of life has been off track since the beginning.

Getting sucked into a quicksand of debt

The Hindu: People in Batticaloa, one of the poorest districts in Sri Lanka, are badly hit by ‘predatory’ microfinance loans with exorbitant interest rates.

Why must FDI be pursued with greater vigour?

Last week, a TV channel and a newspaper highlighted that a project that had been submitted for approval to the Board of Investment (BOI) had been approved without proper assessments being done. This type of negative publicity can result in the credibility of the BOI and its integrity being questioned. 

Sri Lanka needs to reinvent governance model, improve execution capabilities: MTI

Since independence, Sri Lankans have frequently and hopefully changed political parties, from blue to green, from green to blue, occasionally a blurred purple, while the reds have continued to threaten on and off the field!

Holmes Pollard & Stott wins ‘Advertising Agency of the Year’ award

The leading advertising company Holmes Pollard & Stott (HPS) has won the ‘Advertising Agency of the Year’ award at the Golden Globe Tigers 2017 (Sri Lanka Edition) for Excellence & Leadership

Stock market breaks through with strong gains in first half of 2017

The Colombo Stock Exchange (CSE) has recorded a noteworthy turnaround in the first half of 2017, having started the year on the back of a slow-moving 2016. The Benchmark All Share Price Index (ASPI) has made consistent gains to record an 8.23 percent gain year-to-date, and as of 17th July stands at 6,741.07. 

Banking is fun with Cargills Bank lifestyle website

Cargills Bank Limited makes banking fun with the launch of its new lifestyle banking website at www.cargillsbank.com.

Nations Trust Bank ATM opens in Megalle

Nations Trust Bank unveiled a brand new, state-of-the-art off-site ATM at ‘Sahana’, in Megalle, Galle.