JKOA strikes Diamond again for Toshiba MFPs

John Keells Office Automation (Pvt) Ltd has yet again proven itself to be a true game changer by securing the Diamond Award for the fourth consecutive year at the Toshiba Annual Distributor Meeting 2017 held in Singapore. 

Huawei introduces GR3 2017 edition in blue colour variant

Huawei, the leading smartphone brand in Sri Lanka, launched the spin-off edition to the flagship smartphone Huawei GR3 2017. The newly launched GR3 comes in the colour blue and will be available in Sri Lanka starting this month. 

Omentra.com –Latest global revolution in B2B e-Commerce

Omentra.com– the latest revolution in the global e-Commerce space was launched as the one-stop solution for all businesses in Sri Lanka. 

Omobio acquires RFID and IOT company eimSKY Business Solutions

Omobio, a leading telecommunication solutions provider in Sri Lanka recently announced the acquisition of eimSKY Business Solutions, another home-grown brand which had been instrumental in providing cutting edge RFID, IoT and NFC solutions for various clients for system automation, 

Getting to know the CFO of tomorrow

In the Asia Pacific (APAC) and around the world, businesses are facing an uncertain future.  Macroeconomic events such as US disengagement from the Trans-Pacific Partnership (TPP) and China’s slowing Gross Domestic Production (GDP) growth are making it harder than ever to plan ahead; and what’s more, this uncertainty is being exacerbated by digital disruption.  

LB Finance crosses Rs.100bn in assets with Rs.6.9bn PBT

LB Finance accomplished a stellar performance overall for the year ended March 31, 2017. Total assets crossed the Rs. 100 billion milestone to reach Rs. 102.8 billion as at March 31, 2017, a growth of 21.6 percent over the previous year. 

Sri Lanka Insurance posts record profits for 2016

Sri Lanka Insurance Corporation (SLI) has recorded the largest Life Fund in the local insurance industry to-date with a ground-breaking Life Insurance Fund provision of Rs. 91.1 billion.

People Bank holds religious programmes to mark anniversary

People’s Bank recently held several religious programmes coinciding with the bank’s 56th anniversary celebration. 

Madawa Gunaratna joins LIC Lanka as DGM Marketing, Sales and Distribution

The Life Insurance Corporation (Lanka) Ltd., (LIC Lanka), a joint venture between LIC India and the Bartleets Group Sri Lanka, recently announced the appointment of Madawa Gunaratna - a life insurance marketing specialist who has joined their senior management team as Deputy General Manager – Marketing, Sales and Distribution. 

Seylan personal loans in two days

In an environment where we seek everything in a hurry, Seylan Bank has introduced the ideal solution for your quick financial needs, a personal loan in 2 days. 

Amãna associates with SLIBFI Conference as Lead Banking Partner

Amãna Bank has once again partnered with the Sri Lanka Islamic Banking and Finance Industry (SLIBFI) Conference as its Lead Banking Partner. 

RDB felicitates founder

Regional Development Bank (RDB) recently felicitated its founder and former Finance Minister Ronnie  De Mel

CMA to host Accounting Conference and Reporting Awards from July 17-19

The CMA National Management Accounting Conference 2017 hosted by the Institute of Certified Management Accountants of Sri Lanka will join hands with the Information and Communication Technology Agency (ICTA) Sri Lanka as the national partner. 

CA Sri Lanka launches CPD Online Academy to enhance Chartered Accountants’ skills

In an innovative move to be on par with global professional bodies, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently launched the CPD Online Academy, to offer discerning Chartered Accountants both in Sri Lanka and overseas a platform to enhance their professional competence and gain Continuing Professional Development (CPD) to help them succeed in today’s competitive business environment. 

Investing strategies to win in stock market

When it comes to personal finance and the accumulation of wealth, few subjects are more talked about than stocks. It’s easy to understand why: investing in the stock market is thrilling. But on this financial roller-coaster ride, we all want to experience positive returns.

What it takes to become a courageous leader

I was teaching leadership at a French telecom company several years ago, and the CEO visited on the last day of the programme to take presentations from participants focused on a question he had provided them earlier in the week. The question was, “How can we become more courageous as a company?”

Unleashing your leadership potential for breakthrough results

In the 21st century, those who are changing the world aren’t just leaders; they’re engagers. The same theory applies to the corporate sector. 

SOM winner of Port City Design Idea Competition

Skidmore, Owings and Merrill (SOM) is one of the world’s largest architecture, engineering and urban planning firms. 

Fairway Holdings appoints new CEO for Centrepoint Homes

Nilruk Jeevaratne has been appointed as Chief Executive Officer of Centrepoint Homes, a fully owned subsidiary of Fairway Holdings. 

Suncity@116 – The pride of Moratuwa

A prominent presence in the construction industry for over two decades, Suncity Property Developers proudly launches ‘Suncity@116’, a luxury apartment project in Moratuwa at 116, Rawatawatta Road.  Strategically located near schools, hospitals, and shopping areas, and a short drive to Colombo, this latest luxury apartment project by Suncity Property Developers is poised to repeat the success of its previous projects in Colombo an

Minister says plan in place to supply skilled labour for construction

Skills Development and Vocational Training Minister Chandima Weerakkody said, his ministry would be initiating a strategy to supply skilled hands to the construction industry, as the industry is faced with the challenge of providing skilled labourers. 

Budget deficit in first four months narrows marginally

The government’s budget deficit for the first four months of 2017 edged down 0.1 percent to Rs.233.17 billion compared to the same period in 2016, falling short of expectations for the period, Treasury data indicated.

Dialog launches Sri Lanka’s first tier III certified data centre and media hub

Dialog Axiata recently announced the commissioning of Sri Lanka’s first tier III certified data centre and media hub. 

WB says SL’s tax collection system improved

Sri Lanka’s structural tax collection system had become more efficient in 2016 than was evident at first glance, once the super gains tax and other one-off taxes levied in 2015 are discounted, the World Bank said.

Auditors slam Agalawatte accounts

Agalawatte Plantations PLC (AGAL) had continued its sub-standard accounting practices in 2015, the firm’s auditors said in the audited financial statements for the year, after earlier this year stating the same had happened during 2014.

Another BoP crisis in the making?

Conveying a worrying message to the authorities, the most recent external sector data available up to April showed that a swift action was required to arrest the ballooning trade deficit as the recent uptick in exports has been offset by the racing imports during the first four months.  

SL gets Rs.60bn Japanese concessional loan for rural infrastructure, water supply

The Japanese government through Japan International Cooperation Agency (JICA) will provide a Rs.60 billion concessional loan to Sri Lanka for rural infrastructure development and water supply projects. 

Maersk Colombo office overcomes mass cyber attack

Global shipping giant A. P. Moller-Maersk (Maersk), which is also the market leader in Sri Lanka, appears to have dealt with the recent mass cyber-attack smoothly in Colombo, shipping industry sources said.

Bugs on the beach!

The Volkswagen Beetle Owners’ Club along with Mount Lavinia Hotel held ‘The Volkswagen Beetle Parade and Exhibition’ in Colombo yesterday.

Schokman and Samerawickreme to launch SL’s first online auction portal

Revolutionizing the local auction industry, auctioneers Schokman and Samerawickreme will be introducing Sri Lanka’s first online auction portal which is billed to go live by  next month.