US interest rate hikes: How should Asia respond?

For global financial markets, the US interest rate outlook is the elephant in the room. Sharply higher rates could destabilize markets, particularly in emerging Asia where rising debt levels are shaping as a threat to growth.

Insee Cement’s Ruhunu Cement Plant celebrates 50 years

Insee Cement’s Ruhunu Cement Plant in Galle celebrates 50 years of enriching the construction sector in Sri Lanka. 

Only 50% of tourists to SL patronize star-class hotels

Before this analysis is presented in this paper, it may be worthwhile to establish some clear definitions as follows: 

Smart Furniture–a trend setter in modern living

The Ceylon Chamber of Commerce in collaboration with Fair Deal AS, a multinational company, has taken the initiative to introduce the smart furniture concept to apartment complexes and city hotel projects for the first time in Sri Lanka. 

Home Lands Skyline’s landmark project Porshia Nawala under way

Home Lands Skyline has reached another milestone with the completion of the piling of Porshia Nawala project.

Sulaiman’s Hospital outsources lab services to LHD

Sulaiman’s Hospital recently announced its decision to outsource its laboratory services to Lanka Hospitals Diagnostics (LHD), the pioneers in providing high-quality medical laboratory services to patients and the doctors.  

Give2lanka launches housing project for poor with IT corporates

Give2Lanka, a not-for-profit organization that connects donors with impactful poverty alleviation projects, takes a groundbreaking step of an inclusive programme of building houses for the poorest families with the direct participation of corporates in the IT sector.

Cargills Bank gears to expand presence in rural areas

Cargills Bank Limited has reported improved performance for the three months ended March 31, 2017. 

Fairway forms partnership with Waste Management Authority

Fairway Waste Management (Pvt) Ltd and the Waste Management Authority of the Western Provincial Council recently signed a concession agreement to form a Public-Private Partnership that would create a sustainable model for Municipal Solid Waste (MSW) processing at Karadiyana in the Western Province. 

Fairway Waste Management Forms a Partnership with The Waste Management Authority by Means of a Conce

Fairway Waste Management (Pvt) Ltd and the Waste Management Authority of the Western Provincial Council recently signed a Concession Agreement to form a Public-Private Partnership that would 

The Lamudi Third Real Estate Expo indicates a striking success

The Third Lamudi Real Estate Expo that took place onthe North Lawn of Taj Samudra on the 17th and 18th of June 2017 turned out to be a roaring success. Welcoming property seekers and investors from 

China’s Avic Intl. joins with Chinese Red Cross for relief efforts

Since the heavy rainfall hit Southern, Western areas of Sri Lanka in late May, the severe floods and landslides had caused injuries, casualties and property losses of thousands of families. 

Charles Education Centre opens new school in A’pura with Hayleys support

Extending a helping hand to communities in the Anuradhapura, UK-based charity, the Charles Education Centre, opened the Mahawilachichiya Education Center for Children with a view to providing underprivileged communities in the region with access to high quality educational facilities.  

Citi in collaboration with gudppl celebrates Global Community Day

Citi celebrates its 12th annual Global Community Day, with more than 80 Citi volunteers in Sri Lanka joining the efforts of nearly 100,000 of their colleagues, family and friends in 500 cities in 91 countries and territories to engage in service activities in their local communities.   

Airtel supports and empowers students affected by Meethotamulla tragedy

As the Sinhala and Tamil New Year dawned on April 14th, the residents at Meethotamulla, 

Flood-affected residents receive free services and repairs from Abans

Due to the adverse impact that the recent floods and mudslides have imposed on several communities, Abans Service has undertaken an active integral role in providing assistance to flood-affected areas. 

Ceylon Tobacco Company donates relief aid to Matara flood victims

In the wake of the recent flooding that cost many lives, and deprived people of their homes and belongings, the Ceylon Tobacco Company recently donated 1000 bags of dry rations to those affected in Matara. 

Majority of Qatar Airways’ global flights operating as scheduled

Qatar Airways’ operations to and from its Doha hub are running smoothly, with the vast majority of flights operating as scheduled.

CSC officials attend port management seminar in China

Saman de Silva , Deputy Manager and   K.R. Nadeeshani , Assistant Manager  attached to the Chartering & Agency Department and Business Development of Ceylon Shipping Corporation Ltd.(CSC)  attended the seminar on port management conducted by  the Ningbo Polytechnic University, China which was held from 17th May – 06th June at Ningbo, China.

SriLankan Airline’s annual loss widens as Airbus compensation bites

REUTERS: SriLankan Airlines on Friday said its losses more than doubled in the year ended March 2017, hit by high costs of cancelling leases on Airbus aircraft and partial closure of the country’s main airport.

Philippine Airlines Cargo to deploy B777s flights to US

Delmege Aviation Services, GSA for Philippine Airlines Cargo (Sri Lanka and Maldives) informed that the PAL fleet will be expanded including two Boeing 777 – 300 ER units, slated for delivery in December, which will be deployed on flights to the US.

Pendulum Express Lines launches services to Colombo

Hong Kong registered Pendulum Express Lines (PEL) has launched its services (PIX) to Colombo recently.  The Pakistan India E

KDK @ Construction Expo 2017

Elite Radio & Engineering Co., (Pvt) Ltd. sole agent for KDK brand fans participated at Construction Expo 2017 as Gold Sponsor, seen here is is CEO SurenKundanmal explaining the concept of IAQ - Indoor Air 

Seylan Bank wins 2 Golds at Golden Globe Tiger Awards 2017

The most socially-engaging bank in Sri Lanka, Seylan Bank, won two major international awards for its performance on the social media platform at the Golden Globe Tigers Awards 2017 organised by the CMO Asia team. 

Art of speculation in stock markets

Speculation plays a key role in stock markets. The stock market and all its fluctuations are entirely based on millions of transactions that occur between buyers and sellers each day. Each of these buyers and sellers has different reasons for their activity, but all, at least a little bit, are based on speculation. Thus, speculation is not limited to speculative stocks—stocks with a high degree of risk. 

HSBC sees fewer London jobs move on softer Brexit hopes

REUTERS: HSBC sees the chances of a hard Brexit receding after Britain’s shock election result, which could result in fewer jobs moving out of London, its investment bank chief said.

Top leaders believe in Pareto’s 80/20 rule and focus on their key result areas

Your key result areas as a leader are those things that you absolutely, positively must do to fulfil your responsibilities and achieve your business goals. There are seldom more than five to seven key result areas in any job or in any business. Your job is to determine what the key result areas are for your work and then to develop a plan to complete them and continually improve in each area. 

IPM Great HR Debate tomorrow

The winners of the two semi-finals, Airtel and CDB, will battle it out for the IPM Great HR Debate Champions Trophy at the IPM National HR Conference to be held on June 20, 2017, at the BMICH.

SLIM opens Strategic Brand Management Diploma for aspiring brand managers

Sri Lanka Institute of Marketing (SLIM) announced the latest intake for the Diploma in Strategic Brand Management (DSBM) at The Kingsbury Hotel recently. 

Sri Lanka’s PR Wire honoured as Gold winner at 2017 PR World Awards

Sri Lanka’s PR Wire has earned the prestigious PR World Awards for the Single Boutique Office Category.