eMarketingEye achieves six wins at Interactive Media Awards

After a record-breaking performance at international competitions in 2016, eMarketingEye (www.emarketingeye.com), the award-winning Sri Lankan digital marketing agency and a pioneer in the industry, welcomed the new year with six ‘Best in Class’ wins at the prestigious Interactive Media Awards (IMA) competition held recently.

Soaring to great heights via secured digital transformation

It’s safe to say that the next industrial revolution is here. And for businesses trying to play a part in it, they must transform digitally. Equally, if businesses are to survive in this digital world, their IT infrastructure and security demand the utmost attention to the hyper growth of technologies that surrounds them. This is why digital transformation is like a double-edged sword -- a crude analogy, but true nonetheless.    &

Gamer.LK crowns ICBT as Inter-University eSports Championship 2017 winner

For the second consecutive year, Gamer.LK, the country’s multi-genre video gaming community powered by digital entertainment enthusiasts, brought the thrill and excitement of eSports to the university level, with Inter-University eSports Championship 2017 – powered by Dialog Gaming

CSSL calls for nominations for Excellence in ICT Awards 2017

The Computer Society of Sri Lanka (CSSL), the premier organisation dedicated to promoting and improving professional standards in the information communication and technology (ICT) sector of Sri Lanka, has called nominations/applications for its CSSL ICT Awards 2017, which celebrates excellence in ICT.

Listed company earnings dip amid challenging business environment

Sri Lanka’s listed entities have put up a poor show for the first quarter of 2017 (1Q17) as their cumulative recurring profits saw a significant decline from the corresponding quarter of the previous year reflecting the tougher economic conditions and weaker business and consumer sentiment engulfing the country’s business landscape.   

SL’s state-owned banks’ market share on decline: Fitch

Sri Lanka’s state-owned lenders such as Bank of Ceylon, People’s Bank and National Savings Bank, have slightly lost their market share to privately held banks during the last three years, Fitch Ratings said.

Shippers call for total liberalization of maritime sector

Sri Lanka Shippers’ Council (SLSC) immediate past Chairman Sean Van Dort called for the total liberalization of the maritime sector, when he said age old walls have to be brought down for the island nation to fully benefit from the seas surrounding it. 

Sunshine mulls closing struggling packaging subsidiary

Diversified conglomerate Sunshine Holdings PLC is currently evaluating the possibility of shutting down operations of its fully-owned packaging subsidiary, Sunshine Packaging Lanka Limited, by end-August, a filing to the Colombo Stock Exchange said.

SriLankan Airlines says Airbus agreed to change A350 order

REUTERS: Airbus is willing to change the terms of an order for four A350-900s from SriLankan Airlines to different planes, the struggling state-run carrier said last week. 

Govt. invites bids for ferry transport system in Colombo

The Sri Lanka Land Reclamation and Development Corporation (SLLRDC), under the Ministry of Megapolis and Western Development, has called for tenders for the first leg of the proposed ferry transport system in Colombo. 

Edulink launches international journal on entrepreneurship

Edulink International Campus, once again plays the role of being a leader in the education industry in nurturing entrepreneurship amongst the youth in the country by launching an international journal on entrepreneurship titled as ‘International Journal of Management and Entrepreneurship’.

Envoy Mansion opens doors to NEGC privilege membership programme

The iconic men’s wear brand Envoy Mansion in association with Channel17 warmly welcomed the membership of Nuwara Eliya Golf Club (NEGC) to enjoy premier fashion and luxury lifestyle at their plush showroom at Bagatalle Road in Colpetty. 

Gamma and Interpharm open quality control laboratory

The new quality control and quality assurance laboratory of Gamma Pharmaceuticals (Pvt) Ltd., and Interpharm (Pvt) Ltd., was declared open by Kalana Hewamallika, the Chairman and the Managing Director of the two companies recently at the factory premises of the companies’ at Madapatha Road, Piliyandala.

Laugfs shares light of Vesak, Poson celebrations with employees, communities

Laugfs initiated a series of programmes themed ‘Laugfs Sadaham Prarthana’ to mark the Vesak and Poson poya days. 

Waters Edge breaks ground for extensive expansion project

The Waters Edge Hotel, Battaramulla broke ground for its extensive expansion project of the 4-floor banquet facility this week, with the objectuve of providing a unique ballroom experience along with the country’s largest banquet facility to visitors by the end of next year.

Rupee edges down on importer dollar demand; stocks up

REUTERS: The Sri Lankan rupee traded slightly weaker yesterday as dollar demand from importers weighed on the local currency, dealers said.

IMF takes ‘unusual’ steps for Greece

AFP: By promising Thursday to approve a new aid plan for Greece, but without releasing any money, the IMF has again departed from its usual procedures to support Athens, exposing itself to accusations of giving the country special treatment. 

BoJ chief says no plan for monetary easing exit

AFP:  The Bank of Japan’s governor yesterday ruled out pulling the plug on its massive monetary easing plan anytime soon, even as his counterparts overseas move in the opposite direction.

Tesco lifts food sales despite rising UK inflation

AFP:  Britain’s largest retailer, supermarket group Tesco, reported yesterday rising sales during its first quarter as it looks to turn a corner after an accounting scandal.

Britain’s Hammond says ‘growth and jobs’ Brexit priority

AFP:  British Finance Minister Philip Hammond yesterday said London Britain must prioritise prosperity in Brexit talks with the EU that begin next week in Brussels.

Asian markets mostly up, dollar and pound extend gains

AFP: Asian markets mostly rose yesterday following a sell-off the previous day, while the dollar and pound extended gains on growing expectations of a hike in US and British interest rates.

Vogue Jewellers adds greater value to your precious love

Eternally transcending lustre, beauty and value undoubtedly make diamonds the best choice to share special love. Diamonds - the icon of eternal love - have been the most revered bridal jewellery from time immemorial. The ingenuity and design innovation of Vogue Jewellers add greater value to your precious love.

Blue Mountain spreads light for Poson celebrations in Town Hall

Blue Mountain erected lanterns to brighten up the streets of Colombo for Poson, earlier this week.  This initiative was carried out in collaboration with the Colombo Municipal Council to celebrate Poson Poya. Over 600 six-foot lanterns were placed in the forms of lotus flowers and stupas every six 

Hameedia-Avirate team up for a delightful Ramazan shopping experience

Hameedia, Sri Lanka’s leading menswear specialist, has entered into a strategic partnership with Avirate to offer a special range of Women’s Ready-to-wear collections complementing its exclusive Menswear Collection that Hameedia is renowned for.

Poson Bakthi Ghee at Cinnamon Lakeside

Premier five-star urban resort Cinnamon Lakeside commemorated Poson Poya with Bakthi Gee sung by the hotel’s associates. 

HNB to power Peterite Walk 2017

Continuing its long-standing relationship with St. Peter’s College, Colombo 4, Sri Lanka’s premier private sector bank, HNB PLC announced that it would be joining in the school’s 95th year celebrations, by serving as the Official Banking Partner to Peterite Walk 2017.

Hello Kidz 10th outlet opens in Piliyandala

Hello Kidz has cemented its reputation as a reliable supplier of quality ‘mother and baby care products’ and successfully opened its 10th retail outlet in Piliyandala.

DBL patronizes cheerer of SL Cricket

Just like in every cricket tour, the cheerer of Sri Lanka Cricket and Brand Ambassador for Deen Brothers Imports (Pvt.) Ltd (DBL), Gayan Senanayake, has flown to the realm of England to cheer for our team at the ICC tournament under the honoured sponsorship bestowed on him for the air tickets and related facilities by DBL.

Pan Asia Bank commemorates Poson Poya 2017

In commemoration of Poson Poya, Pan Asia Bank staff conducted a ‘Poson Bakthi Ghee Saraniya’, which was held recently, at the bank’s head office.

The Outlet Store launched in Colombo

Joining the fastest growing retail fashion sector in Sri Lanka with an aim to bring the latest trends for an exclusive family shopping experience at affordable prices, The Outlet Store was recently launched in the heart of Colombo.