Abans Environmental Services spearheads relief efforts to flood-affected areas

In response to the marked need exhibited by communities displaced due to the recent torrential rains and mudslides, Abans Environmental Services has undertaken an active integral role in providing assistance to flood-affected areas. 

CTC donates relief items worth Rs.13 mn to flood and landslide victims

Responding to the recent flood disaster, Ceylon Tobacco Company PLC (CTC) and its employees promptly took action to donate flood relief items worth over Rs. 13 million to victims of floods and landslides in several areas of the country. 

Airtel supports disaster victims with technology

Bharti Airtel pioneered to assist those who are affected by the recent floods. Anyone can locate a missing Airtel customer through the number 0752443443 to find the last location of their loved ones during the disaster. 

People’s Bank helps flood victims across Sri Lanka

As torrential rains recently wreaked havoc across fifteen districts of the island, People’s Bank expeditiously contributed to aid those who were victimized. 

NSB launches flood relief initiative

As the first phase of the relief programme initiated by NSB on behalf of the public affected by the recent adverse weather conditions and floods, stocks of bottled drinking water was distributed among the public in need of fresh water in identified areas.

NDB takes action to control spread of dengue in selected areas

Renowned for its beauty and sought for its tropical climate, Sri Lanka was able to successfully make its journey of becoming the Wonder of Asia.  

SIA adds Stockholm as second Scandinavian city in route network

Singapore Airlines (SIA) has added a second Scandinavian city to its route network. Operating five times a week from Singapore Changi Airport, SQ362 flies to Stockholm, via Moscow.

Qatar Airways and Monacair announce partnership

Qatar Airways and Monacair announced a new partnership between one of the world’s leading airlines and the French Riviera’s premium helicopter operator, commencing July 4.

Emirates named ‘Best Airline in the World’ at Ultras 2017 Awards

Emirates took home ‘Best Airline in the World’ and ‘Best Middle Eastern Airline’ at the prestigious Ultras 2017 Awards, as voted by the well-travelled readers of The Telegraph’s luxury travel magazine in their annual survey. Sir Tim Clark, President Emirates airline, received the awards at the ceremony held in London.

SilkAir to launch non-stop flights between Singapore and Hiroshima

SilkAir, the regional wing of Singapore Airlines, will be launching non-stop flights between Singapore and Hiroshima, Japan, this year. 

Etihad Guest reaches five million milestone

Etihad Guest, the loyalty programme of Etihad Airways, has celebrated reaching five million members by gifting 500,000 miles and an upgrade to Gold status to the milestone member, Rashid Al Shehhi.

SriLankan introduces Viber sticker to increase brand awareness

SriLankan Airlines, the national carrier of Sri Lanka and a member of the oneworld airline alliance, continuing to reach out to its followers and fans in Sri Lanka and India, has introduced a range of colorful Viber stickers to increase brand awareness and constantly engage with their fans through Viber with latest news and travel offers. These beautiful stickers can be downloaded for free till July 30, 2017.

Oman Air celebrates 24th anniversary with social media competition

Oman Air, the national carrier for the Sultanate of Oman, celebrated its 24th anniversary with the launch of a social media competition that ran across Twitter, Facebook and Instagram. 

DFCC Bank launches reusable bags for staff

In a timely move, DFCC Bank’s Community Projects team has launched a DFCC branded recyclable bag for staff – for the first time in the banking industry. Through encouraging the concept of ‘Take Your Own Bag (TYOB)’ among staff, DFCC Bank expects to reduce the use of One million polythene bags per year. 

Connecting people to nature: Need of the hour for Sri Lanka

This year’s World Environment Day – 5th June – is celebrated under the theme ‘Connecting People to Nature’.

An all-season guide for investors

You have probably heard the terms ‘bull’ and ‘bear’ markets to describe stock market conditions. Simply put, a bull market refers to a market that is on the rise and a bear market is one that is in decline. 

Frontier markets earning their own place in the spotlight

Frontier markets are back in vogue for money managers around the globe, but now the subsector of the emerging markets asset class is earning its right to stand alone in institutional investor portfolios.

Sing leadership song with right tune and right harmony

You may have a great singing voice. That’s great! However, sometimes when you sing if you go out of tune, your singing talent is wasted because there will be no audience. 

Informatics Holdings facilitates Brand Fundamentals workshop with Nicholas Kühne

Brand Fundamentals, a workshop towards growing Sri Lankan brands, jointly organised by Informatics Holdings Ltd and the Informatics Institute of Technology (IIT), was held recently at Ramada, Colombo. 

Dentsu Grant duo wins Young Lions - Media 2017

Proving themselves as the best of the best in the Media category, Kumarini Rajakaruna and Achala Ramanayake walked tall as the winners of this year’s Cannes Young Lions award. 

CIM Sri Lanka Education Focus Group-PABC partner for internship programme

The Chartered Institute of Marketing Sri Lanka (CIM Sri Lanka) Education Focus Group entered into a training partnership with Pan Asia Banking Corporation PLC (PABC) to fulfil the training requirements of PABC job-oriented sales internship programme.

Two and 3-wheelers drive April vehicle registrations

Two-wheelers and 3-wheelers continue to drive vehicle imports to Sri Lanka, which is already plagued with congested roads, unruly drivers and equally bad pedestrians, the latest data available for the month of April, showed. 

Toyota-supported flying car hopes to light Tokyo 2020 Olympic flame

REUTERS: Engineers, supported by Toyota Motor Corp, demonstrated their flying car on Saturday, which they hope will be able to light up the Olympic flame for the opening ceremony of the Tokyo 2020 Summer Games. 

Tougher operating conditions hurt Cargills March bottom line; full year profit up

Sri Lanka’s Cargills Ceylon PLC (Cargills) saw its group performance for the January-March (4Q17) quarter adversely impacted by the challenging operating conditions and one-off, non-recurring expenses, but the top-line remained intact.     

Seylan Development disposes Union Place property for Rs.730mn

Seylan Developments PLC completed its planned disposal of a block of land off Union Place last week for Rs.730 million, a disclosure to the Colombo Stock Exchange by the company stated.

Hemas to ask shareholders more time to utilize rights issue money

Diversified conglomerate, Hemas Holdings PLC, will be asking its shareholders for an extension of up to two and a half years to utilize the Rs.4.1 billion it raised through a rights issue in 2015, a disclosure to the Colombo Stock Exchange (CSE) stated.

CIC 4Q in red as higher borrowing and distribution cost weigh

CIC Holdings PLC (CIC), Sri Lanka’s leading crop and agricultural solutions provider, has recorded a net loss of Rs.200 million or a loss of Rs.2.11 a share for the quarter ended March 31, 2017 (4Q17) against a net profit of Rs.229 million year-on-year (YoY) as higher distribution and finance costs erased top line gains.

Parakrama Dissanayake assumes duties as SLPA Chairman

The appointment of Dr.Parakrama Dissanayake was made by Ports and Shipping Minister Mahinda Samarasinghe, fulfilling a long awaited requirement of SLPA to have a professionally qualified personality as the institution’s Chairman. 

LankaClear stresses need to propel e-transactions, digital payments

As the average number of electronic transactions that happen in the country is only two transactions per point of sale (POS) machine a day, it was recently stressed that much more has to be done to propel electronic transactions in Sri Lanka and to promote digital modes of payments. 

Cargills Bank turns Rs.45mn profit in March amid better margins

Cargills Bank Limited, the banking unit of the Cargills group, turned a net profit of Rs.44.9 million or 5 cents a share for the January – March quarter, recovering from a net loss of Rs.85.7 million incurred during the corresponding quarter last year, the interim results released by the bank showed.