Eight lucky PickMe drivers win Rs.100,000 with ‘Lakshapathi Waram’

PickMe, the homegrown startup with the leading tech-based taxi-hailing app in Sri Lanka, continues its efforts to uplift the spirit of their drivers with the launch of ‘Lakshapathi Waram’, a unique initiative to honour the values of their driver partners. The driver-rewarding scheme recently chose eight drivers and presented each of them with Rs. 100,000.

Union Bank celebrates Vesak with Bodu Bathi Gee Saraniya

In celebration of Vesak, Union Bank held Bodu Bathi Gee Saraniya 2017at the bank’s head office.  Chairman of Union Bank’s group companies NAMAL Asset Management and UB Finance- Alexis Lovell, Director and Chief Executive Officer- Indrajit Wickramasinghe, corporate and senior management, staff and invitees attended the event.

‘Colour Splash’ art competition held for children of Amâna Takaful family

Amâna Takaful being the insurance pioneer of the ‘takaful way’ since 1999, is not only a pioneer in the Takaful field but is also a trusted establishment that places employee growth and well-being as a top priority. It is one such work place where every employee is treated with respect and value. 

Laugfs Supermarkets rewards customers with ‘Lakshapathi’ Raffle Draw

Laugfs Supermarkets chain concluded its ‘Lakshapathi’ Raffle Draw conducted over a 45-day period, featuring cash prizes worth Rs. 100,000 and a daily total bill wipe-off opportunity, in a bid to reward loyal customers. 

DP Logistics moves headquarters to Pelawatta

 DP Logistics (Private) Limited (DPL), a subsidiary of David Pieris Group of Companies has moved from Wellampitiya to Pelawatta to provide greater accessibility and convenience to its customers. The new address is No. 941, Pannipitiya Road, Pelawatta, Battaramulla. The move stems from DPL’s need for additional space to accommodate the growth in demand for its services and expanded product range. 

You’re My Favorite‘s film with Darshi Keerthisena wins CFW Fashion Film Award

The Summer Season of Colombo Fashion Week in March 2017 saw the introduction of a new annual initiative called Fashion Films. This brought together two creative streams of fashion and films; Five 

Mobitel gives the gift of clear vision to over 16,000 customers

Mobitel, the National Mobile Service Provider, takes its ‘We care. Always’ pledge a step further by organizing its 16th ‘Eye Clinic Project’ on 27th May 2017. Demonstrating its social responsibility 

NVOCC agents bank on new ports minister to reverse harmful laws

The Sri Lanka Association of NVOCC (non-vessel operating common carrier) Agents (SLANA) said that it would work with the new Ports and Shipping Minister to address the negativities created by the laws and regulations passed by the previous regime, which have caused the Colombo Port to be viewed negatively by the world.

Cyclone churns towards Bangladesh as storm toll reaches at least 201 in Sri Lanka, India

REUTERS: A severe and intensifying cyclone churned north towards Bangladesh yesterday after heavy rain in Sri Lanka and thunderstorms in eastern India killed at least 201 people, with more torrential downpours forecast.

Edgbaston among top 20 shareholders of JKH

Edgbaston Asian Equity Trust, the Houston Texas-based fund of UK-based Edgbaston Investment Partners, for the first time, is featured among the top 20 shareholders of Sri Lanka’s premier blue chip John Keells Holdings PLC (JKH).

Tobacco retailers meet FinMin over industry concerns

The Sri Lanka Tobacco Retailers’ Association met the newly appointed Finance Minister Mangala Samaraweera at the Finance Ministry last week to highlight several issues facing traders and tobacco sales. 

Shares fall to two-week closing low; floods weigh

REUTERS: Sri Lankan shares fell yesterday in dull trade to close at their lowest in two weeks, as investors booked profits in heavyweights such as John Keells Holdings PLC and Commercial Bank PLC while floods and landslides that hit the island nation weighed on sentiment.

Taj Samudra owner narrows losses in March

TAL Lanka Hotels PLC, which operates the Taj Samudra hotel in Colombo, managed to narrow its net losses to Rs.1.19 million during the March quarter (4Q17), compared to a Rs.28.35 million net loss year-on-year (YoY) through cut backs in expenses, during a period of poor tourist arrivals to Sri Lanka.

NDB committed to bring success to women entrepreneurs

‘When sleeping women wake, mountains move’ a famous Chinese proverb is starting to become more and more relevant in today’s context, in an era where the role of women have become ever more essential in the development of economies across the world.

Maliban named ‘Most Loved’ biscuit manufacturer in Sri Lanka

Maliban Biscuits was honoured as ‘The Most Loved’ biscuit manufacturer, amongst a host of other top brands in Sri Lanka, according to the latest LMD Brands Manual 2017 compiled by Brand Finance and presented by Media Services.

Abbotsleigh Estate obtains all-time record price

At this week’s tea auction, an invoice of PD grade from Abbotsleigh Estate, selling under the ‘Florence’ mark, secured an all-time record price of Rs.720 per kilogramme in the CTC high-grown category.

Indian CEO Forum holds fourth annual general meeting

The Indian CEO Forum Sri Lanka (ICF) recently held its annual general meeting (AGM), where Special Assignments Minister Dr. Sarath Amunugama was the chief guest and Indian High Commissioner in Sri Lanka Tajinder Sandhu was the guest of honour.

Etihad Airways named official airline partner of 2019 Special Olympics World Summer Games

Etihad Airways has been unveiled as the official airline partner of the 2019 Special Olympic World Summer Games, an event that will bring more than 7,000 athletes from 170 nations to Abu Dhabi in March of that year.

LIC India Chairman visits Colombo

V.K. Sharma, Chairman LIC of India and Chairman, LIC (Lanka) Ltd. accompanied by Hemant Bhargava, M.D. of LIC of India and Director, LIC (Lanka) Ltd. are in Colombo to attend the 49th Board Meeting of LIC (Lanka) Ltd.  

GSP Plus regained, so what’s next?

In a global economy, no country can feed itself without going for imports and exports, being engaged in international trade. Each and every nation, having identified its comparative advantages,

Seylan Bathi Gee Harasara 2017

Celebrating the Vesak season, Seylan Bank organized ‘Seylan Bathi Gee Harasara 2017’ for the ninth consecutive year at Seylan Bank head office. 

A man holds a bus stop post on a flooded road as he waits for a military vehicle to go to a town

A man holds a bus stop post on a flooded road as he waits for a military vehicle to go to a town, in the Bulathsinhala village, in Kalutara. The death toll due to inclement weather had reached 177 at the time this paper went to print and the number of people affected had topped half a million (Reuters)  

MCB Bank opens upgraded Wellawatte branch

With its strategy to provide customers a state-of-the-art banking experience, the fast growing Pakistan-based MCB Bank declared open their newly refurbished and renovated Wellawatte branch on May 26th. 

Rhino ‘WasanaRella 3’ provides chance to win millions and gold sovereigns

Rhino Roofing Products Ltd., the manufacturers of chrysotile roofing sheets, offers a range of roofing and ceiling products. These include flat ceiling sheets under the Rhino brand name and corrugated roofing sheets (which are machine-painted for the first time in Sri Lanka) under the Colorup brand. The company is pleased to announce a consumer competition ‘Rhino ColorupWasanaRella 3’ from June 1st to August 31st for the benefit of co

Amâna Takaful’s top achievers to participate in annual MDRT

Eleven top achievers from Amãna Takaful Life (ATL Life) were recently selected to attend the annual Million Dollar Round Table (MDRT) conference which is set to take place in Orlando, Florida from 4th-7th June, under the theme ‘Innovation & Inspiration’. 

ComBank unveils auto bill pay facility

Credit card holders of Commercial Bank of Ceylon need no longer worry about paying their bills on time thanks to an automated bill payment facility launched by the bank.

Standard Chartered and Uber tie up

Standard Chartered is delighted to bring to its credit cardholders a 20 percent cash back on Uber rides with a saving of up to Rs.1,500 a month, for cardholders with total monthly retail spends of a minimum Rs. 40,000 on their credit cards. New users who download the Uber app – one of the world’s most popular transport apps, and register with their Standard Chartered credit card will be rewarded with the first 2 rides free, up to a ma

Small hydropower industry debunks negative theories

Sri Lanka’s small hydropower industry came out strongly against the negative theories and myths that plague the industry, despite it showing tangible evidence that such negativities have  no foundation.  

Crysbro celebrates annual get-together and awards night

Crysbro celebrated its annual get-together and awards night 2017 with members of their staff and management at the Mahinda Rajapaksa Auditorium at Polgolla on 30th April. 

NDB CEO’s Club winners felicitated

NDB CEO Dimantha Seneviratne addresses the CEO’s Club members of NDB Bank on their outstanding Bancassurance performance in 2016, at an exclusive event organised by AIA Insurance, at Waters Edge recently. This recognition programme has been very successful in strengthening the long and fruitful partnershipbetween AIA Insurance and NDB Bank.