AdCove International ventures to Sri Lanka

AdCove International Advertising and Marketing (Pvt) Ltd, a global advertising and marketing company functioning in Mumbai, India unveiled its newest branch in Sri Lanka. 

CIM Sri Lanka appoints student committee for 2017

CIM Sri Lanka, appointed the new student committee for the upcoming endeavours of the year 2017 with the objective to uplift the marketing community of the country by bringing together all CIM students across the local region and offer a knowledge sharing experience with loads of fun and excitement.

Anscom celebrates five years of providing smart security solutions

Anscom, one of Sri Lanka’s premier high-tech security solution providers, celebrated 5 years of successful business operations in  Sri Lanka recently. 

HNB Assurance 1Q profit surges over higher premiums, investment incomes

HNB Assurance PLC, the insurance subsidiary of the Hatton National Banking group, reported earnings of Rs.74 million or Rs.1.48 a share for its March quarter (1Q17), an increase of 121 percent from a year ago as the gross written premiums (GWPs) from both life and non-life businesses increased, the interim results showed. 

HNB relocates to spacious new Ratnapura customer centre

Catering to the rapid growth in commercial and retail banking activity in the area, Sri Lanka’s premier private commercial bank, HNB PLC, officially opened its newly relocated Ratnapura customer centre at No: 9, Senanayake Mawatha, Ratnapura. 

MyDialog: App to control all Dialog services

Have you ever wished that you could control all your connectivity needs through one app? That you could check your phone bill, your internet bill, your rewards points, your mobile wallet, your television channels, news and a whole lot of other services in just one place? That you could transfer funds and make appointments, all starting from one central location?

Rupee ends lower on importer dollar demand

REUTERS: The Sri Lankan rupee ended weaker yesterday led by usual importer dollar demand, but dealers said depreciation pressure on the currency has eased on strong inflows from foreign borrowings.

GSP Plus: An elixir or just palliation for Sri Lanka’s export woes?

Sri Lankan exports, which have been flagging in recent times, gained some much needed relief with the European Union’s (EU) Foreign Affairs Council deciding to grant additional trade preferences to Sri Lanka under its GSP-Plus initiative. 

SLIM’s ESF features Harpo Gooneratne

The SLIM Experience Sharing Forum (ESF) was held in March this year featuring CEO/Founder of Harpo’s chain of restaurants and cafes, Harpo Gooneratne. 

Shares extend gains on foreign inflows

REUTERS: Sri Lankan shares ended at their highest level in over a year as foreign investors continued to buy blue chips after an annual trade concession worth US $300 million from the European Union (EU) added fuel to a rally that started towards the end of March.

UAE’s Lulu Group reveals plans for mega investments

The UAE-based retail and leisure giant LuLu Group is planning to invest heavily in Sri Lanka in the future, officials said yesterday when the group entered Sri Lanka by opening a US $ 8 million food packaging facility in the Katunayake Export Processing Zone to supply LuLu operations worldwide.

AIA Insurance Lanka March profit declines amid higher claims and expenses

AIA Insurance Lanka PLC (AIA), the local unit of Asia-based AIA Group Limited, reported earnings of Rs.71.2 million or Rs.2.32 a share for its March quarter 2017, a decline of 18 percent from a year ago as the company paid higher claims and benefits while the other expenses also rose.

Huawei and Intel sign MOU to accelerate HPC innovation

Huawei and Intel signed a Memorandum of Understanding (MOU) to cooperate in high-performance computing (HPC) to provide competitive and innovative HPC products and solutions.

Pizza Hut and Visa join hands for pizza promo

Once again, Pizza Hut, Sri Lanka’s leading pizza brand and Visa, the global leader in payments technology, have come together to offer its customers the ever popular ‘Your Visa for free Pizza’ offer.

The latest addition to the luxury hotels in Sri Lanka

Set on a hillock in a picture-perfect destination on the south-eastern coast of Sri Lanka, Sooriya Resort & Spa is a new four-star class deluxe hotel where the pristine golden beaches and diversity of 

Blue Mountain Spreads Light for Vesak celebrations

Blue Mountain’s ethereal lanterns brightened up UN Vesak Day celebrations which were celebrated in Sri Lanka this year with the participation of Buddhist leaders from around the world. The three-day 

Port City introduces livelihood support programmes for Negombo fishermen

A number of development programmes to improve the livelihood of fisher folk and provide them with financial benefits have been launched by the Colombo Port City in collaboration with the Ministry of Fisheries and Aquatic Resources Development.  

Litro Gas Lanka provides modern LPG cooking facilities to 100 places of worship

Celebrating International Vesak Day 2017, Litro Gas Lanka Limited, the largest importer and supplier of LP Gas in Sri Lanka plans to provide modern cooking facilities to 100 selected places of worship across the island. 

Lanka Social Ventures to launch Green Business Accelerator programme

Sri Lanka is facing a multitude of environmental concerns resulting from pollution of water and soil caused by excessive use of agro chemicals, disposal of non-degradable items such as plastic polythene to water ways and soil, illegal felling of trees, mining of sand in river beds etc. 

Biodiversity Sri Lanka to commemorate International Day of Biological Diversity

Biodiversity Sri Lanka will commemorate the International Day of Biological Diversity which falls on 22nd May each year, with an evening session on the UN designated theme for 2017: ‘Biodiversity and  sustainable tourism’.

Kanrich Finance launches ‘Kanrich Liya Saviya’ Avurudu fair in Kandy

With a rich and trusted heritage of over 45 years, Kanrich Finance has always been in the forefront as a pioneer financial institute in Sri Lanka. 

The economic school you’ve never heard of

Mainstream economics is under heavy pressure. Consistently wrong policies and forecasts have damaged the field dubbed ‘the dismal science’. But what do critics propose should supersede the prevailing neo-Keynesian and neoclassical schools? Almost all alternative economists are calling for more government involvement to ‘fix’ the free market and make it work better.

Standard Chartered launches new Parental Leave plan

Standard Chartered parents now enjoy an enhanced Parental Leave plan, which came into effect across the group’s markets with effect from April 1, 2017.

361 Degrees marks another successful year as Sri Lanka’s largest HR solutions provider

361 Degrees, Sri Lanka’s largest teambuilding, leadership, engagement, innovation, strategy and soft skills service provider, reached another significant milestone as it achieved its best-ever performance during the 2016/17 financial year.

Training duo Sanjeev and Kumar pool strengths to build ‘The Smart Professional’

Well-known trainers Sanjeev Jayaratnam and Kumar de Silva have teamed up once again to host yet another of their popular motivational, skills development and corporate etiquette workshops on Wednesday, May 31, 2017, at Galadari Hotel in Colombo.  

WISTA Sri Lanka and CASA’s YSP host Career Day 2017

The Women’s International Shipping and Trading Association (WISTA) Sri Lanka partnered with Young Shipping Professionals (YSP) of CASA and very successfully organised Career Day 2017, a programme for students from schools in the Galle District, at Hall de Galle, recently.

Sampath Bank holds ‘25 Years of Service Awards 2017’

Sampath Bank felicitated its loyal staff members who completed 25 years of service at the bank.

Iconic Galaxy welcomes Jacqueline Fernandez as a resident

Iconic Galaxy is Jacqueline Fernandez’s first Sri Lankan address. The popular Bollywood mega star, cine personality and model, has just bought a four-bedroom apartment in the luxury property, perched on the trunk route of Jayewardenapura - Buthgamuwa Road. 

Locwid introduces FRP roofing technology to Sri Lanka

Traditional flat roofs have long been the bane of the construction industry. They are slow to install and once finished, are extremely heavy, adding deadweight to the roofing structure and possible damage. 

Ekroma-Design Advocacy bring Colombo’s boutique apartments to life

Bringing the concept of boutique apartments to life, Ekroma Realtors, a Board of Investment (BOI)-approved real estate and development company, has a vision of introducing uniquely designed living spaces to discerning Sri Lankan homeowners.