Insee Cement’s Sanstha brand wins People’s Award for sixth successive year

Insee Cement emerged victorious at the recently concluded SLIM-Nielson People’s Awards 2017, where Sanstha Cement was lauded with the Brand of the Year Award for housing and construction for the sixth consecutive year. 

Interbrand ‘Breakthrough Brands’ global submissions close for 2017

Interbrand Breakthrough Brands examines organizations that have both a unique business model or idea and a strong brand. 

Chinese restaurant chain ‘Mainland China’ to open first Lankan outlet in July

The very best of Chinese cuisine comes to Colombo, as the renowned international Chinese fine-dining restaurant chain, Mainland China, will open its first outlet in Sri Lanka in July this year. 

‘Laugfs on Stage’ recognizes multi-talented employees at grand finale

‘Laugfs on Stage’ season II grand finale lit up the stage at the Nelum Pokuna Theatre with the participation of more than 40 Laugfs employees who showcased their artistic talents to an enthralled audience and a distinguished panel of judges to win the coveted finale awards. 

Five piling machines take centre-stage at Capitol TwinPeaks

The construction of Capitol TwinPeaks, the iconic 470-apartment twin tower project being developed by Capitol Developers Limited at Staple Street, Colombo 02 is progressing rapidly. 

Belluna Co. and Asia Capital add to Colombo’s skyline with ‘447 Luna Tower’

Belluna Co. Ltd, Japan, in a joint venture with Asia Capital PLC are set to transform the skyline of Colombo, with their exclusive apartment development project ‘447 Luna Tower’, located in the heart of the city at Union Place. 

Shares up 1% as foreign buying hits near 3-yr high

REUTERS: Sri Lankan shares rose more than one percent to end at a six-month high yesterday as foreign investors increased the pace of stock purchases, with the net single-day inflow hitting its highest in nearly three years.

Lee Hedges fully acquires its real estate developer

Lee Hedges PLC (SHAW) recently acquired the full control of Lee Hedges Investments Limited (LHI), which has been carrying out real estate development on behalf of SHAW.

DFCC Bank enhances branch network in Ambalantota and Wattegama

DFCC Bank enhanced banking convenience in Ambalantota and Wattegama recently, moving into a more spacious and customer friendly environment. The branches were declared open by Lakshman

Avurudu vibes at Leo Burnett Sri Lanka KohoKoho Leo Leo

In keeping with the traditions of the NationalNew Year, the team at Leo Burnett Sri Lanka, the local office of the global advertising network Leo Burnett Worldwide celebrated the joy with the agencyteam 

CAB to hold Interbank Quiz Competition on Sunday 29th April 2017

The 25th Annual Interbank Quiz Competition organized by The Clearing Association of Bankers (CAB) is to be held on 29th April (4:00pm onwards) at the Grand Ballroom of the Hotel Galadari,

Selling; where have all the soldiers gone?

The absence of salesmanship in selling has become a common challenge for almost every business organization in both business to business and business to consumer engagement. This has resulted

Mobitel quenches the thirst of those travelling long distances for the New Year

Providing a vital social service to tired travelers en-route to their hometowns located across the country for the Sinhala and Tamil New Year, Mobitel initiated a project that provided these travelers access to 

In a magnificent sight, 5 piling machines take centre-stage at Capitol TwinPeaks

The construction of Capitol Twin Peaks, the iconic 470-apartment twin tower project being developed by Capitol Developers Limited at 24, Staple Street, Colombo 02 is progressing rapidly. Within a short 

CEA Chairman goes on board Port City dredger

A 15-member delegation of senior government officials including the Chairman of the Central Environment Authority (CEA), went on an inspection tour of Colombo Port City’s sand mining operation recently.  

CUTS conducts conference on facilitating connectivity in Bay of Bengal region

Consumer Unity and Trust Society (CUTS) International, headquartered in Rajasthan, India in partnership with Bay of Bengal Initiative for Multi Sectoral Technical and Economic Cooperation (BIMSTEC) conducted a conference on ‘Facilitating Connectivity in the Bay of Bengal Region’, with particular emphasis on physical, energy and investment connectivity in Dhaka, Bangladesh on second week of April. 

HNB relocates to upgraded customer centre in Akurana

Continuing its rapid growth momentum in the New Year, HNB, Sri Lanka’s premier private sector commercial bank, announced the opening of its newly relocated customer centre at No.236. Kurundugahaela, Akurana. 

NMG Consulting holds reception for clients to mark anniversary

NMG Consulting held a private drinks reception for its clients at the Colombo Swimming Club recently to celebrate its 25th anniversary.

LOLC Real Time is not merely about providing speed and convenience to customers: official

LOLC Finance PLC, the flagship finance company of the LOLC Group recently launched a comprehensive payment platform named, LOLC Real Time. This real-time fund transfer platform of LOLC Finance was unveiled as part of the company’s continuous efforts towards technological innovation and improvement. 

Softlogic Life’s leadership in technology featured at top Asian Insurance Summit

Lasitha Wimalaratne, Deputy General Manager – Life Operations of Softlogic Life recently addressed the prestigious Insurance Claims and Underwriting Management Asia Summit 2017 which held at The Furama River Front Hotel, Singapore. 

Sri Lanka REDD+ programme launches country’s first NFMS platform

With the adoption of the Sustainable Development Goals (SDGs) in September 2015 and the new agreement on climate change at COP21 in Paris, Sri Lanka received a much-needed push towards implementing its ambitious forest-centric development agenda. 

Farming family’s commitment to dairy excellence earns presidential recognition

Suneetha Rupasinghe and Suneetha Wevita, a dairy farming family from Hanwella that has been supplying Fonterra Brands Sri Lanka for over eight years, never imagined that their family-run farm would be recognised by the state.

Siddhalepa awards scholarships to Galle Janadhipathi Vidyalaya students again

The Siddhalepa group, which has a close affinity with the Janadhipathi Balika Vidyalaya in Galle, which the group rebuilt in a post-tsunami period, rewarded its most talented students with 30 scholarships for the 10th consecutive year.

Suren Cooke Agencies fights against deadly mosquitoes

Suren Cooke Agencies, the pioneers in making the community a safer place to live, carried out a massive vector control campaign in several rural areas, to help people get relief from mosquitoes. Dengue is the most deadly mosquito-borne viral disease, especially confronting countries located within the equatorial region, having high temperature. Rainfall and humidity are conducive for mosquito breeding and migration that causes extensive transmiss

Sierra helps CKD-prone communities get clean water

People in two chronic kidney disease (CKD)-prone areas in the Anuradhapura and Trincomalee Districts can feel safer following the donation by Sierra Construction (Pvt.) Ltd of two reverse osmosis (RO) plants for the purification of water.

Sustaining growth in a less supportive external environment

It is quite likely you are reading this on a smartphone or tablet assembled in an emerging market economy. The beverage beside you could well be tea grown in Sri Lanka or Kenya. And there is a chance that you are —or soon will be—on a plane headed for Shanghai, Sao Paulo or St. Petersburg. The list could go on. But even from a few examples around us, it is easy to detect the pervasive role of emerging market and developing economies i

South Asia could potentially benefit from globalization backlash: World Bank

Possible protectionism in advanced economies should not deter export-oriented growth in South Asia, a region that could even benefit from the backlash against globalization, a new World Bank report said this week.

Why do you live where you live?

By Why do the people in the world as a whole or within a given country, live where they do? Why are some places so densely populated and some so empty? In daily life, we take this variation in density as a matter of course, but in many ways it can be quite puzzling.

Ishara ups direct holding in Browns Investments

Corporate leader Ishara Nanayakkara has upped his direct holding in Browns Investments PLC, the strategic investment vehicle of Browns and LOLC groups, Nanayakkara’s broker, LOLC Securities, informed the Colombo bourse yesterday.   

Indian tycoon Mallya granted bail in London extradition hearing

REUTERS: Flamboyant businessman Vijay Mallya, pursued by Indian authorities over unpaid loans tied to his defunct Kingfisher Airlines, was arrested in London yesterday and appeared in court for an extradition hearing.