Pan Asia Bank holds Central Sales Unit Achievers’ Awards Ceremony

Pan Asia Bank recently held its very first awards ceremony to recognize the outstanding performers of its Central Sales Unit. 

IPM Sri Lanka to expand footprint to Maldives

IPM Sri Lanka has initiated plans to expand its footprint to neighboring Maldives in order to provide their expertise in HR education and people management skills to the citizens of Maldives. 

Naveed Anjoon honoured at CTC’s Chairman’s Awards

Ceylon Tobacco Company (CTC) takes great pride in bestowing the company’s highest honour, the Chairman’s Award, upon an employee who has performed exemplarily through contributions that strengthen and further the company’s organisational objectives. 

Putting employees first means shift in focus : Oracle

Yazad Dalal is the Senior Director of HCM Strategy and Transformation at Oracle Corporation where he is responsible for developing thought leadership and identifying trends in all areas of Human Capital Management.  Following is an in-depth interview with Dalal who works with HR leaders to deliver technology solutions that enable them to transform their organizations and modernize their workforce tools. 

HNB once again wins big at Asian Banker Awards 2017

Continuing an unprecedented winning streak, Sri Lanka’s leading private sector commercial bank, HNB PLC was once again awarded the Best Retail Bank for the ninth year and Best Micro Finance Product of the Year in Sri Lanka for the first time at The Asian Banker’s International Excellence in Retail Financial Services Awards Programme 2017.

Crescent Global supports govt.’s national insurance programme

Crescent Global’s top-rated reinsurance covers and support are what could only be termed ‘a miraculous blessing bestowed on the country’ for the maiden national insurance schemes rolled out by the government recently, including a first of its kind in the world, the national natural disaster insurance scheme (NNDIS) for all uninsured Sri Lankans.

CMA signs MoU with India’s Gujarat Forensic Sciences University

The Institute of Certified Management of Accountants of Sri Lanka (CMA) entered into a collaboration with the Gujarat Forensic Sciences University (GFSU) Gandhinagar, Ahmedabad, Gujarat, India, by signing a memorandum of understanding (MoU) recently.

People’s Bank clinches Slim-Nielson People’s Awards for 11th consecutive time

People’s Bank won the People’s Service Brand of the Year and People’s Banking Service Provider of the Year awards for the 11th consecutive time at SLIM-Nielson People’s Awards 2017 recently. 

DFCC Bank engages with nation for Earth Hour through social media

DFCC Bank will celebrate Earth Hour on March 25 by switching off power between 8:30 p.m. and 9:30 p.m. across all its branches. 

Personal loans now more accessible with NTB

Ever set out to do something great only to be constrained by a lack of access to funds? You need never be in that position again because personal loans are now more accessible than ever before with Nations Trust Bank (NTB). 

Managing waste water in Sri Lanka: An uncomfortable reality

This year’s theme of the World Water Day focuses on waste water. This article highlights the urgent need for effective management of waste water, given the severity of the problem and the catastrophic outcomes it could result in if not handled wisely.  

Is G20 backing down on its fight against protectionism?

Some worrying headlines have come out of the meeting of G20 finance ministers and central bank governors in Germany over the weekend. The headlines warn that the G20 has been ‘steamrolled’ by the new Trump administration into scrapping its decade-long tradition of stating its opposition to protectionism in its communiqués.  

Saving water is saving money says NDB

Recommended at the 1992 United Nations Conference on Environment and Development in Rio de Janeiro, the World Water Day is held annually on March 22 each year. The objective is to focus attention on the importance of freshwater and advocating for the sustainable management of freshwater resources. Each year a specific aspect of freshwater is highlighted. In 2015, the theme was ‘Water and Sustainable Development’, in 2016, it was &lsqu

Boost for local tech firms expected from SL-Singapore FTA

The Sri Lanka-Singapore free trade agreement (FTA) talks have included a novel approach to digital services in the negotiations agenda, which is likely to afford new opportunities for Sri Lanka’s digital entrepreneurs, an Information Communications Technology Agency (ICTA) official said recently.

Ravi K to leave for London to receive top award

Finance Minister Ravi Karunanayke will leave for London today to receive the ‘Finance Minister of the Year for Asia Pacific - 2017’ award bestowed on him by the ‘The Banker’ magazine, a Finance Ministry statement said.

H’tota port bunkering expansion must to remain competitive: expert

The idling Hambantota bunkering facility requires further expansion in order to become competitive with regional bunkering facilities, a shipping industry stakeholder told a maritime forum held in Colombo, recently.  

NDB withdraws from int’l rating arrangement with S&P

Standard & Poor’s (S&P) has affirmed National Development Bank PLC’s (NDB) long-term and short-term issuer credit rating at ‘B’ with a stable outlook in its report dated March 20, 2017.  The affirmation is given on the ratings issued by S&P in December 2016. 

Rupee ends steady; rates decision awaited

REUTERS: The Sri Lankan rupee closed steady yesterday as dollar demand from importers offset selling of the greenback by exporters late in the day, even as dealers said rising imports and selling of rupee bonds by foreign investors weighed on the currency.

CB calls EOIs for new electronic bond trading platform

The Central Bank this week called for expressions of interests (EOIs) for the establishment of a new electronic trading platform and a bond clearinghouse for government securities.

February consumer prices soar 8.2% prompting Monetary Board to act fast

The food and non-food prices measured by the national consumer price index surged 8.2 percent during the 12 months to February 2017, jumping from 6.5 percent from a year ago, the data released by the statistics office showed. 

UTE marks 70th anniversary

Recognised for delivering the highest quality engineering solutions and unmatched service support, United Tractor & Equipment (Pvt.) Limited (UTE) proudly celebrates its 70th anniversary this year. Founded by W.D. Fernando in 1947 as a family-owned company, UTE began serving the nation as the sole Caterpillar dealer for heavy construction machinery. This vital partnership continues seven decades later thus making it one of the oldest Caterpil

Browns Agriculture plays significant role in govt. initiative

The Disaster Management Ministry and Presidential Secretariat handed over 200 Browns TAFE 45 DI tractors together with bowsers to the Government Agents and District Secretarial Offices in the drought-affected areas.

Customers prefer Keells Super’s ‘Super Fresh Chicken’

Popular supermarket chain, Keells Super recently launched their latest produce in the meats range by introducing ‘Super Fresh Chicken’ across all its 60 plus outlets. The move is in line with its quest to ensure that the customers get the best in freshness and nutrition.

Rs.1 lakh turns into Rs.1mn for DLB lottery winners

For decades the Development Lotteries Board (DLB) has been dedicated to uplifting the lives in Sri Lanka and has contributed to the development in the country through its marketing and corporate social responsibility (CSR) endeavours. Recently it made a record-breaking change and relaunched the popular product Lakshapathi by rebranding it as Dasalakshapathi. The objective of revitalizing the brand is to offer the loyal consumers greater opportuni

EFL celebrates 35th anniversary as global logistics provider

Leading logistical services provider Expolanka Freight (Pvt.) Ltd celebrates its 35th anniversary today.

Singer launches much-awaited Avurudu offers

Singer Sri Lanka, the country’s leading retailer in consumer durables, launched its special Avurudu offers for the upcoming Avurudu season. 

National Chamber’s ‘Meet the Minister’ to feature John Seneviratne

The National Chamber of Commerce will host the  Minister of  Labour and Trade Unions, , on   ‘Meet the Minister’ programme for an interactive session with the business community, on April 6, from 3.00 p.m. to 4.30 p.m. at the Chamber Auditorium,  Colombo 10.

Economic Assn. to hold seminar on power sector challenges

Sri Lanka Economic Association in collaboration with Department of Economics, University of Colombo, is organizing a seminar titled ‘Emerging Challenges in the Power Sector in Sri Lanka.’ The event will be held on March 23 at the Department of Economics Auditorium, University of Colombo.

DFCC Bank Engages With The Nation For Earth Hour Through Social Media

DFCC Bank will celebrate Earth Hour on 25th March by switching off power between 8.30pm and 9.30pm across all its branches. In order to promote greater awareness about Earth Hour,

Private sector calls for more transparency in H’tota port deal

The private sector last week expressed concerns over the government’s ‘iron curtain’ with regard to the Hambantota port sale agreement and called for more transparency and the involvement of local businesses in the venture.