Engaging employees to deliver a branded customer experience

When we think about what makes a brand great, we often define it through our own experiences. And while we may experience brands through a logo, advertising or websites, the most critical touchpoints  are people.

MBSL & Finance crowned as Emerging Financial Institute of the Year

Making it official, this February, Merchant Bank of Sri Lanka (MBSL) & Finance PLC was crowned the ‘Emerging Financial Institute of the Year’ at the Middle East Asia Leadership Summit Awards 2017.

NDB to raise equity capital to support growth, meet BASEL III requirements

NDB Bank PLC, the country’s top project financier turned fully-fledged commercial bank, says it will raise capital this year to support future growth and BASEL III capital adequacy requirements. 

Pan Asia Bank offers up to 17% for fixed deposits

Pan Asia Bank has come out with a long-term fixed deposit promotion where customers get the opportunity of receiving interest up to 17 percent p.a. for fixed deposit terms of two, three, four and five years. 

John Keells Holdings continues to power CA Sri Lanka with lead sponsorship

Leading conglomerate, John Keells Holdings PLC (JKH), continued to power the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) with yet another lead sponsorship, in an effort to help the professional body continue to develop and enhance the accounting profession in the country. 

Sampath rewards e-Remittance ‘Cash Wasi IV’ winners

Sampath Bank, one of the leading banks in Sri Lanka, has continuously placed unwavering efforts in its services and activities to strive to go beyond the norms of the banking industry in order to offer ultimate benefits with premium convenience and additions to its customers.

Towards a robust national trade policy: Some issues to consider

The Sri Lankan government is currently preparing the country’s first-ever ‘national trade policy’, a document that will provide the framework for Sri Lanka’s international trade engagements. 

Demonetising Rs.5000 note: Boon or bane?

Recently, when a news item appeared in a newspaper that the government was preparing to demonetise the Rs.5,000 currency note, Finance Minister Ravi Karunanayake was quick to react. 

VirtusaPolaris’ CIO among India’s best 50 CIOs

VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., and a leading worldwide provider of information technology (IT) consulting and outsourcing 

ESET sheds light on mobile security

Sri Lanka now has more active mobile phones than people. 

India’s Reliance Capital sells stake in Paytm parent to Alibaba

REUTERS: India’s Reliance Capital Ltd has sold a less than 1 percent stake in payments and e-commerce startup One97 Communications to Alibaba Group Holding for Indian rupees 2.75 billion (US $41.25 million), a source with direct knowledge of deal said yesterday.

IMF flags off mounting economic imbalances as third tranche hangs in balance

The International Monetary Fund (IMF) yesterday flagged off a number of imbalances in the country’s monetary, fiscal and external sectors and urged some decisive actions by the authorities to accelerate the reforms agreed on state-owned enterprises (SoEs) weighing heavily on public finances. 

Leading insurer grumbles over uneven playing field

A leading insurance provider has expressed disappointment over some insurance companies not following state regulations even two years after such regulations came into force, which has created an uneven playing field for  the industry.

Beira Group IPO oversubscribed

Brush maker BPPL Holdings, which is also known as Beira Group, yesterday saw its initial public offering (IPO) getting oversubscribed on the opening day.

S&P affirms ‘B+/B’ rating on SL; outlook remains negative

S&P Global Ratings yesterday affirmed its ‘B+’ long-term and ‘B’ short-term sovereign credit ratings on Sri Lanka. The outlook on the long-term rating  remains negative. 

Mixed sentiments over possible property bubble

Construction sector stakeholders recently expressed mixed sentiments over the possibility of a real estate bubble forming in the Colombo district amid concerns being voiced from various quarters, 

Rupee ends steady; bond flow direction eyed

REUTERS: The Sri Lankan rupee ended steady in thin trade yesterday as mild importer dollar demand offset sales of the greenback by exporters while traders awaited cues on foreign selling in bonds, dealers said.

Top Chinese delegation inspects H’tota port, airport

The Board of Investment (BOI) said it recently hosted a delegation consisting of senior officials from Chinese People’s Political Consultative Conference of Shanghai (CPPCC).  

PickMe cab service makes great impact in cost and time management

PickMe, Sri Lanka’s first mobile taxi hailing company says that an efficient cab service can prove to be a great asset in terms of cost as well as time management for users.  

Sino Great Wall Engineering to build Dusit Thani beach property in Balapitiya

The construction contract of Dusit Thani Sri Lanka’s beachfront project in Balapitiya was awarded to China’s Sino Great Wall International Engineering (Pvt.) Ltd, as the officials of the two companies entered into an agreement at Dusit Thani’s Colombo sales office this week. 

NZ’s Tait Radio and Fentons Group enter into partnership

The  business delegation of fourteen New Zealand companies led by the David Bennett, New Zealand’s Minister for Veteran’s Affairs and Food Safety and Associate Minister of Transport and Immigration, which arrived in Sri Lanka this week to further strengthen business links between the two countries have expressed satisfaction with their  visit so far . 

Tea Tang obsessed with perfect tea

Tea Tang, founded on a passion for tea, holds pride of place amongst tea connoisseurs and enthusiastic tea drinkers with its uniquely delicious flavors and exquisite variety. With over three decades of tea expertise in both local and international markets, the brand is able to offer a truly differentiated experience to its consumers. 

From Skylines To Timelines, Earth Hour Shines A Light On Climate Action

Following a landmark year for climate change WWF’s (World Wide Fund for Nature) Earth Hour is calling on people around the world to escalate the charge and be a part of the global momentum.

World of Outdoor wins Excellence Award at SLIA Awards 2017

With a drive towards transforming outdoor living as a lifestyle, World of Outdoor, Sri Lanka’s leading furniture brand renowned for its top-notch designer, elegant and durable furniture, recently clinched 

Kudawellafishing trawler owner overwhelmed by service levels of Amãna Takaful

Amãna Takaful (ATL) paid full reparation for a fishing trawler that collided with a ship off the coast of Kaduwella recently. The cheque was received by the owner W S SPrasannain the presenc

DFCC Bank receives ISO 27001:2013 certification

DFCC Bank was recently awarded the ISO 27001:2013 certification in recognition of implementing the best practices in legal, physical and technical control for information security management

NZ biz delegation upbeat over Lankan investment prospects

A business delegation of 14 New Zealand companies arrived in Sri Lanka this week to further strengthen business links between the two countries. 

Sri Lanka meets most of 2016-end IMF targets: FinMin

Sri Lanka has met all targets set by the International Monetary Fund (IMF) for its US $ 1.5 billion loan, except the net internal reserves (NIR), Finance Minister Ravi Karunanayake said yesterday.  The global lender had a two-week-long review discussion on the island nation’s present economic and financial situation, ever since it disbursed the second tranche in November.

Central Finance completes Isuru Leasing amalgamation

Central Finance Company PLC said its amalgamation with Isuru Leasing Company Limited has been completed and as such the latter ceased to exist as a corporate entity with effect from February 28, 2017.

Greek economy takes new blow, in the red in 2016

AFP: Debt-laden Greece’s economy suffered a new blow, contracting by 1.2 percent at the end of 2016, according to revised figures released yesterday, meaning it remained in recession for the eighth straight year.