CMA integrated reporting workshop on Feb. 28

The Institute of Certified Management Accountants of Sri Lanka (CMA)-organised ‘Integrated Reporting - Practical Aspects’ workshop will be held on Tuesday, February 28, 2017, at Taj Samudra, Colombo, from 1:30 p.m. to 5:00 p.m. 

Shanghai tops Tokyo as Asia’s property investment destination of choice

CNBC: The Chinese city of Shanghai has become the top destination for real estate investment in Asia Pacific, squeezing out Tokyo from the number one spot in the fourth quarter of last year, according to data from JLL.

‘America First’ is unlikely to shake up Asia Pacific

President Trump’s ‘America First’ doctrine is a vigorous argument to change the United States’ actions at home and abroad while departing from the US post-war order that Trump argues left many US workers behind. 

JAT Holdings showcases range of innovative products at Architect Exhibition 2017

JAT Holdings participated in the acclaimed Architect Exhibition 2017 and introduced a plethora of innovative and revolutionary products to the Sri Lankan market. 

Five predictions for clean energy in 2017

2016 was a successful year for clean energy. How will 2017 shape up? I make five predictions based on last year’s numbers and trends.

Santani featured on Travel + Leisure’s 2017 It List

Santani, Sri Lanka’s first purpose-built luxury wellness resort, has been featured in Travel + Leisure’s coveted 2017 It List of the best new hotels around the world. 

NTB unveils new Ward Place branch

On February 21, 2017, Nations Trust Bank (NTB) unveiled its new Ward Place branch, located at Number 16, Ward Place, Colombo 7. 

Mastercard indulges cardholders with year-round savings on travel and dining

Mastercard rolled out a host of year-round, premium travel and dining privileges for cardholders in Sri Lanka with up to 30 percent savings at some of the country’s finest dining establishments, hotels, resorts and spas. 

Visa makes major IoT play with IBM partnership

IBM this week announced the industry’s first collaboration that brings the point of sale everywhere Visa is accepted, by allowing businesses to quickly introduce secure payment experiences for any device connected to the Internet of  things (IoT).

New entrant to Colombo bourse banks on expansions, Trump for future growth

Leading brush manufacturer B P P L Holdings Limited, (Beira Group), which will be entering the Colombo Stock Exchange next month, is hoping that its planned expansion projects, coupled with friendly policies from Donald Trump, would help expand its top line in the future. 

Rohan Victoria appointed as Asian Packaging Federation VP

Sri Lanka is honoured by the appointment of Rohan Victoria as Vice President of the Asian Packaging Federation (APF), the apex body of the packaging industry in the Asia  Pacific region.

Serendib Flour Mills strengthens online presence with new corporate website

Serendib Flour Mills recently launched its new corporate website in keeping with its vision to strengthen its online presence. 

Carolina CTC tea factory establishes all-time auction price

At this week’s ex-estate tea auction held on February 22, 2017, an invoice of PF1 from Carolina Estate, Watawala, established an all time Colombo Tea Auction record price of Rs. 640 for no less than 5 invoices of the PF1 grade and, all invoices were purchased by Uniworld teas (Pvt) Ltd., who is a leading buyer of both liquoring high growns as well as low grown teas, amidst stiff competition from another major multi-national buyer. 

NDB Wennappuwa branch relocates to serve you better

NDB relocated its Wennappuwabranch to a more spacious and a conveniently accessible location at No 204, Chilaw Road, Wennappuwa in a bid to provide a better service experience to people in the area. The branch operating hours are from 9.00 am to 4.00 p.m. during weekdays. 

Serendib Flour Mills strengthens online presence with the launch of its new corporate website

Serendib Flour Mills recently launched its new corporate website, in keeping with its vision to strengthen its online presence. The website (www.sfml.lk) 

PM’s one million jobs project: Real challenge is shortage of labour

Based on industry surveys at least a minimum 400,000 jobs are available in the hotel, tourism and industrial sectors per annum in the next three years. According to a survey conducted by Prof. Athula Ranasinghe, Dean of the Faculty of Arts, University of Colombo, there were unfilled vacancies in the apparel sector - 58 percent, 20 percent in food and 33 percent in other manufacturing sectors. 

East Asia’s agreement to keep world economy open

What the Trump administration will ultimately do to the shape of the global trade regime is difficult to foretell but there’s no question that it will change it forever, even if there is strong global push-back against Trump’s threat to unravel trade agreements and carry a protectionist stick.

EFL Express opens second center in Galle 

EFL Express opened its second service centre in Galle this month. The domestic logistics provider has been based in Colombo since it was founded a year ago, and with this expansion hopes to bring its expertise to another key strategic location in the country.

Emirates to offer services to Phnom Penh in Cambodia

Phnom Penh in Cambodia will be the latest destination Emirates will serve from July 1 this year, with a Boeing 777-300ER aircraft in a two class configuration.

Etihad Engineering to perform mandatory checks on Kenya Airways’ Boeing 787-8 fleet

Etihad Airways Engineering has signed an agreement with Kenya Airways to perform the mandatory checks on its Boeing 787-8 fleet. This is part of an integration programme for the newest additions to the airline’s fleet.

IPM-CMI presentation provides deep insights into emotional intelligence

IPM Sri Lanka, the nation’s leader in human resource management, together with the Sri Lanka Branch of the Chartered Management Institute (CMI), UK jointly hosted an evening presentation on ‘Emotional Intelligence & Work Life Balance’, at the auditorium of IPM Sri Lanka ‘HR House’ in Polhengoda, Colombo 5 recently.

SLIM commences CIM classes in new year

Sri Lanka Institute of Marketing (SLIM), the national body for marketing, is the very first accredited study centre for the Chartered Institute of Marketing (CIM) courses in Sri Lanka. 

Sigiriya Jungles supports professional service excellence training

The deluxe Sri Lankan-themed resort in the heart of the Cultural Triangle, Sigiriya Jungles, hosted a training session by service excellence specialist Dhammika Kalapuge, at the regal resort recently. 

Maxxis Tyres holds Dealer Convention & Awards

Maxxis Tyres Dealer Convention & Awards Night 2016 was held at Waters Edge recently where Ravindra Lanka Auto Service (Pvt.) Ltd being awarded the 2016 winner. From left: Tim Tsai of Maxxis International Sales Department, Tyre House Group Group Director  Gayan Fonseka, Ravindra Lanka Auto Service (Pvt.) Ltd Managing Director Ravindra Premathilaka, Maxxis Director Global Sales Lenny H.K. Lee and Tyre House Group Managing Director Sunil Fo

CIM Sri Lanka heralds 2017 with Talking Point on Marketing Insights

The Chartered Institute of Marketing (CIM) Sri Lanka held its inaugural Talking Point programme for the new year titled ‘Insights for Marketing in 2017’ in January at the Union Ballroom, Hilton Colombo Residences.

Mindshare Sri Lanka Wins Gold award at the Campaign Asia Awards 2016

Mindshare Sri Lanka has yet again proved its place as the undisputed market leader in the field of communications by bagging the Agency of the Year Gold Award 

Rupee falls for 5th session as foreign investors sell rupee bonds

REUTERS: The Sri Lankan rupee declined for a fifth straight session yesterday as offshore investors sold government securities amid concerns over further depreciation in the local currency, dealers said.

ComBank branches open on Mahasivarathri Day

The Commercial Bank of Ceylon has announced it will keep 71 branches open for business on Friday, a Public and Bank holiday to mark the Mahasivarathri festival.

Union Bank enhances banking convenience in Negombo

Union Bank reopened its Negombo branch with a new outlook and an enhanced ambience recently in line with the bank’s strategic focus to deliver a redefined banking experience to its clients.   

Everybody has a fundamental right to education: Eran

The debate on the legitimacy of the privately-owned medical faculty at the South Asian Institute of Technology and Management