The University of Nottingham Malaysia Campus awards its ‘Alumnus of the year’ award 2016 to Sri Lank

The University of Nottingham Malaysia Campus (UNMC) held its annual Alumni Laureate Awards Ceremony recently in Malaysia. This year, 

Capital Alliance (CAL) introduces high value management trainee & internship programme to benefit in

Sri Lanka’s leading investment banking firm and the preferred partner in capital markets, Capital Alliance Limited (CAL), has launched a new Management Trainee & Internship Programme

Fashion Bugcontinues its CSR initiative with Sri Lanka Railways

In a continuous drive to contribute to public betterment, Fashion Bug, one of Sri Lanka’s leading retail clothing chains with over 16 outlets island-wide,together with the Sri Lanka Railway Department

Fairway Signature On Colombo City Skyline

Fairway Holdings launched its latest apartment project, ‘Latitude by Fairway’, on the 26th of January 2017. Overlooking High Level Road at Kirulapone

Ceylon Chamber takes part in 8th Jaffna Int’l Trade Fair

The Ceylon Chamber of Commerce (CCC), which is the premier business chamber in the country, takes part in the eighth Jaffna International Trade Fair, which commenced on January 27, 2017. The CCC showcases the range of business services that it offers to the business community at this three-day fair, which is held at the Municipal Grounds in Jaffna. 

CAMMS ties up with John Keells Holdings

Global software company CAMMS, has just signed Sri Lanka’s largest listed conglomerate as a new client.

NDB opens 105th branch in Katana

National Development Bank (NDB) recently opened its latest branch in Katana in a bid to support the economic and livelihood development in the Gampaha District.

Janashakthi offers free protection for family, dwelling through Full Option motor cover

Janashakthi General Insurance Limited recently announced an exciting array of new benefits for its Full Option personal car policyholders, which include a free personal accident cover of up to Rs.5 million for the entire family and a free household cover of Rs.2 million. 

Jude Benjamin appointed as HNB General Insurance Chief Business Officer

HNB General Insurance Limited (HNBGI), a fully-owned subsidiary of HNB Assurance PLC (HNBA), announced the appointment of Jude Benjamin as its Chief Business Officer for Personal Lines and Branch Network.

ComBank promotes education loans at EDEX 2017

The education loans offered by Commercial Bank of Ceylon for the pursuit of higher education or professional education in Sri Lanka or overseas generated much interest at the EDEX 2017 exhibition held in Colombo recently.

HNB launches Wally-E pre-paid cards

Hatton National Bank PLC (HNB), Sri Lanka’s most innovative bank, announced the launch of Wally-E, the country’s very first pre-paid Visa card, designed specifically for teenagers. 

Citigroup quietly launches small business lending website

REUTERS: Citigroup Inc has quietly launched a website to make small business loans of up to US $1 million, the latest effort by a big bank to make the process of smaller loans more technology-friendly.

HSBC to close 117 branches in Britain, cut 380 jobs

REUTERS: HSBC said it plans to close 117 branches this year and will cut 380 roles in Britain to try to reduce costs.

ComBank declares Rs.3 per share dividend

Sri Lanka’s largest private bank, Commercial Bank of Ceylon PLC, in terms of assets last week announced a Rs.3 per share second interim dividend for the financial year 2016.

Salient role of stock market in economic growth

A stock market is one of the most vigorous sectors that plays an important role in contributing to the wealth of the economy. 

Customer today, a gift not to be wasted; customer tomorrow, a treasure to be found

If you have gone through carefully the previous instalments, you would by now understand that business renewal is a judgment call—not a spreadsheet exercise. Your business model is the description of who your customers are, what they want from you, what you offer them and how you import/produce and charge for your products and services. 

IIT holds Big Data Analytics Tech Forum for corporate professionals

With the aim of providing insight in to the current trends in big data, Informatics Institute of Technology (IIT) recently held the Big Data Analytics Tech Forum at BMICH for the successful second time. 

E-commerce specialist Simplex expands reach across Sri Lanka

Simplex Delivery, the local pioneer in next-day, to-your-doorstep e-commerce deliveries, has expanded its network to cover the whole of Sri Lanka from January 25, 2017. 

SLT Zero One Awards judging process begins

Following the closing date for the acceptance of applications for the SLT Zero One Awards on the 15th January 2016, Sri Lanka Telecom has announced the beginning of the judging process which will select the winners of Sri Lanka’s first ever awards platform dedicated to the recognition and appreciation of excellence in the field of digital media.

Top three research firms name SAP SuccessFactors a leader in Cloud HR

SAP SE announced that SAP SuccessFactors has been recognized as a leader in human capital management (HCM)research published in 2016 by Forrester, Gartner and IDC. SAP SuccessFactors believes its position as a leader in the eight reports is based on its commitment to continuous innovation across the entire suite of cloud-based HCM solutions, providing HRteams with workforce technology that sparks people’s passions and empowers organizations

HP ranked No.1 for PC and notebook shipments in Sri Lanka

HP Inc. has been ranked No. 1 for PC and notebook shipments in Sri Lanka for Q3 2016, according to the data recently released by the IDC Asia/Pacific in their quarterly PC Market Executive Summary. 

SriLankan rewards ‘Go Gan’ contest winner

Amaya Wijesinghe, the winner of the SriLankan Airlines’ social media contest ‘Go Gan with UL’, received her fabulous prize of two return air tickets to SriLankan’s latest destination, Gan in the Maldives and a three-night holiday package at Canareef Resort Maldives. 

American Airlines, Qantas may revive joint venture plan under Trump

REUTERS: American Airlines Group Inc and Australia’s Qantas Airways Ltd may reapply to the US Transportation Department for permission to coordinate prices and flight schedules now the Trump administration is in charge, Qantas Chief Executive Alan Joyce said.

EFL receives Gold honours at National Business Excellence Awards

Following a landmark year of initiatives and milestones, Expolanka Freight (Pvt) Ltd received the honour for excellence in the Logistics and Transport sector at the National Business Excellence Awards 2016. 

Certain flight crew barred from US entry after Trump order: IATA memo

REUTERS: A new ban on US travel for nationals of seven Middle Eastern countries caught the airline industry unprepared, with flight crew from those states also barred from entering, the International Air Transport Association (IATA) said on Saturday.

Etihad announces worldwide January sale for travellers from Sri Lanka

Etihad Airways, the national airline of the United Arab Emirates, is offering travellers from Sri Lanka fantastic savings in its January sale.

Top professional Col. Kevin Byrne takes helm of CILT

The New Year will see a new era for The Chartered Institute of Logistics and Transport (CILT) as Lieutenant Colonel (Ret) Kevin Byrne takes over from out-going President Paul Brooks.

FinMin tells private sector to sue errant govt. agencies

Private sector companies should sue government agencies which are not fulfilling contractual obligations, Finance Minister Ravi Karunanayake urged last week, continuing his assault on the country’s public sector and officials. 

New ‘green’ fertilizer trialled on Lankan rice farms could contribute to food revolution: scientists

Thomson Reuters Foundation: A new synthetic fertiliser could help farmers to save money, boost food production and reduce planet-warming emissions, scientists have found after trialling it on rice farms in Sri Lanka. 

Watawala Plantations 3Q profit soars amid strong palm oil, tea gains

Diversified plantation company, Watawala Plantations PLC (WATA), saw its performance improving during the December quarter (3Q17) due to strong gains from the palm oil segment and improving tea prices, the interim financial accounts filed with the Colombo Stock Exchange showed.