BOC-Chennai hosts workshop on ACU for Lankan commercial banks

The Bank of Ceylon Chennai branch, the only branch of a Sri Lankan bank on Indian soil, in association with the Reserve Bank of India (RBI) conducted an exclusive workshop on Asian Clearing Union (ACU) mechanism on 05th November in Chennai, for the officers of twelve Sri Lankan commercial banks engaged in international trade business. 

LOLC wins National Business Excellence Award 2016

The LOLC group reached the pinnacle of excellence when it was crowned as the overall Gold award winner at National Business Excellence Award (NBEA) 2016 at a glittering awards ceremony held recently in Colombo. 

CTC plants thousand saplings to mark annual tree planting programme

Plant a tree – Save planet, the annual tree planting programme organized by the Ceylon Tobacco Company PLC (CTC) was held at the banks of Polgolla Reservoir last month. Thousand saplings were planted to mark this annual event by 200 volunteers representing CTC, Mahaweli Authority, Central Environment Authority, Sri Lanka Army, Sri Lanka Police and the Pahatha Dumbara Technical College.

Omega Line becomes overall runner-up in Great HR Quiz

Omega Line Ltd, a group of leading export oriented garment factories in Sri Lanka became the overall runner-up in the Great HR Quiz 2016 organized by the Institute of Personnel Management (IPM).  Omega Line clinched the winner’s award in the apparels and clothing category also at the same event.

Investing in education and leaving it to markets no longer an option

In the last 10 years, Global HR thought leaders have created a very powerful human capital view, that if you invest in your own education you’ll get returns in a better job and better income, and also that educated people stand a better chance of landing a job than those who don’t go to university. 

Amãna Takaful Insurance launches compelling insurance scheme for Tuk Tuk drivers

Led by its customer-centric philosophy to partner customers through their success or failure, ATL ( Amãna Takaful PLC ) launched a new insurance scheme for ‘Tuk Tuk Full’ 

CB awaits P’ment nod to decide on doubling banks’ capital

The Central Bank is awaiting the Parliament nod for the 2017 budget to decide on as to how it could 

VW bosses forced to pay back private jet costs

AFP: Bosses at troubled German auto giant Volkswagen have been forced to pay the company back 

Sri Lanka exports rise, deficit narrows in September as vehicle imports fall

Sri Lanka’s export earnings rose for the second consecutive month in September 2016 to US $ 898 

October tourist earnings and remittances up

The data also showed that earnings from tourism arrivals recording US $ 249.3 million in October 

Private sector urged to lead economic growth with higher exports

Sri Lanka’s private sector has to lead the country’s growth with exports, the country’s Central Bank 

Rajendra Theagarajah joins Cargills Bank as Joint Deputy Chairman

Cargills Bank Limited, the banking arm of the Cargills group, last Friday announced the appointment 

Importers praise Ravi K for maintaining lower taxes in budget 2017 on tile and sanitaryware products

The Tiles & Sanitaryware Importers Association (TSIA), recently commended Finance Minister Ravi 

CLC relocates Badulla branch to convenient location

Commercial Leasing and Finance PLC (CLC) Badulla branch was relocated to a more spacious 

Mercmarine Training announces scholarship programme worth up to Rs.1,000,000

Mercmarine Training, one of Sri Lanka’s foremost maritime training institutes and member of the 

Emirates SkyCargo drives ahead with launch of Emirates SkyWheels

Emirates SkyCargo, the freight division of Emirates airline, has launched Emirates SkyWheels - a 

Constructions work of Orient Residencies complex begins in Nugegoda

In line with the company’s focus on combining opulence with quality creations, Orient Constructions 

Allianz Insurance Lanka posts outstanding performance in 3Q16

Allianz Lanka had another impressive quarter, recording a 51 percent growth in gross written premium 

ADB awards NDB again as Best Partner Bank – Sri Lanka

NDB emerges as the Best Partner Bank – Sri Lanka at the Asian Development Bank (ADB) Trade Finance Awards for the second consecutive year.

Five-star rating bestowed on Shangri-La’s Hambantota Resort & Spa

Shangri-La’s Hambantota Resort & Spa was awarded a five-star rating at a ceremony held to award 

NSBM Green University finalizes strategic plan with MTI

The National School of Business Management (NSBM) Green University Town has approved the six-

Blue Mountain raises Yakkala profile with residential land project

In keeping with its commitment to enabling people’s lifestyles and aspirations, Blue Mountain 

Mercantile Investments and Finance wins high at ARC Awards in US

As an organisation renowned for winning awards in the corporate world for producing exceptional 

ACCA unveils future of global accountancy with new innovations

The Association of Chartered Certified Accountants (ACCA) takes a major step forward in shaping 

Renewal strategies: Prime requirement for sustainable business development

Every organisational strategy needs regular updating regardless of how successful you’ve been. It’s 

Expolanka Freight goes live on GT Nexus platform

Logistics solutions provider Expolanka Freight (EFL) announced that the company was going live on 

DFCC Bank becomes first Sri Lankan bank to adopt G Suite

DFCC Bank PLC recently announced that it has commenced the process of adopting Google’s cloud-

Prof. Munasinghe honoured for contributions to energy policy

2007 Nobel Peace Prize co-laureate Prof. Mohan Munasinghe was presented with the prestigious 

City School of Architecture holds open day exhibition to mark anniversary

Commemorating its 30th anniversary, The City School of Architecture (Colombo) Ltd (CSA) organized 

Vista Rooms simplifies corporate travel bookings, cuts travel costs by up to 20%

Corporates in Sri Lanka can now sit back and relax when it comes to business travel while Vista