EDB Chairperson becomes first Sri Lankan woman to receive WIFTS Lifetime Achievement Award

WIFTS Foundation International Visionary Awards 2016 was held at the Millennium Hotel in London UK among a gathering of international women achievers on 2nd of July. 

Holcim Lanka educates children on practical waste management

Schools are known to accumulate tons of waste. Through learning proper waste management, school students have an ideal opportunity to make a significant impact on the environment and their families.

Vallibel Finance PBT crosses Rs.900 mn mark

Vallibel Finance PLC’s financial performance for the year 2015/16 not only consolidates its recent gains but shows just why it has been listed among Sri Lanka’s top brands by  the media.

NSB commences Hapan scholarship seminar series

National Savings Bank (NSB) has been making a continuous effort to encourage the saving habit of the people of this country now for more than 44 years, teaching the nation to save. The bank, while 

No joy from Asian growth without supply-side reform

The global economic outlook may be grim but it would be grimmer still but for Asian economic growth

NDB Wealth’s Ruwan Perera elected UTASL President

Ruwan Perera, Chief Operating Officer of NDB Wealth Management Limited was unanimously elected 

Macktiles holds eye camp; relaunches scholarship programme

Macktiles Lanka, Sri Lanka’s premier and award-winning tile manufacturing company, recently concluded an eye camp and relaunch of its Macktiles Nanapahana scholarship programme as part of its corporate social responsibility (CSR) this past week. 

MBSL’s 34th AGM concludes on high note

Merchant Bank of Sri Lanka & Finance PLC successfully concluded its 34th Annual General Meeting (AGM) recently at the Galadari Hotel.  Shareholder representation was high, with a total of 200 

Siddhalepa Kekulu holds maternity clinic in Wadduwa

Kekulu, the baby care brand of the Siddhalepa group, held another maternity clinic for the benefit of families in Wadduwa recently to mark the sixth of such clinics during the last two months. 

HDFC announces changes to director board

At the Annual General Meeting held on 30th June 2016,   Lionel Jayasinghe was appointed as a Director on the Board of HDFC while Prasad Galhena was reappointed to the Board, both as shareholder, directors.  

SME to sparkle under Facets 2016 show

The 26th edition of Facets Sri Lanka, the annual international gem and jewellery show, is putting the spotlight on small and medium gem and jewellery enterprises this year with the novel introduction of a 

People’s Bank conducts PosonBathi Gee

Staff members of People’s Bank hosted Bathi  Gee for the eleventh time on Poson Poya. The event was held

C.W Mackie PLC extends its support to the Colombo National Hospital

Underlining this reality of human life, which treats every human being equally,C.W.Mackie PLC recently completed another

Exciting choices for Caravan Parking from Go outdoors

In a drive to popularize motorized home holidays around the island for families in particular, and groups of individuals

Sri Lanka’s first 4-month budget deficit declines

Sri Lanka’s budget deficit for the first four months of 2016 declined to Rs.233.44 billion from Rs.271.52 billion

Tourist arrivals lose steam as visitors in June up only 2.2%

Tourist arrivals to Sri Lanka in June rose 2.2 percent from a year ago – the slowest in a month so far this year – to 118,038,

Shares post near 3-mth closing low on policy uncertainties

REUTERS: Sri Lankan shares fell for a 10th session in 11 and posted their lowest close in nearly three months 

Central Bank mulls hiking minimum capital for banks once again

Yet again, Sri Lanka’s banking regulator has indicated it would increase the minimum capital levels of all licensed 

Japan’s Uniqlo suspends most Bangladesh travel; others reviewing operations

REUTERS: Some foreign companies with nationals working in Bangladesh’s garment and building industries

Coomaraswamy says back to basics!

The incoming Central Bank Governor yesterday emphasised that the Central Bank would go back to the basics of creating sound macroeconomic fundamentals in an independent, technical and reputable 

People’s Bank celebrates its 55th Anniversary

People’s Bank powers its way ahead of competition in the country’s banking industry as it celebrates its 55th anniversary

Navin to be at next NCC ‘Meet the Minister’ programme

Plantation Industries Minister Navin Dissanayake will grace the National Chamber of Commerce (NCC) on ‘Meet the Minister’ programme for an interactive session with the business community on Tuesday, July 12, 2016, from 3:00 p.m. to 4:30 p.m., at the chamber auditorium, No: 450, D R Wijewardene Mawatha, Colombo 10.

BMICH stamps digital media presence with Facebook competition

Sri Lanka’s premier iconic venue, the BMICH recently stamped its presence in the digital media sphere with an interesting Facebook competition for its fans.

BoI signs agreement with Global Advanced Recycling Lanka

The Board of Investment of Sri Lanka (BoI) signed an agreement with Global Advanced Recycling Lanka (Private) Limited to manufacturers of ‘Greenorg’ quality certified organic fertilizer projects, representing at an investment of US $ 141-350+ million.

SLITHM to double output this year

Sri Lanka Institute of Tourism and Hospitality Management (SLITHM), the premier education provider in the tourism and hospitality sector held its 37th Graduation Ceremony at BMICH recently. 

SampathCards offer biggest and best discounts in June

Continuing to be a top of the mind brand recall amongst consumers for lavish discounts and privileges, SampathCards has once again tied up with an exclusive array of premium partners to provide its MasterCard and Visa Credit Card Holders and Sampath Bank American Express Credit Card Members the best value added benefits coupled with a range of exciting discounts. 

A&E Lanka celebrates 125 years globally

A&E Lanka, part of one of the world’s leading thread solutions providers, marks 25 years as a truly American company and its parent company American & Efird (A&E) celebrates its rich heritage marking 125 years of success globally.

Capacity building at board level in the financial sector should be top priority

Given the governance issues in the NBFIs the regulator’s initiative to assist Commercial Banks and NBFIs to achieve the highest standards of personal and organizational performance by conducting regular Bank Directors symposiums to educate bank directors in the past was one of those “best practices” for corporate governance and is a great initiative to prepare Commercial Banks for the long term and also to build a pipeline of di

GiftSmart.lk transforms the way to gift

The tradition of gifting is one of the essential parts of wedding ceremonies intended to help newlyweds step into their new lives with ease. 

Tri-party collaboration for new concept at Orion City

A tri-party collaboration laid the foundation for a new concept at the Orion City IT Park to bring energy, ideas and people together. Orion Development, in partnership with the British Council and The Coffee Bean & Tea Leaf, launched an inspiring new space on 1st July for occupants of the park as well as visitors.