PABC relaunches ‘Suwasavi’ fixed deposit product

Sri Lanka’s fastest growing commercial bank, Pan Asia Banking Corporation PLC (PABC) relaunched its unique value-added fixed deposit product ‘Suwasavi’

PanAudio ties up with global giant to distribute recording media and energy products

PanAudio, one of Sri Lanka’s leading companies in the business of IT related peripherals, data storage, imaging and presentation systems

Sri Lanka’s First General Insurance Sales Congress to be held in May

For the first time in history, Sri Lanka will see a gathering of its General Insurance companies under one roof and in a common forum.

Vision Care join hands with OPA for avurudhu with orphans

In an effort to recognize and socially include underprivileged orphans in the country, Vision Care, the leading provider of eye care and hearing solutions

Dr. Kelegama to speak on state of the economy

Executive Director of the Institute for Policy Studies, Dr. Saman Kelegama will be speaking on the state of the Sri Lankan economy at the Youth Forum tomorrow (May 4) at 5pm at the Royal College Union Skills Centre, on Rajakeeya Mawatha. The Youth Forum, organized by ACUMLYF is open for public.   

World Textiles Awards name Textured Jersey ‘Dyer & Finisher of the Year’

Textured Jersey Lanka PLC (TJ Group) benchmarked yet again with an outstanding win at the World Textile Awards for the second consecutive year.  

Leo Burnett’s team wins the inaugural Bright Sparks Competition at the SLIM Effie Awards

Four young marketers from Leo Burnett Solutions Inc. (LBSI), the local office of the global advertising network Leo Burnett Worldwide, 

Nestlé Lanka head office celebrates Avurudu

Nestlé celebrated Avurudu with its staff at its head office premises recently with the participation of Nestlé Lanka’s Managing Director Shivani Hegde. 

Leo Burnett wins inaugural Bright Sparks Competition at SLIM Effie Awards

Four young marketers from Leo Burnett Solutions Inc. (LBSI), the local office of the global advertising network Leo Burnett Worldwide, recently emerged as the winners of the Bright Sparks Competition. Conducted by the Sri Lanka Institute of Marketing (SLIM), the competition took place in the run up to the annual Effie Awards. The winning team from LBSI comprised Wasim Akram, Sarah Hassanally, Tasneem Dawoodbhoy and Nirasha Gunawardene, who compet

John Keells Group Management Trainee Programme, for tough-minded optimists

Initiated in 2007, the John Keells Management Trainee Programme aims at recruiting outstanding talent and guiding them into roles, which will enable them to be part of the future leadership of the group. The programme provides the chosen individuals, exposure to the group’s businesses in the transportation, leisure, property, consumer foods and retail, financial services and information technology sectors, during a 15-month period.

Nikon-Photo Technica named official photographers for Fox Hill 2016

One of the finest annual motor sporting events for all racing enthusiast, Fox Hill Super Cross 2016 was held in Diyatalawa on recently. 

NHRDC conducts public sector capacity building programme in Malaysia

The National Human Resources Development Council (NHRDC) of Sri Lanka under the National Policies and Economic Affairs Ministry has launched a capacity building project to build managerial capacity within the public sector to improve the delivery in the public sector.

MS–Ranil govt. on firm ground: Time to focus on getting things done

To those public servants, businessmen and politicians sitting on the fence waiting for the unexpected, President Maithripala Sirisena at the breakfast meeting with the editors on Wednesday fired on all cylinders at certain Members of Parliament (MPs) and former President Mahinda Rajapaksa, exposing the latter’s intentions and warned any comeback bid would be a pipe-dream and strongly thwarted. 

SLAP Lifetime Achievement Award goes to Sathis Abeywickrama

Sathis Abeywickrama, a personality well known to the printing and packaging fraternity was presented the prestigious Lifetime Achievement Award by the Sri Lanka Association of Printers (SLAP)- the main body of printers in Sri Lanka,at the recently concluded Collate 2016 bi-annual eventorganized by the SLAP.

Sri Lanka’s entrepreneurial activity improves in 2015 despite economic downturn

Sri Lanka’s overall macro-economic conditions deteriorated in 2015.  Despite government adopting expansionary policies to boost consumption spending, both internal and external balance deteriorated in 2015, and GDP growth declined to 4.8 percent. This deterioration forced the government to seek an IMF support programme. 

Lowe Sri Lanka crowned Agency of the Year at Effies

Lowe Sri Lanka was recognized as the ‘Most Effective Agency of the Year’ on the back of its impressive awards tally at the Effie Awards ceremony held recently. 

Batticaloa International Trade Exhibition to kick-start in October

The 3rd Edition of Batticaloa International Trade Exhibition 2016 is scheduled to be held on 30th September, and 1st & 2nd of October 2016 at the Shivananda Vidyalaya Grounds in Batticaloa.

Every business unit is a profit centre – including HR

The lifeblood of any commercial organisation is sales, generating revenue and profits. That’s of course abundantly clear to the sales organisation as their goals are directly defined in those terms. However, as we move away from the sales department down the corridor to other business/supporting departments, the link to the bottom line can become less clear.

VirtusaPolaris recognized for HR Excellence at Global Best Employer Brand Awards

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 services, was recognized for ‘HR Excellence Through Technology’ at Global Best Employer Brand Awards 2016. 

Brandix produces 19 female mechanics further advancing gender equality

Brandix has taken another significant step in its ongoing efforts to promote gender equality across the group by graduating 19 female mechanics who completed an in-house training course on sewing machine maintenance and repair.

Selling off family silver to avoid debt trap

Prime Minister Ranil Wickremesinghe said at a press conference on April 26 that the Cabinet of Ministers had decided to seek an international partner to avoid having to close down SriLankan Airlines. The government has decided to take over debt and strengthen its balance sheet. The position of the government is that without reducing its debt, no partner will be willing to take it over. 

Swiss envoy calls to establish conducive regulatory framework for investors

Removal of investment barriers would encourage investors to come to Sri Lanka as Swiss investors are ready to invest here, said Swiss Ambassador to Sri Lanka Heinz Walker Nederkoon, adding that Sri Lanka needs to establish a ‘conducive regulatory frame work’ for the investors. 

Asia’s next growth frontier

The steady state in the Asian region is growth and dynamism that requires continuous structural change and adjustment. 

Johnson’s Baby wins ‘No. 1 Baby Care Brand’ for fourth consecutive year

Johnson’s Baby, the world’s No. 1 baby care brand, has yet again been declared the No. 1 baby care brand among unlisted brands in Sri Lanka for the 4th consecutive year by the 2016 edition of Brands Annual, compiled by Brand Finance and presented by Media Services. 

Madhawa Madawala of TV Derana wins award for Most Influential Brand Leader

TV Derana Chief Operations Officer/Executive Director Madhawa Madawala was awarded the Most Influential Brand Leader award at the World Brand Congress held in Kuala Lumpur, Malaysia recently. The World Brand Congress is the single largest rendezvous of the best brains behind some of the world’s most successful and sought-after brands. The 25th edition of the congress was held at Pullman Kuala Lumpur City Centre Hotel & Residences under

National HR Conference 2016 to enhance competitiveness among biz

IPM Sri Lanka announced that the National HR Conference (NHRC), under the theme ‘HR Ecosystem for Competitiveness’, will be held from June 21 to 22 at the Bandaranaike Memorial Conference Hall (BMICH) in Colombo.

Lankan ayurvedic and coconut-based products see potential in Pak market

Coconut-based products and Ayurvedic products were identified as two areas where Sri Lankan exports could tap in to Pakistan’s market, during a discussion titled, ‘Bilateral trade between Sri Lanka and Pakistan’ organised by the National Chamber of Commerce of Sri Lanka (NCCSL). Speaking to Mirror Business, High Commission of Pakistan Counsellor Hasan Zaigham said that ongoing Pakistani investments in Sri Lanka included setting

Singer Sri Lanka set to power Bradby Shield for 27th consecutive year

Singer Sri Lanka PLC, the country’s leading consumer durable retailer, is stepping forward to power the most

Third batch of successful Italian language course to commence soon

The Sri Lanka – Italy Business Council of the Ceylon Chamber of Commerce will launch the third batch 

Dr. Amunugama chief guest at Maritime Economic Cooperation and Management Meeting

Minister Dr. Sarath Amunugama was the chief guest at the Maritime Economic Cooperation and Management