British Council rewards ‘Learn English’ SMS service winners

Five lucky mobile phone users improved their English and won digital prizes earlier this week.  The British Council Colombo Library was the setting for the presentation of the prizes by British Council Deputy Director David Maynard to the five winners. 

Expo Sports honours sports men and women at ‘Expo Sports’ Colours Night

 Expo Sports recognized the outstanding achievements of its sports men and women at a ‘Colours Night’ ceremony held at the Sri Lanka Institute of Tourism auditorium. 

Cake Labs ends 2015 with talent show finale

Cake Labs, formerly known as Leapset Engineering, bid farewell to 2015 in style with a grand year-end bash at The Kingsbury.  In keeping with the new brand name, the celebrations centred around a laboratory theme which included a giant branded pyramid and a ‘Lab’ style bar.

BOC’s Christian Association holds 50th Christmas carol service

In celebration of advent of Christmas, Bank of Ceylon (BOC) held its annual 50th Christmas carol service at the BOC head office premises.   

Lyceum learners achieve top results at Cambridge Outstanding Learner Awards

The Cambridge Outstanding Learner Awards ceremony organised by the Cambridge International Examination Board was held at The Kingsbury Colombo recently. Cambridge International Examinations

Pallu rewards ‘Season of Weddings’ promo winners

The ultimate destination for fashionable sarees and shalwars and the preferred choice for brides and ethnic wear connoisseurs - Pallu - announced valuable gifts for selected lucky shoppers who shopped at its outlet between May 15 and June 30, 2015 during its ‘Season of Weddings’ promotion.

CMA Sri Lanka holds 2015 convocation

The Institutes of Certified Management Accountants (CMA) of Sri Lanka celebrated its 12th Graduation Ceremony recently at the BMICH.  With this event, CMA moved another milestone and recognized and presented awards to students who have passed the examinations of CMA in Novembe

DSI Opens Brand New Reebok FitHub Concept Storesat Maitland Crescent & Crescat Boulevard

?Early December 2015 saw the opening of two brand new Reebok FitHub Concept Storesby DSI. The first, was at 41/2, Maitland Crescent, Colombo 07on the 3rd of December,

Rovel brings total air conditioning solutions with AUX

One of the most recognized enterprises in China, AUX Group is among the top manufacturers of electric meters, transformers, wind turbines and air conditions while also involved in real estate businesses and hospitals. 

Team CDB dominates SLITAD Awards 2015

Adding to the numerous corporate honours CDB has been collating this year, Team CDB was crowned with the prestigious Gold Award at the SLITAD People Development Awards 2015 organised by the Sri Lanka Institute of Training and Development.

Sadaharitha demonstrates harvesting Agarwood in economically-viable way

Sadaharitha Plantations, Sri Lanka’s leading commercial forestry company and reputed for its sustainable management of plantations has warned of dire consequences to the country’s natural habitats due to indiscriminate felling of trees and degradation of forests in search of highly valued Agarwood.

Bio Extracts wins two Presidential Export Awards

Bio Extracts Private Limited won two awards at the recently held Presidential Export awards under the Ayurveda and Health/ Personal Care Products Sector.  Bio Extracts (Pvt) Ltd. is a subsidiary of Aberdeen 

Jaysons Realty launches ‘De Saram Residencies’ in Mount Lavinia

Jaysons Realty (Pvt) Ltd (JRL), the real estate development arm of the Jaysons Group, launched its latest residential apartment complex, De Saram Residencies (DSR) recently. 

People’s Bank encourages parents to foster saving habit amongst children

To promote a sense of responsibility amongst young children, People’s Bank urged parents to open ‘Sisu Udana’ accounts at the beginning of the school term for their children. 

Pan Asia Bank felicitates 25,000th ‘Sammana’ customer

Achieving yet another milestone in the banking business, Pan Asia Bank recently welcomed the 25,000th ‘Sammana’ customer - retired government pensioner G.K.S. Perera - at a special ceremony organised by the bank. 

DFCC expands operations in Hingurakgoda

DFCC PLC opened its newest branch in Hingurakgoda, at No: 88, D S Senanayake Street, Hingurakgoda, on January 20, 2016.  The ceremonial opening of the new branch was attended 

Sarvodaya Development Finance rewarded at Annual Report Awards 2015

Sarvodaya Development Finance, a finance company registered at the Central Bank of Sri Lanka under the Finance Business Act No.42 of 2011, recently won a ‘Certificate of Compliance’

NTB Amex reintroduces fitness and wellness initiative

Nations Trust Bank (NTB) has reintroduced its fitness and wellness initiative to kick-start 2016 on a positive, enabling its American Express (Amex) cardmembers to a host of savings at gyms,

Cash rewards from ComBank for bill payments via mobile banking

Commercial Bank of Ceylon (ComBank) is to reward customers for usage of the bank’s mobile banking facility, with Rs.1.5 million in cash prizes over the next three months.

How effective is the gender gap on the agenda at the World Economic Forum?

For some, it is a fashionable topic that must be on the agenda of every summit worth its salt. For others, it is a real task, a challenge even that must be discussed and shared so that millions of women across the world can participate, share and value the opportunities that rightfully must come  their way.

Amunugama stresses need to bring rural agriculture to int’l level

The importance of bringing rural agriculture to international level was stressed by Special Assignments Minister Sarath Amunugama at the anniversary celebrations of the Agricultural Research Centre in Gannoruwa, Peradeniya, 

Lankan microenterprises’ potential untapped, women an underutilised asset: Eran

Following is the speech delivered by State Enterprise Development Deputy Minister Eran Wickramaratne at the recent Annual General Meeting (AGM) of the National Chamber of Commerce of 

Korea Exim Bank opens representative office in Colombo

The Export-Import Bank (Exim) of Korea, an official export credit agency of the Republic of Korea has opened a representative office in Colombo.  The State Minister for National Policies and Economic Affairs Niroshan Perera, the Ambassador 

Tourism personality retires to enter academia

Sri Lanka Convention Bureau (SLCB) Chief Executive Vipula Wanigasekera is to step down to pursue a full time academic career from next month. Having served the private sector for 15 years in trade, sales, shipping, exports and marketing, 

StanChart’s global research briefing in Colombo today

Standard Chartered’s global research team will address an exclusive group of the bank’s clients and media personnel today as they present their views at a session titled “Retreat, Regroup, Rebound” as part of the bank’s global research briefing 2016 tour. 

Russell de Mel appointed to Singer Finance board

Singer Sri Lanka’s public listed subsidiary Singer Finance (Lanka) PLC recently announced the appointment of Russell de Mel as an Independent Non-Executive Director to the board with effect from January 1, 2016.

Ceylon Cold Stores 3Q16 net profit up 106% to Rs.651mn

Ceylon Cold Stores PLC (CCS), one of the two fast-moving consumer goods arms of John Keells Holdings PLC, posted a net profit of Rs.651.62 million for the quarter ended December 2015 (3Q16), growing 106 percent year-on-year (yoy).

Hirdaramani buys 10% in Ceylon Hotels Corp.

The Galle Face Hotel Group’s Ceylon Hotel Holdings (Private) Limited has disposed 10 percent of its shareholding in Ceylon Hotels Corporation PLC (CHC) for Rs.515.48 million to apparel heavyweight Hirdaramani.

Rupee edges down on importer dollar demand

REUTERS: The Sri Lankan rupee ended slightly weaker yesterday due to importer dollar demand, while selling of the U.S. currency by a private bank prevented a sharp fall, dealers said.

Softlogic Finance in debt-to-equity deal with the Netherlands’ FMO

Softlogic Finance PLC will be converting some of its debt into equity by issuing new shares worth Rs.288.09 million through a private placement to Dutch development bank FMO.