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Project Managers and the Spirit of Leadership
29-July-2015

Sri Lanka’s IT sector has seen an exponential revenue growth of 238% in the last 7 years, according to the Sri Lankan IT/BPM Industry 2014 review, transforming the country into a globally recognized outsourcing location. The rapidly growing highly skilled, English speaking talent pool with 90 percent secondary school enrollment, favorable policy framework and attractive pricing has put Sri Lanka on the radar of decision makers in the biggest corporations in the world.

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Half the wheels, twice the fun!  at the ‘Colombo Cycle Fun Ride 2015’
29-July-2015

The Spirit of Fun, Fitness and Friendship was definitely evident at the ‘Colombo Cycle Fun Ride 2015’ that was organized by the pedal pushers at the Race Course grounds recently.

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Sunshine Holdings powers Sri Lanka Economic Summit as Platinum Sponsor
29-July-2015

Diversified conglomerate Sunshine Holdings PLC will support this year’s edition of the country’s premier economic summit hosted by the Ceylon Chamber of Commerce (CCC), on the timely theme of ‘Towards exports of USD 50 billion’, as the Platinum Sponsor. The high-level annual forum brings together ‘thought leaders’ – policymakers, top local and foreign academics, corporate sector leaders etc. – to one platform to deliberate on and explore solutions for key economic issues of the country.

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Hellibees Racing wins big at Katukurunda
29-July-2015

Up-and-comer Hellibees Racing posted a strong showing at the recently concluded Round 2 of the Katukurunda Circuit Meet 2015. This was also the first time that Hellibees Racing participated in car races, with team member Chaminda Gooneratne coming in first, while Andrew Choksy placed third, in the fan favourite Formula McClarens 1300 EFi cars category.  This also marks a new phase of Hellibees Racing, with plans in the works to add new drivers to the team in the near future.

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findmyfare.com opens first 24/7 Global Contact Centre
29-July-2015

Sri Lanka’s largest online travel company, findmyfare.com recently opened its first Global Contact Centre to provide customers with a 24/7 service, all year round. The centre is located at Platinum 1, No. 01, Bagatalle Road, Colombo and features a dedicated team of customer service executives who will handle all the service related queries and concerns of findmyfare.com customers. The opening ceremony was attended by Chief Guest Chandana De Silva, Country Manager – Emirates, Sri Lanka and the Maldives, a gathering of distinguished guests from the banking and aviation fraternity and the findmyfare.com team.

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IFAC President Meets Finance Minister
29-July-2015

President of the International Federation of Accountants (IFAC), Ms. Olivia Kirtley, met Minister of Finance Hon. Ravi Karunanayake on 28th July 2015 at the ministry. During the meeting, the role of IFAC in enhancing the accounting profession was discussed at length, while also matters in relation to the progression of the accounting profession in Sri Lanka was touched upon.

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eVolve POS systems provide prudential solution for Food Service industry
28-July-2015

eVolve Technologies (Pvt.) Limited are gaining momentum and brings value to their tagline ‘Easy Solutions - Powerful Contributions’ by introducing the ‘Restaurant POS System’. This latest software developed by eVolve focused towards restaurants and other Food Service related establishments such as fine dining restaurants, take away outlets, clubs and bars offers a turnkey tailored business solution.

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Emirates to fly double daily to Lisbon from 1st January
28-July-2015

In response to strong demand, Emirates has confirmed it will start operating a second daily service to Lisbon, Portugal from 1st January 2016. Timed to maximise a wave of new global connections to Lisbon, the second daily flight will offer travellers a convenient afternoon flight from Dubai to Lisbon helping to link customers in Australasia, East Asia, South Africa and West Asia with this vibrant city.

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National Forum for Life Insurance Advisors on August 4
27-July-2015

All arrangements have been made to launch the 2015 National Forum for Life Insurance Advisors (NAFLIA) conference on the 4th of August. Themed ‘A Day All Sri Lankans are Insured,’ the conference attracts the best life insurance advisors from all insurance companies via the Insurance Association of Sri Lanka (IASL) and its sub committee, the Marketing & Sales Forum (MSF).

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Max Fairness Gives Away First of Seven Unbuyable Bikes
27-July-2015

Max Fairness announced the winner of the first of 7 specially customized Max 320i cruiser motorbikes under the brand’s biggest ever Max Pora Unbuyable Bike promotion. Ajantha Sampath Jayasinghe, who purchased a 25g MAX Fairness pack and took part in the draw, won the magnificent Street Fighter at the Hiru FM Mega Blast concert held in Ampara recently. The Unbuyable bikes which were on display at the event wowed over 150,000 revelers who actively participated in the draw.

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Ceylinco Life ignites interest in life insurance with new ‘Supreme’ policy
27-July-2015

An attractive new policy that will pay up to 50 per cent of the basic sum assured in lump sums every four years without any diminution of the policyholder’s maturity entitlements has been launched by Ceylinco Life, sparking fresh interest in life insurance. Branded ‘Ceylinco Life Supreme,’ the new policy offers comprehensive life cover, lump sum payments every four years,  above average maturity value and optional rider covers for critical illness, hospitalization or major surgery.

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A New and Magical range added to Swadeshi “Little Princess”
27-July-2015

The Swadeshi Industrial Works PLC the pioneer manufacturer of soap and herbal personal care products in Sri Lanka, introduces an exciting new Soap and a Lotion to their Kids Range “Little Princess”. “Little Princess” Soap, Lotion, Cologne,Shampoo and Shower-Gel are now available in selected Supermarkets, pharmacies and stores in three exciting variants.

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First Juries Announced Ahead of Spikes Asia
27-July-2015

The Spikes Asia Festival of Creativity has today announced the first names that will make up the juries at this year’s Festival. Details have been released for the Film, Print and Print & Poster Craft; Outdoor and Radio; Direct and Promo & Activation and Design juries.

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Archetypes and Accolades at Aitken Spence’s second Staff Convention
27-July-2015

The second Aitken Spence Staff Convention was held on 24 July at Aitken Spence Towers. Deputy Chairman & Managing Director, Mr JMS Brito, Main Board Directors, Managing Directors and over 350 members of staff were present at this event.

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Sri Lankan shares close at 2-month high
24-July-2015 Reuters

Sri Lankan shares rose for a third straight session on Friday and closed at their highest in two months, as expectations of strong corporate earnings and political stability after the parliamentary polls next month boosted investor sentiment. The main stock index ended higher 0.78 percent, or 56.43 points, at 7,269.05, its highest since May 25. Turnover was 1.61 billion rupees ($12.05 million), more than this year's daily average of 1.06 billion rupees.

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Hameedia features Nigel Barker at an exclusive book signing event at The Envoy Mansion
24-July-2015

Continuously setting the benchmark in the fashion industry, Hameedia Sri Lanka’s leading menswear specialist recently hosted an exclusive book signing event featuring international fashion photographer - Nigel Barker. The gathering took place at the Envoy Mansion in Colombo where Barker signed copies of his latest publication Models of Influence, a New York Times best seller that beautifully features 50 of the world’s most influential models and outlines their place in the pantheons of fashion and pop culture.

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Amil Group of Company donates Chetiya to Rathmalana Samadhi Buddhist Centre
24-July-2015

Amil Group of Company, to commemorate its 30 years service to the nation embarked on a noble CSR activity. Walter Abeysundara, Chairman of Amil Group unveiled Kotha of the Chetiya which he had made and donated to Samadhi Buddhist Centre at Rathmalana. The occasion was graced by the President Maithreepala Sirisena.

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Sri Lanka shares end at near 8-week high on stability hopes, earnings
23-July-2015

Sri Lankan shares closed at their highest level in about eight weeks on Thursday on strong foreign inflows for a second session as hopes of political stability after Aug. 17 parliamentary polls and better earnings lifted sentiment, brokers said. The main stock index ended 0.18 percent, or 12.99 points up at 7,212.62, its highest since May 29.

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DSI opens their 204th showroom
23-July-2015

Setting yet again, their island-wide presence in the form of a new showroom, DSI opened their newest store, this being the 204th showroom, in Rathmalana on July 21st. The new showroom in Rathmalana will help elevate the company’s array of shoes, sandals and slippers to customers who no doubt consider the brand as a solid household name.

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Customer - centric Focus Key For Long Term Brand Differentiation – Dana Crisan
23-July-2015

Holcim's three customer commitments are key to the Group achieving true customer-centric service, Customer Excellence Coach – Holcim Group Dana Crisan said during a recent visit to Sri Lanka. These commitments are 'We create value,' 'We keep our promises,' and 'We are easy to do business with.'

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wOw.lk and Kiddies & Toys International (KTI) to host ‘LEGO Day’
23-July-2015

wOw.lk, Sri Lanka’s largest online shopping mall will be partnering with KTI to host its first-ever ‘LEGO Day’, a fun filled event for children of all ages. The highly anticipated ‘LEGO Day’ will be hosted at the wOw.lk showroom which is located at No. 176/1, Thimbirigasyaya Road, Colombo, on Saturday 25 July 2015 from 10.00 a.m. to 4.00 p.m.

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Sri Lankan stocks at seven-week high on buying in blue-chips
22-July-2015 Reuters

Sri Lankan stocks were trading at more than seven-week highs on Wednesday as expectations of political stability after the Aug. 17 parliamentary polls lifted sentiment, brokers said. At 0853 GMT, the main stock index was up 0.76 percent at 7,199.69, the highest level since June 1. Turnover stood at 1.59 billion rupees ($12 million) on Wednesday.

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‘Elite Eve’ bolsters J&J’s excellent business partnerships
22-July-2015

Initiating a new episode in building more meaningful relationships with business partners, “Elite Eve” - the mega annual event- held by Johnson and Johnson, a world famous healthcare company, came to a successful ending recently. The event, which took place as a series covering all the regions - Kandy, Jaffna, Batticaloa, and Galle- apart from the main event at Water’s Edge, Colombo, was a real showcase of the commitment, regard and admiration towards its partners – the pillar of their success.

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South Asia Textile Industries Lanka restores clinic for 10th anniversary
22-July-2015

South Asia Textile Industries Lanka, a leading Weft Knit fabric manufacturer for global brands such as Victoria’s Secret, Marks and Spencer, NEXT, Adidas, Columbia Sportswear, PVH/Calvin Klein, Tesco F&F and many more, recently commemorated its 10th anniversary with a number of celebratory activities for its 950 employees, as well as a Corporate Social Responsibility (CSR) initiative by staff that saw the refurbishment of the nearby Government Dispensary in Pugoda.

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E FM treats hundreds of fans to Ant-Man
22-July-2015

Known for throwing lavish movie premieres for hundreds of loyal listeners at a time, Sri Lanka’s Lifestyle radio station E FM wowed fans once more with its most recent movie premiere for Marvel’s Ant-Man, an action/adventure/comedy that tells the story of a superhero and a heist, in equal parts, which was hosted at the iconic Savoy cinema in Wellawatte.

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The Extraordinary warriors of Union Assurance General recognized at the Annual Awards
21-July-2015

Union Assurance General (UAG) now under the corporate umbrella of Canadian based Fairfax Financial Holdings successfully concluded its Annual Awards Ceremony for the year 2014 on the 16th of July at the Grand Ballroom, Waters Edge.

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SLIM NASCO 2015 elevates sales profession in record breaking year
21-July-2015

Sri Lanka Institute of Marketing (SLIM) recently concluded the judging process for NASCO 2015 – the premier national event dedicated to recognise, honour and reward sales people in Sri Lankaamidst record numbers in participation. This year has seen the highest number of entries as well as the highest number of companies participating in the history of the event, and has attracted several multinational giants and diversified local conglomerates.

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Award - winning drama ‘Kadulla’ re-presented to television viewers by Commercial Bank
20-July-2015

Kadulla, the evocative teledrama that explored the societal changes that took place in mid twentieth century Ceylon, is back on the small screen for a new generation of television audiences every Sunday at 8.30 pm on Rupavahini sponsored by Commercial Bank, and will run till November 2015. Tilak Jayaratne’s monumental screen play was first broadcast as a radio play and was filmed for television under the masterly direction of Dharmasena Pathiraja, one of the most prolific and recognised film directors and screenwriters of Sri Lanka who directed many award winning films, documentaries and teledramas.

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ikman.lk launches ‘ikman delivers’
20-July-2015

ikman.lk Sri Lanka’s largest market place, recently unveiled their latest service ‘ikman delivers’, further enhancing the convenience for its customers when buying and selling a product. ikman.lk now provides sellers with an opportunity to reach a wider audience and sellitems with no hassle,while buyers can receive a product directly to his/her doorstep without having to leave the comfort of their homes.

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MillenniumIT powers CA Sri Lanka Strategic Summit with gold sponsorship
29-July-2015

MillenniumIT, the leading Sri Lankan financial software and technology services company recently came onboard as a gold sponsor to power the Strategic Summit, organized by the Business School of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).

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CA Sri Lanka Strategy Summit 2015 kicks off
29-July-2015

The biggest ever business strategy conference in the country, the Strategy Summit organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) was ceremoniously inaugurated on Wednesday, 29th July 2015 at the Mount Lavinia Hotel, under the patronage of Mr. Russel Guthrie, Chief Financial Officer of the International Federation of Accountants.

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Johannesburg Stock Exchange selects MillenniumIT trading solution to streamline technology infrastructure
29-July-2015

MillenniumIT, the provider of ultra-low latency, agile and resilient capital markets solutions and part of London Stock Exchange Group, today announced that Johannesburg Stock Exchange has selected MillenniumIT to provide the technology for its derivatives and fixed income markets. The move will extend JSE’s use of MillenniumIT’s next generation integration platform (MAP™), the Millennium Exchange™ trading platform and Millennium Surveillance™ products beyond equities, providing an integrated multi-market and ultra-low latency solution in support of the JSE’s strategic objective of integrated trading and clearing.

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Ivy Leaf Cough Mixture to fill void in the market
29-July-2015

For the first time in Sri Lanka, a clinically tested and documented ingredient Ivy leaf (Hedra helix) with honey and a long with known herbs has been introduced to the local market as a cough reliever. This is an over the counter product marketed by Kalbe International, a top ten healthcare company in Sri Lanka Manufactured by Kalbe, Indonesia, Woods is a trusted Cough Solution specialist and leading provider of cough and throat related remedies for more than 100 years (since its first introduction in 1905); their Herbal Cough medicine contains several restorative ingredients apart from its key component ivy leaf.

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IFAC President discusses progress of accounting profession with Prime Minister
29-July-2015

President of the International Federation of Accountants (IFAC) Ms. Olivia Kirtley and CFO Mr. Russel Guthrie, who are on an official visit to Sri Lanka, paid a courtesy call on Prime Minister Hon. Ranil Wickremesinghe on Tuesday, 28th July 2015 at Temple Trees. During the meeting, Ms. Kirtley explained the role of IFAC in developing the profession and helping maintain the standard of local bodies at an international level, while also matters in connection to the progression of the accounting profession in a Sri Lankan context was discussed at length.

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Aspirations Education Foundation join hands with Deakin University, Australia to Empower Rural Schools and Communities
29-July-2015

The Aspirations Education Foundation has partnered with Deakin University together with Arts Building Children’s Dreams (ABCD) in Australia to support the development of over 20 schools in Ampara District. In order to make this a reality a team of Deakin University representatives including 18 Deakin University students and Deakin University staff visited Ampara Project schools from 22nd June - 3rd of July in collaboration with the Aspirations Education Foundation.

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MasterCard highlights latest innovations in electronic payments at a workshop in Colombo
28-July-2015

MasterCard engaged with over 100 senior electronic payments professionals at its inaugural Payments Strategy Workshop in Colombo recently. The event was unique and one of the biggest in the electronic payments industry in Sri Lanka.

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Richard Peiris Tire Company’s annual dealer convention held at “Cinnamon Grand” Hotel
28-July-2015

Annual dealer convention of the Richard Peiris Tire Company was held at the “Cinnamon Grand” Hotel in Colombo on recently. Out of the company’s 1500 strong dealers, persons who have delivered best results had the honor of receiving their awards from Richard Peiris and Company PLC Group Director Mr. Sunil Liyanage and General Manager Mr. Pradeep Samaratunga.

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Commercial Bank is Euromoney’s Best Bank in Sri Lanka in 2015
27-July-2015

Euromoney, widely considered one of the world’s leading financial magazines, has adjudged Commercial Bank of Ceylon PLC the Best Bank in Sri Lanka in 2015 at the magazine’s Asia Awards for Excellence presented recently in Hong Kong. This is the second major international award presented to Commercial Bank in the past two months, during which the Bank also had the distinction of becoming the only Sri Lankan bank to be ranked among the Top 1000 banks of the world for five consecutive years.

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Iconic Elephant House beverages now at UK’s Tesco and Asda
27-July-2015

Sri Lanka's iconic beverage brand Elephant House Ginger Beer, lovingly referred to as EGB, has achieved another milestone in its growing international popularity, with it now being carried at the Walmart-owned Asda in the UK, the country's second-largest supermarket chain by market share. Available in its 330ml can variant, EGB was especially selected by Asda, due to it being increasingly preferred by UK customers, who frequently choose this natural ginger flavoured Sri Lankan export over dozens of UK- and EU-based beverages at their disposal.

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zMessenger awarded ISO Certification for Information Security
27-July-2015

zMessenger, the award winning integrated mobile media company, made history once again as they became the first and only Sri Lankan digital agency to receive the ISO 27001:2013 certification for information security by the Bureau Veritas Certification Holding SAS-UK branch. Through this latest achievement, the company continues its tradition of being in the forefront of mobile marketing and digital services in Sri Lanka.

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CA Sri Lanka launches integrated reporting implementation guide for corporate sector
27-July-2015

In its capacity as the sole authority to promulgate accounting and auditing standards in the country, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), unveiled the ‘Preparer’s Guide to Integrated Corporate Reporting,’ an illustrative implementation guide to facilitate corporates in the country to produce a more comprehensive integrated report.

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“NATUZZI” ITALIA LUXURY FURNITURE OPENS EXCLUSIVE FLAGSHIP STORE IN COLOMBO
27-July-2015

 

Natuzzi, the Italian luxury furniture manufacturer, joined hands with Softlogic Retail (Pvt) Ltd, a fully owned subsidiary of Softlogic Holdings PLC and appointed Exclusive Authorised Distributor for Natuzzi in Sri Lanka, to launch its first flagship showroom in Sri Lanka. Conveniently located at No. 100, Galle Road, Colombo 4, the four storey store showcases a stylish selection of exclusive home furniture by Natuzzi. The showroom has been designed to offer a unique brand experience.

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Professional job opportunities soar in the healthcare sector - Everjobs Career Report
24-July-2015

For finance and human resource professionals, the job doesn't get much better than this. A recent Everjobs career report showed accounting and auditing, human resource and administrative job roles to be in high demand, especially in the rapidly expanding healthcare sector of Sri Lanka. It also revealed an emerging demand for project management specialists.

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Sri Lanka’s finest natural mineral water brand, OLU, presents CFW Swim 2015
24-July-2015

As the title partner of Colombo Fashion Week (CFW) Swim, OLU Tropical Water leads the way in promoting healthy living. Sourced from one of the rarest cloud forests found in the upper reaches of the island’s hill country, OLU is one of the first natural mineral water brands from Sri Lanka. Not all bottled water you buy is sourced from a natural supply of mineral water.  Even with the proliferation of bottled water brands in the market-place, you will be hard pressed to find a water brand that conforms to international standards that are on par with brands like Volvic and Evian.

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25 budding Sri Lankan entrepreneurs chosen for MIT Global Startup Lab 2015
23-July-2015

Twenty five aspiring Sri Lankan entrepreneurs, chosen from 100 candidates with ideas for potentially game-changing technology startups, have embarked on the 2015 MIT Global Startup Lab (GSL) programme in Sri Lanka conducted by the Massachusetts Institute of Technology (MIT) in partnership with leading apparel manufacturer Brandix and WSO2, a leader in enterprise middleware.

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MAS unveils the world’s first Chemical Leasing project for waste water treatment
23-July-2015

MAS breaks new ground with the world’s first Chemical Leasing project for waste water treatment. UNIDO applauds it as a great start for Sri Lanka and a giant leap in rethinking chemical management by responsible business brands. As part of a long term commitment to environmental sustainability, MAS unveiled its latest sustainability innovation with the signing of the world’s first Chemical Leasing agreement on waste water treatment.

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SLT sponsors 94th National Athletic Championships
23-July-2015

Sri Lanka Telecom (SLT), the leading ICT solutions provider in the country was proud to announce of its role as the Principle Sponsor of the 94th National Athletic Championships, conducted by the Athletic Association of Sri Lanka. As a relatively small island with modest means, it can sometimes seem like our talented Sri Lankan youth aren’t always fortunate enough to be set up with the necessary facilities to allow them to compete with the major powers from other sides of the planet.

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CA Sri Lanka’s Strategic Summit attracts high profile local and international business leaders
23-July-2015

A large number of high profile local and international business leaders have registered for the biggest ever Strategy Summit organized by the Business School of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). The registered participants include Chairmen, Managing Directors, Directors, CEOs, COOs, CFOs as well as Business Unit Heads representing local and foreign companies.

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New fashion boutique RADISI announces store opening with runway show and launch party
23-July-2015

 

Women’s high-end fashion label Radisi celebrated its formal launch in Colombo on the 20th July. The store opening was celebrated with a launch party and presentation of the collection. Situated at 34, 27th Lane, Colombo 03 – the Radisi outlet will feature pieces that are suitable for all occasions. The collection encompasses sophistication through strong, stylish and statement pieces that are figure flattering and one of a kind.

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Mihin Lanka introduces all-new Business Class
23-July-2015

Mihin Lanka recently launched its all-new Business Class cabin and service to provide passengers with added comfort and luxury on the airline’s short to medium haul flights. The new cabin offers a variety of comfortable features, which ensure that passengers enjoy a relaxed and enhanced experience on board their flight. Introducing the new Business Class service is also part of Mihin Lanka’s strategic long-term plan to capture a greater market of corporate travellers, who travel frequently for both business and leisure.

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Huawei Proposes "Building A Better Connected Asia" at Inaugural Asia Pacific Ultra-Broadband Summit
22-July-2015

At the first Asia Pacific Ultra-Broadband Summit hosted in Bangkok, Huawei and national regulatory agencies in Asia Pacific, International Telecommunication Union (ITU), major carriers and telecommunications industry partners including Light Reading, Heavy Reading, and Ovum, have agreed on the future direction of Ultra-Broadband development in Asia Pacific and its agenda to build a better connected Asia. The Summit serves as an important milestone for quick innovation and accelerated growth of the ultra-broadband market in the Asia Pacific region.

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Colombo Fashion Week introduces Swim with the aim of making Sri Lanka the swimwear capital
22-July-2015

OLU Tropical Water presents Colombo Fashion Week (CFW) Swim, which aims to launch Sri Lanka as a swimwear hub in Asia and serve as a leading platform for swimwear designers and manufacturers in the region, and beyond. CFW Swim is technically supported by state-of-the-art swimwear manufacturer, Linea Aqua, and will showcase the latest collections of nine Sri Lankan and three international swimwear labels. Hosted by Hilton Colombo, CFW Swim will take place on 7 and 8 of August 2015 at the Hilton Colombo Poolside.

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Social Enterprise Lanka partners PR Wire
22-July-2015

PR Wire, one of Sri Lanka's leading PR firms has partnered with Social Enterprise Lanka, the leading organisation for developing the social enterprise sector in Sri Lanka. Social Enterprise Lanka aims to build a thriving social enterprise sector in Sri Lanka by 2025 with thousands of social enterprises, employing hundreds of thousands of people, returning measured social, environmental and economic impact to Sri Lanka. Please visit http://socialenterprise.lk/ to learn more about their mission and services.

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CA Sri Lanka awards 130 outstanding students with scholarships
22-July-2015

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently rewarded 130 outstanding students including the top achievers at the 2014 Advanced Level examinations with scholarships to embark on a globally sought after career in chartered accounting.

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Sri Lankan stocks slip for second day; earnings eyed
21-July-2015 Reuters

Sri Lankan stocks edged down on Tuesday, marking their second straight loss as investors stayed on the sidelines awaiting cues from June-quarter corporate earnings. The main stock index ended down 0.03 percent, or 2.27 points, at 7,145.59. It closed at its highest since June 1 on Friday as hopes of political stability after the Aug. 17 parliamentary polls lifted sentiment. Turnover stood at 334.8 million rupees ($2.50 million) on Tuesday, the lowest since July 14 and well below this year's daily average of 1.06 billion rupees.

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DHL Voted Asia’s Most Trusted Brand For Seventh Time
21-July-2015

DHL, the world’s leading logistics company, scooped its seventh consecutive Trusted Brand Award in the ‘Airfreight/Courier Service’ category in Asia at the highly regarded Reader’s Digest Trusted Brands Awards 2015. Beating the competition in five major markets, DHL extended its market-leading positions in Hong Kong, Singapore and Taiwan by winning the Platinum awards – a first for Taiwan which achieved Gold in 2014. DHL Express Malaysia retained its position as market leader with another Gold award; it was joined at the top by DHL Express Philippines, voted Gold by readers for the first time.

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Ceylinco Life Toastmasters Club accorded ‘Distinguished’ status
21-July-2015

One year after it received its charter from Toastmasters International, the Toastmasters Club of Ceylinco Life has been accorded ‘Distinguished’ status by Area E02, Division E, District 82, in recognition of the progress of the club’s members. Two members of the club emerged the winner and runner-up at the Area E02 speaking competition and qualified to compete at the Division E competition at which one of them was adjudged the runner-up, the club said. The Ceylinco Life Toastmasters Club has been acclaimed as one of the most active in Area E02.

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Embark Spreads More Love and Compassion in Q1- 2015-16
20-July-2015

A spate of activities in geographically and culturally diverse areas of Sri Lanka has seen Embark, Sri Lanka’s unique fashion brand supported community animal welfare programme, record one of the busiest quarters in its eight year history.

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Sri Lankan stocks fall from near 7-wk closing high; earnings eyed
20-July-2015 Reuters

Sri Lankan stocks fell on Monday from their near seven-week closing high in the previous session as investors stayed on the sidelines ahead of financial results of blue chips like Commercial Bank of Ceylon Plc. The main stock index ended lower 0.2 percent, or 14.10 points, at 7,147.86, snapping a seven-session rally. It had closed at its highest since June 1 on Friday as hopes of political stability after the Aug.17 parliamentary polls lifted sentiment.

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Two vocational training institutes open in the East with assistance from the Government of Switzerland
20-July-2015

Vocational Training Authority (VTA) announced the inauguration of two vocational training institutes in Trincomalee on 8 July 2015. The ‘Vocational Training in the North and East of Sri Lanka’ (VTN) project is a bilateral cooperation between the Democratic Socialist Republic of Sri Lanka and the Federal Republic of Germany. The project is implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and the Kreditanstalt für Wiederaufbau (German Development Bank - KfW) on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).

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The management of Tesco visits Hirdaramani factory in Mullaitivu
20-July-2015

Richard Anthony Collins – COO, F&F Clothing UK and Alison Tania Rose – Director International Sourcing, Tesco HK, recently joined Azmina Kareem - General Manager of Tesco Sri Lanka and the Directors of the Hirdaramani Group on a site visit of the Hirdaramani factory in Mullaitivu.

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SriLankan combines cash and miles for dream holiday from FlySmiLes
29-July-2015

FlySmiLes frequent flyer programme of SriLankan Airlines, with its newest cash plus miles offer, gives its members the opportunity to explore SriLankan’s directly operated destinations for attractive fares. The offer, valid for bookings till August 15, 2015 for travel from September 1- October 31, 2015, gives FlySmiLes members the chance to combine their FlySmiLes miles and cash to fly to any of the destinations on offer by redeeming their miles.  A return trip to Europe can be yours for as low as Rs. 24, 400 and South India for just Rs. 8,600.

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E FM helps bring fashion celebrity Nigel Barker to Sri Lanka
29-July-2015

E FM, Sri Lanka’s only Lifestyle radio station, recently joined a number of other, top local brands in helping bring Nigel Barker, a celebrated fashion photographer, and “America’s Next Top Model” and “The Face” judge, to our shores, facilitating a unique opportunity for the domestic fashion and photography fraternities to interact with a true international icon.

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Extending careers beyond retirement through flexible working
29-July-2015 By Dr. Nirmal De Silva

It is widely-known that population ageing is a global phenomenon, with the number of people aged 65 years and above expected to grow significantly across Asia in the coming years and decades. According to latest research carried out by Regus, the global workplace provider, it has been revealed that 84% of respondents worldwide see flexible working is critical for keeping older, experienced workers in the economy.

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Sri Lanka Telecom powers the Katukurunda Motor Races
29-July-2015

The SLT Katukurunda Motor Races which was jointly organized by the Asian Motor Racing Club and the Sri Lankan Association of Racing Drivers and Riders (SLARDAR) and sponsored by Sri Lanka Telecom (SLT) was successfully held on Sunday, 26th July 2016 at the Air Force base, Katukurunda.  The motor racing championships comprised of a total of 21 events. Under the overall championship, the title of Overall Best Rider went to Pramuka Sesath while the title of Overall Best Driver was secured by Ashan Silva.

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Mihin Lanka’s fifth batch of Trainee First Officers commence their training
29-July-2015

Mihin Lanka’s fifth batch of Trainee First Officers, recently commenced phase one of their pilot training with the airline. A total of six candidates were selected from 34 applicants who completed a comprehensive induction process, including rigorous technical and psychometric evaluations. All candidate evaluations were conducted by UK based Alpha Aviation, in accordance with the highest international standards. The first phase of training is taking place at the airline’s ground school where the Trainee First Officers will learn the theoretical and technical aspects of piloting.

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Disadvantaged Advanced level students in Kegalle provides scholarships by Berendina
29-July-2015

The Berendina Employment Center (BEC) provides 6 scholarships to deserving G.C.E Advanced level students and to one university undergraduate student in the Kegalle district as part of its “ Bright Student Scholarship Program’.

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Signal Unveils “Dewarak Madinna Dewarak Dinanna” Mega Consumer Promotion
28-July-2015

Offering children more reasons to brush their teeth twice a day, Sri Lanka’s No. 1 toothpaste, Signal, launched its “Dewarak Madinna Dewarak Dinanna” promotion recently. With two daily draws and a weekly draw, the campaign will see Signal rewarding consumers with laptops, tabs and cash prizes amounting to Rs.1 million.

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Credence Launches Corporate services with LAHRC Management Services
28-July-2015

Credence Sri Lanka’s foremost and pioneering venture in genomic medicine has been identified as a leader in clinical genomics and the only commercial provider of next generation sequencing.  Credence now offers its cutting edge services through partner hospitals, labs, and Pharmacies Island wide. The organization now offers corporate testing to the all the staff and managers of LAHRC management services.

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Firzan Mulafer of Publicis Sri Lanka has been selected to serve on the jury of Spikes Asia 2015
27-July-2015

Firzan Mulafer - Director Client Services at Publicis Solutions Sri Lanka, has been selected to serve on the highly respected jury of the Spikes Asia Festival of Creativity 2015. The festival is set to take place in Singapore this September and is acknowledged as the region’s oldest and most respected awards show for celebrating creativity in the marketing communications industry.

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Emirates debuts exclusive Dom Pérignon vintages and champagne pairing menu
27-July-2015

Customers travelling on Emirates’ First Class can now look forward to the introduction of the recently released Dom Pérignon Vintage 2005, and the Dom Pérignon Vintage Rosé 2003, across different routes. The largest global partner of Dom Pérignon, Emirates has also introduced a pairing menu developed by its team of culinary experts in collaboration with Pascal Tingaud, Chef de Cuisine at Dom Pérignon and two-Michelin star chef.

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Axis Communications SignsTYAX (Private) Ltd. as Distributors for Sri Lanka and Maldives
27-July-2015

Axis Communications, the market leader in network video, and TYAX (Private) Ltd., Colombo’s leading distributor of IT Peripherals, Networking products and Components, today announced their partnership for the distribution of full range of Axis network video products. Customers from Sri Lanka and Maldives will have direct access to Axis network video products from May 2015 onwards, by TYAX (Private) Ltd.

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IFAC President meets students & lecturers of accounting bodies
27-July-2015

Ms. Olivia Kirtley, President of the International Federation of Accountants (IFAC) met  with students of CA Sri Lanka, CIMA, CMA, ACCA, AAT and universities, as well as lecturers on the morning of 27th July 2015 at the Institute of Chartered Accountants of Sri Lanka, for an interactive session on 'Corporate Governance, Ethics and Accountancy Education.'

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Swadeshi Khomba illuminates “Yapauwa Raja Maha Viharaya”
27-July-2015

The Swadeshi Industrial Works PLC, the market leader in Sri Lanka for herbal personal care products, has sponsored the “Aloka Poojawa” of the historic Yapauwa Raja Maha Viharaya for the Poson full moon poya day. The illumination is done under the theme; “Swadeshi Khomba Aloka Puja Sathkaraya”.

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Sri Lankan rupee ends steady in dull trade
24-July-2015 Reuters

The Sri Lankan rupee ended steady in dull trade on Friday as a state-owned bank maintained its dollar-selling rate at 133.70, dealers said. The spot rupee closed steady for the second straight session at 133.70/80 per dollar.

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Popular personality Nigel Barker visits the Safari Hotel of the Galle Face Hotel Group during a country tour
24-July-2015

The Safari Hotel, Tissamaharama, a luxury abode designed to provide a pleasurable experience for wildlife enthusiasts recently had the honour of serving Nigel Barker, the renowned English reality TV personality, fashion photographer, author, filmmaker and former model during his stay in Sri Lanka.

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PRIMA SUNRISE BREAD sponsors “Regional Junior Open Golf C'ship in Nuwara Eliya and Kandy”
24-July-2015

The Sri Lanka Golf Union together with Prima Sunrise Bread continue its drive to broad base the game in the country and scheduled the two regional opens to be played during the school holiday season in August to facilitate more participation. We are likely to see entries for the first time from Nuwara Eliya with junior schools program taking birth after the initiation of the schools program conducted by the Nuwara Eliya Golf Club and the Sri Lanka Golf Union development program.

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Janashakthi Insurance PLC announces appointment of Husein Esufally as Deputy Chairman
23-July-2015

Renowned Sri Lankan business leader Mr. Husein Esufally joined the Board of Janashakthi Insurance PLC., and its subsidiary Janashakthi General Insurance Limited as Deputy Chairman with effect from 22nd July 2015. He takes over from Mr. C. T. A. Schaffter, who retired from the position on 31st March 2015.

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IronOne launches next generation ‘ATrad Mobile’ for secure access to CSE trading on the go
23-July-2015

IronOne Technologies has announced the launch of ‘ATrad Mobile’ for busy investors to access the Colombo Stock Exchange for real-time market information, and to trade securely via their smartphones. ‘ATrad Mobile’ has easy to use stock trading features and capabilities that allow clients to securely trade stocks, track and manage portfolios and market movements, as well as analyse industry research and trends.

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Sri Lankan rupee ends steady ahead of policy review
23-July-2015

The Sri Lankan rupee ended steady in dull trade on Thursday ahead of the central bank's policy review on Friday and as a state-owned bank maintained its dollar-selling rate at 133.70, dealers said. There was, however, downward pressure on the rupee due to demand for the greenback from importers, dealers said.

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Commercial Bank hosts entrepreneurship seminars in Kandy & Kuliyapitiya
23-July-2015

The Commercial Bank of Ceylon recently interacted with 260 entrepreneurs in the Central and North Western provinces at programmes hosted in Kandy and Kuliyapitiya as part of the Bank’s on-going initiative to promote entrepreneurship development across the country by empowering micro, small and medium enterprises with the knowledge they need to grow.

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New Lankem House opens at Navam Mawatha
23-July-2015

Lankem Ceylon PLC recently moved into its own building at No 46/56 Navam Mawatha in Colombo 02. The 30,000 sq ft new office complex will enable the company to integrate several of its operating profit centres in one location for the first time. The move to re-locate the Company’s operations to Colombo’s commercial nerve centre will help to further strengthen its image as one of Sri Lanka's largest and fastest growing industrial conglomerates.

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Commercial Bank rated the strongest Bank in Sri Lanka by Fitch
22-July-2015

The National Long-Term Rating of Commercial Bank of Ceylon PLC has been affirmed at 'AA(lka); Stable Outlook' by Fitch Ratings Lanka (FRL). Commercial Bank’s Basel II compliant outstanding subordinated debentures have been affirmed by Fitch at 'AA-(lka)'.

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Deshodaya Development Finance Company Limited to re-launch as Sarvodaya Development Finance Limited
22-July-2015

Deshodaya Development Finance Company Ltd (DDFC), a subsidiary of the Sarvodaya Economic Enterprise Development Service (SEEDS) is due to re-launch as Sarvodaya Development Finance Limited. Approved by the Monetary Board of the Central Bank of Sri Lanka (CBSL), the company will continue to focus on micro financing and will function on the principles of the Sarvodaya Movement.

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A & E Lanka partners ‘Swim’ by Colombo Fashion Week
22-July-2015

American & Efird (A&E) Lanka, a fully owned subsidiary of one of the world’s premier industrial sewing thread manufacturer American & Efird LLC, USA, recently stepped up as a key partner for the upcoming ‘Swim’ by Colombo Fashion Week (CFW) to be held on the 7th and 8th August at Hilton Colombo. Launching for the first ever time in Sri Lanka by CFW, Swim, a season of its own, will continue to be an annual event or rather platform for local and international swimwear designers and manufacturers.

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Barista offers convenient meeting spaces for the corporate world
22-July-2015

Sri Lanka’s fastest growing and much loved coffee house chain Barista Lavazza in an attempt to add further attractions to its growing portfolio of outlets, will now offer convenient meeting spaces for companies and individuals who would like to take their business meetings out of the office. Following a global phenomenon of out of the boardroom meetings that allow a more relaxed atmosphere for planning, idea generation and brainstorming sessions, the Barista meeting spaces will offer the convenience of a central location, quiet surroundings, free Wi-Fi facilities, great food and beverages, and the opportunity to relax and unwind with great coffee post-meeting.

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Edulink International Campus in partnership with Phoenix GaminG Hosts Season of Complete eSports Action
21-July-2015

Competitive gaming (commonly referred to as ‘electronic sports’ or ‘eSports’) has turned into a multi-million dollar sport in the world within the past few years. The scale of some tournaments’ prize pools easily make international organizations such as ICC look diminished. The group stages of the highest prize pooled tournament with 17 million dollars, The International 5 organized by the American Video Game Development giant Valve, is scheduled to start on the 26th of July.

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Luv SL Store Opens at Crescat Boulevard!
21-July-2015

Luv SL by ODEL opened its newest and most extraordinary store at Crescat Boulevard recently. Located at Shop No. 19 A, Lobby Level, the Luv SL store is representative of ODEL’s most innovative stores featuring Sri Lankan inspired fashion, accessories, souvenir, home-grown products and items that are retailed in a new format of stores.

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Wellawatte Nithyakalyani Jewellery and Rotary Club of Colombo East  blood donation drive a success
21-July-2015

Wellawatte Nithyakalyani Jewellery together with Rotary Club of Colombo East organized a mega blood donation campaign recently. Over 100 donors participated in this worthy initiative organized for the second consecutive year. Blood is an essential need for the country and the organizers consider it is their duty to join the efforts of the Rotary Club of Colombo East on continuous basis.

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YouTube sensations now on Emirates in-flight entertainment
20-July-2015

This summer, Emirates’ award-winning ice entertainment system debuts two famous YouTube channels ‘Cute Girls Hairstyles’ and ‘Brooklyn & Bailey’. Known for their hairstyle tutorials, fashion and beauty vlogs, the two channels have over 5 million subscribers and over half a billion views combined on YouTube.

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Commercial Bank completes landscaping of National Hospital gardens
20-July-2015

A project by the Corporate Social Responsibility Trust of Commercial Bank to landscape one and a half acres of the gardens of the National Hospital of Sri Lanka (NHSL) Colombo has been completed. Officials of the two institutions jointly inspected the completed work recently, and the NHSL presented a token of appreciation to the Bank for its contribution.

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