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J.L. Morison Celebrates 75 years with a commemorative Coffee Table Book
19-December-2014

J L Morison Son & Jones (Ceylon) PLC, in commemoration of its Diamond Jubilee, released “A Chronicle of J. L. Morison Son & Jones (Ceylon) PLC”, a coffee table book narrating its origins and development through the years. The first copy of the book was presented to Mr. Reggie Abeyawira, former Chairman of J L Morison Son & Jones (Ceylon) PLC, who served the Company for six decades and Mr. Husein Esufally, Chairman of Hemas Holdings PLC by Mr. Trihan Perera, Managing Director of J L Morison Son & Jones (Ceylon) PLC.

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Lamindu Rainika is New Junior Golf Champ 2014
18-December-2014

Lamindu Rainika is the new winner of the Sri Lanka Open Golf Championship title for 2014. Playing very steady golf right through and totaling a score of 244 (81+83+80), Lamindu won by 11 strokes over runner - up H.Prashan Lakshitha who carded an 87 in the final round totaling 255.

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2015: Moving to the Era of Integration
17-December-2014
By Indika De Zoysa

In the world of technology nothing stands still. Today, we frequently see new mobile and computing devices come to market offering a whole host of innovations, while IT gathers and manages unprecedented and incomprehensible volumes of data from a plethora of everyday objects. The rapid pace of innovation we’ve seen across all IT will continue into 2015 to usher in the Era of Integration; a time when technology and computational power will no longer be an adjunct to our daily lives, but an integral, immersive and all-encompassing part.

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Constituent Changes to the S&P Sri Lanka 20 Index
16-December-2014

Colombo Stock Exchange (CSE) announces the changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2014 annual index rebalance as follows. S&P Dow Jones Indices today announced that effective from the December 22, 2014 (after the market close of December 19, 2014), Asian Hotels & Properties PLC (CSE Ticker: AHPL, Bloomberg Ticker: AHPL SL), C T Holdings PLC (CSE Ticker: CTHR, Bloomberg Ticker: CTHR SL) and Hayleys PLC (CSE Ticker: HAYL, Bloomberg Ticker: HAYL SL) will be removed from the S&P Sri Lanka 20 index as they no longer qualify for index inclusion.

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Emirates expects record number of travellers this week
16-December-2014

Emirates expects this week to be its busiest of 2014, as travellers head home or abroad for the holiday season. Over 80,000 people will travel on 19 December with Emirates on over 240 flights, according to the airline's latest booking figures. This represents an increase of almost 23% over last year.

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Splash Opens New Store in Colombo
16-December-2014

The Middle East’s largest high street fashion retailer Splash is set to open its newest store in Colombo on December 15,2014. This will be thenewest addition to the city’s flourishing fashion landscapejust in time for the holiday season. Located at its flagship addressNo 175, New Bullers Road, Colombo 4, Splash is one of the celebrated brand offerings in the expanding portfolio of Softlogic Brands Pvt. Ltd a fully owned subsidiary of Softlogic Holdings PLC and the master franchisee for Splash in Sri Lanka.

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Sunshine Healthcare committed to improve the well-being of all Sri Lankans
16-December-2014

With a history spanning nearly five decades, Sunshine Healthcare (SHL) strives to promote better health for all Sri Lankans. Working with all stakeholders SHL supports the quest for higher quality and improved healthcare outcomes helping to chart the course toward a stronger and healthier nation.

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Citihealth Empowers it’s Sales Team with Axienta’s SFA Solution
16-December-2014

Citihealth Imports (Pvt) Limited, as one of the fastest growing pharmaceutical companies , is ranked among the top 10 pharmaceutical companies in the country. Its product portfolio includes a diverse product range from leading Pharmaceutical Manufacturers focusing on drugs for Thalassemia, Anti-asthmatic, HIV, Tetanus vaccines and a range of rehabilitation products.

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Australia Gateway unveils new opportunities for Sri Lankans in Australia
16-December-2014

One of Sri Lanka’s leading Australian Migration Consultants - Australia Gateway, the Sri Lankan arm of Melbourne-based Fairfields Lawyers has embarked on aggressively promoting investment, trade and immigration opportunities in the Continent, in the light of its latest immigration-friendly visa regime.

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PLC clinches silver at SLITAD awards 2014
16-December-2014

People’s Leasing & Finance PLC the leasing giant, market leader and the largest finance company in the non-bank finance sector in Sri Lanka is progressing from strength to strength gaining recognition from the leasing fraternity and the corporate sector.

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Institute of Indigenous Medicine brings ICAUST 2014 and Ayu-Expo
16-December-2014

The Institute of Indigenous Medicine in collaboration with the University of Colombo and the University Grants Commission of Sri Lanka will present the 2nd International Conference on Ayurveda, Unani, Siddha and Traditional Medicine and Ayu-Expo 2014 from 16-18 December. The inauguration of the event will be held at Water’s Edge, Battaramulla followed by scientific sessions at the Institute of Indigenous Medicine in Rajagiriya.

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Belarus bells ring for Sri Lanka
12-December-2014

In the aftermath of the successful Lanka-Belarus Trade talks on 09 July in Colombo, comes the first ever trade breakthrough, as revealed on 11 December- and the first beneficiary of Belarus’ is no less than Lankan exporter. “Our Joint Commission talks in July have brought results. I welcome the Government of Belarus’s initiative to remove Sri Lanka from the list of off-shore countries with effect from this November” said Rishad Bathiudeen (Minister of Industry and Commerce of Sri Lanka) on 11 December in Qatar.

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Kelani Cables’ Kelani Visura spreads its wings to Moratuwa
12-December-2014

Kelani Cables PLC going from strength to strength conducts its Kelani Visura workshop on wire laying in electrical systems for electrical technicians and novices throughout the country. The latest workshop was held at Moratuwa Ramadia Ranmal hotel to electrical technicians in the vicinity. Here the participants were taught of the very latest methods of laying wires.

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World’s top ICT economy in rare opening for Lankan start-ups
12-December-2014

In a major renewal of its economic cooperation with Sri Lanka, World’s ICT innovation leader has announced that it is ready to form a joint Business Council with Sri Lanka for the first time, as revealed on 04 December-and Lankan ICT start-ups have received a breakthrough invitation to showcase themselves at one of world’s top-tier start-up events in 2015. “It is time that we establish a Finland-Sri Lanka Business Council for B2B activities. Such a mechanism will kick-start the process.

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Calorie Counter debuts in Colombo
11-December-2014

With numerous reports of celebrity diets and amazing figure changes, it is easy for us normal folk to assume what really makes for change. The right approach to a fit body and good health is maintaining a balance of regular workouts as well as eating more nutritious meals, but the challenge has been to find expertly-formulated, healthy meals in Colombo. Now, a health restaurant concept, dedicated to living a fit life will soon make its debut and meet this need.

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CN Steel assures strength with Thermex high quality German technology
11-December-2014

One of Sri Lanka’s largest steel manufacturers, CN Steel affirmed its commitment to produce fine quality steel bars and rods of high yield strength using the state-of-the-art QST technology by Thermex, the globally recognised German company that produces steel designed to suit all construction needs that vary from homes and high-rise buildings to bridges and other infrastructural projects.

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Capital Alliance Seals Rs. 1.68 Billion Deal for Hemas Holdings PLC
11-December-2014

Capital Alliance, Sri Lanka’s leading full service investment bank recently advised Hemas Holdings PLC (HHPLC) on the sale of the company’s controlling stake of Hemas Power PLC (HPWR) worth Rs. 1.68 billion. CAL acted as the sell-side advisor for the deal which was a landmark transaction for Hemas Holdings PLC. The company sold its power business as part of an ongoing strategic effort to concentrate on its core business areas of Wellness, Leisure and Mobility.

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Enjoy Free Wi-Fi in the sky on Emirates A380s
11-December-2014

Over 200,000 passengers have used Emirates’ free onboard Wi-Fi since October this year, taking advantage of the airline’s service to connect with family, friends or colleagues when they fly. On most Emirates A380s passengers can access 10MBs of free data, enough to send emails, blog, tweet, post on Facebook, or browse the Internet.

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Brandix walks the talk at SLDF Fashion Innovation Runway
11-December-2014

Metallics, neon colours, laser cuts, sequins and leather vied for attention when Brandix, Sri Lanka’s inspiration-driven apparel manufacturer, brought the curtain down on the ‘Fashion Innovation Runway’ of the Sri Lanka Design Festival (SLDF) with a show-stealing segment. In-house designers and the products of several business units within the Brandix Group came together to present ‘Urban Collective’ – an assortment of purpose-designed casual wear, active wear, lingerie, lounge wear, sleep wear and evening wear that held the audience spellbound.

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Jan - Oct exports surge to $9B
11-December-2014

Sri Lanka’s January – October YoY exports have surged by almost 9% while an export product that recently faced volatile EU markets showed a promising turnaround, as revealed on 09 December. “For the month of October 2014 alone our provisional exports were at $ 900 Mn- and this is only merchandise exports without taking into account of service exports such as ICT” said Bandula Egodage (Chairman & CEO of EDB) on 09 December.

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Colombo Multi - Modal Transport System Centre (Terminal)
11-December-2014

Sri Lanka’s present Government under the patronage and the leadership of the President Mahinda Rajapaksa and with commitment of Gotabhaya Rajapaksa in his caliber as the Secretary to the Ministry of Defense and Urban Development has initiated landmark massive infrastructure development projects with a view transforming the City of Colombo to a Cleaner and Greener beautiful Financial Capital in Asia.

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Siyapatha Finance Limited opens its 16th branch in Ratnapura!
11-December-2014

Siyapatha Finance (SFL) the finance and leasing arm of Sampath Bank PLC opened its 16th branch in November this year; conveniently located at Main Street in Ratnapura. The company is known and trusted for its exemplary service standards and commitment to customer convenience.

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CEAT takes the fight against drunk driving to social media
11-December-2014

Sri Lanka’s top tyre brand CEAT is harnessing the power of social media this festive season to campaign against ‘driving under the influence.’

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Emirates Set to Double Flights to Barcelona
10-December-2014

Emirates, a connector of people, places and economies, has announced plans to offer a double daily service to Barcelona, less than three years after its initial launch to the city. From 2nd May 2015 Emirates will add a further 3724 seats per week to Barcelona increasing overall capacity by 51 percent. The extra service will be operated by a Boeing 777-200LR in a three class configuration, complementing the airline’s already successful daily A380 service.

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Soft opening of Browns Hospital, Ragama marks Browns Group’s entry into healthcare sector
09-December-2014

Leading blue chip conglomerate, the Browns Group of Companies recently marked its significant entry into Sri Lanka’s healthcare sector with the soft opening of the Browns Hospital Ragama.

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Huawei powered England cricket tour of Sri Lanka 4th One Day
08-December-2014

The 4th One Day Cricket Match Between Sri Lanka and England took place reacently at the R. Premadasa Stadium Colombo. Huawei the leading global smartphone maker came forth as an official sponsor for the England Cricket Tour in Sri Lanka. Huawei will also be giving away the match winner's award post all matches to the winning captain throughout the series.

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Janashakthi Backs Vintage Car Rally for the 6th consecutive year
08-December-2014

Janashakthi Insurance partnered with the Vintage Car Owner's Club for the sixth consecutive year for their annual Vintage Car Rally, which was held at the Hotel Taj Samudra recently. Celebrating this significant day in style, a parade of vintage cars was showcased for a worthy cause. The Vintage Car Rally is organised annually in order to raise awareness about senior citizens and lesser privileged children, with the aim of directing necessary assistance towards them.

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UML announces premium services at their workshops
08-December-2014

Rising to the challenge of an expanding market, United Motors Lanka PLC (UML) stated that their service repair workshop at Orugodawatte and islandwide had so far provided auto repairs and services to over 70,000 vehicles this year.

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Sri Lanka cuts fuel price ahead of elections; vow to stop subsidising
06-December-2014 Reuters

Sri Lanka slashed fuel prices by up to nearly 6 percent on Saturday to reflect falling global oil prices and said it would forgo subsidies and allow market forces to determine prices at the pumps from now on. The fuel price reduction comes ahead of snap presidential elections in January and two months after it cut energy prices across the board.

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Associated Motorways (AMW) launches 'Api Ekata' tabloid for the benefit of tyre industry in Sri Lanka
06-December-2014

Associated Motorways (Private) Limited (AMW) a leading company in Sri Lanka’s corporate sector is known for innovation. Recently AMW launched the first ever tabloid in Sri Lanka which has information with regard to tyre dealers and the industry. The tabloid named as ‘Api Ekata’ was launched at the Kandy Earl's Regency hotel, headed by AMW Director Manufacturing, Mr. Pushpika Janadheera.

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Sri Lanka November tourist arrivals rose by 9.4 pct
04-December-2014

Sri Lanka's tourist arrivals rose by 9.4 percent in November this year compared to the same period in 2013, the data released by the Sri Lanka Tourism Development Authority (SLTDA) revealed. The month recorded 119,727 tourists arriving in the country compared to the 109,420 arrived in November 2013.

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Capital Alliance Ltd (CALT) Records Strong Performance and Growth in H1
04-December-2014

Capital Alliance Ltd (CALT), the leading primary dealer in government securities recorded a profit after tax (PAT) of Rs. 555.87 million for the first half of the FY 2014/2015 ending 30 September 2014. Strong partnerships with clients, combined with an in-depth understanding of their needs, helped CALT to consistently add value to all client investments in H1 of 2014. CALT’s strong performance was also a result of the aggressive trading strategy the company adopted, which was supported by favourable market conditions created by the Central Bank of Sri Lanka.

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Burnetters Celebrate 15th Anniversary in Galle
04-December-2014

The team members of Leo Burnett Solutions Inc (LBSI), the Sri Lankan office of the internationally acclaimed advertising agency network Leo Burnett Worldwide, recently travelled to Jetwing Lighthouse in Galle for their annual PlayShop. This highly anticipated annual event included a combination of activities and team building exercises which enabled team members to bond with each other.

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Child Development Officers boost childcare standards in plantations
04-December-2014

Children in estates managed by Regional Plantation Companies (RPCs) are now in the trained, capable and caring hands of 1,350 Child Development Officers (CDOs), 563 of them with nationally-recognized Diplomas.

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SriLankan Airlines seals new codeshare deal with JAL
04-December-2014

National carrier SriLankan Airlines further consolidating its presence in the Far East commenced a new codeshare partnership with Japan Airlines (JAL) effective December 2nd, adding to a series of codeshares with leading international carriers. This new codeshare agreement with JAL will make it the sixth codeshare to be entered into with a member airline of the oneworld alliance, complementing previously concluded codeshares with Malaysia Airlines, Siberia Airlines (S7), Royal Jordanian, Finnair and Qantas.

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AVIC International Astoria Luxury Condominium officially launched
04-December-2014

Astoria, the luxury condominium project by AVIC International was ceremoniously opened for sales on 21st November 2014. The project has attracted interest from diverse sectors and fields following its inauguration event on 9th October. Enrollment of VIP members and accumulation of interest for apartment sales in Tower 2 commenced on 13th October.

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LBCH Partners With THASL To Drive HIV&AIDS Awareness
04-December-2014

The Lanka Business Coalition of HIV and AIDS (LBCH) recently signed an MoU with The Hotels Association of Sri Lanka (THASL) with the aim of promoting HIV&AIDS awareness among its members. THASL President Hiran Cooray signed the MOU on behalf of THASL.  As a result of the agreement, THASL will work with their regional associations in order to ensure that every one of their members has access to LBCH's services.

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Renuka Holdings Rights issue oversubscribed
03-December-2014

Renuka Holdings PLC’s Issue for Rs. 1.03 Bn closed on the 28th of November after being oversubscribed, attracting applications over and above the number offered under the rights. The Company offered a total of 44,517,313 ordinary voting shares at Rs. 21 each and 6,428,415 million ordinary non-voting shares at Rs. 15 in order to fund its property development project - The Renuka Tower - a modern 28 storey tower providing ‘A’ grade office facilities built on company owned land at Galle Face Terrace and Sri Uttrananda Mawatha, Colombo 03.

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The Season is a Buzz with Mallika Hemachandra
02-December-2014

Legendary Sri Lankan jeweler Mallika Hemachandra Jewellers is all set for the festive season with an array of new designs and extended hours at all its branches. From the 1st of December the outlets at Horton Place, Col 07, Majestic City, Liberty Plaza, World Trade Center, Nugegoda, Kandy-City Centre, K-Zone Ja-Ela and Kiribathgoda will be open to customers from 10.00am to 7.00pm.

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Team Exide shines at SLADA Awards 2014
02-December-2014

Aravinda Premadasa and Shehan C. Adikari, both part of Team Exide won the titles of Best Driver of 2013 and 2014; and Best Rider of 2014 respectively at the SLADA Championship Awards held recently. Team Exide also won the Team Championship for Motorbikes for the year 2014. Team Exide’s top riders, Shehan C. Adikari and Lahiru Jeewantha won right throughout this year’s racing calendar, earning them this championship accolade. Team Exide’s Aravinda Premadasa and Chaminda Weerasooriya were also awarded the Team Championship for Cars for 2013 as well.

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Emirates and AC Milan Score New Sponsorship Deal
02-December-2014

Emirates and AC Milan have agreed a new five year sponsorship deal, extending the airline’s presence on the club’s shirts until the 2019/2020 season. During a press conference at the Club’s headquarters, Casa Milano, Sir Tim Clark, President Emirates Airline and Barbara Berlusconi, President AC Milan, discussed the synergies between these global powerhouses which have made the partnership so successful.

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Oman Air Celebrates Five Years of Success in Sri Lanka
02-December-2014

The national airline of the Sultanate of Oman, Oman Air recently celebrated five years of successful operations in Sri Lanka. The Oman Air team celebrated its fifth anniversary by hosting an exclusive cocktail event and dinner at Cinnamon Lakeside, Colombo.

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CFW Successfully Launches First-Ever Design Trunk Show
02-December-2014

As part of its effort to find interesting opportunities to facilitate retail for Sri Lankan designers, CFW presented the first-ever Design Trunk Show at the Galle Face Hotel this November. The Design Trunk Show provided an interactive environment for the established and up-and-coming Sri Lankan designers who regularly showcase their work at CFW. The evening was filled with jazz, blues, a delicate array of cheese and wines as well as a variety of exquisite designs that lit up the runway.

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WOW.lk Showcases a Range of Products at the Family Fair 2014
02-December-2014

Sri Lanka’s largest online shopping mall, WOW.lk recently  partnered with the Family Fair 2014,  as the official online sponsor of the event. The Family Fair 2014 is one of the biggest industry exhibitions in the country and was held at the BMICH this year.  WOW.lk hosted its own WOW zone at the event and WOW.lk’s partner merchants also showcased an array of products and special offers.

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J.L. Morisons rewards top performers at 75th Jubilee celebrations
02-December-2014

J.L. Morison Son & Jones (Ceylon) PLC, (JLM), a company trusted by Sri Lankans for its portfolio of well-established consumer brands recently celebrated its 75th Diamond Jubilee Anniversary and Awards Night at a gala event at the picturesque Eagles Lakeside banquet hall.

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‘Life as Art’ -- capturing the extraordinary beauty of ordinary moments
02-December-2014

An exhibition and sale of photographs by freelance photographer Chatrini Weeratunge and organised by Emerge Lanka Foundation in aid of its Reintegration Programme, ‘Life as Art’ is being held at the Barefoot Gallery from Friday, 28 November to Sunday, 30 November.

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DSI Officially Launch “Salvio” a Special Range of Diabetes Shoes
02-December-2014

“Salvio”, a specially made range of Diabetes Shoes from DSI, has come to the aid of diabetes patients in Sri Lanka, enabling them to walk with comfort and the assurance that daily walking activities would not cause any harm to their sensitive feet.  DSI has launched the “Salvio” range with a focus on the organisations Corporate Social Responsibility to the Sri Lankan consumers who have been, and continues to be the biggest strength behind the brand DSI.

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Brandix wins Gold as country’s top achiever in energy efficiency
01-December-2014

A Brandix apparel factory manufacturing lingerie for international labels has been recognised as Sri Lanka’s best in energy conservation with the 2014 ‘Vidulka’ Gold award at the country’s apex awards for energy efficiency.

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GSK wins four National Business Excellence Awards
19-December-2014

The Sri Lanka operations of GlaxoSmithKline (GSK) won four National Business Excellence Awards (NBEAs) including the award for the overall runner-up among all awards recipients at the 2014 edition of this prestigious annual awards event. GSK’s rich haul of two Gold and two Silver awards affirmed the company’s commitment to sustained business excellence and its contributions to the economic progress of the country.

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Momentum - a resounding success with a huge turnout of industry professionals
18-December-2014

Asia’s largest synchronized forum for professionals – ‘Momentum’ was concluded a short while ago with over 2300 business leaders and industry professionals attending. Held simultaneously at four locations – Cinnamon Grand, Cinnamon Lakeside, Hotel Galadari and Hilton Colombo Residencies - this marked the first time in Sri Lanka that a synchronized forum was held.

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COCA-COLA EMBRACES TRUE SPIRIT OF THE HOLIDAYS, INVITES FANS TO ‘MAKE SOMEONE HAPPY’
17-December-2014

 

Coca-Cola’s global campaign aims to inspire people everywhere to look beyond the presents and “Make Someone Happy” in small but meaningful ways. A 60-second TV ad celebrates generosity and togetherness and shows that all it takes to make someone happy is an act of opening one’s heart. The story opens with Santa Claus enjoying an ice-cold Coca-Cola in his North Pole workshop. Through his “Make Someone Happy” book, he watches from afar as scenes of happy holiday moments unfold – from a young girl giving her mother a handmade drawing, to a stranger handing an umbrella to a woman caught in the rain, to a doctor bringing his late-night staff a turkey and Coca-Cola. Jimmy Durante’s 1965 classic “Make Someone Happy” appropriately serves as the ad’s soundtrack.

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CEAT’s 125 top dealers feted at grand awards gala in Malaysia
17-December-2014

One hundred and twenty five of Sri Lanka’s leading tyre dealers celebrated their success in style in Malaysia recently when they were felicitated at a grand awards ceremony by CEAT, the highest-selling tyre brand in the country. The 2014 CEAT Dealer Convention took place at the Swiss Garden Hotel, Kuala Lumpur, as part of a three-day visit to Malaysia organised by CEAT Kelani Holdings in appreciation of the contribution of these dealers to the company’s achievement of sales of Rs 11 billion in 2013-14.

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CA Sri Lanka, SEC honours top corporate leaders for demonstrating leadership excellence
16-December-2014

In a renewed effort aimed at fostering a stronger culture of corporate governance and sustainable corporate performance in the country, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) together with the Securities and Exchange Commission of Sri Lanka (SEC), recently paid tribute to ten distinguished Chairpersons of Public Listed Companies for demonstrating visionary leadership and governance in achieving sustainable corporate performance.

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Historic media Serendipity for Lankan Muslims unveiled in Colombo
16-December-2014

As the promoters of the pioneering venture declared that their effort would remain independent and apolitical, Sri Lanka’s first mass media outlet aimed at the country’s 1.9 Mn Muslim community was unveiled on 16 December in Colombo-and Muslim Media Forum, an influential Muslim community voice in Sri Lanka called the effort a ‘historic event.’ “This is indeed a historic occasion. We are totally apolitical, inclusive and not in any way divisive.

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Emerald and Asenshal create Sri Lanka’s first ever ‘remote shoot’ for RUNN innerwear
16-December-2014

Sri Lanka’s leading clothing manufacturer Emerald recently teamed up the creative agency Asenshal to break all boundaries and take advertising to new frontiers with its ground-breaking television commercial (TVC) for the RUNN brand of innerwear. Launched a couple of weeks ago on radio, television and on the internet, the commercial We get our Guys features up and coming YouTube sensation Tharindu Wijesekara (aka Gappiya). It reached over combined 60,000 views within the first week, as per statistics from the RUNN Official Facebook Page. The TVC reached massive virality with people creating memes from screenshots and sharing it with friends online.

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The Finance Company PLC continues second phase of restructuring
16-December-2014

In keeping with the direction issued by the Monetary Board at its meeting held on 26th May 2014, the Central Bank has continued the implementation of the second phase of restructuring of The Finance Company PLC (TFC) in order to further stabilise the Company and move it to a profitable level, in terms of the provisions of the Finance Business Act No. 42 of 2011.  Already, a new Board of Directors has been appointed and a new business model has been implemented by the TFC under which the company is expected to broad base and rationalize its business activities.

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Oman Air Welcomes VIPs And Media Aboard Inaugural Flight To Jakarta
16-December-2014

Oman Air welcomed VIPs, Travel agents and journalists aboard its celebratory inaugural flight from Muscat to Jakarta on Sunday 14th December 2014. The new service will be available from 12th December and will offer four flights per week aboard Oman Air’s award-winning Airbus A330s. The inaugural flight was preceded by a cake-cutting ceremony at Oman Air’s First and Business Class check-in area at the Muscat International Airport. The event was attended by Chief Guest His Excellency Nasser Bin Khamis Al Jashmi, Under Secretary for the Ministry of Finance, who also joined the flight to Jakarta.

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Happy Sri Lankans launches
16-December-2014

Happy Sri Lankans (http://www.happysrilankans.com/), a digital community and a collaborative platform which spreads Happiness connecting Sri Lankans in the country and all around the world was launched recently. The launch ceremony was graced by Chief Guest, Business Leader Dilith Jayaweera and Guest of Honor, new generation PR practitioner - Ashan Kumar Managing Director PR Wire and other well wishers at Cinnamon Red Hotel Colombo.

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Inaugural Convocation for CA Sri Lanka Chartered Tax Advisors
16-December-2014

The inaugural convocation of the Chartered Tax Advisor programme of the Faculty of Taxation of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) was held recently where students who had completed the course were awarded the distinguished Chartered Tax Advisor status. President of CA Sri Lanka Mr. Arjuna Herath stated that over the years, the CA Sri Lanka Faculty of Taxation has made vast contributions by way of educating professionals on various tax related issues.

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Times UK names all three Uga Escapes’ hotels to its Top Twenty
16-December-2014

One of the world’s most respected newspapers, the Times of London, has named all three of Uga Escape’s currently active properties to a list of the top twenty boutique hotels in Sri Lanka. The article, which appeared in the paper’s ‘Destinations’ section recently, lavishes praise on Uga Escapes’ acclaimed boutique properties, which have already won numerous industry awards, as well as certificates of excellence earlier this year from the trusted consumer review web site Trip Advisor.

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Another First for Shift Solutions – the Launch of the First-Ever Hologram in Sri Lanka
13-December-2014

Shift Solutions, Sri Lanka’s leading creative digital agency will soon launch the first-ever hologram in Sri Lanka – a life sized projection of President Mahinda Rajapaksa delivering a live speech. The hologram will be projected at the SLFP Youth Rally in Ratnapura on Monday to convey a Presidential message to the youth of the country. Shift Solutions is the first company in Sri Lanka to bring state-of-the-art hologram technology to Sri Lanka, and is now equipped to provide the marketing communications industry with a gamut of cost-effective, high quality hologram solutions that use overlays of digitally generated content as well as reflective techniques and structures to create real life imagery.

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Department of Census and Statistics launches ‘Key Findings of Census of Population and Housing 2012’
12-December-2014

The Department of Census and Statistics today launched their publication ‘Key Findings of Census of Population and Housing’ at a seminar held in Oak Room, Cinnamon Grand Hotel. The chief guest at the event was Mr. Basil Rajapakse, Cabinet Minister of Economic Development. The event was further graced by Mr. S.R. Attigalle, Deputy Secretary to the Treasury and many Heads of Ministries, Members of Parliament as well as the leaders of the other parties.

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Asian Alliance Insurance Annual Report Adjudged as One of the Best Top 3 Reports in the Insurance Sector
12-December-2014

Asian Alliance Insurance PLC which is part of the Softlogic Group is proud to announce that its Annual Report was awarded Bronze in the Insurance Sector at the 50th Annual Report Awards Competition conducted by The Institute of Chartered Accountants of Sri Lanka at a glittering event that took place at the Nelum Pokuna Theater on 9th December 2014. This year’s competition saw the participation of over 130 organizations in this most prestigious event that is celebrating its Golden Jubilee year, being conducted for the 50th Year without interruption.

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Holcim Awards 2014 winners for Asia Pacific announced in Jakarta
12-December-2014

For the first time a Sri Lankan Architectural Practice - Robust Architecture Workshop - won the Bronze award in the main category of the regional 4th international Holcim Awards. The Holcim Awards is open to architects, planners, engineers, project owners, builders and construction firms that showcase sustainable responses to technological, environmental, socioeconomic and cultural issues with contemporary building and construction.

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Tropic of Linen to open boutique in Colombo
11-December-2014

Home-grown clothing label, Tropic of Linen, is set to open a boutique in Colombo on December 13, 2014. Specialising in premium linen apparel for men and women, Tropic of Linen has been retailing at the Orchid House, at the historic Galle Fort heritage site, for over seven years. However the opening of the Colombo boutique, situated at No. 1 Wijerama Road, Colombo 7, marks the brand’s first exclusive store.

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Ontv.lk - Sri Lanka’s online TV guide launch with instant success
11-December-2014

Ontv.lk, a website that allows Sri Lankans to be up to date with their daily television schedule, was launched recently with support to all major TV stations in Sri Lanka. This online TV guide will allow people to be informed and updated on all TV programs of all the channels available in Sri Lanka. With a viewership of 85,000 since launch a month back, it clearly indicates the pressing need for a TV schedule that is updated.

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NOLIMIT gets honoured at SLITAD People Development Awards 2014
11-December-2014

NOLIMIT won the Silver Award in first category at the recently concluded SLITAD People Development Awards 2014 organised by the Sri Lanka Institute of Training & Development for their efforts in prospering its human capital.

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Second-Round Lucky Winners of Nature’s Secrets Body Lotion Consumer Promotion Win ‘Honda Activa-I’ Scooters
11-December-2014

The second-round lucky winners of the Nature's Secrets Body Lotion consumer promotion were recently declared at the Nature’s Secrets Head Office in Millewa, Horana. The four lucky Nature’s Secrets fans, selected by raffle draw,will receive ‘Honda Activa – i’ scooters each worth Rs.200,000/=

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JOINT COLLABORATION BETWEEN MALAYSIA AND SRI LANKA ON AN INTEGRATED TRANSPORTATION HUB IN COLOMBO
11-December-2014

On 10th December 2014 the Maju Group of Malaysia entered into a joint collaboration arrangement with the Ministry of Transport of Sri Lanka.  This was pursuant to visits by officials of the Ministry of Transport of Sri Lanka to Malaysia with a view to studying various modalities to transform the public transportation infrastructure in Sri Lanka.  An exchange of documents formalizing this joint collaboration arrangement was signed by The Hon. Secretary of the Ministry of Transport of Sri Lanka, Mr. Dammika Perera and Mr. Roslan Shariff,  the Managing Director of MajuTMAS, a member of the Maju Group of Companies.

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Leo Burnett Sri Lanka, Most Awarded Agency at the South Asia Agency of the Year Awards 2014
11-December-2014

Leo Burnett Solutions Inc. (LBSI) marked yet another milestone in the annals of the Sri Lankan communications industry yesterday by winning the most number of awards by a single agency at the Campaign Asia’s prestigious South Asia Agency of the Year Awards 2014. LBSI and its PR arm Arc Worldwide won gold for Best Corporate Communications Team of the Year and a bronze for PR Agency of the Year. Sithum Walter of LBSI was awarded gold as the Young Achiever of the Year. The agency was recognized with silver for the Best Digital Agency of the Year and also bagged a bronze for Creative Agency of the Year.

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Fairway Holdings Launches its latest Development - Fairway Galle
10-December-2014

On Saturday the 6th December Fairway Holdings launched ‘Fairway Galle’, its fifth vertical living development project in the heritage city of Galle with a classical music concert by the Chamber Music Society of Colombo at the historic Dutch Reformed Church in Galle Fort followed by the unveiling of the model building at Hotel Tamarind Hill in Dadalle. Whilst all previous developments are in Rajagiriya, this is their first project out-of-Colombo.

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Azarya to launch new ‘Indulgence’ collection and online boutique
09-December-2014

Hot off the success of Azarya’s first collection, vivacious beauty queen turned designer Sabrina Herft announced the launch of her latest collection, Indulgence, in tandem with the launch of an online boutique for her brand Azarya. The new collection available now at the Azarya Boutique, Arcade Independence Square, takes a fresh approach to Sabrina’s signature 1950’s-inspired floral prints, moving away from the bright colours of the Decadence collection. It opts for a softer pastel palette that incorporates Sri Lankan hand-made lace and machine lace.

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Commercial Bank honours 55 employees for 25 years of service
09-December-2014

Fifty five employees who completed 25 years of service with the Commercial Bank of Ceylon were recently felicitated at the 2014 edition of the Bank’s annual Long Service Awards gala. Service awards and gold coins were presented to each of them by the Bank’s Chairman Mr. Dharma Dheerasinghe and Managing Director Mr. Jegan Durairatnam. Many of the recipients of these long service awards were school leavers when they joined the Bank in 1989, and now hold key positions as managers, senior managers, chief managers and corporate management members at Sri Lanka’s largest private bank.

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Prima Sunrise Bread to sponsor Sri Lanka Junior Open Golf Championship 2014
09-December-2014

This year’s Sri Lanka Junior Open Golf Championship, sponsored by Prima Sunrise Bread for the seventh consecutive year, will be held from 15 to 17 December at the Royal Colombo Golf Club, morning play. The inaugural Sri Lanka Junior Open was held in 1968 which was won by Miss. Druki Fernando  It is the most prestigious tournament for young golfers in Sri Lanka and over 70 players are expected to battle it out for top honours indicating the growing popularity of the sport in the country.

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Bliss Travels announces building three hotels in Sri Lanka
08-December-2014

Australia based - DMS Universal and its Sri Lanka travel and tourism arm – Bliss Travels recently announced that the Company hopes to build three hotels in Negombo, Uswetakeyyawa and Sigiriya banking on Sri Lanka’s fast-growing hotel industry.

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CEAT launches ‘Bus Special’ tyres for private buses on Sri Lanka’s roads
08-December-2014

CEAT Kelani Holdings, the company that manufactures and caters to more than half of Sri Lanka’s tyre needs, has launched a new bus tyre designed and manufactured for the purpose of supporting initiatives to reduce public transport costs. Branded ‘CEAT Bus Special,’ the new 9.00 – 20 size tyre with a ply rating of 16 has an increased tread depth of 16 mm that delivers higher mileage, and will be the only bus tyre retailing at an effective price of under Rs 30,000 in Sri Lanka, the company said.

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‘Lanka IT sector to hit $1B mark next year’- EDB
06-December-2014

Sri Lanka’s surging IT and BPO exports would hit the critical dollar one billion mark as early as next year, surpassing previous expectations! And London Stock Exchange and HSBC have praised the Lankan IT sector ‘with joy’, as revealed on 05 December in Jaffna. And the pioneering Northern IT Exports forum by EDB & ICTA was packed with enthusiastic regional IT industry. “We earned $719 Mn from ICT exports, and our projection for 2014 is $820 Mn.

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Oracle Unveils Flagship Oracle ZFS Storage ZS4-4 NAS System with Extreme Performance and Innovations for Oracle Database 12c
06-December-2014

Oracle’s latest-generation NAS storage system, Oracle ZFS Storage ZS4-4, enables customers to significantly accelerate application performance and dramatically improve operational efficiencies. Co-engineered with Oracle Database 12c, Oracle ZFS Storage ZS4-4 is the industry’s only storage system with analytics for pluggable databases. It doubles previous generation performance to enable faster time to actionable intelligence and smarter, more competitive business decisions. Oracle ZFS Storage ZS4-4 also provides high-level protection against security breaches with its fine-grained, simple, cost-efficient encryption capabilities.

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GroupM Circuit Colombo explores next generation digital media opportunities
06-December-2014

With a rapidly increasing Internet penetration, currently at 22%, Sri Lanka’s digital media industry is ripe with opportunity. Addressing the market developments, global digital expert and leading media innovator GroupM hosted ‘GroupM Circuit Colombo 2014,’ on 4 December at Park Street Mews. GroupM Circuit explored the future of digital marketing featuring speakers from digital powerhouses Google, Facebook, Xaxis and GroupM amongst an engaged audience of approximately 200 top corporates.

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Lubricant leader Chevron’s new Lankan plant goes live
04-December-2014

Sri Lanka’s largest lubricant player, Chevron Lubricants Lanka PLC kicked off operations of its new state of the art blending plant at Lindel Industrial Estate, Sapugaskanda in the presence of Colleen Cervantes (President of Chevron Lubricants) on 04 December.

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Avian Corporate Partner Awards 2014
04-December-2014

“If you believe in yourself and have dedication and pride - and never quit, you'll be a winner. The price of victory is high but so are the rewards.”-Paul Bryant, Victory and success comes with dedication, fortitude and firm resolute on targets in a highly competitive corporate world. Then, the celebration should also be be-fitting with such a magnanimous success. It is in this light that Avian Corporate Partner Awards 2014 was held in a gala event at Waters Edge in Battaramulla.

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Leading Brands Partner with FH Studio for ‘Concept 2015’ to support ‘My Friend’
04-December-2014

The FH Studio recently partnered with an array of leading Sri Lankan fashion brands, to take exclusive menswear to new heights at the second edition of the ‘Concept’ show.  The glamorous Envoy ‘Concept 2015’ show took place at Waters Edge on 22 November 2014 and showcased an exclusive range of menswear created to transform the man of yesterday into the man of tomorrow.

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CIC Selects MTI’s 8S® for Strategic Planning
04-December-2014

CIC Holdings has selected MTI Consulting’s 8S® Strategic Planning Solution to facilitate the strategic planning exercises of its seven business units. In accordance to a pivotal re-structuring initiative completed during its previous financial year, CIC will focus on its seven key business domains, specifically Healthcare, Agro Chemicals, Industrial Chemicals, Fertilizer, Farms, Rice and Seeds.

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CA Sri Lanka Business School awards 112 Masters Degrees and Postgraduate Diplomas at 2014 Convocation
04-December-2014

A total of 112 students of the Business School of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) were awarded with Master’s Degrees and Postgraduate Diplomas at the 2014 Business School Convocation. A total of 70 students who have successfully completed the Master of Business Administration (MBA) and the Master of Project Management (MPM) of the University of Southern Queensland, Australia, were conferred with Masters Degrees, while 42 students were awarded the Postgraduate Diploma in Business and Finance.

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Land Rover Partners with Quintessentially Lifestyle
04-December-2014

Land Rover, the iconic British motoring brand recently partnered with Quintessentially Lifestyle, an equally renowned British members' club. Quintessentially Lifestyle, is now the world’s leading luxury lifestyle group, offering an award winning global concierge service and lifestyle management assistance. Through Quintessentially Lifestyle, Land Rover customers will be provided with the best lifestyle and travel experiences through a bouquet of exclusively designed services.

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Tiesh Makes an Impression at the CFW Design Trunk Show
04-December-2014

Tiesh, an up-and-coming jewellery brand in Sri Lanka showcased an exquisite range of elegant jewellery at the recent Colombo Fashion Week (CFW) Design Trunk Show.  The show took place at the Galle Face Hotel in Colombo and was an exclusive evening filled with glamour, pizazz and fabulous designs.

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Considering Moving Back to Sri Lanka?
04-December-2014

WorkInSriLanka (WISL), a volunteer run brain-gain initiative will hold its annual conference with the theme 'New Era, New Opportunities' on December 23, 2014 at the Taj Samudra Hotel, Colombo. The conference will feature eminent speakers from top corporate entities and the public sector.

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Sri Lanka’s no 1 Digital Marketing Boot Camp this week
04-December-2014

Digital Marketing is the way forward for businesses to thrive in the global market be it small business enterprises or large corporates. Customers of today expect instant information and prefer social media sites and forums to get information regarding products and services. Digital Marketing taps into this modern trend by promoting businesses and services via digital means such as the internet, mobile phones and social media sites. To learn, understand and use digital marketing is the best tool for a marketer nowadays.

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BRIDGES TO THE FUTURE: GIZ Vocational Training Project expands to the East with Swiss Assistance
04-December-2014

Economic growth requires stable environments, efficient institutions, functioning markets and access to sustainable financial services but most of all it is well-trained people who are at the centre of all economic progress. This reflects the activities of the Vocational Training in the North of Sri Lanka (VTN) Project, which has been in the news lately as a key stakeholder in shaping the Vocational Training sector in the country. Historically, Germany is famous for its contribution to the development of this sector and last year celebrated 50 years of collaboration in supporting vocational training programs in the island.

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‘GroupM Circuit Colombo 2014’ to pave the way for the newest phase in media
03-December-2014

Global digital expert and leading media innovator GroupM on Tuesday announced ‘GroupM Circuit Colombo 2014,’ which will take place in Colombo on 4 December, featuring an impressive line-up of speakers and a comprehensive program. GroupM Circuit will be a platform to discuss the future of digital marketing featuring speakers from digital powerhouses Google, Facebook, Xaxis and GroupM. The event will be held at Park Street Mews and will be attended by heads of organisations and heads of marketing of top corporates.

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Commercial Bank adjudged Sri Lanka’s ‘Bank of the Year’ in 2014
03-December-2014

As its financial year draws to a close, the Commercial Bank of Ceylon has achieved yet another milestone, being declared Sri Lanka’s ‘Bank of the Year’ by the respected UK-based ‘The Banker’ Magazine. This is the ninth Bank of the Year award presented to Commercial Bank by ‘The Banker’ – the magazine that is also responsible for the annual ranking of the Top 1000 Banks of the World. The Bank of the Year award also referred to as a ‘Bracken’ is considered the ‘Oscar’ of the international banking industry, and is decided on performance across diverse key indicators.

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JAFFNA FOOTBALL TRAINING FACILITY A TESTAMENT TO NATIONAL RECONCILIATION
02-December-2014

Sri Lanka’s first-ever purpose built football training facility was declared open in Ariyalai, Jaffna today, 2nd December, by visiting FIFA President, Joseph S. Blatter, The Hon. Minister of Sports, Mahindananda Aluthgamage, Ambassador of the Federal Republic of Germany to Sri Lanka, Dr. Jürgen Morhard, President of the FFSL, Ranjith Rodrigo, and several Member Association Presidents from Japan, Korea, Thailand, Pakistan, Bangladesh, UAE and Saudi Arabia, along with other top FIFA and AFC officials who graced the occasion.

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Sports 1st Mobitel Platinum Awards 2014 concludes with resounding success
02-December-2014

The National Mobile Service Provider Mobitel together with Sports 1st facilitated the prestigious Sports 1st Mobitel Platinum Awards 2014 a few days ago, to give recognition for the sporting achievements of hundreds of sportsmen and sportswomen in a wide range of sports categories from across the country for the first time, going down in history as the ultimate and only awards to give recognition to sports in Sri Lanka.

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ZILLIONe Joins Hands with Godrej InfoTech to launch Microsoft Dynamics AX
02-December-2014

ZILLIONe, one of Sri Lanka’s pioneer business solution providers, announced the commencement of their partnership with Godrej InfoTech today. With the combination of ZILLIONe’s dominance in the Sri Lankan Market & Godrej’s expertise, the Sri Lankan business will be benefited with the ZILLIONe’s offering of Microsoft Dynamics AX in the future.

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SINGER and SONY partnership announced at new launch
02-December-2014

Singer (Sri Lanka) PLC, the country’s leading brand in consumer durables recently launched for the first time, the entire range of consumer and electronic products of Japanese electronics giant Sony, in Sri Lanka. Through the partnership, Singer Sri Lanka will handle across its exclusive retail network, the product distribution, sales and marketing activities of Sony’s consumer and electronic product range including Bravia televisions, Cyber-shot and digital cameras, Walkman audio products, the Xperia range of mobile phones and tablet devices.

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The CSE launches a new generation CDS and Inaugurates the Bell Ringing Ceremony on the trading floor to formally declare open trading
02-December-2014

The Colombo Stock Exchange (CSE) launched a state-of-the-art new generation Depository System for its fully owned subsidiary, the Central Depository Systems (Pvt.) Ltd (CDS) and an upgrade to the Automated Trading System (ATS). The significant event that took place today was the inauguration of the Bell Ringing Ceremony, from the purpose built platform on the trading floor, at the CSE’s World Trade Center offices to open the day’s trading. This tradition is followed by many stock exchanges globally.

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Regus collaborative workspaces to mitigate information privacy risks
02-December-2014

Office employees across the globe are increasingly working from remote locations. Studies have shown that the advent of high speed Internet together with various types of portable devices such as laptops, tablets and smartphones, means that employees need not work in their offices in order to conduct their business meetings and do their office work.

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First Ever Northern Bridal Show, A Resounding Success
02-December-2014

More than 200 beauticians from Jaffna, Mannar, Vavuniya, Kilinochchi and Mullaitivu participated in the first ever northern bridal show in Vavuniya on November 29, 2014. The show was supported under an initiative, funded by the United States Agency for International Development (USAID) and implemented by the Nucleus Foundation that develops micro-enterprises.

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Commercial Bank, adjudged Runner-Up at Best Corporate Citizen awards
02-December-2014

The Commercial Bank’s status as one of Sri Lanka’s leading corporate citizens was emphatically reaffirmed this week when the Ceylon Chamber of Commerce presented the country’s largest private bank with the Runner-Up award at the 2014 Best Corporate Citizen Sustainability Awards, along with seven more accolades.

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SLASSPA  HOLDS ANNUAL GENERAL MEETING
01-December-2014

The 10th Annual General Meeting of SLASSPA under the theme “ THINKING BEYOND BORDERS” was held on 30th November 2014 at the Hilton, Colombo under the patronage of Mrs.Damayanthi Jayaratne, Competent Authority – Civil Security and Additional Secretary, Ministry of Defence and Urban Development.

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Sunshine Holdings picks up Silver at CA Sri Lanka’s Annual Report Awards
19-December-2014

Sunshine Holdings PLC won Silver at the Annual Report Awards competition organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently. Winning under the Diversified Holdings (upto 5 subsidiaries), this is the conglomerate’s second award for its annual financial reporting, winning bronze last year under the same category. “We like to keep things simple. Our Annual Report, this year too, follows the same principle. It is important that we present our information simplistically, making it easy to understand. Couple this with the standard terms of disclosure, good governance, and the standards set out by CA Sri Lanka – and you have a winning combination,” said W.D.P.L. Vithanage, Group CFO, Sunshine Holdings PLC.

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Ceylinco Life the fastest to achieve a Life Fund of Rs 60 Billion
18-December-2014

Sri Lanka’s life insurance leader Ceylinco Life has announced that the company’s Life Fund exceeded Rs 60 billion at the end of November 2014, and is a strong indication of the financial strength of the company. Ceylinco Life is the fastest among local life insurers to achieve a Life Fund of Rs 60 billion, the company said.

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CA Sri Lanka launches Code of Ethics for Professional Accountants 2014
18-December-2014

In its continuing efforts to ensure Chartered Accountants complied with the highest standards of professional ethics, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently launched the 2014 edition of the Code of Ethics for Professional Accountants publication.

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SENOK AUTOMOBILES INTRODUCES THE AUDI A3
17-December-2014

Senok Automobiles Private Ltd, a fully-owned subsidiary of Senok Trade Combine Ltd., introduces the New Audi A3 to local motor enthusiasts at the Hilton Colombo Residencies. The Audi A3, the premium compact bestseller from the brand with the four rings, is the 2014 World Car of the Year. This is the second overall title for Audi in the ten year history of the World Car of the Year Awards as the Audi A6 won the inaugural overall title in 2005.

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It’s a Nutty, Minty Christmas at The Coffee Bean and Tea Leaf
16-December-2014

The Coffee Bean and Tea Leaf, Sri Lanka’s premier specialty coffee shop and lifestyle brand, has launched their new range of Christmas products and gifts, including a special range of drinks, cakes, cookies, macaroons, and gingerbread men, and the annual tradition of a Xmas coffee bean mug.

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The Emirates Group’s 4th Environmental Report
16-December-2014

The Emirates Group has published its fourth annual Environmental Report which measures and tracks the Group’s environmental performance, as well as identifies examples of best practice across the 75,000 strong workforce.

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Lucas Battery Premium Service Centre now open
16-December-2014

Top conglomerate, Brown & Company PLC opened its newest Lucas Battery Premium Service Centre today. Located down Kynsey Road, this centre will be a one-stop-shop for all automotive battery service requirements and auto-electrical diagnostic needs.

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Logiwiz Promotes Logistics Education in Sri Lanka
16-December-2014

Logiwiz Limited supported the call for logistics sector training and education, partnering with the Institute of Supply and Materials Management [ISMM], for their 2014 conference held under the theme ‘Driving Economic Growth through Competitive Supply Chains’. Partnering with ISMM for the second consecutive year, Logiwiz joined this year’s conference as the preferred 3PL Sponsor. The conference focused on areas such as logistics excellence, the future of good procurement practices and conquering global markets through flawless supply chain execution. By partnering with educational institutes such as the ISMM, Logiwiz aims to promote logistics education and advance the knowledge on Supply Chain Management in Sri Lanka.

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Municipality Solid Waste to Energy - green solution in Sri Lanka enters final stage
16-December-2014

The Municipal Solid Waste to Energy pilot project in Sri Lanka inaugurated its construction for the 3rd and final stage of the three phase plan at Kaburupitiya – Matara recently. The inauguration was held for the technological part for the 3rd phase of the project  under the patronage of Chairman CEA Mr. D. W. Prathapasinghe with Mr. Michael Quyn and  Mr. Amindra Wimalasena - Chairman and Managing Director of Biogreencycle (Pvt) Ltd.

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SriLankan Aviation College opens its doors to future aviation professionals
16-December-2014

SriLankan Airlines, the national carrier of Sri Lanka, launched its newest aviation integrated training institution, SriLankan Aviation College last Friday, opening up a world of opportunities for the aspirant youth to take their first step towards an exciting career in aviation. With over three decades of experience in training aviation professionals to fulfil the Airline’s manpower needs, SriLankan Aviation College, brings together the Airline’s much acclaimed training centres; SriLankan Technical Training and International Aviation Academy.

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Momentum – Asia’s largest synchronized professional forum to be held for the first time in Sri Lanka
16-December-2014

Organized by ‘Professionals for a Stable Sri Lanka’; Momentum, Asia’s largest synchronized professional forum will be held on Wednesday 17th December, 2014. To be held simultaneously at four locations – Cinnamon Grand, Cinnamon Lakeside, Hotel Galadari and JAIC Hilton Colombo Residencies – the forum will feature top professionals in business and social sectors, sharing their insight on the significance of stability on the business and economic landscape of Sri Lanka.

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Excel World hosts Snow World 2014 for 12th year running
13-December-2014

Excel World will once again host the popular Snow World 2014 commencing on Friday, 5th December running upto the 4th of January 2015. Snow World will be open from 6pm – 10pm daily. On its 12th year, Snow World, like every year comes complete with a host of exciting prizes and surprises for children and adults as well.

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External Sector Performance – October 2014
12-December-2014

Sri Lanka’s external  sector  made  satisfactory  progress during  the  period  from January to October 2014, with continued foreign currency inflows in the form of earnings from exports, workers’ remittances and tourism as well as inflows to the financial account. The external sector is expected to improve further during the remaining period of 2014 with inflows to the current and financial accounts of the Balance of Payments (BOP). Tourist earnings are expected to increase with the commencement of the peak tourist season in November and workers’ remittances are expected to rise during the festive season.

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Mobitel expands its state-of-the-art ‘Customer Experience Center’ to Jaffna
12-December-2014

Mobitel, today relocated its Jaffna branch on Kankasanthurai Road to an all new state- of-the-art ‘Customer Experience Center’ at the Rubarn Complex. The flagship store will be fully equipped to cater a myriad of services such as the latest 3G, 4G and LTE technology. This will give opportunity for the Northern region customersto experience the newest smartphones, tabs and data devices and to enjoy many services designed to serve the most enjoyable ICT experience.

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Triad - Emagewise clients sweep Annual Report Awards
12-December-2014

The Emagewise portfolio of clients performed exceptionally well at the 50th Annual Report Awards, claiming 14 gold awards, including the coveted Gold Award for overall excellence in Annual Financial Reporting for John Keells Holdinsg PLC and the Overall Bronze for Sampath Bank PLC. The awards, organised by CA Sri Lanka at the Nelum Pokuna Theatre, saw Emagewise clients also walk away with 10 Silver Awards, 8 Bronze awards and 15 certificates of compliance.

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Samsung Opens First-Ever Customer Service Plaza in Colombo
12-December-2014

Samsung Electronics, Sri Lanka’s leading electronics company, today announced the launch of its first-ever Customer Service Plaza at No. 515, Darley Road, Colombo 10. The new service centre is a revolutionary concept that aims to deliver the best in class after-sales service exclusively for Samsung customers.  The plaza’s opening ceremony was attended by H.K. Chang, Managing Director, Samsung Electronics India - Sri Lanka Branch Office and the senior management of Singhagiri.

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MasterCard Appoints R. B. Santosh Kumar to the Role of Country Manager, Sri Lanka and Maldives
11-December-2014

MasterCard announced the appointment of R. B. Santosh Kumar to the role of country manager, Sri Lanka and Maldives. Marking 25 years of bringing world-class secure payment solutions to the market, MasterCard has also announced plans to launch a local representative office in Colombo early next year.

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Commercial Bank’s Annual Report Best among private banks in South Asia
11-December-2014

The 2013 Annual Report of the Commercial Bank of Ceylon PLC has won two key awards at the Best Presented Annual Report Awards presented by the South Asian Federation of Accountants (SAFA), reaffirming the high quality of the Bank’s financial reporting standards.

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Mahapola Lotto sponsors PABALA MELA
11-December-2014

Mahapola Lotto has signed on as the main sponsor of the second annual PABALA MELA,  a five-day musical showcase and carnival to be held from December 19 onwards at the Public Grounds in Hikkaduwa. Featuring nationally popular musical guests such as Flash Back and Purple Range, amongst many others, as well as regional and defence forces stars and carnival rides, games, dance acts and demonstrations by the Sri Lanka Light Infantry Regiment.

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Arpico Supercentre unveils dazzling seasonal transformation
11-December-2014

Christmas shopping is set to scale new heights this year as Arpico Supercentre unveils a spectacular seasonal makeover at its flagship store at Hyde Park Corner, projected by the retail giant as “Where Christmas Begins.” A 20-foot Christmas tree with decorative gift boxes stacked below and lit gift boxes at the entrance provide an inkling to shoppers of the dynamic shopping experience that awaits them in this sprawling complex this festive season.

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Virtusa’s Employee Engagement Practices Lauded at SHRM India HR Awards
11-December-2014

Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, was awarded special recognition in the “Excellence in Human Resource – South Asia (Excluding India) & Middle East” category at the Society for Human Resource Management (SHRM) India HR awards.

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Emirates Unveils US$500m Long-term Investment to Provide the Best Wines Onboard
11-December-2014

On any given day, over 60 different wines, champagnes and ports, sourced from the best vineyards in 11 countries, are served onboard Emirates to passengers in all classes. Representing a long-term investment of over US$500 million to date, Emirates’ wine programme is a critical component of its inflight dining experience. As with every aspect of its service, wine selection and planning is undertaken with meticulous care.

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Mobitel, Exclusive Mobile Communications Partner for Papal Visit to Sri Lanka
11-December-2014

Mobitel today announced that the Catholic Church of Sri Lanka has chosen the National Mobile Service Provider as the Exclusive Mobile Communications Partner for the forthcoming Papal visit scheduled for next month. His Holiness Pope Francis is expected to arrive in Sri Lanka on the 13th of January 2015. During his 3 day visit (13th – 15th January 2015), his holiness will celebrate  a mass for the Catholic’s of Sri Lanka at Galle Face Green, where thousands of faithful devotees are expected to participate and witness the canonization of the Apostle of Sri Lanka, Blessed Joseph Vaz.

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Findmyfare.com Launches Promotion with Visa to Take E-Commerce to Greater Heights
10-December-2014

Sri Lanka’s largest online travel company, findmyfare.com today announced a promotion with Visa, the leading global payments technology company which connects consumers, businesses, financial institutions, and governments in more than 200 countries around the world. The tie-up is part of findmyfare.com and Visa’s effort to provide customers with a convenient, fast, secure and simple payment option that encourages customers to embrace the cost effectiveness and convenience of online shopping.

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Fashion Bug brings the coolest deals this festive season
09-December-2014

Fashion Bug, one of Sri Lanka’s leading retail fashion stores with over 17 outlets island-wide, brings some of the coolest deals for the entire family to indulge themselves in this festive season. Rolling out its theme for this year ‘You better watch out’, shoppers can enjoy offers, deals and discounts of up to 20% on their favorite selections of both vintage and contemporary styles.

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The First Ferry completes high-end projects at Burj Khalifa and Redknee JLT Dubai
09-December-2014

The First Ferry, a Dubai based international boutique design office with offices in London, Singapore, Hong Kong and India was recently awarded the design for apartment 5509 which is owned by a young and dynamic couple. The First Ferry also effectively completed the Offices of Redknee in JLT, Dubai.

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Kumar de Silva’s Etiquette Training gains popularity among corporates
09-December-2014

Veteran media and public relations consultant Kumar de Silva’s newest venture – Corporate Etiquette Training – has proved to be a great success among a large number of corporates ever since his recent entry into this challenging arena.

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BLINK INTERNATIONAL TO INTRODUCE AFFORDABLE DESIGNER WATCHES
08-December-2014

Blink International a subsidiary of Rainco, was formed in 2013 by a group of ardent watch enthusiasts who had identified a gap in the local mid range (sub $1,500) watch segment. Rainco, a leading brand for rainwear in South Asia with a presence in India, Maldives and Sri Lanka, has once gain displayed their innovation and forward thinking by catering to a much needed segment with the establishment of Blink International.

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Toyota Lanka sharpens employee competence with Skill Contest 2014
08-December-2014

Toyota Lanka (Private) Limited, the authorized distributor of Toyota & Hino vehicle sales and after sales services in Sri Lanka, successfully completed the Toyota Lanka Skill Contest 2014, organized annually  as a global initiative by Toyota Motor Corporation (TMC), Japan. The Toyota Lanka Skill Contest 2014 was held at the Toyota Lanka head office premises in Wattala recently, under the theme “Empowering the people element”. Toyota Lanka Managing Director Mr. Shungo Yoshioka, Chief Operating Officer Mr. Manohara Athukorala, senior management, employees, customers and delegates from leading automobile institutes were present to witness the event.

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Tilan Wijeyesekera, ‘Marketing Professional of the Year’ at Global Marketing Excellence Awards
06-December-2014

Past President of the Sri Lanka Institute of Marketing (SLIM) the National Body of Marketing in Sri Lanka and Deputy General Manager responsible for Liability Product Management, Digital Alternative Channels, Housing Loan Product Management and Marketing at  Seylan Bank, Tilan Wijeyesekera was recently awarded top honours at the prestigious Global Marketing Excellence Awards 2014 when he was bestowed with the award for ‘Marketing Professional of the Year’ one of the most prestigious awards of the event.

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President Mahinda Rajapaksa Chief Guest at CA Sri Lanka Annual Report Awards Golden Jubilee
06-December-2014

President Mahinda Rajapaksa will grace the golden jubilee of the prestigious Annual Report Awards Competition as the chief guest on Tuesday, 09th December 2014 at the Nulum Pokuna. Minister of Co-Operatives and Internal Trade, Johnston Fernando will be the guest of honour.

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Mihin Lanka Celebrates First Year of Operations in the Seychelles with an Awards Night for Travel Agents
06-December-2014

Mihin Lanka, Sri Lanka's national low-cost carrier, recently celebrated its first year of operations in the Seychelles by hosting an awards night and cocktail event for all key agents.  At the event, agents were recognized for their performance and support which contributed to Mihin Lanka’s success in the Seychelles.

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HERO RIDES WITH TIGER
04-December-2014

Hero MotoCorp Ltd (HMCL), the world’s largest manufacturer of two-wheelers, today announced 14-time major champion Tiger Woods as its Global Corporate Partner. Woods joins the New Delhi (India)-headquartered Hero – a keen promoter of various disciplines of sports for over two decades now – at a time when the company is aggressively expanding its global footprint.

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SLSI and GIZ SME Development Programme empower SMEs at "Quality 2014"
04-December-2014

Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) SME Development Programme together with Sri Lanka Standards Institute (SLSI), Sri Lanka Food Processors’ Association (SLFPA) and Ceylon Chamber of Commerce (CCC) will be jointly hosting the SME Pavilion at BMICH Hall C from 3-7 December 2014. Background is the 50th Anniversary of SLSI.

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FIFA Head Blatter in Sri Lanka accompanied by  star studded delegation from FIFA & AFC
04-December-2014

Joseph "Sepp" Blatter, the Swiss football administrator who serves as the eighth and current President of FIFA (Fédération Internationale de Football Association), arrived in Sri Lanka on 1 December by private jet, accompanied by a high level entourage which included President of the Asian Football Confederation [ AFC ] Shaikh Salman bin Ebrahim Al Khalifa, and several other MA Presidents from Japan, Korea, Thailand, Pakistan, Bangladesh, UAE & Saudi Arabia, along with top FIFA & AFC officials.

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Spa Ceylon Strengthens International Market Presence
04-December-2014

Spa Ceylon, Sri Lanka’s premier spa and lifestyle brand is now expanding its operations to reach new international markets around the world. By the end of December 2014, Spa Ceylon will offer its range of products and services in over 25 branded stores in 10 countries around the world. A total of 18 boutiques, along with seven combined boutiques and spas will be operational in Europe, the Indian subcontinent and South-East Asia.

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Amãna Takaful Introduces First-Ever ‘13 Months Cover Drive’ Promotion in Sri Lanka
04-December-2014

Amãna Takaful, the only fully-fledged Takaful operator in the country and the flag bearer of the Takaful way of insurance in Sri Lanka, recently introduced yet another industry-first with its ‘13 Months Cover Drive’ promotion.  This special promotion enables customers to enjoy 13 months of Amãna Takaful’s ‘Total Drive’ motor insurance cover, for the price of a 12 month cover, offering an additional month of insurance at no extra cost.

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CDB Awards 58 New scholarships through Sisu Diri Season 7
04-December-2014

Citizens Development Business Finance (CDB) awarded scholarships to 58 deserving children at the 7th consecutive Sisu Diri scholarship programme held recently at the Tower Hall Theatre. Chief Guest at the ceremony was filmmaker and teledrama director Kalasoori Sathischandra Edirisinghe while CDB Chairman Herschel Gunawardena attended the event as the Guest of Honour. A host of other invitees including parents, Directors and senior management of CDB attended the presentation ceremony.

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Asian Paints offers kids a chance to ‘go back to school in style’
04-December-2014

Thousands of children can start the new school year with a must-have accessory - a school bag autographed by Sri Lanka’s cricketing icon Kumar Sangakkara, thanks to an exciting promotion launched by Asian Paints, one of the top five decorative paints companies in the world.

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Back to the future: the second coming of overclocking
03-December-2014

Tall gas cylinders stand like sentinels behind anxious devotees who tend to motherboards riven by wires. Fluorescent tubes protrude from the machines, seeming to feed their depths with elaborate drips of sickly neon. Liquid nitrogen spills into makeshift sinks crowded with whirring components, coolly billowing fog over the benches.

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Disrupt Unlimited partners Microsoft to help start-ups
03-December-2014

Disrupt Unlimited, the Brandix led start-up seed accelerator, has entered into a partnership with Microsoft to support innovators in its incubator programme with the technical resources and networking offered by the latter’s BizSpark initiative. Microsoft BizSpark is a global programme that helps software start-ups succeed by giving them access to Microsoft software development tools, connecting them with key industry players including investors, and providing marketing visibility to help entrepreneurs starting a business.

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DHL, UNDP Prepare Airport Staff for Disaster Relief Logistics
02-December-2014

Deutsche Post DHL, the world’s leading mail and logistics services group and the United Nations Development Programme (UNDP) in partnership with the Ministry of Disaster Management and Ministry of Civil Aviation, today kicked off a disaster preparedness initiative ‘Get Airports Ready for Disaster’ (GARD) workshop in Colombo. The four-day workshop will be held from 2 to 5 December 2014, and will provide training to 34 Bandaranaike International Airport (BIA) personnel to effectively deliver and support vital relief operations in the aftermath of a natural disaster.

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Acer unveils the 2-in-1 Aspire Switch10: Notebook and Tablet in one flexible device
02-December-2014

Acer unveils its 2-in-1 Acer Aspire Switch 10 that’s a notebook and tablet combined in one flexible device with four modes for touch, typing, viewing, and sharing at any time. The smart device is meant for all ages and purposes from kids to busy businessmen. The Acer Aspire Switch 10 is the ideal companion that helps users stay a touch more connected wherever they go.

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First of Emirates’ 7 additional flights arrives in Malé to traditional welcome
02-December-2014

The Maldives has welcomed the first of seven additional weekly flights to be operated to this picturesque archipelago by Emirates, the global catalyst of trade, business and leisure. A water cannon salute greeted Emirates flight EK 656 as it taxied towards the terminal at Ibrahim Nasir International Airport, Hulhulé, shortly before disembarking passengers were treated to refreshing king coconut, drunk traditional style from the fruit.

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IFS partners with University of Moratuwa to spark innovation and entrepreneurship
02-December-2014

Leading global software development company, IFS announced its partnership with the University of Moratuwa to establish an IFS Endowed Chair for Innovation and Entrepreneurship at the University of Moratuwa, at a press briefing held in Colombo. An agreement establishing this was signed between IFS and the University of Moratuwa in the presence of dignitaries and members of the media.

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CA Sri Lanka’s 50th Annual Report Awards Competition records highest number of registrations this year
02-December-2014

The prestigious Annual Report Awards Competition which celebrates its golden jubilee, has created history this year after recording the highest number of registrations during its half a century long existence. A total of 130 organisations including leading blue chip companies, conglomerates to small time community groups are vying for the coveted awards this year which promotes transparency and corporate governance.

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Nestlé Professional and Singer Sri Lanka in collaboration for enhanced Nescafé Alegria distribution
02-December-2014

Nestlé Professional, the ‘out-of-home’ food and beverage solutions provider of Nestlé Lanka and market leaders in Sri Lanka, partnered with Singer Sri Lanka to enhance the retail distribution for its premium coffee solution, Nescafé Alegria. The partnership was officiated by the handing over of the first Nescafé Alegria machine to Mr. Mahesh Wijewardena, Director Marketing and Commercial of Singer Sri Lanka, by Mr. Jagath Wedage, Assistant Vice President of Nestlé Professional.

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Alpha to launch ‘Swap and Save Promotion’ for second consecutive year
02-December-2014

Alpha Industries, one of the leading furniture manufacturers in Sri Lanka, is bringing back the ‘Alpha Swap and Save' promotion, giving their valued customers the opportunity to upgrade their homes with brand new furniture. The ‘Alpha Swap and Save' promotion encourages existing Alpha customers to bring in any type of furniture in any condition and be entitled to discounts up to 20% when purchasing brand new items of Alpha home furniture.

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Ceylinco Life protects students of Ecole Internationale Kandy with unique policy
01-December-2014

Ceylinco Life, the country’s leading life insurer, has partnered with Ecole Internationale to develop an insurance policy that will enable the school’s students to continue their education in the event of the premature death or disablement of their parents. The unique group life policy covers all students receiving their education at Ecole Internationale, and is offered at no cost to the parents, the company said.

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