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Sri Lankan shares recover from over 8-mth low; political woes weigh
31-March-2015 Reuters

Sri Lankan shares rose on Tuesday, recovering from a more than eight-month closing low hit in the previous session and snapping a six-session losing streak, due to window dressing ahead of the quarter-end, though political uncertainty weighed on sentiment, brokers said. The main stock index ended 0.56 percent, or 37.91 points, firmer at 6,820.34, after closing at its lowest level since July 24 on Monday. It lost 7.31 percent in the 21 sessions through Monday.

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Dynasty Residence setting the standard for American investment
31-March-2015

Acting U.S. Ambassador to Sri Lanka Andrew C. Mann extended his enthusiastic support to Kandy’s first mixed development project – Dynasty Residence - led by prominent Sri Lankan - American entrepreneur Mahasen Samaravijaya during a recent visit to the construction site.

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Cloud Boom Empowers Business, Creates New Career Opportunities
31-March-2015

After more than a decade of rapid growth in the major economies across Asia Pacific, in parallel with massive investments in IT and mobile infrastructure, people in the region are really benefitting from advances in business productivity and enhanced communications.

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Masters of Creativity Programme Launches at Cannes Lions
31-March-2015

Cannes Lions has launched a new training programme that will help talent working in the creative communications industry make the transition into senior management. Masters of Creativity will offer a five day professional qualification and will be led by eight world-class ‘masters’ including David Droga, PJ Pereria and Mark Tutssel. Delegates enrolled on the programme will work on a real brief from Mondelēz International to reinvigorate their Bubblicious gum brand.

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‘Avurudu’ discounts at 47 retailers for Commercial Bank cardholders
31-March-2015

Credit and Debit Card holders of Commercial Bank of Ceylon have once again been presented with an opportunity to save as they shop this Avurudu season, as a result of special discounts negotiated for them by Sri Lanka’s largest private bank.

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IS COLOMBO THE NEXT SILICON VALLEY?
31-March-2015

From an ancient port city to a lively investment hotspot, the city of Colombo has come a long way to become the next big technology hub of South Asia. Due to considerable economic growth and an improved distribution of wealth, the consumption of high-end technological products and services have risen substantially over the past few years.

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Sri Lankan shares fall for 6th session on margin calls, political woes
30-March-2015 Reuters

Sri Lankan shares fell for a sixth straight session on Monday and closed at their lowest in more than eight months as mostly retail investors sold their stocks to settle margin trading, while political worries also weighed on sentiment. The main stock index ended down 1.33 percent, or 91.09 points, at 6,782.43, its lowest close since July 24 and moving away from a key psychological support level of 6,800. It has lost 7.31 percent in the past 21 sessions.

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Rediscover Yourself with Basicare Beauty Tools and Accessories
30-March-2015

Shoppers at many of Colombo's most prominent malls will be familiar with Basicare, reputed for their collection of high quality beauty tools and accessories for face, body and hair care. Basicare’s primary focus has been to never compromise on quality while maintaining international standards and affordability.

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Alpha Industries holds annual dealer convention
30-March-2015

Alpha Industries, one of the leading security solution (physical storage) providers and furniture manufacturers in Sri Lanka, held their annual dealer convention recently. A total of 40 Alpha dealers who serve Alpha customers across the island took part in this event, together with the company’s management, sales and marketing team and other departments.

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Gemmological Institute of America conducts skills development seminar for Wellawatte Nithyakalyani
30-March-2015

A skills building seminar conducted by Gemmological Institute of America (GIA) on retail sales techniques for Wellawatte Nithyakalyani Jewellery staff was organized by its management recently at the company auditorium recently. More than 40 staff members of Wellawatte Nithyakalyani Jewellery were able to discuss and share knowledge on significant topics in the gem and jewellery industry.

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Ceylinco Life Market Leader for 11th year with income of Rs 18.54 billion
30-March-2015

Ceylinco Life has reported total income of Rs 18.54 billion for the 12 months ending 31st December 2014 with premium income of Rs 12 billion, emphatically retaining its position as the country’s largest life insurer for the 11th consecutive year. Gross written premium income recorded an increase of 7.9 per cent over the previous year, while investment income improved by 1.78 pre cent in the review period to Rs 6.83 billion, the company said in a filing with the Colombo Stock Exchange.

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The tourist beach town that banned kissing in public
30-March-2015

Salvador do Mundo, a village which is north of the capital in traveller beach mecca Goa on the west coast of India, passed a resolution and posted signs warning visitors against kissing in public. The signs also forbid drinking alcohol, smoking, and loud music.

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Sri Lankan shares fall for 5th session on margin calls, political woes
27-March-2015 Reuters

Sri Lankan shares fell for a fifth straight session on Friday and closed at their lowest in nearly eight months as investors sold their stocks to settle margin trading ahead of quarter-end, while political worries also weighed on sentiment. The main stock index ended 0.71 percent, or 49.31 points, weaker at 6,873.52, its lowest close since Aug. 6 and further moving away from the key psychological support level of 7,000. It has lost 6.07 percent in the past 20 sessions.

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Asian Alliance Insurance provides Protection to Kilinochchi
27-March-2015

The newest addition to the Regional Distribution Network of Asian Alliance Insurance PLC was ceremoniously opened at A9 Road, Kadirapokku Junction, Kilinochchi recently. The newest branch in Kilinochchi is geared to extend its highest standard of professionalism to the community in this area.

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Korea Air Awards For Excellent Travel Agent 2015
27-March-2015

Korean Air had their annual awards ceremony for 2014 at Jaic Hilton Colombo on 04th Mar 2015.

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Sri Lankan shares fall for 4th session on margin calls, political woes
26-March-2015 Reuters

Sri Lankan shares fell for a fourth straight session on Thursday and closed at their lowest in more than seven months as investors sold stakes to settle margin trading ahead of quarter-end, while political uncertainty also weighed on sentiment. The main stock index ended 0.72 percent, or 50.20 points, weaker at 6,922.83, its lowest close since Aug. 8 and further moving away from the key psychological support level of 7,000. It has lost 5.39 percent in the past 19 sessions.

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Emirates Announces a New Daily Service to Orlando
26-March-2015

Emirates, a global connector of people, places and economies has announced it is commencing a daily service to Orlando, Florida from 1st September 2015. The route will be served by a US-built Boeing 777-200LR with eight First Class suites, 42 Business Class lie-flat beds and 216 Economy Class seats.

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Cannes Lions Names Judges for 2015
26-March-2015

Cannes Lions has today announced members of the 16 juries of the 2015 Festival of Creativity. 309 senior industry professionals from 44 countries have been named. This is the most diverse line-up in the history of the Festival and includes the first judges from The Czech Republic, Ecuador and Indonesia - testament to an ever-increasing diversity of countries now winning Lions.

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Oracle Plans to Significantly Expand Sales Teams Across Asia Pacific
26-March-2015

Oracle has announced significant recruitment plans that will add 1,000 new employees to its sales force across Asia Pacific (APAC). The expansion will help equip Oracle to drive growth and support demand for Oracle Cloud solutions across the region. As the only vendor who delivers complete SaaS, PaaS, and IaaS capabilities, Oracle is The Cloud Company. Each year, Oracle invests $5 billion in research and development to help ensure the company’s products are the most innovative in the industry.

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Sri Lankan shares close at over 7-mth low on margin calls, political woes
25-March-2015 Reuters

Sri Lankan shares fell for a third straight session on Wednesday to a more than seven-month low as investors offloaded their holdings to settle margin trading while political uncertainty also weighed on sentiment. The main stock index ended 0.36 percent, or 24.90 points, weaker at 6,973.03, its lowest close since Aug. 15 and further moving away from the key psychological support level of 7,000. It had lost 4.71 percent in the past 18 sessions.

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Lanka commences GSP + process with EU
25-March-2015

As bilateral trade between EU and Sri Lanka edged to $5Bn mark, Sri Lanka has commenced its talks on the recovery of the GSP Plus from EU on 24 March in Colombo, strengthened by previous positive vibes from EU-and 24 March talks were so comprehensive, it involved even technical trade capacity support to Sri Lanka from the EU.

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Dress your best this Avurudu with Hameedia
25-March-2015

Continuously setting the benchmark in the fashion industry, Hameedia, Sri Lanka’s leading menswear specialist recently launched a special Avurudu promotion to celebrate the Sinhala and Tamil New Year (Avurudu). The offer will enable customers to dress their best for the upcoming New Year, and will be valid until 19 April 2015, at all Hameedia outlets island-wide.

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Ceyoka’s needle-free injections set to revolutionise vaccinations in Sri Lanka
25-March-2015

Ceyoka Health, a subsidiary of Ceyoka (Pvt) Ltd, an arm of diversified conglomerate Nawaloka Holdings has for the first time introduced advanced needle-free technology in Sri Lanka, revolutionising the future of vaccinations. Needles have been the accepted standard for injections. However, for patients especially children the fear of needles is very real, associated with pain and discomfort resulting in declining routine vaccinations.

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Softlogic Finance rights oversubscribed with strong investor interest
25-March-2015

In a resounding endorsement of Softlogic Finance PLC and its business strategy, the recent Rights Issue of the Company was over-subscribed by over 150% with the new equity infusion of Rs 401 million, boosting the Total Equity position of the Company to Rs 1.9 billion.

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Tiesh launches its exquisite new showroom in Colombo
25-March-2015

Tiesh, one of Sri Lanka’s leading contemporary jewellers, recently launched its exquisite new showroom in Colombo. The showroom was launched under the theme of ‘Inspired Elegance’ with a glamorous and exclusive cocktail event. Located at No. 253, R. A. De Mel Mawatha Colombo 03, Tiesh’s new showroom is one of the best in the country and features an array of glittering gems and beautifully crafted jewellery collections.

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Huawei Appoints David Sun as President and CEO of the Southeast Asia Region
25-March-2015

Huawei, a global leader in information and communication technology (ICT) solutions, today announced the appointment of David Sun as president and chief executive officer of the Southeast Asia Region. David will oversee the company’s operations and be responsible for business development of the carrier, enterprise and consumer business groups across the region including Sri Lanka.

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Emirates Opens a Dedicated Lounge at Los Angeles International Airport
25-March-2015

Emirates, a global connector of people and places, today celebrated the opening of its 37th dedicated lounge for First Class and Business Class customers as well as Platinum and Gold members of Emirates Skywards, the airline’s frequent flyer program, at Los Angeles International Airport.

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Commercial Bank promotes e -remittances in Northern Region
25-March-2015

Commercial Bank recently concluded a successful week-long campaign in the Northern region to educate the public about the superior products and services offered by the Bank for remittances, and to raise awareness about the dangers of using illegal methods to receive money from overseas.

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Classic Travel powers school children to become Environment Pioneers
31-March-2015

Executing the Company’s wish to promote environmental conservation practices, Classic Travel stepped forward to fund a fully-fledged ‘green project’ in Sri Sudarshanarama Junior School, Batapotha. Implemented in collaboration with the Central Environmental Authority, the project covers a wide array of activities to protect the environment within the school and to guide the students to become ‘Environmental pioneers’.

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Inflation declined further in March 2015
31-March-2015

Inflation, as measured by the change in the Colombo Consumers’ Price Index (CCPI) (2006/07=100), which is computed by the Department of Census and Statistics, decreased to 0.1 per cent on an year-on-year basis in March 2015, from 0.6 per cent recorded in February 2015. Annual average inflation also declined from 2.9 per cent in February 2015 to 2.5 per cent in March 2015.

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COCA-COLA CELEBRATES WORLD WATER DAY AND ITS COMMITMENT TO WATER STEWARDSHIP IN SRI LANKA
31-March-2015

Coca-Cola Beverages Sri Lanka continues to spearhead water stewardship throughout the country, through an array of projects and activities that provide communities with access to water – the world’s most precious natural resource. At a global level, the Coca-Cola Company is striving to become water neutral by 2020, by safely returning to communities and nature, the same amount of water that is used in Coca-Cola’s beverages and production processes. The Company recognizes that water is essential to the health of communities and their prosperity and has embarked on a variety of initiatives in Sri Lanka and around the world, to bring clean water to communities and increase public awareness about the importance of conserving water.

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Credence and Ceylinco team up to provide 99.7 % accurate cancer diagnosis
31-March-2015

Credence and Ceylinco Healthcare, both leaders in cancer diagnostics and prevention, have collaborated to provide state of the art prevention and screening services using pioneering products designed and developed by Credence Genomics, Sri Lanka’s first and only pioneering next generation sequencing facility. Ceylinco Healthcare service has been providing patient management and services for the last 15 years along with specialization in oncology and treatment. The center provides radiation treatment, chemotherapy, radioactive iodine treatment regimens, along with post treatment, follow-up and patient care.

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Odel welcomes summer with rhapsodic tribute to ‘Flower Power’ era
30-March-2015

As Sri Lanka’s fashionistas switch their allegiance to the trends of the new summer season, Odel, the country’s leading fashion retailer, is paying tribute to the era of Flower Power with its latest fashion-forward theme change across the iconic store network. ‘Bohemian Rhapsody’ – the evocative theme chosen by Odel for summer 2015 is inspired by the boho, chic leitmotif of the Mara Hoffman Resort Swim 2015 Collection that sees life in glorious Technicolor.

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VIPs Guests Join Oman Air’s Inaugural Flight To Singapore
30-March-2015

VIP guests joined Oman Air’s inaugural flight from Muscat to Singapore on 29th March 2014. The new route has been designed to meet strong demand for services between the two countries, and offers daily flights aboard Oman Air’s award-winning fleet of Airbus A330s. His Highness Sayyid Taimur bin Asad Al Said, a member of the Royal Family of Oman, joined the flight as Oman Air’s Chief Guest. He was welcomed by Oman Air’s Chief Executive Officer and a team of senior airline managers. Media representatives and other stakeholders were also welcomed aboard the aircraft.

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Bogawantalawa Tea Estates focuses on the wellbeing of its employees’ children
30-March-2015

As part of its continuing commitment to enhance the quality of life of its employees attached to the estates, Bogawantalawa Tea Estates PLC intensified its water access project to reach 500 families in 2014.

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Elephant House Cream Soda, the people’s beverage of choice for nine years in a row
30-March-2015

Achieving an unprecedented feat, Elephant House Cream Soda was recently recognised as the “People's Beverage Brand of the Year" at the 2015 Sri Lanka Institute of Marketing (SLIM) Nielsen People’s Awards, for the ninth year in a row.

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Embark celebrates Easter with kids, dogs and bunny fun
30-March-2015

 

Bunnies, doggies and children came together for a great cause at a fun-filled event by Embark to celebrate Easter while spreading its message of love and compassion. Children enjoyed the many Easter activities that were part of ‘Niko’s Easter Party’ at the ‘Araliya’ Car Park of Crescat Boulevard, where the proceedings culminated with several puppies finding loving homes, one of the principal objectives of Embark.

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Intel introduces Intel Compute Stick in Sri Lanka
30-March-2015

 

The Intel® Compute Stick, a new pocket-sized computer delivering an entry compute experience by plugging directly into the HDMI input of TVs and monitors, was introduced at a media briefing. Compute Stick will be available for local users soon and will be based on the Intel® Atom® quad-core processor, code-named “Bay Trail” (Z3735F). One will include 32GB storage, 2GB memory and pre-installed Windows* 8.1 with Bing. The other will include 8GB storage, 1GB memory and a pre-installed Linux* distribution.

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China offers Sri Lanka olive branch and warnings
27-March-2015 AFP

President Xi Jinping worked to mend relations with Sri Lanka on Thursday as Chinese state-run media warned the island nation's new government against shutting off billions in investments from Beijing. Sri Lankan President Maithripala Sirisena is on his first state visit to Beijing since taking office in January and is working to renegotiate more than $5.3 billion-worth of Chinese deals signed by his predecessor.

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Unawatuna Beach: Has The Nation Got It Back?
27-March-2015

18th March 2015, a truly momentous day in the history of Unawatuna.  After a year of preparation, the Coastal Conservation Department, true to their word, have started pumping sand onto the eroded eastern and middle section of Unawatuna Beach.

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Dress to Impress this Wedding Season with Hameedia
27-March-2015

Continuously setting the benchmark in the fashion industry,Hameedia, Sri Lanka’s leading menswear specialist recently launched its latest wedding range for grooms who are planning to tie the knot during the forthcoming wedding season. The new range of wedding collections will be available at all Hameedia outlets along with a series of special offers and discounts. Hameedia has also introduced three special wedding packages that will cover a groom’s entire wedding retinue as well as two best men.

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Sri Lanka promises port project to resume after problems "sorted" - China
26-March-2015 Reuters

China said on Thursday that Sri Lanka's visiting president had promised work would resume on a controversial Chinese-backed port development in Colombo that his administration had earlier suspended. Citing a lack of government approvals, Sri Lanka halted the $1.4 billion port city project, straining ties with its biggest investor. China defends the project, saying it is in line with local laws and any cancellation would deter foreign investors. Sri Lankan President Maithripala Sirisena told Chinese President Xi Jinping that work would resume after problems are "sorted out", a Chinese Foreign Ministry official told reporters on the sidelines of visit.

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Samsung unveils GALAXY S6 and GALAXY S6 edge, the world’s most advanced smartphones in Sri Lanka
26-March-2015

 

Samsung Electronics Co. Ltd. unveiled its most-awaited smartphones – GALAXY S6 and GALAXY S6 edge – in Sri Lanka. Beautifully crafted from metal and glass and with first-of-its-kind technology, the Samsung GALAXY S6 and GALAXY S6 edge define the future of mobility. The launch of new phones offers Sri Lankan consumers the ultimate smartphone experience with a new standard to drive the global mobile agenda, with cutting-edge design, a robust partner network and novel services.

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Leo Burnett Asia Pacific Named Network of the Year at ADFEST 2015
26-March-2015

Leo Burnett Asia Pacific has been named the winner of the “Network of the Year” award at ADFEST 2015, Asia Pacific’s leading advertising festival. The annual event, which concluded in Pattaya on Saturday evening, saw the attendance of 1,110 delegates from 53 cities and drew the participation of 3,295 entries across 18 awards categories. In total, work from 11 offices from Leo Burnett –including Sydney, Hong Kong, Melbourne, Jakarta, Colombo, Bangkok, Dubai, Beirut, Kuala Lumpur, Tokyo and Taipei- were recognised at the awards show and contributed to Leo Burnett’s overall score for the Network of the Year accolade.

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Commander Anthony Pearse sets anchor at The Galle Face Hotel
26-March-2015

Celebrating the hotel’s history of warmly receiving memorable people, The Galle Face Hotel recently welcomed Commander Anthony Pearse as he sailed his way back to Sri Lanka after 72 years. His last visit to the Galle Face Hotel was in 1943.

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CDB’s HR vision delivers Silver award at HR Awards 2014
26-March-2015

Citizens Development Business Finance (CDB) was recognized as an Overall Silver award winner at the recent 2014 HRM Awards, held by the Association of Human Resource Professionals in conjunction with SHRM. CDB boasts a legacy of 20 years and continues to be a dynamic leader, powered by an energized team. With a reputation for its innovative product portfolio and financial services, CDB has been consistently recognized and rewarded with numerous awards by professional bodies, as a multifaceted employer with a reputation for its Human Resources practices.

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With Rs. 500 Million in funding and 15 businesses up and running, Venture Engine returns for fourth installation
25-March-2015

 

Blue Ocean Ventures and the Indian Angel Network announced the launch of Venture Engine 2015 at an event held at the OZO Colombo. Since its inception in 2012, Venture Engine has been helping entrepreneurs to take their businesses to the next level and has proven to be both an invaluable resource for mentoring as well as a platform for the growth and expansion of start up and early stage businesses.

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BBDO Lanka, Sri Lanka’s first carbon neutral ad agency, now tells its own tree story
25-March-2015

BBDO Lanka launched its ‘Force for Good’ initiative in February 2012 by becoming the first advertising agency in South Asia to be certified ‘carbon neutral’. This was followed by the launch of Asia’s first mechanical air purifying billboard in May of the same year.

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Mobitel together with John Keells PLC introduces ‘mAuction’
25-March-2015

Mobitel Business Solutions, a division of Mobitel Pvt Ltd together with John Keells PLC (the produce broking arm of the John Keells Group) launched ‘mAuction’, a superior suite of solutions for the Colombo Tea Auction connecting tea brokers and buyers on a single platform through a live feed for the first time in the history of the 130 year old Colombo Tea Auction.

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McLarens Lubricants with “Mobil” Powers Dilantha Malagamuwa’s Silver Jubilee
25-March-2015

Sri Lanka's foremost Motor Racer of international fame, Dilantha Malagamuwa,  celebrated the silver jubilee of his illustrious racing career at a glitzy ceremony recently.  Dilantha is ready to take the Sri Lankan pride into the international sports arena once again, with a number of international racing events coming his way within the next 12 months.

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The Fashion Design Council of Sri Lanka officially launches to represent designers in Sri Lanka
25-March-2015

After three years of work in progress, the Fashion Design Council of Sri Lanka (FDCSL) was officially launched on 24 March 2015. Prior to the launch of the FDCSL, council members studied the strategies and structures of other fashion councils around the world, in order to formulate an effective model. Over the last ten years, the fashion industry in Sri Lanka has found a direction and a voice and it is evolving and thriving. This new focus has helped local designers to build many fashion labels which have grown in popularity in both Sri Lanka and the international fashion arena.

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IIHE ties up with the University of Salford Manchester (UK) to offer honours undergrad programmes
25-March-2015

The Imperial Institute of Higher Education (IIHE) today announced its partnership with the University of Salford Manchester (UK) to offer its Honours degree programmes in Sri Lanka. The Imperial Institute of Higher Education will now be able to offer degrees such as BSc (Hons) in Business Management, BSc (Hons) in Business and Information Technology, BSc (Hons) in Accounting and Finance, BSc (Hons) in Business and Tourism Management. These programmes will be offered as internal university degrees with recognition worldwide.

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Artisans of spices Ma’s launches new culinary adventure studio
25-March-2015

Ma’s Tropical Food Processing (Pvt) Ltd, a business rooted in shared values - familyfood and community - recently launched their ‘Muluthange Cooking Studio’ focused on creating an extraordinary cooking experience for its customers. The launch event also showcased Ma’sdelicious and extensive ingredient and meal solutionsrange available attheMa’s Gourmet Shop.

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Hameedia takes HSBC Colombo Fashion Week 2015 by storm with its FH Studio collection
25-March-2015

Continuously setting the benchmark in the fashion industry, Hameedia, Sri Lanka’s leading menswear specialist recently took centre stage at the HSBC Colombo Fashion Week (CFW) Spring/Summer 2015 edition with its Envoy by FH Studio collection.

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Hayleys MGT launches the “INNO” range
25-March-2015

Hayleys MGT Knitting Mills, the fabric arm of the diversified blue-chip conglomerate Hayleys Group became the first company in Sri Lanka’s textile industry to launch its own brand, INNO. The brand was launched through its own Innovation Centre, in order to supply new fashion value added and functional fabric requirements to the current market. This will allow Hayleys MGT to differentiate itself and attract key brands to source innovative fabric from Sri Lanka.

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Stay connected on over 100 Emirates aircraft
31-March-2015

Emirates now offers free* Wi-Fi on 106 of its aircraft, with two to three more aircraft being installed with Wi-Fi connectivity every month. After updating the service in early February with a simpler sign-on process on top of other software updates, Emirates has seen a further 25% increase in uptake.

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Arpico unveils ‘Avurudu Siritha’ for 2015
31-March-2015

As the country prepares for the Sinhala and Tamil New Year, the Arpico retail chain has made arrangements to provide its customers with a different experience this festive season. Customers will witness Arpico’s flagship Supercentres transformed for the festive season with specific symbols such as the sun, the koel and betel leaves along with Avurudu huts with sweetmeats and essentials like clay pots. Seasonal activities such as preparations of kawum and playing of the rabana will also be on display.

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FOR 52 YEARS MASTERS ADVERTISING HAS MADE IT ALL ABOUT YOU!
31-March-2015

A testimony of perseverance, Masters Advertising has withstood the test of time; rendering unequivocal creative ideas for over half a century. Having entered advertising in a time of undiscovered possibilities masters has successfully harnessed each and every avenue of advertising for 52 years while delivering successful campaigns to meet the needs of every client; creating success for brands and products.

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“eMarketingEye, specialist in providing online marketing solutions for hotels and travel companies around the world”
31-March-2015
Rajitha Dahanayake– CEO of eMarketingEye

eMarketingEye (www.emarketingeye.com), the award-winning Sri Lankan online marketing agency and a pioneer in the industry, celebrated its 8th anniversary recently. Established in 2007, eMarketingEye is a pioneer in the online marketing industry in Sri Lanka and has grown to be one of the best in the Asian region over the past eight years, having gained international recognition for its expertise in providing online marketing solutions to the travel and hospitality industry. eMarketingEye works with over 400 hotels around the world over 70 hotels in Sri Lanka.

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The Eden Resort & Spa awarded TripAdvisor’s Travellers’ Choice for 2015
31-March-2015

The Eden Resort & Spa was named as one of TripAdvisor’s Travellers’ Choice Hotels for 2015, amongst 25 listed in Sri Lanka alone. This award, now puts The Eden on the map, amongst 8,151 hotels, B&Bs and inns around the world, which received the prestigious Travellers’ Choice award this year. Winners were determined based on millions of reviews and opinions collected in a single year from TripAdvisor travellers worldwide.

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South Asia Textiles to sponsor ‘Governor’s Cup’
30-March-2015

With Sri Lanka's elite eager to gather at next month's "Governor's Cup" horse racing derby, the island's own "Royal Ascot", with all the pomp and pageantry it entails, textile industry leader South Asia Textiles Industries (Lanka) Private Limited is proud to come forward and do its part in continuing this long-standing tradition of equine showmanship and excellence.

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Janashakthi's Motor Insurance Sets Industry Benchmark: Dayalanie Abeygunawardena
30-March-2015

Falling fuel prices led to a significant increase in vehicle registrations in January, with 4,928 units being registered up from 4,311 in December and 1,958 units a year ago, a report from JB Securities said. In the wake of this surge, purchasing a motor insurance policy tailored to your needs becomes vital. Those looking to purchase a motor insurance policy should always ensure that the vehicle is insured according to the correct prevailing market value, and always remember to ask about policy conditions and benefits, says Chief Operating Officer Janashakthi Insurance Dayalanie Abeygunawardena.

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World Premier for the first Intelligent Watch - the Bulgari Diagono Magnesium
30-March-2015

Bulgari recently launched its first Intelligent Watch, the Bulgari Diagono Magnesium at a world premier held at BaseWorld. The combination of Diagono Magnesium Intelligent watch and the Bulgari Vault app allows users to securely backup your data online using WISeKey CyberSecurity technologies and data storage on Swiss Alps.

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Sunlight Sooriya Yathra Journeys in Search of Pure Hearts
30-March-2015

What shapes a nation and its people? Are the values and virtues that we hold dear still relevant today? Do our children appreciate goodness in the same way as we do? During the joyous months of April and May, communities across the nation will witness the arrival of the Sunlight ‘Sooriya Yathra’ teams travelling in search of those who are pure at heart, to recognise and appreciate them for their goodness.

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Leo Burnett is the most awarded Sri Lankan agency at ADFEST 2015
30-March-2015

Leo Burnett Solutions Inc. (LBSI), the local office of the global advertising network Leo Burnett Worldwide, recently won three silver awards at the prestigious ADFEST 2015 annual advertising festival, which took place in Pattaya, Thailand. Leo Burnett was the most awarded agency from Sri Lanka at ADFEST 2015 and secured one silver Direct Lotus award for which there were 213 entries, and two silver Press Lotus awards for which there were 286 entries.

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Huawei Sri Lanka's number two smartphone brand powers 23rd edition of Fox Hill Supercross
30-March-2015

Huawei, the leading global information and communications technology (ICT) solutions provider and the number two smartphone brand in Sri Lanka came forth as the main sponsor for the premier racing event in Sri Lanka Fox Hill Supercross 2015. In its 23rd edition the Fox Hill Supercross will flag off on the 18th of April 2015. The sponsorship was handed over by Mr. Daniel Sun CEO of Huawei Sri Lanka at a press conference held in Galadari Hotel Colombo. Mr. Henry Liu - Country Head Consumer Business Group (BG) Huawei Device was also present at the event.

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Fitch Affirms HSBC Sri Lanka Branch at 'AAA(lka)'; Outlook Stable
27-March-2015

Fitch Ratings Lanka has affirmed HSBC Sri Lanka Branch's (HSBCSL) National Long-Term Rating at 'AAA(lka)'. The Outlook is Stable.

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President Obama intends to nominate Atul Keshap as Ambassador to Sri Lanka and Maldives
27-March-2015

The United States President Barack Obama Thursday announced his intent to nominate the current Deputy Assistant Secretary of State in the Bureau of South and Central Asian Affairs Atul Keshap for Ambassador to Sri Lanka and the Maldives.

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Fortinet Leverages Spirent Solutions to Validate Best-In-Class Performance of FortiGate-3810D
27-March-2015

Fortinet® (NASDAQ: FTNT) - a global leader in high-performance cyber security solutions, and Spirent Communications plc. (LSE: SPT), a leading provider of testing solutions for networks, devices and services, today announced the results of performance tests conducted on the FortiGate®-3810D, the latest Fortinet firewall appliance designed for large enterprises, Communication Service Providers (CSPs) and data center environments. Consumption of applications and content has dramatically increased the bandwidth demands traversing organizations’ network infrastructure.

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Fitch Withdraws Rating on John Keells Holdings
27-March-2015

Fitch Ratings-Colombo/Sydney-25 March 2015: Fitch Ratings has withdrawn the rating on John Keells Holdings PLC (JKH). Prior to the withdrawal, JKH's National Long-Term Rating was at 'AA+(lka)' with Stable Outlook.

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Fitch Affirms Siyapatha Finance PLC at 'A(lka)'; Outlook Stable
27-March-2015

Fitch Ratings Lanka has affirmed Siyapatha Finance PLC's (SLFL) National Long-Term Rating at 'A(lka)'. The Outlook is Stable. The agency has also affirmed SLFL's outstanding senior unsecured debentures at National Long-Term Rating 'A(lka)' and outstanding subordinated debentures at 'A-(lka)'.

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MasterCard ‘Diners' Delight’ offers a scrumptious spread this Avurudu
26-March-2015

Giving cardholders yet another reason to revel in the Sinhala and Tamil New Year festivities with friends and family, MasterCard brings back its ‘Diners' Delight’ program to Sri Lanka. Offering World, Platinum, and Titanium MasterCard cardholders 15% savings at some of the country’s finest dining establishments till 31st December 2015, MasterCard seeks to keep the spirit of Avurudu alive throughout the year.

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Janashakthi Insurance Hosts Successful Motor Clinic In Jaffna
26-March-2015

Janashakthi Insurance recently held the latest of a series of motor clinics in Jaffna on March 21st and 22nd. Those who participated in the clinic, held at the Jaffna Ground opposite public library, benefited from free vehicle scanning which would ordinarily cost over Rs. 7000.

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SriLankan Cargo facilitates delivery of Chinese aid to the Ministry of Disaster Management
26-March-2015

SriLankan Cargo, the cargo arm of SriLankan Airlines has been instrumental in facilitating a consignment of 168 packages of Chinese aid, to the Ministry of Public Order, Disaster Management & Christian Affairs. The consignment was delivered to disaster management team by officials of SriLankan Cargo recently, by waiving off all terminal handling charges.

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Mihin Lanka to expand operations to Kolkata
26-March-2015

Mihin Lanka, Sri Lanka’s national low-cost carrier will expand its operations to Kolkata, India with effect from 15 June 2015. The strategic expansion of Mihin Lanka’s network is in line with its five-year business plan to expand its route network. The airline introduced an Airbus A319 to its fleet in March 2015, and the new aircraft will service Kolkata and will also support increasing frequencies to some of the airline key routes - Dhaka, Madurai, Lahore, Gaya and Varanasi. Kolkata is the capital of the Indian state of West Bengal and is the commercial, cultural and educational centre of East India.

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Lenovo appoints Cricketer Angelo Mathews as the Brand Ambassador for Sri Lanka
25-March-2015

Lenovo, the world’s largest PC maker and an emerging PC Plus leader,has appointed Sri Lanka’sace cricketer and the current captain of the Sri Lankan cricket team, Angelo Mathews as its official brand ambassador in the country. Angelo is one of the world’s top cricketers.With this development, he will team-up with Lenovo - the world’s no.1 PC player.

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Abans engage mobiOs MMM to kick off Buy 1 and Get 5 free LG smart phone promotion
25-March-2015

While traditional marketing is outside the store targeting consumers to build brand awareness, digital marketing allows marketers to deliver personalized content to shoppers at home, on-the-go and in-store to directly influence their decision making process or deliver a call to action with measurable results.

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Otara Gunewardene continues to support Earth Hour Sri Lanka
25-March-2015

Otara Gunewardene, a renowned Sri Lankan entrepreneur and the Founder of Odel and Embark, pledged her support for Earth Hour Sri Lanka, for the second consecutive year. Otara was nominated as a brand ambassador for Earth Hour in 2014 and since then, she has inspired thousands of Sri Lankans to join the Earth Hour initiative. Each year, Earth Hour engages hundreds of millions of people from all corners of the globe and inspires them to celebrate their commitment to protecting the planet, by switching off their lights for one designated hour. This year, Earth Hour is focusing on inspiring people to use their power, to change climate change.

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M Lotto jackpot enables winner to secure family’s future
25-March-2015

Sri Lankan lotteries innovator Mahapola Lotto has already awarded two Rs. 4 million jackpots in less than a year, with the first awarded in July 2014 and the most recent in February 2015. The Rs. 4 million jackpot was won by Mr. Ruwan Sirimanne from Maharagama, a storekeeper at a private sector company, who played his lucky numbers of 12, 14, 57 and 65. Interestingly, Mr. Sirimanne had played virtually the same numbers the day before since he had a strong feeling that these were destined to win.

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Planters’ Association Chairman says productivity increase imperative for industry’s survival
25-March-2015

Planters’ Association of Ceylon Chairman, Roshan Rajadurai in a media statement, explains the current position on Sri Lankan plantation worker wages, noting that while labour costs in the country are the highest in the sector, especially in tea, productivity is the lowest in the world.

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Sri Lanka’s Largest and Most Focused Construction Related Event
25-March-2015

Construction Expo 2015, Sri Lanka’s most comprehensive exhibition featuring each and every factor related to the construction and building industry is scheduled to be held on 12th, 13th, 14th June 2015 at BMICH. The Ceylon Institute of Builders (CIOB) together with presidential award winner Lanka Exhibitions & Conference Services will be organizing this mega event for the 4th consecutive year. The CIOB fully endorses this event as one of the premier construction and building materials exhibitions to be staged in Sri Lanka.

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Sir Roger Moore Revealed as Young Lions Health Award Judge
25-March-2015

Lions Health has announced that UNICEF Goodwill Ambassador and 007 Actor, Sir Roger Moore, will be joining the dedicated jury of respected industry leaders judging the Young Lions Health Award, an exciting new competition for young creatives and marketers that aims to improve challenges facing health systems in low-income countries. Launched together with UNICEF and Unilever, the Young Lions Health Award calls on the young creative industry to develop a compelling campaign that helps address this challenge. UNICEF will utilise the winning campaign as the basis for engaging the general public to advocate and mobilise support for better, child-focused health systems.

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