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Minister of Economic Development Basil Rajpaksa declared open the newly built Green Paradise Agro Eco Hotel in Dambulla on 29 April. Total investment for Green Paradise Agro Eco Hotel is Rs. 1,200 million. The Green Paradise Resort is located in Dambulla, in the central province of Sri Lanka. Nestled in the jungles of the cultural triangle, the re...
- Four Amaya Resorts and Spas properties win Trip Advisor Certificate of Excellence (Category: Business)
- Moors Youth Society celebrates Avurudu (Category: Business)
- A passion for painting (Category: Business)
- Lying in the lap of luxury – the Corporate Lounge (Category: Business)
By Cheranka Mendis Postgraduate Institute of Management Alumni (PIMA) Platinum Honours 2011 held on Friday recognised the contributions of Ramal Jasinghe, Anura Siriwardene and Dr. L.J.A. Peiris for their outstanding performance in their respective careers. Jasinnghe is the Director/CEO of Asian Alliance Insurance, and Peiris is the Managing Director of Royal Fernwood Porcelain whilst Siriwardene ...
- Platinum Sale (Category: Business)
- Oracle redefines IT support with Platinum Services (Category: Business)
- PIMA Platinum Honours 2011 (Category: Business)
- SriLankan Airlines Platinum American Express Card offers reduced redemption rates (Category: Business)
By EMMA STONEY New York Times: WELLINGTON — When you think of Sri Lanka, rugby is not generally something that springs readily to mind. The island nation is certainly better known for cricket, tea exports and its recently ended civil war. But Sri Lanka’s British colonial forefathers left behind more than cricket as a sporting ...
- Greening builds Sri Lankan legacy (Category: Business)
- SLRFU gets tough! (Category: Business)
- Lanka, Philippines set up showdown for promotion to HSBC A5N Top 5 (Category: Business)
- A Passion For Rugby In An Unexpected Place (Category: Breaking News)
By Marianne David HSBC and the British Council launched ‘HSBC Youth Enterprise Awards 2012’ yesterday, a business plan contest aimed at recognising young entrepreneurs in Sri Lanka. Open to Sri Lankan undergraduates, postgraduates and students aged 16 to 26 representing universities, private higher education institutions, technical and vocational institutions and professional training ...
- HSBC and British Council recognise talented young entrepreneurs (Category: Business)
- British Council and HSBC to assist Sri Lankan students (Category: Breaking News)
- Rio de Janeiro to host 2013 Global Entrepreneurship Congress (Category: Business)
Less than a year after starting up on its own, the company prepares to replicate its Indian success in Sri LankaJubilant FoodWorks, the master franchisee of Dominos Pizza for South Asia, last year set up its own subsidiary company in Sri Lanka, moving away from the franchisee partnership which held the fort for the Group ...
- Domino’s Pizza, opens in Colombo (Category: Business)
- India’s Jubilant Foodworks to expand overseas (Category: Business)
- Aviraté dresses up for aggressive expansion (Category: Business)
- Lenovo experiencing ‘tremendous growth’ in SL under ‘Smarter Tech for All’ vision (Category: Breaking News)
HNB Pathum Vimana, the biggest deposit draw in Sri Lanka, has rewarded countless Sri Lankans with amazing prizes over the last twenty years. The lucky winners of the Pathum Vimana 2011 draw received their prizes at a ceremony organized by Hatton National Bank. The prize presentation for the winners was held at HNB Towers on ...
- HNB donates school books in Nochchiyagama in conjunction with Deyata Kirula 2012 (Category: Business)
- HNB promotes Pathum Vimana 2012 (Category: Business)
- Independence Day launch for HNB Pathum Vimana 2012 (Category: Business)
- HNB launches Pathum Vimana 2012 on Independence Day (Category: Business)
Wins four coveted metalsLeo Burnett Solutions Inc., the Sri Lankan office of the globally recognised network dominated the Goa Fest advertising award festival by winning four coveted metals in a cross section of categories, for its clients Cargills Ceylon, Akzo Nobel – Dulux and the Sri Lanka Eye Donation Society (SLEDS) last weekend in Goa. ...
- Sri Lanka’s first Spikes Asia metal won by Leo Burnett (Category: Business)
- Leo Burnett celebrates 13 years of reaching for the stars (Category: Business)
- Leo Burnett celebrates exceptional year in 2011 (Category: Business)
- Leo Burnett wins again at Adfest 2012 (Category: Business)
Emirates customers travelling to the United States will soon enjoy seamless connections to a dozen U.S. cities, after the airline announced the start of a one-way codeshare with JetBlue. The codeshare will further strengthen the relationship between Emirates and JetBlue. The two airlines have been interline partners since 2010, enabling customers to enjoy the convenience ...
- Emirates to fly A380 twice a day to New York JFK (Category: Business)
- Emirates to fly A380 twice a day to JFK (Category: Travel)
- LIVE: Fighter Jets Escort UAE Flight To JFK (Category: USA, Georgia)
- Emirates to Fly A380 Twice Daily to JFK (Category: Breaking News)
HSBC Signature cardholders, an exclusive circle of customers, have been offered a 10 per cent discount on Emirates First and Business Class travel from Colombo to ten popular destinations. The exciting promotion valid from 1 April to 30 June is applicable for both return and one-way tickets purchased on-line via www.emirates.com/lk from 1 April to ...
- Emirates Announces Special Fares (Category: Breaking News)
- Class above the rest HSBC Visa Signature debuts in Sri Lanka (Category: Business)
- Blockbuster holidays with HSBC this season (Category: Business)
- JWT partners HSBC win at Asian Banking and Finance Retail Banking Awards 2012 (Category: Business)
Emmanuel Ray, winner of Fashions Finest’s Fashion Icon of the Year award (2011), has been asked to officially open Gibraltar Fashion Week commencing 19 April 2012. Emmanuel will meet with fashion designers, press and a selection of important members of the Gibraltarian government. Reene Weston, designer and organiser had the following to say about why she chose ...
- Fashion icon last year! (Category: Business)
- ‘The Fashion Circle.com’ launched in Sri Lanka (Category: Business)
- Darshi to showcase at Russia Fashion Week (Category: Business)
Takes delivery of first aircraft with new premium economy product and long haul economy class seats Cathay Pacific Airways has taken delivery of a new Boeing 777-300ER that is the first aircraft to feature its Premium Economy Class product and new long-haul Economy Class seats. At the same time, the airline also received its fifth ...
- Lufthansa receives first Boeing 747-8 (Category: Business)
- Spotlight turns to output as Boeing wins show (Category: Business)
- Cathay Pacific orders 12 new Boeing (Category: Business)
- Air India takes delivery of its first Boeing 787 Dreamliner (Category: Business)
Last Sunday when the unknown Ajinkya Rahane scored 103 runs off just 60 balls at the M. Chinnaswamy Stadium in Bangalore, which helped the Rajasthan Royals to score a massive 195 runs at IPL season five, my mind went to just one ethos the IPL is all about – highlighting performance. It is how IPL ...
- Developing cutting-edge brand strategies (Category: Business)
- The ‘real’ problem with brand Sri Lanka (Category: Business)
- HR and London Olympics (Category: Business)
- Nation branding: A holistic perspective (Category: Business)
PYONGYANG,(Reuters) : North Korea’s new leader delivered his first major public speech on Sunday as the impoverished state celebrated the centenary of its founder’s birth, calling for a push to “final victory” despite a failed rocket launch two days earlier. A jowly Kim Jong-un, clad in black and the third of his line to rule ...
- North Korea says fuel being injected into rocket (Category: Business)
- North Korea confirms mystery woman is leader’s wife (Category: Business)
- Kim to reform North Korean economy after purge: source (Category: Business)
- North Korea’s Kim Jong Un threatens to build more nuclear weapons (Category: USA, New York)
With ending of the Maha season paddy harvesting, newspapers and TV have been highlighting problems encountered by farmers in disposing of their harvest. Due excellent weather, free from drought, flood and disease, farmers have received a bumper crop but the problem is to convert the harvest into cash, in order to settle debts incurred in ...
- ‘Fodder’ for thought (Category: Breaking News)
- Govt. all hat no cattle (Category: Breaking News)
- The drought, Mahaveli waters and the farmer (Category: Business)
- Drought and lessons learned (Category: Business)
THE Sri Lankan office of the global advertising agency Leo Burnett has once again made history with its award winning short film, “Pass it on when you’re done with it“ making it into the prestigious Gunn “Showreel of the year” Report. The commercial has made an appearance in the “Top 100 Creative Ideas of 2011” ...
- Leo Burnett celebrates 77+ years with ‘An Inspiring Day, Beautifully Crafted’ (Category: Business)
- Leo Burnett celebrates 13 years of reaching for the stars (Category: Business)
- Leo Burnett welcomes Bertrand Siguier, Executive VP of Publicis Groupe (Category: Business)
- Sri Lanka’s first Spikes Asia metal won by Leo Burnett (Category: Business)
Reuters: U.S. employers hired far fewer workers in March than in previous months, keeping the door open for the Federal Reserve to provide more monetary support for a still sluggish economy. The report was seized upon by Republicans hoping to make the weak economy the centerpiece of their campaign for November’s presidential and congressional elections. ...
- U.S. jobless rate drops to 2-1/2 year low (Category: Business)
- US economic fix could take years: Obama (Category: Business)
- US employment rate improves a bit (Category: Business)
- Asian shares fall on sluggish US jobs, focus on more data (Category: Business)
In Sri Lanka, a joyous festive celebration is not complete without a loud blast of firecrackers. The auspicious times celebrated during Sinhala and Tamil New Year are traditionally marked by ear-splitting sounds that reverberate across the length and breadth of the country. How did firecrackers and fireworks become popular? How did it all start? ...
- Aviva NDB promotes firecracker safety through dance (Category: Business)
- HEALTH AUTHORITIES WARN – BE CAREFUL IN USING CRACKERS (Category: Breaking News)
- Hayleys Consumer’s ‘Light-Styles’ glow at architectural lighting showroom (Category: Business)
- DIMO organises seminar and workshop on ‘Lighting the Future’ (Category: Business)
News Butterfly, the unique TV programme from the US’ FOX news network, is now filming in Colombo for an exclusive segment on Sri Lanka’s new upswing. News Butterfly Market Place (NBMP) is described as a ‘unique women’s movement on TV’. According to NBMP, ‘the programme is a TV Channel venture for beautiful and talented women ...
- First-ever global logistics expo makes good ground for business networking (Category: Breaking News)
- Indian business supports Sri Lanka Expo 2012 (Category: Breaking News)
- Ind-Expo seminar on ‘New Food Hygiene Regulations’ (Category: Business)
- Over 55 tour agents, 50 international journalists for Expo 2012 (Category: Business)
nAward-winning carrier spends Rs. 200 m on plush dedicated facility for First and Business Class passengers and Skywards Gold members Emirates has opened its own dedicated passenger lounge at the Bandaranaike International Airport, Katunayake (BIA), becoming the first international airline to invest in such a facility at the BIA. Completed at a cost of Rs. ...
- Emirates Lounge at BIA accorded high-profile opening (Category: Business)
- Emirates invests Rs. 200 m for dedicated lounge at BIA (Category: Business)
- Emirates Opens First WC Lounge (Category: Breaking News)
- Sri Lanka Attracts High-end Tourists (Category: Business)
The challenges Sri Lanka has to face in its march towards development are manifold. Although the war has ended the wrong political ideologies, the proposals and timetables it created are still in operation. By Government Information Department Additional Director General Chandrapala Liyanage Similarly, various social activity groups and individuals and organisations operating under the advice ...
- President’s leadership led to great achievements in ICT: Weeratunga (Category: Business)
- Building resilience in Asia Pacific’s digital society (Category: Business)
- Namal on dynasties and democracies (Category: Business)
- EDB turns 33 (Category: Business)
The appointment of tycoon Harry Jayawardena’s daughter to the Board of Hatton National Bank (HNB) on Friday has brought with it several interesting developments. Harry J resigned from the HNB Board in December 2011 after being on it for over 20 years. Harry-controlled companies own 18.3% voting shares and 15% of total capital. A nominee ...
- Top engineer Rohan appointed to HNB Board (Category: Business)
- Harry’s daughter, Rusi Captain among new faces on HNB Board (Category: Business)
- Harry’s 23-year stint on HNB Board ends (Category: Business)
- Amitha to be appointed MD of Harry’s Melstacorp (Category: Business)
Seylan Bank has already awarded a total of 7890 winners in its blockbuster ‘Thagi Pita Thagi’ draw since its grand launch in October last year. Hailing from different parts of Sri Lanka, the lucky customers have won from an array of prizes such as monthly Rs. 1 million, motor bikes, LCD TVs, refrigerators, home entertainment ...
- Winners galore in Seylan Bank’s ‘Thagi Pita Thagi’ draw (Category: Business)
- Seylan Bangkok tour winners set to take off (Category: Business)
- HNB Pathum Vimana 2011 prize winners get their rewards (Category: Business)
- Union Bank Save and Win promotion produces 100 lucky winners (Category: Business)
Reuters: Federal Reserve policymakers on Monday signaled little appetite for further monetary steps to stimulate U.S. growth in an economy that is gradually strengthening. “With my current outlook, I think our policy stance is still the one best suited to foster steady gains in output and employment and to maintain stable prices,” Cleveland Fed President ...
- Twisted (Category: Business)
- Low Rates (Category: Business)
- Liquidity Trap (Category: Business)
- Dollar Gambit (Category: Business)
The Platinum Honours is an annual event that is held by the Alumni of the Postgraduate Institute of Management (PIM) in order to recognise the PIM graduates who perform exceptionally well in their careers. This is a prestigious recognition that motivates graduates to continue with significant growth and performance. This year’s ceremony will be held ...
- PIMA Honours Prof. Uditha Liyanage (Category: Breaking News)
- PIMA Platinum Honours 2011 (Category: Business)
- Rajudin appointed as Arpico Finance MD (Category: Business)
- Dr. Kalam to address PIMA, CIMA forum on Sunday (Category: Business)
Mohamed Reyaz Mihular took the helm of KPMG Sri Lanka with effect from 1 April 2012 with his appointment as the Managing Partner and Country Head of the Firm. Reyaz has been with KPMG Sri Lanka for over 30 years and during this time his contribution, both to the firm and the field of accountancy, ...
- KPMG Global Chief meets CB Governor (Category: Business)
- Lacuna in tax laws as IFRS adoption looms (Category: Business)
- KPMG trends 115 (Category: Business)
- KPMG MESA Partners’ Conference in Colombo (Category: Business)
We do not inherit the earth from our ancestors; we borrow it from our children, as the Native American proverb goes. It is with this philosophy in mind that Jetwing Hotels will be participating in the Earth Hour campaign on 31 March. Jetwing will be the first Sri Lankan hotel chain to do so and ...
- Jetwing walks away with armful of medals at ‘Culinary Art 2011’ (Category: Business)
- 50,000 and rising as Jetwing Hotels reaches fan milestone (Category: Business)
- Jetwing Hotels and Earth Hour 2012 (Category: Business)
HSBC has partnered the Export Development Board (EDB) to be the Principal Sponsor – Banking Sector of the Sri Lanka Expo 2012, which began yesterday at the BMICH. It is on until Saturday from 10.a.m. to 8.p.m. The premier international trade fair aptly themed ‘Partnering with the Hub of Asia’ is expected to attract over ...
- All set for new chapter in exports as Expo 2012 opens today at Bmich (Category: Business)
- Sri Lanka asks exporters to push product quality (Category: Business)
- Over 55 tour agents, 50 international journalists for Expo 2012 (Category: Business)
- ‘Expo 2012’ promoted in Dubai (Category: Business)
With the recent relaxing of the rupee exchange rate and subsequent increase in fuel prices, trade unions and the opposition parties are conducting protest campaigns against the Government, demanding a reduction in oil prices and the cost of living. This article investigates the living conditions of citizens in the recent past and present, quality and ...
- Treasury Secy. showcases recent economic success and future outlook (Category: Business)
- The Economic Impact of Exchange Controls (Category: Business)
- Living with debts (Category: Business)
- Strategies on reducing or getting out of foreign debt (Category: Business)
Sri Lanka Expo 2012 will kick off from 28 to 31 March at Sirimavo Bandaranayke Memorial Exhibition Centre of BMICH, under the theme ‘Partnering with the Hub of Asia.’ This event will be organised by the Export Development Board. Having foreseen the importance of Expo 2012 to promote Sri Lanka as a destination, Sri Lanka ...
- Indian business supports Sri Lanka Expo 2012 (Category: Breaking News)
- ‘Expo 2012’ promoted in Dubai (Category: Business)
- Sri Lanka Expo 2012 to be held from March 28-30 in Colombo (Category: Breaking News)
- Expo 2012: A huge success for Sri Lanka Tourism (Category: Business)
Titan Fleet Management, France a specialist yacht management company places confidence in Colombo for their repair requirements on super luxury yacht Lauren L. This seven star category 90 meter long yacht called in for repairs on 1 February. The luxury yacht called in for her 10 year class survey repairs coupled with hull surface preparation ...
- Dockyard completes Norwegian BOS Angler’s dry-dock repair (Category: Business)
- Quick job for UK owned container carrier’s Kota Halus repairs at Dockyard (Category: Business)
- MV Brilliant dry docking repairs completed in Colombo (Category: Business)
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