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In its latest publication of ‘Sri Lanka’s Leading Brands,’ Brands Finance lists Cinnamon Lakeside Colombo as the ‘Highest Valued Hospitality Brand’ in Sri Lanka. The annual review has been published for eight consecutive years by Brand Finance, a leading independent consultancy founded in the UK. The review assesses the health of leading brands in Sri ...
Warns that countries need tough policy changes to stimulate waning growth By Cheranka Mendis Asia Pacific faces another year of tough policy changes to stimulate growth, with Sri Lanka in particular having to manage monetary policy, control inflation, provide jobs for youth and reduce high inequality, it was revealed in a report released yesterday. The ...
Serendib Flour Mills (Private) Limited (SFML), manufacturers of the high quality ‘7 Star’ brand wheat flour, recently raised Rs. 1.70 billion and US$ 14.50 million (a total amount equivalent to approximately US$ 27 million) to finance its permanent working capital requirements of the company, through a long term syndicated loan facility. NDB Investment Bank Limited ...
By Cassandra Mascarenhas Sri Lanka’s first-ever digital ready and HD ready television station, Hiru FM, will be launched on 23 May at 6.02 a.m., Asia Broadcasting Corporation announced yesterday. It marks the organisation’s foray into Sri Lankan television under its flagship brand Hiru after enjoying much success in the radio industry. Hiru TV will be the ...
Prodigious cricketer, Sri Lanka Cricket Captain Mahela Jayawardena, probably one of the best cricketing brains to be produced by Sri Lanka joined the higher educational expo Future Minds 2012 as its brand ambassador. Starting his career with flying colours as a youngster full of skill and style, Mahela made the best of every opportunity that ...
The three winners of Sri Lanka Science and Engineering Fair (SLSEF) 2011 – Chathura Saman Kumara from Pinnawala Central College, Rambukkana, Maleen Wijeratna from Maliyadeva College, Kurunegala, and a team comprising Pipunika Vimanthi Silva and Nipun Kavishka Silva from De Mazenod College, Kandana – will travel to Pittsburg, PA in the USA to represent Sri ...
Reuters: Sri Lanka’s Securities and Exchange Commission (SEC) wants listed companies to have a free float of at least 10 per cent to increase market liquidity and could make a decision on the matter this month, the Head of the regulator said on Tuesday. Foreign investors have long been reluctant to invest in the country’s ...
As a habit I unwind in the night by watching NDTV mainly due to the powerful ideas that it tells the world; especially the programmes like ‘The Buck Stops Here’ and ‘We The People’ are cutting edge, in my view. Last week there was a breaking news update that cricketing legend Sachin Tendulkar was accepting ...
By Gowribalan “Ana” Vamadeva An American education provides students a well rounded academic preparation with primary focus in their discipline of choice and secondary exposure in many other fields. The General Education Curriculum requirement that every student pursuing a baccalaureate degree is exposed to helps achieve a wealth of knowledge in subjects that they have ...
Jaipur: Star batsman Kevin Pietersen played his last match for Delhi Daredevils this season against the Rajasthan Royals here on Tuesday and will go back home for England’s home series against the West Indies. The second-highest runscorer for the Daredevils and the lone centurion for the side this season, Pietersen has batted like a true ...
Baurs Annual Sales and Distributor Convention 2012 was held recently at the Hilton Residences, recognising and honouring the company’s dedicated sales and marketing force as they celebrated a successful year, marked by increase of overall progress. CEO T.F. Daetwyler and COO L.D. Niyangoda graced the occasion as the Chief Guest and Guest of Honour. In ...
Bartleet Finance Plc has announced the appointment of veteran financier S. Sirikannathan to its board as a Non Executive Director. ‘Sri’ as he is affectionately known, counts over 40 years of audit experience and was the engagement partner in audits of star-class hotels, conglomerates, development organisations, multinational banks, finance companies and several listed companies....
Sri Lanka Women held their nerves to beat West Indies Women by one wicket with two balls to spare. With the win, Sri Lanka have squared the three match ODI series, with a match remaining. Chamani Seneviratna was the star of the match with a quick 36 during the chase, following her two wickets during ...
Olivia Newton-John’s appeal seems to be timeless. With a career spanning more than four decades she is still a vibrant, creative individual that is adored by fans across the world. So is the timeless appeal and passion ascribed with Mercedes-Benz from 1886, when the automobile was invented. Therefore it is fitting that a world class ...
In the past a dreamer was viewed as insane, whereas especially after the world renowned Martin Luther King, Jr. people have realised that it is no longer holds true. Today the ability to win the world lies on the power of dreaming and it is very important that although we may be tempted to deviate from our dream ...
Castrol liquid engineers two wins and eight podiumsSri Lanka’s foremost motor racing team EZY Racing, liquid engineered by Castrol completed yet another dominant racing weekend when their Ace driver Pasindu Pieris in the SLGT up to 3500CC category driving his EZY Mitsubishi ER9 and daredevil Sajaad Zuhair in the SLH 1500CC category in his EZY ...
Vallibel Finance PLC, the rising financial star of the dominant Vallibel group which consists of some of the most successful companies in the county including Royal Ceramics PLC, Hayleys PLC, Delmege Forsyth & Co. etc., recently opened the latest addition to its fast-spreading branch network. Venturing out in to Gampaha, the company continues to forge ...
Sri Lanka and the Philippines set up a showdown for promotion to the HSBC Asian 5 Nations (HSBC A5N) Top 5 competition in 2013 after winning their Round II matches at the HSBC A5N Division I on Wednesday at Rizal Memorial Stadium in Manila. Tournament top seeds Sri Lanka and the Philippines (third seeds) will ...
With the bright prospects for a boom in the tourist industry, Browns Investments Plc has decided to venture into the leisure sector in a big way. The required approvals have been obtained and construction of a 150 room star class hotel will commence shortly. It is planned to increase the number of rooms to 172 ...
KARACHI: Sri Lanka golfer Nadarajah Thangaraja won the 51st National Amateur Golf Championship with a four-stroke victory on the final day as the four-day action culminated at the Royal Palm Golf and Country Club Golf Course in Lahore. Thangaraja, who overcame an ordinary start on the second day, continued his brilliant show to secure a ...
Former England international Phil Greening is tapping into Sri Lanka’s sporting fervour to help advance rugby in the cricket-mad country, writes Ian Gilbert. Sri Lanka’s push towards the higher reaches of world rugby will not be short of ambition, enthusiasm or support. The Asian nation has enlisted the help of former Wasps and England hooker ...
Cinnamon Lakeside Colombo yesterday announced the arrival of a new Front Office Manager, Ronald David. David brings a considerable amount of management experience to the Cinnamon Lakeside Colombo team, having spent the majority of his career managing and leading teams both in Sri Lanka and the UK. Beginning his career as a Tele-marketing Executive ...
Divya Lagoon Resort opened its doors in Kalpitiya recently, making it the first star class luxury boutique hotel to be constructed on the Dutch Bay, in the new Tourism Zone of Kalpitiya Built on four acres of land, Divyaa Lagoon Resort, nestled between the Dutch Bay Lagoon and the Dutch Bay, captures the true essence of ...
SEC to set strategic plan to curb manipulation Target of doubling foreign stake in market to 30% Past efforts to curb price-manipulation were stymied REUTERS: Sri Lanka’s once-buoyant, now-ailing stock market needs integrity and greater participation by foreigners to grow well, the new director-general of the country’s exchange regulator said. Hareendra Dissabandara, who has a ...
NEW DELHI (AFP): Jealousy could be the reason for negative attitudes in England towards the cash-rich Indian Premier League (IPL), England batting star Kevin Pietersen has said. The Twenty20 IPL was an instant hit when it began in 2008 as a mix of glamour, entertainment and international stars playing short-form cricket, but it has attracted ...
England head coach Andy Flower hopes that his team would keep the lessons they learnt during the Sri Lanka series in mind for their away Test series against India. Flower believes the England team is still not a finished product despite convincingly winning the Colombo Test by eight wickets against Sri Lanka. He believes that ...
HSBC’s Big Deal Lifestyle fair, recently held at the BMICH has reportedly attracted over 17,000 visitors over three consecutive days. The lifestyle fair that catered to a wide audience, offered great discounts on various products by leading merchants along with products new to the market at very affordable prices, making it a one stop shop ...
Irresistible and on-par with international cola brands, My Cola takes one more innovative step to level the competition of glass cola bottle marketers. With global warming bringing in tsunamis and as more natural red lights pop up worldwide, the company not only takes the cue to be more environmentally-friendly, but also sees the potential advantages ...
PETS 2012 confab highlights ‘Peace through Service’The Presidents-elect Training Seminar 2012 aboard the cruise liner Superstar Virgo was held in Singapore recently. The event, which took place in March brought together a number of noted Rotarians and resource persons under the banner ‘Peace through Service’, which is the theme for Rotary International this year. Convened ...
Singaporean bakery boutique franchise BreadTalk opens in Sri Lanka By Cheranka Mendis Singapore boutique bakery chain, BreadTalk yesterday launched its service in Sri Lanka with an investment of Rs. 400 million, opening the largest boutique bakery in its international portfolio. At the opening of BreadTalk outlet in Sri Lanka with chefs from left Director ...