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Group companies to unite in ‘Passing the Pillow’ amongst 30,000-strong workforce and communities The Hayleys Group displayed its commitment to help the nation combat the spread of HIV/AIDS by becoming the latest entity to join the “Passing the Pillow” programme launched by the Lanka Business Coalition on HIV and AIDS (LBCH). In pledging renewed efforts ...
“Broadband will represent a momentous economic and social change,” said President’s Secretary Lalith Weeratunga. Weeratunga said so while participating at the inauguration of a two-day ‘Regional Expert Consultation on Connecting Asia Pacific’s Digital Society for Building Resilience’ held in Colombo recently. Organised by the United Nations Economic and Social C...
Tightening brakes on growth, Government data released yesterday showed the country has slowed to a two-and-a-half-year low, slipping from 7.9% in the first quarter to 6.4 % in the second when compared with the same period last year. A Reuters report noted that economic growth eased to 6.4 per cent in the second quarter ...
Sri Lanka and China inked 16 agreements yesterday in a move that will solidify already strong relations. Xinhua News reported that China’s National People’s Congress Standing Committee Chairman Wu Bangguo together with his 150-strong delegation singed the agreements when they met with President Mahinda Rajapaksa. However no details were given of what the agreements contained ...
Reuters: The Central Bank is expected to keep interest rates steady for a fifth straight month on Tuesday despite high inflation to help bolster economic growth, which has been cooling due to sweeping policy measures and an extended drought. Twelve out of 13 analysts polled by Reuters expect the repurchase and reverse repurchase rates to ...
Aims to reduce travel time by 20 per cent; project to benefit an estimated 1.8 m people in five districts The Asian Development Bank (ADB) has approved US$ 98 million in loans for infrastructure development in Sri Lanka’s former northern war zone that will bring benefits to an estimated 1.8 million people, the organisation ...
Successor of the International Dawoodi Bohra Community and member of the Bohra Royal Family, Syedi Aali Qadr Mufaddal Bhaisaheb Saifuddin arrived in the country late last night to deliver a sermon and meet the followers of the Dawoodi Bohra community in Colombo. Syedi Aali Qadr Mufaddal Bhaisaheb, the successor and son of the Bohra Leader, ...
Sri Lankan private healthcare pioneer Nawaloka Hospital will be celebrating its 27th anniversary tomorrow and as a reward for its loyal customers, the hospital will be offering a number of discounts beginning from 18 September, until the end of the month. Discounts of 10% will be made available to customers on dental and lab services, ...
Merchant Bank of Sri Lanka PLC. (MBSL), the pioneering investment bank in the country and a subsidiary of Bank of Ceylon, has made its presence felt in many districts, concentrating in the areas of leasing and hire purchase. Nurturing the new economic era prevailing in the country, MBSL has taken its investment banking activities such ...
Citizens Development Business Finance PLC (CDB) recently signed up for the Sri Lanka Interbank Payment System (SLIPS) through Commercial Bank, the first-ever to do so in the non-banking financial institutions category. SLIPS is an online interbank electronic fund transfer (ETF) system whereby the movement of funds from one account to another takes place without the ...
I wonder if you can remember the famous World Cup Soccer final some years back where the fourth referee intervened after the great Zinedine Zidane head-butted Italian defender Marco Materazzi in the World Cup final. It would have perhaps gone unnoticed if not the TV referral. In my view, if this had gone unnoticed, it ...
The only internet marketing agency to be recognised at the Sri Lanka Tourism Awards held recently, eMarketingEye (www.emarketingeye.com) won the prestigious Tourism Award for best Hotel/Accommodation website under the Marketing Communications category. A fully integrated online marketing agency, eMarketingEye specialises in the Travel and Hospitality industry with over 400 successful client engage...
The Government has gazetted a Bill, on 27 July 2012, to set up a Divi Neguma Department, which will take over the existing Samurdhi Authority, the Southern Development Authority and the Udarata Development Authority (successor to the Kandyan Peasantry Commission). The Bill will also set up a Divi Neguma Community Based Organisation, Divi Neguma Community ...
There was a time when cricket was a game only Commonwealth nations derived pleasure from. Those days are long gone. Scour through its recent history, and you’ll find pages dedicated to the likes of Ireland and Afghanistan. It doesn’t stop there. Scotland, The Netherlands, Hong Kong and the United States were among the ten nations ...
South Africa batsman Richard Levi has won the ICC Twenty20 International Performance of the Year in recognition of his 51-ball 117 not out against New Zealand. This is the fifth year the award has been given to recognise the most impressive performance by a player in Twenty20 Internationals during the 12-month voting period and it ...
Guardian Insurance Brokers have been appointed the exclusive agents to market the products of US Insurance Giant Aetna in Sri Lanka, filling a need for high quality specialized medical insurance cover.
World Duty Free Group (WDFG), the leading duty free operator at the Bandaranaike International Airport (BIA) along with the reputed beverage supplier, Brown Forman Worldwide, recently commenced another exciting mega promotion, andlsquo;Cricket Fever 2012andrsquo; on 1standnbsp;September to coincide with the ICC T20 Cricket World Cup which will be held in Sri Lanka this September and October.
For the first time ever Sri Lanka hosts the annual International Regional Conference of ASHRAE from 28 to 30 September. At the last annual conference held in Abu Dabi, it was unanimously decided that Sri Lanka will have the privilege of hosting this highly prestigious event. The Sri Lankan delegation at the conference had lobbied ...
Third largest export Industry in the country praises Rishad for pioneering two surveys that the sector needs First survey starts next month, outlay at $ 22700 Findings to become input to ADB’s CCED model As global rubber prices are set to soar, Sri Lanka is moving to upgrade its rubber sector to capitalise on the ...
Sri Lanka proud hosts of popular and shorter form of most entertaining tournament played in Asia for the first time; 20-teams, 20-day cricket fiesta ICC World T20 kicks off tomorrow Mega boost for tourism as 500 players and officials alone to take up 9,000 room-nights; hundreds of overseas fans, global sponsor officials and media to ...
The Sri Lanka Atomic Energy Authority (AEA) has ordered to send back a consignment of goods contaminated with highly radioactive material arrived on board a vessel from India. The consignment, contaminated with a radioactive material was discovered by the port authorities in a 40-foot container and upon testing, it has been found that 125 units ...
A top legislator of China, chairman of National People’s Congress (NPC) Wu Bangguo arrived in Sri Lanka on Saturday on an invitation extended by Speaker Chamal Rajapaksa. The Chinese legislator was warmly received by the Speaker Rajapaksa upon his arrival at the Katunayake Bandaranayake International Airport. “China is willing to join hands with Sri Lanka ...
RR Donnelley & Sons Company yesterday announced that its Global Outsourcing services offering has been recognised in 2012’s The Global Outsourcing 100. RR Donnelley was also ranked among the ‘Best 5 Providers by Industry Focus’ in supporting real estate companies (construction and transaction) and among the ‘Best 5 By Service Area’ in delivering legal ...
SriLankan Cargo has taken a firm step towards positioning the Bandaranaike International Airport (BIA) as a regional hub for air freight, by handling the highest-ever volumes of both total cargo and transshipment cargo in a single month. SriLankan’s Worldwide Cargo Operations Senior Manager Janaka Munasinghe said: “The BIA Cargo Centre is on course for a ...
Currently discussing new courses with local and international universities By Cheranka Mendis The training arm of SriLankan Airlines, International Aviation Academy (IAA), is on an aggressive expansion plan, launching its services overseas while concentrating on capacity development and local youth engagement to the industry. IAA, which provides International Airline Training Association (IA...
China Merchants Holdings (International) Company Limited (CMHI), which is setting up a $ 500 million container terminal in Colombo, has completed the acquisition of a 50% interest in Thesar Maritime Limited (TML). TML owns a 35-year concession right, extendable for another 10 years, to develop and operate the Lomé Container Terminal (LCT) , which upon ...
Janashakthi Insurance, one of Sri Lanka’s leading insurance companies, marks 18 years of business excellence and service to the nation today (15). Janashakthi began operations in 1994, as a specialised Life insurer. A year later, the firm diversified in to General insurance, and to date, continues to blaze a trail in Sri Lanka. The insurer ...
Over 15 Sri Lankan senior professionals and young talent in attendance; 17 entries from Sri Lanka in record haul of 4,860 from 23 countries this year The largest-ever creative communications festival in Asia Pacific, the three-day Spikes Asia 2012, kicked off on Sunday in Singapore. Over 500 industry professionals from 27 countries including over 15 ...
By Cheranka Mendis The European Union has injected Euro 60 million (around Rs. 10 billion) in a four-year Support to District Development Program (SDDP) that was initiated in June this year, to support four war affected districts of the country. EU Sri Lanka Delegation Head of Operations Willy Vandenberge yesterday told the Daily FT that ...
Ambassador Asitha Perera thanked the FAO Director General Jose Graziano da Silva for supporting the post conflict development in the North of Sri Lanka. Upon presenting credentials to the FAO, Ambassador Perera had specially requested the Director General to consider participating and supporting the recently resettled war affected population in the North and East of ...