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Business tycoon Harry Jayawardena-controlled Distilleries Company Plc is the biggest private sector shareholder in People’s Leasing Company Plc., after the latter went public via the biggest ever IPO in post-war Sri Lanka. With 24.5 million shares Distilleries account for 1.57% stake in People’s Leasing Plc. At the issue price of Rs. 18 per share, Distilleries ...
The best hotels, hotel architecture, interiors, construction and design across the entire Asia Pacific region were celebrated at The J W Marriott Hotel in Kuala Lumpur on 27 April. The leading companies behind these winning hotels and hospitality projects were invited to attend to receive the prestigious awards. The Asia Pacific Hotel Awards in association ...
At long last a renewed National Sports Policy (NSP) was presented to Parliament last week and will no doubt shortly transform into the latest legislation for sport in our sunny isle. No doubt this is a well-meaning initiative of the Ministry of Sports (MOS) and its front running Minister who only a few weeks ago ...
Reuters: Five uncapped Indian cricketers have been provisionally suspended following allegations of corruption in the lucrative Indian Premier League (IPL), the Board of Control for Cricket in India (BCCI) said on Tuesday. The BCCI has also ordered a probe into the accusations, made by a local television channel. “The president BCCI has immediately appointed Ravi ...
By Cheranka Mendis McLarens Group of Companies on Monday announced the qualification of their Brand Ambassador and number one ranked Sri Lankan shuttler, Niluka Karunaratne, for the London Olympics scheduled to be held from 27 June to 11 August this year. Karunaratne, recognised as a sportsman who has come up to the Olympic level on ...
Reuters: The Board of Control for Cricket in India (BCCI) will probe allegations of corruption in the lucrative Indian Premier League following allegations made by a local television channel. Footage from India TV appeared to show an IPL player negotiating a fee for bowling a no-ball, while another said he received under-the-table payments above his ...
Ceylinco Insurance – General recognised and handsomely rewarded its dynamic and dedicated sales team, at the recently concluded Annual Sales Conference and Awards Ceremony 2011. The glittering event showcased the company’s outstanding talent, rewarding its top performers, who overcame all obstacles, in order to provide their customers with an unparalleled service throughout the year. T...
The Design Group Five International (Pvt) Ltd (DG5i) was a double winner at the Asia Pacific Property Awards 2012 held recently in Kuala Lumpur, Malaysia for their innovative and creative design of the People’s Leasing Plc Headquarters building in Maradana Road, Borella. The Awards, held annually, recognises superior architectural and interior designing across the Asia ...
Oman Air, the national carrier of the Sultanate of Oman, was awarded ‘Best Business Class Airline, Middle East’ at the prestigious Business Destinations Travel Awards 2012. The Business Destinations Travel Awards are voted for by readers of Business Destinations magazine, which is published in the UK every other month. The magazine has a worldwide ...
Reuters: Beyond movie star looks and sunglasses, the woman who takes over as France’s first lady next Tuesday is fast making her mark as a feisty character who some media outlets are already dubbing the Iron Lady. Valerie Trierweiler, a Paris Match reporter, limited herself for the past year to accompanying Francois Hollande on campaign ...
Marriott International will further strengthen its portfolio of hotels in Thailand with the opening of three new properties this year. The Rayong Marriott Resort and Spa, The Bangkok Marriott Hotel Sukhumvit and the Marriott Executive Apartments Bangkok – Sukhumvit Thonglor will all open in 2012, bringing Marriott International’s portfolio to 16 hotels in the country. ...
The Sri Lanka Institute of Marketing (SLIM) at its 42nd annual general meeting elected a new Executive Committee for the ensuing year. President Tilan Wijeyasekera pledged to continue the SLIM traditions built up over the past four decades and work to a planned programme setting goals and objectives which can be achieved in the course ...
The Sri Lanka Institute of Packaging (SLIP) yesterday announced the launch of ‘Lankapack 2012,’ the only exhibition solely dedicated for the local packaging industry to be held mid this month with the largest overseas delegation in the history of the exhibition. With over 35 companies from India and 10 from China taking space at the ...
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 ...
ANCIENT OLYMPIA, Greece (Reuters): The countdown to this summer’s London Olympics kicked off with the kindling of the Games torch by the sun’s rays in ancient Olympia on Thursday, sparking a relay that will culminate with the lighting of the Olympic stadium’s cauldron at the opening ceremony on 27 July. A Union flag is seen ...
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 ...
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 ...
Sneaking social profiles of a potential employee: Good or bad?By Ranjan De Silva and Thanzyl M. Thajudeen Overview Employees dream of the right job for them; employers dream of the right people to join them, the search has gone on forever, have we got the answer with networking? Do we really know what’s cooking on ...
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 ...
Reuters: Triple Olympic champion Usain Bolt could have an unexpected challenger when the Jamaican world record holder runs his first 100 metres on Saturday. Asafa Powell, who held the world record before Bolt became athletics’ biggest star, is considering switching from the 200 to the 100 at the Jamaica International Invitational because of a minor ...
NEW DELHI (AFP): England batting star Kevin Pietersen flew home on Wednesday after a highly successful stint in the Indian Premier League as Australia captain Michael Clarke made his debut in the Twenty20 tournament. Pietersen, who left midway through the league to prepare for England’s home series against the West Indies, scored 305 runs at ...
SHANGHAI: Fresh from two days of judging entries in the Asian Marketing Effectiveness Festival, jury president James Thompson asserted that the worldwide marketing and advertising community is still underestimating, and even disrespecting, the economic power of Asian creativity. Thompson, chief marketing officer for Diageo Asia-Pacific, argued that although the business world certainly understands...
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 ...
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 ...
Team Sponsor of IPL franchise stages coaching clinic for budding players With cricket fever gripping the India, Emirates – the Team Sponsor of Deccan Chargers – reiterated its commitment towards the sport and the country by providing lucky youngsters a once-in-a-lifetime opportunity to meet their idols. The international airline, which serves India with 185 weekly flights, st...