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Sri Lankan insurance sector heavy weight Janashakthi Insurance continued to prove its excellence in the international business landscape by sweeping four prestigious awards at the 2nd Asian Leadership Awards 2012 concluded in Dubai recently (25th September 2012). Being one of the largest listed insurance companies in Sri Lanka, Janashakthi gained honor and recognition at the ...
Pradeep Carvalho was recently appointed as Head of Corporate Communication at Etisalat Sri Lanka. He joins Etisalat after serving in the capacity of Channel Communication Manager at Sri Lanka Telecom (SLT). Pradeep has experience not only in the highly competitive Sri Lankan Market but also in the US Market, working at Fortune 500 companies both ...
A top level delegation from 29 colleges and universities, primarily from the US, will be in Sri Lanka fm 30 September to 2 October as part of the Council of International School (CIS) South Asia tour. A spokesman for Scholarships for USA said the representatives will talk to students and parents about the university admission ...
next Sourcing, a wholly owned subsidiary of next Plc, UK, the retail clothing and accessory giant, recognised and acknowledged its supplier base at the Suppliers’ Seminar held at Park Street Mews Colombo recently. The event was celebrated under an ‘Olympics’ theme, in line with the companies’ successful supply of Olympic clothing to the British team, ...
The Ceylon Chamber of Commerce, the main business chamber of the country has conducted a series of workshops in the regions of Uva, Northern, Southern, Eastern and Central with assistance provided by the Asia Foundation. These were successfully conducted with the help of the regional chambers in the relevant districts. A large number of regional ...
Etisalat Sri Lanka has partnered with Commercial Bank to introduce mobile banking via USSD (Unstructured Supplementary Service Data) technology, a global system for mobile communication used to send a text between a mobile phone and an application program in a network. Etisalat users can now enjoy the convenience of conducting their banking activities with Commercial ...
Celebrating ties between China and Sri Lanka, the Sri Lanka-China Journalists Forum in collaboration with Embassy of China will present China Nanjing Little Red Flowers Children’s Art Troupe for the first time in Sri Lanka as ‘Red Flowers on Stage’ on 30 September and 1 October at the Nelum Pokuna Mahinda Rajapaksa Theatre. The exclusive ...
The Sri Lanka Embassy in Washington in collaboration with the Sri Lanka Tea Board has launched a vigorous campaign to promote Ceylon Tea in the United States. The focus of the campaign is to strategically and effectively position Ceylon Tea in the US market, which is currently experiencing a notable increase of tea consumption. ...
The location of Sri Lanka has a strategic significance and this has been proven by the historical trading activities between Sri Lanka and ancient China, Egypt, and the Roman Empire. There is ample evidence to show that Sri Lanka was a main trading hub in Asia. The reasons for occupation of Sri Lanka by the ...
At Standard Chartered, banking is certainly core business but this has never deterred or precluded the bank from contributing positively to communities which its business calls home. Standard Chartered is recognised globally as the single biggest corporate sponsor of avoidable blindness projects around the world. Seeing is Believing (SiB) is a major global public-private initiative ...
Reuters: A younger vision of Leonardo da Vinci’s “Mona Lisa” will be presented in Geneva on Thursday with the suggestion that it is the original version of what has been called the world’s most famous painting. The Swiss-based Mona Lisa Foundation organising the event said on Wednesday that detailed research over three decades strongly indicates ...
The Past Prefects’ Association of Zahira College Colombo is ready and counting down the days till the ‘Zahira Super 16 Soccer 7’s’ kicks off for the eighth consecutive year, beginning on 6 October at Zahira College grounds, Maradana, Colombo. A fancy stage will be set this year with organizers arranging a flood lit final match. ...
Although the Asian region is better prepared for economic turmoil than it was a decade ago, high levels of financial, trade and investment integration with the Western economies ensure that no country is immune to the effects of the Eurozone debt crisis. While most of the European Union (EU) economies struggle to design new austerity measures to ...
Reuters: Sri Lanka beat New Zealand via Super Over in the first Super Eight stage match of the Twenty20 World Cup at the Pallekele International Cricket Stadium on Thursday. Opting to bat first, New Zealand posted 174 for seven wickets after Rob Nicol (58) and Martin Guptil (38) had provided them a strong start. Sri ...
Launches its latest international watch brands; prizes and surprises on offer this weekendDiamond Dreams, one of the leading and most accomplished jewellery brands in Sri Lanka, has always left its customers mesmerised and spoilt for choice with its exquisite jewellery collections. Established in 2009, Diamond Dreams has rapidly evolved to become the country’s favourite high ...
Royal College Under 12 4x100M relay team, comprising Sacheen Seneviratne, Tharin Boteju, Rohith Navarajah and Kashyapa Amarasinghe, created a new record with a timing of 55.76 seconds at the All Island Relay Carnival held at the Mahinda Rajapaksa International Athletic Stadium, Diyagama from 14 to 16 September . They became the Under 12 Relay Champions ...
Lipton Tea has reached another milestone in Sri Lanka with their latest range of flavoured tea being added to the product portfolio. The company launched three new black tea flavours which include – Earl Grey, Lemon and English Breakfast. Also the re-launch of new packaging and communication of the popular Lipton Clear Green variants – ...
As Sri Lanka’s exports under APTA grew more than three-fold by 2011’s end, the country is suddenly realising the importance of the promising sunrise FMCG segment in the 2.5 billion strong APTA markets led by APTA’s market giant, China. And in the aftermath of Pure Ceylon Tea international brand initiative, Sri Lanka is now beginning ...
Asian Development Bank (ADB) Vice President Xiaoyu Zhao has declared that Sri Lanka has big potential than any other country in Asia to become the most viable and attractive regional economic hub. “Strategic location, post conflict infrastructure development initiatives, peace and stability, high economic growth and able leadership are the main factors behind these potential,” ...
The Commercial hub of the island, Colombo has recently drawn a great deal of positive attention from Standard Chartered. The bank’s regional teams, impressed with Sri Lanka’s recent economic progress and development in business, have recognised the city as an ideal venue to host global conferences. In the next few months the local branch office ...
The Consulate General of Sri Lanka Dubai M.M. Abdul Raheem visited Hamriyah Free Zone Authority this week and met with Director General Dr. Rashid Alleem to strengthen bilateral business association and investment promotion between the two countries. During his meeting Raheem highlighted the investment potential and business environment for Sri Lankan business community. Sri Lanka ...
India’s corporate giant TATA Steel’s Head of Corporate Social Responsibility (CSR) Mr. Biren Bhuta is scheduled to deliver the keynote address at the upcoming Best Corporate Citizen Award 2012 organised by the Ceylon Chamber of Commerce. The Best Corporate Citizen Award will be held for the ninth consecutive year on 12 Novemberat the Cinnamon Grand. ...
India yesterday in a statement gave some reassurances over the nuclear power plant in its Southern state following series of news reports raising fears of the dangers to Sri Lanka arising from the commissioning of the Kudankulam Nuclear Power Plant in southern India. The statement issued by the Indian High Commission is as follows. It ...
Xinhua: Sri Lanka’s topmost Tamil minority minister in the northern town of Jaffna on is confident that the government will be able to finalise a political solution for the Tamils. The minister of Traditional Industries and Small Enterprise Development, Douglas Devananda, told Xinhua in an interview that the solution should be based on 13 Amendment ...
Diesel and Motor Engineering PLC (DIMO) recently organised the second Tata Nano Mileage Challenge Rally for Tata Nano owners in Colombo. The rally was flagged off from Colombo, with the objective of raising customer awareness and reassuring the position of Tata Nano as the most fuel efficient passenger car in Sri Lanka. Twenty five Tata ...
By Marianne David Cinnamon Lakeside Colombo won two coveted awards at the fifth annual Sri Lanka Tourism Awards – the Best Five Star City Hotel Award and the Best Host Hotel Spa. Sri Lanka Tourism Awards 2011 awarded high performers across 11 categories and evaluated hotels in the industry based on their contribution towards tourism. ...
Reuters: Banks are getting round new rules intended to make a still vulnerable industry safer while countries are distracted by the continuing financial crisis, the International Monetary Fund said on Tuesday. The IMF’s latest Global Financial Stability Report said banks will adjust to new costs from tougher regulation to curb excessive risk taking, with deep-pocketed ...
HDFC Bank, a specialized housing Bank launched the online Banking portal recently enabling customers to have access to their accounts at any time. This ensures fast, easy and secure access to HDFC accounts. HDFC Bank was in the process of upgrading its services continuously for the past period considering the evolving needs of its customers ...
The WTO in its annual World Trade Report for 2012, in addition to analysing world trade, has dealt in detail on Non Tariff Measures (NTMs), which has gained an important place in international trade today. In a world of trade liberalisation and free trade agreements which deal mainly with tariff reductions, which are clearly spelt ...
The Embassy of Sri Lanka in Seoul in association with the Sri Lanka Tourism Promotion Bureau initiated a number of activities in the hope of promoting Sri Lanka as a key tourist destination among Koreans. The Ambassador, accompanied by Counsellor (Commercial) of the Mission recently met with members of the Travel and Tourism Club (TNT ...