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Jason Tan, HSBC’s Head of Client Management – Global Payments and Cash Management in Asia Pacific, arrived yesterday, on a two-day official visit. Tan, who is responsible for the development of HSBC’s Client Management platform across Asia Pacific, will meet Nick Nicolaou, Chief Executive Officer, HSBC Sri Lanka and Maldives, key customers and the ...
AFTER more than four years, Sri Lanka can after this week say that there are no Internally Displaced People (IDPs) in the country – officially, at least. Sri Lanka has begun resettling the last of its internally displaced on Monday, but the move has been criticised by the main Tamil party, that claims they are ...
Ross Taylor might have lost a game of cricket to an opposition team that was superior on the day, but he was not completely crestfallen as New Zealand qualified for the Super Eights thanks to their Net Run Rate. New Zealand rang in a series of changes in their batting line-up, some forced by injury ...
Leaving nobody out in the cold In India, the Rangarajan Committee on Financial Inclusion defined the concept as: “The process of ensuring access to financial services, timely and adequate credit where needed by vulnerable groups such as weaker sections and low income groups, at an affordable cost.” At the recent FutureGov SAARC Summit in Colombo, ...
Bartleet Finance PLC, which has been in the forefront of providing financial services in the Embilipitiya area, moved to a convenient and spacious location in the heart of the town to provide better services to its clients. The relocation will provide it greater opportunity to synergise with its customers and enhance their potential to grow ...
In clear signs that Sri Lankaandrsquo;s trade with India is set to grow further and recent noise about Sri Lanka in Tamilnadu (TN) has almost no impact on the surging business to business (B2B) linkages, a 45 member strong biz delegation led by S. Rethinavelu, Senior President of the Tamilnadu Chamber of Commerce andamp; Industries (TCCI-one of the powerful business Chambers in all of India and th...
The Hayleys Group displayed its commitment to help the nation combat the spread of HIV/AIDS by becoming the latest entity to join the andldquo;Passing the Pillowandrdquo; programme launched by the Lanka Business Coalition on HIV and AIDS (LBCH).
BCS, the Chartered Institute for IT Sri Lanka Section (BCS CIITSL) has called nominations for the ICT Life Time Achieverandrsquo;s Award-2012. This year too, an ICT industry leader in Sri Lanka will receive the prestigious andldquo;ICTA-BCS ICT Lifetime Achiever Awardandrdquo; for the contributions made in shaping the ICT industry to what it is today.
next Sourcing, a wholly owned subsidiary of next Plc, UK, the retail clothing and accessory giant, recognized and acknowledged its Supplier base at the Suppliersandrsquo; Seminar held at Park Street Mews Colombo recently.
Sri Lankan businesses were encouraged to exploit business opportunities in other developing countries recently at a forum at which views were raised on the many advantages such investments present to local businesses including lower production costs, access to unsaturated markets and diversification of risks.
A Sri Lankan insurance professional has achieved a personal and corporate milestone by qualifying as a Fellow of the Institute and Faculty of Actuaries, the chartered professional body for actuaries in the UK.
Medawachchiya is a bustling town located in theandnbsp;Anuradhapura district,andnbsp;North Central Provinceandnbsp;ofandnbsp;Sri Lanka. It is an important commercial centre of the northern region of Sri Lanka. Commencing from Medawachchiya, four main roads fan out in four directions. They are Jaffna, Kandy, Mannar and Trincomalee.
Deutsche Bank announced the implementation of a hybrid payment solution for Sri Lanka-basedandnbsp;John Keells Holdings PLC (JKH) that will streamline the companyandrsquo;s payment processesandnbsp;managed by its shared service centre, InfoMate (Pvt) Ltd.
45 nurses took the andlsquo;Florence Nightingale Pledgeandrsquo; on Tuesday, 18 September, 2012, as a part of the 27th anniversary celebrations of Sri Lankaandrsquo;s private healthcare pioneer Nawaloka Hospital. The pledge was taken by nurses who had completed their first year of training.
Trekurious, Sri Lankaandrsquo;s premium experiential travel portal introduces new offering to travelersandnbsp;to Sri Lanka with the launch of celebrity cricket experiences, tailored for those who love theandnbsp;gentlemanandrsquo;s game and the personalities who play it.
The first ever national bamboo industry processing initiative launched 19 September, leverages UNIDOandrsquo;s resources to the max while positioning for a promising 800,000 new jobs by 2019.
Taj Hotels Resorts and Palacesandnbsp;along with the partners in Sri Lanka has invested Rs 1.6 billion to fully refurbish Vivanta Bentota.
The Asian Development Bank (ADB) is to extend a road restoration project in the North of Sri Lanka to give more communities from the once conflict-ridden region better access to social services and economic opportunities.
In strong signs of private sector expansion in the country, Sri Lankaandrsquo;s Company Registrar has garnered more than US$ 13.6 million (Rs 1.8 billion) in its Company Fund in on-going operations and plans to go high tech with the backing of its rich coffers.
The Central Bank of Sri Lanka has released its annual publication on Public Debt Management for 2011- “Public Debt Management in Sri Lanka, Performance in 2011 and Strategies for 2012 and beyond”.
The Securities and Exchange Commission of Sri Lanka has issued a consultation paper aimed at tightening regulations pertaining to disclosures and governance in related party transactions.
The rapidly advancing globalised corporate environment and the geographic expansion of corporate networks within and outside the country have brought into focus the urgent need for widely spread knowledge enhancement and training facilities. Therefore, it is clear that quick access to information, knowledge and quality training, are a crucial imperative in order to survive and ...
External Affairs Minister of Sri Lanka Prof. G.L. Peiris is to lead the country’s delegation to the United Nations General Assembly in New York and President Mahinda Rajapaksa will not attend the 67th UN General Assembly. Presidential Spokesperson Bandula Jayasekera said that President Rajapaksa will not attend this year’s UN General Assembly. Minister Peiris is ...
Asia Wealth Management is urging retail investors to ‘pull up their socks,’ suggesting a more confident approach to equities investment. Here are excerpts from Asia Wealth’s weekly review: The market has healed so fast within a very short period lowering the year-to-date loss to -2.7%, despite reaching highs of negative 20%. There are many explanations ...
World Twenty20 hosts Sri Lanka are to beef up security after angry fans clashed with baton wielding police in Hambantota where the home side lost a match to South Africa, officials said Sunday. Local residents in the southern port town stormed the ground after they were told that tickets for Saturday’s match at the 35,000-capacity ...
From left – Hennayake Bandara GM/CEO of NSB, Kapila Ariyaratne GM/CEO of Seylan Bank, Chandrasena Bandara Director of Cooperative Insurance Compan….
The Commercial Bank of Ceylon has opened a Branch in the scenic hill country town of Maskeliya, extending its award winning services to residents and travellers to this tea-growing region. Located at No. 244-246, Main Street, Maskeliya, the Bank’s 221st Branch was inaugurated by Commercial Bank Chairman Dinesh Weerakkody. The new branch is computer-linked to ...
Quality recognition for Panasonic ceiling fans distributed island wide by Softlogic A product of internationally recognised consumer electronics brand Panasonic has been awarded the Sri Lanka Standard (SLS) 814 certification, one of Sri Lanka’s most exclusive quality recognitions. Awarded by the Sri Lanka Standards Institute, the SLS certification recognises design excellence and functional ...
Bates Strategic Alliance, one of Sri Lanka’s leading integrated communications agencies, participated in the US Trade Show 2012 organised by the US Embassy and the American Chamber of Commerce, held at the Colombo Hilton recently. Here the Agency team is seen with the new US Ambassador to Sri Lanka and the Maldives. Bates Strategic Alliance ...
POLICIES that are filled with loopholes are the bane of a nation. Thousands of laboratories spew out millions of tests every year but legislation that was introduced in 2007 concerning all national health laboratories left out one crucial point – standards. Despite the fact that more than 3,000 private medical laboratories function in the country, ...