The Calamander Unawatuna Beach Resort hosted a German Night as a special gesture to the in house German guests, who celebrated the Football World Cup 2014 win. The guests were able to enjoy their favourite flavours from home, while revisiting the glorious world cup final repeat telecast, aired on a giant screen at the hotel's unique 680 Cocktail Bar and Beach Club.
This year, Amãna Takaful PLC (ATPLC) the only fully-fledged Takaful operator in the country, commemorated 15 years of spearheading the Takaful concept in Sri Lanka. The composite insurer celebrated the occasion with a gala dinner for long standing Life and General customers, key strategic partners, the company’s Board of Directors and staff.
Ceylinco Life is inviting its policyholders to join in the company’s efforts to ‘Go Green’ by signing on to receive ‘E Documents’ relating to their policies. To increase awareness and enthusiasm, the life insurance market leader has put up prizes of an iPad, Samsung smartphones anddongles which can be won by policyholders who register for E Documents before 31st August 2014.
Managing Director of Lanka Bell Ltd Prasad Samarasinghe was last week conferred with a Doctorate in Telecommunications by the Australian National University, Canberra, Australia. Dr. Samarasinghe holds a B.Sc. (Eng) Degree in Electronics and Telecommunications with First Class Honors and a M.Sc. in Engineering, both from the University of Moratuwa, Sri Lanka.
Triumph Sri Lanka recently sponsored one of the main mini pageants of the upcoming Runway Super Model 2014 in an event held at Colombo Court Yard. Miss Body Beautiful Pageant brought out the true beauty of the female body as the contestants exhibited the latest Triumph lingerie collections. The contest was mainly to evaluate the perfect balance of the female body to appreciate the true beauty of the contestants with an appreciation of fine lingerie.
For the convenience of customers, the Commercial Bank of Ceylon has announced it will keep 65 branches open for business on Ramazan Festival Day(Tuesday 29th July),a Public and Bank Holiday. This includes the Bank’s 28 Supermarket Banking Centres and 20 ‘365-day’ branches which will work their customary hours, and another 17 branches that will be open from 9 am to 1 pm on that day, the Bank said.
The Central Bank of Sri Lanka has appointed Mr. C J P Siriwardana, Assistant Governor, as the Secretary to the Monetary Board with effect from 14th July 2014. Mr. Siriwardana joined the Central Bank as a Staff Officer in 1986 after graduating from the University of Ruhuna with a B.Sc. Degree (Hons) in Agriculture. In 1994, he received his Master’s Degree in Quantitative Development Economics from the University of Warwick, UK.
Mr. Aravinda Perera was appointed to the Board of Directors of the Colombo Stock Exchange (CSE) with effect from 9th July, 2014, in place of Mr. Krishan Balendra, who completed his term as Chairman of the Board and resigned from the Board with effect from 5th June, 2014.
The foundation stone laying ceremony for Brown & Company PLC’s new Lucas Battery Premium Service Center was held recently under the patronage of Ishara Nanayakkara, Chairman, Brown & Company PLC. The new service center will be located at #97, Kynsey Road, Colombo 08.
The Senior Management of KlevenbergPvt Ltd was also present at the ceremony.
Emirates has announced the resumption of its daily flights from Colombo to Singapore, following the completion of a comprehensive runway upgrade project at Dubai International Airport which resulted in a temporary suspension of these flights. Effective Tuesday 22nd July, the resumption of the Colombo – Singapore service will see a return to the previous schedule of 34 Emirates flights a week from Colombo -- 27 flights from Colombo to Dubai and seven onwards to Singapore.
3 LOE Solutions (Pvt.) Ltd partnered with European based Infinite IT solutions as the sole business partner to promote its Sales Force Automation System and other Infinite products in Sri Lanka. The company said this will enable FMCG sector, Pharmaceutical sector and all categories of production organizations to manage its distributor network properly. The newly introduced mobile sales force automation system (Mobiz) is based on Android platform.
Embark, the unique community animal welfare initiative, has received support for its large scale sterilisation and vaccination programmes in Sri Lanka from Fondation Brigitte Bardot (the Brigitte Bardot Foundation), the leading animal protection organisation in France.
Mobil Lubricants achieved yet another target when they signed up LOLC Motors, Agents for FIAT, as their official lubricant arm. LOLC Motors who have a large fleet of vehicles of their own, acquired the FIAT Agency in 2011, and has made quite an impact in the local market since then.
Tokyo Cement remains committed to enhancing the knowledge of school children in Sri Lanka, through the dynamic Tokyo Cement All Island Quiz Programme which was launched last year in partnership with Swarnawahini and the Ministry of Education.
Sri Lankan stocks ended flat on Friday, hovering near a 33-month high struck on Wednesday as profit-taking in diversified shares was offset by gains in telecommunication shares, brokers said. The island nation's share index has risen 5.39 percent so far this month as the yields in risk free treasury bills and the central bank's key monetary policy rates have fallen to multi-year lows amid continued foreign buying.
The Faculty of Business at SLIIT, takes immense pleasure in organizing Soft Skills + 2014 for the third consecutive year at the SLIIT campus in Malabe on the 26th of September 2014. Open to students from grade 11 to 13 representing state, private and international schools, this event is aimed at improving students analytical, problem solving and communication skills.
Lankem Paints Ltd, manufacturers and marketers of Robbialac Paints last week launched its annual ‘Varna Pooja’ to paint the entire Dalada Maligawa complex in Kandy ahead of this year’s Esala Perehera. Now in its tenth consecutive year, this annual ‘Varna Pooja’ by Lankem Paints is not only one of the highlights of Lankem’s annual calendar but is also one of the numerous ancient rituals associated with the Temple of the Tooth.
In its continuing efforts to propagate the importance of a relevant and globally recognized professional qualification in accounting, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently unveiled its newly launched groundbreaking curriculum in Kandy. The unveiling in Kandy took place in the presence of the chief guest Hon. Tikiri Kobbekaduwa, Governor of Central Provinceand a host of corporate leaders, principals and teachers.
Cavinkare, one of India’s leading FMCG manufacturers, announced the launch of its New Nyle Naturals Facewash range in Sri Lanka.
The new offering from the Cavinkare portfolio has three variants with the goodness of natural ingredients. Carrot, which is known for being rich in vitamins, is used to nourish skin, Neem (Kohomba), known for its antiseptic properties protects skin from pimples* and Turmeric, known for fighting germs, dust and pollution, helps to give soft and glowing skin.
Asian Alliance Insurance, together with the Department of Pensions along with the intermediation and involvement of Colombo RE Insurance Brokers, recently announced a specially tailor-made insurance cover for Sri Lanka’s retired senior citizens, who have contributed a life time of service towards Sri Lanka’s economy, society, and future generations. The insurance cover was introduced with the objective of safeguarding the life styles of retired senior citizens. The event was graced by the Hon. Minister of Public Administration & Home Affairs Mr. W. D. J. Seneviratne.
It’s a sweet season at The Manhattan FISH MARKET as the award winning restaurant launches its ‘Apple and Banana Crepe’ along an extravagant ‘Oreo Madness’ promotion.
Indulge in the perfect ending to you sea-perb meal at The Manhattan FISH MARKET with the launch of decadent ‘Apple and Banana ‘Crepe. Crepes which originated in Brittany in the northwest region of France, refers both to the individual pancake and the filled creation which can be both savoury and delightfully sweet. The delicious pancake available only at The Manhattan FISH MARKET is infused with banana and apple and is the ideal dessert priced at only Rs. 390/.
Among the diverse crafts nurtured by the reflective tradition of Sri Lanka, Talipot is an age old precious bound with Sri Lankan heritage since ancient times. Originally being used for Ola leaf manuscripts, this adorned craft industry dates even beyond the written history of the country. It possess fine and delicate craftsmanship, with skills and techniques achieved spending a life time. Unfortunately this priceless inheritance is losing its grace among handicrafts in Sri Lanka. Gamata Marketing, the project of Sri Lanka Institute of Marekting (SLIM) in association with the Department of Integrated Design, are on a mission to implement a design intervention to uphold the local craftsmanship.
Cinnamon Hotels & Resorts are preparing to host the 23pageant finalists of the Miss. Universe China pageanton a tour of Sri Lanka, flown courtesy of SriLankanairlines. The tourwill be a part of the pageant’s official agenda, following regional selections that will culminate in the Grand Finale of the Miss Universe China crowning pageant, scheduled to be held on the 13th of September in Shanghai. The contingent will be visiting Sri Lanka from the 26th of August to the 1st of September 2014.
The importance of adopting quality financial reporting and governance for the benefit of an organization and how that benefit creates value to the owners of the organisation was highlighted at a programme organized recently by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). Theprogramme which focused on the relevance of reporting, both externally and internally also identified commonly encountered "sins" in reporting, and the limitations existent in corporate reporting.
Sri Lankan stocks hit a 34-month closing high on Tuesday, led by banking shares as local investors shifted funds from fixed income to riskier assets in view of the low interest rates, brokers said. The main stock index ended up 0.59 percent, or 39.85 points, at 6,796.37, its highest close since Sept. 20, 2011.
The Rs 1 billion debenture issue of Dunamis Capital PLC opens for subscription on Monday 28th July and will be kept open till 15th August 2014 unless oversubscribed before the closing date, the company has announced. Rated ‘BBB’ by RAM Ratings Lanka Limited, the issue of 10 million rated, senior, unsecured redeemable debentures of Rs 100 each, is to raise capital to increase the long term funding base of Dunamis Capital PLC, the holding company of First Capital, Kelsey Homes and Premier Synthetic Leather.
Holcim Lanka, Sri Lanka’s leading cement manufacturing company, treated its loyal distributors recently for a fun-filled trip overseas as a token of appreciation for the effort they invest in driving the sales of the company. A selected group of distributors were sent on an all-expenses paid trip to Switzerland from 08th to 13th June 2014 for a 4 night/5 day stay. This is one more way for Holcim Lanka to demonstrate its appreciation to its distributors for their valuable support and for achieving yearly sales targets.
The Old Joes’ Choir, upon their return to Sri Lanka as World Champions, were felicitated at St. Josephs College by automotive partner Land Rover. The Old Joes’ Choir (OJC), which comprises of past Students of St. Joseph’s College, Colombo 10, recently took part in the 8th World Choir Games held in Riga, Latvia. The Games featured 27,000 Participants from 74 countries and over 465 choirs from around the world.
Associated Motorways (Pvt) Ltd. (AMW) one of the leading companies in the Sri Lankan corporate sector recently added value to its retreading tyres product-line by introducing ‘Marathon Radial’ procure tyre. AMW Group Managing Director Mr. Samantha Rajapakse graced the occasion of launching the new product.
Marathon Radial was introduced to be in line with AMW’s core competency of enhancing production capacity. The product opts to cater to a need in the ever increasing precured radial tyre market in Sri Lanka with a tyre with enhanced standard.
Two leading professional bodies came together recently to take a closer look at Sri Lanka’s booming capital market. At an evening seminar organized recently by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) together with the Chartered Institute for Securities and Investment (CISI) the topic of mutual funds, identified as the new frontier of investments for Sri Lanka was given much needed attention by a pool of well-versed experts who boosted the interactive session by sharing their insights to a houseful audience from the accounting, banking and financial sectors.
At the forefront of Sri Lanka’s insurance industry, Asian Alliance Insurance PLC, has won awards and accolades at the 2013 Vision Awards organized by the League of American Communication Professionals in its much-anticipated Annual Report competition. The fiercely-contested annual report competition featured entries from 25 countries and 1,000 companies globally this year. Asian Alliance Finance PLC’s 2013 Annual Report won big in various categories.
The Pears Happy Baby Learning Centre mobile unit - dedicated to all mothers and babies - has been travelling around Sri Lanka, delivering knowledge to mothers. Visiting 44 cities over the past couple of months, this one-of-a-kind project has reached thousands of mothers on its journey through Sri Lanka. The aim of the project is to disseminate baby care expertise to all Sri Lankan mothers, from multiple partners towards Pears’ inspiring vision that ‘Happy Babies Learn More.’
Janashakthi Insurance recently provided Rs. 10 million personal accidental death cover to the winner of popular TV reality show Sirasa Superstar, Gayan Arosha, in their capacity as the official insurance partner for Season 6. First runner up Chamara Prasad also received coverage worth Rs. 5 million, while second runner up Tehani Imara received coverage worth Rs. 1 million, as did 10 other finalists.
According to the United Nations ‘e-Government’ Report that monitors the way countries of the world use ICT for providing citizen services, Sri Lanka has made a huge improvement in 2014. According to the UN categorizations Sri Lanka has this time been able to advance to the 74th place out of 193 countries in the world. According to the 2012 report Sri Lanka had earlier reached the 115th place.
World famous Spanish football club FC Barcelona and BEKO recently announced the signing of a new agreement which will see the Europe's leading home appliance group become the club’s worldwide sponsorship partner for the next four years. The partnership will be symbolised by the presence of the BEKO logo on the arm of the club’s first team shirt worn for all Spanish League and Cup games during the 2014/15 season, as well as for friendlies and summer tour games.
Softlogic Retail (Pvt) Ltd. a pioneering subsidiary of Softlogic Holdings PLC, together with Panasonic Systems Asia Pacific, recently launched the new KX-NS300, an IP-enabled PBX model with particular focus on Sri Lanka’s rapidly growing SME/SMB sector. This follows a combined and continued effort by both Panasonic and Softlogic to focus on product differentiation coupled with developing innovative technological solutions in the Asia Pacific region.
Sri Lanka’s leading healthcare service provider, Lanka Hospitals,recently launched its revolutionary offering, a Medical Reference Laboratory, on 16th July 2014. The landmark opening of the first-ever such reference laboratory in the country was graced by H.E. President MahindaRajapaksa, who presided over to the occasion as the chief guest. With the opening of this new medical reference laboratory Lanka Hospitals Diagnostics, a subsidiary of Lanka Hospitals, fulfils the long felt need for an advanced medical laboratory in the country with cutting edge technology to improve and speed up the process of diagnostics.
The open day organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) to propagate the importance of its BSc. in Applied Accounting degree, enjoyed overwhelming response with an impressive number of students and parents attending the event. The open day provided higher education seekers a unique opportunity to learn the various benefits of the BSc. in Applied Accounting including its course content, key learning areas, special exemption scheme for students of CA Sri Lanka, special loan schemes and installment payment schemes available with partner banks Hatton National Bank & Peoples Bank.
The harmony of their voices has mesmerized audiences here and abroad since 2006. They redefined the boundaries of Sri Lankan music when, for the first time in the country’s musical history, a band fully vocalized a Sinhalese song that rose rabidly in the Sinhala charts. Now they have gone a step further and are prepping to woo their audience once again this August with an exciting line up of both Sinhalese and English songs and a few new surprise additions to enhance their voice talents further.
Mihin Lanka, Sri Lanka's national low-cost carrier recently shifted its cargo operation to a newly refurbished office managed by its cargo network partner, Fits Air in Sri Lanka. The new office building is located at No. 6, 2nd Floor, Joseph Lane, Colombo 4 and the opening ceremony was attended by the senior management and staff of Mihin Lanka and Fits Air, including Rohan Perera, Head of Commercial, SajivaSuwaris – Head of Finance, Asanka Fernando, Head of Sales, Mihin Lanka, ShafikKassim, Managing Director, Omar Kayaam, CEO, and Sam Samarasinghe, Chief Operating Officer, Fits Air.
The Commercial Bank’s role as a key corporate supporter of children’s education in Sri Lanka has taken a giant leap forward with the launch of an innovative online education programme by the country’s largest private bank.
Interpharm (Pvt) Limited, manufacturer of pharmaceutical products formulated in Sri Lanka, was rewarded the third successive year with a Special Award for The Local Manufacturer, at the 17th Suppliers’ Convention organized by the State Pharmaceuticals Corporation, held on 19th July 2014, at Jetwing Yala.
In just over a decade, Colombo Fashion Week (CFW) has established itself as the backbone of the local fashion design industry. In the run up to the Resort Wearshow to be held in October, CFW announced the launch of CFW ‘Fashion Design Fund’ in an effort to develop and support up-and-coming fashion designers.
Melsta Regal Finance Ltd, recently launched a vehicle trading hub to buy and sell vehicles under one roof together with flexible financing packagesand specialist advice to repairs on the vehicles. This new concept, which was initially launched in the Central Province, will spread its services to the other main cities as well. This novel concept was launched successfully at the Kandy where over 75 vehicles users handed over vehicles for sale on the launch day.
SINGER Sri Lanka PLC. the country’s number one brand and number one Smartphone marketer was appointed as the exclusive distributor for with Sony Mobile Communications (“Sony Mobile”), a subsidiary of Sony Corporation, at a gala launch ceremony held at The Kingsbury Colombo. The significant partnership, took place under the patronage of Mr. M. Razali Ya'acub - Chief Representative - Sony South East Asia Sri Lanka Representative Office and Mr. Asoka Pieris - CEO SINGER Sri Lanka PLC.
Dilini Rasangi Shyamini, a 29 year old mother from Hettimulla, Kegalle gave birth to Sri Lanka’s second set of quintuplets at the Peradeniya Teaching Hospital in the early hours of Thursday 02 July. The father of the two boys and three girls, Shilantha Wijepala, is an executive officer in the mercantile sector.
Sri Lanka’s biggest fashion retail chain NOLIMIT was recently ranked among the Top 100 unlisted brands in Sri Lanka by Brand Finance in their annual analysis of the top brands in Sri Lanka. The brand was also ranked 2nd in customer service among retail stores by Living Magazine in a survey conducted this year. The Unlisted Brands rating was compiled on the basis of an independent market research study and presents a complete view of the brand’s landscape in Sri Lanka. The survey seeks to clearly establish the brand’s quality, reliability, distinctiveness, reputation and trustworthiness.
A major three-part global transaction between GlaxoSmithKline (GSK) and Novartis AG will generate benefits for consumers in Sri Lanka, particularly in the sphere of vaccines, GSK Pharmaceuticals Sri Lanka said this week. GSK’s position as the leading provider of vaccines to the domestic private market, to which it supplies vaccines that prevent 14 infectious diseases, will be consolidated further with the strengthening of its vaccine portfolio in new areas such as the prevention of Rabies and Meningitis, the company said.
The Indian CEO Forum (ICF) which completed one year of its formation on July 12, 2014, announced the roll out of its plan to bring free medical aid to all sectors of society through a health check camp specifically focusing on two major silent killers – Diabetes and High Blood Pressure. The first such camp will be held on July 27th at the ‘Lama Horuwa Pre School’, Aramangolla, Horana, from 9 am to 2 pm
Ceylon Theaters combines history with modernity with its new boutique cinema, Empire Cineplex at Arcade Independence Square. Ceremoniously opened by His Excellency President Mahinda Rajapakse, the new Empire Cineplex offers a unique cinematic experience that is more intimate and luxurious than ever before. The Empire Cineplex is now the ‘go-to’ cinema destination in Colombo and offers cinema enthusiasts an experience that draws on the latest movie exhibition trends. The new cinema is specifically designed to offer a high-end, private and exclusive cinema experience.
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Build Sri Lanka 2014 was organized for the 10th time by the Chamber of Construction Industry Sri Lanka (CCI), with the objective of highlighting the positive growth and development in the construction industry. The event took placefrom 30th May to 1st of June2014at the Bandaranayake Memorial International Hall recently. The exhibition was held under the auspices of Hon. Basil Rajapaksewho attended as Chief Guest along with Hon.Thilanga Sumathipala MP and Dr. Surath Wickramasinghe, President of the CCI.
Enterprising Fairs India Private Limited, a B2B Exhibition company from India, has collaborated with The Plastics and Rubber Institute of Sri Lanka (PRISL), to conduct their 2nd edition of SRILANKA PLAST - a Plastics Expo (www.srilankaplast.com) and the 1st Edition of RUBEXPO - a Rubber Expo (www.rubexpo.com) on 14, 15 and 16th of August 2014 at BMICH, Colombo. The Ministry of Industry and Commerce (MOIC), Export Development Board (EDB), Industrial Development Board (IDB), Rubber Research Institute of Sri Lanka (RRISL) and Central Institute of Plastics and Engineering Technology, a government body of India (CIPET) have also extended their support to these B2B exhibitions.
The Commercial Bank of Ceylon has once again pledged to help students who excel at the Year 5 scholarship examination to secure a better future by presenting them with cash prizes totalling millions of Rupees under the Bank’s ‘Arunalu’ Children’s Savings Account. In order to instil in students the value of a good education, the Arunalu Account of Commercial Bank has taken steps to assist students as they continue their studies. Students placed first, second and third Island-wide at the 2014 examination to be held in August will be rewarded with up to Rs 382,500 if they are holders of ‘Arunalu’ Children’s Savings Accounts.
Students who aspire to be exceptional future professionals can follow the Practical Business English course offered by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) which will accelerate their progress towards enjoying greater opportunities in the business world. The Practical Business English Course which aims to develop the confidence, fluency, accuracy and communication skills of students is offered under three separate modules, which have been developed based on the needs of today’s contemporary students.
Mihin Lanka Sri Lanka's national low-cost carrier recently hosted an Ifthar event at the Wekanda Jummah Mosque in Colombo 02. The Ifthar provided a meal for 600 Muslims who came to break fast at the mosque after their evening prayers. The event was created by Mihin Lanka for its travel agents and regular devotees of the mosque. Those present includedHon. A.H.M Fowzie - Minister of Urban Affairs, Nauzer Fowzie - Member of Parliament,N.M. Zameel - Director of MuslimCultural and Religious Affairs, A.H.M Azwer - Member of Parliament, Hon Alavi Moulana - Governor of the Western Province, Nishantha Ranatunga - Chairman, Mihin Lanka, the management of Mihin Lanka,the Board of Directors of the Wekanda Mosque and the Wekanda Mosque Committee.
The National Mobile Service Provider, Mobitel has extended its support to Sri Lanka’s single largest worker welfare programme, Ransalu Pranaama which has entered its third phase with several popular consumer brands, to motivate and retain the 350,000 strong labour force of the apparel sector.
The Commercial Bank of Ceylon PLC has announced the appointment of Mr Sivakrishnarajah Renganathan, the Bank’s Deputy General Manager – Personal Banking, as Chief Operating Officer (COO) and Executive Director with effect from 17th July 2014. A career banker who has served Commercial Bank throughout the entirety of his 34-year working career, Mr Renganathan has held several key positions in the Corporate Management. In July 2003, he led the Bank’s acquisition of the Bangladesh operations of Credit Agricole Indosuez (CAI), Commercial Bank’s first ever acquisition of a banking operation, and was appointed Country Manager – Bangladesh, in which capacity he led a team of 225 over a five year tenure, building up the Bank’s operations in Bangladesh.
Clarion International has been in the forefront supplying energy saving secure electrical components to over 1000 Sri Lankan companies for almost three decades. It has contributed towards saving billions of rupees for those companies in the process. Being a hundred percent local company, Clarion International (www.clarionsrilanka.com) has now introduced a range of LED bulbs and solar PV systems for the benefit of masses.
99X Technology’s unwavering emphasis on the creating a great workplace for its people was reiterated when it was ranked amongst Sri Lanka’s top 15 best companies to work for the second consecutive year, and is the only IT company in the country to be listed in this prestigious survey for two years running.