For anyone looking to clear stored away unused appliances or household items this season ikman.lk is the ideal online option. The site provides a great platform to make some money by selling these items in a manner which won’t cost a cent. Alternatively, finding the ideal gift for a loved one at a reasonable price at this time of the year can be quite a challenging task.
History is being made by Industrial Asphalts (Ceylon) PLC by introducing for the first time in Sri Lanka the full range of color to anti-corrosive paints. Upto now anti-corrosive paints were available only in 4 basic colors.
The CIC Sports Club recently organized a blood donation campaign at the CIC Head Office in Colombo. A total of 73 CIC employees donated blood at the event which was attended by Samantha Ranatunga, Managing Director/CEO, CIC Holdings PLC and employees from the company’s different divisions. As a token of appreciation, all employees who participated in the initiative were given a special gift pack.
The Institute of Indigenous Medicine (IIM) in Sri Lanka has an illustrious history of being the center of excellence in the field of Ayurveda, Unani, Traditional Medicine and Allied sciences in training, education, clinical and research of indigenous medicine practices. In 1929 it was founded as the College of Indigenous Medicine under the first Principal Captain Dr.A.N.N Panikkar and was upgraded and affiliated to the University of Colombo in 1977. The first Director of the IIM was Pandith K.G.P Jayathilake.
Continuously setting the benchmark in the men's fashion industry, Hameedia, Sri Lanka’s leading menswear specialist, recently became the title sponsor of the Envoy Golf Classic tournament which was held on the 13 December at the Royal College Golf Course. Conducted by the Don’s Royal Colombo Golf Club (RCGC) of the Old Boys’ Association of D.S. Senanayake College, the monthly medal tournament brought together well over 250 local and international golfers.
Mihin Lanka is Sri Lanka’s national low-cost carrier and takes great pride in connecting its customers with the rest of the region and the world. Dedicated to offering a comfortable flying experience at an affordable price, Mihin Lanka provides convenient flights to an array of popular destinations. The airline has long been recognized for its commitment to providing exceptional hospitality and in a recent customer testimonial Piumee Vithanage, Miss Tourism Sri Lanka 2013, shared her personal Mihin Lanka travel experience.
Oman Air the national carrier of Sultanate of Oman, and Standard Chartered, through its award winning Aviation Finance team, Pembroke, have signed a Sale and Operating Leaseback transaction for three B737-800 aircraft. The first two aircraft were delivered in November and December 2014, with the third delivery planned for February 2015.
J L Morison Son & Jones (Ceylon) PLC, in commemoration of its Diamond Jubilee, released “A Chronicle of J. L. Morison Son & Jones (Ceylon) PLC”, a coffee table book narrating its origins and development through the years.
The first copy of the book was presented to Mr. Reggie Abeyawira, former Chairman of J L Morison Son & Jones (Ceylon) PLC, who served the Company for six decades and Mr. Husein Esufally, Chairman of Hemas Holdings PLC by Mr. Trihan Perera, Managing Director of J L Morison Son & Jones (Ceylon) PLC.
Lamindu Rainika is the new winner of the Sri Lanka Open Golf Championship title for 2014. Playing very steady golf right through and totaling a score of 244 (81+83+80), Lamindu won by 11 strokes over runner - up H.Prashan Lakshitha who carded an 87 in the final round totaling 255.
In the world of technology nothing stands still. Today, we frequently see new mobile and computing devices come to market offering a whole host of innovations, while IT gathers and manages unprecedented and incomprehensible volumes of data from a plethora of everyday objects. The rapid pace of innovation we’ve seen across all IT will continue into 2015 to usher in the Era of Integration; a time when technology and computational power will no longer be an adjunct to our daily lives, but an integral, immersive and all-encompassing part.
Colombo Stock Exchange (CSE) announces the changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2014 annual index rebalance as follows.
S&P Dow Jones Indices today announced that effective from the December 22, 2014 (after the market close of December 19, 2014), Asian Hotels & Properties PLC (CSE Ticker: AHPL, Bloomberg Ticker: AHPL SL), C T Holdings PLC (CSE Ticker: CTHR, Bloomberg Ticker: CTHR SL) and Hayleys PLC (CSE Ticker: HAYL, Bloomberg Ticker: HAYL SL) will be removed from the S&P Sri Lanka 20 index as they no longer qualify for index inclusion.
Emirates expects this week to be its busiest of 2014, as travellers head home or abroad for the holiday season. Over 80,000 people will travel on 19 December with Emirates on over 240 flights, according to the airline's latest booking figures. This represents an increase of almost 23% over last year.
The Middle East’s largest high street fashion retailer Splash is set to open its newest store in Colombo on December 15,2014. This will be thenewest addition to the city’s flourishing fashion landscapejust in time for the holiday season.
Located at its flagship addressNo 175, New Bullers Road, Colombo 4, Splash is one of the celebrated brand offerings in the expanding portfolio of Softlogic Brands Pvt. Ltd a fully owned subsidiary of Softlogic Holdings PLC and the master franchisee for Splash in Sri Lanka.
With a history spanning nearly five decades, Sunshine Healthcare (SHL) strives to promote better health for all Sri Lankans. Working with all stakeholders SHL supports the quest for higher quality and improved healthcare outcomes helping to chart the course toward a stronger and healthier nation.
Citihealth Imports (Pvt) Limited, as one of the fastest growing pharmaceutical companies , is ranked among the top 10 pharmaceutical companies in the country. Its product portfolio includes a diverse product range from leading Pharmaceutical Manufacturers focusing on drugs for Thalassemia, Anti-asthmatic, HIV, Tetanus vaccines and a range of rehabilitation products.
One of Sri Lanka’s leading Australian Migration Consultants - Australia Gateway, the Sri Lankan arm of Melbourne-based Fairfields Lawyers has embarked on aggressively promoting investment, trade and immigration opportunities in the Continent, in the light of its latest immigration-friendly visa regime.
People’s Leasing & Finance PLC the leasing giant, market leader and the largest finance company in the non-bank finance sector in Sri Lanka is progressing from strength to strength gaining recognition from the leasing fraternity and the corporate sector.
The Institute of Indigenous Medicine in collaboration with the University of Colombo and the University Grants Commission of Sri Lanka will present the 2nd International Conference on Ayurveda, Unani, Siddha and Traditional Medicine and Ayu-Expo 2014 from 16-18 December. The inauguration of the event will be held at Water’s Edge, Battaramulla followed by scientific sessions at the Institute of Indigenous Medicine in Rajagiriya.
In the aftermath of the successful Lanka-Belarus Trade talks on 09 July in Colombo, comes the first ever trade breakthrough, as revealed on 11 December- and the first beneficiary of Belarus’ is no less than Lankan exporter. “Our Joint Commission talks in July have brought results. I welcome the Government of Belarus’s initiative to remove Sri Lanka from the list of off-shore countries with effect from this November” said Rishad Bathiudeen (Minister of Industry and Commerce of Sri Lanka) on 11 December in Qatar.
Kelani Cables PLC going from strength to strength conducts its Kelani Visura workshop on wire laying in electrical systems for electrical technicians and novices throughout the country. The latest workshop was held at Moratuwa Ramadia Ranmal hotel to electrical technicians in the vicinity. Here the participants were taught of the very latest methods of laying wires.
In a major renewal of its economic cooperation with Sri Lanka, World’s ICT innovation leader has announced that it is ready to form a joint Business Council with Sri Lanka for the first time, as revealed on 04 December-and Lankan ICT start-ups have received a breakthrough invitation to showcase themselves at one of world’s top-tier start-up events in 2015. “It is time that we establish a Finland-Sri Lanka Business Council for B2B activities. Such a mechanism will kick-start the process.
With numerous reports of celebrity diets and amazing figure changes, it is easy for us normal folk to assume what really makes for change. The right approach to a fit body and good health is maintaining a balance of regular workouts as well as eating more nutritious meals, but the challenge has been to find expertly-formulated, healthy meals in Colombo. Now, a health restaurant concept, dedicated to living a fit life will soon make its debut and meet this need.
One of Sri Lanka’s largest steel manufacturers, CN Steel affirmed its commitment to produce fine quality steel bars and rods of high yield strength using the state-of-the-art QST technology by Thermex, the globally recognised German company that produces steel designed to suit all construction needs that vary from homes and high-rise buildings to bridges and other infrastructural projects.
Capital Alliance, Sri Lanka’s leading full service investment bank recently advised Hemas Holdings PLC (HHPLC) on the sale of the company’s controlling stake of Hemas Power PLC (HPWR) worth Rs. 1.68 billion. CAL acted as the sell-side advisor for the deal which was a landmark transaction for Hemas Holdings PLC. The company sold its power business as part of an ongoing strategic effort to concentrate on its core business areas of Wellness, Leisure and Mobility.
Over 200,000 passengers have used Emirates’ free onboard Wi-Fi since October this year, taking advantage of the airline’s service to connect with family, friends or colleagues when they fly.
On most Emirates A380s passengers can access 10MBs of free data, enough to send emails, blog, tweet, post on Facebook, or browse the Internet.
Metallics, neon colours, laser cuts, sequins and leather vied for attention when Brandix, Sri Lanka’s inspiration-driven apparel manufacturer, brought the curtain down on the ‘Fashion Innovation Runway’ of the Sri Lanka Design Festival (SLDF) with a show-stealing segment. In-house designers and the products of several business units within the Brandix Group came together to present ‘Urban Collective’ – an assortment of purpose-designed casual wear, active wear, lingerie, lounge wear, sleep wear and evening wear that held the audience spellbound.
Sri Lanka’s January – October YoY exports have surged by almost 9% while an export product that recently faced volatile EU markets showed a promising turnaround, as revealed on 09 December. “For the month of October 2014 alone our provisional exports were at $ 900 Mn- and this is only merchandise exports without taking into account of service exports such as ICT” said Bandula Egodage (Chairman & CEO of EDB) on 09 December.
Sri Lanka’s present Government under the patronage and the leadership of the President Mahinda Rajapaksa and with commitment of Gotabhaya Rajapaksa in his caliber as the Secretary to the Ministry of Defense and Urban Development has initiated landmark massive infrastructure development projects with a view transforming the City of Colombo to a Cleaner and Greener beautiful Financial Capital in Asia.
Siyapatha Finance (SFL) the finance and leasing arm of Sampath Bank PLC opened its 16th branch in November this year; conveniently located at Main Street in Ratnapura. The company is known and trusted for its exemplary service standards and commitment to customer convenience.
Hayleys Advantis, the Transportation and Logistics arm of diversified blue-chip conglomerate Hayleys Group, entered into a joint venture in Myanmar with Kusuhara Transportation Company Limited of Japan and Myanmar Sedate Shipping & Logistics Company Limited. The agreement was signed recently in Yangon, Myanmar with the participation of representatives of the 3 companies.
The Mergers and Acquisitions Workshop of the Year organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) which featured a Wall Street mastermind earned high acclaim from participants representing some of the country’s top corporates including leading banks. The three-day sell out workshop covered critical aspects of mergers and acquisitions in today’s business context was jointly conducted with Euromoney Training LLC and featured Andrew Regan, a former consultant for some of America’s famous business tycoons.
Asian Alliance Insurance PLC, that is part of the Softlogic Group, is delighted to announce that it was awarded Silver in the “Insurance Category” with a further Silver Award for Overall Excellence in the “Large Companies Category” at the ‘National Business Excellence Awards 2014' which was held at the Colombo Hilton Grand Ballroom on the 16th of December 2014, amidst an eminent gathering of top corporate personalities.
Leo Burnett Sri Lanka’s integrated PR arm Arc Worldwide, was recently recognized as the Best Corporate Communications Team of the Year at the prestigious South Asia Agency of the Year (AOY) Awards 2014 which took place in Mumbai, India. The team also secured a bronze award for PR Agency of the Year, which added to its string of accolades and awards for 2014.
Intel will play a key role in this year’s ‘Unity Plaza IT Shopping Festival’ by bringing cutting-edge technologies powered by Intel, to Sri Lankan consumers.
The one-of-a-kind IT festival taking place at Sri Lanka’s mall for IT retailers and multinational companies, was introduced in 2013 to showcase the leading IT brands in the world and the latest technologies on offer.
Featured speakers at the recent 'Oracle Executive Seminar: Innovation in Practice' discussed ways in talking about how to drive down the complexity at data centers and simplify IT by adopting Engineered Systems to save cost, time, space, while enabling the businesses to embrace newer concepts like 'social' and 'mobility'.
Lamudi.lk hosted its first annual Real Estate Market Conference at the BMICH banquet hall on Thursday, December 11th, 2014. Gathered together were experts from across the field of real estate, including valuation experts, agents, developers and researchers.
The national ICT solutions provider, Sri Lanka Telecom (SLT), has once again reaffirmed its support as a lead sponsor to the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) for 2014/2015. Group CEO of Sri Lanka Telecom PLC, Mr. Lalith De Silva stated, “Sri Lanka Telecom has partnered with CA Sri Lanka for several years now since we truly appreciate their commitment and outstanding contribution towards developing the accountancy profession in Sri Lanka.”
The official launch of Prima Kottumee calendar for the year 2015 and the gala fashion show was held on 18th December 2014 at the Stable, Park Street Mews before an exclusive audience of media, fashion and entertainment industry personalities. Prima Kottumee, a popular brand which has captured the youth with its characteristic vitality, has, for the 6th consecutive year, produced an exclusive calendar with a special focus on youth and stressing on the brand’s ‘Hot & Spicy’ nature.
The Sri Lanka operations of GlaxoSmithKline (GSK) won four National Business Excellence Awards (NBEAs) including the award for the overall runner-up among all awards recipients at the 2014 edition of this prestigious annual awards event. GSK’s rich haul of two Gold and two Silver awards affirmed the company’s commitment to sustained business excellence and its contributions to the economic progress of the country.
Asia’s largest synchronized forum for professionals – ‘Momentum’ was concluded a short while ago with over 2300 business leaders and industry professionals attending. Held simultaneously at four locations – Cinnamon Grand, Cinnamon Lakeside, Hotel Galadari and Hilton Colombo Residencies - this marked the first time in Sri Lanka that a synchronized forum was held.
Coca-Cola’s global campaign aims to inspire people everywhere to look beyond the presents and “Make Someone Happy” in small but meaningful ways. A 60-second TV ad celebrates generosity and togetherness and shows that all it takes to make someone happy is an act of opening one’s heart.
The story opens with Santa Claus enjoying an ice-cold Coca-Cola in his North Pole workshop. Through his “Make Someone Happy” book, he watches from afar as scenes of happy holiday moments unfold – from a young girl giving her mother a handmade drawing, to a stranger handing an umbrella to a woman caught in the rain, to a doctor bringing his late-night staff a turkey and Coca-Cola. Jimmy Durante’s 1965 classic “Make Someone Happy” appropriately serves as the ad’s soundtrack.
One hundred and twenty five of Sri Lanka’s leading tyre dealers celebrated their success in style in Malaysia recently when they were felicitated at a grand awards ceremony by CEAT, the highest-selling tyre brand in the country. The 2014 CEAT Dealer Convention took place at the Swiss Garden Hotel, Kuala Lumpur, as part of a three-day visit to Malaysia organised by CEAT Kelani Holdings in appreciation of the contribution of these dealers to the company’s achievement of sales of Rs 11 billion in 2013-14.
In a renewed effort aimed at fostering a stronger culture of corporate governance and sustainable corporate performance in the country, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) together with the Securities and Exchange Commission of Sri Lanka (SEC), recently paid tribute to ten distinguished Chairpersons of Public Listed Companies for demonstrating visionary leadership and governance in achieving sustainable corporate performance.
As the promoters of the pioneering venture declared that their effort would remain independent and apolitical, Sri Lanka’s first mass media outlet aimed at the country’s 1.9 Mn Muslim community was unveiled on 16 December in Colombo-and Muslim Media Forum, an influential Muslim community voice in Sri Lanka called the effort a ‘historic event.’ “This is indeed a historic occasion. We are totally apolitical, inclusive and not in any way divisive.
Sri Lanka’s leading clothing manufacturer Emerald recently teamed up the creative agency Asenshal to break all boundaries and take advertising to new frontiers with its ground-breaking television commercial (TVC) for the RUNN brand of innerwear. Launched a couple of weeks ago on radio, television and on the internet, the commercial We get our Guys features up and coming YouTube sensation Tharindu Wijesekara (aka Gappiya). It reached over combined 60,000 views within the first week, as per statistics from the RUNN Official Facebook Page. The TVC reached massive virality with people creating memes from screenshots and sharing it with friends online.
In keeping with the direction issued by the Monetary Board at its meeting held on 26th May 2014, the Central Bank has continued the implementation of the second phase of restructuring of The Finance Company PLC (TFC) in order to further stabilise the Company and move it to a profitable level,in terms of the provisions of the Finance Business Act No. 42 of 2011. Already, a new Board of Directors has been appointed and a new business model has been implemented by the TFC under which the company is expected to broad base and rationalize its business activities.
Oman Air welcomed VIPs, Travel agents and journalists aboard its celebratory inaugural flight from Muscat to Jakarta on Sunday 14th December 2014. The new service will be available from 12th December and will offer four flights per week aboard Oman Air’s award-winning Airbus A330s. The inaugural flight was preceded by a cake-cutting ceremony at Oman Air’s First and Business Class check-in area at the Muscat International Airport. The event was attended by Chief Guest His Excellency Nasser Bin Khamis Al Jashmi, Under Secretary for the Ministry of Finance, who also joined the flight to Jakarta.
Happy Sri Lankans (http://www.happysrilankans.com/), a digital community and a collaborative platform which spreads Happiness connecting Sri Lankans in the country and all around the world was launched recently. The launch ceremony was graced by Chief Guest, Business Leader Dilith Jayaweera and Guest of Honor, new generation PR practitioner - Ashan Kumar Managing Director PR Wire and other well wishers at Cinnamon Red Hotel Colombo.
The inaugural convocation of the Chartered Tax Advisor programme of the Faculty of Taxation of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) was held recently where students who had completed the course were awarded the distinguished Chartered Tax Advisor status. President of CA Sri Lanka Mr. Arjuna Herath stated that over the years, the CA Sri Lanka Faculty of Taxation has made vast contributions by way of educating professionals on various tax related issues.
One of the world’s most respected newspapers, the Times of London, has named all three of Uga Escape’s currently active properties to a list of the top twenty boutique hotels in Sri Lanka.
The article, which appeared in the paper’s ‘Destinations’ section recently, lavishes praise on Uga Escapes’ acclaimed boutique properties, which have already won numerous industry awards, as well as certificates of excellence earlier this year from the trusted consumer review web site Trip Advisor.
Shift Solutions, Sri Lanka’s leading creative digital agency will soon launch the first-ever hologram in Sri Lanka – a life sized projection of President Mahinda Rajapaksa delivering a live speech. The hologram will be projected at the SLFP Youth Rally in Ratnapura on Monday to convey a Presidential message to the youth of the country. Shift Solutions is the first company in Sri Lanka to bring state-of-the-art hologram technology to Sri Lanka, and is now equipped to provide the marketing communications industry with a gamut of cost-effective, high quality hologram solutions that use overlays of digitally generated content as well as reflective techniques and structures to create real life imagery.
The Department of Census and Statistics today launched their publication ‘Key Findings of Census of Population and Housing’ at a seminar held in Oak Room, Cinnamon Grand Hotel. The chief guest at the event was Mr. Basil Rajapakse, Cabinet Minister of Economic Development. The event was further graced by Mr. S.R. Attigalle, Deputy Secretary to the Treasury and many Heads of Ministries, Members of Parliament as well as the leaders of the other parties.
Asian Alliance Insurance PLC which is part of the Softlogic Group is proud to announce that its Annual Report was awarded Bronze in the Insurance Sector at the 50th Annual Report Awards Competition conducted by The Institute of Chartered Accountants of Sri Lanka at a glittering event that took place at the Nelum Pokuna Theater on 9th December 2014. This year’s competition saw the participation of over 130 organizations in this most prestigious event that is celebrating its Golden Jubilee year, being conducted for the 50th Year without interruption.
For the first time a Sri Lankan Architectural Practice - Robust Architecture Workshop - won the Bronze award in the main category of the regional 4th international Holcim Awards. The Holcim Awards is open to architects, planners, engineers, project owners, builders and construction firms that showcase sustainable responses to technological, environmental, socioeconomic and cultural issues with contemporary building and construction.
Home-grown clothing label, Tropic of Linen, is set to open a boutique in Colombo on December 13, 2014. Specialising in premium linen apparel for men and women, Tropic of Linen has been retailing at the Orchid House, at the historic Galle Fort heritage site, for over seven years. However the opening of the Colombo boutique, situated at No. 1 Wijerama Road, Colombo 7, marks the brand’s first exclusive store.
Ontv.lk, a website that allows Sri Lankans to be up to date with their daily television schedule, was launched recently with support to all major TV stations in Sri Lanka.
This online TV guide will allow people to be informed and updated on all TV programs of all the channels available in Sri Lanka. With a viewership of 85,000 since launch a month back, it clearly indicates the pressing need for a TV schedule that is updated.
NOLIMIT won the Silver Award in first category at the recently concluded SLITAD People Development Awards 2014 organised by the Sri Lanka Institute of Training & Development for their efforts in prospering its human capital.
The second-round lucky winners of the Nature's Secrets Body Lotion consumer promotion were recently declared at the Nature’s Secrets Head Office in Millewa, Horana. The four lucky Nature’s Secrets fans, selected by raffle draw,will receive ‘Honda Activa – i’ scooters each worth Rs.200,000/=
On 10th December 2014 the Maju Group of Malaysia entered into a joint collaboration arrangement with the Ministry of Transport of Sri Lanka. This was pursuant to visits by officials of the Ministry of Transport of Sri Lanka to Malaysia with a view to studying various modalities to transform the public transportation infrastructure in Sri Lanka. An exchange of documents formalizing this joint collaboration arrangement was signed by The Hon. Secretary of the Ministry of Transport of Sri Lanka, Mr. Dammika Perera and Mr. Roslan Shariff, the Managing Director of MajuTMAS, a member of the Maju Group of Companies.
Leo Burnett Solutions Inc. (LBSI) marked yet another milestone in the annals of the Sri Lankan communications industry yesterday by winning the most number of awards by a single agency at the Campaign Asia’s prestigious South Asia Agency of the Year Awards 2014. LBSI and its PR arm Arc Worldwide won gold for Best Corporate Communications Team of the Year and a bronze for PR Agency of the Year. Sithum Walter of LBSI was awarded gold as the Young Achiever of the Year. The agency was recognized with silver for the Best Digital Agency of the Year and also bagged a bronze for Creative Agency of the Year.
Sri Lanka’s national carrier and oneworld member, SriLankan Airlines, continuing its extensive wide-body re-fleeting programme, took delivery of its second Airbus 330-300, on Friday, 19 December 2014. The new aircraft named “The City of Sihagiri ” will be utilised on the major Far Eastern markets of Canton, Shanghai, Beijing and Hong Kong.
Regus Sri Lanka’s concept of Virtual Office Solutions is catching on locally as more clients sign on for this unique service. This solution by Regus, a model successfully deployed across the world, enables home-based, start-up and small businesses to obtain an impressive business presence and project a professional image to their clients without the need of renting a physical workspace.
Lions Health, the global creative festival for the healthcare communications industry, has today announced that Andrew Spurgeon and Rob Rogers will lead the juries at next year’s awards.
Andrew Spurgeon, Executive Creative Director, Langland, will preside over the Health & Wellness jury, judging consumer products and education & services campaigns. "Digital has really levelled the playing field, giving great ideas unprecedented reach regardless of category,” comments Andrew, “I’m looking forward to seeing how health and wellness brands are taking advantage of this, escalating connectivity with ideas that reach people in new and ever more meaningful ways.”
On any day, the average consumer is exposed to constant messages about beauty and appearance. Television, print publications and social media advertisements tell people that it is important “to look good and be attractive to succeed in life”. People are encouraged to use cosmetics, and clothing, buy beauty enhancing products, join weight-loss programs, or ask their doctors to prescribe drugs that facilitate these requirements. In addition there are many other topical feature, magazine and discussion programs that promote and engage in dialogues that encourage viewers to undergo an extensive regimen of cosmetic surgery, dieting, exercise, and other procedures to look and feel good.
Continuing to offer tailor-made products to meet the diverse needs of its customers, Amãna Takaful, the only fully-fledged Takaful operator in the country and the flag bearer of the Takaful way of insurance in Sri Lanka, recently introduced the ‘Crystalline’ policy for women. ‘Crystalline’ is an insurance policy which is designed specifically to support the health and well-being of women across the country.
Premium boutique linen brand, Tropic Of Linen, was launched on 13th December 2014 at its strategic location at No. 1 Wijerama Mawatha, Colombo 7. Specialising in high quality linen wear, the exclusive boutique showcases an exciting blend of contemporary and classic clothing for men and women. Tropic Of Linen offers its customers ‘a taste of island living’ and a leisurely shopping experience in a spacious and tastefully styled showroom. The brand aims to create designs that flatter varying figures.
The ‘In…On the Green’ recently announced the launch of two new events in line with their seasonal celebrations to end the year in grand style.
The heart of Colombo will be ready to be set alight as Sri Lanka’s finest pub, ‘In…On the Green’ hosts several parties to bring on the happiness this Christmas season. Look forward to an unforgettable experience at the Christmas party on the 24th of December (Wednesday) from 7 p.m. onwards and move to tunes of DJ Glow Funk.
Sunshine Holdings PLC won Silver at the Annual Report Awards competition organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently. Winning under the Diversified Holdings (upto 5 subsidiaries), this is the conglomerate’s second award for its annual financial reporting, winning bronze last year under the same category.
“We like to keep things simple. Our Annual Report, this year too, follows the same principle. It is important that we present our information simplistically, making it easy to understand. Couple this with the standard terms of disclosure, good governance, and the standards set out by CA Sri Lanka – and you have a winning combination,” said W.D.P.L. Vithanage, Group CFO, Sunshine Holdings PLC.
Sri Lanka’s life insurance leader Ceylinco Life has announced that the company’s Life Fund exceeded Rs 60 billion at the end of November 2014, and is a strong indication of the financial strength of the company. Ceylinco Life is the fastest among local life insurers to achieve a Life Fund of Rs 60 billion, the company said.
In its continuing efforts to ensure Chartered Accountants complied with the highest standards of professional ethics, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently launched the 2014 edition of the Code of Ethics for Professional Accountants publication.
Senok Automobiles Private Ltd, a fully-owned subsidiary of Senok Trade Combine Ltd., introduces the New Audi A3 to local motor enthusiasts at the Hilton Colombo Residencies.
The Audi A3, the premium compact bestseller from the brand with the four rings, is the 2014 World Car of the Year. This is the second overall title for Audi in the ten year history of the World Car of the Year Awards as the Audi A6 won the inaugural overall title in 2005.
The Coffee Bean and Tea Leaf, Sri Lanka’s premier specialty coffee shop and lifestyle brand, has launched their new range of Christmas products and gifts, including a special range of drinks, cakes, cookies, macaroons, and gingerbread men, and the annual tradition of a Xmas coffee bean mug.
The Emirates Group has published its fourth annual Environmental Report which measures and tracks the Group’s environmental performance, as well as identifies examples of best practice across the 75,000 strong workforce.
Top conglomerate, Brown & Company PLC opened its newest Lucas Battery Premium Service Centre today. Located down Kynsey Road, this centre will be a one-stop-shop for all automotive battery service requirements and auto-electrical diagnostic needs.
Logiwiz Limited supported the call for logistics sector training and education, partnering with the Institute of Supply and Materials Management [ISMM], for their 2014 conference held under the theme ‘Driving Economic Growth through Competitive Supply Chains’. Partnering with ISMM for the second consecutive year, Logiwiz joined this year’s conference as the preferred 3PL Sponsor. The conference focused on areas such as logistics excellence, the future of good procurement practices and conquering global markets through flawless supply chain execution. By partnering with educational institutes such as the ISMM, Logiwiz aims to promote logistics education and advance the knowledge on Supply Chain Management in Sri Lanka.
The Municipal Solid Waste to Energy pilot project in Sri Lanka inaugurated its construction for the 3rd and final stage of the three phase plan at Kaburupitiya – Matara recently. The inauguration was held for the technological part for the 3rd phase of the project under the patronage of Chairman CEA Mr. D. W. Prathapasinghe with Mr. Michael Quyn and Mr. Amindra Wimalasena - Chairman and Managing Director of Biogreencycle (Pvt) Ltd.
SriLankan Airlines, the national carrier of Sri Lanka, launched its newest aviation integrated training institution, SriLankan Aviation College last Friday, opening up a world of opportunities for the aspirant youth to take their first step towards an exciting career in aviation.
With over three decades of experience in training aviation professionals to fulfil the Airline’s manpower needs, SriLankan Aviation College, brings together the Airline’s much acclaimed training centres; SriLankan Technical Training and International Aviation Academy.
Organized by ‘Professionals for a Stable Sri Lanka’; Momentum, Asia’s largest synchronized professional forum will be held on Wednesday 17th December, 2014. To be held simultaneously at four locations – Cinnamon Grand, Cinnamon Lakeside, Hotel Galadari and JAIC Hilton Colombo Residencies – the forum will feature top professionals in business and social sectors, sharing their insight on the significance of stability on the business and economic landscape of Sri Lanka.
Excel World will once again host the popular Snow World 2014 commencing on Friday, 5th December running upto the 4th of January 2015. Snow World will be open from 6pm – 10pm daily. On its 12th year, Snow World, like every year comes complete with a host of exciting prizes and surprises for children and adults as well.
Sri Lanka’s external sector made satisfactory progress during the period from January to October 2014, with continued foreign currency inflows in the form of earnings from exports, workers’ remittances and tourism as well as inflows to the financial account. The external sector is expected to improve further during the remaining period of 2014 with inflows to the current and financial accounts of the Balance of Payments (BOP). Tourist earnings are expected to increase with the commencement of the peak tourist season in November and workers’ remittances are expected to rise during the festive season.
Mobitel, today relocated its Jaffna branch on Kankasanthurai Road to an all new state- of-the-art ‘Customer Experience Center’ at the Rubarn Complex. The flagship store will be fully equipped to cater a myriad of services such as the latest 3G, 4G and LTE technology. This will give opportunity for the Northern region customersto experience the newest smartphones, tabs and data devices and to enjoy many services designed to serve the most enjoyable ICT experience.
The Emagewise portfolio of clients performed exceptionally well at the 50th Annual Report Awards, claiming 14 gold awards, including the coveted Gold Award for overall excellence in Annual Financial Reporting for John Keells Holdinsg PLC and the Overall Bronze for Sampath Bank PLC. The awards, organised by CA Sri Lanka at the Nelum Pokuna Theatre, saw Emagewise clients also walk away with 10 Silver Awards, 8 Bronze awards and 15 certificates of compliance.
Samsung Electronics, Sri Lanka’s leading electronics company, today announced the launch of its first-ever Customer Service Plaza at No. 515, Darley Road, Colombo 10. The new service centre is a revolutionary concept that aims to deliver the best in class after-sales service exclusively for Samsung customers. The plaza’s opening ceremony was attended by H.K. Chang, Managing Director, Samsung Electronics India - Sri Lanka Branch Office and the senior management of Singhagiri.
MasterCard announced the appointment of R. B. Santosh Kumar to the role of country manager, Sri Lanka and Maldives. Marking 25 years of bringing world-class secure payment solutions to the market, MasterCard has also announced plans to launch a local representative office in Colombo early next year.
Commercial Bank’s Annual Report Best among private banks in South Asia 11-December-2014
The 2013 Annual Report of the Commercial Bank of Ceylon PLC has won two key awards at the Best Presented Annual Report Awards presented by the South Asian Federation of Accountants (SAFA), reaffirming the high quality of the Bank’s financial reporting standards.
Mahapola Lotto has signed on as the main sponsor of the second annual PABALA MELA, a five-day musical showcase and carnival to be held from December 19 onwards at the Public Grounds in Hikkaduwa.
Featuring nationally popular musical guests such as Flash Back and Purple Range, amongst many others, as well as regional and defence forces stars and carnival rides, games, dance acts and demonstrations by the Sri Lanka Light Infantry Regiment.
Christmas shopping is set to scale new heights this year as Arpico Supercentre unveils a spectacular seasonal makeover at its flagship store at Hyde Park Corner, projected by the retail giant as “Where Christmas Begins.” A 20-foot Christmas tree with decorative gift boxes stacked below and lit gift boxes at the entrance provide an inkling to shoppers of the dynamic shopping experience that awaits them in this sprawling complex this festive season.
Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, was awarded special recognition in the “Excellence in Human Resource – South Asia (Excluding India) & Middle East” category at the Society for Human Resource Management (SHRM) India HR awards.
On any given day, over 60 different wines, champagnes and ports, sourced from the best vineyards in 11 countries, are served onboard Emirates to passengers in all classes. Representing a long-term investment of over US$500 million to date, Emirates’ wine programme is a critical component of its inflight dining experience. As with every aspect of its service, wine selection and planning is undertaken with meticulous care.