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MillenniumIT implements Smart Hospitality Solution for Cinnamon Red
08-July-2015

MillenniumIT completed the deployment of a one-of-a-kind interactive IT solution for the newest Cinnamon hotel in the city of Colombo; the lean luxury property Cinnamon Red. This solution allows the hotel to enhance their guest experience with smart solutions such as personalised welcome screens, in-room information and entertainment, better connectivity, and enhanced security. This pioneering solution is the first of its kind to be built for the local hospitality industry.

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Sri Lanka shares fall to over-12-week low
07-July-2015 Reuters

Sri Lankan shares fell to their lowest in more than 12 weeks on Tuesday led by market heavyweight John Keells Holdings Plc as political uncertainty dented investor sentiment ahead of parliamentary elections. The main stock index ended 0.31 percent weaker at 6,967.78, its lowest close since April 10.

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Intel NUC – Power in the palm of your hand
07-July-2015

For people who have been using PCs since its inception, the main problem was its power consumption. Imagine how much power these desktop PCs have drained and remember how many cooling fans we used to put inside our system units? It was a tough task for PC manufacturers and PC designers, and engineers were kept busy by their bosses to find solutions to get rid of this heavy consumption of power.

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EAP’s receives ISO 9001:2008 certification achievement for cinemas
07-July-2015

Sri Lanka's leading cinema brand, EAP Films and Theatres Ltd was recently awarded ISO 9001:2008 certification achievement, recognising the company’s commitment to the highest standards of quality and service. This achievement is a first for the Sri Lankan film and theatre industry. EAP Films and Theatres Ltd has established a position as Sri Lanka leading cinema chain in the film and theatre industry.

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Wellawatte Nithyakalyani Jewellery and Rotary Club of Colombo East to organise mega blood donation drive
07-July-2015

Wellawatte Nithyakalyani Jewellery together with Rotary Club of Colombo East is set to organise a mega blood donation campaign for the second consecutive year. The blood donation campaign will be held at the Wellawatte Nithyakalyani Jewellery office on Sunday the 12th July 2015.

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Lionel Wendt comes alive with Parisian street life
06-July-2015

Well-known media personality Kumar de Silva is back again, this time with the fifth edition of his annual series of black and white photographic exhibitions - ‘Nostalgie05’ which brings the streets of Paris to life in a trillion shades of gray as part of the current French Spring Festival 2015.

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Global employee demand for flexible working on the rise
06-July-2015
By Dr. Nirmal De Silva

With the growth of the Sri Lankan economy, companies across all industries are hiring a greater number of millennials as they continue to expand their operations. Millennials are generally known to be more tech-savvy and open to change in the office environment. In an increasingly competitive and fast-paced business environment, these millennials are well aware of the importance of the role played by flexible working to attain a better work-life balance in their jobs, in order to avoid burnout and have long, successful careers.

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Sasha Dayal shares his vision for ‘The Steuart by Citrus’
05-July-2015

Sasha Dayal, the recently appointed General Manager of The Steuart by Citrus, Colombo’s latest boutique business hotel, announced exciting plans for the hotel, drawing from his international exposure and experience in the hospitality industry. He has the vision and expertise to drive the hotel to become a world class property and one of the most favorite hangout spots in Colombo.

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MTD Walkers PLC opens Richmond Hill Residencies in Galle
05-July-2015

Wincon Development Ceylon (Private) Limited, a subsidiary of MTD Walkers PLC, together with the Ministry of Public Administration, Local Government and Democratic Governance launched it’s very first affordable housing project “Richmond Hill Residencies” in Galle. The first of its kind project in the Southern Province was declared open by the former Minister of Public Administration Honourable Vajira Abeywardena.

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Sri Lanka c.bank likely to keep rates steady until Aug. 17 polls
03-July-2015 Reuters

Sri Lanka's central bank is likely to keep key monetary policy rates steady until Aug. 17 parliamentary polls, but there could be a significant cut later if a stable government is elected, Governor Arjuna Mahendran told Reuters.

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Sri Lanka spot rupee steady; importer dlr demand offsets exporter sales
03-July-2015 Reuters

The Sri Lankan rupee was steady on Friday as a state-run bank sold dollars at 133.60 to keep the currency flat, while importer dollar demand was offset by exporter greenback sales, dealers said. On Thursday, the state bank, through which the central bank usually directs the market, lowered the dollar selling rate by 10 cents from the previous session's close of 133.70.

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AOD Graphic Students Design Spa Ceylon’s Brand New Packaging Range
03-July-2015

Graphic designers are the creative and strategic professionals who cater to some of the most critical needs of today’s industries from brand identities, corporate promotions to packaging design. Creating such young professionals for Sri Lanka is AOD International Design Campus that trains its students with hands-on industry required skills and the world renowned academic curriculum of Northumbria University UK. As part of this practical, industry relevant exercises that go hand-in-hand with world-class design theoretical training, AOD’s graphic students recently succeeded in designing the new range of packaging for Sri Lanka’s leading luxury Ayurvedic brand Spa Ceylon.

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Hameedia introduces its new range of fashionable knitted jackets
03-July-2015

Continuously setting the benchmark in the fashion industry, Hameedia, Sri Lanka’s leading menswear specialist recently introduced its latest range of fashionable knitted jackets.  The knitted jacket, is one step up from an unstructured casual blazer and is more flexible and extremely comfortable to wear. The knitted jacket is made from a textured composition of poly rayon which is known for being durable, shrinkage resistant and wrinkle-free.

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Amãna Takaful keeps its promise for the third consecutive year
03-July-2015

Staying true to the spirit of Takaful, ATL (Amana Takaful PLC) announced a payment of SURPLUS to its General Insurance Policy-holders for the third consecutive year. Following Surplus Payments of 12.5% and 15% in 2012 and 2013 respectively, the board decided to award a SURPLUS of 10% for 2014, to be distributed amongst the company’s non-claimant policy-holders. Such Policy-holders will receive their payments commencing 03July 2015.

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Gifts for all Western Union fund transfer recipients at Amãna Bank
03-July-2015

Sri Lanka’s premier non-interest based bank, Amãna Bank, in collaboration with MMBL Money Transfer (Pvt) Limited, principal representatives for Western Union® in Sri Lanka has commenced offering a special branded gift to all its Western Union® fund recipients as a value addition this season.

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SriLankan Airlines steers “Nena Pahan” youth development programme
03-July-2015

National Carrier, SriLankan Airlines implemented the fifth edition of  Nena Pahan Youth Development programme, which focuses on developing the talents of children of the Airline’s employees. Through the initiative, the Airline intends to nurture young talent and create a platform where they could grow in stature to become skilled professionals.

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GSK launches series of international webinars for doctors in Sri Lanka
03-July-2015

A new initiative using web seminars or ‘webinars’ to disseminate information to medical professionals on the latest developments in the treatment, management or prevention of diseases has been launched in Sri Lanka by GlaxoSmithKline (GSK) Pharmaceuticals. Intended to enable doctors to participate, from the comfort of their own homes or offices, in live webcasts of medical seminars conducted by global specialists, these webinars would enable a larger cross section of the medical fraternity to access the vast and ever expanding storehouse of knowledge on key diseases and the latest vaccines, the company said.

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Munchee continues to shine as a leader in innovation
02-July-2015

Ceylon Biscuits Limited (CBL), the innovator of many new taste experiences for Sri Lankan consumers recently announced the launch of Munchee BeeCee, the latest addition to their innovative portfolio of biscuit products.

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Sri Lanka’s ’15 Kunming take surpasses $2M
01-July-2015

Sri Lankan biz, facilitated by EDB strongly raged at the recent Kunming international fair in China notching initial an income surpassing $2 Mn-and some eager Lankan firms are still continuing in the mainland having been asked by keen Chinese firms to stay back and conclude initial agreements for future biz, as revealed on 30 June. “Minister of Industry and Commerce Rishad Bathiudeen and I led the Lankan delegation to Kunming Fair and this was a national level business delegation to China.

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Huawei P8 to redefine premium smartphone experience in Sri Lanka
01-July-2015

The Huawei P8 takes beauty to the next level, striking a flawless balance of artistry and creativity. Based on a deep understanding of human-machine design, the Huawei P8 delivers a new level of usability for applications impacting everyday life – at work and at play. With craftsmanship that pushes the bounds of possibility and new revolutionary light painting modes, the Huawei P8 provides consumers with an inspiration for creativity.

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Mihin Lanka ranked 3rd by Skytrax
01-July-2015

Mihin Lanka has been ranked by Skytrax as the third best low-cost airline in Central Asia and India in 2015. The airline was launched in 2007 and strives to deliver quality service by adapting to passenger needs and maintaining the highest of standards. The airline has successfully evolved into a trusted brand for travelers within the region.

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Sri Lanka shares end weaker; pre-poll uncertainty weighs on sentiment
01-July-2015 Reuters

Sri Lankan shares fell on Tuesday, hovering near 2-1/2 month lows, led by large caps such as Nestle Lanka Plc as political uncertainty before parliamentary elections weighed on sentiment. President Maithripala Sirisena dissolved parliament on Friday and scheduled elections for Aug. 17, in an effort to consolidate power and push through political reforms. The main stock index ended 0.16 percent, or 11.35 points, weaker at 7,020.80, hovering near its lowest close since April 15 hit on Friday.

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The Bath Store offers a ‘Bathroom in a Box’ at unbeatable value
01-July-2015

The Bath Store, the one stop location for designer bath ware and bathroom accessories recently announced the launch of its Bathroom in a Box promotion. Combining two leading brands including Grohe fittings from The Bath Store portfolio – the offer provides luxury bathrooms for a fraction of the cost.

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Airtel is now the third largest mobile operator in the world
01-July-2015

Bharti Airtel (“Airtel”), a leading telecommunications service provider with operations in 20 countries across South Asia and Africa, today said that it has become the third largest mobile operator in the world in terms of subscribers. As per the latest data published by WCIS, Airtel with over 303 million mobile subscribers across its operations, has moved up one position in the global rankings.

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President Opens New Dialog Corporate Headquarters
08-July-2015

Sri Lanka's premier telecom service provider, Dialog Axiata's new Corporate Headquarters in Colombo 2, was declared open by His Excellency, President Maithripala Sirisena yesterday, amongst a distinguished gathering.

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Galle Face Hotel’s Chief Concierge receives the prestigious Les Clefs d'Or international membership
07-July-2015

The Galle Face Hotel, an iconic luxury getaway that is renowned for its vintage charm and prestige, reached a new milestone recently as the hotel’s Chief Concierge received the globally renowned cross keys membership (Les Clefs d'Or) for maintaining the most superior standards as a concierge in the international hotel industry.

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CA Sri Lanka strengthens its presence globally with Chapter in Kuwait
07-July-2015

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently inaugurated yet another overseas chapter in Kuwait, as it continues to strengthen it’s presence globally. The chapter was officially inaugurated in the presence of CA Sri Lanka President Mr. Arjuna Herath, the acting High Commissioner of Sri Lanka in Kuwait, office bearers of several Sri Lankan associations, over 40 members of the institute as well as representatives of the Kuwaiti corporate community, including managing partners of leading audit firms.

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Hirdaramani, Kahathuduwa receives LEED Platinum Green Building Certification
07-July-2015

Hirdaramani Industries (Pvt) Ltd, Kahathuduwa, a flagship facility of the  Hirdaramani Group was awarded LEED Platinum certification established by the U.S. Green Building Council and verified by the Green Building Certification Institute (GBCI). LEED, or Leadership in Energy & Environmental Design, is a green building certification program that recognises best-in-class building strategies and practices.

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CEAT launches Tyre Care Clinics for leading corporate entities
07-July-2015

A new initiative to promote good tyre maintenance habits among motorists has been launched in Sri Lanka by CEAT Kelani Holdings, the company that manufactures half of the country’s tyre requirements. The first phase of the initiative comprises of mobile tyre clinics at 50 corporate entities and includes free tyre checks for air pressure and tread wear, advice on how to get better mileage and enhance safety, and free services such as nitrogen filling and tyre changing, the company said.

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Sri Lanka polls timed ahead of U.N. war crimes report to foil Rajapaksa comeback
06-July-2015 Reuters

Sri Lanka's August elections have been timed to stop a comeback by war-time president Mahinda Rajapaksa, who remarkably may see his popularity rise in coming months if criticised for war crimes in a U.N report, said government sources. Rajapaksa's crushing of a 26-year Tamil Tiger insurgency in 2009 won him support among the country's Sinhalese majority and he still has a very strong following.

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HOW WOULD THESE ICONS WORK IN SRI LANKA?
06-July-2015

Sri Lanka is growing towards a real estate investment friendly environment. The skyline of Colombo has changed drastically over the last few years with a few iconic towers coming into the city and its suburbs. At a transformational era such as this, Sri Lanka could be open to several architectural marvels. Lamudi Sri Lanka examines the possibility of building an imitation of existing global architectural giants in Sri Lanka.

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CSE conducts successful live disaster recovery exercise
06-July-2015

The Colombo Stock Exchange (CSE) conducted a successful disaster recovery testing exercise, as a part of its Business Continuity Planning (BCP), from its Disaster Recovery site on Friday July 3rd, 2015, where all trading and post trade operations took place from this remote site for a complete market day. This is the first time such an exercise has taken place and demonstrates the commitment of the CSE to ensure the robustness of system infrastructure and the preparedness of the Exchange to face a sudden and unexpected event.

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Contemporary artist Laknath Peiris to host exhibition at Leo Burnett
06-July-2015

Laknath Peiris, a London-based Sri Lankan artist will be showcasing his latest collection of work at the Leo Burnett Quadrangle located at No. 379 R.A. de Mel Mawatha on 12 July 2015, from 4.00 p.m. to 6.00 p.m. The exhibition will be held under the theme ‘Cityscapes – Bustling Colombo’ and will feature a mix of abstract paintings that depict the diversity and vibrancy of city life.

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Othara - for exhilarating outdoor training and recreational activities
06-July-2015

Outdoor recreation and training activities are now gradually trending and is well accepted by both the corporate sector and individuals in Sri Lanka. Othara is the newest addition to the exciting nature based recreational and corporate training programmes with the objective of developing the abilities of their staff to be ahead of the competitive and volatile corporate world

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CINEC unveils ship-shaped training facility on campus
06-July-2015

M. V. CINEC MARINER, the first ever ship-in campus training facility in Sri Lanka, was unveiled within the breath-taking campus premises of CINEC, Malabe. This state-of-the-art training facility was declared open by Capt. Hemraj Shetty, Director, Fleet Personnel - Seaspan Ship Management Ltd.

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Sri Lanka experience Huawei's latest flagship smartphone - P8
05-July-2015

Huawei, the fastest growing smartphone in Sri Lanka, together with Singer Sri Lanka, the exclusive national distributor for Huawei, launched the much awaited Huawei P8 at an experiential event held amidst a grand crowd at Majestic City Colombo. The launch of the device also made the new Huawei P8 smartphone Sri Lanka's most affordable premium smartphone available in the country.  Huawei together with Singer has planned a series of go-to-market activities which will provide an opportunity for locals to experience the latest flagship - Huawei P8.

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Samsung launches its revolutionary SUHD Curved TV in Sri Lanka
05-July-2015

Samsung Electronics Co., Ltd., the leader in home entertainment announced the launch of its first SUHD TV range in Sri Lanka. The innovative SUHD TV celebrates a major milestone in the UHD era, delivering superior picture quality with stunning contrast, striking brightness and spectacular colour thereby setting new industry standards and elevating the viewing experience to the next level. All Samsung Smart TVs, including the SUHD TV, will be powered by the Tizen Operating System.

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Browns Hospital Ragama conducts live Laparoscopy Workshop for surgeons
03-July-2015

Browns Hospital Ragama recently conducted a very successful live surgery workshop on Laparoscopic procedures with the participation of over 25 participating invitee surgeons in attendance. The Laparoscopic Workshop was conducted with four surgeries (TEP,TAPP and Fundoplication) in the state-of-the-art operating theatres at the Browns Hospital Ragama and transmitted live to the invitee surgeons in the hospital’s auditorium. They not only took part in the workshop but were also a part of the theatre procedures too from time to time.

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800 Riders expected for the 4th Pedal Pushers Colombo Cycle Fun Ride 2015
03-July-2015

Fun, fitness, and friendship, this is the ethos of the Pedal Pushers cycling group that was formed on the 10th of March 2010 by two enthusiasts Lalanthi Rajapakse and Dharshini Ariyaratne. With a history spanning over half a decade, the ‘Pedal Pushers’ have been pedaling their way to promote a change in the mind set of cycling, perceiving it not only as a sport but a healthy lifestyle. What began as a male dominated hobby/sporting activity in Sri Lanka, has evolved into a dynamic and well participated family outdoor activity today.

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D. Samson and Sons (Pvt) Ltd branch out their e-commerce angle with Footcandy.lk
03-July-2015

To further their market presence locally as well as globally through virtual avenues of the booming e-commerce network in Sri Lanka as of current, D. Samson and Sons (Pvt) Ltd have initiated the online shoe shopping site www.footcandy.lk for the Sri Lankan public. A much-loved and household name, that is DSI, has stepped up their mark with their latest venture where shoe shoppers can now conveniently buy shoes from not only local but also internationally recognized brands online and get it delivered free of charge, anywhere around the country.

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Representatives from top firms at CA Sri Lanka workshop on ERP Implementation
03-July-2015

The workshop on ‘Insights into Enterprise Resource Planning Implementation’ organized recently by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), saw an impressive gathering of professionals representing both private and public sectors in the country.

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‘China’s new World Bank opportunity for Sri Lanka’-Mainland Press Official
03-July-2015

Just as Sri Lanka vies for China’s booming export market, the country also yearns for imports from China-and Sri Lanka is an ‘important location’ in China’s strategic Silk Road Economic Belt project and China’s new “World Bank”, as revealed on 02 July.”Sri Lanka is an important link in China’s $40 Bn Silk Road Economic Belt, which is a mutually beneficial project for both Sri Lanka and China. We also are pleased of Sri Lanka joining the Asian Infrastructure Investment Bank (AIIB) this June” said Xiong Yan (Director-Yunnan Daily Press Group International Communication Center) on 02 July in Colombo.

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DHL honored by Great Place to Work® Institute in Sri Lanka
03-July-2015

DHL Express, the world’s leading international express services provider, has been named one of the 2015 Top 20 ‘Best Companies to Work For’ in Sri Lanka, announced recently by the Great Place To Work® Institute. This indicates that DHL has scored highly on dimensions of pride, credibility and camaraderie. In the overall rankings, DHL Express Sri Lanka is the only multinational corporation in the transportation/logistics industry to be named among the Top 20 this year.

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SLIM Brand Excellence 2015 kicks off
03-July-2015

 

Themed ‘Will you race ahead of the rest?” the 14th SLIM Brand Excellence invites brands to take up the challenge of racing ahead of the rest and fight head-on in the business world to be the “Champion”! The much awaited SLIM Brand Excellence kicked off with a briefing for media, judges and participants held at Hilton Residencies (JAIC) on 30th June, 2015. This is the flagship event organized by the national body of marketing; Sri Lanka Institute of Marketing (SLIM) with its mandate to initiate, enrich and uplift best practices in marketing.

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Commercial Bank launches new paperless Green Banking facility
03-July-2015

The Commercial Bank of Ceylon has commissioned the first of a new generation of automated cash deposit terminals that completely eliminate the use of paper, in another example of the Bank’s continuing investment in Green technology and sustainable development. Dispensing with deposit slips and envelopes, the new machine installed at the Bank’s Rajagiriya branch has a stacker that can accept and count up to 200 notes at a go, enabling customers to make deposits of up to Rs 200,000 at a time into savings or current accounts, 24 hours of the day.

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Colombo Stock Exchange deploys BoardPAC for paperless Board Meetings
02-July-2015

The Colombo Stock Exchange (CSE) has embarked on paperless meetings using iPad enabled BoardPAC technology supplied by IronOne Technologies (Private) Limited. BoardPAC is a leading iPad enabled Board meeting automation solution and is the principal platform for paperless governance in more than 15 countries regionally including Malaysia, South Africa, Singapore, Bangladesh and Indonesia.

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INFOTEL 2015
02-July-2015

 

Two decades ago, with the rapid growth of Information Technology in Sri Lanka, IT community felt the need of an extraordinary meeting place for the entire industry. In 1992 Sri Lanka celebrated the advent of the flagship ICT Exhibition Infotel. It progressed with more dynamism each time it was held.

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Inflation in June 2015
01-July-2015

Inflation, as measured by the change in the Colombo Consumers’ Price Index (CCPI) (2006/07=100), which is compiled by the Department of Census and Statistics, declined marginally to 0.1 per cent, on an year-on-year basis in June 2015, from 0.2 per cent  recorded in May 2015. Annual average inflation declined from 1.9 per cent in May 2015 to 1.7 per cent in June 2015. However, CCPI increased by 1.0 per cent from May to June 2015.

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CLA and People Business India explore the strategic role of HR in driving high performance in corporate Sri Lanka
01-July-2015

The conclusion of the workshop “Linking HR Strategy with Business Strategy” conducted by the Colombo Leadership Academy brings to an end a two-day master class on the inner workings of Human Resources best practices to create people centric businesses. The program conducted at the Kingsbury Hotel in collaboration with People Business India focused on aligning human resources with strategic business growth, articulating and implementing compelling Employee Value Propositions (EVP), identifying and developing employee potential, building a high performance organisation and business transformation through leadership transformation.

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Sri Lanka's Rajapaksa to stand for Prime Minister in Aug 17 polls
01-July-2015 Reuters

Former Sri Lankan president Mahinda Rajapaksa said he would run for prime minister during next month's parliamentary elections, a move that is likely to infuriate rights groups as he is accused of war crimes in a civil war. "I accept the request to contest the election," Rajapaksa said on Wednesday, referring to the Aug. 17 parliamentary polls when the island nation is set to choose its prime minister.

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Unilever Sri Lanka affirms commitment to Diversity and Inclusion
01-July-2015

Unilever Sri Lanka affirmed its commitment to diversity and inclusion, bagging three awards at the Professional and Career Women Awards 2015, hosted by Women in Management, at a recently held ceremony. Chairperson Shazia Syed won the award for ‘Best International Woman Leadership’, whilst the company was recognized as the ‘Best Private Sector Company for Gender Equality Promotion’. Head of Beauty Categories, Sharmila Bandara, was also recognized, winning the Silver Award for ‘Leadership Excellence in Marketing’.

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The Fairway Holdings Launches Aviation Academy
01-July-2015

Aviation is today one of the most rapidly proliferating fields characterized by high - tech advancements and savvy innovations. Fuelled by the global explosion of travel for business and tourism purposes, and transportation of goods among many other reasons, this blossoming industry offers lucrative job opportunities for those aspiring to become professional pilots.

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Sri Lanka drop Herath, Kaushal from ODI squad v Pakistan
07-July-2015 Reuters

Sri Lanka have dropped test spinners Rangana Herath and Tharindu Kaushal from their one-day squad for the five-match series against Pakistan starting on Saturday. Herath managed just two wickets in the first two tests against Pakistan before being dropped from the squad for the series-deciding third match currently taking place in Pallekele.

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Amal Cabraal and Druvi Sirisena win Carsons-sponsored 104th Shakspeare Shield Golf Tournament
07-July-2015

Amal Cabraal and Druvi Sirisena of John Keells Holdings emerged overall winners of the Carsons-sponsored 104th Shakspeare Shield Golf Tournament held last Sunday (05 July 2015) at the Royal Colombo Golf Club. The duo scored 36 points to clinch the coveted Shakspeare Shield which is named after W. Shakspeare, former Chairman of Carsons who was elected to the Committee of the Royal Colombo Golf Club in 1908.

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Hameedia now the official clothing sponsor of the Isipathana College rugby team
07-July-2015

Continuously setting the benchmark in the fashion industry, Hameedia Sri Lanka’s leading menswear specialist, recently stepped forward as the official formalwear sponsor of the Isipathana College rugby team. This is the first time that the Isipathana team has been sponsored by a formal clothing brand and the sponsorship was officially announced at a ceremony which took place at the college grounds.

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COCA - COLA AND NCRS CONDUCT WORKSHOP IN PARTNERSHIP FOR ROAD SAFETY
07-July-2015

Coca-Cola Beverages Sri Lanka joined hands with the National Council for Road Safety (NCRS), to conduct a training workshop for all Coca-Cola sales team and drivers.  The event took place at the B.M.I.C.H and resource persons were Chairman of NCRS - Aruna K. Ranasinghe, Secretary of NCRS Chatura Umagiliya, C.W. Muthukumarana, Chief Motor Traffic Advisor - Department of Motor Transport, Kithsiri Kumara, Chief Inspector of Police – Traffic Police Headquarters and Pushpa Ramyani Soiza, Officer of the National Training Officer - Emergency Service Unit at the National Hospital and Aracchilage Ruwan coordinated the program.

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RPCs shed light on least understood crop development on estates
07-July-2015

Further to recent articles in the news that present a distorted view of status of  estates held by Regional Plantation Companies (RPCs), drawing erroneous parallels to situation on estates post nationalization and later privatisation and with particular reference to crop development, the Planters’ Association of Ceylon clarifies and wishes to correct the narrative.

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Sri Lanka shares near 11-week low
06-July-2015 Reuters

Sri Lankan shares fell on Monday to a near-11-week low hit last week led by large-cap shares such as Nestle Lanka Plc and Ceylon Tobacco Company Plc on political uncertainty ahead of parliamentary elections. The main stock index ended 0.25 percent weaker at 6,989.41, hovering near its lowest close since April 15 hit on Thursday.

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SLIIT Business Faculty Helps Create Leaders in the Industry
06-July-2015

The Faculty of Business of SLIIT continues to rise up to the challenge of nurturing business leaders through its degree programmes. From the first year onwards, students are trained to have strong analytical, problem solving and communication skills paving the way for them to become successful in the real world. One such student who has benefited through the Bachelor of Business Administration (BBA) program offered by Sheffield Hallam University (SHU) at SLIIT, is Isuru Gunaratne.

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Colombo Fashion Week announces third annual season: Swim
06-July-2015

Colombo Fashion Week (CFW) announces ‘Swim’, its third annual season, in line with its objective of uplifting Sri Lanka’s fashion design industry. Swim, as a season of its own, focuses on swimwear as a specialized category, which has shown immense growth potential as an important fashion platform for Sri Lankan swimwear designers and swimwear manufacturers. Swim by CFW will be launching for the first time on 7 and 8 August at the Hilton Colombo and will continue to be an annual event.

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SriLankan Airlines, airberlin and NIKI codeshare mulls boost in tourism
06-July-2015

A new codeshare agreement between SriLankan Airlines, airberlin the second largest airline in Germany and its subsidiary NIKI was announced on July 02nd 2015, paving the way for increased tourism potential between Sri Lanka, Germany and Austria. The three airlines are set to offer daily codeshare flights between Berlin, Vienna and Sri Lanka via Abu Dhabi, which are now available for sale.

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‘Double your money,’ Commercial Bank invites remittance recipients
06-July-2015

Sri Lankans receiving remittances from overseas over the next two months can double their money, when they collect remittances from the Commercial Bank of Ceylon, the country’s largest private bank. The Bank has announced that it will pay out a million rupees in its ‘Double the Value You Receive’ promotion, to users of Commercial Bank ‘e-Exchange’ – the Bank’s sophisticated real-time on-line money transfer service, as well as to those who use MoneyGram, Ria or Express Money remittance services.

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Swadeshi Khomba illuminates “Yapauwa Raja Maha Viharaya”
05-July-2015

The Swadeshi Industrial Works PLC, the market leader in Sri Lanka for herbal personal care products, has sponsored the “Aloka Poojawa” of the historic Yapauwa Raja Maha Viharaya for the Poson full moon poya day. The illumination is done under the theme; “Swadeshi Khomba Aloka Puja Sathkaraya”.

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Sri Lanka shares end up; turnover surges on Textured Jersey block deal
03-July-2015 Reuters

Sri Lankan shares recovered on Friday from a 11-week low hit in the previous session led by market heavyweight John Keells Holdings while turnover hit a more-than-seven-week high due to a block deal in Textured Jersey Lanka. Local investors were mostly on the sidelines due to political uncertainty ahead of parliamentary elections. The main stock index ended up 0.35 percent at 7,007.05, recovering from its lowest close since April 15 hit on Thursday.

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Scan products sales force rewarded at Scan Star Awards night
03-July-2015

At a ceremonious gala event which took place at the Club Palm Bay Hotel in Marawila recently, C. W. Mackie PLC – Scan Product Division’s top sales performers were recognized for the year 2014/2015. During the event, Executive Director , C W Mackie PLC .Mr Mangala Perera, who is in-charge of Internal trading business in the C W Mackie group of companies,  emphasized on the fact that not only the winners  but also every other employee in the company will no doubt receive recognition for their loyalty and achievements in the years come.

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Hutch powers "GetnAiled" Gaming challenge for the second consecutive year
03-July-2015

In an effort to enhance the local competitive gaming standard to the international, HUTCH, has come forth as the title sponsor of "GetnAiled"  Gaming Challenge 2015. In its second year, “Get nAiled” will be held on the 11th and 12th of July 2015 at Liberty Plaza lobby area Colombo 03. The tournament is hosted by the gaming clan “n00b Alliance”, the first Call of Duty 4 clan in Sri Lanka with strategic partner Gamer.LK.

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Extra baggage? New exclusive offer from Emirates for students departing Colombo
03-July-2015

Emirates, a global connector of people, places and aspirations, is supporting students travelling for higher education from Sri Lanka to the USA, Europe or Australia, with an extra baggage allowance on outbound travel till end November. Available for travel booked online on www.emirates.com/lk this exclusive extra baggage allowance allows students travelling to USA one additional bag of up to 23kg, while students travelling to Europe or Australia receive 10kgs in addition to their 30kg allowance on Economy Class travel, the airline said.

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Lucky winner of SriLankan Airlines passenger Survey
03-July-2015

Pradeep de Almeida emerged the lucky winner of the SriLankan Airlines passenger survey draw held recently at the SriLankan Airlines office in Colombo. Since 2011 the Airline has been conducting regular surveys for passengers across the network. Started with a paper based survey form, which was later translated into 7 languages, these surveys have evolved into electronic platforms as well, enabling the Airline to capture feedback on ipads, mobile, web and feedback kiosks.

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Nawaloka Hospitals Commences Construction of Multi-Storey Car Park and Specialist Centre
03-July-2015

Nawaloka Hospitals had the ground breaking ceremony for the 14 floor multi-storey car park and specialist center adjacent to the existing hospital complex recently. With an investment of Rs. 2.5 billion, this fifth phase of expansion of capacity since the hospital’s inception, will add 450,000 square feet of floor area with state-of-the-art medical facilities for each specialization, as well as 500 additional parking spaces. Prefabrication work has already commenced and expects to complete construction by May 2016.

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Galle Face Weddings – An ‘enchanting’ ever after…
03-July-2015

The Galle Face Hotel, having witnessed many wedding ceremonies in its hallowed halls over centuries, is now introducing a new wedding experience, giving emphasis to its deep-rooted vintage Ceylonese history. With years of experience in creating luxury wedding experiences from across the world, the hotel’s management team, namely Mr. Antony Paton – General Manager, has now included to the Galle Face Hotel wedding experience a Wedding Salon, an exceptional luxury wedding planning platform.

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Brandix wins 2015 Inter-Firm Badminton Cup Championship
02-July-2015

The Brandix Group won the Cup Championship at the 2015 Inter-Firm Doubles Team Badminton tournament conducted by the Mercantile Badminton Association (MBA) beating Seylan Bank three games to one at the MBA Stadium.

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Enjoy a 10% discount at World Duty Free when you book your flight with findmyfare.com
01-July-2015

Sri Lanka’s largest online travel company, findmyfare.com is providing a 10% discount on products purchased at Sri Lanka’s premier duty free store, World Duty Free, to all customers who make their air ticket purchases online. This special offer is part of findmyfare.com’s effort to ensure that customers enjoy more benefits and added value, when travelling with findmyfare.com. The offer is valid on all non-promotional items.

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Jeevan William appointed to the Capital Alliance Board
01-July-2015

Capital Alliance, Sri Lanka’s leading full service investment bank, recently appointed Mr. Jeevan William to its Board. Since its establishment in the year 2000, Capital Alliance has become a key player in the financial markets of Sri Lanka, with a strong reputation and the ability to persistently meet client expectations by ensuring quality research, ethical dealing, confidentiality and innovation. William joins with notable experience and is dedicated to applying his diverse insights to lead the company forward to further growth and success.

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Softlogic Finance positions for greater growth in Jaffna
01-July-2015

Demonstrating its commitment to Jaffna and positioning itself to tap greater into the potential of the business boom in the area, Softlogic Finance PLC has considerably strengthened its presence in the Jaffna peninsula. Softlogic Finance’s Jaffna branch has been moved to a more convenient and spacious location at No. 62 & 64, Stanley Road, Jaffna while the new Chunnakam branch is located at No. 101 & 105, K. K. S Road, Chunnakam. The two fully-fledged branches will offer the full range of services including Business Loans, Fixed Deposits, Gold Loans, Group Personal Loans, Leasing and Hire Purchase and Savings.

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Success Media to conduct an array of programs to groom young executives, entrepreneurs and politicians
01-July-2015

Success Media is a brand name that associates itself with personality development and positive thinking programs of international caliber. The leading personality development company in Sri Lanka has also pioneered printing books on positive thinking in Sinhala language.

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"Limited Huawei P8 smartphones will be available in Sri Lanka" - Henry Liu Country Head Huawei Device Sri Lanka
01-July-2015

Huawei announced that its newest flagship smartphone, Huawei P8 will be only available in limited stocks in Sri Lanka and therefore has requested its consumers to pre-book it to avoid disappointment. Furthermore the device will also be available with selected authorized Huawei retail partners in the country.

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Textured Jersey in major overseas Acquisition
01-July-2015

Just weeks after being crowned overall victor and ‘International Textile Firm of the Year’ at the World Textile Awards in London, Textured Jersey Lanka PLC is on another mission to excel.  The Company just announced their intent to acquire Ocean India (Pvt) Ltd, further to the disclosure made last February with regard to the initiation of independent valuations and due diligence studies with a view to acquiring a controlling stake in that company.  Ocean India (Private) Limited, is a knit fabric manufacturing operation in Visakhapatnam, India (“Ocean India”).

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