Last Updated : 03-09-2014 12:12

 
 

Business

99X Technology takes gift of sight to Polonnaruwa

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Although it’s not a statistic that leaps out at one often, given the many severe health issues that ail the human populace, shockingly, in this day and age when healthcare is available to most, about 300 million of the world’s population suffers from low vision due to being unable to afford corrective lenses.

New Head of School at OSC

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After arriving in Sri Lanka in mid-July, Philip Joslin assumed his duties as the Head of School at the Overseas School of Colombo (OSC). 

NSB to raise US $ 250mn via another int’l bond issue

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State-run banking giant, National Savings Bank (NSB) is drawing up plans to sell a US $ 250 million international bond in the near future to fund its operations.

Central Bank’s Consolidation programme steaming ahead

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The Central Bank has approved a total of 29 proposals of seven banks and 22 non-bank financial institutions (NBFI) under the ongoing financial sector...

HRM Awards 2014

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The Association of Human Resource Professionals (HRP) will organize the HRM Awards, the recognized benchmark for industry best practices in Human Resources, for the 6th time in 2014.

Sri Lanka’s hard infrastructure drive phasing out: IMF

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Sri Lanka’s first phase of economic development i.e. putting the hard infrastructure in place is now gradually phasing out and thus it is time authorities shift focus...

Receiving feedback with grace and dignity is an essential leadership skill

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Last week we noticed that it is essential to know yourself in order to be authentic. It is a genuine reality.

Art of proposing turned into a thriving biz - How innovative entrepreneurship is alive

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When it comes to entrepreneurship, innovation counts more than any other business element. The spirit of innovation was the launching pad for many a thriving business; from Facebook that grew as a social networking site for campus students to Google.

MTD Walkers to foray into real estate with Wincon acquisition

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Integrated infrastructure and engineering solutions provider, MTD Walkers PLC yesterday said its board gave the approval to acquire Wincon Development Ceylon (Private) Limited (Wincon), the local unit of the Malaysian property development company, Metacorp Berhad (Metacorp), for a consideration of Rs.2.17 billion.

Seychelles gateway to Africa: Minister

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The Seychelles invited Sri Lanka t o use t heir country as a platform to dive into the virtually untapped African continent with trade and investment, at the Seychelles Trade and Investment Forum held yesterday.

USD 20 bn export target by 2020: Aiming to be mediocre

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The government has a target to increase exports to USD 20 billion by 2020 (a doubling from 2011). This target is presented as ambitious. This insight argues the opposite.  The 2020 target is rather mediocre, and it’s aiming too low. Yet, even with such a low bar, it may still be out of Sri Lanka’s reach.

Future Lankan dollar-bond issuances to attract lower yields

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The future Sri Lankan issuers will attract lower yields in the international capital markets, increasingly enabling them to tap into cheaper funds, according to a capital market expert.

Rubber products industry outlook strong despite low NR prices

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It is accepted that the future of rubber industry is tied to the global economy. The consumption of rubber worldwide during the last 10- year period had between 3.5 and 4.0 percent annually and was in line with the increase of world GDP.

BOC announces Rs.8 bn debenture issue

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The state banking giant, Bank of Ceylon (BOC) is planning to issue subordinated debentures up to Rs. 8 billion in mid-September, which is the second such debt issue within 12-months.

House of S-lon unveils the Vito range of chrome plated faucets and accessories at Construct Exhibition 2014

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S-lon Lanka Pvt Ltd, the pioneers of potable water piping systems in Sri Lanka for 57 years reached yet another milestone with the unveiling of the Vito range of chrome plated faucets and accessories by His Excellency President Mahinda Rajapakse at the Construct Exhibition 2014, Sri Lanka's largest, most prestigious and most influential Construction Industry related exhibition

IFC to invest US $ 20mn in Cargills Foods

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The International Finance Corporation (IFC), the  private sector investing arm of the World Bank, is planning to acquire an 8 percent stake in the Cargills group’s,...

Etisalat kicks off ‘Game of Tunes’ Promotion

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Etisalat Lanka recently kicked off its latest promotion ‘Game of Tunes’ launched at the Samanala Grounds, Galle to reward its loyal users of Personal Ring Back Tones (PRBT), more commonly known as Call-A-Tunes.

Becoming an authentic leader takes mental discipline

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He who knows others is wise: He who knows himself is enlightened.’ This statement by Lao- Tsu, philosopher and poet of ancient China, is a good opening point to begin this article.  Knowing ‘who you really are’, or being authentic and holding true to yourself in the most difficult moments.......

SL shifting towards premiumisation – Nielsen SL Chief

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Sri Lankan consumers are increasingly becoming more brand conscious and are shifting towards premiumisation while their choice between international and local brand consumption is also getting narrowed, according to a top executive of a global market research firm.

Sri Lanka-Vietnam trade link established in Hanoi

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The first ever Sri Lanka-Vietnam official trade mechanism went live in Hanoi this week (August 21). A six-member team led by Industry and Commerce Minister Rishad Bathiudeen is currently in Hanoi for the talks to setup this first official trade mechanism.

Amãna Bank once again extends support to SEF Scholarship Program

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Amãna Bank made a generous contribution for the second consecutive year to the Serendib Educational Foundation (SEF) in providing financial assistance and scholarships to deserving students who are capable of pursuing their studies but are unable to do so due to financial constraints.

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Protest demanding salary increase
Launch of ‘Adara Ankura’
Remembering Anagarika Dharmapala
Harin in Passara
Protest demanding salary increase
Launch of ‘Adara Ankura’
Remembering Anagarika Dharmapala
Harin in Passara