Amãna Bank wins its 4th IFN accolade

Amãna Bank, Sri Lanka’s first and only licensed commercial bank operating according to the doctrines of Islamic banking, has triumphed once again at the world renowned Islamic Finance News (IFN) Awards Ceremony by claiming the coveted ‘Best Islamic Bank in Sri Lanka’ accolade.  The IFN Awards which are based on a global poll conducted in 2014 by the Malaysia-based RedMoney Group recognizes the best providers of Islam

Coca-Cola wins sliver at the HRM awards 2014

The Association of Human Resource Professionals (HRP) recently awarded Coca-Cola Beverages Sri Lanka a silver award at the prestigious HRM Awards 2014 event. Coca-Cola Beverages Sri Lanka won the award for consistently adhering to industry best practices in Human Resource Management (HRM). The award was presented by Chamara Perera – Head of IT of Sri Lankan Airlines to Priyantha Ranasinghe -Country HR Manager, Coca-Cola Beverages Sri Lanka

EIU says government’s budget deficit target ‘too optimistic’

?Echoing the sentiments recently expressed by the International Monetary Fund (IMF), the research arm of the London-based publication The Economist said the fiscal deficit target of the new government is “too optimistic”.

First BoI-approved LPO from Ironwood Legal

?Sri Lanka’s apex investment promotion body, the Board of Investment (BoI), has approved its first legal process outsourcing (LPO) company, a media statement said. 

Hemas likely to foray into healthcare in Bangladesh

Diversified conglomerate Hemas Holdings PLC is exploring the possibilities of entering the healthcare sector in Bangladesh, Mirror Business reliably learns. According to sources, the group is evaluating the purchase of a hospital in the South Asian neighbour.

Ceylon Chamber to host business forum with Modi

?The visiting Indian Prime Minister Shri Narendra Modi will address Sri Lanka’s top business leaders on Friday, March 13, in Colombo. The evening event, which is organised by the country’s premier chamber...

Sri Lanka to host 2015 Int’l Coloured Gemstone Association Congress

Sri Lanka will be hosting the International Coloured Gemstone Association (ICA) 2015 Congress this May, which would bring greater prominence and expertise to the local gem industry.

IPM to host Business Leaders’ Forum with Prof. T.V. Rao

?The Institute of Personnel Management of Sri Lanka (IPM) - the leading professional human resources management body in Sri Lanka - will stage a Business Leaders’ Power Breakfast Forum from 7:30 a.m. to 9:30 a.m. on Tuesday, March 24, 2015, at the Oak Room, Cinnamon Grand, Colombo.

Biz news channel CNBC launched on Dialog Television

?CNBC, first in business worldwide, announced a new carriage deal with Sri Lanka’s biggest direct-to-home platform, Dialog Television. The business news channel is now available on Dialog Television’s channel 41. 

Dr. Saman Kelegama succeeds Hemaka Amarasuriya as Singer Chairman

?Singer Sri Lanka recently announced the retirement of business giant, Hemaka Amarasuriya, from its board of directors. He was initially appointed to the board of Singer Sri Lanka in April 1979 and was subsequently named the...

MAS Holdings introduces branded smart welfare card for employees

?Unlike the conventional plastics, this is a smart card capable of carrying out multiple functions for a smooth and efficient employee welfare program. The card is an “intelligent” chip embedded protocol system that can....

SriLankan bags Silver at HRM Awards

?SriLankan Airlines once again demonstrated its high level of professionalism in human resource management and development when it won a Silver award in the Open/Private Sector category at HRM Awards 2014, held at Cinnamon Grand, recently.

Metropolitan launches novel distribution strategy with Acer and Canon

?Metropolitan Computers (Pvt) Ltd recently launched a novel distribution strategy with the appointment of key distributors to handle specific geographies across the country. 

John Keells Foundation empowers rural women through Village Adoption Programme

?The International Women’s Day commemorated globally on 8th March is a time to reflect on progress made, to call for change and to celebrate acts of courage and determination by ordinary women who have played an extraordinary role in the history of their communities.

Hameedia provides employees visual merchandising training

?Sri Lanka’s leading menswear specialist Hameedia, recently enrolled 34 employees at the University of Moratuwa for a six-week long certificate course in Visual Merchandising. Hameedia’s VM Team, as well as the company’s Showroom Managers and Area Managers attended the programme. 

Land Rover Presents the Slipping Chairs at HSBC Colombo Fashion Week

Land Rover is proud to present the Slipping Chairs at the Spring/Summer 2015 edition of HSBC Colombo Fashion Week, which is set to take place from March 8- 14 2015 at the Hilton Colombo. The popular acoustic band will be performing exclusively at the Land Rover stand, throughout the duration of the HSBC CFW Show.  

Triad celebrates 22 years of creative leadership

?Triad, Sri Lanka’s path-breaking indigenous agency celebrates 22 years of creative ingenuity today and marks the occasion by reflecting on a journey that has transformed the advertising landscape of the country. 

Finance Minister dismisses bond issue allegations

The government yesterday dismissed all allegations regarding a recent controversial bond issue by the Central Bank and claimed it was carried out in a transparent manner.

Manoj Gunawardena to make comeback as SriLankan CEO?

Former SriLankan Airlines CEO Manoj Gunawardena is tipped to make a comeback with Kapila Chandrasena tendering resignation on Monday, sources said. Manoj, who was with the airline for over 30 years when it was Air Lanka under the management of Emirates, was appointed as the CEO in 2008.

Dr. Kelegama to take reins of Singer Industries

Prominent economist Dr.Samana Kelegama will be appointed Chairman of Singer Industries PLC with effect from April 1, 2015, the company said in stock exchange filing. 

Bartleet Religare gives thumbs down for latest IPO

?The research arm of Bartleet Religare Securities (BRS) has given thumbs down for the latest Initial Public Offering (IPO) that is to be listed in the Colombo Stock Exchange (CSE).

Lanka’s ICT exports will hit $ 1 bn mark this year, beating forecasts: Rishad

Sri Lanka’s Information Communication Technology (ICT) exports will reach the US$1 billion milestone this year, one year ahead of projections, according to Industry and Commerce Minister Rishard Bathiudeen.

Modi to inaugurate rail track to Talai Mannar

?The train services from Madhu Road to Talai Mannar Pier will be declared open and dedicated to people of Sri Lanka by Indian Prime Minister Shri Narendra Modi on March 14, 2015, during his visit to Sri Lanka, which takes place from March 13 to 14, 2015. 

Holcim Lanka lecture on transferring from British Standards to Euro Codes today

?Concrete structures have always been designed according to the British Standard (BS) codes for a considerable period of time. However, due to the advancement in design codes, Euro Codes (EN) have been introduced.

CSE partners CA Sri Lanka, CFA Society to empower investors

?The Colombo Stock Exchange (CSE) in association with the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and The Chartered Financial Analysts Society of Sri Lanka, ....

CPM to host 13th South Asian Management Forum end-March

?The Institute of Certified Professional Managers (CPM), a member of the Association of Management Development Institutions of South Asia (AMDISA), will host the 13th South Asian Management Forum, at Taj Samudra, on March 26 and 27.  

JASTECA Awards recognize Unilever Ceytea’s productivity practices

?Unilever Sri Lanka’s Ceytea factory was recognized for its productivity practices at the 18th annual Japan Sri Lanka Technical and Cultural Association (JASTECA) awards held recently. 

Elephant House and Keells Foods implement Axienta’s sales force solution

?Elephant House and Keells Foods, the two main brands under the John Keells Group, recently implemented a dealer management solution through Axienta sales force solution across 230+ dealerships. 

MasterCard offers priceless experiences at Rugby World Cup

?MasterCard announced a range of premium exclusives for its cardholders in Sri Lanka to get them to the heart of the action at the Rugby World Cup 2015.  Having partnered with the 2011 edition of the Rugby World Cup...

Bieco Link is now Adam Carbons

?PCH Holdings PLC has renamed its fully owned subsidiary Bieco Link Carbons (Pvt) Ltd “Adam Carbons (Pvt) Ltd” with effect from 18th February 2015, the company disclosed in a CSE filing.