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  • CMA signs MOU with Fonterra Brands Lanka as Accredited Practical Training Partner
    Wed, 20 Aug 2014 18:35:52 +0000 - Certified Management Accounts of Sri Lanka (CMA) and Fonterra Brands Lanka Ltd. have signed an MOU certifying Fonterra to act as an accredited practical training organisation for CMA students. Fonterra is a global cooperative owned by around 10,500 dairy farmers in New Zealand. In Sri Lanka, Fonterra has been providing high-quality dairy nutrition for more [...]
  • zMessenger opens innovation centre
    Wed, 20 Aug 2014 18:35:49 +0000 - zMessenger Ltd., the undisputed market leader in mobile marketing and digital services, announced the inauguration of its new state-of-the-art three-storey innovation centre in Colombo. The inauguration ceremony was held under the patronage of Dr. Hans Wijayasuriya, Group Chief Executive of Dialog Axiata and Ranjith Rubasinghe, Chief Executive of Sri Lanka Telecom Mobitel, the Co-Founders of [...]
  • UN Chief encourages Sri Lanka to cooperate with international inquiry
    Wed, 20 Aug 2014 18:35:20 +0000 - United Nations Secretary-General Ban Ki-moon has encouraged Sri Lanka to cooperate with the international inquiry launched by the office of the UN High Commissioner for Human Rights into human rights violations during Sri Lanka’s war. Spokesperson for the Secretary-General Stéphane Dujarric, when asked about the UN Chief’s response to Sri Lankan President’s statement that Sri [...]
  • International academic recognition, quality assurance in the spotlight
    Wed, 20 Aug 2014 18:35:17 +0000 - 13th session of Regional Committee on Recognition of Qualifications in Higher Education held in Colombo As cross-border mobility of students within Asia-Pacific continues to grow, a fair process is needed to evaluate foreign credentials in a consistent manner. Recognising the substantial diversity that exists within the region, 26 delegations of state and non-state parties from [...]
  • Democratic governance, voluntary associations and people’s rights
    Wed, 20 Aug 2014 18:35:06 +0000 - By The Friday Forum Some months ago the Friday Forum issued a public statement that reflected on certain emerging trends in our country, and posed the question whether Sri Lanka is moving towards authoritarianism. Though circulated widely, this statement did not receive extensive publicity in the national newspapers. A recent letter issued “To all NGOs” [...]
  • Sporting sell Rojo to Manchester United, Nani goes the other way
    Wed, 20 Aug 2014 18:33:56 +0000 - LISBON (Reuters): Sporting have agreed to sell Argentina’s World Cup left back Marcos Rojo to Manchester United while Nani will move the other way as he joins the Portuguese side on loan. Sporting said in a statement to Portugal’s Market Securities Commission that the Premier League side would pay 20 million euros ($26.64 million) for [...]
  • New duties
    Wed, 20 Aug 2014 18:33:50 +0000 - A Civil Defence Force officer helps hospital authorities carry on their work after junior staff of all Government hospitals across the country boycotted their duties yesterday in protest. The islandwide strike was launched under the direction of the All Ceylon Health Services Union (ACHU), citing several demands, including the implementation of the 6/2006 circular, not [...]
  • Throwing spokes in the wheel
    Wed, 20 Aug 2014 18:32:17 +0000 - An impending alliance between the feuding Ranil and Sajith factions may offer hope of unity within the main opposition United National Party, but will it torpedo burgeoning hopes of a common Opposition platform to contest the 2015 presidential poll? On 24 July, within the musty confines of New Town Hall on Green Path, extraordinary political [...]
  • Smiling relations!
    Wed, 20 Aug 2014 18:31:52 +0000 - President Mahinda Rajapaksa welcomed Japan’s Land, Infrastructure, Transport and Tourism Vice-Minister Manabu Sakai, who called on the President at Temple Trees on Tuesday. Japanese Ambassador in Sri Lanka Nobuhito Hobo is also present. During the meeting, Minister Sakai informed President Mahinda Rajapaksa that he would be handing over the Colombo City Transport Master Plan to [...]
  • NDB Capital Holdings records Rs. 207 m PAT
    Wed, 20 Aug 2014 18:31:08 +0000 - NDB Capital Holdings PLC continued its impressive run through the second quarter of 2014 by recording a notable consolidated quarterly income of Rs. 321 million which translated to a consolidated PAT of Rs. 207 million. At Company level, the quarterly income and PAT stood at Rs. 173 million and Rs. 153 million respectively. In 2014 [...]
  • Turkish Airlines sees Jan-July passengers up 15%
    Wed, 20 Aug 2014 18:30:52 +0000 - Turkish Airlines said on Thursday its passenger numbers increased by 15.2% to 31 million people in the first seven months of the year. The airline, which is Europe’s fourth-largest carrier by passengers, also said its load factor in the January-July period declined 0.3 points to 78.9%, according to a stock exchange filing. – Reuters
  • “Sri Lanka is one of the most attractive destinations in the region”
    Wed, 20 Aug 2014 18:30:52 +0000 - Raffles Leisure General Manager Rohan Jayasinghe speaks on tourism and their journey so far and beyond. Following are excerpts: Q: What do you think of the present tourism prospects in Sri Lanka? A: Tourism in Asia and the Asia Pacific region as a whole is growing despite economical down turn in the European sector. Sri [...]
  • Prima Sunrise Bread to sponsor Regional Junior Open Golf Championship in A’pura
    Wed, 20 Aug 2014 18:30:51 +0000 - Continuing its drive to broad base the game in the country, the Sri Lanka Golf Union together with Prima Sunrise Bread has found a new venue at Anuradhapura to conduct the Regional Junior Open Golf Championship on 23 and 24 August. The host club of the tournament this year would be Eagles’ Heritage Golf Course [...]
  • New landing gear for SriLankan A330 aircraft
    Wed, 20 Aug 2014 18:30:50 +0000 - Another complete landing gear replacement performed by SriLankan Engineering SriLankan Engineering, a pioneer MRO (Maintenance, Repair and Overhaul) service provider for regional carriers, has just completed the replacement of all three landing gear assemblies of a yet another A330 Aircraft of the national carrier. This marks the eighth occasion the complete gear assemblies were changed on [...]
  • New web system to track child cases
    Wed, 20 Aug 2014 18:30:46 +0000 - The Ministry of Justice has initiated an innovative web-based tracking system for the Attorney General’s Department developed by the University of Colombo -School of Computing (UCSC) with the financial and technical support from the United Nations Children’s Fund (UNICEF). Speaking at the launch event, Minister of Justice Rauff Hakeem said the lack of case tracking [...]
  • Dubai hotels see lowest occupancy for July in 18 years
    Wed, 20 Aug 2014 18:30:45 +0000 - Dubai hotels reported the lowest occupancy levels in July of any month for the last 18 years, said an industry expert, adding that preliminary data indicate negative revenue-per-available-room performance. “As July is one of the hottest months within the region and coincides with the fasting month of Ramazan, the city had an overall negative trend, [...]
  • First-ever green cleaning solution Eco Clean launched in Sri Lanka
    Wed, 20 Aug 2014 18:30:45 +0000 - By Shehana Dain Pure Life Solutions yesterday launched the first-ever eco-friendly cleaning solutions range in the country in order to reach customers with products that don’t contain any chemicals, mainly focusing on the safety of the consumer and environment. The new range of eco-clean products is produced by the parent company Super Colloids Lanka Ltd., [...]
  • Blue Mountain to launch apartment project Sovrano 39 on Sunday
    Wed, 20 Aug 2014 18:30:43 +0000 - Perfection, innovation, reliability and infinite value are the core essence and value propositions that the real estate giant Blue Mountain Properties Ltd., the country’s leading property developer and lifestyle creator, believe in. More than just your average property developer, Blue Mountain has gone from developing and selling land plots in strategically located areas, to creating [...]
  • National importance of CSR in 21st century
    Wed, 20 Aug 2014 18:30:41 +0000 - CSR Sri Lanka will launch to facilitate sustainable nationwide initiatives In the recent decade the private sector has greatly increased the amount of resources allocated to activities classified as Corporate Social Responsibility (CSR). CSR, which is interchangeable for Corporate Citizenship, is linked to a company’s Triple Bottom Line Reporting and is used as a framework [...]
  • Atchchuvely Industrial Estate to be opened on 27 August in Jaffna
    Wed, 20 Aug 2014 18:30:39 +0000 - The Atchchuvely Industrial Estate is a major initiative under the Government’s ‘Mahinda Chinthana’ – Vision for the Future to facilitate the transformation of the Northern Province and in particular the Jaffna District into a driving hub for industries to support high potential promising strategic industrial sectors and specially to promote the small medium industries (SMIs). [...]
  • Consumer confidence fails to match up to business optimism: Nielsen’s Cader
    Wed, 20 Aug 2014 18:30:38 +0000 - By Senuri De Silva The apparent paradox facing private sector was summed up global research giant Nielsen when its local head last week revealed that though the Business Confidence Index (BCI) has improved in the recent months, the Consumer Confidence Index (CCI) has not been able to regain its value thus far. “The retail market [...]
  • Sri Lanka to face stiff opposition against Japan and Hong Kong
    Wed, 20 Aug 2014 18:30:37 +0000 - On the surface, Sri Lanka’s participation in this year’s Asian Sevens Series 2014 will bring the usual expectations for the local fans. But, in reality, there’s much more riding on a successful campaign for them now than ever before. Last year Sri Lanka under the same leader Fazil Marija achieved the number three position and [...]
  • Macksons Holdings appoints Milfer Makeen as Chairman
    Wed, 20 Aug 2014 18:30:37 +0000 - Macksons Holdings Group of Companies appointed Milfer Makeen, son of the Founder Chairman, Al Haj A.W.M. Makeen, as the new Chairman of the Group. Milfer Makeen was actively involved in the business operations of Macksons Holdings. He served as the Deputy Chairman of the Group till the demise of Al Haj A.W.M. Makeen. He received [...]
  • Amãna Takaful Matara branch relocated to new strategic location
    Wed, 20 Aug 2014 18:30:37 +0000 - Amãna Takaful PLC (ATPLC), the only fully-fledged Takaful operator and the flag bearer of the Takaful way of insurance in Sri Lanka recently relocated its Matara branch to a new strategic location. The new branch, located at No. 36/1 St. Thomas Mawatha, Matara was ceremoniously inaugurated by Matara Deputy Mayor Ranjith Yasarathna along with Amãna [...]
  • Wasim Thajudeen Memorial Trophy
    Wed, 20 Aug 2014 18:30:35 +0000 - Inaugural Old Boys Rugby Match – S. Thomas’ Prep School vs S. Thomas’ College, Mount Lavinia It is just over two years since the passing away of Wasim Thajudeen;a player, a gentleman, a fighter, yet nothing can form a dent in the reminiscence of someone with such a zest for life. With Wasim’s extraordinary talent [...]
  • Five hubs: A Hobson’s choice for private sector?
    Wed, 20 Aug 2014 18:30:33 +0000 - By Shabiya Ali Ahlam The role of private sector in the Government’s five-hub strategy came under the spotlight last week at a top forum with some wanting more clarity and action whilst others questioning what the business community is waiting for and why. Hosted by the American Chamber of Commerce of Sri Lanka (AMCHAM) in [...]
  • Vehicle leasing at lowest interest rate from Sampath Bank
    Wed, 20 Aug 2014 18:30:33 +0000 - Sampath Bank has now introduced the country’s lowest-ever vehicle leasing interest rate of 12% per annum under its ‘Sampath Leasing Wasi Thun Mase’ promotional period, during months of June, July and August. Lease an unregistered or registered vehicle at a really low interest and the least monthly rental of Rs. 2,281/- per Rs. 100,000 for [...]
  • EDEX Mid-Year Expo: Empowering youth to meet global needs
    Wed, 20 Aug 2014 18:30:33 +0000 - EDEX has earned a reputation to offer ‘Choices’, ‘Options’ and ‘Opportunities’ to empower aspiring Sri Lankan youth to be globally competitive in the sphere of school to work transition with numerous initiatives offered throughout the year. The EDEX Mid-Year Expo 2014, will be a platform showcasing tertiary education, skills and careers to be held this [...]
  • HDFC Vishrama Rekawarana: Pension plan with highest returns
    Wed, 20 Aug 2014 18:30:32 +0000 - Housing Development Finance Corporation Bank (HDFC Bank) has launched a pension plan, Vishrama Rekawarana in a manner to bring many benefits to the investors while financing its corporate goal of providing long term housing loans to the needy. This innovative pension plan has been arranged to secure and safeguard the future of their customers and [...]
  • Gunner Supercross
    Wed, 20 Aug 2014 18:30:31 +0000 - The Gunner Supercross, organised by the Artillery Regiment of the Sri Lanka Army for the ninth occasion, was held at the Minneriya Army tracks. A large number of spectators watched the series, which consisted of 20 motorcycle and car racing events. Aravinda Premadasa won both of his events in the GT-Super Car championships to emerge [...]

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