Category: Other
Janashakthi – National Civilian Bravery Awards
Janashakthi Insurance PLC, a leading Insurance provider in Sri Lanka, announced its partnership with the Foundation of Civilian Bravery Sri Lanka for the ‘Janashakthi – National Civilian Bravery Awards’ to recognize civilians who voluntarily risk their lives while saving, or attempting to save others from peril. The Foundation of Civilian Bravery Sri Lanka believes that […]
Central Bank appoints new Deputy Governor
The Monetary Board, with the concurrence of the Hon. Minister of Finance, has promoted Assistant Governor, Mr. S Lankathilake to the post of Deputy Governor of the Central Bank of Sri Lanka (CBSL) with effect from 24th January 2016. Mr. S Lankathilake has more than 30 years of experience in the CBSL in the areas […]
Watawala plantation 9-mth profit +7 pct on palm oil, lower tax
Jan 27, 2016 (LBO) – Sri Lanka’s Watawala Plantations PLC reported net profit of 439 million rupees for the nine months to 31 December 2015, up seven percent, on profits from palm oil and lower outlay on taxes despite losses in the tea and rubber production sectors. Net profit for the quarter was up 21 […]
Fonterra Brands Sri Lanka announces new Managing Director
Dairy co-operative Fonterra today announced the appointment of Sunil Sethi as Managing Director of Fonterra Brands Sri Lanka and Indian Subcontinent. This follows Leon Clement’s recent appointment as Managing Director Fonterra Brands New Zealand. Mr Sethi, who will start the role in February, joins Fonterra from Kellogg’s where he was Vice President of Sales, Asia […]
CEAT radials chosen as original equipment for Micro Cars
CEAT’s radial tyre manufacturing operation in Sri Lanka has entered a new phase, being designated an Original Equipment Manufacturer (OEM) by Micro Cars Limited, the country’s prolific automobile assembly company. The highest-selling radial tyre brand in Sri Lanka, CEAT tyres are now being fitted on to Micro Panda and Micro Panda Cross cars rolling off […]
Sri Lanka commits to protecting endangered wildlife: Minister
Jan 26, 2016 (LBO) – Sri Lanka has emphasized its commitment to protect endangered wildlife species at the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) on the side-lines of the 66th standing committee meeting of CITES held in Geneva, recently. “The government had decided to destroy a confiscated blood ivory […]
Healthy leadership for healthy nation
Media release: The inauguration ceremony of the Sports and Physical Health promotion programmes organized by the Ministry of Sports held under the patronage of President Maithripala Sirisena at the Presidential Secretariat premises, yesterday (25). Accordingly, it is expected to create an energetic, enthusiastic and healthy nation encompassing the adolescent, young, adult and senior social levels […]
Sri Lanka ranks 14 on global offshoring index 2016
Jan 25, 2015 (LBO) – With many domestic and international companies investing heavily on the local IT/BPO and BPM offshoring industry thanks to its commercial attractiveness, access to skilled talent and a lucrative business environment coupled with the improving technology infrastructure, Sri Lanka now ranks in the 14th position on the 2016 A.T. Kearney Global […]
Ceylon Chamber to compile SME registry
The Ceylon Chamber of Commerce, the country’s premier business Chamber has started to collect data from Small and Medium Businesses spread across the country in order to compile a new SME Registry. The main objective of the new Registry is to help SMEs find potential business partners to further enhance their business activities. The ‘SME […]
Commercial Bank joins Bank Muscat Oman for instant money transfers
Instant, real-time fund transfers between Oman and Sri Lanka have become possible as a result of a tie-up between the Commercial Bank of Ceylon and Bank Muscat, the leading financial services provider in the Sultanate. Commercial Bank is the first Sri Lankan bank to link with Bank Muscat for this purpose. Account holders of Bank […]
Top interior design trends for 2016
Lamudi has announced the top trending interior designs for 2016, paying homage to the fading stars of this year. According to the Lamudi trend forecast report, industry professionals can expect more artisan goods, and a further emphasis on sustainable materials, while mix metallics and metals will be embraced. “It’s time to say goodnight to calming […]