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Altair links to the world with Dialog Broadband Fibre

Every apartment to receive state-of-the-art ultra-high-speed connectivity solution Residents of Altair, the inimitable twin tower residential high-rise nearing completion, are to be provided ‘fibre-to-home’ – a state-of-the-art high-speed fibre connectivity solution by Dialog Broadband Networks, under an agreement ratified recently. Encompassing high-speed data services of up to 100 Gbps for Broadband Internet, Wi-Fi and IPTV,…

(0) Comments | September 26, 2017 3:29 pm

Featured

Nestlé wins ‘Highest Value Added Exporter’ for Coconut Kernel products at Presidential Export Awards

~ Continues to support local livelihoods whilst enhancing foreign earnings for Sri Lanka  Nestlé has won ‘Highest Value Added Exporter’ in the Coconut Kernel Product category at the recent Presidential Export Awards. This marks the sixth Presidential Export Award for the company, in recognition of its strong contribution to national exports, and efforts to create…

(0) Comments | September 25, 2017 7:39 pm

The Lions of Colombo (Host) conduct a mega Multi Service Health Camp

The Lions Club of Colombo (Host) successfully conducted a Multi Service Health Camp to benefit the villagers living in the Kelaniya area. The camp was held at the Sri Gnanawimalaramaya, Kelaniya with the blessings of the Chief Monk and support of the Dayaka Sabawa on Sunday 17th September from 7.30 am to 1.30 pm and…

(0) Comments | September 25, 2017 7:29 pm

Dentsu is top Network in 2017 Campaign Brief Asia Creative Rankings: Ogilvy & Mather rank at #2, followed by BBDO and TBWA

The Most Awarded Network Table in the 2017 Campaign Brief Asia Creative Rankings has seen “order restored” with Dentsu rising back to top and displacing last year’s number one network, Ogilvy & Mather. BBDO is ranked #3 and the big improver this year is TBWA at #4 (up from #6 last year). Dentsu’s best performer…

(0) Comments | September 25, 2017 3:54 pm

Metropolitan ties up with Singer to offer Canon printers

Metropolitan Computers tied up with Singer Sri Lanka, one of the largest retailers in the country to offer Canon printers to consumers island-wide through Singer’s extensive retail network. Metropolitan has been the local distributor for Canon in Sri Lanka for 38 years and is happy to partner with Singer to expand the reach of Canon…

(0) Comments | September 25, 2017 3:49 pm

SLIM partners with Hayleys Advantis – makes the latter exclusive logistics partner of SLIM NASCO 2017 and SLIM Brand Excellence 2017

Sri Lanka Institute of Marketing (SLIM) signed an MOU with Hayleys Advantis Limited appointing the latter as the exclusive logistics partner of SLIM flagship events; SLIM NASCO 2017 and SLIM Brand Excellence 2017. The signing took place at the SLIM home marking the debut partnership between Hayleys Advantis Limited and SLIM. The MOU was signed…

(0) Comments | September 25, 2017 3:31 pm

Leading global relocations player Santa Fe collaborates with EFL Relocations

Pioneering freight and logistics provider EFL (Expolanka Freight) has officially partnered with global family moving giant Santa Fe Relocation Services. Announcing the agreement, EFL said the company will has been appointed the sole agent of Santa Fe in Sri Lanka going forward, further strengthening its commitment to developing its expertise in global mobility and relocation…

(0) Comments | September 25, 2017 12:26 pm

SLII’s coveted LAKVINSURE Plate & Bowl Six a Side a rip roaring success

~ How insurance ensures that cricket endures Risk takers selected the wicket takers and padded-up for the Inter Insurance Company Cricket Sixes. ‘The Sri Lanka Insurance Institute held hands with Strategic Insurance Brokers (SIB), to stage this leather chasing, willow wielding extravaganza at Colts Cricket Grounds, on Saturday 15th July. Play began at 8am with…

(0) Comments | September 25, 2017 10:11 am

Sanjeev and Kumar back with ‘The Smart Professional’ by popular demand

Well-known trainers Sanjeev Jayaratnam and Kumar de Silva are back once again with their signature motivational, skills development, and corporate etiquette workshops – The Smart Professional. Repeated by popular demand, the specially crafted full-day session is scheduled for Thursday 12 October at the Galadari Hotel in Colombo. “Communication is visual, verbal and physical. This triangle is…

(0) Comments | September 25, 2017 10:03 am

Presidential Export Awards recognizes Virtusa’s strong contributions to Sri Lankan economy, for the third consecutive time

~ Wins ‘Highest Foreign Exchange Earner’ and ‘Highest Value Added Exporter’ awards in Computer and Related Services category Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for its clients, was recently recognized as the ‘The Highest Foreign Exchange Earner’ and ‘Highest Value Added Exporter’ for 2016…

(0) Comments | September 25, 2017 9:59 am

Breakfast all day at the Waffle Café

Someone once said that the most important meal of the day is your breakfast, but no one really specified and said breakfast needs to be a “morning thing”. Keeping this in mind, Colombo’s pioneering café to serve anything and everything with a good ol’ warm waffle “The Waffle Café”, recently introduced an “All-Day Breakfast” to…

(0) Comments | September 22, 2017 3:29 pm

Top News

Global Trade Rebound Boosts Growth in Asia and the Pacific

HONG KONG, CHINA (26 September 2017) — Growth remains strong across most of developing Asia as a result of the broad-based recovery in global trade, robust expansion in major industrial economies, and improved prospects for the People’s Republic of China (PRC). This will combine to push growth in developing Asia for 2017 and 2018 above…

(0) Comments | September 26, 2017 2:00 pm

Current Monetary Policy Stance Is Appropriate – Monetary Board

Considering developments and outlook in the domestic and international macroeconomic environment, the Monetary Board, at its meeting held on 25 September 2017, was of the view that the current monetary policy stance is appropriate and decided to maintain the policy interest rates of the Central Bank of Sri Lanka at their present levels. Given below are the key…

(0) Comments | September 26, 2017 7:45 am

Sri Lankan shares fall to one-week low as blue chips decline

Reuters – Sri Lankan stocks fell for a third straight session on Monday to a one-week closing low as investors sold shares in market heavyweights ahead of the central bank’s policy rate decision. Sri Lanka’s central bank is expected to keep its key interest rates steady on Tuesday, a Reuters poll showed, to support a…

(0) Comments | September 26, 2017 7:39 am

Sri Lanka in talks with two Chinese firms for $3 billion refinery

Reuters – Sri Lanka is in talks with two Chinese companies about investing up to $3 billion to build in a new refinery at its Chinese-controlled port, a top government official said on Friday. Sri Lanka wants to build a new refinery in its southern Hambantota port, where China Merchants Port Holdings (CMPH) has a…

(0) Comments | September 25, 2017 2:11 pm

Lanka Graphite gets ready to commence graphite production in Sri Lanka

The company is formalising an off-take agreement to supply high grade vein graphite. Lanka Graphite Ltd (ASX:LGR) has been granted its first artisanal mining license (AML) in Sri Lanka to commence small scale graphite production. An AML grants the licensee the exclusive right to mine, process and trade in all minerals specified in the license…

(0) Comments | September 25, 2017 2:04 pm

Jaguar Land Rover Partners Transcend For Shangri-La Hotels

Luxury fleet of 30 Jaguar and Land Rover Vehicles Contracted by Transcend Drive for Shangri-La Hotels   Shangri-La Colombo the second property in Sri Lanka for the luxury Asian hospitality group – joining Shangri-La’s Hambantota Golf Resort and Spa will soon open its doors with a luxurious fleet of thirty Jaguar and Land Rover Vehicles….

(0) Comments | September 25, 2017 11:44 am

CB Governor offers key insights into the Government’s Vision 2025 at DFCC Bank’s high level strategy workshop

DFCC Bank organized a strategizing session on September 9th at the Pegasus Reef Hotel, Wattala, where a cross-section of the Bank’s senior staff engaged in interactive and participatory discussions as well as focused strategy discussions for the Bank’s development in 2018-2020.   The highlights were the sessions conducted by two of the country’s financial leaders…

(0) Comments | September 25, 2017 9:47 am

Sri Lanka – The Land of Serendipity

The Embassy of Sri Lanka in Stockholm in collaboration with the Sri Lanka Tourism Promotion Bureau (SLTPB) recently conducted a series of tourism promotional events titled “Sri Lanka; The Land of Serendipity” on board the ships of Tallink Silja Shipping Line on their voyages to Tallinn-Estonia and Riga-Latvia and on return voyages to Stockholm showcasing…

(0) Comments | September 24, 2017 11:48 pm
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Analysis

The Expectation Of Reduction Of Corruption In Sri Lanka Grows Higher

Perceived Economic Opportunity PEO: June, 2017 This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a sample of 400 men and women in June 2017 covering all districts in Sri Lanka on their expectations of economic prospects in the ensuing twelve months. STATUS OF JOB…

(0) Comments | September 23, 2017 8:34 am

Paving the way for BIGDATA Analytics in Sri Lanka

By Zahir Fuard: Sri Lanka is a land which is well acquainted with the concept of precognition, and a persistent desire to predict the future. Even the most rational among us cannot help but be tempted by the idea. If you knew what was coming tomorrow, would you act differently? What would you do? How…

(0) Comments | September 13, 2017 11:56 am

In India, diesel cars killing air: Study

NEW DELHI: An international study, testing on-road emissions of passenger cars in India, says a diesel SUV may be emitting 25 to 65 times more oxides of nitrogen (NOx) than a small petrol car. On-road emissions of diesel cars may also be far higher than their emissions under lab certification conditions, it adds. The study,…

(0) Comments | August 13, 2017 9:35 pm
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