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Hotel near Buckingham Palace serves $200 cup of Ceylon tea

(CNN) — It’s no secret that the British are very serious about their tea. Now a London hotel has taken this dedication to new heights by offering what’s been dubbed the UK’s most expensive cuppa. The Rubens at The Palace is now serving a rare tea blend for £500 ($620) per pot, which works out to around $200…

(0) Comments | July 18, 2019 1:11 pm

Featured

Brandix lauded as Sri Lanka’s largest corporate blood donor for 9th successive year

Brandix has been lauded as the ‘Largest Corporate Blood Donor’ in Sri Lanka for the ninth consecutive year by the National Blood Transfusion Service (NBTS), following the contribution of over 4,000 pints of blood from the company’s employees in 2018-19. Minister of Health, Nutrition and Indigenous Medicine, Hon. Dr. Rajitha Senaratne presented Brandix with a…

(0) Comments | July 17, 2019 2:51 pm

UMW expands specialized service capacity for BMW vehicles with Bavarian Auto Services acquisition

Sri Lanka’s leading multi-brand workshop, Ultimate Motorworks Ltd (UMW) announced a drastic expansion to its ability to provide specialized auto servicing solutions for the entire spectrum of BMW vehicles flowing from its landmark acquisition of BMW servicing specialist Bavarian Auto Services (BAS). Backed by a collective seven years of intensive domestic market expertise, UMW will…

(0) Comments | July 17, 2019 1:12 pm

Ceylinco Life gifts 4-bed High Dependency Unit to Kandy Teaching Hospital

The Teaching Hospital Kandy, the second-largest medical institution in the country, has become the fifth government hospital to receive a fully-equipped and furnished High Dependency Unit (HDU) from Ceylinco Life under a corporate social responsibility initiative of the life insurance leader. The HDU donated by the Company will be used as a Surgical High Dependency…

(0) Comments | July 17, 2019 12:43 pm

Spa Ceylon wins 4 World Spa Awards in Russia

Spa Ceylon – the world’s largest Ayurveda Wellness chain, was a major winner at the World Luxury Spa Awards 2019 in St Petersburg, Russia, bagging 4 international awards. Recognized for excellence in their field of speciality, the brand was once again awarded the ‘Global Award for Best Luxury Ayurveda Spa’. Considering the group’s international presence…

(0) Comments | July 15, 2019 11:26 am

ARTDO to do signature Human Resources and Management event this year in Sri Lanka

~ Conference packages disruptive, pathbreaking leadership oriented management and HRD sessions, says Janaprith Fernando Movers and shakers globally acclaimed in the Management and Human Resources sphere will meet for brainstorming, inspiration and motivational mentoring each year, and Sri Lanka is their venue of choice in 2019. Hilton Colombo hosts the 46th ARTDO conference themed Shaping…

(0) Comments | July 15, 2019 11:15 am

HNB Finance amongst top 25 ‘Great Places to Work’ in Asia

Sri Lanka’s leading financial institution HNB Finance cemented its position as a leading employer when it was selected as one of the top 25 Great Places to Work in Sri Lanka and Asia in the large category recently through an independent study conducted by Great Place to Work Institute. The only Sri Lankan financial institution…

(0) Comments | July 12, 2019 5:29 pm

CMI Elects Murali Prakash as President at 18th Annual General Meeting

The 18th Annual General Meeting (AGM) of the Chartered Management Institute (CMI), Sri Lanka Branch was held recently at the Galle Face Hotel Colombo. His Excellency James Dauris, the British High Commissioner to Sri Lanka and British Ambassador to the Maldives graced the occasion as the Chief Guest.   The Annual General Meeting this year was…

(0) Comments | July 12, 2019 4:24 pm

SLT Inaugurates “CoderDojo @ SLT”- Coding and Digital Making Clubs to lead a Nation backed by innovation

National ICT solutions provider Sri Lanka Telecom PLC successfully inaugurated the “CoderDojo @ SLT”-Coding and Digital making clubs at a special ceremony held at SLT training center, Welisara, recently. The programme is scheduled to be initiated based on the Welisara SLT Training Center and then expand to all SLT training centers and SLT Regional Offices….

(0) Comments | July 12, 2019 2:34 pm

UNIBA Partners Strategic Insurance, beyond wealth Benefits – A class by themselves

United Nations  Insurance  Broker  Association  cherry  picks  SIB  as  the  exclusive Insurance Services provider and Broker for Sri Lanka and Maldives.  SIB Expands Global Reach with UNIBA, with its 130 plus countries, and growing; enrolls SIB as one of the three Elite Partners servicing South Asia Strategic Insurance Brokers has extended its global clout with…

(0) Comments | July 12, 2019 11:29 am

ZILLIONe launches latest version of SAGE 300 ERP

~ Reestablishes itself as the catalyst in introducing cutting edge technology based enterprise solutions in Sri Lanka The latest version of SAGE 300, the globally recognized Enterprise Resource Planning (ERP) solution was introduced to Sri Lanka by ZILLIONe recently. Having been enhanced in terms of scalability and mobility, the upgraded SAGE 300 enables entire businesses…

(0) Comments | July 12, 2019 11:01 am

Top News

Sri Lanka trade deficit narrows in May 2019

The Central bank of Sri Lanka yesterday revealed that country’s trade deficit had narrowed significantly in May 2019 in comparison to the corresponding month of the previous year due to the combined effect of an increase in exports and a reduction in imports. The deficit in the trade account narrowed to US dollars 823 million…

(0) Comments | July 18, 2019 12:58 pm

Japan Provides Human Resources Development Scholarships for the Sri Lankan Public Sector

The Japanese Grant Aid for Human Resources Development Scholarship (JDS) Programme was introduced in Sri Lanka in 2010 by the Government of Japan in order to provide opportunities to the executive level public sector officials to undergo Master Degree Programmes in prominent universities in Japan.   Accordingly, the First Framework (2010-2013) and the Second Framework…

(0) Comments | July 18, 2019 10:52 am

Sri Lanka stocks hit over 3-month high on local buying; rupee steady

Reuters – Sri Lankan shares rose for the sixth straight session on Wednesday to hit a more than three-month closing high, as diversified and banking stocks gained, while the rupee ended steady. ** The benchmark stock index gained 1.04% to 5,645.65, its highest close since April 4. Markets were closed on Tuesday for a holiday….

(0) Comments | July 18, 2019 10:34 am

War risk costs drag on UAE marine fuel sales, benefit Singapore: trade sources

(Reuters) – Shippers trying to minimize time in the Middle East after oil tanker attacks pushed up insurance costs are scaling back purchases of marine fuels from the United Arab Emirates’ (UAE) Fujairah oil hub, trade sources said. Instead, they are turning primarily to Singapore, the world’s top refueling hub, to buy marine fuels, also…

(0) Comments | July 18, 2019 10:15 am

South African Business and their Role in Creating Sustainable Peace and Stable Economy

What would be the role of businesses in creating a sustainable economic resurgence? Speaking from experience, South African High Commissioner Robina Marks stated that the primary role of businesses is to play an active part in uniting a country, for both their own survival and sustainability, and for the country’s economic development. “Across the world,…

(0) Comments | July 17, 2019 2:04 pm

PATA Sri Lanka Chapter holds AGM; Asitha Panabokke elected as Chairperson

The Annual General Meeting of the PATA Sri Lanka Chapter was held in Colombo recently. The Sri Lanka Chapter facilitates its members within Sri Lanka in conducting their varied businesses within the hospitality sector in a more effective manner adn providing access to international  commercial contacts. The key aim is to promote Sri Lanka as…

(0) Comments | July 17, 2019 2:00 pm

From Counterterrorism to Recovery: Lessons from International Experience

Man-made terror attacks – like natural disasters – are extreme events and their frequency appears to be rising globally. Examples of highly coordinated attacks include 9/11 in the US in 2001, the Bali Bombings in 2002, 7/7 attacks in London in 2005, and the Paris attacks in 2015. Closer to home, Sri Lanka was hit…

(0) Comments | July 17, 2019 1:19 pm

World’s wealthiest Black national business tycoon’s brother visits Sri Lanka to discuss business opportunities

Wafailu Bello, a Nigerian national who is the President/CEO of Bellmari Group and former Group General Manager of Dangote Industries Limited was in Sri Lanka to have B2B meetings with Idea Group Ltd. Wafailu Bello is a brother of Aliko Dangote, world’s wealthiest Black national. The objective of discussions between Sampath Mayakaduwa, Chairman/CEO of Idea…

(0) Comments | July 17, 2019 12:21 pm
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Analysis

Fears over country situation abate; a slightly more positive outlook unfolds: Survey

The latest LMD-Nielsen Business Confidence index (BCI) poll state that the economy will improve in the next 12 months, where as in May only 6% of respondents were as optimistic. “Many of the economic problems witnessed are because local companies don’t produce enough and due to high taxes,” States a survey respondent. While another remarks,…

(0) Comments | July 8, 2019 2:20 pm

Land Prices in Greater Colombo Increase by up to 64% as Demand Grows for Affordable Land Outside the City

Demand for land in Thalahena, Gothatuwa and Kolonnawa are rising significantly, resulting in the highest percentage increases in land prices in Greater Colombo, according to a recently concluded study. LankaPropertyWeb.com analysed postings in its website to ascertain the change in asking prices for land in the Greater Colombo area. Thalahena topped the list, recording a…

(0) Comments | June 27, 2019 11:47 am

Economic Outlook Hangs In the Balance as Concern over the Country Situation Mounts: Survey

According to the latest monthly LMD-Nielsen Business Confidence index (BCI) survey more than two-thirds of respondents consulted by Nielsen, for LMD’s publisher Media Services, anticipates that the economy will worsen over the next 12 months. This sentiment is driven by slow or no investment and in the light of the impact of the mayhem since…

(0) Comments | June 12, 2019 11:35 am
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