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Triple bottom line focus yields rich dividends for Watawala Plantations

Sunshine Holdings subsidiary wins 15 awards for economic, social & environmental progress in 2014 Transformative economic, social and environmental impact of its actions won much national and regional acclaim in 2014 for Watawala Plantations PLC, a subsidiary of Sunshine Holdings PLC. ‘Triple bottom line’ focused strategies, served to yield rich dividends even at grass-root levels…

(0)Comments | January 5, 2015 11:08 am

Mobitel & Ericsson partner to drive Sri Lanka’s Smart Society Vision

Mobitel and Ericsson today announced the signing of a Memorandum of Understanding (MOU) between the two companies, stating that in 2015 they intend to forge a strategic business partnership that aims to significantly contribute to the nation’s Smart Society vision and Knowledge Hub strategy. The collaboration, which focuses on jointly working together to make WiFi…

(0)Comments | January 5, 2015 10:58 am

Commercial Credit clinches Gold at National Business Excellence Awards

Commercial Credit and Finance PLC walked away with the Gold Award in the Non-Banking and Finance Sector at the recent National Business Excellence Awards 2014. Organised by the National Chamber of Commerce of Sri Lanka, the National Business Excellence Awards recognise and reward organisations which have excelled in all-round performance in a range of critical…

(0)Comments | January 5, 2015 10:49 am

UNFPA launches ‘State of the World’s Population 2014

United Nations Populations Fund (UNFPA) launched ‘The State of the World’s Population 2014 ’ at an event held in Hilton Residences, Colombo. Over 200 young people were present at the event. UNFPA representative Mr. Alain Sibenaler presented the publication to the gathering. UNFPA is the lead UN agency for delivering a world where every pregnancy…

(0)Comments | December 30, 2014 3:36 pm

Plantation Companies make significant headway in biodiversity integration

Improvements in many indicators relating to the environment, including chemical usage reduction Regional Plantation Companies (RPCs) are now making concerted efforts to protect the environment and preserve biodiversity in RPC-managed estates, while several pioneering plantation companies have gone as far as to integrate biodiversity management to their business operations. While many RPCs have already subscribed…

(0)Comments | December 30, 2014 3:27 pm

Asian Alliance Rating Withdrawal by Fitch

Asian Alliance Insurance PLC terminated the rating agency agreement with Fitch Ratings Lanka Ltd on 28 October 2014 as Fitch insisted on reviewing Asian Alliance’s rating due to a rating revision of ultimate parent – Softlogic Holdings PLC (SHL).  SHL was subsequently rated A- by Lanka Rating Agency Ltd, formerly RAM Ratings (Lanka) Ltd.  A…

(0)Comments | December 30, 2014 2:57 pm

Second phase of ‘Nipunatha Abisheka’ certifies over 700 construction technicians in Matara

A special initiative by NAITA and Holcim Sanstha in partnership with the Southern Provincial Council  The second phase of the successful ‘Nipunatha Abisheka’, organised in partnership with the National Apprentice and Industrial Training Authority (NAITA) and Holcim (Lanka) Ltd, was recently launched in Matara, in the presence of Hon. Dallas Allaperuma, Minister of Youth Affairs…

(0)Comments | December 23, 2014 4:09 pm

Hayleys Advantis signs JV in Yangon with Kusuhara Japan and Sedate Myanmar

Strengthens logistics operations in the region  Hayleys Advantis, the Transportation and Logistics arm of diversified blue-chip conglomerate Hayleys Group, entered into a joint venture in Myanmar with Kusuhara Transportation Company Limited of Japan and Myanmar Sedate Shipping & Logistics Company Limited. The agreement was signed recently in Yangon, Myanmar with the participation of representatives of the…

(0)Comments | December 22, 2014 1:42 pm

The ‘Christmas Party’ and ‘Mid Night Madness’ to ignite ‘In…On the Green’

The ‘In…On the Green’ recently announced the launch of two new events in line with their seasonal celebrations to end the year in grand style. The heart of Colombo will be ready to be set alight as Sri Lanka’s finest pub, ‘In…On the Green’ hosts several parties to bring on the happiness this Christmas season….

(0)Comments | December 22, 2014 1:35 pm

Asian Alliance Insurance bags Silver at National Business Excellence Awards

Asian Alliance Insurance PLC, that is part of the Softlogic Group, is delighted to announce that it was awarded Silver in the “Insurance Category” with a further Silver Award for Overall Excellence in the “Large Companies Category” at the ‘National Business Excellence Awards 2014′ which was held at the Colombo Hilton Grand Ballroom on the…

(0)Comments | December 22, 2014 1:10 pm

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