Sri Lanka’s 2011 tea production records 328.3 million kilograms

Sri Lanka’s 2011 tea production records 328.3 million kilograms Sri Lanka’s tea production during the year 2011...

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Treasury bill auction

Treasury bill auction Sri Lanka’s weekly treasury bill auction held today...

 

Archive for the Category ‘Executive Focus’

Sri Lanka’s Softlogic Group’s retail arm to expand to 250 outlets by end 2012

Sri Lanka’s Softlogic Group’s retail arm to expand to 250 outlets by end 2012

Sri Lanka’s Softlogic Group, a diversified conglomerate is planning to expand its consumer electronic and home appliances segment, in a bid to take advantage of the increasing demand for such products in the local market.
Accordingly, the firm which operates 110 outlets as of now, will increase the network strength to 250 by end 2012.
“We are [...]

Sri Lanka’s Market Watchdog seeks a new DG

Sri Lanka’s Market Watchdog seeks a new DG

Sri Lanka’s Securities and Exchange Commission has started hunting for a new Director General to fill the post which is already vacant.
In an advertisement published on weekend news papers the SEC says, the interested persons who have a Bachelors Degree or a equivalent professional qualification with 10 years of experience are eligible to apply for [...]

Singaporean businesses urged to invest in Sri Lanka

Singaporean businesses urged to invest in Sri Lanka

Shamil Mendis, the President of the Sri Lanka – Singapore Business Council has urged the Singaporean businessmen to invest in Sri Lanka without any delay and reap the benefits of the economic upswing taking place in the country.
Mendis made this request recently when he addressed a group of nearly 100 businessmen of Singapore during the [...]

BOC appoints new GM

BOC appoints new GM

State banking giant BOC today appointed Mrs. W.A. Nalini as the bank’s 17th  General Manager.
W.A. Nalini a veteran in the Banking sector has joined the Bank of Ceylon in the year 1975 and has functioned in several key positions before she was elevated to the post of General Manager.
She is the 3rd female to take [...]

New owners of Delmege to focus more on FMCG sector

New owners of Delmege to focus more on FMCG sector

The new owners of the Delmege Forsyth Group say, FMCG will be one of the key focus sectors of the Group and will see more investments going into build its FMCG brands and also to add new categories.
Nimal Perera Deputy Chairman & Managing Director of the Delmege Forsyth speaking at a company event said, “We [...]

Sri Lanka’s “Balm King” felicitated

Sri Lanka’s “Balm King” felicitated

Victor Hettigoda, the founder of the popular Siddhalepa Balm was felicitated by President Mahinda Rajapaksa for the services he has rendered to the country’s Ayurveda industry.
Felicitation of Hettigoda who now heads the Hettigoda Group of Companies  coincided with the inauguration of the Ayurveda Expo 2011 exhibition commenced at the BMICH last Friday.
Hailing from Kanake, Matara, [...]

Archaic minds of parents, an obstacle to change the “post-war” Sri Lanka

Archaic minds of parents, an obstacle to change the “post-war” Sri Lanka

By: Mihindu Rajaratne
University students in Sri Lanka have become synonymous with anxiety, distress, disruptive and directionless since the political mallets have taken over the administration of such an important process. University students in Sri Lanka (USSL) therefore, have naturally become the victims and mallets of political parties and politicians for many years. There are many [...]

8 ways to benefit from price marking

8 ways to benefit from price marking

By: Priyanga Hapugalle

If you are shopping in most parts of Asia you are bound to experience the bargain game. It is a culture that is especially prevalent in the open markets from Chinatown, Singapore to Nugegoda in Sri Lanka. Having said that we are only just beginning to see even branded products or top flight [...]

Is ‘Sponsorship’ a waste of money or a waste of opportunity?

Is ‘Sponsorship’ a waste of money or a waste of opportunity?

By: Priyanga Hapugalle
Whilst most of us wake up to read on the calamities and the catastrophe around us each day, there is that one big carnival of carnivals that is gathering momentum and rousing spectator interests with each passing day in neighboring India. Yes, the dazzling IPL cricket fiesta which is virtually shaping the future [...]

Increase market capacity to attract top notch funds: Stock Broker

Increase market capacity to attract top notch funds: Stock Broker

Head of a Sri Lankan brokering firm says the Colombo bourse should increase its liquidity levels if it wants to attract top-notch funds to the bourse, which are already showing a greater interest on the local market.
Kosala Gamage, the Managing Director of Lanka Securities speaking to news360.lk said, the CSE is currently experiencing its best [...]

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